I do agree with u also... in next 10 years, Gen X which is the first group who migrate from Kampongs to Klang Valley will reach retirement age. Most like they will sell their house/units (go back to hometown) or maybe passaway. So, in the next 10 years there will be too many vacant subsale unit available in market. Remember, we are not Singapore. In Spore they dont have option but to remain in same house same area until die thats why in Spore property is crazy and always up up up. But in Malaysia, we can move and live outside Klang Valley at certain age. Malaysians have options. House in other states are still cheap and can live in landed house.

Again, oversupply of new highrise development kills subsale market.

I make survey around Setapak and Wangsa Maju, a 15 years old condo but still looks nice units with size 1500 to 1800sqfeet fully nicely renovated, listed for sale only for RM600k to RM700k! Imagine those who buy from developers in same area on newly developed condo size 950sqft priced at RM600k already, in next 5 to 10 years that 950sqft unit the price will go down to Rm350k highest considering there are abundance of competition with older condos with bigger sqfeet.

I dont understand why buyer opt to buy 950 ~ 1000sqft for 600k from developer but not buy 1500sqft for RM600k ~ 650k of subsale unit in same area. The only reasons I can think is they dont have saving for downpayment and lawyer/stamp duty cost.

mostly funny comments. One of my condos I remember when I purchased it subsale rental in the area was 1800 then i got 1900. Then covid time I increase increase till 2100. Now im renting out at 2600 because all the gen Z selling their houses and moving to Kampung

With the current pricing strategy use by developer, buyer leave with almost no meat to eat. Like the donkey work hard to fork out own money and bearing huge loan just to feed developer, bank, and subsidized tenant. Those always selling with good location and facility, sure charge with exorbitant price. So who is winner and who will be loser in this game?

One young relative last weekend just share his story on how he manage to rent out his unit with high rental. He bought a unit with cash back, then use the cash back to do renovation, so his unit is outstanding compare to most others, and able to rent out with good price. But the funniest thing is he still need to cover for almost 500 for maintenance, his mum told me 800 indeed which I don't know who is correct.  i saw the photo that he show uncle, well renovated but I am just thinking, now he can't even break even, not to say depreciation incur on his renovation. Next time when want to find new tenant, can be maintain the same price? His good theory is all property prices go up in long run so he can rent out with higher price in next two years. To him he still feel he did wise choice as other unit only can rent 1.9-2k, he can rent 2.8k. But if the tenant buy his own unit and use cash back for same renovation, his monthly installments is abt 3.5k.

So I really don't know how the youth think nowadays, lol. His argument is he paying very little now, for the tenant to cover the rest of instalment, after 35 years, mean when he come to 50, he can have disposable income, and future value sure very good because of "TOD". But his mum told me transacted price drop almost 100k upon vp, maybe due to 80k cash back . So one question come to my mind, in last five years any "TOD" project's sub sale price goes up? Like cheras, macam can't see any condo increase in value, even my friend's unit youcity bought for investment also struggling. Simply because entry price is too high

Uncle still believe more in stock. This is one of my old good memory during MCO.

Anyway, recently uncle just learn how to buy fix fund offer by PNB through tng, very convenient, expect for 4% div enough for uncle already, always play safe