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 Downturn, ended or started?, violated topic?(Pls move it to kopitiam)

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AskarPerang
post May 3 2017, 10:23 AM

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Supply VS Demand. Will follow the country economy or stock market. I do not have database figure. Today is rental market. If you are scouting for a place to rent now, you will have plenty of choice to choose from. You just need to find owner that are willing to throw price. Yes, there are still those rather leave the unit vacant than to drop from the old prices.

So when will it be rock bottom price? Unless you can foresee the future, we can never know. Only speculate like stock market.

But generally the rule of thumb is property prices will increase in according to inflation. Cost of constructions, raw materiel, etc increase.


p/s: my 2 cents view. another thing is population keep on increasing as well. so people will need to find a place to stay. be it renting or buying.
AskarPerang
post May 3 2017, 02:33 PM

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QUOTE(heavensea @ May 3 2017, 02:26 PM)
Every week has auction of newly vped (within 2 years) property.😔
Govt affordable housing is killing budget condo owners (investors)😔.
Malai jadi aging nation like Japan?😔
Japan popoti price/sf dropped from 200k yen to 7-80k yen. (after the bubble burst)
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Waiting for Maxim Citylight to appear. tagging taikor Sentul area Endless_tale

 

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