QUOTE(geekystef @ Jul 22 2019, 02:18 PM)
Ironically, the listing prices on Mudah, iProperty etc. are higher than the transacted prices on Brickz. I assume the true price is between those two. Nonetheless, from what I've gathered, even when one is willing to lower the price to entice buyers, it is still painfully slow in today's market.
A few people in earlier posts have mentioned that they have sold off most of their condo units because these are no longer profitable. The margins they earn are not sufficient. Of course, being a long time lurker here, I'm privy to the debate between those who agree and those who do not.
Some would say that if you know how do it right, you can earn good rental income. Not denying that of course. But not everyone is cut out to do it. My family had a few properties in the past and it was financially and emotionally draining to deal horrible tenants. These tenants aren't obvious pariahs, by the way. Well, that's a topic that deserves its own thread.
Some people have shared the sentiment and information that prices are declining etc. which is evident. What a heartache for owners. Oh well... you live and you learn...
That's why even more so the need for new ways to market and sell properties in MalaysiaA few people in earlier posts have mentioned that they have sold off most of their condo units because these are no longer profitable. The margins they earn are not sufficient. Of course, being a long time lurker here, I'm privy to the debate between those who agree and those who do not.
Some would say that if you know how do it right, you can earn good rental income. Not denying that of course. But not everyone is cut out to do it. My family had a few properties in the past and it was financially and emotionally draining to deal horrible tenants. These tenants aren't obvious pariahs, by the way. Well, that's a topic that deserves its own thread.
Some people have shared the sentiment and information that prices are declining etc. which is evident. What a heartache for owners. Oh well... you live and you learn...
Jul 24 2019, 07:58 AM

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