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Would you buy in 2021 ?
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ryan@chua
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Jan 12 2021, 06:33 PM
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QUOTE(homesby @ Jan 12 2021, 12:12 AM) Hi everyone ! Just out of random thoughts, trying to gather everyone opinions if 2021 is a good time to buy property. Me & my girlfriend are considering to get ourselves a new house in this year..  Having known that a lot developers are kind of desperate now, with the pandemic affecting our entire economy, most of the properties now in the market offer really attractive price packages, rebates & so on.. So, is this a good time to buy ? Or should I pull handbrake first .. ? Lemme know what you all think  Majority are agents in this forum. Including the one who ask ππππ
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propertyowner
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Jan 12 2021, 06:35 PM
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QUOTE(ryan@chua @ Jan 12 2021, 06:33 PM) Majority are agents in this forum. Including the one who ask ππππ How do you know? You help him created new account?
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ryan@chua
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Jan 12 2021, 06:35 PM
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Rent and invest in other places such as stocks, bitcoin π
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ryan@chua
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Jan 12 2021, 06:40 PM
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QUOTE(propertyowner @ Jan 12 2021, 07:35 PM) How do you know? You help him created new account? Yes. That's possible. Many accounts under 1 person here include your account. Self ask self answer, very normal in this forum
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feringgee
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Jan 12 2021, 06:49 PM
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New Member
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Yes, for own stay.
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qwerty223
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Jan 12 2021, 07:53 PM
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got stable job why not? a deal is a deal.
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augusta23
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Jan 12 2021, 08:05 PM
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QUOTE(ryan@chua @ Jan 12 2021, 06:40 PM) Yes. That's possible. Many accounts under 1 person here include your account. Self ask self answer, very normal in this forum This is the scary part. Created multiple accounts sometimes just to post in a single thread. This is will confuse those who are new in this scene or looking for genuine information.
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propertyowner
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Jan 12 2021, 08:58 PM
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QUOTE(ryan@chua @ Jan 12 2021, 06:40 PM) Yes. That's possible. Many accounts under 1 person here include your account. Self ask self answer, very normal in this forum You may report TS for multiple accounts and justify as agent then π
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Maiiyowei
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Jan 12 2021, 09:25 PM
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QUOTE(ryan@chua @ Jan 12 2021, 06:33 PM) Majority are agents in this forum. Including the one who ask ππππ haha, why u so sure, don't simply predict la, sound not fair
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lollipopkan
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Jan 12 2021, 10:34 PM
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Anytime is good to get property if its at a good value and price.
No worst time, best time. My 2 cents.
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lollipopkan
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Jan 12 2021, 10:37 PM
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Oversupply is oversupply but the rigid demand is still there.
If you are not getting smtg out of your own power, then its ok.
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myrancid
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Jan 13 2021, 09:39 AM
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Yes for long term investment
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CSW1990
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Jan 14 2021, 11:28 PM
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Just my opinion, if to buy for own stay, buy if you can afford. Important is you and your spouse happy
I did agree some said that property price is stagnant, and if buy for investment better wait first. but also donβt forget that the inflation as money printed much since 2020 and looks like will continue for years, 1mil buying power in 5-10 years later might be much much lower to 1mil today
This post has been edited by CSW1990: Jan 14 2021, 11:29 PM
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hhsmax
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Jan 14 2021, 11:45 PM
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Getting Started

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Another viable option would be auctioned houses
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negayem
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Jan 15 2021, 04:21 PM
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Getting Started

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I am a strong believer that property prices will plunge soon. During the boom time, the greedy developers have overpriced their developments and built way too many. Now with Covid, oversupply situation and strict lending policy, it's just a matter of time. The only saving grace is the low interest rate.
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Suarez23
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Sep 1 2021, 03:01 PM
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Getting Started

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QUOTE(DavidKool @ Jan 12 2021, 10:36 AM) As long as the Covid-19 is still here, the property prices will remain stagnant and slightly dropped. A lot of subsales dropping their prices but developers' project remain high price due to demand. Can see people rather buy developer units because of new, low or no down payment or in conjunction with HOC 2020. When all these happened, it's time to buy instead of sell. But so many uncertainty, just wait and see. Very true, especially those people think that lelong unit is a good price...but when you add up other cost almost back to square one. Matured area won't be dropping price especially in KV. Majority of the owner already paid of their houses, In other words they can hold if they want to sell. Maybe you're lucky only 1 or 2 unit but unlikely.
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mini orchard
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Sep 1 2021, 06:04 PM
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QUOTE(Suarez23 @ Sep 1 2021, 03:01 PM) Very true, especially those people think that lelong unit is a good price...but when you add up other cost almost back to square one. Matured area won't be dropping price especially in KV. Majority of the owner already paid of their houses, In other words they can hold if they want to sell. Maybe you're lucky only 1 or 2 unit but unlikely. Financial stress doesnt mean is always about owing money to the bank. Owners have cash out property for medical treatments, finance children education, business expansion or to prevent debt action ...... etc. In simple term, a property owner will sell if he needs the money, if borrowing is not an option. Every property is sold or hold for a reason. This post has been edited by mini orchard: Sep 2 2021, 08:08 AM
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forever1979
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Sep 2 2021, 03:14 PM
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for residential, do not buy with anyone, other than your wife.
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SUSNihonmaru
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Sep 2 2021, 03:16 PM
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Getting Started

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The price drop ? The negeri sembilan area but always advertising as near to KL that one maybe.
The real KL area, matured one. I don't see a drop
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ROY LC P
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Sep 7 2021, 12:36 PM
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New Member
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QUOTE(Nihonmaru @ Sep 2 2021, 03:16 PM) The price drop ? The negeri sembilan area but always advertising as near to KL that one maybe. The real KL area, matured one. I don't see a drop Funny part is i get call from the Negeri Sembilan project agent claim the project is within Klang Valley
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