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 Multiple Signs of Malaysia Property Bubble V20

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TSicemanfx
post Jan 10 2020, 11:59 AM

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QUOTE(jimmyktp @ Jan 10 2020, 01:07 AM)
haha..slowly wait. While sales have slowed down, never underestimate those with holding power especially when there are many malaysians working overseas earning USD/GBP/SGD
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How many Malaysians are working in overseas? How many of these intend to settle down in the host country? Why repatriation by these Malaysian working overseas is still not significant in bnm report?

This post has been edited by icemanfx: Jan 10 2020, 12:01 PM
ngaisteve1
post Jan 10 2020, 06:08 PM

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Just sold one property with profit whistling.gif
TSicemanfx
post Jan 10 2020, 06:11 PM

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QUOTE(ngaisteve1 @ Jan 10 2020, 06:08 PM)
Just sold one property with profit whistling.gif
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Congratulations!
SUSoro100
post Jan 10 2020, 06:16 PM

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QUOTE(ngaisteve1 @ Jan 10 2020, 06:08 PM)
Just sold one property with profit whistling.gif
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Not enough details, when did u buy ur property?
kembayang
post Jan 10 2020, 06:22 PM

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QUOTE(ngaisteve1 @ Jan 10 2020, 06:08 PM)
Just sold one property with profit whistling.gif
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Still need to pay profit tax 5% to government?
ngaisteve1
post Jan 10 2020, 06:24 PM

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QUOTE(oro100 @ Jan 10 2020, 07:16 PM)
Not enough details, when did u buy ur property?
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long long time ago laugh.gif
ngaisteve1
post Jan 10 2020, 06:24 PM

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QUOTE(kembayang @ Jan 10 2020, 07:22 PM)
Still need to pay profit tax 5% to government?
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can use one-time tax free waiver icon_rolleyes.gif
kembayang
post Jan 10 2020, 06:26 PM

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QUOTE(ngaisteve1 @ Jan 10 2020, 06:24 PM)
can use one-time tax free waiver icon_rolleyes.gif
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Really?
I thought LGE had cancelled off that tax waiver.
If real, how should i request for the waiver?
ngaisteve1
post Jan 10 2020, 06:27 PM

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QUOTE(kembayang @ Jan 10 2020, 07:26 PM)
Really?
I thought LGE had cancelled off that tax waiver.
If real,  how should i request for the waiver?
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oh is it? i tot once-in-a-lifetime, u can get free tax? need to double check again with lawyer
ngaisteve1
post Jan 11 2020, 09:50 AM

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QUOTE(icemanfx @ Jan 10 2020, 07:11 PM)
Congratulations!
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Thanks. It is old 30 years old apartment. Sold at RM280k.
alexkos
post Jan 11 2020, 11:50 AM

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QUOTE(AskarPerang @ Jan 10 2020, 11:56 AM)
Once again another unit drop to below 270k.
Drop from 450k. Now at 6th round re-auction.

Details as below:

C-19-01, Ivory Residence
Reserve price 🔥🔥RM 265,721🔥🔥
Freehold
1288 sqft
Auction: 22-Jan-2020 (Wed)
*Non bumi lot

» Click to show Spoiler - click again to hide... «

Previous Auction(s) for this property
Auction Date  Price
2019-11-28  RM295,245.00
2019-10-31  RM328,050.00
2019-09-10  RM364,500.00
2019-07-09  RM405,000.00
2019-05-31  RM450,000.00
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Corner lot? Kena sun?

Hollow21
post Jan 11 2020, 11:55 AM

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QUOTE(AskarPerang @ Jan 9 2020, 11:18 PM)
Pigeon hole unit. KL address.
Owner bought at 450k via subsale market.

user posted image

Now further price drop.
Details as below:

C-18-7, Type F, Hedgeford 10
Reserve price 🔥🔥RM 263,000‬🔥🔥
Freehold
562sqft, 1 car park slot
Corner/End lot unit
Auction: 30-Jan-2020 (Thu)
*Occupied unit (tenant staying)

» Click to show Spoiler - click again to hide... «

*

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Ayam want to ask how much for that brizks property report?
SUSdestiny6
post Jan 11 2020, 11:58 AM

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QUOTE(alexkos @ Jan 9 2020, 11:53 PM)
whr to get these reports? ayam also want survey 500sqft studio serius.
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Why u so interested buying a studio....hmm.gif
squarepilot
post Jan 11 2020, 12:01 PM

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QUOTE(destiny6 @ Jan 11 2020, 11:58 AM)
Why u so interested buying a studio....hmm.gif
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nowadays many couple choose to marry/stay in without wanting to have chilren.

therefore studio unit is sufficient
alexkos
post Jan 11 2020, 12:06 PM

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QUOTE(destiny6 @ Jan 11 2020, 11:58 AM)
Why u so interested buying a studio....hmm.gif
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Coz Ayam foreveralone 500sqft enuf if too big too tired to upkeep also
AskarPerang
post Jan 11 2020, 01:07 PM

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QUOTE(squarepilot @ Jan 11 2020, 12:01 PM)
nowadays many couple choose to marry/stay in without wanting to have chilren.

therefore studio unit is sufficient
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QUOTE(alexkos @ Jan 11 2020, 12:06 PM)
Coz Ayam foreveralone 500sqft enuf if too big too tired to upkeep also
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28 boulevard studio unit 450sqft.
A couple with 1 kid staying.
Read review here: https://forum.lowyat.net/index.php?showtopi...post&p=95098811
smartalex P
post Jan 12 2020, 10:46 PM

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QUOTE(Syie9^_^ @ Jan 9 2020, 11:43 PM)
next door 280K shocking.gif  shocking.gif

half the ori price shocking.gif
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Next door Lelong property also?
TSicemanfx
post Jan 13 2020, 06:31 PM

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QUOTE(seancl85 @ Jan 13 2020, 05:54 PM)
smartalex P
post Jan 14 2020, 11:18 PM

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QUOTE(icemanfx @ Jan 13 2020, 06:31 PM)

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"Looking at data collected by the National Property Information Centre, the analyst said total residential property transactions rose 2.1% year-on-year (y-o-y) in the third quarter of 2019, led by units priced between RM150,000 and RM200,000 which saw a 13% increase in value y-o-y.

Residential units priced between RM250,000 and RM300,000 saw their transaction value rise 6% y-o-y"

Bubble? What bubble? XD
(Selective cut & paste)
kurtkob78
post Jan 15 2020, 12:42 PM

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QUOTE(smartalex @ Jan 14 2020, 11:18 PM)
"Looking at data collected by the National Property Information Centre, the analyst said total residential property transactions rose 2.1% year-on-year (y-o-y) in the third quarter of 2019, led by units priced between RM150,000 and RM200,000 which saw a 13% increase in value y-o-y.

Residential units priced between RM250,000 and RM300,000 saw their transaction value rise 6% y-o-y"

Bubble? What bubble? XD
(Selective cut & paste)
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the napic stats did not include auction props. which is alot

the bank interest is higher. confirm losing money

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