In year 2030, Malaysia will become a ageing nation. Property will likely follow Japan on long down trend.

Property now go back up already. No more sales. You miss out the lowest point Dy.

interest rate drop mean outlook is negative. u.s fed qt has more impact on aggregate economy than interest rate alone.

Rate will not up but down in the future. And QE is sure to continue! This is 💯 % certain. Expect this to happen this year!

U.s fed qe was a desperate measure for desperate time. Is u.s economy in crisis?

Recession is coming to US towns. That is why. Trade war only make the economy worse. But trump is the guy  that pull down the economy and the blame. Look at US national debt under trump! Too much debt, but not enough growth. How to solve? Pile up more debt to get lesser and lesser growth. Only trump is stupid enough to believe it gonna be working.

U.S economy is still growing. If US debt is a issue, would have collapsed during qe.

because debtor endure the debts

just like German giving out to rest of EUROzone

in each betting table, there will be one winner and loser... if its a draw, it defeat the purpose to even start gambling - CN vs US

U.S economy is still growing. If US debt is a issue, would have collapsed during qe.

QE is to prop up the stock market so that it can live on another day. Now stock market is at all time high is due to stock buy back to artificial boast the market since borrowing cost is at all time low.

Stock market was one area qe liquidity went. u.s fed qt is unlikely to jeopardize stock market.

The massive QE has to go somewhere, this is where it went to, stock and property, so when tightening, where do you think it will goes? My guess is government bonds & PM. Money always seek ROI! Every economic cycles, money always hops from asset class to another asset class to preserve their value first.

No doubt, money flow to where more could be made.

Yes, so this time round, property is where the money flowing out. Guess it could be in land, or art, or the two that I mentioned before. Even to crypto also man! Don't pray pray man!

Individuals and funds managers view things differently. by the time average joe realized is about time for funds managers to exit.

I hope fund managers know what they are doing lar! The one thing I know is, everyone has got a plan, until they get hit in the face.

No one could win all the time.

No bidder. Below 300k also nobody interested in this vacant, non bumi unit.
And is a 3 bedroom unit, not studio!!!
Updated price and details as below:

J-06-08, Block J, Mutiara Ville, Persiaran Sepang, Cyber 11, 63000 Cyberjaya
Reserve price 🔥🔥RM262,440🔥🔥
935 sqft, end lot unit
Freehold
Auction: 13 Jul 19 (Sat)
*Non bumi lot
*Vacant unit

Layout:

New launches/ Uncompleted propety Price in certain states had definitely drop 30+% rebate.

Developer will tell you SPA price did not change.

But they will give you 30% rebate and ask you to take remaining amount in bank loan.

Effectively, the net price had fallen 30%. And this excludes free MOT now.

By not changing the SPA price, caveated price remains the same, while banks do not need to margin call on existing property owners.

So if you are in this situation, there is a termination clause in SPA which allows you to terminate the SPA (meaning give up the house back to developer) at 10% or 20% penalty cost.

I will add more details later as I may be terminating my SPA

No la.. No adrenaline rush.. Internet slow.. Press once didn't appear to go through, press twice lo.. Haha..

Serving termination notice appears to be the easiest.

Terminating the bank loan appears to the more tricky part. Lead time and penalty.. For me, my penalty for terminating bank loan is $500 + legal fee + $500.. So pretty simple...

So the game plan now is the terminate the SPA by paying 20% penalty and buy a sub sale at a better location at a much better price now