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 Will you think the property market will fall soon?, will the landed property fall in 2024?

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icemanfx
post Aug 29 2022, 05:25 PM

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Poorperly overhang is a fact, population growth slowing down is a fact, fewer migrants from outstation is a fact, country becoming ageing nation by 2030 is a fact, elevated household debts is a fact, overhang in subsale is a few times of developers is a fact, many dsr is unsustainable is a fact, rising loan interest rate is a fact, liquidity tightening is a fact, more number of residential units than number of family in KV is a fact.

One could defy gravity temporary, and will eventually face reality.

This post has been edited by icemanfx: Aug 29 2022, 08:56 PM
TSjrshow
post Sep 9 2022, 02:36 PM

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come back to the topic, u guys think tat malaysia property will fall after opr increased?
premier239
post Sep 9 2022, 02:46 PM

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without a good gdp growth/ solid economic fundamental going forward, how much could property price appreciate?

better bet it on other asset class

This post has been edited by premier239: Sep 9 2022, 02:47 PM
TiramisuCoffee
post Sep 9 2022, 03:19 PM

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QUOTE(jrshow @ Sep 9 2022, 02:36 PM)
come back to the topic, u guys think tat malaysia property will fall after opr increased?
*
loan more expensive… but ppl still need a roof over their head… anyways I checked, price still x fall…
TiramisuCoffee
post Sep 9 2022, 03:25 PM

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QUOTE(premier239 @ Sep 9 2022, 02:46 PM)
without a good gdp growth/ solid economic fundamental going forward, how much could property price appreciate?

better bet it on other asset class
*
Correct. Rather buy property than say invest in share market… even if a property x appreciate much, but x lose value UNLESS u invest in flood prone area ( quick sand areas… 🤐 )
TSjrshow
post Sep 9 2022, 04:35 PM

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what do i c is, those hot cake landed area, asking price even more expansive,for example, b4 the ukraine war, b4 the crazy inflation, the price is around 600K,after the war, when the crazy inflation started, the asking price become 700K, and even more higher, some even 720K

the question is, u can have ur asking price, but does the market accept? people willing to pay this crazy asking price?

As i c, obvisely no, by why those land lord still asking crazy price?

anyone is property agent here especially selling landed property?does the market as hot as those agent said? if dont buy the property price will be sky high etc..
langstrasse
post Sep 9 2022, 06:18 PM

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QUOTE(TiramisuCoffee @ Sep 9 2022, 03:19 PM)
loan more expensive… but ppl still need a roof over their head… anyways I checked, price still x fall…
*
Can share how you “checked” the prices?
TiramisuCoffee
post Sep 9 2022, 06:32 PM

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QUOTE(langstrasse @ Sep 9 2022, 06:18 PM)
Can share how you “checked” the prices?
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I check with agents lol …
party
post Sep 9 2022, 11:11 PM

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QUOTE(jrshow @ Sep 9 2022, 02:36 PM)
come back to the topic, u guys think tat malaysia property will fall after opr increased?
*
The opr increase is back to pre covid era. If u cant afford before tis u cant afford now as well.

If u bought before tis n been paying n no go retarded on ur financial the opr wont kill.

Maybe adjustment like all this while. But fall? I haven hearing tis since i grad in 2014. Even BBW bought a hse d. Only one still delusional.
galkelly
post Sep 10 2022, 01:54 AM

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QUOTE(jrshow @ Sep 9 2022, 04:35 PM)
what do i c is, those hot cake landed area, asking price even more expansive,for example, b4 the ukraine war, b4 the crazy inflation, the price is around 600K,after the war, when the crazy inflation started, the asking price become 700K, and even more higher, some even 720K

the question is, u can have ur asking price, but does the market accept? people willing to pay this crazy asking price?

As i c, obvisely no, by why those land lord still asking crazy price?

anyone is property agent here especially selling landed property?does the market as hot as those agent said? if dont buy the property price will be sky high etc..
*
It's increasing... Now averaging 720k++, those didn't snap at 670/680k prolly miss the boat
MGM
post Sep 10 2022, 07:54 AM

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Landed houses in JB has recovered from the depressed pricing during the last 2 years. Some more than 50%.
Developers were panic selling cos cant see the end of pandemic.

This post has been edited by MGM: Sep 10 2022, 09:37 AM
incubus_skj
post Sep 10 2022, 08:12 AM

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Waiting for property prices to fall is like waiting for car prices to fall after AFTA or dunno what back then

Year in year out ppl keep say "just wait it will come down next year" for over 10 years ad lol
icemanfx
post Sep 10 2022, 04:09 PM

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QUOTE(incubus_skj @ Sep 10 2022, 08:12 AM)
Waiting for property prices to fall is like waiting for car prices to fall after AFTA or dunno what back then

Year in year out ppl keep say "just wait it will come down next year" for over 10 years ad lol
*
Car price was controlled by miti, price wasn't permitted to be cheaper to protect potong

Most if not all bought poorperly with bank loan, poorperly price rise slower than loan interest and expenses incurred is financial losses. Besides many subsales transacted lower than developer's price.

