...maybe that time ppl all tgh working or balik kampung ma ?

I've driven by a lot of times already... always empty.

I-Zen mont kiara.. who knows anything about this condo?

SS2 house is expensive, shoplot rent also expensive, rm9800!!


PJ all state all expensive lah.....

ya lah, thx to pioneer ppl who started those wedding butik.
my PJ house for rent, stay or business ...
many came & offer buy im pickey.

Is it wise to buy property at this timing of the year?

New launches are almost always snapped up, while secondary market is stagnant. What does this tell us?

KLCC prices have dropped 30%, same goes for rental. This I see will continue until after CNY 2010.

MK's prices have slowly going up, but not for the high ends. Look at MK10, only appreciated 10-15% from the developers price.

IS this a good time to buy? There is always good properties to buy regardless of market conditions or sentiments.

Better buy when you can afford.
Next year they might charge tax for buying also.
Malaysia is heading to the Tax Country.

nowadays, property price in klang valley is very high due to lower interest rates.
developer really make plenty of money.

I-Zen mont kiara.. who knows anything about this condo? they say can get like 3k rental cuase fully furnish..

This post has been edited by airline: Nov 16 2009, 06:59 AM

Real Property Gain Tax To Stay.

Property: RPGT to go ahead, says minister. The government will go ahead with its plan to implement the 5% RPGT on Jan 1, 2010, says second finance minister Datuk Seri Ahmad Husni Hanadzlah. The tax to be imposed on gains from property disposal is irrespective of the holding period and category of owners. (Source: New Straits Times)

so many condos are coming up. especially around puchong/kinrara side. if you take a drive there its like mushrooms growing after the rain.

furthermore, developer's prices seem so expensive lately. Anyone of the opinion that the trend looks like our property markets becoming a hotpot bubbling up ready to spillover?

property market develop very fast in 'hotspot' area but unfortunately our road infrastructure still very poor.
town planning really bad, built building fisrt then start thinking how to expand the road. At that time, its already massive jammed

during this recession economy, which kind of property is better for investment? landed prop or condo? condo can fetch good rental, but not good appreciation. landed no good rental,but marvellous appreciation.
expert here,please advice..

it has actually gone up.
landed for example, good location, a decent 22x70 doing at least 410k now. Talking bout recession, all those houses were snapped up during first week of soft launch..lol

for me.. i go condo near university, low density, easy public transport (LRT, bus, train) example Shah Alam U1 Condo
got it for abt 250k. currently now left 200k @ 4%/20years.

calculation on rental gain vs. bank loan is very important.
i projected clean rent abt rm15k/year. after 10-15years sell off.

landed near UPM can fetch high for student rental...
they sumbat 10 or more person. so eash head you get RM 200.00

Is the interest rate lowest right now? What's the %?

Current BLR is 5.55%
Some banks may use 5.50%

BLR expected to increase at the end of next year or by 2011 if the economy continues to improve.

When people start to buy property like buying vege in the market, u ll know the bubble is building up, same like stock market. Herd mentality and greed will accelerate the bubble exponentially to a point where its no longer sustainable, and burst. Same thing like what happen around the world, US, Dubai, China etc. Its just a matter of time unless the gov come out with drastic measure immediately. Low interest rate is the major catalyst to all this, not real demand.

This post has been edited by Singh_Kalan: Dec 15 2009, 12:29 AM

Quite simply the Malaysian property market in general has not been affected as much as say Singapore or Hong Kong given the size of those bubbles prior too the crisis last year. The continuation of cheap money and money printing by the US FED RES continues to put a false bottom on their ecomony therefore more declines and a double dip (well I see it as the first bottom due to stimulus) recession are coming in spring 2010.

Current Case Shiller 20 City Index still is over 30% down from peak and they see another 15-20% to go before it's done. If interest rates rise, property values will come down further. Baby Boomers are looking at their weak portfolios and ready to cash out therefore flooding the market with upper middle class and upper class RE on top of an 18 month current supply and another 8-10 months likely of shadow inventory (houses empty close to 2M units in USA which have not been put up for sale) via government intervention and to keep their balance sheets clean.

It's a big PONZI scheme anyhow in which the USA is doing their best to bankrupt the rest of the world.

SING and HK markets have false rebounded based on this along with Canada, Austalia and New Zealand. The EUROZONE and UK are in as bad shape as the USA but less the manipulators. Once the US takes is next dip, look for the whole thing to happen again but this time with less speculative buys especially in RE and with rates potentially climbing less with qualify at the banks anyhow.

If KLCC property is down 30% then is was likely overpriced anyhow. If there has been no rebound in the last 8 months in these properties, look for another 15%+ to shake out.

When I arrived here from HK in June 2009, I looked at a home in D'sara Heights. Ask was $6.5M and sold for $4.8M. That home now asking $5.7M but when all shakes out, will likely end up selling for around $4.0M if rates stay low, $3.5M as rates begin to climb.

I would simply look at the avg. home prices back in 2003 and expect to return back to those levels. In the USA, we are looking at returning to post dot.com prices in many areas already.

And furthermore, if RE values decrease, so will rent and with this leg down to muddle for about a decade in the USA expect at least downward pressure in KL for half that period as Asia and other BRIC countries emerge with growth potential.

When to buy, I would look at 2-3 years IMO!

Let us wait for the next wave to hit US very soon ....
The inflation has already kick in & has explode...
is getting very near, we just dont believe its real...

next year all banks loans are gonna increase & might grant you longer payback period..
they know you will suffer paying & once you are down ... they will grab your property..

make your wise decision before playing property & play according to your budget...