Malaysia Property

[greengiraffe]

http://www.businesstimes.com.sg/premium/...t-20140818

PUBLISHED AUGUST 18, 2014
Data shows slowing M'sia property market
Most states record drops in transactions for the different sub-segments

Capital slump: According to Napic data, property transactions in Kuala Lumpur are down 13.4 per cent in the first quarter compared to the last quarter of 2013. - PHOTO: BLOOMBERG
[KUALA LUMPUR] The National Property Information Centre (Napic), in its first-quarter numbers for this year, has confirmed reports that the market is consolidating with transactions slowing down, The Star has reported.
Although the findings are six months backdated, the government agency's figures, which includes both primary and secondary sales, are about as accurate as one can get about the state of the sector, down to how many transactions being done.
Most states recorded overall drops in the number of property transactions for the different sub-segments, namely, residential, commercial, industrial, agricultural, development land and others. The trend of decrease is definitively evident, the report said.
Siders Sittampalam, president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector, told the daily that he was not surprised by the latest property data. "It confirms what I said, that the Malaysian property market is consolidating. It is not a slump which is characterised by oversupply and declining prices."

[zhetrin]

I think this blog post I chanced upon might be useful because given that Malaysia developers prefer long-term investors compared to those who seek short term gain it adds on to things to be considered. This post can act as a beginner guide on what to take note of before one decides to invest on Malaysian property.

Bear in mind that even though the property in Malaysia might be much more affordable as compared to Singapore's, properties in Malaysia are more susceptible to rental demand because potential renter have wider selections with varying rental price giving them better position to negotiate price.

[opmi]

^^ malaysia have less FTs to take locals ricebowls so smaller rental markets.


Sent from my iPhone using Tapatalk

[brattzz]

plenty of land to build, no point paying high prices...

[cfa]

Unless they increase their population to 70m as what Dr.[/i] M wanted.

[zhetrin]

I'm not really sure Malaysia could manage if the population increase really rapidly. the rich will become richer and the poor will go down. Property wise they still have tons of lands. Priec might increase, but there might be other better options with less money needed.

[Behappyalways]

Will be interesting to see the effects on Singapore' s property market when RTS is completed in 2026

晨光第一线 | 新山房产日益受国人青睐
https://m.youtube.com/watch?v=eqHPUpB6l1s

[weijian]

Will be interesting to see the effects on Singapore' s property market when RTS is completed in 2026

晨光第一线 | 新山房产日益受国人青睐
https://m.youtube.com/watch?v=eqHPUpB6l1s

Slightly more than 10 years ago, there was a rush from Sporeans (mainly those who either took money off the table from their local properties, OR missed the post GFC2008 property boom). Is it the 10 year cycle thing as the stock market?

[Big Toe]

RTS will make travelling easier but with eveything considered, there wont be any dramatic changes. The point of buying Johor properties for Singaporeans is for leisure or retirement, nothing else. Write it off as consumption, there is zero investment merit.

It makes more sense for Malaysians working in SG to buy/stay in the numerous units near the RTS/causeway. The better employment opportunities are in SG. As far as I can see, there isnt any catalyst for Johor to become more vibrant/create much better paying jobs. You can fact check what msia has set out to do for the past 50 years and what they have achieved within that period.

[CY09]

With the RTS and signing up for the MyMalaysia Second home visa, staying in Johore Bahru with certainity you will not be denied entry + the RTS enabling you to be 10 minutes away from Woodlands North MRT station means Singaporeans can enjoy Singapore amenities and healthcare while staying in JB.

The R&F apartments and the area around Johore Bahru CIQ will indeed be valuable. For context, a R&F Princess Cove 3 bedroom completed condos sells for RM$900,000 (SGD$275,000) and will be a 5 minutes walk from the RTS station in JB at Bukit Changar.

I do think there is a good speculation opportunity to load up the ringgit to purchase apartment blocks surrounding the bukit Changar RTS due to price differential between HDB resale and JB changar area condos.

If you add in the entire travel journey time from Bukit Changar to Shenton Way (via Woodlands north TEL), it will only take a total of 1 hour. This is the same travel journey as from Choa Chu Kang to Raffles Place. Comparables wise, this means you are trading security in Singapore for cheaper home prices of up to $400,000. A 4 bedroom HDB resale at CCK is now $675,000 as opposed to a freehold completed R&F princess cove.