Can get quite annoying tho. Her Economics 102 post in response to you was what triggered me haha

Well, she was wrong. But refuse to admit it, instead deflect and change the discussion.

Like I said, already used to it. Just need to raise awareness.

Sure.

My friend, you just need to ask yourself honestly if you really find that buying a property in 2020 is easier and more value for money than 2018, and easier and more value for money than 2016 etc.

Even a broken f*cked up clock is right twice a day

Yeah, why don't you give us an in-depth analysis?

Back your data with facts and data which supports both sides of the argument.

Then conclude rationally to arrive at a result that is persuasive.

There is a reason why a lot of people think you're full of shit you know. Prove them once and for all that you are worth your weight in gold and that you know what you are talking about.

Or..

Just reply with a riddle and concede that you actually rely on googlefu most of the time. Which you rely on to look for data that supports your argument while conveniently exclude data that does not.

Your choice.

I seldom posted in this section of LYN, but to answer you question, yes, you can easily find a good deal today compared to 2016 & 2018.

I have been monitoring the price of landed property in the area I’m staying now (Shah Alam) since 2015, and from my own price monitoring, the landed property in Shah Alam peaked in 2016.

I just bought my first house (and probably last because I bought for my own stay) last year at 720k. It is a double storey house with 2300sqft built up with land size of 22x75, newly completed (I bought one of the final few units 1 months before VP). As comparison, the houses in that area with land size of 22x75 with built up of 2000sqft was selling at 750k in 2016, with lower quality finishing. The same type unit was last transacted at 580k in 2019, but still the owner made a hefty profit considering it was sold by developer at 320k in 2010. But he made a paper loss of almost 170k as compared to if he were to sell his house in 2016. Currently the asking price is around 630-650k, but most likely you can still lowball the seller to 600k.

So yeah, you can pretty much find a good deal today compared to 2016. But my findings are just limited to Shah Alam.

So nothing from you?

So by throwing out a riddle you’ve conceded that you know very little on the subject matter.

That’s the issue during the bull run, everyone blinded by greed. Fortunately sufficient cooling measures were put in place.

If insufficient, then you’ll see new projects priced at 700k instead of 400k now. Just measure with other countries as a yardstick.

Perhaps you should study the numbers, majority of the overhang is in Johor. Launched prices are way above median.

Also, FYI

everyone tot siapa cepat dia dapat. mana tau sekali...

Even when you compare price to income ratio with our peers?

Eg Thailand.

Cause Bangkok is way more expensive than KL.

Will drop? Or to hold for few months?

https://www.theedgemarkets.com/article/furt...abour-drop-marc

Agreed, but how to keep ourselves not being affected?

https://www.theedgemarkets.com/article/econ...further-opr-cut

-25bps, -50bps, no change???

And they still said inflation stagnant aldy?