Many boats to Holland.

sure or not...many agent said quickly ride it b4 u miss the boat...alot of buyer...im refering sub sales

If u selling a product do u tell people to wait couple of years so they can get the product u r selling cheaper?

If prop do go up its just coincidence.

This post has been edited by TrialGone: Apr 26 2023, 04:59 PM

Might as well believe Mr Bean. Of course they want to make money, they will tell you all sort of story. Without you buying, they eat sand.

Pretty sure jrshow is one of those guy selling prop and thinking of spreading stupid hype to up their prop. Seeing way too many of these people lately suggesting prop market probably not healthy.

I know of couple lot for sale that has been in limbo since 2021 cause owner refuse to drop.

This post has been edited by TrialGone: Apr 26 2023, 05:05 PM

This should be framed up. Well said.

Been about 9 months since your post. Did you check for your target area of Subang jaya whether transaction price drop?

In case you don’t know can use this to gauge
https://www.brickz.my/transactions/resident...ya/ss18/landed/

the latest update only untill december...not accurate already..

It takes time to update and also depends on whether there are any transactions.

You can still compare vs earlier in the year or past years like 2020 and 2021 if you were monitoring prices.

I find this useful to check the trend of property prices in specific areas, not everywhere is the same.

I just listened to this BFM podcast, around 6:30min the MD of Crest Builder talk about construction cost going up and house buyers need to pay more.

https://www.bfm.my/podcast/morning-run/the-...fixed-contracts

Subsale will automatically adjust pricing up too. This is another reason house prices cannot fall, especially in the high demand area. And thread title specify landed house, worse still, in high demand area it has become limited edition already.

Back to fundamentals.. Its inflation. That drives raw material to go up indirectly the props as well.

Why don't we wind back time and look at the prop prices of early 2000s in subang area.

Hahaha those whom listens to you since 2012 really all go Holland. 11 years man!! Can go back and forth.

Well I don't about what u heard but they do fell. Cause regardless of material cost or inflation or whatnot, it all boils down to supply and demand.

It ain't gonna increase demand if salary remains stagnant and I don't think bank willing to extend loan further than 35 years lol

This post has been edited by TrialGone: Apr 28 2023, 03:29 PM

Yes you’re right I agree it can fall, but in a jagged line that goes up which has been the long term trend for properties in high demand area.
One can wait and possibly buy during a dip in future and best case can buy at same price but most probably end up paying more. Then the property is older, buyer’s age is older, loan tenure shorter and missed years of repayment during productive years.
In reality finding the right house with preferred criteria also takes time, luck and it won’t wait for you.

..... Again demand and supply. The whole problem started cause bank got way too lenient in lending moneys during heydays. I just particularly hate it when seller does fear mongering to resell at higher price.

Case in point, everyone say the same thing about oil price. It can only go up..... Till it crash. 2008 amurica prop crisis, China evergrande, crypto, all freaking same hype.

Inflation is a thing but doesn't explain why prop jump 200% in few years. It's just due speculation plain and simple.

And please la, buying prop so early is the worst advice anyone can make. Ur job is uncertain, u dedicate too much of ur early income to loan repayment till u don't even money to support own family. I see youngster resort to loan shark despite having decent job. Buy when u have financial stability. Don't buy just cause of hype.

Got demand ? Many youngster is going to sg
Interest rate is high now , harder to get loan too, harder to get ROI breakeven for investment.
Wasnt in the podcast the MD also mention one of the KL project they have to reduce the RM psf from 1200 to 800/900 psf. Targetting local.

You’re right about some things here. In a free market surely there’s marketing tactics including fear mongering, speculation and other hidden behind the scenes things.
Now property and other things are priced with the assumption of double incomes compared to generations ago. This is the world now so it’s the reality for a buyer now.
I disagree with don’t buy young because, one, it does help to reduce wastages on unnecessary tobacco, alcohol, coffee, cakes and vices and secondly, one can own their home earlier too.
The right thing to do is to buy the right sized and priced property. And life is not fair, of course those with rich parents who help pay deposit or gift the home can affect others who have more ego than they have cash.
And by this stage all are adults, so it’s not other people’s fault (like developers, bankers, the so called 1%) if we didn’t do our homework and make poor decisions.

Whatever la. I already say my piece. Buying based on ur logic will just accelerate the drop so I don't really mind lol.

One thing I can be confident about..... People never learn from history lol.

This post has been edited by TrialGone: Apr 28 2023, 04:46 PM

In the contrary, most bought post 2014 are under water.

This post has been edited by icemanfx: Apr 28 2023, 04:56 PM

Predictability is not really a bad thing