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 Multiple Signs of Malaysia Property Bubble V20

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SUSLiamness
post Jan 18 2021, 05:39 PM

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got people still think malaysian property in a bubble? hahaha..

We gone through pandemic, gone through stock market crash, gone through bitcoin crash,


2021 liao and property market still as stable as it has ever been.. Infact, prices have gone up. LOL.
Jliew168
post Jan 18 2021, 08:59 PM

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QUOTE(bearbearwong @ Jan 18 2021, 05:37 PM)
if got good unit do tell, my client still can sapu cash kasi... bruce.gif
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I tell after I bought lol

Many people can sapu cash but not many people dare to enter market
Usually talk number 1 la
Hahaha

TSicemanfx
post Jan 18 2021, 09:38 PM

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QUOTE(Jliew168 @ Jan 18 2021, 08:59 PM)
I tell after I bought lol

Many people can sapu cash but not many people dare to enter market
Usually talk number 1 la
Hahaha
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Real deal will available a few months after the end of loan moratorium.
Jliew168
post Jan 18 2021, 09:50 PM

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QUOTE(icemanfx @ Jan 18 2021, 09:38 PM)
Real deal will available a few months after the end of loan moratorium.
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Finally I can see u buy something this year
If icy also buy this year confirm bbbb
TSicemanfx
post Jan 18 2021, 10:58 PM

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QUOTE(Jliew168 @ Jan 18 2021, 09:50 PM)
Finally I can see u buy something this year
If icy also buy this year confirm bbbb
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Buy when blood is knee deep on the floor.
lopo90
post Jan 18 2021, 11:06 PM

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QUOTE(ahkit123 @ Jan 3 2021, 10:09 PM)
Wow, drop 100k
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I think it's common. My bro condo at JB also dropped more than 100k in value.

Now just hold until things bounces back
Solar Calendar
post Jan 18 2021, 11:11 PM

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QUOTE(HereToLearn @ Jan 3 2021, 10:06 PM)
My father unit in ara damansara depreciated 6 digits rclxub.gif, luckily his loan amount was not big, yield wise still +ve, but it is a joke investment.
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wah, ara damansara not located in prime area plus LRT meh?
jayraptor
post Jan 18 2021, 11:12 PM

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QUOTE(limfreelance @ Dec 23 2016, 04:35 PM)
im tired of hearing buble buble bubble.
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Remind me of Taito's bubble bubble.

Property developers & REIT should all reduce premise rental and house prices according to actual market value.
jayraptor
post Jan 18 2021, 11:14 PM

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QUOTE(Liamness @ Jan 18 2021, 05:39 PM)
got people still think malaysian property in a bubble? hahaha..

We gone through pandemic, gone through stock market crash, gone through bitcoin crash,
2021 liao and property market still as stable as it has ever been.. Infact, prices have gone up. LOL.
*
They are just meddling with prices way above market value, willing to leave the many unsold homes collecting dust rather that follow actual value twice cheaper. Only Dato' Tilam can teach these bastard overgreed developers up by slapping their charsiew kids, next time slap their fathers. Property developers are 1 of main cause of killing local economy and main cause of many unmarried men that can't buy house to raise family so women increased their requirements on guy's income level.

This post has been edited by jayraptor: Jan 18 2021, 11:17 PM
HereToLearn
post Jan 18 2021, 11:31 PM

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QUOTE(Solar Calendar @ Jan 18 2021, 11:11 PM)
wah, ara damansara not located in prime area plus LRT meh?
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Yes with LRT connected to the apartment, still fcked up.

My dad wasnt wise enough. Too gullible back then and bought into a GRR unit..
HereToLearn
post Jan 18 2021, 11:33 PM

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QUOTE(Liamness @ Jan 18 2021, 05:39 PM)
got people still think malaysian property in a bubble? hahaha..

We gone through pandemic, gone through stock market crash, gone through bitcoin crash,
2021 liao and property market still as stable as it has ever been.. Infact, prices have gone up. LOL.
*
It is deflating. Price has been dropping since 2013. Expecting it to continue to deflate for few years until property developers stop developing. There are really too many units and too little demand
SUSLiamness
post Jan 19 2021, 12:39 AM

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QUOTE(HereToLearn @ Jan 18 2021, 11:33 PM)
It is deflating. Price has been dropping since 2013. Expecting it to continue to deflate for few years until property developers stop developing. There are really too many units and too little demand
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show me where in Klang Valley, Penang Island or any areas in hot demand that property prices are deflating??



