Will you think the property market will fall soon?, will the landed property fall in 2024?
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 Apr 15 2024, 10:18 AM
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#1
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88 posts Joined: Dec 2021 
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QUOTE(icemanfx @ Mar 1 2024, 11:15 AM) Residential value rise at about inflation rate in the long term. However, due to excessive price rise in 2011-2014, believe current price yet to return to long term trend. Wondering why supply side is very low each year...only about 80K.... compare with 1/2 new born added......but the demand side is not picking up.....0.25 million new house needed yearly. This post has been edited by adam71: Apr 15 2024, 10:18 AM |
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Apr 15 2024, 10:32 AM
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#2
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88 posts Joined: Dec 2021
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QUOTE(gashout @ Apr 15 2024, 10:26 AM) maybe cause it takes 25 years for an adult to be fully functional and able to purchase property? Yearly we have spm leave 1/2 million......so meaning need 1/4 million house each year......these are adult....but the supply side 2020 to 2023.....each year only have 50-80k yearlyproperty only for stay enough, it cannot compete with QQQ return of 270% past 5 years or other US stocks. This post has been edited by adam71: Apr 15 2024, 10:33 AM |
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Apr 15 2024, 11:18 AM
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#3
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QUOTE(icemanfx @ Apr 15 2024, 11:05 AM) How many people to a household? What about existing stock? What was population growth 30 years ago? What about those parents bought their children or inheritance? I take my relative as the example here.....old retired stay in Penang...kids move to KL for work ( rent rooms)......late married move out .....to their own unit. 300k/400k......some remain single stay ....stay alone ( another own stay unit) |
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Apr 15 2024, 11:23 AM
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#4
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QUOTE(icemanfx @ Apr 15 2024, 11:21 AM) Is your relatives average or typical of the general population? Typical....I also saw it around my circle friends/ neighbour family in kampung baru serdang here....most married own to their own unit.....rent or buy.......single also move out ....for peace of mind. |
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