This post has been edited by icemanfx: Sep 10 2022, 06:40 PM
icemanfx
post Sep 10 2022, 06:43 PM

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QUOTE(jrshow @ Sep 9 2022, 04:35 PM)
what do i c is, those hot cake landed area, asking price even more expansive,for example, b4 the ukraine war, b4 the crazy inflation, the price is around 600K,after the war, when the crazy inflation started, the asking price become 700K, and even more higher, some even 720K

the question is, u can have ur asking price, but does the market accept? people willing to pay this crazy asking price?

As i c, obvisely no, by why those land lord still asking crazy price?

anyone is property agent here especially selling landed property?does the market as hot as those agent said? if dont buy the property price will be sky high etc..
*
https://m.facebook.com/Selangorauctionproperty/?__tn__=C-R

Asking price could be substantially different from valuation and transacted price. Have price no market is syok sendiri price.

This post has been edited by icemanfx: Sep 10 2022, 10:08 PM
icemanfx
post Sep 10 2022, 06:46 PM

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QUOTE(party @ Sep 9 2022, 11:11 PM)
The opr increase is back to pre covid era. If u cant afford before tis u cant afford now as well.

If u bought before tis n been paying n no go retarded on ur financial the opr wont kill.

Maybe adjustment like all this while. But fall? I haven hearing tis since i grad in 2014. Even BBW bought a hse d. Only one still delusional.
*
Those bet on poorperly likely to have bet on glove shares and crypto during loan moratorium period, and most are trapped at high floor.

Poorperly bought in 2014 after considering loan interest and expenses paid is likely under water in current market sentiment.

This post has been edited by icemanfx: Sep 10 2022, 07:33 PM
icemanfx
post Sep 10 2022, 06:52 PM

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QUOTE(AfraidIGotBan @ Sep 10 2022, 06:46 PM)
I also machiam you, kena hardsell. Tell me that landed props very good, left few unsold, say kawan kawan thorlong la abit. 800k lol.

Later when he sudah behsong his boss, then break secret tell me, two hundred units, got 10+ is his boss and close relative punya. If this place punya unit no sell, they rugi teruk la, so had to hardsell.

Fker I rather buy kepong or cheras props if liddat. Penipu giler babi punya orang.
*
Many landed units is blocked by developer's staffs and agents, and claimed sold but almost always units available.
icemanfx
post Sep 10 2022, 07:13 PM

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QUOTE(airtawarian @ Sep 10 2022, 02:04 PM)
From the defaulter list, u ordy know what is happening already...

*this is just 1 of the pagessss only
*compress loan
*ordy 4 years still lelong tak habis

user posted image

https://m.facebook.com/Selangorauctionprope...=48&__tn__=EH-R

#NBDRE🤭
*
It doesn't need many over stretched flippers to suppress price in any condo.

This post has been edited by icemanfx: Sep 10 2022, 10:00 PM
AfraidIGotBan
post Sep 10 2022, 07:20 PM

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QUOTE(icemanfx @ Sep 10 2022, 10:52 AM)
Many landed units is blocked by developer's staffs and agents, and claimed sold but almost always units available.
*
yeah.

I remember heard somewhere got somthing like 46 or 56 unit available, selling fast, left 2 or 3 unit story, then when know insider news, DLLM la...

10 unit VP hold, 10 unit VP family member hold, 10 unit hold for VIP clients, 10 more hold for oversea clients, left 6 to 16 unit for sale. Selling fast left few unit konon. Bullshit less abit la.

Its like I tell others I caught a big tuna, then say selling fast, left the lousiest nigiri only, then make everyone buy and eat like fuark, then later only sinkarlan say oh my tuna belly is available again, selling fast. Pokgai humgarchan betul.
skyzone101
post Sep 10 2022, 07:30 PM

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QUOTE(icemanfx @ Aug 29 2022, 05:25 PM)
Poorperly overhang is a fact, population growth slowing down is a fact, fewer migrants from outstation is a fact, country becoming ageing nation by 2030 is a fact, elevated household debts is a fact, overhang in subsale is a few times of developers is a fact, many dsr is unsustainable is a fact, rising loan interest rate is a fact, liquidity tightening is a fact, more number of residential units than number of family in KV is a fact.

One could defy gravity temporary, and will eventually face reality.
*
Only certain race buy property is a fact especially condo which
Is over supply is a fact which cant absorb all the units launched mean for total population. Majority here earn not even 4k and above how to afford a Rm500k to Rm800k properties which is common in KV. We are not Singapore or HK if u know what i mean.

This post has been edited by skyzone101: Sep 10 2022, 07:32 PM
TSjrshow
post Sep 12 2022, 11:50 AM

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QUOTE(galkelly @ Sep 10 2022, 01:54 AM)
It's increasing... Now averaging 720k++, those didn't snap at 670/680k prolly miss the boat
*
U sure or not?or u just base on the asking price?i have at unit 680k,u interested?

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