https://www.klpropertytalk.com/2025/07/epiq...ket-valuations/

There seems to be multiple editorials coming out about the same topic. I think where there's smoke, there's fire.

But in general I'd also take a centrist view that there have been more losers than winners as of late. Past victories do not equate to future wins.

This post has been edited by Cavatzu: Jul 30 2025, 08:48 PM

From my reading, I think the article refers more to inflated price rather than signs of economy factors tat caused property market downturn, which we all are aware with rampant practices of rebate, cash back, full furnishing, free Mot etc....

Make it simple

2010 - 2015
Property price > inflation > income

2016 - current
Inflation > property price > income

Property research investment is important to minimised a failed investment.

Why some are successful while others failed. You can say he is lucky but then luck is not built over nite.

In any economic downturn, all property prices will fall, some will fall more while others will fall less. The less will recover faster with upturn of economy.

There's some bigger systemic issues. How did 2008 happen again? The property industry lives by the banking sector and if they both drag each other down then it's a catastrophe.

Total agreed. 97 crisis was currency speculation and economy fundamentals weakness driven (dun forget who was the FM then who preferred to drive GDP growth thru construction and property sector, sound dejavu?). 08 crisis was driven by sub prime predominantly property led. Could the next economy tsunami coming be driven by both effect, huhu....

time to buy

Technically by the "book" all new properties require a 10% downpayment, correct me if im wrong
but this has been watered down, using terms such as rebate, cashback etc.

They were some idotic developer that followed the "skema" way, one of it was PJH..i remember they were trying to sell me a 500k putrajaya condo with a nearly 60k downpayment in cash hahahaha bodoh gila.

So primary market and subsale has clear valuation disparity..a 300k subsale house requires up to 40k..while a 700k condo on paper..requires maybe less then 10k to close the deal or you might even get a cashback, zero down.

This is the main reason for the unobstructed inflation of house prices the bank/valuer/developer are all in it together. Fix the mechanism to buy a primary market, where a 10% cash will be hold in trust will make the market correct itself. Another alternative is the build then sell model, where its harder to inflate your selling price once the actual product exist.

But of course do this primary martket will crash for a while..but in the long term the property market will be more stable with price increase across the board benefitting buyers but at the cost of government and developer revenue..

So just forget about any correction incoming. Enjoy the ride of paying a depreciating asset...not all but 80% la no value sampah high rise property.

This post has been edited by Orgpro88: Jul 31 2025, 09:45 AM

My cousin work in SG bought a landed at 700k back in 2019, now wanna run at 750k also no buyer ...

Until poorperly overhang is reduced substantially, price will remain suppressed. there are more idling/overhang units in the subsale market than primary.

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.

This post has been edited by icemanfx: Jul 31 2025, 09:58 AM

Where??

In JB??

🤔

Let them shiok for finding one sub sale from the thousands that price dropped >40%. People need validation ma, don’t argue.

These ppl keep expecting new launch price to drop by demanding their own wages to naik. Lol

More so for highrise after 2017 with the co-living policy.

The mixed development free market units price can never drop with this co-living setting. It’s a straight forward mathematic.

Buy the affordable units from the co-living setting, yes by all means. That’s the winner.

This post has been edited by jojolicia: Jul 31 2025, 10:31 AM

Probably with cashback then, ask 600k to test market 🤭

Boomers are buying for children.

Many buyers now are getting help from aging parents to buy property ... either helping in dp, reno or legal fees + stamp duty.

This post has been edited by mini orchard: Jul 31 2025, 10:15 AM

Pooperty will never drop, it only go up & up & up

According to wealth reports, only about 4% of adults in this country have over usd100k net worth. most boomers could chip in some cash and unlikely to pay substantially. as boomers aged and pass on, more subsale units will come to the market.

Eco majestic semenyih ....

A few "motivated" sellers letting go at below market prices does not mean a property market crash. Even during market crash, some locations price don't drop, just stagnant. Now is not crash time. I have been through a few crashes - 1998, 2008, 2020. Some areas recover fast, some areas never recover. BUT need to beware. I feel Johor Bahru RTS/CIQ area dangerous because it feels like property bubble, a lot of hype and units snapped up like hot cakes - i won't go in. Previously, MCO crash nobody dared go in but those that did make money. Warren Buffet is right - go in when few people dare, run when everyone is buying.

Due to location and plenty of oncoming supply in that area. I know of someone who worked in KL and bought there. The traffic everyday from there to KL is horrendous. They then rented a place in KL because cannot tahan. The prices in that location are exorbitant for the locals. The developer selling to Klang Valley folks but really not viable to travel daily. I tried it on a weekend and it took me 1 hour 30 mins! Imagine on peak period times on working day! So the low resale price there is due to location and developer high entry point. That said, it is a well planned township.

semenyih huh??

Kinda "ulu" place with horrible traffic towards KL

😁

What to do ... She & her sister also bought 2 unit eco ardence semi D side by side each other... Gonna comeback MY once SG work finish