Auctioned properties
http://www.auction2222.com/

Waiting for mega sales in 2018

SS2 Mall "closed for redevelopment"? Well ... if that's what they call "mall closed for business", then yes.
But redevelopment would include a schedule, and I haven't seen one there about
- when development is due to start
- when it will finish
- when the mall will reopen.

Even the Atria opened late ...

Futures and forwards both allow people to buy or sell an asset at a specific time at a given price, but forward contracts are not standardized or traded on an exchange. They are private agreements with terms that may vary from contract to contract.

Also, settlement occurs at the end of a forward contract.

The parties to a forward contract tend to bear more credit risk than the parties to futures contracts because there is no clearinghouse involved that guarantees performance. Thus, there is always a chance that a party to a forward contract will default, and the harmed party's only recourse may be to sue. As a result, forward-contract prices often include premiums for the added credit risk.

http://www.investopedia.com/terms/f/forwardcontract.asp

Buying new launch is not dissimilar from forward contract. Many people deem forward contract on commodity, stocks, currency, etc risky. Property price movement depending on aggregate economy, liquidity (bank lending), market sentiments, inflation rate, bank interest rate, etc. Forward contract on commodity, stocks, currency is generally shorter and more liquidity than property new launch.

Wow lots of hi-end units but there were some within the affordable range also. Quite surprised to see Riana in the mix too.

M square Puchong havent open already auctioned.. wah....

how can this be. developer ask auctioneer to auction their units?

my bad... i think just opened, only the Centro by Parkson not open yet

Probably buyer didn't pay loan interest.

Means price dropped 30k?

Wow!

Prices can only drop, especially for properties with extremely low rental yield.

THE residential market in Greater KL is expected to remain the same for the next six months to one year, with few changes in transacted prices.

“Things will be more of the same. Prices may not decline drastically but there will be little growth in the residential market, primarily in prime KL areas,” says Jeffri Rahim, Savills Malaysia vice-president, agency/project marketing, in his presentation of The Edge/Savills Klang Valley Residential Monitor 3Q2016.









http://www.theedgeproperty.com.my/content/...-move-much-year

This post has been edited by icemanfx: Feb 15 2017, 05:45 PM

Still 3q data. Old stats. Boring

Bangsar park 13% price drop? Wow.

You expect 4q data to be much difference?

i dont think the rental can cover the property price now..
you have to chip in to sustain it..

Most old developments.. price already near peak

No diff. Economy is not doing good. More retrenchment. Higher cost of living due to the ever incrwaaing petrol price.