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 Future of property prices in Malaysia, Up or down???

Property prices up or down?
 
Up [ 40 ] ** [74.07%]
Down [ 14 ] ** [25.93%]
Total Votes: 54
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icemanfx
post Jul 17 2019, 04:26 PM

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QUOTE(seikoho1 @ Jul 17 2019, 02:52 PM)
Malaysia population has been increasing lately, from 28mil to 32mil not including foreigners and expats living in Malaysia.

The median age of the population in Malaysia is expected to reach 30.3 years in 2020, it seems we are in prime time now comparing to many developed countries like Taiwan, China, Japan, South Korea, Singapore and Australia.

With large working able population, it seems demand for housing will be strong despite oversupplies now.

What do you think? Up or down?
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Foreigners are only allowed to buy >rm1m poorperly, is irrelevant to most overhang units.

According to statistics, population growth has slowed and by about 2030, this country will become ageing nation.

Until oversupply is reduced substantially, price is depressed.


icemanfx
post Jul 17 2019, 05:18 PM

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QUOTE(ju146 @ Jul 17 2019, 04:58 PM)
You got the answer d what, it is Bangi Not Bangsar

Anyway joke aside, we will never see a case where all vp property are taken. It will not reach this stage because whenever it about to reach the full occupancy, developer will find another piece of land to develop new property.
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If supply is almost endless or unlimited, how could price rise above inflation rate?
icemanfx
post Jul 17 2019, 07:45 PM

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QUOTE(ju146 @ Jul 17 2019, 05:29 PM)
Certain Prop price rise beyond country inflation rate could means the netizen still incline of preserving their wealth through property than other instrument.

We don't constantly see all property performing well. There are stagnant and decline unit too.

Supply will not wait for market to fully occupy before reproduce.
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In the long term, property price may rise at about inflation rate but as most buy with bank loan, need to deduct loan interest paid.


 

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