In 2013 he said we are "heading to a property bubble":



3 years later in 2016, he said:


http://property360online.com/scary-truth-affordability/

So if the market was "HEADING" in 2013....

and the market has "BURST" in 2016...

how come real estate prices only going to drop drastically 2 years later in 2018?

Shouldn't the market have gone thru a drastic price correction in 2016 - 2017?

By the way, Bangsar Terrace houses are now 1.6m-2m depending on location and condition. So anyone who sold their bangsar house in 2013 would have missed out on about 25% capital appreciation over the past 5 years.

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

On JPPH the detailed state by state report is only available for Q1 2017

Since number of transacted residential units in KL was still pretty flat, while value increased significantly, its probably does mean the percentage of higher value transactions has increased. However I believe both 500k-1m and above 1m doing well, but the above 1m recovery has been relatively stronger