IMO, not yet. Can still wait longer, according to my rough calculations, compressed cash out buyers can still hold until 2022 Q4 if they dont spend the cash backs on luxuries, so expecting this auction sales spike to remain until 2023 Q1. Prolly auction units will surge 1Q or 2Qs after the targeted moratorium. I am expecting the market to at least correct until the price-to-rent ratio is sensible for entry.

*Loan compression ended in June 2019.

. They did benefit from the property bull run la. Just the last 2 units that they bought were fck ups. Greed knows no bound; so in the end, big win becomes insignificant win.

Basically Malaysians holding power is still strong. Only those crazy flipper compressors gambler burn in the first round

Anybody got info about Mutiara Emas Residensi near Kajang 2? 336k for 4 room, 3 bathroom 930sf serviced apartment. Developer is Top Home Builder. Selling like hotcakes. Now few units left. I'm on the verge of booking for 1 unit as my second home to stay. But worried if developer problematic. Any feedback?

930sf can 4r3b...jialat geng

Banks are lenient to stressed borrowers at the moment.

Yes, yes, yes

1M DSL will drop to rm500k

Landed or condo?

More than 100k

How u know selling like hotcakes? Seller told you or second sos? Almost every property agent I went to all say sell like hot cakes makes me think something fishy.

Many DSL at Damansara rented out below 2k now... Good deals for those renting... Can walk to 1u

If got, praying hard for the source.
I am still searching in klang valley.

If Kajang is hot satay... Cake not laku

Those DSL is rich uncles got holding power n a lot settle loan d,they don't mind rent cheap for extra income but not desperate to sell cheap. Not like those new condos flippers with 5 unit compressors at hand

This post has been edited by ahkit123: Jan 3 2021, 10:45 PM

Yeah... they will tell u it selling like hot cakes but keep calling you 24/7 to come view their units.

Went to the showroom today. Car park full until spill over to roadside. All bring spouse or parents. And want to book 90% already booked with loan successful. Based on what the seller showed the excel for units available la. Very close to new mrt kajang 2 station. And upcoming aeon mall, both within walking distance. My concern is mostly about the dev reputation. Scared lousy quality since i'd be paying almost 2k with maintenance. Current house 600sf only 250 with maintenance. But family got bigger so i need the extra room.

They got poster full with stickers to prove

Ah.... the usual sticker game. When you insist on on particular unit, sales agent will have to check back with his boss and they will call you back later saying unit has been "released" just for you.


Sounds familiar?

studio KL 150k got?

Also, looking for this 1 for long long time
🤭

See. Again with 90% booked. Its either 80% or 90% booked. Went to mall todei where there are some prop sales (apartments and service residentials) guys there so I test asking if same thing will be said. Guess what. Also 80% to 90% booked.

What I heard there are few scenario how they manage to get that many booking. Either developers sell to their close kin for cheap price to fill up the order, then resell or charge cheap booking fee that many with enough money will just willing to sign, which last I checked is only RM500. Or could just be BS.

Disclaimer, I'm a property noob so correct me. However after last experience with property sales guy that try to bait me into buying RM700k lot after I told him I'm saw ad for RM350k lot which he said sold out (then why the ad?) is really scummy.

Also doesn't seem property near MRT is as desirable as many thought.

This post has been edited by TrialGone: Jan 3 2021, 11:01 PM

Exactly. Also even scummier, when I hand over my phone number, get so many scam txt like wtf they did with my number? But my experience was the guy try to sell me a prop double what I was seeking cause the cheaper ones all sold out despite ad saying still available.

Marketing strategies... Also fully book n always got rejected loans

This post has been edited by ahkit123: Jan 3 2021, 11:05 PM