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property price down, many bosses wanna dispose
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swing123
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 Jul 30 2025, 09:16 PM
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Getting Started
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QUOTE(Cavatzu @ Jul 30 2025, 08:47 PM) 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. 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.... |
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swing123
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Jul 31 2025, 12:07 AM
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Getting Started
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QUOTE(Cavatzu @ Jul 30 2025, 10:06 PM) 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.... |
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swing123
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Jul 31 2025, 03:20 PM
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Getting Started
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QUOTE(mini orchard @ Jul 31 2025, 03:17 PM) Majority of boomers properties are in good locations and are easily snapped up in a subsale. Some prices can buy 2 units of current condos. DPC? |
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swing123
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Jul 31 2025, 05:40 PM
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Getting Started
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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. [attachmentid=11516588] Over period of 40 yrs different story la... In the 70s, a Toyota Corolla or Datsun 120Y cost less than rm10k bro.... My dad bought a Corolla LE in early 80s for 18k...then after Mahathir launched Proton in 82 there go cheap car price in Malaysia... |
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swing123
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Aug 1 2025, 12:10 AM
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Getting Started
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13th Malaysia Plan - 1 million units affordable home over next ten years, if executed according to plan, that is average 100k units per year. Realistic? 100k units are more than the current overhang units...
This post has been edited by swing123: Aug 1 2025, 12:12 AM
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