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Will you think the property market will fall soon?, will the landed property fall in 2024?
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wow1wow2
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Jul 15 2022, 08:11 AM
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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
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wow1wow2
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Jul 15 2022, 11:02 AM
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I'm actually ok if they promote it as a form of rental income but gone were the days for capital appreciation and personally I think property price won't drop alot but it will get adjusted or stagnant for quite some time. I think investor still can enter secondary market or auction for investment since this is still the safest way to go against myr depreciation (cash inside bank become peanut yo).
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wow1wow2
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Aug 17 2022, 06:43 PM
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My area in Klang the property is increasing like crazy so I'm really curious which area is dropping now
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wow1wow2
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Aug 24 2022, 05:36 PM
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QUOTE(mushigen @ Aug 21 2022, 10:50 AM) As I said, not everyone can avoid selling house at a loss. As long as someone sells a house below market price, the market value will fall. If one is desperate to let go (refer to my point about being botak), he will have to lower his asking price. And the vicious cycle continues. Of course in Fantasyland, nobody is desperate to sell his house so the price won't fall. Are you living in Fantasyland? It's untrue. If only a small fraction is selling below market price due to emergency circumstances the market value wouldn't fall. The reason I'm saying this is because I am in property line for 10 years, I have seen property being sold below mv for 10percentile and the property next to it is sold at mv 2 months later.
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