QUOTE(cms @ Jul 14 2022, 05:57 PM)
There's a similar thread which has been tracking property prices since 5-8 years ago.
More active there.
Share the link please?More active there.
Will you think the property market will fall soon?, will the landed property fall in 2024?
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Jul 6 2023, 03:27 PM
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432 posts Joined: Dec 2010 |
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Jul 7 2023, 03:09 PM
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255 posts Joined: Aug 2010 |
cant really see any properties prices falling now also..
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Jul 7 2023, 03:20 PM
Show posts by this member only | IPv6 | Post
#903
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1,902 posts Joined: Sep 2012 |
QUOTE(Aaron212 @ Jul 6 2023, 03:14 PM) those prop that fall in price were often sold at wayyyy over inflated price well saideither due to mega dev maybe high cashback over supply condo units in certain area where demand havent keep up yet generally land will always appreciate over time in relation to inflation might not win inflation tho but just need 1 nice flood in your area and wipe out your land price |
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Jul 18 2023, 02:43 PM
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#904
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2,182 posts Joined: Nov 2011 From: Alpha IT Shop |
really cannt c any fall now, even condo also no fall
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Jul 19 2023, 07:51 AM
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2,399 posts Joined: Jun 2007 |
last done deal in a certain area was for RM1.46mil...was RM1.2mil last year.
yahoooo! |
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Jul 19 2023, 09:30 AM
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1,911 posts Joined: Feb 2016 |
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Jul 19 2023, 10:47 AM
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324 posts Joined: Feb 2012 |
Well my in my circles all the prop from 5-8 years back were transacted in a loss, condo mostly.
EV1 20x60 sold at just sold as 700k 2nd prop, earn much? Tekan calculator then know liao. I still dont understand even knowing the prices are artificially inflated , ppl are still rushing in to buy, only to be trapped by the loan or sell at a loss. |
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Jul 19 2023, 01:30 PM
Show posts by this member only | IPv6 | Post
#908
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759 posts Joined: Jan 2003 |
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Jul 19 2023, 01:38 PM
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1,911 posts Joined: Feb 2016 |
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Jul 19 2023, 02:27 PM
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1,223 posts Joined: Nov 2017 |
Never seen Malaysia property market fall. Special cases yes. But market fall never. It will HOLD at worst. Fall also places you don't want to stay.
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Jul 19 2023, 04:50 PM
Show posts by this member only | IPv6 | Post
#911
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318 posts Joined: Jan 2010 |
sudah satu tahun. drop mana drop? naik ada la
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Jul 19 2023, 05:56 PM
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47 posts Joined: Apr 2020 |
Seems like it will never fall. Including standard living as well.
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Jul 19 2023, 06:43 PM
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#913
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5,741 posts Joined: Apr 2019 |
QUOTE(Donchay @ Jul 19 2023, 10:47 AM) Well my in my circles all the prop from 5-8 years back were transacted in a loss, condo mostly. yup, the winners areEV1 20x60 sold at just sold as 700k 2nd prop, earn much? Tekan calculator then know liao. I still dont understand even knowing the prices are artificially inflated , ppl are still rushing in to buy, only to be trapped by the loan or sell at a loss. 1. banks. 2. developers 3. lawyers rest lose money.... stamp fee etc.... cash is king. |
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Jul 20 2023, 03:07 PM
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#914
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All Stars
21,456 posts Joined: Jul 2012 |
Faith that interest rates would stay low forever fostered a “fool’s paradise,” according to former Bank of England boss Mervyn King. Nowhere is this more obvious than in the unraveling of the global real estate boom, which is now turning into bust as prices start to fall around the world. Fair enough: After so much speculation and overvaluation amid an undersupply of new homes, a healthy correction is exactly what a lot of societies need. https://www.bloomberg.com/opinion/articles/...l-prove-painful A recent deal offers a glimpse into what distressed sales can get. The Goldin Financial Global Centre sold for HK$5.6 billion to investment firms after two years of trying, way shy of its estimated value of as much as HK$16.5 billion. https://www.bloomberg.com/news/articles/202...they-can-t-sell SHANGHAI -- Prices for existing homes in China are tumbling even in major cities as an influx of sellers and a dearth of buyers undermine the once-unquestioned assumption that the market would only keep