this country is not sg nor PRC.

When basic car cost RM 1m, USD 1 > RM 100.

Contemporary history is available for reference, don't need to dream.

This post has been edited by icemanfx: Aug 4 2023, 06:26 PM

Bro, during his “time”, across the sea JB also “boom”……my friend father bought few condo/apartment, 30 years later, property price either same or lower than his initial purchase. Rental fallen also, last time it was “decent” as Jap/Kor now no more or much less liao…

Sg is an exception, not a rule…

This post has been edited by evangelion: Aug 4 2023, 06:14 PM

Bro, can share with noob a few tricks/where/know how like any specific website etc??
What to look out for, pit fall??

so now the property price is up?or down? with all sorts of black swam going around the sky..

In Penang, most of the properties increased by 10% for this year, so if the demand is not good.

Developers will give more rebate to reduce their price, this is what happen in June 2020. I grab one after developer reduced 20%.

My advice is boycott them first, what the developers offering is the price in 2025, so we wait them to reduce their profit margin and looking for RM800k house (tough market) now.

Covid 2.0 is around the corner, what happen now exactly the same happen in end 2019. just that now it happen on the kid/children. will it be MCO again ?

No

Lock down 2.0? Can the current coffers afford it after 1.0 "set go" so many questionable precedences?

I doubt so

This post has been edited by jojolicia: Dec 11 2023, 12:53 PM

lock down 2.0?i think no, in future just everyone have to be infected if any new covid variant came out

[KUALA LUMPUR] The majority of property agents in Malaysia say they are upbeat about the real estate sector’s outlook for 2024, with many anticipating that residential prices and rentals will increase in the next 12 months.

This was one of the key findings from a new survey by IQI, a global real estate agency network that’s also a member of Malaysia-based technology group Juwai IQI. A total of 203 agents and negotiators took part in the poll that was conducted from Nov 1 to Nov 22.

In a report accompanying the survey findings that was released on Tuesday (Dec 5), IQI noted that nine in 10 respondents (91.1 per cent) would advise a friend to buy a property, with the remaining 8.9 per cent suggesting that people should rent instead.


“The buy–rent ratio reveals strong confidence in the real estate market,” said Kashif Ansari, the co-founder and group chief executive of Juwai IQI who’s also the group CEO of IQI.

He noted that the numbers are nearly as lopsided in Kuala Lumpur and Selangor as they are country-wide, with 88.8 per cent for buying versus 11.2 per cent for renting.

He made the point that agents may recommend buying because they expect significant increases in both sales prices and rents in 2024.



***For those dont want to buy, here is the result for u***

[KUALA LUMPUR] The majority of property agents in Malaysia say they are upbeat about the real estate sector’s outlook for 2024, with many anticipating that residential prices and rentals will increase in the next 12 months.

This was one of the key findings from a new survey by IQI, a global real estate agency network that’s also a member of Malaysia-based technology group Juwai IQI. A total of 203 agents and negotiators took part in the poll that was conducted from Nov 1 to Nov 22.

In a report accompanying the survey findings that was released on Tuesday (Dec 5), IQI noted that nine in 10 respondents (91.1 per cent) would advise a friend to buy a property, with the remaining 8.9 per cent suggesting that people should rent instead.


“The buy–rent ratio reveals strong confidence in the real estate market,” said Kashif Ansari, the co-founder and group chief executive of Juwai IQI who’s also the group CEO of IQI.

He noted that the numbers are nearly as lopsided in Kuala Lumpur and Selangor as they are country-wide, with 88.8 per cent for buying versus 11.2 per cent for renting.

He made the point that agents may recommend buying because they expect significant increases in both sales prices and rents in 2024.

Have you ever hear r.e agents is not upbeat of next year poorperly market?

This post has been edited by icemanfx: Dec 12 2023, 09:58 AM

then here is the interesting part, u r not optismistic on it...but many new launch in usj selling as hot cakes, and per SQ is 750 ringgit...

If you are in the poorperly game long enough would know every new launch sell like hot cake, >75% sold.

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

This post has been edited by icemanfx: Dec 12 2023, 10:36 AM

Boss, any luck in finding your landed Subang property?

Glenmarie Shah Alam seems like a nice area also for landed and near to PJ

sure have luck...but very hard to get good deal now..if as per said iceman..if the property that bad...i cant even find a very great price now...sekijap alr rampassssssssssssssss /graaaaaaaaaaaaaaaaaaaaaaaaaaaaaaabbbbbbbbbbbbbbbbbb by the people...so crazyyy

also nvr hear u upbeat about any asset since 2010. Siao liao

Not true, just that no point sharing.

This post has been edited by icemanfx: Dec 12 2023, 02:59 PM

ya...alr 13 years saying property burst la etc...untill now i just saw the price naik and naik shj...so how many years u want to say property burst?30 years? 40 years?

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

most of those bought in the last 10 years are underwater.