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.

Now also haven’t increased la, it’s still in downtrend. Still a lot of good deals around.
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?

Fair enough haha.
Those are the cash rich holders, they can put whatever price they a want but I doubt people will buy. Except for really super prime areas like city center, most other areas until now is still 20% below the price back in 2015/2016.

But as usual la, unrealistic people expect 80% drop not 20% drop 😂

Any good renovator cum interior decorator aro ? Reasonable price?

Too bad in this country most people won’t pay for quality.

Everything want cheap cheap.

My humble opinion, for now, no. Trading of property has two peak, when economic goes extreme well or bad.
I investigate a few months, right now this period most of the owner started to sell their property due to cash demand. Probably bcos of the economic just start going bad.

1. Due to that, price will slightly float up, but not because of the value and demand of property only, but the demand of cash, which contribute to the MAJOR issue.

2. Another issue is, there is once a trend that most "shifu" and "agent team" teaching the consumer to sapu these properties to become rich. In a short run, price will hike. However, this create the problem of supply (house wanted to sell) more than demand (real buyer wanted to buy for living) in the future.

So, if you are waiting for price falling, wait until the situation that owners need a quick cash to overcome certain bad economic environment or, the confidence of acquire an assest lower.

But right now...I can't see the consumer are worrying bout it as world govs are trying to maintain the doubtful GOOD ECONOMIC SCENARIO....but starting with the Fed Rate and Overnight Policy Rate, which contribute to critical impact to recent property buyers. Another great impact is, property industry from worldwide starting to burst, especially China...so if have cash, only can wait until the things happened...

Ploperty flippers will face reckoning soon. 15 years of non stop printing allowed them to party for so long. Now there's no more moratorium or EPF withdrawals to help them stay afloat.

For those who say material labor cost up, how can ploperty price go down? Just look at US. When nobody buys, the market doesn't give a fuck if your cost has increased. You sell cheap or gulung tikar.