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 Covid19 and MCO effect on properties, Q&A Session on the effects

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HereToLearn
post Aug 15 2020, 06:31 PM

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QUOTE(m0n0p0ly @ Jul 27 2020, 04:09 PM)
Just want to ask you one question.. everything in market mostly increase in price now, when props price gonna rise again?
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When demand>supply, or when minimum wage increases
HereToLearn
post Aug 15 2020, 06:31 PM

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https://www.theedgemarkets.com/content/even...st-decline-4q98

GDP drop that rivals AFC 1997/98.
1997/98 asian financial crisis property price drop is 30-40% with the avg of 37%
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post Aug 25 2020, 08:01 PM

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https://www.freemalaysiatoday.com/category/...y-markets-fate/
HereToLearn
post Sep 2 2020, 06:39 PM

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Vacancy tax is comng
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post Oct 2 2020, 10:21 AM

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QUOTE(icemanfx @ Sep 23 2020, 12:07 AM)
* There were 75,318  residential transactions worth RM25.61 billion recorded in H1 2020, declining 24.6% in volume and 26.1% in value compared to H1 2019.

* The residential overhang continued to increase due to slow market absorption of the primary market. There were 31,661 overhang units worth RM20.03 billion, increased by 3.3% in volume (H2 2019: 30,664 units) and 6.4% in value against the preceding half year (H2 2019: RM18.82 billion).

* The serviced apartment segment, which falls under commercial property albeit its usage as residential, recorded 1,433 transactions worth RM0.97 billion, forming 17.7% of the commercial property transactions volume and 11.5% of the total value. Mirroring the trend of the residential sub-sector, its market performance recorded a decrease of 24.2% in volume (H1 2019: 1,891 transactions) and 25.3% in value of transactions (H1 2019: RM1.30 billion).

* Serviced apartment overhang continued to increase, accumulating a total of 21,683 units with a value of RM18.64 billion, up by 26.5% in volume and 23.9% in value (H2 2019: 17,142 units worth RM15.04 billion). Meanwhile, the number of unsold under construction and unsold not constructed increased to 35,720 units and 10,874 units, up by 5.6% and 42.0% respectively.

https://napic.jpph.gov.my/portal/web/guest/...1&fileURI=14012

https://napic.jpph.gov.my/portal/web/guest/...showButton=true
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Bro can you explain
1. what is existing supply? Does it include the units that have been occupied?
2. what is the definition of demand (transacted data) by NAPIC? Does is include subsale and auction transaction? Or just new units' transaction?

 

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