QUOTE(kevyeoh @ Sep 1 2018, 04:17 PM)
Drop alot oredi its a good time to buy for first time buyer..Multiple Signs of Malaysia Property Bubble V20
Multiple Signs of Malaysia Property Bubble V20
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Sep 1 2018, 04:53 PM
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2,531 posts Joined: Feb 2009 From: Land below the wind |
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Sep 1 2018, 06:38 PM
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700 posts Joined: Nov 2009 |
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Sep 1 2018, 10:33 PM
Show posts by this member only | IPv6 | Post
#1563
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4,720 posts Joined: Jan 2003 |
For discussion purpose... May I know your reason for saying this? As I thought condo has more facilities and so ppl tend to buy condo than landed... younger generation folks tend to favor condo too...nowadays landed not so much in demand compared to condo so my thought is landed since low transaction ... got higher risk lower demand and now price drop ... based on my own observation without proper data from NAPIC etc... I just observe some landed house can put for sale up to 2 years plus before finally being sold... and it is at a prime area...
QUOTE(scorptim @ Sep 1 2018, 06:38 PM) This post has been edited by kevyeoh: Sep 1 2018, 10:33 PM |
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Sep 1 2018, 11:27 PM
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700 posts Joined: Nov 2009 |
QUOTE(icemanfx @ Aug 12 2018, 10:40 PM) QUOTE(kevyeoh @ Sep 1 2018, 10:33 PM) For discussion purpose... May I know your reason for saying this? As I thought condo has more facilities and so ppl tend to buy condo than landed... younger generation folks tend to favor condo too...nowadays landed not so much in demand compared to condo so my thought is landed since low transaction ... got higher risk lower demand and now price drop ... based on my own observation without proper data from NAPIC etc... I just observe some landed house can put for sale up to 2 years plus before finally being sold... and it is at a prime area... As per above example for SK, clearly shows non landed price drops faster than landed. The reason for this is simple, although younger generation prefers condo, the ones with buying power are those middle aged people in their 30s to 40s. Usually people in this age group prefers landed properties due to their family size, plus at that age they know they would hardly use the condos facilities as well. On top of that, these people are looking for a house to settle down and call home for good at that age. Landed props gives you more flexibility in terms of customising the house to your liking. More renovation options and you can customise the exterior of the house as well which in most condos are subject to all kinds of restrictions. Youngsters mostly can afford those below 500k props, especially the below 300k ones. That’s why if you observe the low-medium cost apartments prices, there’s been only a slight drop from prices 1-2 years ago. |
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Sep 1 2018, 11:35 PM
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All Stars
21,456 posts Joined: Jul 2012 |
QUOTE(kevyeoh @ Sep 1 2018, 10:33 PM) For discussion purpose... May I know your reason for saying this? As I thought condo has more facilities and so ppl tend to buy condo than landed... younger generation folks tend to favor condo too...nowadays landed not so much in demand compared to condo so my thought is landed since low transaction ... got higher risk lower demand and now price drop ... based on my own observation without proper data from NAPIC etc... I just observe some landed house can put for sale up to 2 years plus before finally being sold... and it is at a prime area... Due to national land code, landed (with tiltle issued) need high court permission for every round of auction. Hence, price takes longer to drop and sold. Also mean until it is sold, borrower is incurring loan interest at penalty rate. |
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Sep 1 2018, 11:37 PM
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6,562 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(icemanfx @ Sep 1 2018, 11:35 PM) Due to national land code, landed (with tiltle issued) need high court permission for every round of auction. Hence, price takes longer to drop and sold. Also mean until it is sold, borrower is incurring loan interest at penalty rate. How do we keep track of the number of rounds a property has gone through auctions? |
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Sep 2 2018, 02:42 AM
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21,456 posts Joined: Jul 2012 |
QUOTE(AskarPerang @ Sep 2 2018, 12:00 AM) No taker once again. Crazy cheap yet nobody interested? New price as below: B-01-06, Ceria Condominium, Persiaran Sepang Cyber 10, 63000 Cyberjaya Reserve price 🔥🔥RM 332,100🔥🔥 Freehold 1195sqft (dual key unit) Auction: Sep 18 » Click to show Spoiler - click again to hide... « No taker again the cheap unit. How low can this go??? From S&P price of almost 600k now at below 50% price also nobody interested? C-01-01, Block C, Sawtelle Suites, Jalan Cyber Heights, Cyber Heights Villa Reserve price 🔥🔥RM 262,440🔥🔥 Freehold 753 sqft (duplex, end lot unit) Auction: Sep 18 » Click to show Spoiler - click again to hide... « |
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Sep 2 2018, 03:53 AM
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9,533 posts Joined: Jun 2013 |
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Sep 2 2018, 03:59 AM
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9,533 posts Joined: Jun 2013 |
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Sep 2 2018, 09:07 AM
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23,688 posts Joined: Aug 2007 From: Outer Space |
QUOTE(bearbearwong @ Sep 2 2018, 03:59 AM) Just newly completed. No idea launching price at how much. No taker once more. Is below 200k now. Super cheap price. A-16-02, Wing A, Galleria Equine Park Reserve price 🔥🔥RM 182,250🔥🔥 Leasehold 450 sqft Auction: Sep 18 » Click to show Spoiler - click again to hide... « |
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Sep 2 2018, 09:10 AM
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4,998 posts Joined: Dec 2010 |
Has landed freehold DSL in PJ collapse yet? I have ready cash to hoot.
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Sep 2 2018, 10:43 AM
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All Stars
21,456 posts Joined: Jul 2012 |
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Sep 2 2018, 11:22 AM
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4,998 posts Joined: Dec 2010 |
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Sep 2 2018, 11:38 AM
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700 posts Joined: Nov 2009 |
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Sep 2 2018, 01:24 PM
Show posts by this member only | IPv6 | Post
#1575
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3,833 posts Joined: Oct 2006 From: Shah Alam |
landed houses in Nilai already collapse. auction reserve price more than 10% below launch price.
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Sep 3 2018, 10:05 PM
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9,533 posts Joined: Jun 2013 |
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Sep 3 2018, 10:06 PM
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9,533 posts Joined: Jun 2013 |
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Sep 3 2018, 10:30 PM
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2,145 posts Joined: Mar 2009 From: 1BORNEO |
when was the last time M'sia had property bubble burst?
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Sep 4 2018, 02:53 PM
Show posts by this member only | IPv6 | Post
#1579
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All Stars
21,456 posts Joined: Jul 2012 |
http://napic.jpph.gov.my/portal/web/guest/...showButton=true
It seems kv property is still declining and no end in sight. |
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Sep 4 2018, 04:26 PM
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4,998 posts Joined: Dec 2010 |
QUOTE(icemanfx @ Sep 4 2018, 02:53 PM) http://napic.jpph.gov.my/portal/web/guest/...showButton=true How to read the data?It seems kv property is still declining and no end in sight. How to know what is up or down? |
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