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.

The prices of landed property, especially those in good location is less likely to fall too much.

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.

I am interested with what you mean properties for certain businesses. What kind of business you are referring to?

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.

Y dont invest bro

Will you think the property market will fall soon?
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?

have you seen any new house property development in Klang valley ? how many ? maybe far far away like Elmina.

Supply vs demand bro.

if condo, maybe price will fall

but not house, price there will always be sky high.

bro, have u look into subsales market? there's plenty of landed property selling way below so called "market price"

and it's even cheaper than the new project now as labour and material cost is increasing

how much more cheaper ?

loan so hard to approve

no surprise

but they are still damn expensive

for poorfag like me

subsales also must think about renovation

maybe scared off would be buyers

bro, have u look into subsales market? there's plenty of landed property selling way below so called "market price"

and it's even cheaper than the new project now as labour and material cost is increasing

Bro don’t bother la, there’s a lot of people who are in denial and trying to cover up the fact that property prices have been on a downtrend since 2017-2018 until now. If you compare against prices in 2015-2016, most areas landed subsales market price have easily fallen by around 20% only the super prime areas are not affected.

Those other so called “prime” areas like SS2, Damansara, Subang, PJ all already drop la. Example ss2, back in 2015 you can never find any landed props for less than 1m and mostly we’re selling around 1.2m. Nowadays you can easily find owners selling for 900k+ and sometimes even 800k++. Subang selling around 900k++ in 2015 now a lot are selling for 700k++ That’s a 10-20% drop right there. Of course you also need to be realistic la, don’t expect a drop above 30% for landed.

New projects prices won’t go down as developers have enough cash to build and hold and there’s always waterfishes around.

how much more cheaper ?

loan so hard to approve

no surprise

but they are still damn expensive

for poorfag like me

subsales also must think about renovation

maybe scared off would be buyers

You talking about subsale not auction. Subsale you can go and check everything in the house first and find one that doesn’t need renovation. Please lah stop with the renovation fear mongering as if every subsale prop die die must renovate.

Loan hard to approve? As long as you have downpayment the loan approval for new launch or subsale is the same. If you qualify, you qualify.

if u loan for amount of 500k oso hard to approve, son i have a bad news for u, even banks think that u shouldn't own property

to get a subsales unit that's not prime area like KL/PJ/Subang, include 10% down payment + basic renovation u need 100k cash, if u dun even have 100k, i dun think u r suitable to own a property