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 Multiple Signs of Malaysia Property Bubble V20

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Thasmita
post Jan 18 2022, 10:30 AM

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Joined: May 2019
QUOTE(ericangtzeann @ Jan 15 2022, 04:46 PM)
Wake me up when I can buy ttdi landed at 500k 🤭 oh wait bubble doesn't exist in prime areas
*
Bubble may not exist in prime areas but you maybe lucky enough to bump into a desperate seller.

Bought a unit in bukit Ceylon - 1335 sq feet at rm 240k in 1999. Condition was cash purchase. MV then was rm 600k or that’s what the stamping office charged the stamp duty value as. Owner was disposing of close to 14 units at one go- financial crisis - heavy losses from margin calls. Sold of in 2004 at rm 600k.

Same year my cousin landed a double storey in Terasek. 24x 110. Rm 270k. Desperate seller wanted cash.



 

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