ok.. i sapu one properties liao.. now only worried for the BLR > which i know for sure few more months will go up more ~
but kenot tahan to wait liao.. home stay one not for investment..
but if reli crash and somehow can force the developer price is lower than i purchase one.. then i will only blame my luck ~ 
anyway.. happy that I'm able to find my dream home ~

you have raised some excellent points. but reviewing your points i can't help to notice a lot of it is dependant on the economy and point no. 6. and if BLR is 'controlled' by government, and if they knew the consequence/catastrophe that is going to land malaysians in the event of property bubble, wouldn't the government intervene and maintain low BLR to prevent bubble bursting?
just a thought...

Hey congratz man.

If anything goes wrong, we could always blame the BBB gurus too.  Don't forget

When blr is 10%, then bank offer blr - 6%... 

After counting my expenses, realised I can't afford it even with my gf. So scrapping that idea.

thanks doer    if BLR didnt increase much.. no effect on me.. only scare BLR increase alot only ~  but that one is after 3 years ~ since its a new developtment ~ but tarak DIBS.. BLR increase i also cham ~
Problem is we got lock in period.. normally 3 years... so if we can tahan the bank repayment for 3 years then ok la.. we can do refinance after the lock in period.. if kenot tahan 3 years then good game edi
I dare to get a property now is bcos now i got reserve RM200 each month for oversea trip.. if worst come to worst.. then ah.. duwan go overseas lur.. all put into the bank repayment...  then now i'm paying back my phone (htc desire) also RM200..  so i have spare RM200 once i finish my repayment for the phone....
BLR increase until > RM500 then i'm a gone case edi.. have to work 2 job liao..

When blr is 10%, then bank offer blr - 6%... 

If you don't want to worry about BLR fluctuations, you should take fixed rate loan in the first place....... 

Bro, u think too much oledi.....I think bank max to go is blr-3

let say now Blr = 10%, bank offer u blr-6%, maybe one year later blr drop to 8%......so blr - 6% = 2%......bank makan sendiri oledi loh.....

you have raised some excellent points. but reviewing your points i can't help to notice a lot of it is dependant on the economy and point no. 6. and if BLR is 'controlled' by government, and if they knew the consequence/catastrophe that is going to land malaysians in the event of property bubble, wouldn't the government intervene and maintain low BLR to prevent bubble bursting?
just a thought...

i dun like fixed rate lol~

Bro, u think too much oledi.....I think bank max to go is blr-3

let say now Blr = 10%, bank offer u blr-6%, maybe one year later blr drop to 8%......so blr - 6% = 2%......bank makan sendiri oledi loh.....

When blr is 10%, then bank offer blr - 6%... 

thanks doer    if BLR didnt increase much.. no effect on me.. only scare BLR increase alot only ~  but that one is after 3 years ~ since its a new developtment ~ but tarak DIBS.. BLR increase i also cham ~
Problem is we got lock in period.. normally 3 years... so if we can tahan the bank repayment for 3 years then ok la.. we can do refinance after the lock in period.. if kenot tahan 3 years then good game edi
I dare to get a property now is bcos now i got reserve RM200 each month for oversea trip.. if worst come to worst.. then ah.. duwan go overseas lur.. all put into the bank repayment...  then now i'm paying back my phone (htc desire) also RM200..  so i have spare RM200 once i finish my repayment for the phone....
BLR increase until > RM500 then i'm a gone case edi.. have to work 2 job liao..

I do not agree with this.

1. during 98 crisis, property did not have bubble. Share market was pretty high at that time and plunged 80% to 260 pts.
2. at that time, property price are considered peanut or chicken feed compared to now, even a drop of 20% was not painful.
3. most of the people are buying for own stay, almost no speculators at that time, so fire sell did not happened. Some people sell property ware to cover their margin account.
4. The higher it goes, the harder it falls.
5. Do not compare with the past becos history does not repeat by itself.
6. BLR was 12%, BNM has plenty of room to force BLR at all time low to bail those in the deep shit out.
7. 98 crisis was single dimensional currency crisis, who know what will hit us next? could be something like Japan, 3 in 1.
8. during 98, most of the western countries were enjoying good GDP growth, export helps our country to recover fast with a fixed RM of 3.80. Now every one has their own problem including China which could means doom if global economy take a double dip. A quick double dip is still better than a long and painful double dip like Japan.

I forsee if there were a property crisis in the future, it is going to be a catastrophic one. Be prepared.

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Added on May 19, 2011, 12:12 pm

congrats!!!!!

but since you will not sell you condo coz it's for own stay so prices drop will not affect you, pls pray for us, those who hv found our home sweet home yet, for the property prices to be adjusted 

For  Property price up up up believer!
IF that was true you have to accept either one of the following too:
    Ishak Allah, Malaysia has transformed into High Income Nation by 2020. Take the nearer developed nation as a benchmark,Singapore, our Salaries or Incomes should be doubled/increased 100% by 2020 (9 more years to go). It seems too far huh? no problem, we set a milestone at 2015/2016 (4 years from now) means we should get 50% increase by then. Meaning, a school teacher who is earning RM3000 now should get RM4500, 4-5years experience Engineer earning RM5k now shd get RM7500, A manager earning RM10k now shd get RM15k       

Instead of transforming the country into a high income nation, we transform it into 2nd Philippines. Most people in the country cant afford the high cost of living and have to work oversea in order to sustain their espenses.

From ur writing.. are u an IT person ? who uses agile development  ? ahah.. sorry again.. out of property discussion..

I do not agree with this.

1. during 98 crisis, property did not have bubble. Share market was pretty high at that time and plunged 80% to 260 pts.
2. at that time, property price are considered peanut or chicken feed compared to now, even a drop of 20% was not painful.
3. most of the people are buying for own stay, almost no speculators at that time, so fire sell did not happened. Some people sell property ware to cover their margin account.
4. The higher it goes, the harder it falls.
5. Do not compare with the past becos history does not repeat by itself.
6. BLR was 12%, BNM has plenty of room to force BLR at all time low to bail those in the deep shit out.
7. 98 crisis was single dimensional currency crisis, who know what will hit us next? could be something like Japan, 3 in 1.
8. during 98, most of the western countries were enjoying good GDP growth, export helps our country to recover fast with a fixed RM of 3.80. Now every one has their own problem including China which could means doom if global economy take a double dip. A quick double dip is still better than a long and painful double dip like Japan.

I forsee if there were a property crisis in the future, it is going to be a catastrophic one. Be prepared.

Do you really think BLR is the "thing" that is going to cause trouble if prop bubble burst?

Then you have to look at Japan during the early 90s, Hong Kong during the 97 crisis, US sub prime crisis at 2008. Was BLR causing the crisis? Was the BLR too high that people are unable to repay the installment?

Check BLR in US for the past 10 years, it is at history low for any decade, yet property in US is taking a double dip this year.

BNM cannot keep BLR low when CPI and inflation rate is over 3% (gomen figure, actual figure is much higher). Gomen will only keep BLR low when property bubble burst big time to bail those in trouble out. What is the point to have 1% BLR when your property value lost 50% of its value like some Americans are facing now? Most just give up paying becos no point paying for a house half its value while using wife or relative name can buy another one half the price with half the installment.

Yeah.. i will also pray for u all for the adjustment since the property price skyrocketing for so much.. may god bless us all !  Agreed.. if price drop also won't affect me since i'm not buying for investment... i'm still in ur group !  wait 10++ years then i might change group to investor... but for now.. i'll support u guys 
From ur writing.. are u an IT person ? who uses agile development  ? ahah.. sorry again.. out of property discussion..