Got to agree on this point. When I saw some projects proudly advertising this as "affordable" but when calculate it's RM500 psf!

talk to property agent, they said unless that area is not develop, then the house price will drop, if not it will keep on increase. what your guys think ?
i am referring to bandar tasek mutiara....

Talk so much how dont need more rooms and space, ownself buy a 3 room. Damn topkek man u

thing is , not everybody like you or your friends. many of these youngsters are slaving their life, go out at 7am then go back 7pm

just because you and your friends dont have/dont want to have kids, everyone gonna do it your way
that's why

So back to the title after so many discussion here,seems like the property price will not drop and will keep on increase only...

Guys, I do have a family. Staying in a 600 sq ft studio with a kid will definitely make you go mad.

Me and my wife stayed in a sub 500 sq ft studio. No problem with it until we are planning for family

We have many friends whom do not plan to have kids. They are staying in loft/stdio unit. No issue at all. Not sure why you guys said it's too small. Most of them they make the living room into a WFH spaces, and use a removable partition wall or custom a wardrobe to separate their bedroom section. No TV, no proper dining area.
To a certain point. You need to consider depopulation and general affordability too.

To me, landed property price will always stick to inflation. Except you can meet desperate seller or bid from auction mkt.

Recently my banker send me the bank value for my old house. Surprisingly it is 50% more than my initial purchase price in 2014. Of course transaction price should be 80%-90% of bank value. But from here can see how crazy was the inflation in pass two years.

The price for new developer unit for same size property is like 70% more compare to 2014. Or they made it in much smaller size...

Take my father shop as example, 8 years ago the tenant hack one of the four pieces of wall, we only collect 3k deposit since that time the rebuild cost is abt 2.5k. In October, the contractor quote the rebuild price as RM6k and not yet include paint work, so tenant pay us additional 9k as deposit for the piece of wall to renew the agreement. The rental also increased to double compare to 8 years ago.

So the question is not how soon the landed house price increase, but whether the speed of our salary or income increase can catch up with inflation or not, to me one is like with speed of KTM but anotber one is with speed of bullet train.

So u think the price will be continue to grow right?

There's a similar thread which has been tracking property prices since 5-8 years ago.

More active there.

So back to the title after so many discussion here,seems like the property price will not drop and will keep on increase only...

Price already drop. Buying Subsale place in subang. Launch price Rm800+ psft, now I manage to buy at Rm670 psft. So depends on location and when property launched. If launched during peak bull market 2012 to 2014 that time I think now can get some discount if not close to launch price

urs 1 izzit smaller unit/and subang where gt 800 per SQ so expansive b4?

Where can I find these 100k shop apartments in KL? I'd like an affordable place for own stay, but even the cheapest 500sqft studio unit that is not even within walking distance of mrt is at least 300k. It's infuriating how expensive property is when  considering how poorly planned the city is.. uneven and poorly maintained roads, inconsistent sidewalks, poor public transportation, highways everywhere.. literally 3rd world city planning, but 1st world property prices.

[KUALA LUMPUR] The majority of property agents in Malaysia say they are upbeat about the real estate sector’s outlook for 2024, with many anticipating that residential prices and rentals will increase in the next 12 months.

This was one of the key findings from a new survey by IQI, a global real estate agency network that’s also a member of Malaysia-based technology group Juwai IQI. A total of 203 agents and negotiators took part in the poll that was conducted from Nov 1 to Nov 22.

In a report accompanying the survey findings that was released on Tuesday (Dec 5), IQI noted that nine in 10 respondents (91.1 per cent) would advise a friend to buy a property, with the remaining 8.9 per cent suggesting that people should rent instead.
“The buy–rent ratio reveals strong confidence in the real estate market,” said Kashif Ansari, the co-founder and group chief executive of Juwai IQI who’s also the group CEO of IQI.

He noted that the numbers are nearly as lopsided in Kuala Lumpur and Selangor as they are country-wide, with 88.8 per cent for buying versus 11.2 per cent for renting.

He made the point that agents may recommend buying because they expect significant increases in both sales prices and rents in 2024.
***For those dont want to buy, here is the result for u***