QUOTE(Drian @ Sep 12 2022, 03:38 PM)
One in particular, still continuing to hold onMultiple Signs of Malaysia Property Bubble V20
Multiple Signs of Malaysia Property Bubble V20
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Oct 2 2022, 10:34 AM
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#3981
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Senior Member
4,998 posts Joined: Dec 2010 |
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Oct 2 2022, 10:35 AM
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All Stars
21,457 posts Joined: Jul 2012 |
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Oct 2 2022, 10:37 AM
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All Stars
21,457 posts Joined: Jul 2012 |
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Oct 2 2022, 11:18 AM
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#3984
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720 posts Joined: Oct 2008 |
i see almost all auction property. auction price sure cheaper 150k from bank value. how accurate is the bank value? can the evaluation trustable and every bank also evaluated the same amout?
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Oct 2 2022, 11:20 AM
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#3985
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1,021 posts Joined: Dec 2008 |
bubble burst yet?
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Oct 2 2022, 11:21 AM
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#3986
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1,021 posts Joined: Dec 2008 |
QUOTE(blek @ Oct 2 2022, 11:18 AM) i see almost all auction property. auction price sure cheaper 150k from bank value. how accurate is the bank value? can the evaluation trustable and every bank also evaluated the same amout? auction property is because a lot of compress loan, then people run away with cashout.you should blame developers for starting the trend “cash out” in the first place, people do compress loan for the sake of it. then can’t afford smallcrab liked this post
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Oct 2 2022, 11:24 AM
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Junior Member
143 posts Joined: Apr 2011 |
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Oct 2 2022, 11:27 AM
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#3988
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603 posts Joined: Sep 2017 |
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Oct 2 2022, 11:29 AM
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#3989
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3,502 posts Joined: Dec 2007 |
QUOTE(bee88 @ Oct 2 2022, 10:33 AM) Most of asia managed to cool down their property market without big crashes. The prices will just stagnate without any big stimulus going forward.Cause unlike US we dont have many creative and innovative financial product that lets you speculate with spectacular leverage. The most we have in Malaysia is compress loan, and that is already slowly dissipating by recent fire sales. Good property will still increase in prices due to location supply constraint. But quantum of increase might not be as high as previous. |
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Oct 2 2022, 11:29 AM
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Junior Member
79 posts Joined: Sep 2021 |
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Oct 2 2022, 11:30 AM
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#3991
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Junior Member
436 posts Joined: Dec 2021 |
I noticed recently landed in hot areas like Damansara Kim or Jaya dropping to below 900k if facing t junction. Last time these units can fetch 1.1m.
Looks like property agents are soon running out of rich Malaysians to sell to |
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Oct 2 2022, 11:36 AM
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#3992
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603 posts Joined: Sep 2017 |
QUOTE(commonsense @ Oct 2 2022, 11:29 AM) Well technically for past 3 years since pandemic my neighbour already reduced total of rm30k.Agent thinks the prop still overvalued lol. This post has been edited by TrialGone: Oct 2 2022, 11:37 AM |
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Oct 2 2022, 11:37 AM
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Junior Member
79 posts Joined: Sep 2021 |
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Oct 2 2022, 11:37 AM
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#3994
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603 posts Joined: Sep 2017 |
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Oct 2 2022, 11:40 AM
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Junior Member
79 posts Joined: Sep 2021 |
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Oct 2 2022, 11:43 AM
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Senior Member
4,082 posts Joined: Apr 2006 |
I've noticed that Mont Kiara prices are also dropping over the last few years. Worth getting for investment?
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Oct 2 2022, 11:43 AM
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#3997
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Junior Member
603 posts Joined: Sep 2017 |
QUOTE(commonsense @ Oct 2 2022, 11:40 AM) For whatever reason u sure interested in what I have said. Why? U trying to sell urs? Don't worry about my "ex neighbour" and I'm not that nosey. If u wonder how I know, I do chat with the agent. |
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Oct 2 2022, 11:46 AM
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#3998
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Junior Member
255 posts Joined: Apr 2012 From: North Peninsular MY |
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Oct 2 2022, 11:49 AM
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#3999
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79 posts Joined: Sep 2021 |
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Oct 2 2022, 11:50 AM
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#4000
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720 posts Joined: Oct 2008 |
QUOTE(Bendan520 @ Oct 2 2022, 11:21 AM) auction property is because a lot of compress loan, then people run away with cashout. those sohai compress loaner or bank die i dont care lar.you should blame developers for starting the trend “cash out” in the first place, people do compress loan for the sake of it. then can’t afford my concern is does those ban value price trustable? any legit department to justify the amout of bank value is correct? for example Auction price : 350k Bank value : 500k then bank suka suka raise the bank value Bank value : 700k Auction price : 550k This post has been edited by blek: Oct 2 2022, 11:52 AM |
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