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

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kurtkob78
post Nov 17 2017, 03:26 PM

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i like to tekan ... tekan kat mana ? drool.gif

ops sorry. i tot kopitiam

This post has been edited by kurtkob78: Nov 17 2017, 03:29 PM
kurtkob78
post Nov 23 2017, 08:26 PM

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nationwide freeze

https://www.edgeprop.my/content/1240169/new...nce-minister-ii
kurtkob78
post Nov 24 2017, 03:44 PM

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QUOTE(propertybuddy @ Nov 24 2017, 02:23 PM)
impact on the ban?
1. For area with plenty of shopping malls - no impact having one lesser Mall

2. For area which suppose to have mall but still don’t have mall - yes impacted

3. Majority (83%) of the unsold high rise are from 250,000 onwards but the ban applies new high rise >1mil onwards. “Applying medicine to wrong patient.”

4. How many areas with high rise development transact 1Mil onwards? The ban dont seem to be targeting the right price category.

5. With the ban imposed, certain areas which average transaction above 1Mil are positively impacted due to lesser supply.

https://www.facebook.com/propertybuddy.plt/...23601257792711/
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they r imposing the ban because they know not many people r buying the luxury props.

and they are asking developers to build more affordable housing instead of building luxury props and let it be unsold.

This is what they intend. if developer dont want to build, gov just have to learn to become developer then.
kurtkob78
post Nov 26 2017, 05:13 PM

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QUOTE(thecaterpillar @ Nov 26 2017, 01:40 PM)
It just prove that demand is there. Not proving that the buyers will laugh to the bank because of this purchase. Also, not everyone purchase property for investment too..

As long as it's at the right price and location, demand will still be there.
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then explain why the significant increase of unsold units. amounting to 37 Billion
kurtkob78
post Nov 27 2017, 01:49 PM

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Expert did their analysis.

Moody's expects decline in property prices due to supply overhang

https://www.thestar.com.my/business/busines...upply-overhang/
kurtkob78
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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300k if you can pay every month should be ok

usually increase rate by 0.25%. so can calculate from web mortgage calculator. they said maybe 2 times increase.

 

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