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 property price down, many bosses wanna dispose

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icemanfx
post Jul 29 2025, 09:59 AM

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QUOTE(vin6 @ Jul 29 2025, 09:34 AM)
ALL in your dreams - nothing is bursting at the moment --- investor and potential buyers are just holding their money for a while .

Property prices never ever coming down - it will stagnant then go up again .

Stop with bubble bursting rubbish theory been hearing that for 20 years and always property prices gone higher than before .
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Typical of novice poorperly investor.

icemanfx
post Jul 31 2025, 09:53 AM

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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
icemanfx
post Jul 31 2025, 10:20 AM

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QUOTE(mini orchard @ Jul 31 2025, 10:15 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.
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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.

icemanfx
post Jul 31 2025, 11:29 AM

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QUOTE(PAChamp @ Jul 31 2025, 11:11 AM)
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.
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QUOTE(galkelly @ Jul 31 2025, 11:27 AM)
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
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Many buyers were influenced by peers, social influencers, poorperly guru, trending, etc and neglected the practical side of life..

icemanfx
post Jul 31 2025, 04:02 PM

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QUOTE(mini orchard @ Jul 31 2025, 03:37 PM)
Not necessary dpc. SS2, DU, BU, TTDI, DJ, SJ, USJ, Tmn Desa, OUG, Seputeh, Bangsar, DH, ..... and so on.

Read about an article on fb where a boomer's house in Bangsar bought for 37k in 1970 can now fetch around 1.6 - 1.8mil ? This one can buy two landed around 800k each.
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How many gen z could afford and wanted to buy in bangsar? need to fork out how much to renovate? after budgeted renovation, except those die die must stay in terrace house in bangsar, most are unlikely to pay for asking price.


This post has been edited by icemanfx: Jul 31 2025, 04:04 PM
icemanfx
post Jul 31 2025, 04:13 PM

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QUOTE(mini orchard @ Jul 31 2025, 04:09 PM)
Don't have negative outlook too often. There will be buyers.

Ask KTM how many jackpots won in a month 😂.
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Like nft; there are buyers for any price, only question of how many and need to wait how long to transact.

This post has been edited by icemanfx: Jul 31 2025, 04:25 PM
icemanfx
post Jul 31 2025, 08:14 PM

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QUOTE(anakkk @ Jul 31 2025, 07:44 PM)
you see design seed video, a lot of the house owners are very young too :X
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Likely inherited.

icemanfx
post Aug 1 2025, 05:40 PM

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QUOTE(mini orchard @ Aug 1 2025, 09:55 AM)
When is feel good projects, the govt tries to inflate figures. When didn't materialize, all others are wrong 🤭.

Locations are important for affordable homes too, otherwise many would just rent at places convenient to the family.

And they also dont want super prime location because no affordable food, market, transport, park dll. Everything also expensive the moment they step out of the home.

But some will say, cheap ma, cannot choose. If cannot choose, they rather be squatters near to city 🤔
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Bandar Malaysia i.e ex sg besi airport is available for affordable home.

icemanfx
post Aug 6 2025, 02:11 PM

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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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