QUOTE(Boomwick @ Aug 4 2025, 08:16 PM)
Nilai also comes under KL South π¬property price down, many bosses wanna dispose
property price down, many bosses wanna dispose
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Aug 4 2025, 08:32 PM
Show posts by this member only | IPv6 | Post
#101
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All Stars
48,551 posts Joined: Sep 2014 From: REality |
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Aug 4 2025, 08:47 PM
Show posts by this member only | IPv6 | Post
#102
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Senior Member
5,756 posts Joined: Jan 2003 From: Sri Kembangan |
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Aug 5 2025, 09:29 AM
Show posts by this member only | IPv6 | Post
#103
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Junior Member
207 posts Joined: Oct 2014 |
QUOTE(Gabriel03 @ Aug 4 2025, 06:55 PM) I beg to differ. I assume that you have put in a lot of work in the property investment and disappointed in the results. However, while a property is a investment for you, it is a necessity for many others. I do agree property is a necessity, but I believe most people here are discussing from Investor perspective. Those overhang projects are either wrong products especially soho, sovo, sofo or wrong price or wrong location which I'll never touch. I believe that the government didn't intervene enough and let market focus on short term gains over long term gains. That's the main reason for property overhang and a mismatch between supply and demand. If the government has planned better like SG government, then more people can afford housing and can still earn from property investment. Even the affordable houses are not selling like hot cakes nowadays, you can find many agents are selling them. Because those lower income group need a basic apartment without fancy facilities. The swimming pool, number of security guards, beautiful landscape, etc requires high maintenance fee which can easily reach rm300 per month. How long is considered long term? Imagine if you bought a condo 10 years ago and now you are promoted as a manager, you decide to sell for upgrade but gov build an affordable apartment nearby which is newer and have better facilities. I know someone who is not an investor sold her own-stay condo at lower price and treat the loss as rental paid coz she really wants to sell and move to landed house. What's more interesting is that there service apartment which has affordable units. Imagine if you bought a mampu milik unit and your manager also bought a unit in the same apartment at normal price π . I disagree gov didn't intervene enough, they just did it wrong, just like what you said "If the government has planned better like SG government". P.s. I'm talking about klang valley, not sure about what's happening in other states. |
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Aug 5 2025, 09:35 AM
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204 posts Joined: May 2016 |
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Aug 5 2025, 12:53 PM
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403 posts Joined: May 2015 |
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Aug 5 2025, 01:32 PM
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Senior Member
2,553 posts Joined: Feb 2016 |
KUALA LUMPUR, Aug 5 β Kuala Lumpur City Hall (DBKL) aims to provide up to 762,500 housing units by 2040, in line with the direction of the Kuala Lumpur Local Plan 2040 (PTKL2040), which focuses on the well-being of urban residents.
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Aug 5 2025, 02:50 PM
Show posts by this member only | IPv6 | Post
#107
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Junior Member
527 posts Joined: Feb 2019 |
Now the market back to normal, the previous bull run in 2009 to 2015, all properties just up regardless location. After this wave, the property price increment rate drop, either stagnant. Until today, for all the price increment from past 20 years, overall the property market reach the current limit already, i think that is few reasons 1) all liar guru dismiss d, lesser guru promoting the overvalue property to those "buyer" 2) market lack of free money , i.e most of the people have no much free money in the account. 3) less of potential buyers , mostly already bought by themselves or by their parents, next generation worryless to own a property 4) market awardness - many investor learn a lesson of they bought wrong property before 5) high commitment for current new comer. Most of them no own any property, but high commitment in lifestyle and car, and maybe still owe the personal.loan or credit card loan due to overspend to enjoy life, therefore their profile unable to get the housing loan. Therefore, market back to normal, investors no longer simply buy the unit, they will really study and buy a good unit based on location and real market price. The other group of current property buyer is upgrader, mostly they will upgrade to better location or better house type. So the matured and good location, the house price still good. For landed in matured area, especially terrace, corner and semi D, still able to sell.at good price, the price also still increasing but not sharp like previous. Now property trend is not like previous, last time most of the property have the same trend, can not all up. For investor, they will more careful to study before purchase, therefore only good potential subsales still have good price trend. So, can not just use few area properties price trend to judge all property. Some area, the price still increasing. Some area still overprice, the seller asking price is still high, but transaction rate is low. Some area like semenyih, that area still many empty land, do not over expect the subsales can selling in your ideal price This post has been edited by chainyong: Aug 5 2025, 02:51 PM 6996 liked this post
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Aug 5 2025, 03:36 PM
Show posts by this member only | IPv6 | Post
#108
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Junior Member
115 posts Joined: Aug 2020 |
it depends on location but condo nowadays very hard to have capital appreciation anymore
landed of course still have but depends on location, those landed at semenyih u wanna sell also not easy second hand condo the hardest to sell unless it is very unique location for instance the whole area only got 1 condo that kind of unique location |
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Aug 5 2025, 05:09 PM
Show posts by this member only | IPv6 | Post
#109
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All Stars
48,551 posts Joined: Sep 2014 From: REality |
