Property prices see a double digit jump in 2023. https://www.theedgemarkets.com/node/656367

Posted by ks55 > 2023-02-22 21:12 | Report Abuse

Safe to buy property now. You have 3 choices:- 1. Buy physical property as prices had never increased for 7 long years. Inflation effectively have given you hefty discount. 2. Buy Reits. That is equivalent of buying commercial/ industrial property at badly beaten price. For those still survive, they will be on the way to make more money. 3. Buy property counters. Price to book value is at record low.

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2 comment(s). Last comment by speakup 2023-02-22 21:30

ks55

4,255 posts

Posted by ks55 > 2023-02-22 21:23 | Report Abuse

For the time being, at least for next 5 years, we will have political stability in Malaysia.

Don't wait till FED start to lower the interest rate to buy your dream home. By then Malaysian house price will have increased by 20 to 30% from the rock bottom.

Look for property counter that has credible Board of Directors, financially strong developer with healthy cash flow, financially strong major shareholders that do not pledge their shares under nominee account, strong management, and low land cost. Not to forget for landed properties, land cost could be around 30% - 50% of development value, whereas high rise development land cost could be anything from 15% to 30%.

speakup

27,069 posts

Posted by speakup > 2023-02-22 21:30 | Report Abuse

Best property counter : OSK

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