Pity those amaturs who gotinto the game at the highest entry prices, example Rm850k for 900sf or Rm830k for 600sf soho studios, the same devloper suddenly sing different tune, from excuses such as rising labur material cost now like magic say can build affordable homes, these victims now stucked with amazing bank installment and worst is market value dow.n Rm200k

Keeping vacant unit incur cost e.g bank interest and negative cash flow. Developer is more likely to respond with bigger discount, rebate or cash back; effectively lower the price.

Those subsale vendor with gold and silver mountain backing could hold until inflation catch up. However those stretched vendor may buckle under bank loan repayment.

With only 4% of adults in the kangkong land have over us$100k net worth. Not that many investors have the capacity to hold vacant unit for extended period.

This post has been edited by icemanfx: Nov 18 2017, 02:22 PM

I still think property market are still at healthy pace, in fact base on the latest GDP by bank negara its over 5% , which shows market are still liquid.

But if bank negara start gradually tightening their monetary policy base on growing economy, that's where you will need to check the reaction of the seller, and business surrounding.

Either BN scrap the pooerty cooling measures eg RPGT or loan 70% LTV, the market ia ddomed...some rules like 10 year DSR calculation added to Refinance cases but denied by FI oso killing e market

Bank Negara's dire warning for the property market.

This post has been edited by TOMEI-R: Nov 18 2017, 03:29 PM

How I see it, is he acknowledge the property market sentiment ( one of the sectors) lag of growth but not in a crucial situation from the hard facts, where others are growing in good direction. And so, so he try to tickle to prevent any meltdown by merely advising the goverment and developers to keep it sustainability.

If bank negara really knows something wrong with the property which will affect the whole economy growth he would have take some action already.

This post has been edited by Clement1001: Nov 18 2017, 04:07 PM

https://www.thestar.com.my/business/busines...-growing-wider/


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Can you elaborate what 'others are growing in the right direction'?

No profit is the only possible. If the market is so bad that it goes below owner cost, the "home owner" will probably need to cash for the rainy day instead.

You can try to Google and read our latest governor public statement on growing Malaysia GDP for more details. He says so, not me.

Maybe growth on GDP but definately not on the property market.

Not sure who’s holding but definitely hardly worth holding unless he property we’re bought prior the hype and that they still collecting rents

In 2Q 2017, the Malaysian House Price Index increased by 5.6% (1Q 2017: 6.7%), amid a slower growth in both landed and high-rise property prices.

Can you share which development?

Actually invest in prop don't need silver or gold mountain...if u hv vested then may be understand.

as expected, the experts only good at tabulating figures and report the obvious.

why they don't control the supply from the start???????????? AK how many launches tis year already?

brown envelope tok.

Stimes she just wanna show us rocket science but in prop 1 just need to du-it to und the beauty of it. On paper any1 can tok kok til moo moo comes home.

Btw most gurus oso tok kok nia. Wateva econ part they r telling u is either the history or assumption. It's not tat hard to cow dung thou.

Some property club members have lower entry cost and can dispose at much lower cost probably below list price.

how much lower is lower?

Well it depends on project.i got 2 unit joined as bulk purchase get discount 100k for each unit.