For most gomen, providing affordable housing is more important than ensuring profits for property investors.

Most bought property with bank loan i.e incurring bank interest and need to make loan repayment. If property price doesn't rise faster or higher than loan interest incurred is a financial loss. If one doesn't make loan repayment consistently could end up in foreclosure.

Property is not the only investment opportunity available and certainly not all weather investment especially oversupply is increasing and bank interest is on uptrend.

Political interference in market economy is often too little too late and often has unintended consequences.

Most developers bought lands with bank loan and unlikely to keep land idle for long. The ban on over $1m high rise and service apartments mean more supply in sub $1m residential units.

It seems the objective of this ban is to bring down the property price by elevates the over supply.

Developer could substitute with cheaper materials, omitting high class facilities and furniture and fittings to reduce cost.

good idea for for house investor, but small developer either diversify to sell durian or bankrupt.....haha

Yup ...veey good move. huat ar for those who have this stocks now...keke..subsales heng ar...mass mkt ..holland ar as developers ll even off more after this ban...

If market economy, the only feasible and practical solution to reduce property over supply is to lower the price. When the price is low enough, supply and demand will be in equilibrium.

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

Unless they find a solution to make these properties.. "affordable", i doubt there's a solution for the current unsold units.

Below is the JPPH link to download the NAPIC 2017 H2 report:

http://napic.jpph.gov.my/portal/web/guest/...leUploadId=5087

I would like to share the tables below, so you may determine for yourself if its all doom and gloom, or if the market has bottomed:





Above shows the transacted value data for the past 6 quarters (Q1 2016 - Q2 2017) for KL and Malaysia. I have highlighted the Residential Data since that's what most of us are concerned about here

JPPH data shows that KL Property market has already been in recovery since Q4 2016

H1 2017 vs H1 2016 shows an increase in transacted value of 19%

All the recent news on the report has only looked at the overall Malaysia picture. None that I've seen so far have highlighted the recovery for KL market. If you talk to any active Agent or REN covering KL area, the KL figures wont come as a surprise. We've already experienced the recovery happening this year

Unfortunately, the rest of the states still flat or dropping. However they may start to follow KL's trend soon

I believe some are still adopting a "wait-and-see" attitude for their property purchase hoping that prices will drop further next year. If planing to buy somewhere in KL, then perhaps shouldn't wait any longer

As explained by ed1torz, aussie property market is strongly supported by foreigners. if you have attended property auction in aussie in the last few years, you will understand.

not sure abt NZL,

but in Australia, a foreigner (one without PR nor citizen) can only allowed to buy brand new directly from developers. You cant get subsale.
and when you want to flip, you can only flip to PR or citizen.

local Australians generally show very little interest in off-plan properties. They prefer to buy where they can see and feel the property.

to say foreigners buying causing property price to surge is not entirely true. general austalian public also cant afford those properties valued at 1mio and over.......why bother to cry that they cant afford to buy properties?

just bcos they are not white face, they are foreigners??????

foreigners cant buy auction properties.

they are PR holders or citizens. 50% of oz population are made up of migrants.

in fact 99% of oZ population were migrants....if you dated back history.

at 60, I want to have 3 properties and rm1 million in cash.

placing the rm1 million in FD (@ 3% p.a on monthly rest), I will have monthly RM9656.07 to spend and it will reached zero at end of ten year.

then at 70, i will sell two properties, keep one to stay and have another rm2 million or rm3 million to last till end of day.

But it's just me. i always prefer delay gratifications 

"placing the rm1 million in FD (@ 3% p.a on monthly rest), I will have monthly RM9656.07 to spend and it will reached zero at end of ten year."

hope it's clearer. of course, 3% on RM1 million won't be RM9656 

anyway, attached the excel. can see if i make a mistake on the assumption?

If wife needs to look like this.... need to re-think the strategy 

wonder if 2019, rm300k can get double story house