Welcome Guest ( Log In | Register )

59 Pages « < 2 3 4 5 6 > » Bottom

Outline · [ Standard ] · Linear+

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

views
     
Steponlego
post Jul 16 2022, 10:34 AM

Enthusiast
*****
Junior Member
936 posts

Joined: Sep 2013
Without government interventions, yes it will fall.

But no government of the day want it to fall. Various countermeasures will be deployed, discounts, rebates, 1st time buyer scheme, you name it. And so it stays.
Omgf
post Jul 16 2022, 10:34 AM

Casual
***
Junior Member
392 posts

Joined: Jul 2009


QUOTE(ry8128 @ Jul 14 2022, 08:47 PM)
Property will never ever drop. At most it is stagnant. Even a worldwide pandemic in 2020 unable to bring it down, what makes u think inflation or economy crisis will bring it down?
*
Who ever thought that Russia and Ukraine will have a war?
How about mini potato country on the map and its neighbour countries?
David900924
post Jul 16 2022, 10:45 AM

Crypto Master
******
Senior Member
1,269 posts

Joined: Dec 2005
From: Sibu, KL


Why would property drop, it own by banks, banks will hav gov to help to boost property market when there low sales. If property drop badly, bank shares will suffer badly as well. Usually it is the b40 market tat hav poor sales.

This post has been edited by David900924: Jul 16 2022, 10:47 AM
HikayatSalju
post Jul 16 2022, 12:18 PM

Enthusiast
*****
Junior Member
773 posts

Joined: Oct 2021
Expect property price drop is like expecting inflation to reverse.
icemanfx
post Jul 16 2022, 05:02 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(HikayatSalju @ Jul 16 2022, 12:18 PM)
Expect property price drop is like expecting inflation to reverse.
*
When loan interest rate is high enough, inflation rate will drop.

HikayatSalju
post Jul 16 2022, 05:08 PM

Enthusiast
*****
Junior Member
773 posts

Joined: Oct 2021
QUOTE(icemanfx @ Jul 16 2022, 05:02 PM)
When loan interest rate is high enough, inflation rate will drop.
*
Inflation rate drop just mean price stop increasing. Impossible for price go back down.
Boomwick
post Jul 16 2022, 05:31 PM

Enthusiast
*****
Junior Member
992 posts

Joined: Mar 2019
600k
Go to 750k

Then balik 650k

For those byy 750k.. is drop lo

For those 600k.. still no drop
Chrono-Trigger
post Jul 16 2022, 06:33 PM

BY SELF ONE IS DEFILED AND PURIFIED
*******
Senior Member
4,308 posts

Joined: Aug 2013
QUOTE(Dingdongcc @ Jul 15 2022, 10:31 PM)
Perhaps people who over leverage will sell cheap, as interest rates are going up, living cost go up. Not everybody can sustain multiple properties.
*
i know of a person with > 10 properties
Chrono-Trigger
post Jul 16 2022, 06:34 PM

BY SELF ONE IS DEFILED AND PURIFIED
*******
Senior Member
4,308 posts

Joined: Aug 2013
QUOTE(Steponlego @ Jul 16 2022, 10:34 AM)
Without government interventions, yes it will fall.

But no government of the day want it to fall. Various countermeasures will be deployed, discounts, rebates, 1st time buyer scheme, you name it. And so it stays.
*
if too desperate open market for foreigners, last card
Dingdongcc
post Jul 16 2022, 08:15 PM

Getting Started
**
Junior Member
174 posts

Joined: Apr 2020
QUOTE(Chrono-Trigger @ Jul 16 2022, 06:33 PM)
i know of a person with > 10 properties
*
My relatives have more than 10 too, seem to be alright. Not everybody will be able to sustain tho if more people can’t afford to rent. For example my relative told me she has one condo near Klcc, pre pandemic renting out 4.5-5k a month, now only renting 3.5k. Which means monthly need to fork out more than 1k. Not huge sum for them but imagine if it’s multiple properties. Cash flow very important
Chrono-Trigger
post Jul 16 2022, 08:26 PM

BY SELF ONE IS DEFILED AND PURIFIED
*******
Senior Member
4,308 posts

Joined: Aug 2013
QUOTE(Dingdongcc @ Jul 16 2022, 08:15 PM)
My relatives have more than 10 too, seem to be alright. Not everybody will be able to sustain tho if more people can’t afford to rent. For example my relative told me she has one condo near Klcc, pre pandemic renting out 4.5-5k a month, now only renting 3.5k. Which means monthly need to fork out more than 1k. Not huge sum for them but imagine if it’s multiple properties. Cash flow very important
*
I think it can be very dangerous to hold to so many properties.

1-2 properties can already be headache for many people with rental chasing etc....
icemanfx
post Jul 16 2022, 09:52 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(HikayatSalju @ Jul 16 2022, 05:08 PM)
Inflation rate drop just mean price stop increasing. Impossible for price go back down.
*
Foreclosure price is often cheaper than market value.

R231_SL65_AMG
post Jul 16 2022, 10:37 PM

Casual
***
Junior Member
325 posts

Joined: Feb 2022
I used to be an avid property investor and speculator.

