U can invest anytime if you have the extra money. Largely depend on your own financial situation. Nobody can predict the future.

There is no right time to buy a property. There perhaps was a sliver of added opportunity during Covid when business opportunities were lower. You have to consider your goals with available opportunities at the time. Even then, the aftermath of Covid still presents many buying opportunities at the expense of others misfortune. But that’s the way it goes - real transference of wealth always has a winning and losing party.

Buying direct from a developer is like buying direct from a retail shop, rarely is it good value. If you want real good value, then you gotta go the factory outlets, clearance sales etc. Same principles apply for property given that high rises particularly are just a seasonal product.

This post has been edited by Cavatzu: Nov 3 2022, 03:56 PM

If own stay. Is your financial status makes the call.

Unless you can confirm or guarantee your investments can give you a near or 5 digit return per month then you don't need a property, just rent entire life

This post has been edited by elimi8z: Nov 3 2022, 11:04 PM

yes it is good to invest now, if u hold long term.. and PPR price not so outrageous like most condo.. if u can afford why not go ahead.. 5 years time definitely will appreciate

Like all investable assets, there is time to buy, hold, sell and abstain.

Until poorperly overhang is reduced substantially, price will remain suppressed. Poorperly price rise slower than loan interest and expenses incurred is a financial losses or under water.

Leverage amplify profit as well as losses. Historically, rising interest rate and liquidity tightening will reduce demand and vv.

This post has been edited by icemanfx: Nov 4 2022, 04:28 AM

If you look at the forums about 8 years ago, everyone seemed to expect average unit prices to be above 1k psf but it hasn’t happened of course save for blue chip areas. In that case, prices have pretty much stagnated since then and in some cases regressed with developers building smaller and more densely.

There’s definitely good opportunities to buy but be smart about it and pick wisely. For investment, you need to be even more on the ball with the figures.

If you’re a first home buyer now compared to back in 2015, you’re in a much better position. Those who dipped their toes back in the day most likely are carrying an equity loss if not lost their property because prices were sky high and supply is not like how it is now.

This post has been edited by Cavatzu: Nov 4 2022, 08:15 AM

Based on the FED and recession, I would say its a buyer market now. More and more property will be let go at fair price rather than inflated price if you are patient and wait until 2023

Material cost increased, Labour cost increased too...in future maybe the same price can only get smaller unit, just my opinion

Its not opinion, its factual.

The funny part with ppl here, i demand gaji tinggi so&so, but in denial to accept his/her gaji is part of the costing to the value chain.

This post has been edited by jojolicia: Nov 4 2022, 10:25 PM

I will say the best timing to buy property have 2, one is 10year ago. And another one is now when your loan profile is ready and doing enough homework.

Materials cost and labour cost increase have zero impact on completed or subsale poorperly. over 80% napic transaction is subsale.

if one die die must buy overpriced new unit then no one could help you.

Yes.

And i wonder if subsale property is benched to kangkung price index in your logic?
You now try buy a free market 10 year old property (2012) of then purchased price, then only talk

Or you now want try to buy the then 30 year single storey landed rumah murah (public housing) sold then at rm25k. There are many still standing (tho many renovated, till like rumah murah istana, some even 2-sty now)

I doubt if you understand valuation

This post has been edited by jojolicia: Nov 4 2022, 06:49 PM

Yes indeed, valuation is the key to a transaction.
Price of a house is based on the perceived value.
Willing buyer, willing seller.

I have been seeing you repeating this over and over, all over the forums.
Let me be frank with you- it’s not zero impact. You are wrong.

Let’s assume that for a particular location, a recently VP condo A was around 400K - SPA price.
Due to price hike in materials and labors, a new condo B, directly beside condo A has to now be priced around 500k - assume the land title, unit sqft, facilities are the same for both condo.

Now let me ask you - as a buyer, will you get a 400k condo A assuming you have enough for the DP and fees? The answer is yes. If you say no, there will be others fighting to buy and it will probably be sold at 450-460k.

And there you go - easily 10% rise in price. You have to understand valuation - it is a key to transactions.

The moment you pause and then ask whether good time to buy or not, interest rate also raise. Then soon material price also increase, and then property price also raise.

So ask yourself whether still a good time to pause and ask those question? Instead of bite the bullet and just get it.

This post has been edited by lewissac: Nov 4 2022, 09:38 PM

to be honest if you got money then anytime is the best time haha

if got hair nobody wanna be baldy

you wan forkout 100k cash to buy a 500k subsale (downpayment legal fees & rennovation) or save the 100k to buy a new property of SPA price 600k selling at future value of 50k-60k extra with fully furnish?

ownstay maybe yes, investment wise i doubt forking out 100k on property is a good investment, I rather pay 10-20k max for a new property and remaining 80k into EPF

In bold basically is a cost effect that translate to the value chain.

Does one think in particular highrise resi (commercial title) shot up from 450 to 700 (base band index), high and higher density plot ratio for no reason?

The red tapping pass down cost is one. If you know, you will know what i mean in the new Mix Income Living urbanisation module

This post has been edited by jojolicia: Nov 5 2022, 03:55 PM