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

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SUSNew Klang
post Aug 19 2022, 08:09 PM

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Usually agents advertise price lower than market to attract buyers enquiries and collect contact numbers.

When called, houses have just been sold off
SUSNew Klang
post Sep 23 2022, 09:52 PM

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Buy to renovate and stay

Don't buy to fry
SUSNew Klang
post Oct 27 2022, 07:55 AM

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The property I sold 4 years ago is now at a higher price
SUSNew Klang
post Oct 29 2022, 02:15 PM

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QUOTE(icemanfx @ Oct 29 2022, 12:21 PM)
For reasons only about 4% of adults in this country have over USD 100k net worth.
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QUOTE(tikaram @ Oct 29 2022, 01:41 PM)
Yes we hear alot from you on this point d. Keep recycle

Any fresh points?
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How many percent of them who didn't invest in properties at the right time when they should have and missed the boat?
SUSNew Klang
post Oct 29 2022, 02:46 PM

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QUOTE(icemanfx @ Oct 29 2022, 02:44 PM)

many poorperly buyers are highly indebted.
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I invested 10% down payment for poorperly, took loan and sold the house for 600% gain
SUSNew Klang
post Oct 29 2022, 03:11 PM

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QUOTE(icemanfx @ Oct 29 2022, 02:50 PM)

Possible during 2011-2015 but not currently.
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You missed the 2001-2015 boom?
SUSNew Klang
post Oct 29 2022, 03:18 PM

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QUOTE(icemanfx @ Oct 29 2022, 03:17 PM)
Sold two units during that period.
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,,💪
SUSNew Klang
post Oct 29 2022, 04:15 PM

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QUOTE(icemanfx @ Oct 29 2022, 03:17 PM)
Sold two units during that period.
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You should

If you hold your investment in the 2 condo now, probably they are half price
SUSNew Klang
post Oct 31 2022, 08:27 AM

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QUOTE(contagiouseddie @ Oct 30 2022, 07:13 PM)
I think money making from property has passed in Malaysia. I bought my Setia Alam unit for 400K in 2008. It is currently rated around 900-950K. New launches by SP Setia is around that price but a lot smaller and not gated too. The increment of the property price is not that steep anymore to the point it cannot cover the miscellaneous fees that some of you have pointed out here for new property. But this doesn't mean price will drop, it will only increase in a smaller gradient. Unless you buy a unit at some ulu unknown area that suddenly become big in the near future (just like Setia Alam as example in 2004), chances that such huge increment hardly can happen. The demand is there as I get plenty of of inquiry from agent to sell all the time but not sure if this hold true for high rise.
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SetiaAlam is a gem, must keep holding to pass on to your kids.
SUSNew Klang
post Oct 31 2022, 09:03 AM

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Don't be like icemanfx, buy 2 units of condo at axis ampang and lose money
SUSNew Klang
post Oct 31 2022, 09:32 AM

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QUOTE(jojolicia @ Oct 31 2022, 09:02 AM)
Buy into a good township development early if you want value.
Can still remember buying SA when the sales office was at jln meru side, they drive us in 4x4 to view the first D18 phase at the very end of the dirt road.
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That time I focused on buying freehold landed in PJ Damansara, should be better than Klang Shah Alam
SUSNew Klang
post Oct 31 2022, 02:03 PM

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QUOTE(icemanfx @ Oct 31 2022, 11:15 AM)
Don't push your words to me.
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QUOTE(Fenix98 @ Oct 31 2022, 01:43 PM)
But his advise always sounds goodin....

2 unit condo lembu still ok...

8 landed yo
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QUOTE(jrshow @ Oct 31 2022, 01:57 PM)
no wonder he is so discouraged...
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Cool story but close
SUSNew Klang
post Nov 3 2022, 09:23 AM

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QUOTE(contagiouseddie @ Nov 2 2022, 07:29 PM)
I bought a transactional report for my taman (about 800 units of superlink and semi-d cluster and semi-d) before buying another recently. There's no drop since the beginning in 2004 until now. Only during MCO the increment is smaller. Other than that, it just go up and up.... I bought the report because I just want to make sure I don't overpay compared to what has been transacted.
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Can pm share your report?
SUSNew Klang
post Nov 3 2022, 05:07 PM

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QUOTE(icemanfx @ Nov 3 2022, 01:04 PM)
Poorperly is not the only investment option available. like all investible assets, there is time to buy, hold, sell and abstain.

during price uptrend, everyone is hero and invincible, only after the tide turned will tell who was swimming naked. herd members and meme tend to follow price uptrend, blinded by greed, ignoring warning signs and treating different opinion as noise.

many failed to realize, leverage amplify profits as well as losses.
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TBJMM

 

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