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 PROPERTY MARKET TO BE BADLY HIT IN 2018, Tekan the greedy sellers to the max!

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A.B.D.
post Nov 15 2017, 12:30 AM

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parking
A.B.D.
post Nov 15 2017, 12:08 PM

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Actually Ernest's prediction for crash is around 2020, below is from the article, still got time for BBB brows.gif

“This is where the danger starts. I predict if this continues, markets will crash within 24 to 30 months because consumers do not have the financial capacity to buy properties any more.

This post has been edited by A.B.D.: Nov 15 2017, 12:09 PM
A.B.D.
post Nov 16 2017, 04:12 PM

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QUOTE(onyxsis_16 @ Nov 16 2017, 03:10 PM)
Okay, so from all of the discussions above, may i know is it a good time/bad time to buy a property now for a first time buyer?
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anytime is a good time depending on the property you are buying
A.B.D.
post Nov 18 2017, 01:15 PM

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This could be a good deal for some people

https://forum.lowyat.net/index.php?showtopi...post&p=87071835
A.B.D.
post Nov 21 2017, 12:01 PM

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QUOTE(ed1torz @ Nov 21 2017, 11:12 AM)
yea, if so many gila go for prop investment, its rental market and it worth much more.

every 2 yrs, you just bargain or move to new prop and then start requesting stuff from prop owner... hahah
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many europeans like to live this way, can enjoy life, work less hard more disposable income, very syiok thumbup.gif
A.B.D.
post Nov 21 2017, 01:35 PM

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UEM Sunrise is responsible developer, next year launch condo and rumawip, very balanced.

https://www.nst.com.my/property/2017/10/292...ferred-location

Next year, it plans to launch MK27, a high-rise residential development, and a 719-unit Kondominium Kiara Kasih (Rumawip). In 2019, it hopes to launch the first plot of MK31, which will be a mixture of high-rise and low-rise residential development.

“Do also expect exclusivity for MK31, a mixture of high-rise and low-rise residential project,” Anwar said, without disclosing further details on the development.
A.B.D.
post Nov 21 2017, 01:50 PM

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QUOTE(aaron1717 @ Nov 21 2017, 01:37 PM)
how about Aset kayamas? a superb morally responsible developer already... all their projects have new launch condo and rumawip... very balanced laugh.gif  laugh.gif
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they are visionary, they build city within city thumbsup.gif
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post Nov 21 2017, 02:01 PM

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QUOTE(ed1torz @ Nov 21 2017, 12:57 PM)
https://www.thestar.com.my/business/busines...ts-says-johari/

you guys can quote and show how significo market to be.
but the reality is, we have a mismatch of supply vs demand
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govt don't approve new application whereby per unit over 1m can help who?

sounds like a good deal for the rich, developers will compete to give the largest space and best fittings for RM999,999.

while the lower income will continue to be disadvantaged on value per sq ft basis and living in tight spaces in overcrowded multi-thousand unit buildings sharing a few common facilities.
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post Nov 21 2017, 03:48 PM

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QUOTE(remora @ Nov 21 2017, 02:12 PM)
Is there anything we could learn from our neighbour's HDB township planning concept?? Even today, a four-room HDB unit could be still available at S$350k for eligible household that could be finance partially through CPF.
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learn? we have incompatible values. a country where meritocracy and equality are bad words, cannot possibly learn from developed countries.
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post Nov 23 2017, 04:52 PM

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QUOTE(AskarPerang @ Nov 23 2017, 04:43 PM)
Credit to David_77 for the report.
Johor is the only place property price increase.
2018 is the year to buy buy buy?

[attachmentid=9368933]
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very good news for subsale buyers especially kl area
A.B.D.
post Nov 28 2017, 11:00 AM

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QUOTE(5tar5cr3am @ Nov 28 2017, 10:25 AM)
After reading through this thread, I can`t make up my mind whether to proceed in buying my first property or not
It`s a 300k Rumawip

IF the monthly pay is around RM1.5k-1.8k (installment + Maintenance) , it should not be a problem.
What I dont understand is how the "bank negara rate hikes" will affect me?

http://www.theedgemarkets.com/article/stro...ambank-research

Please enlighten.

and does the Flexi or non-flexi affect in anyway? which would be better/

Thanks in advance  notworthy.gif
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your loan is not interest free right? if it has a interest rate then a hike will make it increase.

some people choose fixed rate so they don't get big surprises but it will be higher than existing floating rate.

the bank lending to you has people paid to explain all this to you.
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post Nov 30 2017, 12:13 PM

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QUOTE(pearl_white @ Nov 30 2017, 11:52 AM)
A few houses in Sungai Long already dropped, albeit just recently.

From 900k 3 years back, to 750k 1.5 years ago, now in the last 2 months 650k (20x70 superlink).  still no buyers.  this is in secondary market.

same goes to cheras mahkota....same trend.
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there you go 30% drop. and i didnt know nowadays 20X70 is called superlink thumbup.gif

 

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