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 Nowadays hold many property oso die…

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Akaashi
post Jun 27 2022, 04:26 PM

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QUOTE(ketupatlazat @ Jun 27 2022, 04:06 PM)
mora is ending soon yo

some are still paying half of their supposed mortgage payments

once normalized, plus BNM's pursuit to hike OPR back to 3.0%, that is when vultures are out with their cash to grab lelong props
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Capt. Marble
post Jun 27 2022, 04:32 PM

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At times like this no one wants to buy anything big unless got HUGE incentives / tax discount from gov.

This post has been edited by Capt. Marble: Jun 27 2022, 04:32 PM
cempedaklife
post Jun 27 2022, 04:39 PM

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QUOTE(ketupatlazat @ Jun 27 2022, 04:06 PM)
mora is ending soon yo

some are still paying half of their supposed mortgage payments

once normalized, plus BNM's pursuit to hike OPR back to 3.0%, that is when vultures are out with their cash to grab lelong props
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belum end ke? no wonder economy still good now lol
Left4Dead2
post Jun 27 2022, 04:40 PM

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All because goreng and market downturn now
SUSdarkLapland
post Jun 27 2022, 04:41 PM

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If she sell to me 300k for emipire condo. I’ll buy


empstar2
post Jun 27 2022, 04:42 PM

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Die flipper die
gogocan
post Jun 27 2022, 04:43 PM

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No money everything also die..
SUSEurochem
post Jun 27 2022, 04:43 PM

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QUOTE(Blinklime @ Jun 27 2022, 03:54 PM)
my landed around 800k, neighbour wanna sell 1.2m, cuz "i did extension, reno abit" lol

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i got same answer from a cocky flipper when i asked about why Sri Muda house asking price RM550-600k in 2019......
Come 2022, I wanna call the guy and ask RM120k laugh.gif
zstan
post Jun 27 2022, 04:52 PM

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desa park city not even 1 month rent out d wor
Fork
post Jun 27 2022, 04:54 PM

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Last round of buyout is some kind of “QE” going on, where the so called transaction being propped up to sustain the market, letting the boomer generations to profit massively. The only side effect is property price going crazy like what is happening now.

The current generations gonna suffer and become slaves of the banks.
thexs
post Jun 27 2022, 04:56 PM

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Residential property should not be allowed as an investment. Limit of 2 properties max per person, or obscene tax (like 50% property value) on subsequent properties need to happen.

It’s a basic human need and the whole world is going to shit because it’s treated like a casino.

Commercial and industrial I can accept.


Akaashi
post Jun 27 2022, 04:57 PM

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QUOTE(thexs @ Jun 27 2022, 04:56 PM)
Residential property should not be allowed as an investment. Limit of 2 properties max per person, or obscene tax (like 50% property value) on subsequent properties need to happen.

It’s a basic human need and the whole world is going to shit because it’s treated like a casino.

Commercial and industrial I can accept.
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They still can put under cousin / children / parent / etc's name.

Flipper be like : you are just jealous of us making money.
SUSFenix98
post Jun 27 2022, 04:59 PM

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Yum....

18 months sale.
Epci
post Jun 27 2022, 05:04 PM

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QUOTE(thexs @ Jun 27 2022, 04:56 PM)
Residential property should not be allowed as an investment. Limit of 2 properties max per person, or obscene tax (like 50% property value) on subsequent properties need to happen.

It’s a basic human need and the whole world is going to shit because it’s treated like a casino.

Commercial and industrial I can accept.
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Just regulate ceiling price for resale properties. Like chicken 😗
AfraidIGotBan
post Jun 27 2022, 05:09 PM

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QUOTE(Epci @ Jun 27 2022, 09:04 AM)
Just regulate ceiling price for resale properties. Like chicken 😗
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in uk housing price is regulated, but still fk.

you can buy a house at 600k pound, put 50k to renovate it nice nice, but when selling, they might say sir, this unit max 625k pound. you wanna sell 700k, they say you slow slow dream on.

outside la, inside london the prop price is same like singapork. main goreng wan. private dealer do shit all behind the scene.
c64
post Jun 27 2022, 05:11 PM

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QUOTE(Epci @ Jun 27 2022, 05:04 PM)
Just regulate ceiling price for resale properties. Like chicken 😗
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Add RM50k, else no doors and windows. Must learn from chicken sellers.
SUSceo684
post Jun 27 2022, 05:11 PM

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QUOTE(empire @ Jun 27 2022, 02:59 PM)
many properties also same. I have been viewing so many since last year til now. Many people lost their jobs during MCO and became poor since then...so how are they going to buy any property now??

These sellers also very stubborn. Mati2 dont wanna lower the price even though more than 1-2 years nobody even came and offered any price to the seller. Good la....let these stubborn sellers continue to pay the bank every month forever then.
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Even got job also who dare to commit that kind of money? Plus 600k i assume is smallest unit 585 sq ft? Got so many YOLO type to afford 600k on such a tiny place when rumaweep half the price?
AfraidIGotBan
post Jun 27 2022, 05:12 PM

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QUOTE(zstan @ Jun 27 2022, 08:52 AM)
desa park city not even 1 month rent out d wor
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cos people that wanted to lcly is limitless.

I got a unit in westside where my unker is staying, and he day day tell me there's loads of professional konon prop agent sending letter if you're interested to rent out or sell your unit.

nonstop punya pestering.

with this kind of hardselling, of coz la desapark tenant owner traffic move like hell
ZforZebra
post Jun 27 2022, 05:12 PM

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Property agent keep pushing out new condo. Saying is hot sell la.

Facing a big park yada yada
anudora
post Jun 27 2022, 05:15 PM

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QUOTE(max_cavalera @ Jun 27 2022, 01:22 PM)

Market value so high but no market to sell…

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I always see this sentence but the sentence have no logic!!!
The market value is the value to be sell on the market.
If there is no market to sell, there is no value or the value is not right.
Fuking simple as that. icon_rolleyes.gif icon_rolleyes.gif

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