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

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submergedx
post Aug 28 2022, 11:47 PM

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No it wont, Malaysia property price are dirt cheap. It wont crash.
submergedx
post Aug 29 2022, 12:13 AM

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QUOTE(scorptim @ Aug 26 2022, 02:32 PM)
After 2008, the next dip is now la. Already dip 20-30% compared to 2015/2016. How much more of a dip you expecting?
Already fall unless you are blind or in denial.
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Depends on what project you bought.
I bought in 2017 and the paper gain are still 20% on to date according the figure from buyer demanding price tag.
submergedx
post Aug 29 2022, 12:22 AM

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Fall yes? for some certain goreng unwisely projects. But for overall it wont crash.
submergedx
post Aug 29 2022, 11:22 AM

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QUOTE(icemanfx @ Aug 29 2022, 10:29 AM)
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.
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I am not wanting my property to appreciated sky rocket in this very harsh time.
Atleast the appreciation are better than those property which plunge 30% under market rate right now.

Besides, yes it is transacted price.
It's all depends.
submergedx
post Aug 29 2022, 11:25 AM

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QUOTE(icemanfx @ Aug 29 2022, 10:29 AM)
Cheap relative to income, foreign country?
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Have you ever heard your surrounding friends who in his/her 30s doesnt own any property?
Those who bought, are on their ways buying 2nd and 3rd.
Expensive?

Work harder on your job then.
submergedx
post Aug 29 2022, 11:34 AM

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QUOTE(icemanfx @ Aug 29 2022, 11:29 AM)
Many are trapped in mortgage prison; loan interest rate rise by 1% could flip some into distress.
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The one who trapped, are either no better in financial decision, or just pure speculator.
Of course it will burden, but it wont caused u to go lelong the house because of the 1% interest hike right?

The interest rate are in expected since few months ago, if you're not ready for it, starbucks or haidilao every weekend, of course u deserve the lelong.
Or if you can't afford the 1% interest rate hike, think twice to own a property then.
submergedx
post Oct 28 2022, 09:50 AM

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I visit lowyat since 2013. They are questioning "why the property price so high will it drop?" until today. My unit bought in 2017 has asking price 20% than my SPA price today. Drop? Depend on what/where you bought perhaps.


submergedx
post Oct 28 2022, 04:52 PM

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QUOTE(icemanfx @ Oct 28 2022, 04:40 PM)
Asking price is often syok sendiri, mostly significantly higher than transacted.
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It's okay. Your arguement doesnt change my statement towards "Malaysia Property Market will fall soon".
submergedx
post May 22 2023, 10:02 AM

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QUOTE(clyeoh1980 @ May 22 2023, 08:50 AM)
talk to property agent, they said unless that area is not develop, then the house price will drop, if not it will keep on increase. what your guys think ?
i am referring to bandar tasek mutiara....
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More demand, price up lo
less demand, throw auction lo

how to define demand? a lot factors la, environment, project, developer, amenities, transport, school etc

when comes to property purchasing, you dont need general datas to decide your product
because every product are unique and different USPs
Just buy at your comfort price with your desire home
submergedx
post Jul 6 2023, 10:06 AM

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To be honest i dont see there's important to fall or not after 45pages discussion. What is the purpose to discuss price fall or not?


submergedx
post Dec 11 2023, 12:07 PM

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QUOTE(clyeoh1980 @ Dec 11 2023, 11:59 AM)
Covid 2.0 is around the corner, what happen now exactly the same happen in end 2019. just that now it happen on the kid/children. will it be MCO again ?
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No

 

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