Everything is based on generalisation la, property downward trend means that properties in most areas prices are falling just the same like stocks market la, it's a bear cycle when most stock prices go down. There will NEVER be a scenario where ALL properties or stocks go down, even in the worse kinda market some stocks will still perform well or maintain their prices, just like properties.

If follow your definition, then there is no such thing as a downward trend for anything la.

Even now, some prime locations like BB, DAMANSARA already got property prices dropping la, maybe not as significant as other sub prime areas but even prime properties are dropping, so still wanna say no downward trend? The only difference is that PRIME areas drop slower and lesser, but it's still a drop even if drop only by 5%, it's still a drop. Let's not deny that.

Of course it's considered a drop, if not then you apply the same concept to everything lo, then everything in this world also no drop la like that.

You go to a shop eat fried noodles, yesterday they charge you 6.50, today it's RM6, you don't consider drop is it? Because 10 years ago it was only RM 3.

Follow that mindset then EVERYTHING in this world never drop always UUU lo.

You buy stock at RM 10 last year, this year become RM 9, but when the stock was first listed it was only RM 1. So, to you the stock drop or didn't drop?

Well, I'd say you can't follow US or UK simply because people's mentality are different, you must look at Asian countries for a better indicator or better still look at past trends in Malaysia itself. The last time there was a down trend in property prices was back in 2009 during the economy crisis. But this lasted only for 2 years then properties started shooting up.

This time around should be the same. The downtrend maxxxxx lah, until early 2020 but I predict by early or mid 2019 it should already end and go upwards. The downward price trend started somewhere end of last year.

Super bubble burst will not happen.

I predict max also market price drop by 40%...maybe 50% la.... But more likely most properties will just see 30% reduction in price.


Ready 500k++, I think end 2018 or next yr can get some smaller and older 3r2b condos for around there. Those below 1500sq feet la.

50k you rewind 20 yrs also can't get la. Wat tok Jew.

Now oledi banyak ppl sell 10% below market price la. They dun say less, they use the term rebate. So many 500k condo rebate 50k...summore can use the rebate for dp. End of day loan 450k only...means already happening la. But they dun make it obvious onli. Wait a while more 20%, 30% also will come la.

Yes, it's a trick/gimmick from a lot of property developer recently.

Sell prop for 500k with 50k rebate. Use rebate as deposit, submit to bank loan for 450k (90%) of selling price which is stated as 500k. But in the end, yes they getting 100% loan. 1 cent dp also din pay.

If not possible Jew think developer dare to do. They sure kaotim with the bank d la. Plus market price memang around there onli. So bank valuation sure lepas 1

Maybe also but then again some ppl can approve so I'm thinking more likely it's the dsr/income factor

Initial launching price higher than price after rebate that they offering recently. So for me I consider it as discount.

I didn't reli track la. Just the few that I saw before, the sales agent approach me early last year when launch, price was around 500k, no rebate, last month still not fully sold they still put same price but got rebate. Got another one, last year April 530k, now giving 50k rebate oso...

Unless jew remember reli hard to track, kenot belip what the agents say what. Haha

GG to your brother lo. Well, let's hope he can hold the property long enough until the market recovers.

Well I guess this is why banks tightening on property loans nowadays., probably they already anticipate this and trying to soften the impact when it happens. Like it or not, you can't sustain a bubble forever.

It will still drop due to domino effect. First, luxury prop drop then the price will be similar to some of those more expensive mid end properties, then this will cause mid end properties prices to drop and then it will trickle down to those peasant properties. Of course, peasant properties will be the last to drop.

Check d terms and conditions, some lelong units the previous outstanding maintenance fee will be absorbed by the bank.

This line should be your siggy man, coz its definitely the most repeated point by you.

Wave come also earliest will be after GE, more likely by next year coz it will take time for the prices to go up right after election. But I do agree it's already a good time to buy if you manage to get a good deal.

Potential buyers or agent, agent will always call and bs say got ready buyer etc, but once you agree to take them as your agent...wait long long la. They will give excuse the buyer already bought another prop but will get another buyer for you...then you slowly wait la for their so called buyer.

Wanna make a bet on this? Coz by 2020 confirm it's already upwards trend. Everytime there is a downward trend in property prices in Malaysia, it only lasts 2 to 3 years max. So bottom would come by next year or latest also 2019. Con9lan7firm won't be in 2020.

