KK house prices is just ridiculous. The market easily manipulated by developers there because not much competition.

Actually if you don’t mind old housing areas, quite a few places not far from kl can get those prices. Just minus off those hipster and Chinese majority areas can d. Some parts of puchong, cheras even PJ can get, Example pj taman medan and surrounding areas, cheras prima.

Been saying this since 2016. Lol

I mean I’ve been saying since 2016 in this thread that prop prices will go down and only recover after 2020. I’m not saying bubble won’t burst.

Btw, you’ve been repeating the same script “Property is illiquid, price takes years to bottom” for how many years already. Change it a bit la at least

Are you having trouble to service the loan? If not why sell during downtrend? Just hold la. Sell after 2020. Landed prop even old already it’s very easy for you to maintain and/or refurbish, if old apartment or condo then different story.

House so should be landed

Memang not fake and I agree with the statement, just that seen it for so many years you repeat exact same thing. Change the words a bit to make it sound fresh/new. Haha

The thing is, can you sell at market price right now? If can and no loss go ahead. If you need to sell at a loss then better hold unless you overstretched.

Yeah, a lot of these cheaply built but promoted and sold as mid end to luxury condos will be the first to drop nao. Popcorn ready to see overstretched buyer 14th floor

So, now with so many deals around did you scoop up any units? Sometimes I wonder why you keep monitoring the price since you dun buy also. I know some of us who been saying DDD for years is actually waiting to scoop up cheap prop when it happens. But what’s your game plan?

Cyber can buy now if you got holding power. Too much oversupply of condos there already. Wondering if the studio at mutiara will keep dropping til below 150k. If it does can sapu that one 😛

Mah sing’s higher end developments usually not up to par, I think they are better on building mid and lower cost props. Their “luxury” condos memang not as nice or as good as other developers.

Also because they got conned back in 2013-2015 during the peak of the bull run by those property gurus seminars asking them to BBB UUU on luxury condos. I know many friends who even join names to get those luxury condos hoping to profit by the time the development is completed due to being influenced by those gurus and end up now all also dying to pay the installments since can’t sell at the price they want and can’t get high enough rental rates.

Depends on your definition of burst, for some ppl, prices don’t drop to below pre 2009 prices then not considered as burst.


Doubt will be that long, still sticking to my prediction that downtrend until 2020-2021 then slow reversal

Did he already sell his prop or his so called 100k gains is just Imaginary based on “market price” quoted by agent?

If prices drops low enough sure won’t take long to consume the existing supply.

Yes it’s unrealistic to expect drop to pre 2009 but quite a few people are expecting that still, being unrealistic. Haha

800k++ condo going for below 600k. Who got the cash can go sapu


Villa Pantai Condominium
Property Address: Kondo Villa Pantai, No. 1, Jalan Pantai Murni 8, Pantai Dalam, 59200, Kuala Lumpur
Built Up: 1646 Sq Ft (Approx. RM 344.47 psf)
Auction Price: RM 567,000.00
Auction Date: 14-Jul-2018 (Saturday)
Tenure: Freehold
Restriction: Bumi Lot

In case you guys dunno where this is...if not mistaken now they rename it to saville condo

This one 1600+ sq feet reserve 630k only? I thought the prop was around 900k for that size. I put 800k as price coz it’s bumi lot. Haha

Eh, really ? I saw 567k on prop guru leh posted today. Agent salah post?

Auction unit wo, unless you got 799k cash you surely don’t wanna risk losing your DP if you cannot get loan disbursed in 3 months. Props above 500k loan disbursement will take longer than below 500k usually. Very risky.

If only this was 2 months earlier...damn la. Already bought another unit in nearby area and out of funds now 😭

Depends on how many units on lelong for that particular development. Most of the time it won’t impact much because you don’t get that many lelong units for the same development. I love buying these type of units coz the market price usually still maintains.

Of course there are exceptions when a development got too many lelong units like M city *cough**cough* too many lelong units confirm market price will come down.

You been lied to, where got so fast. Minimum also 3 months, that also not immediately after 3 months they auction your house, just blacklist you and keep chasing you to pay then issue auction notice etc.

There’s also no such thing as “rampas” your house. You think like tow truck can kena tow ah? They will just issue notice of auction and ask you to vacate the property but if no on e buys from auction, you can still stay there, bank won’t chase you out also.

This is quite common, when price drop a lot, many bidders end up being sold higher than previous reserve price. People tend to get over excited and competitive when there are many bidders.

For condos got a few 30% discounts flying around d right now.

Landed I think your estimate is sound but high rise, I predict by the time we reach the bottom of this downtrend we’ll see around 30-50% drop.

Low cost is selling like hot cakes now and prices hardly drop from 2 years ago. Those below 200k props price remains stagnant and didn’t drop.