Good write up. Old folks too hard to understand, still in wonderland. Tat's for your generation.

http://www.youtube.com/watch?v=aJl6brFT-RQ...player_embedded

http://www.youtube.com/watch?v=Mxgiz6T17RU...player_embedded

Average salary 2k or whatever that is much lower. Regardless of you are a fresh grad or primary school level.
No need to go n look for good boss, your salary is the reflection of how important you are in the market or to the society. If you are capable and able to grab what the future needs and short of. (THE GOOD BOSS WILL COME TO LOOK FOR YOU AND APPRAISE YOUR SALARY APPROPRIATELY)

If you are a just an average joe or store keeper that carry out routine job then don't complain, the limit of your level is only there either you upgrade yourself or lag behind the race. The world is like that if everybody also high income there will be no rich and poor differences. If that's the case developer sell 100 unit of ideal house that 1000 people with high income fit for the house price tag, who will get it?

Stop being ignorant there are alot of rich people in malaysia, I got friends earning 6 figure a year and that's normal. Our age just early 30.

On a cumulative basis, the ETP has to date recorded RM170.28bil in investment; RM220.15bil in GNI and 362,396 new jobs. This is the largest ever in history in such a short period of time
http://thestar.com.my/news/story.asp?file=...1&if_height=665

what's in it for your banker? 

Just to correct my primary English std on my earlier post, the word "cheap labor cost" is inappropriate, shd be "Relatively cheaper cost" for our professionals as to compare to Western, or even Singapore or Hong Kong (professionals).

Of course I know many Malaysian Chinese are very intelligent and hard working, they are paid high salary overseas, dun get me wrong ( apologize if I hurt yr feeling) , I am referring to those talents professionals who are still working with local or foreign firms in Malaysia, their knowledge, skills, attitude, command of multi-languages are very outstanding, but they are paid in RM, foreign countries would love to hire these professionals to work in their country, to them, value for money. I think yr case is differentla, you study overseas and you started yr career overseas.

It is your choice where you want to work, and where you want to stay, again I respect. Good luck to you!

If every successful Malaysia Chinese professional fr overseas can be like Tony Pua, this country got bright bright future! He inspires me a lot, Salute him!!

one of my friends bought his property recently.
while he is taking his loan, he just asked about his 'available' credit for his next purchase.
the banker told him he still got about rm800k for his next loan before being capped by 70% LTV.
the banker further advise that he should mati mati get a property around rm800k as his next purchase else he would have wasted hi credit opportunity?
i was thinking wtf??!!

if u buy now, of coz la, crisis & opportunity alwiz cum around once in a decade 

AIYO, PLS USE COMMON SENSE LA, some props ridiculous price, I no buy la, but some new launches is priced reasonable & which part I say market not gonna crash? & buy every props in sight  pls provide link

interesting, can you share your success story? e.g. how much you bought the property, how much you paid, how much you earn? well we are all behind the nickname, don't think so ppl will rob u

<7 years you would have paid rm126k>
Really? RM1500 per month for rental... this must be richman loh... so wat the worry....

LOL....wat about interest occurred as well as other costs? By the end of the tenure, usually you would have paid 600k for a 300k house de. What about the other costs?
It depends ge lar

but when we look back, BLR is increase and also -BLR also increase thus make no different 

I have got better offer than 2.4 from 2 different bankers and it is during beginning of the year.

7. You can borrow money from gomen with very low interest, sometimes lower than banks. You see how successful money spinning within the Sg gomen?
CPF(gomen) --> HDB(gomen) --> Bank(gomen) --> You --> CPF(gomen).
In MY, You --> Gomen --> Cronies --> Gone  

ALL THE FEEL GOOD NEWS ONLY LET THE SPECULATORS HAVING ENUF TIME FOR THEIR EXIT STRATEGY IN PROP.