support@kopiandproperty.com

Advertisements

Advertisement Banner

Property price Malaysia: Yes, Q-o-Q, it’s negative!

Property price Malaysia: Yes, Q-o-Q, it’s negative!

This title is dedicated to all the property buyers who said they were waiting for property prices to drop before they jump into the property market and buy their dream property. Negative number means property price on average is dropping, especially if we compare the Q2 2021 to Q1 2021. It is a negative 1.6% for quarter on quarter.

This is the latest information from National Property Information Centre (NAPIC) of Valuation and Property Services Department (JPPH). If you like to click and download their file, do click here.

Negative price growth Quarter on Quarter means opportunity, right?

Please do take a closer look at all the quarters as per the above image from NAPIC yeah. From Q1 2016 all the way to Q2 2021, what do we see? How many quarters were the price showing negative growth? There were TWO of such quarters. In Q4 2019, when compared to Q3 2019, the price growth was a negative 0.3%. It is now negative 1.6% for Q2 2021 vs Q1 2021. Would it continue to be negative next quarter? Your guess may be better than mine.

Positive price growth Quarter on Quarter means opportunity, right?

If we are investing because we want continuous price appreciation, then looking at the image above, it does seem that property is a long term investment right? Would you like to stretch this price growth numbers over a longer term? Instead of 2016, let’s look at 2020 instead? Image of Malaysia House Price Index (MHPI) as below.

Happy deciding. Waiting is perfectly fine too. Just remember to do something while waiting. Are you waiting to buy a property? Me too.

Love news like this and more? Sign up for daily investment news updates. Alternatively, Follow me on Telegram here.

Please LIKE kopiandproperty.com FB page to get daily updates about the property market beyond kopiandproperty.com articles. Else, follow me on Twitter here.

Sign up for KopiWeekly. (only once per week of property, finance, investment news and more)

Next suggested article: Overhang property will cause prices to drop?

**In Article Advertisements Banner

Leave a Reply

Subscribe to Blog via Email

Few seconds to subscribe for FREE and get property investment tips, latest financial and property news and more.

Join 2,827 other subscribers.
Motion arrow towards right
Facebook
Twitter
LinkedIn
Motion arrow towards right
Charles Tan The Founder The Writer Kopiandproperty
Charles Tan

Charles is Founder of kopiandproperty.com He writes from his investment experience for the the past 20 years in investments including property, stock, unit trust and more as well as readings and conversations with many property gurus in the industry. kopiandproperty.com is an independent property blog which is not affiliated to any media company, property developer or even real estate agencies.

Advertisements

Advertisement Banner

Facebook Comment

Table of Contents

Most Recent Posts

join the family

Like us for daily investment news and more

Hit the like

%d