WB CKHong haha. plenty to read eh. both sides have good points. in the end its whether u found a sucker to sell cheap/buy expensive.
if you are the sucker then u got no one to blame

welcome back
i told u want safe for property?
still go for vacation hehehe?

if u let the sifu here know u go vaction
they will say u youngster dont know money management nie
go for vacation, electronics stuff, etc...
u will be asked to find 3 more part times
huahahaha
just kidding ya...

hahaha.
my aunt is subsale.
original price is rm30k!
i think that was about 30 to 40 years ago lah.

PS: say current value at rm800k
that's rm740k profit over say 40 years.
that still works out to >30% compounded annual return.

eh CKHong i didnt mean u were the sucker la haha. i meant those who can find a gem in d middle of the sh*t means they found some sucker who had commited above his head and now has to desperately sell.

or a buyer who sold to a sucker who buys at a very high price.

IMO, a 15% drop makes a huge difference when it comes to a 600k house. 500k i can consider and still have a comfortable margin but 600k is really pushing the limits. any unforeseeable happens and i would be in trouble.. so what im hoping for is 15-20. a crash of 50% means bad news all over the country. not good

*high fives*

ya im waiting, not to make profit but because cannot afford. once i can, it doesnt matter go up or down because its for my own stay, wont be thinking of selling at least 10years. by then different market again d. im in no rush so can slowly wait... wait the waves out haha

How come those hoping for a price drop conveniently left out the fact that properties in the right location:

I) can be rented out at a rate that can easily cover the loan installments and other miscellaneous expenses
II) have demand from tenants that outstrips supply

In fact..... in some places, units available for sale are few, and the demand more,  despite the increse in prices recently.

But I do agree with the highlighted part.

Btw have those hoping for a price drop formed a Support Club or something. Noticed a few forumers eagerly agreeing with anything posted against property price increases/evil speculators without posting opinions of their own 

(since we are comparatively cheaper by world economy standards)

How you been in China?

haiya, i just challenged those people to walk the talk la 
since they so strongly believe that prices will only go up, then they shud continue to buy buy buy la.

Rent

as i hv mentioned many times earlier, dun compare ulu ulu places in china, usa, malaka with KL. i live in shanghai many years and never heard of the cities mentioned above. i still strongly believed if u work in big cities eg KL anytime is good to buy prop to live or invest. the earlier to buy (when u saved enough and can afford to pay DP) is better coz history tell us prop in big metro city will never drop due to inflation and increased population. if u prefer to wait it is up to u but dun misleading us. if u want to convince us that price in big metro cities/CBD eg shanghai, beijing, shenzhen, jakarta, manila, new york eg mahattan area, paris, taipei, hk, london, bangkok, ever drop in last 10,20, 30, 40,50 years , pls give your facts and examples. i refer to major area not ulu ulu beijing (eg outer 8-10 ring road etc) and dun give examples of inner mongolia, xinjiang, outskirt melaka etc.  i m a city boy (and live b4 in major global cities) and i know what is going on.  if u r new comer in KL, u have no choice to join the race.  the business activities will continue in CBD and prop price will continue to rise. (unless revolution take place like china communist who take over /confiscate your prop which not likely to happen nowaday). dun blame the speculators coz they cant sapu all prop in KL.  how many prop one can buy? whole block??  100 units ?? and pls compare tis numbers with total KL prop built all these 50-60 years. millions ?? wat u need to do is work hard and save $ to buy or invest your KL prop earlier to avoid pay higher prices later on. dont complaint , this is real life. no one including govt will not help u, u need to help yourself.

not sure u hv read my old posts. after travelled to so many cities , i know the $ will become smaller and smaller.. (if u dun know how to invest and grow your $ eg stock, prop, do business etc).  1mil may worth oni 10k in 30, 40 years time..
i am too lazy/not smart to do biz and no good in share market, so i went to invest in prop to saveguard my $...
i know i will suffered when i m old if i dun invest in prop regularly. in today world, u cant depend/rely on your children nor the govt especially msia/BN.

3. Technology advancement (If in 10 years, technology give u benefit to work form home but with no drop of performance)

Ya, that's what many forumers here have been talking about. The property prices are way too high for an average Malaysian to afford, so either
1) the property prices will be stagnant waiting for Malaysian's income to increase or
2) Property prices adjusted