When luxury property price dropped near peasants property price, peasants property price will be dropped but at lower rate/amount.

how do you classify soho, xoho, studio size? luxury or peasant?

If unker need not make money, they would prefer to spend time at kopitium instead of working.
Singapore home prices fell in the quarter ended June, extending the drop in property values to a record 15th quarter as most measures to cool the market remain in place despite a slight easing in March.

https://www.bloomberg.com/news/articles/201...h-curbs-to-stay

As seen in singapore, property price drop won't have adverse effect on aggregate economy.

Property is illiquid, unlike commodities or stocks, price takes years to bottom.

i understand your point bro... but this thread is talking mostly about investors point of view.... for own stayers... whatever happen to the property market now... your house wont get rampas away anyway.... it will only impact those who owned few properties for appreciation and rental...

and yea.... developers still very bullish about cyberjaya.... its not bad for own stay.... for investment or rental play.... just too much.... and some ppl just like to use those old, nearer to Cyber city center properties to compare against the potential appreciation of the new ones....   

When ifrs 9 kicked in on 1st january 2018, banks will unlikely to offer 90% margin of finance, play along with developer on cash back/rebate, interest rate is likely to rise and foreclosure process could be expedite.

According to statistics from the Employee Provident Fund (EPF) shows that 92 percent of the people who contributed regularly to their EPF retirement fund are earning less than US$1,500 or RM6,000 a month.

Those bought over priced property to flip are in for a long haul.

Property is illiquid, price takes years to bottom and currently is only the beginning.
A few years ago, no uuu/bbb would expect this from developer.

Most bought property with loan, incurring bank interest daily. Price remain stagnant mean losing on bank interest incurred.

Foreclosure in this country could take up to 2 years from npl, price drop is a lot slower than in the u.s. or h.k.

Tons of online gurus will advise you to buy prop as much as possible to hedge against shit...lolx

I been seeing this thread pop up every now and then since I joined lowyat but still havent burst

Wait til extended loan moratorium end.

With 580 sick projects against 2,552 launched projects, it also indicated that nearly 23% of house buyers’ fates were determined by those errant developers

According to the government’s statistics, as of March 31, 2022, the number of “sick” private housing projects rose to 580, comprising 102,132 units, which affected a total of 51,000 house buyers compared to 365 sick projects comprising 48,826 units affecting a total of 26,145 buyers in March 31, 2020 (Table 1). This represents a 58.9% increase in the number of ailing projects and a 95% rise among affected buyers within the two years.

A “sick housing project” is defined by the Housing and Local Government Ministry (KPKT)’s portal as one that has been delayed by more than 30% compared to its scheduled progress or one whose sale and purchase agreement (SPA) has lapsed.

https://www.edgeprop.my/content/1902793/ris...ds-housing-woes