Posted by calvintaneng > 2024-08-14 13:16 | Report Abuse

Every time there is a boom they overbuilt

in 1997/8

there was overheating and over building


leading to 12 years of glut from 1997 to 2009 in property doldrums


many who invested in real Estates suffered

then came the short boom from 2010 to 2014

in 4 short years again there was a building frenzy leading to huge glut the 2nd time


now in year 2023 there is a new found excitement due to Rts Spore to Johor


a building frenzy in highrise condos mushroomed in JB downtown

Be cautious and don't get carried away


only these are safe to buy if you do not want to get stuck later


Avoid highrise condo as an investment unless in the most prime location still selling at discount (very rare) Avoid buying unless for own use


Go for landed houses as these are now rare due to scarcity of lands

buy low cost houses below Rm300k

buy single storey house if can get around Rm400k

buy 2 storey houses if can still get below Rm550,000

Keep very safe

Posted by calvintaneng > 2024-08-14 13:21 | Report Abuse

See why Johor always got hit harder than others



https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2020-03-13-story-h1484835012-THE_ASIAN_FINANCIAL_CRISIS_1997_1998_Why_It_Hit_Johor_Hardest_BECAUSE_O