tag:blogger.com,1999:blog-18183714.post4880775709794129604..comments2024-03-08T20:25:35.963+08:00Comments on Malaysia-Finance Blogspot: Property Bubble Concerns Across Asia-PacificSalvadorDalihttp://www.blogger.com/profile/06868577716920232901noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-18183714.post-83828705572275228452013-07-08T17:19:05.075+08:002013-07-08T17:19:05.075+08:00I loved reading this piece! Well written! :)
jaso...I loved reading this piece! Well written! :)<br /><br />jason<br /><a href="http://rmpproperty.com/about/" rel="nofollow">RMP Property</a>jason harishttps://www.blogger.com/profile/01018759510123080455noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-151236367577247592010-07-13T13:27:04.074+08:002010-07-13T13:27:04.074+08:00True is that everyone is not going to buy cause of...True is that everyone is not going to buy cause of the high pricing while the landlord not going to sell since they still affordable to hold on to the asset while the interest (monthly housing loan) is still low. So pricing will still move upward since buyer still snap up property like no tomorrow. <br /><br />Understanding that properties in country such as Singapore, Hong Kong bounded to rise in price cause the land is limited. <br /><br />But for some state in Malaysia, price has gone crazy even there are plenty of space around. You still can purchase land and built housing on top of it for 30~40% cheaper than the retail price. So you be the judge (Rich Dad Poor Dad mentioned that a good investment is where u purchase at good price not when selling)thkhttps://www.blogger.com/profile/06013388859270926597noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-16554705919045239692010-06-04T00:11:02.757+08:002010-06-04T00:11:02.757+08:00Great post!
Definitely the bubble in Malaysia wi...Great post! <br /><br />Definitely the bubble in Malaysia will burst soon! Interest rate has just risen, give it 6 months to see the impact. Penang property prices have gone up even crazier than KL! Single terrace house 1700sf bad condition is asking for 585K!<br /> <br />The price hike was mainly due to investors taking profits, buying and selling, not real demand supported by local folks. <br /><br />So many apartments have very low occupancy rate, a lot of properties are out for rental but noone is renting even in prime area coz the price has gone up too much!<br /><br />Do you think the price will sustain?<br /><br />Supply more than demand will definitely drive the price down! Those investors who leverage on bank loans with many units will panick when their units cannot rent out while the bank rates keep going up!<br /><br />So, be patient and hold your horses for now or you might be caught!!!!SassyGalhttps://www.blogger.com/profile/05404730326464119684noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-23010359609874911822010-05-13T04:19:42.469+08:002010-05-13T04:19:42.469+08:00Hi
I completely agree with the proposition that th...Hi<br />I completely agree with the proposition that there is a property bubble but more specifically in KL/PJ area. I was lucky enough to buy a 1450 sqft condo in Mutiara Damansara for GBP40,000. Now the same developer is selling a new development in the same area and the cheapest unit is an 850sq ft for GBP100,000. After having experienced the turmoil of the financial crisis in London, I would stay away from the bubbly property mkt in KL/PJ area. But I would hold my current unit as it was a cheap buy!!!Unknownhttps://www.blogger.com/profile/17522102189203161490noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-24714717877542545792010-03-15T17:10:48.315+08:002010-03-15T17:10:48.315+08:00Feb. 24 (Bloomberg) -- Hong Kong’s economic growth...Feb. 24 (Bloomberg) -- Hong Kong’s economic growth beat estimates in the fourth quarter and Financial Secretary John Tsang forecast an expansion of as much as 5 percent this year as he moved to counter the risk of a property bubble.<br /><br />Tsang switched today to forecasting a budget surplus for the year through March 31, rather than a deficit, on land sales and extra government revenue from surging property and stock transactions. He announced a higher stamp duty on home sales of more than HK$20 million ($2.6 million) and said measures could be extended to cheaper properties “if there is excessive speculation.”<br /><a href="http://www.sinoinvest.hk" rel="nofollow">china company formation</a>Anonymoushttps://www.blogger.com/profile/17238202829950404455noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-7393068448805370152010-03-15T14:15:47.368+08:002010-03-15T14:15:47.368+08:00Agreed. Malaysia cannot be compared to Singapore o...Agreed. Malaysia cannot be compared to Singapore or Hong Kong where land is scarce. The ridiculous upward spiral of property prices in the city areas of Malaysia and near city areas are the result of property speculators looking to make a quick buck and not taking into considerations the inevitable damage they are causing to the real estate market here in Malaysia. I sure as one will not be fooled into paying exorbitant above market prices and I am sure in time, things will unravel itself. I mean come on, 40% rise in less than a year? that is ridiculous.Andrewhttps://www.blogger.com/profile/10757404553684710114noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-77130525890932989252010-03-05T08:30:26.046+08:002010-03-05T08:30:26.046+08:00Dali,
I don't think we have a property bubble...Dali,<br /><br />I don't think we have a property bubble - at least not a general one. If at all there is a bubble, it's entirely confined to the Klang Valley, and only at the high end.<br /><br />The total MHPI has been flat to declining since early 2008, and so have most of its components - in fact high rise prices have generally been falling. Breakdown by the main region suggests price rises have been modest. Affordability is of course another separate issue.<br /><br />Residential loan growth isn't showing any signs of a bubble either - between 7.5% to 10% yoy, 0.5% to 1.0% mom since 2006. Growth has been trending down since the early part of the decade, when it exceeded 15%.<br /><br />At the macro level, even if we see a crash in high-value properties in the near future, confined as it is to selected spots in the Klang Valley such as the KLCC area, there's not going to be much pass through into the wider banking system through rising loan defaults leading to a pullback in lending - which means no real implications for the broader economy either.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-9647381451086868642010-03-04T20:29:51.456+08:002010-03-04T20:29:51.456+08:00Hi SD,
Moving to Equatorial Guinea? You got to b...Hi SD,<br /><br />Moving to Equatorial Guinea? You got to be kidding. It is a country next to Cameron with huge oil reserve and run by dictator with a small population. Most people live in poverty. Coffee isn't $15 either - its PPP multiplier is about 2 (i.e. stuffs are about half of those in the US), perhaps in the expats/oil area. <br /><br />Property bubble...heem..it depends whether we are heading for a deflationry environment or inflationary.. which no one can really decide right now..easystarhttps://www.blogger.com/profile/16551595909624078074noreply@blogger.com