Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

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

views
     
gashout
post Jul 19 2023, 06:43 PM

⭐ My stars are growing ⭐
*******
Senior Member
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.
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.
*
yup, the winners are

1. banks.
2. developers
3. lawyers

rest lose money.... stamp fee etc....

cash is king.
gashout
post Mar 1 2024, 10:23 AM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(shakku @ Mar 1 2024, 10:02 AM)
Property prices will always go up, inline with inflation provided the location is not terrible.
500k property will be 1mil after 35 years not because it became valuable, but bank's interest of 4% over initial 500k till 35 years.

Most owners will sell it at breakeven, who will want to take loss isnt?

Long time ago, property are used to flip to quick wealth. Now it has become like gold investing, to protect your wealth from sinking further from inflation.
RM10 now is small compared 10 years back.
*
forgot to include interest rate, cukai pintu, this bill, that bill, maintanence fee.

want to know the TRUE return of owning a property?

close to none.

better put money in epf, earn interest.
gashout
post Mar 20 2024, 09:39 AM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(kkkw80 @ Mar 20 2024, 09:36 AM)
Agree, must as well buy a garden home in more prestigious Eco Ardence
*
ecoworld has some decent designs... but their supply also too much, now secondary market is very attractive.

but location is a problem.
gashout
post Mar 20 2024, 04:11 PM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(jrshow @ Mar 20 2024, 11:38 AM)
usj landed property also naik x3...
*
how many years did it take?
gashout
post Apr 15 2024, 10:26 AM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(adam71 @ Apr 15 2024, 10:18 AM)
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.
*
maybe cause it takes 25 years for an adult to be fully functional and able to purchase property?

property only for stay enough, it cannot compete with QQQ return of 270% past 5 years or other US stocks.

gashout
post Apr 15 2024, 10:34 AM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(adam71 @ Apr 15 2024, 10:32 AM)
Yearly we have spm leave 1/2 million......so meaning need 1/4 million house each year......these are adult.
*
How is our saving rates, our financial literacy rates? One unit doesn't only accommodate 2 people, it's usually 5-10 people. and given our majority, it's normal to have 7 people living in one unit.

So divide that by 5 to 7, then yes, it's oversupply
gashout
post Apr 15 2024, 11:41 AM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(A.B.D. @ Apr 15 2024, 11:03 AM)
Make money in stocks to buy dream house rclxms.gif
*
thats why some people end up renting, cause they use their money to generate returns.


gashout
post Apr 16 2024, 09:02 AM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(ayamxxx @ Apr 15 2024, 09:11 PM)
Back then b4 2010, most Lelong house are those very old, broken unit etc. Nowadays Lelong unit even got a "brand new" house at less than a year. Saw plenty for Condo/ Apartment for lelong in KL/ Selangor. Buying too many units following Property Guru games perhaps?
*
No need lelong. Even subscale also cheaper than dev price. Brand new.

Never buy from developer, buy subsale
gashout
post Aug 18 2024, 06:36 AM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(msacras @ Aug 17 2024, 11:25 PM)
It just practically can’t fall.

So much red tapes, materials costs, overheads are contributing to the high cost of construction. You don’t expect developers to sell you properties at a loss.

The best they can do for you is to cost cutting on quality and shrink down the build up per unit so poorer ppl can afford them.
*
Malaysian uncles aunties still hope their kids have 2-5 houses. This really helps the property industry to BBBUUU.

No one ever thinks about opportunity cost, cash flow etc. They rather focus on CNY Deepavali Hari Raya, brag about their new house...Who brags about the 7 digit savings you have?
gashout
post Aug 18 2024, 09:51 AM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(jrshow @ Aug 18 2024, 09:25 AM)
So wat if u hv 7 digits at ur account,the money will be devalue coz high inflation.
*
you invest, and generate far better return than most properties.
gashout
post Sep 21 2024, 05:56 PM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(MalaysiaCEO @ Sep 21 2024, 02:24 PM)
property hoi sei yan ka, dont touch property ya, zhi mou
*
nei zxou meh kam kong...
gashout
post Sep 25 2024, 10:38 AM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(jojolicia @ Sep 25 2024, 10:22 AM)
But you can't deny the fact of having 1 or 2 non movable assets of today's value for your kid's 20 years head start.

No right or wrong, but question is for yourself only or for your next gen?

You still need to hedge right on top of all other variable instruments. Why limit to one and not both classes?

Can you find any house/ shop lot/ land subsale today that is going cheaper in value than 10 years before?

You talk cash flow, opportunity cost at cumulation but wealth preservation is still the end game unless you plan to spend it all on yourself this lifetime.
*
if i want hedge now, i just buy btc long term, i can liquidate it anytime without any fee or cost to it. that is just me.




gashout
post Sep 25 2024, 01:10 PM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(The Retailer @ Sep 25 2024, 11:18 AM)
Which give you zero rental value, and high risk

Bitcoin should be less than 10% of total wealth, except you are a pro in that field.

Rich people don argue which is better, because allllll got different pro cons, so buy all
*
when you have done enough homework, high risk isn't the risk we talk about.


gashout
post Sep 25 2024, 02:23 PM

⭐ My stars are growing ⭐
*******
Senior Member
5,741 posts

Joined: Apr 2019
QUOTE(The Retailer @ Sep 25 2024, 01:27 PM)
So you are pro, wish you all the best! 😬

But anyway, crypto and co still 偏行.

If you old enough and watched 古惑仔, the taiwanese mafia head told 山鸡

“Politicians treat them like 尿兜,during dark it is convenient, but during the day, 尿兜 又脏又臭”

So, don all in, cash out some every now and then.

If it is 100% right now, one day it shall be 10% only in all your investment assets.
*
I read a very interesting book. On how boomers trillions wealth gonna be to other gens hands. Wonder if that cause a shift in how the young allocate their funds . It's worth a thread itself.

 

Change to:
| Lo-Fi Version
0.0507sec    0.43    7 queries    GZIP Disabled
Time is now: 28th November 2025 - 01:05 PM