v20 and the price still havent drop...

everyone needs a roof. they can't afford, they rent for life. value still there, just more for rental than sales. the demand will keep increasing, even if locals don't rent, foreigners will, as the country bring in more foreigners, they will replace the poor locals moving to Pr1ma and rent the units these folks left.

houses aren't being built as fast as people moving into the big cities. there will still be shortage of houses.

and what you are encouraging here is take bigger risk for better returns than working a full time job.

i mean if it does u well, good on you, i would not advise people with little knowledge on investment to participate. even mutual funds aren't guaranteed. but sure if it works for you good on you. i would put some disclaimer about the cons & risks too if i were a responsible poster.

unless ur an agent.

1.The slowdown of foreign workers just temporary, wait until the heat cool off. it's a minister's cash cow, no way they will let the milk stop flowing.
generally you see more blue collars, which will fill in the void for the low end properties as local hardcore poor move into Pr1ma and other cheaper housing. they won't buy, but they will rent, so the value will still be relevant, as for low end properties people aim for rental gains rather than sales.

locals that aren't bottom 10% will still look for decent properties, and since land is limited, so are their choices even if new properties are being built, still cannot cope with influx of folks moving from other states.

2.Most are, look at CNY & Hari Raya, many folks no longer balik kampung coz whole family including young & old already moved to KL. as small town jobs getting lesser, you expect more people moving into bigger cities. even Penang has lost lots of job opportunities and many are moving to KL. and don't forget, Sabah & Sarawak, many younger people are moving here too. just my place there's quite a few Q plated cars. don't think they plan to move back, due to the place being underdeveloped, and the recent political tension between Indonesia/Phillipines, and also China military vessels. if war were to break out, Sabah & Sarawak will be the main battlefield. so yes, more people will move to bigger cities, and i mean KL or JB.

older people with family may stay in Seremban work in KL, but younger ones won't.

3.Mostly tech companies in big cities are affected, this in turn snowball down to downstream, many operates in smaller town. with operation cost rise with inflation/removed subsidies/increased minimum wage/increased material cost, many business are facing hard times right now, and with smaller town companies, their market is smaller, as such they won't be able to hold too long. manufacturing requires close to port & to clients, if you are in rural place where transportation is a problem, even with cheap operation cost no one will move there, unless China builds a highspeed rail connecting these places. Plantation, maybe, who's willing to work there if not foreigners?

4.Hardcore poor can't afford anything. They #RentForLife.

will not drop. price increment will slow down, but since when you actually see something in Malaysia drop price?

Petrol got drop?

Rice got drop?

In the long term, kv property price increase at about inflation rate. However, drastic property price from in 2011 to 2014 was largely speculative. As income didn't rise inline or faster than home price, it is unsustainable. Property price drop from foreclosure sale.

Now so many project from government 200-300k ..
even developer launch project alot below 500k already..
whoever bought prop to flip during property rush 2013-2017 need to keep their property for long time.. by the time wanna sell also OLD already as developer keep on building new condo ..

those bought before property rush already make money. those trapped good luck ..

i'm sorry, salary increment barely caught up with inflation, so in no way salary could catch up with property price increment even under non-speculative environment.

i already said many times, ask urself where ur annual increment come from? from the sky? No. from consumers a.k.a ur own pocket.

you get rm100 increment, but you never realize next year you have to spend rm150 more on your living cost because business will need to increase their price to cover your increased wage, and they will always put a margin to cushion their risk, so end up price increase more than ur salary.

this is how capitalize works. rich gets richer, poor gets poorer. sure there will be rare cases that people rose to success from nothing, but it's like Winning Toto. chances of hitting the jackpot are low.

Property price will never fall. Time to wake up.

The longer the wait the more u end up paying and less quality house you get. which means all these years of hard work meant nothing.

hows the quality of these "Low Cost" units? i'm sure to lower the profit margin they have to try really hard to cut cost.

there will be 1st batch of people not realizing this, it will take few years before major problems on these cheap units start to show, by that time, people would realize the mistake they made by choosing cheaper option.

Last weekend i pay a visit to 2 well known project in Bangi and Kajang
Both already completed but the sales rate booommm!! Less than 50%
Even worse for the bangi project.. can see in the chart less than 10 unit got buyer

can share which bangi project?

Near to ukm ktm

will not drop. price increment will slow down, but since when you actually see something in Malaysia drop price?

Petrol got drop?

Rice got drop?

According to Prestige Realty Sdn Bhd sales and leasing manager Chris Lee (who closed the deal) the seller who was moving to another area sold the semi-dee at RM2.4 million, lower than his initial asking price of RM2.8 million.

The previous owner had bought the semi-dee for about RM2.2 million seven years ago.

http://www.theedgeproperty.com.my/content/...ampang-selangor

The appreciation is less than 2% p.a compounded, less than bank fd rate. it seems landed property may not be a hedge to inflation.

what bank lelong website(s) available?