Feb 28 2024, 04:18 PM
QUOTE(zup @ Jan 17 2024, 06:54 PM)
Ayam think houses price will drop, as it been dropping now.
Many unsold houses. Yes all those materials are expensive and to make those houses is expensive, hence the houses price is expensive.
but, those house has no buyer. sape je yang mampu beli (since most of malaysian is M40/B40.
Ayam think house bubble is max bubble already. Its either bubble is meletup or the bubble maintain its max bubble. Cant go higher.
This is only my opinion. Real answer, need to see investigate and charts...
current price very inflated + take home income not so much = people are deterred against buying. Many unsold houses. Yes all those materials are expensive and to make those houses is expensive, hence the houses price is expensive.
but, those house has no buyer. sape je yang mampu beli (since most of malaysian is M40/B40.
Ayam think house bubble is max bubble already. Its either bubble is meletup or the bubble maintain its max bubble. Cant go higher.
This is only my opinion. Real answer, need to see investigate and charts...
there's a reason why people are willing to live in shoeboxes before; its the only affordable range for b40 / m40 back then. now even those shoeboxes are 400k+. anything below 300k, you're looking at dengkil / kuala selangor or wherever the hell else advertised as "15 minutes drive to xxx" on a good day lol.
only people with purchasing power to buy these are t20s, and they aren't looking to buy if no growth potential. (why bother with shoeboxes when no one wants to rent)
This post has been edited by luxollidd: Feb 28 2024, 04:20 PM
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