Property is the worst investment now, not sure why agent still want to promote about capital appreciation nowadays. Own stay yes but for investment fk no

The cost may be going up, if no transactions, property developers/sellers who need cash will still offload it. First by reducing margin, if not, then by taking a small loss. The cost is almost irrelevant. It's like saying cost of mining bitcoin is very high end of last year so the price will definitely not drop. Well, we all know what happened there.

In all seriousness, unless you are blind you should notice since 2016 until now property prices have already been falling. Most areas already drop by around 20-30% from the peak price in 2015. So I really dunno what further fall or how much fall you guys are expecting before you guys willing to buy.

Mark my words, this downtrend will not be forever. Max until end 2023 only then prices will start going up again. If you miss this cycle downtrend be prepared to wait another 5-10 years for the next downtrend and even then prices will be more than the current downtrend price.

You see the comments in this thread la bro. So many don’t even acknowledge there has been a price drop. Dunno what they expect Rm1 mil house to drop until below 300k before they consider it a price drop?

I am talking about your silly comparison of using a bitcoin which is just gambling to compare with the price of a house.

A house is essential for people to live in, bitcoin    is not essential (it's for rich people to gamble).

A house will not drop much because it's essential , inflation rate is high now so it's silly to drop so much.

Unless you have many houses and can afford to lose money, people usually do not want to sell their house at a loss (taking into account the inflation rate).

People who sell houses at a loss is a minority and not the majority.

As long as the majority don't want to sell at a loss, the price of houses will stay stable due to increasing inflation and higher cost of building a new house.

Just because 1% sell at a loss, it will not affect the overall market.

I did not imply nobody, so stop putting words in my mouth!

I said usually most people do not want to sell at a loss especially when houses are essential unlike Bitcoin or stock.

If one person sell at below market rate, if the other sellers maintain the price and there is demand, how will it drag the asking price? lol

If the price of all houses drop, it's the fault of the government and the banks who cannot control the economy.

Look at Singapore, did the price of house drop there? Did the Singapore currency drop as drastically as in Malaysian ringgit?

So we know who to vote for this coming election.

Stop talking nonsense, I will not answer you anymore and put you in my ignore list.

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.

maybe in future condos got a value.

but currently, condo > 15 years very less value.

why ? because new condos are mushrooming everywhere, next to my condo already got few new development projects.

if you want to sell at same price or more, who want to buy, when they can get new one nearby ?

unlike landed property selling like hot cakes, because developer build less and less and those in PJ or bangsar or tmn tun are prime locations. They are basically weatherbell against inflation.

but i think one day all the building will stop.

when Msia become like HK no more space to build.

but not now.

will it fall ....??