Klang valley and most urban area properties are no longer good investments unless you bought them pre-2010.

Cash flow? Nope. There isn’t any positive cash flow properties you can invest in any longer. Most are too expensive and rental rarely ever covers cost of ownership and maintenance.

Capital appreciation? Nope, most Klang valley properties are in stagnation and if you have a brickz account you’ll know that the secondary market isn’t moving all that much. Inflation however is eating into the value of your wealth.

Is it still a viable investment? Oh it depends, I own several old aged care homes and recently opened a confinement centre, if I didn’t buy the property then these businesses are at the mercy of a landlord. It’s a decent instrument if you’re fairly young and using it as a means for retirement or saving for your kids higher education, yes there are many better instruments but don’t bullshit yourself that you understand these instruments all that well as you’re probably not Warren Buffett.

Is it a good time to buy? It’s a buyers market now but it’s a good time to buy a nicer place for own dwelling. A decent time to buy something for each of your kids if you’re not planning on sending them overseas. It’s also a fantastic time to invest in property for certain business needs.

But the absolute best type of property you could invest in are freehold agriculture land that doesn’t have any type of ownership restrictions. If you find a piece of it especially if it has water and electric infra in place you better quickly snap it as soon as possible.
icemanfx
post Jul 17 2022, 02:55 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(R231_SL65_AMG @ Jul 16 2022, 10:37 PM)
I used to be an avid property investor and speculator.

Klang valley and most urban area properties are no longer good investments unless you bought them pre-2010.

Cash flow? Nope. There isn’t any positive cash flow properties you can invest in any longer. Most are too expensive and rental rarely ever covers cost of ownership and maintenance.

Capital appreciation? Nope, most Klang valley properties are in stagnation and if you have a brickz account you’ll know that the secondary market isn’t moving all that much. Inflation however is eating into the value of your wealth.
*
This post has been edited by icemanfx: Jul 17 2022, 02:57 PM
SUSAccord2018
post Jul 17 2022, 03:20 PM

Time Will Tell !!
*******
Senior Member
9,617 posts

Joined: Aug 2015
QUOTE(David900924 @ Jul 16 2022, 10:45 AM)
Why would property drop, it own by banks, banks will hav gov to help to boost property market when there low sales. If property drop badly, bank shares will suffer badly as well. Usually it is the b40 market tat hav poor sales.
*
as long as still got crude oil to sell, the price would not drop. Only if the economy collapse then only will sell it cheaper.


galkelly
post Jul 17 2022, 03:51 PM

Enthusiast
*****
Junior Member
752 posts

Joined: Jun 2012
Even rain dont drop these day....not to mention property.
forever1979
post Jul 17 2022, 05:28 PM

Look at all my stars!!
*******
Senior Member
2,854 posts

Joined: Jul 2013


when come to buy, easy, but when come to sell, very hard


wawasan2200
post Jul 17 2022, 05:32 PM

Getting Started
**
Junior Member
189 posts

Joined: Sep 2019
will not drop because someones will take actions to prevent that

propeert is owned by rich peopl

rich people will take action to protect their wealth and most importantly they are able to do that because they can influence policies makers

the powderful power and wealth relationship

go back to simple demand supply relationship

currently supply is higher than demand,

in long term, the rich will ask the poor to produce more
rezeki

in short term, will target overseas buyers like investor and retiree as cost of living in Malaysia us actually cheap


T20 from other countries will come Malaysia
local, local upper tier remain T20, lower tier T20 fall to M40, lower tier M40 fall to B40

if Malaysia go bankcrupt
lower tier t20 and below all die
upper tier T20 eg: sri lanka president can escape from shithole


thickface
post Jul 17 2022, 07:16 PM

Getting Started
**
Junior Member
170 posts

Joined: Mar 2008
Last time used to think property will drop price like every other market which always have up and down trend.

Covid trend - the prices did drop a little but did not collapse. Now I'm in the property investment game and I can say it's dictated by the rich. You don't buy, you lose out or just be happy with whatever condition that you are in - condo/normal house unit. Lots of people will continue buying for their next generation and I kid you not, they goreng property like we buying clothes.

Honestly, the only way to earn from property crash is via others misfortune which is auction unit. Nonetheless, do your research first because majority people just buy via uncle aunty and parents advice. Hold your money until a good investment place come along or just buy via feelings and earn even more to dictate your lifestyle.
icemanfx
post Jul 17 2022, 07:26 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


According to wealth reports, only about 4% of adults in this country have over USD 100k net worth.

Poorperly is not the only investment opportunity available. Buy poorperly like vegetables or for their children is few and far in between.

Until poorperly overhang is reduced substantially, price will remain suppressed.

Poorperly is illiquid, price take years to bottom. As most bought with bank loan, price rise slower than loan interest and expenses incurred e.g price stagnant is a financial losses.

This post has been edited by icemanfx: Jul 17 2022, 07:40 PM

59 Pages « < 2 3 4 5 6 > » Top
 

Change to:
| Lo-Fi Version
0.0280sec    0.49    6 queries    GZIP Disabled
Time is now: 9th December 2025 - 08:33 PM