QUOTE(ahkit123 @ Aug 5 2025, 01:32 PM) KUALA LUMPUR, Aug 5 β Kuala Lumpur City Hall (DBKL) aims to provide up to 762,500 housing units by 2040, in line with the direction of the Kuala Lumpur Local Plan 2040 (PTKL2040), which focuses on the well-being of urban residents. So which Developers would benefit from all this affordable housing projects??Let's tikam2... AK still in the game?? Or new players took over now π¬ |
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Aug 6 2025, 06:42 AM
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Junior Member
438 posts Joined: Oct 2008 From: Goblintown |
QUOTE(icemanfx @ Jul 31 2025, 09:53 AM) Until poorperly overhang is reduced substantially, price will remain suppressed. there are more idling/overhang units in the subsale market than primary. can those bulltards back their claims with data ? oh "iherng" says property bull run just started. LMFAO, do zoomers want to own a property ? I don't think so, the % of parents of willing to pay for the fees/inheritance vs majority of zoomers cab afford. Millennials are so washed lol as a superstitious chinese, the era of prime RE just ended last year 2024. Slowpoks don't realize yet, wait until their uPNL hit harder then they will panic sell at one time prolly later in 2027. Macro data not supporting iirc, the banks and the RE agencies stats.given the country will become ageing nation in a few years time, demand is unlikely to spike anytime soon or later. some banks have suffered losses from overpriced/cash out on subsale units, margin of finance on some subsale units will be reduced. instead of financing market value e.g will finance up to forced sale value instead. many failed to realize, poorperly price rise slower (price stagnant) than loan interest and expenses incurred is a financial loss. hence, most of those bought after 2014 are underwater. shyityng liked this post
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Aug 6 2025, 06:43 AM
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438 posts Joined: Oct 2008 From: Goblintown |
I don't think those gurus can come out alive too, not many. Liquidity restraint issue
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Aug 6 2025, 06:53 AM
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#112
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Senior Member
4,482 posts Joined: Jul 2005 |
QUOTE(pokeat @ Aug 6 2025, 06:42 AM) can those bulltards back their claims with data ? oh "iherng" says property bull run just started. LMFAO, do zoomers want to own a property ? I don't think so, the % of parents of willing to pay for the fees/inheritance vs majority of zoomers cab afford. Millennials are so washed lol as a superstitious chinese, the era of prime RE just ended last year 2024. Slowpoks don't realize yet, wait until their uPNL hit harder then they will panic sell at one time prolly later in 2027. Macro data not supporting iirc, the banks and the RE agencies stats. contradicting to what you believe i am actually looking for another unit. perhaps to your believe Zoomers aren't going to buy leased out a fully furnish unit and it was like a HOTCAKE! i thought i priced it slightly higher above others but still it was taken in just a couple of days. thinking to continue on getting a few more and just rinse and repeat till i retire. shyityng liked this post
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Aug 6 2025, 08:15 AM
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Senior Member
2,834 posts Joined: Dec 2020 |
Its in the government's best interests to continue flooding the market with supply and suppress property prices as it kills 2 birds with one stone - housing shortage seen in other countries and revenue from developer's tax and application permits. In that regard they have succeeded, quality housing that is a third of many developed countries. Heck, this is probably the main reason why MM2H has taken off - relatively cheap quality housing.
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Aug 6 2025, 08:46 AM
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177 posts Joined: Jun 2011 |
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Aug 6 2025, 09:02 AM
Show posts by this member only | IPv6 | Post
#115
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All Stars
48,551 posts Joined: Sep 2014 From: REality |
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Aug 6 2025, 02:11 PM
Show posts by this member only | IPv6 | Post
#116
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All Stars
21,457 posts Joined: Jul 2012 |
There are always some people believe in mlm, scam, crypto, etc. similarly, some believe poorperly will always uuu/bbb.
poorperly game is not newly invented or discovered. if poorperly game is half as easy as novice thought, every other obasan and kopitiam unkers are already landlord and investor, where give chance to novices. This post has been edited by icemanfx: Aug 6 2025, 02:11 PM |
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Aug 6 2025, 02:53 PM
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Senior Member
4,238 posts Joined: Jan 2003 From: Selangor |
has anyone successfully sold their prop directly on a website? or will it only attract agents?
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Aug 6 2025, 05:25 PM
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173 posts Joined: Sep 2021 |
not rocket science, just see the slowing number of new launches this year
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Aug 6 2025, 06:37 PM
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#119
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Junior Member
682 posts Joined: Jan 2021 |
Landed still ok, can hedge against inflation. Those buy high rise condo at high price, need to think whether should cut loss or continue bleeding.
Like my friend who bought condo in Setapaj, either cut loss by topping 90k own money to clear loan, or continue subsidized tenant 1.5k a mth. He can't sell because don't have 90k now, not to say mot also belu buat lagi |
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Aug 6 2025, 09:42 PM
Show posts by this member only | IPv6 | Post
#120
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Senior Member
2,553 posts Joined: Feb 2016 |
QUOTE(Jingle91 @ Aug 6 2025, 07:37 PM) Landed still ok, can hedge against inflation. Those buy high rise condo at high price, need to think whether should cut loss or continue bleeding. why so much differenceLike my friend who bought condo in Setapaj, either cut loss by topping 90k own money to clear loan, or continue subsidized tenant 1.5k a mth. He can't sell because don't have 90k now, not to say mot also belu buat lagi |
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