niaz... how many generation(s)?

To tell you for how many generations would be in-accurate.


How long can you survive without having to work, in terms of months or years?
Very much depends on your cashflow and expenses when you are not working.

Once your cashflow exceeds your expenses, you are wealthy.

Recent history shows that housing price
have relatively appreciate between 3% - 4%

http://www.shchoy.com/doc/indeksrumah2006.pdf

Hopefully it stays strong this year.


www.shchoy.com

This post has been edited by shchoy: Jul 18 2009, 03:00 PM

I don't see much price drop in Klang Valley during this economy cycle. The only noticeable drop is in KLCC area.

I believe it has stabilised from a very slight drop and rising ever slowly again. Darn. Shd drop more as I wana buy soon

Base on this fella in the article, property market during 2009 will be slow
although prices are stable.

http://www.iproperty.com.my/reviews/proper...9/coverpage.asp


www.shchoy.com

From my current experience buying property, landed property is stable or raising in mature areas (PJ, Kepong, TTDI etc).

In prime or growth areas it's climbing quite fast (Bandar Sri Damansara for example).

The only property that has really taken a hit are those in KL Center and the Luxury Condo segment.

Penang property price still high raise...seem impossible to drop

those with cash, holding their purchase and has been predicting doom for Malaysia properties must be kicking their heels now knowing price for good medium cost high rise and landed now has gone up by at least 20%.


Never try to time the market..............

This post has been edited by Pai: Aug 9 2009, 10:39 AM

so far the prices of property is quite stable in klang valley..esp. landed residential properties.... but looking at
the high demand for landed residential properties in good location....(limited units available eg. Bdr Kinrara,
Bdr Puteri puchong, rimbunan Kepong, Temasya Glenmarie...etc) i think the property prices will be going up
a lot after economy recovers..

may i know why KLCC area's property price drop?

I guess the price was already highly inflated before...

There is an interesting situation during this round of recession. Landed properties steal the shine from apartments. If you monitor closely pricing trend of landed properties in the Klang Valley, the price is on upwards trend and in fact it is escalating even faster than the speed in 2007. For instance, asking prices of landed homes in some saught-after areas in PJ, Kepong and Puchong have soared approximately 10% in just these 2-3 months. As for normal apartments, prices are rather stagnant.

Meanwhile, prices of high-end condominiums in KLCC and Mont'Kiara are now stabilised after experiencing a sharp drop of 20%-30% early this year. Demand for this kind of properties is still weak but the are no fire-sales.

Most KLCC property are bought by foreign investors. Even the local Malaysians also cash out during this economy uncertainty.

Think u might wanna check your facts again on apartments being stagnant. MK has clearly rebounded it seems, while KLCC still yet to see recovery. Overall in general, apartments asking price has shown significant increase since the last 3 months.

But u r spot on on the landed properties assesment.

It seems you are too bullish on MK. My sister's unit in one of the recently completed condominiums in MK still remain untenanted and unsold since Jan'09.

Based on an insiders info from my friend working in loan department of a local bank, most of the home loans (for secondary market) nowadays are from landed properties actually.

While new apartment launches tend to be priced higher and higher, secondary market for this segment is not hot enough and the price is rather subdued, at this point in time. You may see asking price of some units is high, but you should see the actual demand and transaction. Secondary market of apartment is still trying to play catchup with new launches.

So basically you r saying that MK situation is bad bcoz your sis could not sold/rent her unit?

It's slightly better than early this year. In Feb'09, the asking price dropped >20% from 1 year earlier. And now, the asking price increase marginally only and she is willing to dispose it off by a 20% margin compared to the developer's launching price 3 years ago. But there is still no takers and very few enquiries even though the unit has been put in the market for months.

Just out of curiosity, which project in MK tht ur sis wanto dispose , and u may PM me the details if u prefer tht way, thanks!

think a better feedback compared to your sister's case is to get feedback from MK based agents. They'll sing you a diff tune.