Hehe.. then better become developer loh... earn more mah.. if the house cannot sold out also can leave its to cucu and grand grand cucu... hehe..





2012

Also cannot.coz we dun hav the big modal bcome developer.

Headache ah... I am not big boss, dont have so big modal to buy so many properties to as roof on top for all of them...

heard azizi ali talking in his silver investment workshop today, he is very bearish about property market, he gave advise to sell the properties to realize actual profit, do not buy property for investment now, but on the other hard, he is holing a seminar on property investment in july

edit: corrected from bullish to bearish (these 2 animals are so confusing sometimes )

This post has been edited by property101: Jun 5 2011, 11:05 AM

today also attend Michael Tan prop workshop, he also encourage us to sell now. wat do u all think.

he is bullish but he ask ppl to sell?

did he mention why?

What does he implying?

my take is, can continue buy, but do not suck up to normal deal, the property must be a good bargain

looking at the trend now (too many highrise projects), landed is very safe still..

This I definetly agree. Market is cooling down but demand will still be there, just need to do a lot of homework. Not like those days close 1 eye hantam and wait for $ to come.

Landed is only safe if the investors have holding power and also the location.

i dont understand
bullish means time to buy right?
bearish means no confident with the market right?
very confuse with ur statement

am i missing something here?
can u clarify?
thx.

ops...sorry sorry...correction, should be bearish, my bad

I wouldn't say landed is very safe if you buy it at a very inflated price.

hehe.. rich or poor also depend on these two animals how to fight for their winning..






2012

If I've believe this fella I would be atleast 600k poorer

it should be rm600k less profit

he said if u had reallised >30% profits within 3 years it is time to sell and go to hunt for another good property (especially for good rental yield). ofcoz if your earlier prop is good rental then is another story...most of the time the rental cant catch up with the cap appreciation so it is better to let go if the yeild is low.

did he share anything on the property outlook in the next 1-3 years?
did he touch anything on global economy and the effect on us?

This post has been edited by property101: Jun 5 2011, 01:55 PM

he commented based on past historical msia economy/prop downturn, the next round will eb somewhere 2020, when all the mega project completed. prop correction then after that fly again (eg klcc twin tower, completed in 96,97 then economy crashed in 98, and many more similar examples.. same thing as global eg 08 crashed after burj khalifa etc, us empire tower etc

Msia next few years is ok, becos got many mega projects to support..