QUOTE(Pai @ Feb 2 2010, 12:53 PM)
In general, my thoughts :
1. Price is getting more expensive, but still has some legs for further appreciation.
2. 2012/2013 will be a challenging year for property market, while there might be a price dip, but I feel prices will not be lower than today's price levels, and dont think price will drop below dev's price.
3. Demand > supply is a possibility but its a highly generic assumption. Stick to the fundamentals, then you'll be fine.
4. Not gonna be diff to rent out a prop as long as owners r being realistic..........think the main issue here is whether one can rent it out at a profit?
Make your own conclusion and act accordingly?

sharing same view with pai. almost 90% of the time current price will not be lower than developer price. when that happens, usually something drastic must have taken place.
i practice a very stressfree method for my property investment. assuming my rental is on the low side. so much so that it turns into -ve cashflow for a property of mine. it doesn't matter as fundamentally, every ringgit gain from rental, is actually helping/financing me with the mortgage to the bank. in simple words, no matter what, i still gain from tenant's rental to cover part of my monthly fees to the bank. ultimately, the property will belong to me. question is, how much would i be paying for it at the end of the road?
true enuff that i might not make much money out of it, but at least i like to view it as a force saving. beats insurance plans anytime!