QUOTE(scorptim @ Jul 19 2022, 10:50 AM)
Bro don’t bother la, there’s a lot of people who are in denial and trying to cover up the fact that property prices have been on a downtrend since 2017-2018 until now. If you compare against prices in 2015-2016, most areas landed subsales market price have easily fallen by around 20% only the super prime areas are not affected.
Those other so called “prime” areas like SS2, Damansara, Subang, PJ all already drop la. Example ss2, back in 2015 you can never find any landed props for less than 1m and mostly we’re selling around 1.2m. Nowadays you can easily find owners selling for 900k+ and sometimes even 800k++. Subang selling around 900k++ in 2015 now a lot are selling for 700k++ That’s a 10-20% drop right there. Of course you also need to be realistic la, don’t expect a drop above 30% for landed.
New projects prices won’t go down as developers have enough cash to build and hold and there’s always waterfishes around.
yeah correct, imo property memang is going down now and it's undeniable
for ppl that can't afford, u can't afford doesnt mean it's not going down, just that the amount is not up to ur expectation so u feel like "it's not going down"
if u try to look for more outskirt place like balakong, seri kembangan, kajang, for normal landed property that landsize 16xx sqft, the price is around 500k, or below