growing. Zhang Li (not her real name), an employee at a Shanghai law office, experienced this downturn firsthand. Eyeing a move into a larger home for her four- and 10-year-old daughters, she put her Shanghai apartment up for sale last August for 4.98 million yuan ($690,000). Though the 2004 property is on the old side, it sits in a good location a half-hour drive from Hongqiao International Airport and the major railway station nearby. But the apartment failed to attract buyers. At her real estate agency's recommendation, she kept cutting the asking price by between 50,000 yuan and 100,000 yuan at a time. By the time a prospective buyer emerged in May, it had fallen to 4.46 million yuan. "It finally sold after I took 520,000 yuan off the initial price," Zhang said. That forced her to borrow more on the mortgage for her new home. https://asia.nikkei.com/Business/Markets/Pr...sellers-rush-in |
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Jul 20 2023, 03:33 PM
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2,182 posts Joined: Nov 2011 From: Alpha IT Shop |
QUOTE(icemanfx @ Jul 20 2023, 03:07 PM) Faith that interest rates would stay low forever fostered a “fool’s paradise,” according to former Bank of England boss Mervyn King. Nowhere is this more obvious than in the unraveling of the global real estate boom, which is now turning into bust as prices start to fall around the world. Fair enough: After so much speculation and overvaluation amid an undersupply of new homes, a healthy correction is exactly what a lot of societies need. that is different country, i dont think malaysia will allow high interest ratehttps://www.bloomberg.com/opinion/articles/...l-prove-painful A recent deal offers a glimpse into what distressed sales can get. The Goldin Financial Global Centre sold for HK$5.6 billion to investment firms after two years of trying, way shy of its estimated value of as much as HK$16.5 billion. https://www.bloomberg.com/news/articles/202...they-can-t-sell SHANGHAI -- Prices for existing homes in China are tumbling even in major cities as an influx of sellers and a dearth of buyers undermine the once-unquestioned assumption that the market would only keep growing. Zhang Li (not her real name), an employee at a Shanghai law office, experienced this downturn firsthand. Eyeing a move into a larger home for her four- and 10-year-old daughters, she put her Shanghai apartment up for sale last August for 4.98 million yuan ($690,000). Though the 2004 property is on the old side, it sits in a good location a half-hour drive from Hongqiao International Airport and the major railway station nearby. But the apartment failed to attract buyers. At her real estate agency's recommendation, she kept cutting the asking price by between 50,000 yuan and 100,000 yuan at a time. By the time a prospective buyer emerged in May, it had fallen to 4.46 million yuan. "It finally sold after I took 520,000 yuan off the initial price," Zhang said. That forced her to borrow more on the mortgage for her new home. https://asia.nikkei.com/Business/Markets/Pr...sellers-rush-in |
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Jul 20 2023, 03:35 PM
Show posts by this member only | IPv6 | Post
#916
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21,456 posts Joined: Jul 2012 |
QUOTE(dudester @ Jul 19 2023, 02:27 PM) Never seen Malaysia property market fall. Special cases yes. But market fall never. It will HOLD at worst. Fall also places you don't want to stay. QUOTE(shin-yee @ Jul 19 2023, 05:56 PM) You never experience doesn't mean it never happen. |
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Jul 20 2023, 03:42 PM
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#917
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21,456 posts Joined: Jul 2012 |
QUOTE(jrshow @ Jul 20 2023, 03:33 PM) When supply > demand, price will drop no matter which country.If bnm doesn't raise interest rate sufficiently high, rm will devalue further, inflation will maintain at high level, the economy will likely follow the same path as turkey, pakistan, sri lanka, lebanon, venezuela, etc. |
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Jul 20 2023, 06:20 PM
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751 posts Joined: Jun 2012 |
QUOTE(Aaron212 @ Jul 6 2023, 03:14 PM) those prop that fall in price were often sold at wayyyy over inflated price You see bandar Bukit raja flood over and over also price didn't fall.either due to mega dev maybe high cashback over supply condo units in certain area where demand havent keep up yet generally land will always appreciate over time in relation to inflation might not win inflation tho but just need 1 nice flood in your area and wipe out your land price Subsale still selling over 730k++... Developer launching also above 800k++... |
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Jul 20 2023, 08:15 PM
Show posts by this member only | IPv6 | Post
#919
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1,773 posts Joined: Dec 2013 |
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Jul 20 2023, 10:43 PM
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#920
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395 posts Joined: Mar 2011 |
You guys need to think ahead. Why banks keep give loans to developer till the end of the world. Eventhough banyak lagi rumah sedia ada tidak terjual. Semua ni lancau tuan tuan. Rumah lelong also increase everymonth. Crazy
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