Financial Is property going to drop?, General property price discussion
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 Aug 7 2010, 12:53 PM
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#1
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Junior Member
132 posts Joined: Nov 2006 
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To me, it's like bullish period of stocks market. Ppl totally forget about the fundamental.
It's already happened in HK, US where property price could go down by 30 - 50%. Time will tell and give a wake up call to those who strong in believe - "Property price never go down" This post has been edited by return78: Aug 7 2010, 10:50 PM |
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Aug 11 2010, 09:06 PM
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#2
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Junior Member
132 posts Joined: Nov 2006
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QUOTE(preego88 @ Aug 11 2010, 07:58 PM) it's a supply and demand thing. property drop 50%???? who is the seller? Try to recall what happen during 1987, 1997, 2008 crisis.  > What do you expect for the ppl who bought 1m with 90% loan lose his job? > What do you expect if BBB mode investor / flipper can't up keep with interest? Malaysian had never gone thru a big correction in property market and most of the ppl only think price always go one way. A sharp correction will cause lot ppl hold an negative-equity properties like what was happened in HK earlier and US nowadays. |
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Aug 30 2010, 10:25 AM
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#3
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Junior Member
132 posts Joined: Nov 2006
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I'm welcome MOF 80% on 2nd purchase, 70% on 3rd purchase and so on. This could be a good move to control speculation on BBB mode.
For 1st house buyer, gov might consider retain 90% MOF. |
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Oct 9 2010, 09:52 PM
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#4
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Junior Member
132 posts Joined: Nov 2006
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This RPGT is going to impact market sentiment and affect most to those fippers with no holding power.
This post has been edited by return78: Oct 9 2010, 09:52 PM |
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Oct 10 2010, 02:53 PM
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#5
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Junior Member
132 posts Joined: Nov 2006
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QUOTE(106127 @ Oct 10 2010, 12:44 AM) the real rgpt is much less than 30%. (if you know how) Mind to tell us how many unit you hold at this moments? Good luck to you young man!so the flipping process will continue and prices will tend higher. yesterday a developer just launch at 650psf soho units. many units taken except units with 4 on it Added on October 10, 2010, 12:50 am what if every one jack up 30% and valuation also jack up by 30% and bank refinance after jack up 30% then property prices will go higher... cant you see? anyway, if no one want to buy, those sellers are not in a hurry to sell too...so buyers have no choice but to follow with additional payment of 30% to the government. can't you see that the government are short of funds and its high time to get more money in thru rakyat's nose and earn praises from the rakyat. its a double edge sword!!!! MALAYSIA BOLEH |
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Oct 11 2010, 10:33 PM
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#6
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Junior Member
132 posts Joined: Nov 2006
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QUOTE(cherroy @ Oct 11 2010, 09:28 PM) The classic of market peak You had missed out 1.. More and more property guru said there are such bubble being formed as our market still relative cheap compared to others. 1. More and more people talk about property investment 2. Take for granted, buying property must make money. 3. More and more seminar talk about property, strategy of property investment.   |
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Nov 6 2010, 12:32 PM
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#7
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Junior Member
132 posts Joined: Nov 2006
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Cap limit 70% to LTV send a as very good alert to RE speculator.
Some may find a work around on this policy but, if speculation remained high, BNM may have next come out as other regional central bank did. Speculator may more cautious on their next move. This post has been edited by return78: Nov 6 2010, 12:40 PM |
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