Building materials price movement has zero impact on completed poorperly. Over 85% of residential is in subsale market. If one insisted to buy overpriced new launch unit is deserved to pay water fish price.

Developers charge premium price for added amenities and landscaping. By reducing unnecessary amenities and landscaping, developers could reduce RM PSF price.

As most bought poorperly with bank loan. Price rise slower than loan interest and expenses incurred is a financial losses e.g price stagnant.

There could be substantial difference between asking, market, valuation and transacted price. Asking price is often syok sendiri and quoted by uuu.

Historically, rise in loan interest rate will tip overstretched borrowers into npl, incentived them to offload at below market price.

Many still ignorance to poorperly overhang. Until overhang is reduced substantially, price will remain suppressed.

Poorperly is illiquid, unlike commodities, stocks, BTC, etc, poorperly price takes years to bottom.

This post has been edited by icemanfx: Jul 15 2022, 04:11 AM

Building materials price rise only affects poorperly yet to build or launch, which is less than 10% of total stock.

Those die die must buy these overpriced new launch are deserved to pay water fish price.

When loan interest rate is high enough, inflation rate will drop.

Foreclosure price is often cheaper than market value.

This post has been edited by icemanfx: Jul 17 2022, 02:57 PM

According to wealth reports, only about 4% of adults in this country have over USD 100k net worth.

Poorperly is not the only investment opportunity available. Buy poorperly like vegetables or for their children is few and far in between.

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

Poorperly is illiquid, price take years to bottom. As most bought with bank loan, price rise slower than loan interest and expenses incurred e.g price stagnant is a financial losses.

This post has been edited by icemanfx: Jul 17 2022, 07:40 PM

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

It doesn't take many low transacted price for valuers for give low valuation.

Poorperly price rise slower than loan interest and expenses incurred is a financial losses.

In the long term, residential poorperly price rise at about inflation rate.

Cheap relative to income, foreign country?

20% price change over 5 years may or may not cover loan interest and expenses incurred. besides, transacted price could be significant lower than asking price.

Similarly, discount, rebate, cash back, etc given by developer.

Many are trapped in mortgage prison; loan interest rate rise by 1% could flip some into distress.

Poorperly overhang is a fact, population growth slowing down is a fact, fewer migrants from outstation is a fact, country becoming ageing nation by 2030 is a fact, elevated household debts is a fact, overhang in subsale is a few times of developers is a fact, many dsr is unsustainable is a fact, rising loan interest rate is a fact, liquidity tightening is a fact, more number of residential units than number of family in KV is a fact.

One could defy gravity temporary, and will eventually face reality.

This post has been edited by icemanfx: Aug 29 2022, 08:56 PM

Car price was controlled by miti, price wasn't permitted to be cheaper to protect potong

Most if not all bought poorperly with bank loan, poorperly price rise slower than loan interest and expenses incurred is financial losses. Besides many subsales transacted lower than developer's price.

This post has been edited by icemanfx: Sep 10 2022, 06:40 PM

https://m.facebook.com/Selangorauctionproperty/?__tn__=C-R

Asking price could be substantially different from valuation and transacted price. Have price no market is syok sendiri price.

This post has been edited by icemanfx: Sep 10 2022, 10:08 PM

Those bet on poorperly likely to have bet on glove shares and crypto during loan moratorium period, and most are trapped at high floor.

Poorperly bought in 2014 after considering loan interest and expenses paid is likely under water in current market sentiment.

This post has been edited by icemanfx: Sep 10 2022, 07:33 PM

Many landed units is blocked by developer's staffs and agents, and claimed sold but almost always units available.

It doesn't need many over stretched flippers to suppress price in any condo.

This post has been edited by icemanfx: Sep 10 2022, 10:00 PM

“We will observe a globally synchronized housing market downturn in 2023 and 2024,” said Hideaki Hirata of Hosei University, a former Bank of Japan economist who co-authored an International Monetary Fund paper on global house prices. He warns the full impact of this year’s aggressive rate hikes will take time to play out for households.

https://www.bloomberg.com/news/articles/202...rest-rates-hike

party

This post has been edited by icemanfx: Sep 12 2022, 04:01 PM

Still below pre COVID-19 level, what burden?

***


***
A-1-13A Impian Heights Aprt, puchong

Reserve price🔥🔥RM 268,000🔥🔥
1281sf Auction: 31/10/22 freehold
***

Selangor Auction Property

Selangor Auction Property