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

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Clement1001
post Nov 15 2017, 12:39 PM

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Malaysia should have few house market indicators for transparent economies, such as,

Monthly new home sales
Monthly Pending home sales
Monthy homeownership rate
Monthly Existing home sales
Monthly Building permit

The government already have all these DATA on hand, they can compile it anytime and make it public. This would guide for better understanding of Malaysia property direction, either for locals and foreigners.

This post has been edited by Clement1001: Nov 15 2017, 12:42 PM
Clement1001
post Nov 18 2017, 03:08 PM

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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.
Clement1001
post Nov 18 2017, 03:54 PM

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QUOTE(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
Clement1001
post Nov 18 2017, 04:12 PM

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QUOTE(TOMEI-R @ Nov 18 2017, 04:09 PM)
Can you elaborate what 'others are growing in the right direction'?
*
You can try to Google and read our latest governor public statement on growing Malaysia GDP for more details. He says so, not me.
Clement1001
post Nov 20 2017, 05:48 PM

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Government supposes to build quality community area, instead of quantity! Kick out those DBKL top post who approve all the high dense per acre without consideration of the existing community.

government should Build more public taman and public buildings.

 

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