HereToLearn
post Jan 19 2021, 08:56 AM

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QUOTE(Liamness @ Jan 19 2021, 12:39 AM)
show me where in Klang Valley, Penang Island or any areas in hot demand that property prices are deflating??
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Define hot demand.

Normal demand and supply - plenty, but maybe your area is really hot demand until you cant see any
SUSLiamness
post Jan 19 2021, 10:09 AM

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QUOTE(HereToLearn @ Jan 19 2021, 08:56 AM)
Define hot demand.

Normal demand and supply - plenty, but maybe your area is really hot demand until you cant see any
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hot demand = sold within a month of listing.

I live in taman desa, and property overhang in this area is close to zero. Especially landed prop.
HereToLearn
post Jan 19 2021, 12:05 PM

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QUOTE(Liamness @ Jan 19 2021, 10:09 AM)
hot demand = sold within a month of listing.

I live in taman desa, and property overhang in this area is close to zero. Especially landed prop.
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Maybe you are right with landed. Because the overhand issues are all high rises. High rises prices have been deflating since 2013.

Not sure about landed, because I do not keep track of landed prices
AhBoy~~
post Jan 19 2021, 05:02 PM

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QUOTE(Liamness @ Jan 19 2021, 10:09 AM)
hot demand = sold within a month of listing.

I live in taman desa, and property overhang in this area is close to zero. Especially landed prop.
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come on man... when was the last landed project in Taman desa completed? doh.gif

This post has been edited by AhBoy~~: Jan 19 2021, 05:02 PM
Pikichu
post Jan 19 2021, 05:04 PM

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Still shouting bubble biggrin.gif LOL
TSicemanfx
post Jan 25 2021, 10:35 AM

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Malaysia is not exempted from these growing trends. Up to last year, more than seven per cent of Malaysia's population were 65 and above, making the country an "ageing nation".

At the current trajectory, those 65 and above are projected to double to 14 per cent by 2044 (aged nation) and to 20 per cent b y 2056, thus classifying Malaysia as a "super-aged" nation. At this rate, Malaysia will transform from an ageing nation to an aged nation in just under 25 years.

https://www.nst.com.my/opinion/columnists/2...what-we-need-do
TSicemanfx
post Jan 27 2021, 09:36 PM

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QUOTE(AskarPerang @ Jan 26 2021, 11:15 PM)
No bidder this unit. Drop below 400k now. Wow.
Should be the cheapest ever lelong unit for 1442sqft size.
Coming at the right timing. Maybe if lucky can really grab at reserve price win without challenged.
1-42-01, 42nd Floor, Block 1, Verdi Residence
Reserve price 🔥🔥RM 385,000🔥🔥
Freehold
1442sqft (dual key possible), 2 car park slot
Corner lot
Auction:   09-Feb-2021 (Tue)
*BUMI lot

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

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QUOTE(torres09 @ Jan 27 2021, 02:25 PM)
Wow. 385k. Even after lelong owner will need to top up the balance to bank, right?
I still remember 6 or 7 years back, 1442sqft was selling at almost 900k.
Owners must be bleeding
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QUOTE(AskarPerang @ Jan 27 2021, 07:55 PM)
Another lelong unit check in.
This time from Tower 4.
Seems like a cheap price?
T4-05-08, Lakefront Residence
Reserve price🔥🔥RM 330,000🔥🔥
Freehold
950sqft
2 car park
Auction date: 20-Feb-2021 (Sat)
*Malay owner
» Click to show Spoiler - click again to hide... «

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This post has been edited by icemanfx: Jan 27 2021, 09:45 PM
TSicemanfx
post Feb 2 2021, 08:52 PM

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QUOTE(AskarPerang @ Feb 2 2021, 08:13 PM)
Another lelong unit check in at below 400k.
Never ending.
A-03-07, Block Amethyst, Jalan CSR 1, Cristal Serin Residence
Reserve price: 🔥🔥RM 396,900🔥🔥
Freehold
1521 sqft
Auction : 22-Feb-2021 (Mon)
*Non bumi lot
*Strata Title of the property has been issued and the Developer is not agreeable to a direct transfer to the successful bidder.

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

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