then dev will build more sub 1mil props, overflooding this sector pulak. lol.
PROPERTY MARKET TO BE BADLY HIT IN 2018, Tekan the greedy sellers to the max!
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 Nov 19 2017, 09:28 PM
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454 posts Joined: Aug 2010 
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Nov 21 2017, 02:10 PM
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am thinking the next few years safe strategy is on prop sector with strong fundamental, undervalued/under market pricing and with rental being breakeven/positive? this may minimize price reduction impact as you can brace the downturn for longer time as cashflow not really affected. fundamental prop imho will pick up again over time after the downturn cycle.
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Nov 22 2017, 10:09 AM
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QUOTE(brother love @ Nov 21 2017, 11:46 AM) Me actually knew few people who goreng rm800k to Rm1 million condos /landed to flip, and tis was as recent as 2-3 yeara ago..now either lelong or almost kena lelong or holding until sweating non stoo losing money or breakeven? how much has the priced dropped from the peak?And me still hear people discuss buying xx pojek for invest Johor so big so many empty land and they build soho studio in the thousnands at mad prices, becoming ghoat condos  |
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