Like i said, it doesnt matter. You would be naive to think it does. Property is simple, you dont have money, someone else WILL have the money to buy the property. By then like u said, if China floodgate it will be the PRC buying it. It doesnt matter.

Dapig semo memang tara otak
Every time spread lies
So this time gonna bankrupt again for non sense reason than last time. Ok.Jpg
By the time dapig already mention bankrupt for no. 75357426 times

yea someone else you, and like i said, doesn't matter, someone will have money, but definitely you won't. unless your income is sourced from outside Malaysia, you are affected if you rely on Malaysia market.

even if you have money, bad economy will make you reluctant to take a up big commitment.

sure, the kronnies and super rich will benefit by sweeping up these properties. WHICH I ALREADY WROTE DOWN?

and yes, property will drop, when majority can't afford to pay their loans, there will be a sudden surge in Supplies while Demands shrink. only when the super riches & foreigners start to buy up the properties may the price go back up.

but do you have so many super riches & foreigners. you know how many properties KL alone has? those that already nearly finish or completed their loans might be safe but i can assure you those that just purchased their homes within 20 years aren't.

you make it sound like Oh too many house default & lelong don't worry people with cash like those PRC already waiting in line to purchase.

so naive.

hi, i don't really follow the news.

my finding just based on what i see in real life. not on internet nor newspaper. you might be the kind of people that only goes to Sunway Pyramid, 1U or Midvalley so you might not understand, go to other areas, see how cham biz is.

majority small local biz in Malaysia will die off by 2020. you may say new form of biz will come up, sure, but won't be owned by foreigners majority coz locals lack the tech.

These are all the lies dapig love to recycle every year, it is getting very bored, and all these lies always effective against millennials, they are all so very naive kekekek

ok bro, i'm not sure if you are being truthful or just sarcastic but i'll just leave it here.

In the eye of dapig
Local business never good since 1990 until today
Foreign business always good since 1990
Their lies never change why millennials always belip on them it is something Ayam can never brain may be they are too used to being spoon feed

The bubble burst 2 years ago after the revised lending guidelines. Products not driven by market demand has seen a fall in prices. Smarter developers have pivoted to the affordable sector which is more inline with market demand.

It is going to stay soft for a year or two and then the market will pick up again in terms of volume for the affordable sector.

Traditionally, property price would only dropped from auction.

Drastic kv property rise in 2011 to 2014 was a fallout from u.s fed qe. Hence, price stopped rising with u.s qe.

In 1997 and 2007, there wasn't property over supply like currently or in next few years. There are quite a few properties e.g in cyberjaya been auctioned below launch price recently. With more properties VP, bank interest rate on rising trend and tightening of liquidity, property price drop from auction is almost inevitable.

Unlike other investment, most bought property with borrowing i.e incurring interest every month. If price remain stagnant would mean losing out on interest.

Most Chinese invested in the last few years losses in forex rate. With tightening capital control in China, few chinese investors would consider.

now, property price will drop from the supply of affordable housings.

just imagine, sub 300k properties build near to apartments (bought at 500k and above) that just got launched or vped

This post has been edited by kurtkob78: Jul 17 2017, 11:24 AM

Yeah.. I know.. they just come and sweep the good units already..

I saw many so-so fellas doing rental houses using personal bank loans and hoping ppl to rent their units.. they are gonna get screwed real bad.. lol

problem is these affordable houses are so bad in design & cramp for high rise, built quality will be a big question, and let's not talk about resident density. you really need to see urself to believe.

for landed, it will be very far far away, sharing the whole taman with 2999 other houses.

Those could afford to buy cash would probably buy in London, Sydney, Melbourne and Singapore. Most flippers are wannabe.

Only those over stretched will be in financial trouble, ended up in foreclosure and caused price to drop.

In everything in life you have the trend setters and the herd who follows a trend after it has boomed. The rich mostly started the trend then those so so people with their herd mentality followed and overstretched their loans to invest in property during peak pricing. The herd usually outnumber the trend setters. Hence, this is what will cause property prices to drop.

You should never aim to buy from the rich, but buy from those who are poor and desperate for money. The rich dont mind holding 10years or more to get the price that they want, but the overstretched herd can't afford to do that. With the increasing number of properties being auctioned lately, it just shows that quite a number of these unoccupied unrented units are held by the herd as opposed to rich people.

Btw, those truly rich people got so many better options to invest their money aside from property la. The whole idea that majority of unoccupied properties are being held by the rich is pretty baseless actually.

i won't say jsut those overstretched.

if you have a loan to pay, and rely on your monthly salary to pay, you are in trouble.

the moment you lose your job, as companies close down, where you gonna find money to service the loans? how many months can you last?

remember this time it's not just temporary economy crisis, because the problem is Malaysia itself, not foreign issues, so the crisis is real, how long would it take for you to find a job, which probably much lower paid due to oversupply of workforce?

you can choose to make a shot at foreign countries, if you have the job skill & willing to sacrifice. but that'd be like 10% of the population? the 90% are left to suffer with their loans.

so no doubt, properties will either get lowballed or lelong by banks. will happen around 2020 and will never recover.

it's not the properties they hold that has value, it's the land they sit on.

Still rich people got so much more investment options with higher roi than buying land.

if ROI is what you want go invest in JPPTR.

you are leaving risk out of your equation.

Property investment is generally slow but lower risk, as long you have holding power. everyone knows cost of building houses will just go up, so will the price.

Only time it goes down is when people no choice have to sell at lost, in which this benefit the riches even more.

notice most big companies play Property investments? of course, they don't just buy house, they buy buildings & hotels.

Welcome to the real world. Have you lived in a 700 Sqft hdb in Singapore? Or looked at the density in cities like Hong Kong? We are living like kings compared to them.

We are heading there. Is the price you pay for development. If you want 1 acre landed house with durian tree, you can find that for 100k in Kelantan. Building upwards is the only way forward, high density plus mass transport link is the prudent way of city planning.

actually, wot i'm sayin is developers moving into affordable market but giving you craps, but many buyers are buying.

i mean there are alot more better options out there, sure they will not be brand new, you might not get 95% loan, but hey you get bigger place, better built, at lower or same cost.

i mean paying rm480k for a 700sqft 3 room unit, that has 50 levels? that is crazy. such buildings should just be boycott & leave the developer to rot. taking about the one in Bandar Tun Razak. it's 70% booked though.