interesting thread.

40% drop is possible if we talk abt condo or service apartment that use to sell at rm60-70 per sqft. during peak, developer asking price is 600k for a 900 to 1100 sqft condo, not even in city centre but location like puchong, cheras etc. a 40% drop mean back to 350k to 450k, i believe this is the 2008 - 2012 level. did our income n growth that drastic in the last 5 to 10 years that could push the price up to the current height?

that said, i suppose the trigger is whether the job market remain stable, if it is, then the drop might be a mild one. but does it make sense to hold small condo for long term that is not for own stay and with low rental return? thus the possibility of 40% drop can happen.

This post has been edited by YH1234: Dec 30 2017, 11:42 AM