No people want to “Sapu” any more that why so many outstanding units pending to clear in fair.
Developer always mention project “Sold out” within few days after launch or during pre-order!
Why waste money to exhibit in fair? project sell like hot cake should remain high profile right?

“I believed the developers are also having hard time to decide which one to
participate”.

The developers are having a hard time selling and not which one to decide
to participate.

developer keep the nice unit sell higher price and tell u these unit are loan rejected, u have to pay more if booked in property fair, dont wait property fair, better direct go to their office.

Ya…no offer….no package…no sapu…discount 15% lah, wave all the fees lah..

There are developers used to keep the good unit and sell out in higher price. it is not fair with this type of purchasing system.. as normal consumers, the good unit used to be snatched up by VVIP, the remaining one only be released to public.

Majority of buyers or investors are quite clever now.

Good old days with easy loan, DIBS and freebies are over. to worsen the situation, the selling FUTURE price direct from developer easily 15%, 20% higher than secondary. Those branded developers the premium even higher.

Then buyers have to wait 3 or 4 years for completion while serving progressive interest. As mentioned in webinar, another impending 24000 condo (not yet include LMC) to flood market in 2018. What if market crash & bankruptcy happen? Too much uncertainties and risks.

Plus GST coming soon.

If I m developers, I would now SAI LANG too.

After all this forum lessons, we shall get smarter. Buy house is not like get new husband or wife, right?

For genuine buyers, anytime is a good time to get into the market. What you should be clear of is your ability (to buy and service the loan).
Please do a simple calculation of what you can afford and go from there instead of looking at the prices and complaining the price keep rocketing and do nothing. Assume you can afford a RM400k property, then you can start looking at those price range of property. After you own it, take a good care of it. In no time, the price will appreciate again. Then you might be able to get a better home from the proceeds you have earned. Start from small instead of stay and look. Property prices never goes down, maybe temporarily, and will go up again as soon as the economic situation picks up again.

http://www.forbes.com/sites/billconerly/2013/11/11/should-you-buy-a-house-or-rent-the-economics-of-homeownership/

My era has begun

I found funny about these last comments, in relation to this topic of so many property fairs.
Generic answer won’t be able to help the sales. They should offer more discount la, and don’t try to show “tarik harga”

We are trying to decode why so many and frequent?

Is it STILL good time to buy from developers and wait another 3 years?

@ david,

can happen boh?

Diue…US market drop from 1800 to 1600…in 3 days..can happend boh….KLSE drop from 1890++ can happend boh….more ppl get burn, then more ppl will throw the asset….let see

reason being is, they now cannot sell and hv no choice but to organise fairs like this to get rid of the units! 5 yrs ago hardly see such activities. Serves the greedy developers right!

Problem is…most of them is still in development stage…any hiccup on the cash flow will damage the whole propertise segment….Creat fear if there any stoppage…..is not like share which can “panic selling”…..asset how…..waiting lelong