BearbearWong must be dam busy right now with so many workload coming his way.....same as my friend working in jabatan insolvesi.....young, old, middle age all go by bus load to them thank to the banks credit card.

I actually like Zeti's initiative to control the credit - mortgages, credit cards, etc. Now there is a limit to the maximum cc limit you can get, about 2x of your gross perhaps?

Datuk liew.. my prop here oso drop price leh.. zzz

Affordable exclude unnecessary facility like gym, swimming pool, etc doesn't mean low quality. However, expect price of those condo mostly bought for investment to converge to affordable apartment level.

Haizz,own stay paid the price... still there will be rich ppl ard

Property is illiquid, price takes years to bottom.

poor workmanship is not limited to new launch or cheaper price unit e.g.
https://m.facebook.com/story.php?story_fbid...97&id=753417896

residential title couldn't have higher density than commercial e.g. soho, soxo, which were popular during the property bull run. given practicality and stagnant income, those units launched during the bull run is likely to converge to affordable units.

As predicted many years ago, price is still on down trend.

R u ready for a rate hike. More selling pressing to flippers

http://www.thestar.com.my/business/busines...or-a-rate-hike/

Isn't this a bit too late to those flippers and wannabe that jumped on the bull run 2011-2015?

remember those uuu/bbb laugh at those who sold during the bull run? guess who has the last laugh.

Developer net price is cheaper near vp than when launched.

Given over supply is increasing, interest rate on uptrend, likely credit squeeze, npl on residential is rising, property is more likely on down trend for next 2 years. even after price bottomed, expect price to remain stagnant or at best rise at inflation rate for the extended period. conditions for 2011 to 2013 cheap and easy credit is unlikely to occur in the foreseeable future. also the kangkong land will become aging nation by 2030, property price is likely on long term decline.

property is not the only investment opportunity available.

kv property bull run 2011 to 2014 was fuelled by cheap and easy credit, a fallout of u.s fed qe. hence, the bull run started and ended with qe. in the foreseeable future, another u.s. fed qe is unlikely. in the contrary, u.s fed is to rise interest rate and likely to shrink its balance sheet, effectively a reversal of qe which may lead to credit crunch in emerging markets.

old age pensioners ability to buy property is limited by availability of bank loan. In ageing nation, there will be more old people selling than young people to buy. hence, property price is likely to remain stagnant.

beside gut feeling, there isn't any data to support the property will turn positive by 2020. in contrary, with mounting oversupply and rising interest rate, 2020 is more likely near the bottom of current down trend and remain stagnant thereafter.

With more affordable housing is coming, demand for non-affordable will be depressed and price is expected to converge to affordable range.

Those who bought during the last bull run 2011-2015 were with 30 years loan tenure mean by the time they finished paying the bank, their house value could be below water.

This is only the beginning of price down trend, wait til bank interest rate rise and liquidity squeeze.

Bought than announce else talk no action i.e. tin kosong.
Penthouse in mk is available at about 80% of 5 years ago price.

https://www.lelong.com.my/penthouse-11-mont...7-01-Sale-I.htm

https://www.iproperty.com.my/property/mont-...1/sale-5163350/

Invite uuu/bbb to give their opinions.