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 Multiple Signs of Malaysia Property Bubble V20

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squarepilot
post Jan 11 2020, 12:01 PM

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QUOTE(destiny6 @ Jan 11 2020, 11:58 AM)
Why u so interested buying a studio....hmm.gif
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nowadays many couple choose to marry/stay in without wanting to have chilren.

therefore studio unit is sufficient
squarepilot
post Apr 14 2020, 02:42 PM

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QUOTE(jason83 @ Jan 29 2020, 06:55 PM)
I think the market is gonna get worse this year. I have many friends who not only have difficulties selling their units, rent also cannot. Especially those which are above 400k.
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nobody will be in the right mind (for a M40 family) to rent above 2k (empty unit) or 2.5k (fully furnished unit)

It's either the landlord drop the rental and suck up the balance for repayment, or they sell it to another buyer at a loss

However i see is that as price of building material and labor are getting so expensive, the low price for property will not stay long

my estimate is drop another 10-15% from current value (which already drop 15-20% from peak), then it will continue to goes up (low interest rate and inflation plays a factor too)

I will foresee the government will lower OPR and create higher inflation to support export industry and also to increase country cash-flow

you have to take in consideration of those hundreds of thousands of graduates migrating to KV/PG/JB for work annually. they will need somewhere to stay

This post has been edited by squarepilot: Apr 14 2020, 02:42 PM
squarepilot
post Apr 14 2020, 03:05 PM

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QUOTE(jason83 @ Apr 14 2020, 03:00 PM)
Hmmm but if it goes up, salary doesn't, it can't continue going up right?
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It will in my opinion, when ringgit goes down, export industries will reap more revenue in terms of MYR

then will be followed by government civil servant, im sure the current PM will try to keep them happy

worse impact will be seen by local SME owner and employee, they will be stuck nowhere currently. eventually their revenue will increase because all will increase their sales/service price due to inflation. just waiting the banks to increase their lending ratio. with government policy of printing more money in money, banks will definitely lend more

This post has been edited by squarepilot: Apr 14 2020, 03:08 PM

 

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