My bitcoin from 3k usd up to 64k at its peak within 1 year.

Now drop a bit already buy im still 7x up.

You help me calculate?

Good for you.

How many times a day you check the charts and your coin wallet? 😂 Still staying with parents or every year have to nego with owners on rental rate? Since your investment so liquid, no happily go holiday on a moment's notice? No be digital nomad? 😂

Once every 2-3 days.

Staying in landed house. Boughted before pandemic and got a good deal doing reno during pandemic coz contractors are out of jobs.

Nope, I have a demanding full time job.

Digital nomads… not the kind of life I want.

Then you should understand buying the right property at the right price for own stay would be a positive expense for OP in a long run

Is the price of landed will drop? - Not really, most of us seen the price increasing time to time...

During covid, did the property price became cheaper? - Not really, the bank only lowered their interest rates. For rumawip, a RM300k house get 3.3% +- for full loan(RM300k). For 90%(RM270k) loan get 2.8% with maybank, yes one of my clients get that interest rates. For non rumawip or selangorku like condo or landed, interest rate were like 3.5%+ if not mistaken depends on amount and bank, can't really remember. Now the interest rates increased, going to 3.7%++ or you can check this online.

Conclusion is, I think the chances of housing price dropping are slim as population are growing day by day. Plus the government offering affordable houses like rumawip or selangorku, then no more lock down for now(I really hope the government won't initiate another lock down) and everyone can get back to work. Bank nowadays also strict on approving housing loan, at least on my parts, not sure about other real estate agent though.

will the property for landed willl fall soon?especially now?plan to grab some great deals..

Property websites now come with transacted price feature, not just the syok sendiri advertised ones. From a few that I’ve been seeing, they’ve reduced by some 20-30% from advertised.

This post has been edited by toos99: Nov 2 2022, 07:23 PM

I bought a transactional report for my taman (about 800 units of superlink and semi-d cluster and semi-d) before buying another recently. There's no drop since the beginning in 2004 until now. Only during MCO the increment is smaller. Other than that, it just go up and up.... I bought the report because I just want to make sure I don't overpay compared to what has been transacted.

whatever the case is....

i think these days due to MCO, ukraine war, etc etc etc...we've seen a lot of volatile market swings. We will never know what would happen next.

My advice ? Sell whatever old condo property you have, to cut your losses, and keep the cash to prepare...

prepare for what ?

if these type of volatile swings happen, then you have the ability to grab good bargains at cheaper prices whether they be landed properties, stocks, bitcoin, etc etc.

If a real volatile swings were to happen in msia, how many are brave to buy property, stock etc. Keeping cash may not be safe also.

Many lost money in gloves counter after mco. Is even bad to buy properties since is high capital investment.

they lost money in gloves counter, because they bought the stock when it was at its peak.

and some even failed to sell the counter in time, when they don't bother to study the industry trends, that China is cutting a share in the market.

True story, I have seen some bigwigs appearance from the gloves industry. They announce in news and interviews that the gloves industry is going to recover or rebound. But when I see their faces, its full of frustration and uncertain future that they can't hide.

In investments, nobody can predict the peak or the bottom. Investors buy on assumption that it will cont to rise or sell when it will fall.

Many would want to max profits or reduce losses and keep holding on to it.

And if ever racial conflicts were to happen in msia, i think it will be worst than may 13. Maybe a bottle of 5kg cooking oil will cost 1k.

This post has been edited by mini orchard: Nov 3 2022, 09:45 AM

Can pm share your report?

you can compare price last 5 years. If you see it at minimum, is time for grab.

I give one example, my friend bought a lot of USD, when Ringgit was 3.1 to USD. He in fact took a lot of risks, he moved all his savings to USD.

Now he enjoice.

May I know where to buy these reports?
Are you referring to the JPPH reports/Brickz
Or are there other sources where it’s possible to buy the records. I’d appreciate if you can share the contacts please

JPPH. The last I heard is RM1 per transaction.

rm 1 per transaction? if i want to c 1 yr, lets say got 70 transaction happen, so i need to pay 70?

Yes. But am not sure now they impose minimum charge. It wont be too expensive thou.

Brickz is good enough for normal user. Is the same info from jpph minus the property address, seller and buyer name.

Bought from Brickz for RM30 for a taman. The date starts from the origin of the taman. My email is all over the document, so I'm not sharing unfortunately.

It has road name, house type and land built up size. So that pretty much give you what you need to know. Of course you can't know things like whether it was never occupied before or renovated before. I also notice unit price is only higher if it is renovated extensively. And it has graphs too, LMAO!

This post has been edited by contagiouseddie: Nov 3 2022, 12:10 PM

Ok thanks, yes I was just checking on the source. The report itself is less important because I’m looking at different type of property.