hmm TS what is this thread for? tl;dr
this is about property bubble? it burst around 2017-2018, recovered a bit during 2019 but came crashing down in 2020, 2021 and 2022. now recover but really slow like 2% capital gains. rental is at an all time low. hard to find renters.

eg. i got a service apartment in pucheong, that one cant find any tenants since VP. too much supply, no demand, and renters lowball rent. fully furnished, with carpark, aircon, etc. asking price is RM1000-1100 per month, 1200+ sqft. i rather keep it empty to bring chicks home for 1nightstands.

i did a rant post recently of my stay in house taman, so many unsold units and developer goreng price till -17-19% discount. then BuyNowPayLater schemes by developer made it even worst, buyers with shit pay like RM3000 celery buying RM500k homes after discount. now they cant pay the bank back, and bank lelong prices -40% original value.



This post has been edited by iEatCuteDogs: Mar 13 2023, 03:49 PM