Still bottom will be by 2019, 2020 confirm up balik.

This is based on previous trend even during the bottom during AFC time the property prices started going back up after 2 years.

Mana ada stagnant for many years by 2000 it was already going back up...jliew168 already show you the stats

Yes it's already too late for those flippers who jumped during the bull run. Only those with high holding power can jump during the bull run and then have to hold for about a decade to reap the fruit.

That is the reason I'm telling you to buy before the next bull run which means buying by 2019 at the latest coz 2020 will be the new bull run, then you'd be stuck again like during 2011-2015 coz you missed the bottom.

The reality is that a lot of people not willing to buy at current prices as opposed to not being able to afford to buy. By the time property prices across goes down by 20% (bottom), people will start buying again.

As you said, by 2030 kangkong land will become an aging nation. There may be other investment opportunities but the older people would usually not take the risk and invest in the oldest most stanle form of investment which is property.

Um...in almost every investment, people always aim to buy as close as possible to the bottom. It makes no sense to buy during bull run when you can buy closer to the bottom at 20% cheaper and make extra profit.

Agreed on this, by 2020 will be another bull run. Super bull or not, that one I not sure, but im damn sure it will be another bull run by then.

I'm basing on trends from the past even putting aside the super bull run in 2011-2014, back during the AFC crisis also the property sector recovered after 2-3 years and prices start becoming bullish again.

Whether or not there is another us fed qe or not, the property market would recover in 2-3 years. The only difference is that if there is another us fed qe then it will be a super bull run. If not then no super bull but still the prices would start going up although not at such an alarming rate as before.

Younger people are the ones dependent on loans to buy houses not the pensioners. You are forgetting that in kv there are many pensioners who has enough money in their epf to buy properties without a loan. With how epf is managing their money and the current govt, these people are more likely to invest in more conventional investments such as properties.

Furthermore, the excess properties around are unsold due to their prices again not because people can't afford to buy the properties but rather people not willing to pay for the current prices. But say with a 20-30% drop, people would start buying. That drop would come by end 2019 at the latest.

True wut, lets say you can afford 300k prop but 300k can only get you a 500 sq ft condo or a flat. You may not be willing to pay that price for that kinda prop.

Now let's say some of the smaller 800-900 sq ft condo which are selling for 400k drops by 25% and becomes 300k, then the person who afford 300k prop will buy since it's worth the money.

Here's the thing, the inflation rate now is higher than before so even if property prices rises with the inflation rate it would still be quite significant. Do you really want to risk missing another bottom then whine when property prices are higher in the future?

I'm very practical one, back in 2013 when all the bbb uuu kept saying buy I already said that property market will go ddd in 2-3 yrs time.

Now still not bbb uuu time yet, wait next year or 2019.

If that's your definition of bottom then it will never happen unless there's an economy crisis.

Give me an example of this happening anywhere in the world without an economy crisis. I really don't know what you're basing on to expect such a bottom.

That's the right strategy and also what I am doing right now. The only thing is I set a 20% below market threshold. Whenever I see props selling below 20% market price or more that I can afford, I try to snap it up. Not much luck lately tho coz many big sharks also hunting for these dead chickens.

But that icemanfx fella expect prices to drop until blood is knee deep on the streets is something which will never happen, simply because it never happened anywhere without a financial crisis before.

Like I said before, aside from 2011 to 2014 property has had bull runs way before that even without us qe, it's just the rise in property prices was not as crazy as it was in 2011-2014.

The only difference right now is the over supply. But if you look at it, it's not like there's not enough people to consume the excess supply in kv, it's just that people can't afford or are not willing to pay at current price tags.

Look at pr1ma launches and how fast it gets taken up...even those 400k prima units which are in kv are taken up really fast. Now currently property in kv average is around 500k for a 1000+ sq feet 3r2b property (not landed), a 20% drop in price would bring a lot of property to pr1ma property prices. By then, people would start to buy the properties just like how people are Applying for pr1ma property. Needless to say by the time those properties drop to pr1ma prices, a lot of people who applied for prima but didnt qualify will just buy the other properties. Heck even those who already bought prima would regret by then.

You're looking at things too purely from a macro perspective, sometimes you need to look at it from a micro perspective as well.