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

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Questions12345
post Oct 24 2022, 05:24 PM

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Dont think will and never will. The trend is always uptrend since malaysia independence day for landed properties.

Either u get low cost housing or top up to get landed for better yield on investment. Condos are the worst money trap now




This post has been edited by Questions12345: Oct 24 2022, 05:27 PM
Questions12345
post Oct 24 2022, 07:04 PM

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QUOTE(icemanfx @ Oct 24 2022, 06:21 PM)
You missed out economic recession in mid 1980's and AFC.
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The point is landed property value is still on an uptrend. Those crisis didn't make landed cheaper. Future crisis will not as well.
Questions12345
post Oct 24 2022, 07:13 PM

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QUOTE(icemanfx @ Oct 24 2022, 07:10 PM)
In the long term, residential value rise at about inflation rate.
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It's usually higher than inflation rate. 8-10%. Otherwise it's not worth investing in properties if it's about the same unless your objective is hedging against inflation.
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post Oct 24 2022, 08:34 PM

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QUOTE(mezanny @ Oct 24 2022, 08:02 PM)
i think condo prices will fall, because there is just too much supply

but for PJ houses, Bandar utama, Bangsar, Damansara Heights, Damansara Perdana, their prices will continue to soar, because no developer is building any landed double storey link house except in Shah Alam and Klang (in Kv)
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Ya but dont expect condo prices to fall much. And also depending on area. Some condo prices just stay stagnant for years even when supply of condos go up. Some would drop a little. Some would continue to go up like condos in gurney area(prime area). I live in penang and that's what I have been seeing in penang. Not sure about KL or selangor. I got a condo bought almost 10 years ago for rm400k. It was so easy to rent at RM3k- RM 3.5k a month. After 10 years to now should be atleast rm6k a month right? Nope. Drop to around rm 2.5k. Conclusion is dont buy condos for now.
Questions12345
post Oct 25 2022, 02:38 AM

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QUOTE(elimi8z @ Oct 25 2022, 01:04 AM)
Expecting Penang kondo getting same rental like KLCC/Mont Kiara? Penang ppl isap too much factory exhaust liao
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My condo in prime area la... in georgetown. Very close to Gurney also and the heart of georgetown. 1k sqft only. Used to rent to jap expats who are working in bayan lepas since bayan lepas don't have many condos. Now condos there are mushrooming like crazy and hurting the condo rentals and prices in whole of penang.
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post Oct 25 2022, 06:39 PM

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QUOTE(mezanny @ Oct 25 2022, 06:23 PM)
ur one is fully furnished ?

but condo after 15 years, I think price will go down because here, the maintenance of condos are very bad.
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