Is it relevant?

Have you guys forgotten that foreigners bought up a lot of properties in Malaysia over RM1million.

I'm ok if you guys think that property prices will drop. I'm not here for an argument.

As most bought poorperly with bank loan, price rise slower (e.g price stagnant) than loan interest and expenses incurred is a financial losses.

In poorperly investment, price doesn't need to drop to be underwater.

This post has been edited by icemanfx: Oct 16 2022, 04:14 PM

The victims of Kuchai Lama housing proj strongly agrees…one of the sign of property crash…abandoned housing proj at PRIME LOCATION even though the proj is almost 90% sold out…its a hell of a bloodbath now in the market…auction properties on an upward trajectory…some new property lose as much as 50% of value post VP

If PRC poorperly price could drop, what's more in this country.

Population rising not relevant because it’s mostly the poor people keep breeding non stop. 1 family got 5-6 anak. Do you think they can afford house when they grow up? Can but highly unlikely unless they are raise well, got good education etc.

Meanwhile upper middle class to T20 prioritise quality over quantity. 1-2 kids only.

Dont think will and never will. The trend is always uptrend since malaysia independence day for landed properties.

Either u get low cost housing or top up to get landed for better yield on investment. Condos are the worst money trap now




This post has been edited by Questions12345: Oct 24 2022, 05:27 PM

You missed out economic recession in mid 1980's and AFC.

I believe with weak ringgit, and rising construction cost, hard to go lower on new developments. If wan cheap, secondary market ba

Many kena lelong is because they do compressed loan
and get cashback during peak. Now burn hand lo

The point is landed property value is still on an uptrend. Those crisis didn't make landed cheaper. Future crisis will not as well.

In the long term, residential value rise at about inflation rate.

It's usually higher than inflation rate. 8-10%. Otherwise it's not worth investing in properties if it's about the same unless your objective is hedging against inflation.

Residential price in usj, bu, ttdi, Puchong, ss1, ss5, ss22, etc said otherwise.

i think condo prices will fall, because there is just too much supply

but for PJ houses, Bandar utama, Bangsar, Damansara Heights, Damansara Perdana, their prices will continue to soar, because no developer is building any landed double storey link house except in Shah Alam and Klang (in Kv)

Ya but dont expect condo prices to fall much. And also depending on area. Some condo prices just stay stagnant for years even when supply of condos go up. Some would drop a little. Some would continue to go up like condos in gurney area(prime area). I live in penang and that's what I have been seeing in penang. Not sure about KL or selangor. I got a condo bought almost 10 years ago for rm400k. It was so easy to rent at RM3k- RM 3.5k a month. After 10 years to now should be atleast rm6k a month right? Nope. Drop to around rm 2.5k. Conclusion is dont buy condos for now.

These landed existed for 20 to 50 years, historical price is a public record. Those on lease hold, value is likely to drop when lease is getting shorter.

Expecting Penang kondo getting same rental like KLCC/Mont Kiara? Penang ppl isap too much factory exhaust liao

My condo in prime area la... in georgetown. Very close to Gurney also and the heart of georgetown. 1k sqft only. Used to rent to jap expats who are working in bayan lepas since bayan lepas don't have many condos. Now condos there are mushrooming like crazy and hurting the condo rentals and prices in whole of penang.

I put up my partially furnished medium room up for 2 months plus and nobody confirmed, from 800>750>700>650 monthly soon .

Location : Old Klang Road

Property prices falling is not mainly because of more units coming into the market but the starting price is unrealistic from the start.

Most newly constructed property prices will start to adjust after vp to match surrounding similar property prices and its location, unless is an exceptional piece of construction.

Land and construction cost plus profits determine selling price but freebies and rebates that kill the goose.

If subsale price is attractive and has fallen, why arent buyers entering that market and cont buying from developer ?

And why in some auction, there is only a single bidder when the price is way below snp price.

For my case, is opposite. I won an auction unit at reserved price being a single bidder and is 7% above SnP price for a new vp property this year. And seldom or rare in today auction that the reserved price is equal or above SnP price for new property and attract bidders.

This post has been edited by mini orchard: Oct 25 2022, 08:13 AM

which area? if u bid above 7% SPA price of course no one else will enter to bid, usually wait till the price to drop another 10-20% only will attract more bidders. Do u think u bought it at a fair price? The unit I bid and won 2 years ago was more than 50% below SPA price.