Don't buy this year, buy next year, sure drop kaw2
Been saying that since 1990s so it must be true
Will you think the property market will fall soon?, will the landed property fall in 2024?
Will you think the property market will fall soon?, will the landed property fall in 2024?
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Jul 15 2022, 06:11 AM
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#41
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Senior Member
4,319 posts Joined: Jan 2007 From: Johor Bahru |
Don't buy this year, buy next year, sure drop kaw2 Been saying that since 1990s so it must be true xCM and HolyCooler liked this post
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Jul 15 2022, 06:52 AM
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#42
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Junior Member
291 posts Joined: Jan 2005 |
If opr keep going up then maybe prices will fall.
But then 6ou would have to pay more also. |
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Jul 15 2022, 07:44 AM
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#43
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All Stars
10,092 posts Joined: Jan 2003 From: Sarawak |
It won't fall. The worst is price remains static.
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Jul 15 2022, 07:53 AM
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Senior Member
1,022 posts Joined: Dec 2011 |
QUOTE(jrshow @ Jul 14 2022, 02:59 PM) Will you think the property market will fall soon? people will just tank it forever.Especially landed property ,hot cake area like subang jaya? after the increasing on interest, inflation, covid..nvr endless issue in future.. if you have cash, will you go and buy the landed property to invest now? Remember people that bought the properties are probably done making multiple buckets of gold with strong financial saving that going to pass on to the next generation. For them, it is not about the price, it is about passing the assest to the kids. For those who bought at the expensive price during peak, probably will never sell it cheap. Hold it forever and live on. Those that selling actually from auction or those that need urgent money(bankrupt soon, etc). So price not going down anytime soon. Unless there is a major breakdown in economy. hunt3r87 and HolyCooler liked this post
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Jul 15 2022, 08:06 AM
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Junior Member
26 posts Joined: Dec 2021 |
Malaysia property blessed by those work in Singapore. It won't drop sharply cause we have lot of cash rich feller
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Jul 15 2022, 08:11 AM
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Junior Member
271 posts Joined: Sep 2009 |
Property is the worst investment now, not sure why agent still want to promote about capital appreciation nowadays. Own stay yes but for investment fk no
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Jul 15 2022, 08:36 AM
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#47
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Senior Member
1,632 posts Joined: Dec 2013 |
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Jul 15 2022, 09:47 AM
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Senior Member
1,123 posts Joined: Jul 2020 |
QUOTE(jrshow @ Jul 14 2022, 02:59 PM) Will you think the property market will fall soon? The prices of landed property, especially those in good location is less likely to fall too much.Especially landed property ,hot cake area like subang jaya? after the increasing on interest, inflation, covid..nvr endless issue in future.. if you have cash, will you go and buy the landed property to invest now? The cost of buying will be higher due to increasing interest and inflation, and this might affect the rental yield for the owner. If i have cash, i might not buy a landed property to invest now. |
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Jul 15 2022, 10:43 AM
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Senior Member
1,199 posts Joined: Dec 2013 |
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Jul 15 2022, 10:48 AM
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Senior Member
4,502 posts Joined: Jul 2010 |
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Jul 15 2022, 10:51 AM
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Senior Member
1,199 posts Joined: Dec 2013 |
QUOTE(wow1wow2 @ Jul 15 2022, 08:11 AM) Property is the worst investment now, not sure why agent still want to promote about capital appreciation nowadays. Own stay yes but for investment fk no U take them seriously? Of so many types of agents, property agent is least trained n least pro. Any unemployed /housewives can bcum agent overnight. 1 day course nia… or hide behind a senior with ren#. Then bank on luck by making random cold colds. |
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Jul 15 2022, 11:00 AM
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Senior Member
1,123 posts Joined: Jul 2020 |
QUOTE(TiramisuCoffee @ Jul 15 2022, 10:51 AM) U take them seriously? It is time for the gov to regulate the real estate industry. Low entry barrier into this industry will cause many problems for consumers.Of so many types of agents, property agent is least trained n least pro. Any unemployed /housewives can bcum agent overnight. 1 day course nia… or hide behind a senior with ren#. Then bank on luck by making random cold colds. |
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Jul 15 2022, 11:02 AM
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Junior Member
271 posts Joined: Sep 2009 |
I'm actually ok if they promote it as a form of rental income but gone were the days for capital appreciation and personally I think property price won't drop alot but it will get adjusted or stagnant for quite some time. I think investor still can enter secondary market or auction for investment since this is still the safest way to go against myr depreciation (cash inside bank become peanut yo).
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Jul 15 2022, 11:11 AM
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Senior Member
1,199 posts Joined: Dec 2013 |
QUOTE(wow1wow2 @ Jul 15 2022, 11:02 AM) I'm actually ok if they promote it as a form of rental income but gone were the days for capital appreciation and personally I think property price won't drop alot but it will get adjusted or stagnant for quite some time. I think investor still can enter secondary market or auction for investment since this is still the safest way to go against myr depreciation (cash inside bank become peanut yo). Buy fr secondary market safest. In case half way thru developer x deliver ( like current China cases). Pay abit more 4 something ady exist better than bank on getting it 3-5 yrs down d road! V nvr know! Yeah, with hyperinflation, money in bank is worthless. Property bot will eventually terus appreciate after depression. |
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Jul 15 2022, 11:12 AM
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Senior Member
1,199 posts Joined: Dec 2013 |
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Jul 15 2022, 09:42 PM
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Senior Member
1,968 posts Joined: Nov 2011 From: Alpha IT Shop |
I dont think the market will drop..since the goverment come out n help already...
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Jul 15 2022, 10:31 PM
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Junior Member
171 posts Joined: Apr 2020 |
Perhaps people who over leverage will sell cheap, as interest rates are going up, living cost go up. Not everybody can sustain multiple properties.
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Jul 15 2022, 10:57 PM
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Junior Member
122 posts Joined: Mar 2022 |
QUOTE(TiramisuCoffee @ Jul 15 2022, 11:11 AM) Buy fr secondary market safest. In case half way thru developer x deliver ( like current China cases). Pay abit more 4 something ady exist better than bank on getting it 3-5 yrs down d road! V nvr know! I think many here who cite rising construction cost and high in demand are just looking at 1 of the many factors that drive the property prices. But they forgot about another key factor - affordability Yeah, with hyperinflation, money in bank is worthless. Property bot will eventually terus appreciate after depression. Of course it is more secure and many pros to buy subsale, I believe the mass is not that they don't want but they simply can't. Let's say a condo or a landed in KV is between 500k-1m, and look at how much is the average saving in our EPF, and gauge that how many ppl can afford 10% do + lawyer fee etc. You may say some are self-explored, and it is not accurate, again they are not the majority. TiramisuCoffee liked this post
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Jul 16 2022, 09:46 AM
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#59
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All Stars
20,795 posts Joined: Jul 2012 |
Building materials price rise only affects poorperly yet to build or launch, which is less than 10% of total stock.
Those die die must buy these overpriced new launch are deserved to pay water fish price. |
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Jul 16 2022, 10:16 AM
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#60
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Junior Member
797 posts Joined: Jun 2005 |
Iceman and gang have been predict their stupid property bubble implode theory since donkey years
But...... Anyway just accept that you can't afford property so continue renting ja |
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