He could buy way earlier ..just because he listened to u he bought at peak
Anyway at least he make action and better than not buy anything
He made a right decision but just a bit late
Ngam mou bearbearwong

Drop is drop.. buy where drop where.. nvm for ownstay.. investmeny jio painful..

If u listened to bbbb and bought earlier u still make profit

Talk kok sing song to get all his stars can la.

Hi sifus

Is it now a suitable period to invest in property?

In 6 month from now the price will likely reduce because of unemployment, salary cut, retrench etc.
Also if can find more than 10% discount from market value, can buy.

Hi sifus

Is it now a suitable period to invest in property?

so....500sqft studio KL RM120k got?

Oh Sorry my statement , Not greed , but pessimistic about property or the economy , it’s totally different,

I just hate people spread pessimistic in young people society

Prove me the claims then , how many in one area ? 2 or 4 ? 20 units ? Out of 200,000 , 1,000,000 or 2,000,000 existing houses in one area?? Oh my God, that’s a lot  !!! 


Which area are sold 800k then still selling 800k now after 3 years or 5 years , I wan see JPPH Jabatan report not Iproperty ones 

No property that cannot rent out
The issue only what the rental rate

Provided his rice bowl still soild. And 6mths is just a guess. It might even stretch to 9 -12mths before it shows result. At that time, the sharks might make more preparations than ppl.

Also no gerenti that the area he vie will drop.

Just take bbw as example. For years he took the advise of ppl telling him will DDD and what happen?

my relative got 960sf unit for sale, what is the realistic price to let go? bought the unit at 400K NETT back in 2015 from Mahsing. after VP, Hv been waiting for a year at 370k unable to sell. shall we re-adjust the price to may be 340K ? so buyer can Mark up the 10% D/P also.

lol i my property flipper friend is filing her bankruptcy this year if she cannot manage to sell 2 units of her 4 holding.

3rd and 4th key are coming soon. she told us either she can find another higher pay job or sell it at 10%-15% lower price.
otherwise she makan bread and water only.

Go for GLC developers is the safest. These local ah pek developers cannot be trusted even on black and white. Talking about verbal chit chat, showrooms. Small niche developers are even worse, most are not following showroom, changing tile quality, vanity,  with all sort of excuses like no stock this lar that lar. this is design lar. They will use all the loopholes to their advantages.

A lot of buyers just suck thumb and lose money quietly. 90% of the time if you buy a property from developer now, u will lose money upon VP.

A trick i learn on how to check a developer track records. Check on iproperty pricing after VP vs launch time. If subsale is lower than their SpA, then these developers are not bringing value  to you.

Gone, now she is officially bankrupt. Although managed to drag until this year. with the amount of effort she put in.

cc: WahBiang

Auction date confirm. Full online bidding only.
Drop from 730k. Expected to attract few bidders.
B-35-08, Tower B, Lakeville Residence
Reserve price🔥🔥RM 467,200‬🔥🔥
Leasehold until 2113
1329 sqft, 2 car park slots
Auction: 06-Jun-2020 (Sat)
*Non bumi lot
*Owner still occupied unit


Previous Auction(s) for this property
Auction Date  Price
2020-03-28  RM525,600.00
2020-03-07  RM584,000.00
2020-02-15  RM730,000.00
Lelong transacted price :
978sf. Sold RM 442k. (452psf)
1188sf. Sold RM 548k. (461psf)
978sf. Sold RM 520k (531psf)

Lelong unit check in at below 200k.
Drop from 250k.

B-33-13, Empire Damansara
Reserve price🔥🔥RM 182,300‬🔥🔥
Leasehold until 2108
333 sqft
Auction: 06-Jun-2020 (Sat)

im tired of hearing buble buble bubble.

there is this babee trick developers use

when I try to buy the best lots in condo, the broker say all taken except...

I look at the map of the condo, the red sticker show so many taken

when I move in, also show the property taken already

but after 2 years still only 30% occupied. Where is the 70%

tak kan the owner not want to rent, right ?

Then AGM came, bloody hell

I found out why...the developer big boss suddenly have majority votes to determine our house rules
the owners all also takut cannot vote all the rules through because big boss have majority

40% of the empty units belong to the developer big boss and his family.

Wadefak man..why they use this conman tactic.

many developer showroom like SD use this demand high tactics. just walk in and see their game. dot stickers demands hahaha.

developers are the skunk of the earth

they come up with condo development - Tower A, Tower B, Tower C

Tower A - they offer to their internal konco…put in a false demand

then they launch first phase - Tower B, price go up

put some fake red sticker, claim units taken up already but actually the developer big boss already book under his name

Then they come up with Tower B - wth a bit more room and larger balcony - price probably go up another 20%

wait...some time

come up with Tower C - so called high class, nice fascade, big 1 million to 1.5 mil plus unit about 1,800 - 2,200 sq feet

all conman one

Pre MCO, the market already stagnat since last year. Family member bought two 700k condos during the huu haa period that everyone need to buy as many as they can.

One condo sold after 4 years at the price he bought, another residing but value dropped by 15% due to a lot of unsold units. Developer give a lot of discounts till early owner impacted.

Hard to earn money via property now. Still remember couple of years back? Whatever mid priced condo will be snatched, so call get keys then can sell and profit 100k+ after appreciation lol.

Ya, youngsters going all out using their parent's name and DP. You don't buy prop, you're the loser period. The default investment tool.

My friend bought a 800k condo back when he was earning 5k+ believing he will earn 100k-200k upon take keys. If can't support then sell if off for profit mentality. Now ah...stuck with depreciating condo cause too expensive and a lot unsold units. Don't dare to ask.

I hope so too. I buy to keep 20 years one...not to speculate.

I also hope one day government force them to convert to Built to Sell.

When we buy something not yet built, like buying something out of thin air.

The developer is so well protected, can find financing from banks and prospective buyers. Not to mention, evil banks make it hard for us to obtain loans but so easy for developer to obtain term or bridging loan to finance their insatiable hunger to build more.

I had once observe a friend kena con by developer, when the developer could not afford to build anymore, when into liquidation. Mind you, the parent co still ok, but they quickly relinquish all the share in the subsidiary, leaving all the buyers in a lurch.

The subsidiary then went into liquidation, and my friend had to pay progressive interest for 9 years, before somehow the liquidator managed to kick start the project and finish it after 12 years. When my friend finally got the keys, his property was build like crap. You can notice the tiles all pudar already, having been abandoned for 12 years.

THis!!! there is no bubble , property prices in Malaysia is never coming down, it has been ages since we are hearing the bubble is going to burst but it will never will!! even if recession hits, country suffers from massive unemployment , killer virus outbreak, in short , no matter what the property prices in Bolehland will never come down
P.S down 10 percent is negligible

Tell this to those who has experienced 1984-1987 poorperty bubble burst.

what one doesn't know doesn't mean didn't occur.