Hmm...not a good example la....if you do not want to eat durian, you still got plenty of choices e.g manggo/apple/peach/etc to fill your stomach.

if you did not want to buy house/apartment/condo/flat/lcflat because of expensive, then you might need to consider buying sleeping bag/camping shelters to cover your head.

Yeah
Actually there are still a lot affordable housing. Don't be so picky then sure get one

This post has been edited by kh8668: Apr 7 2011, 08:58 PM

yeah...will drop will drop...maybe 5% - 10%? and up 10% to 30% lagi...before drop 5%..kekekeke

tomorrow the edge property forum 2011 topics:

Will housing property prices drop soon?
MRT: Real estate hotspots
Talking shops: Investing in shop units

hehehe....go to listen whether housing property prices frop soon or not?

Hmm...by that time, we should get two or three generations loan packages.

who knows, right? however, everybody 's aim is to get very own shelter.

work hard buddy

Yesterday, it's my first time heard my colleague (foreigner) said Living in Malaysia is damn EXPENSIVE...LOL

This post has been edited by kh8668: Apr 13 2011, 11:58 AM

Can see from this chart




Approval of loan application is actually gradually dropping from 60+% in previous years to approximately 50% in 2010.

8.55% per annum ler

http://www.moneychimp.com/calculator/disco..._calculator.htm

I think Sp Setia boss is trying to say new property price will be up 10% or more on the current price. Mean we need to pay more.

Maybe we need QS to tell us the truth on the building costs. Land cost is higher now we pretty sure.

.....SP Setia purchased its land bank long time ago e.g. Setia Alam land at RM3.50psf. Considered this price at the current market, it is cheap. and recent property market rally, for sure profits margin shows improvement.

This is so called the risks and holding costs to the developers, and their risks are being paid now.

Common sense, Although developers purchased a piece of land at a cheaper price tag long time ago, do you think they will build cheapo houses and sell to you at the current market? (assumed that the location is good and easily accessible)







This post has been edited by kh8668: Apr 15 2011, 10:10 PM

No worries...

Kajang/Semenyih/Sg Long will be the next

you will see more and more developments (townships) there in next few years, all the way to nilai.

---

Added on April 15, 2011, 11:59 pmand I found this good stuff http://tlcollect.com/ve/ZZ62BB74t856561FT953 http://www.digi-flips.com/digiflips/fob/kf...i-flipbook.html

This post has been edited by kh8668: Apr 16 2011, 12:27 AM

To buy a home or wait
Saturday, April 16, 2011 the star online
FIRST time home buyers who are daunted by soaring prices of residential properties in the Klang Valley should not wait in the hope of a softening in the property market.

Prospective new home buyers may want to take note of rising construction costs that are driving up property prices, as well as possible further interest rate hikes in view of the consumer price inflation hitting a 22-month high of 2.9% in February.

On Wednesday, SP Setia Bhd president and chief executive officer Tan Sri Liew Kee Sin said he expected home prices to rise by at least 10% this year, depending on location, to reflect higher construction costs.

“Property prices will not drop as the costs do not allow this anymore,” said Liew during the Invest Malaysia 2011 conference in Kuala Lumpur.

Meanwhile, a recent report from Hwang DBS Vickers Research says that as a proven inflation hedge, property should remain in demand even with potential interest rate hikes.

The report says while it is believed that the 70% loan-to-value cap managed to cap speculative activities to a certain extent, strong underlying demand from first-second home owners and upgraders has continued to support recent property sales, even at new benchmark prices.

The 70% loan-to-value ratio satisfies Bank Negara's ruling (announced last November) which requires buyers of third and subsequent residential properties to fork out 30% downpayment.

Also, a recent survey by the Malaysian Institute of Economic Research (Mier) on residential property in the country says an astounding 61% of housing developers who responded to the survey had adjusted their prices of their residential properties upwards in the first quarter of this yearthe highest proportion garnered since the third quarter of 2008.

None of the respondents in the survey had lowered their prices.

However, the Mier survey report concludes that pressure exerted by high costs of raw raw materials, fears of rising oil prices, and the interest rate factor could all combine and impact negatively on the sector in the coming months.

“This is likely to impinge on the future growth of outlying areas, and may also dampen the revival process of developments

that are currently suffering from low take-up rates, low population inflow and an overhang problem,” said the report.

Short-term outlook

The Mier report pointed out that “the short-term outlook for the residential property sector looks calm generally”.

Financial coaches and planners contacted by StarBizWeek also say that first time home buyers should not sit on the sidelines.

“There is no certainty that if you wait, you can get a cheaper residential unit. A property loan is long term. Even half a percentage point rise in interest rate will have a major effect for the home buyer,” said CTLA Financial Planners Sdn Bhd managing director Mike Lee.

Whitman Independent Advisors Sdn Bhd managing director Yap Ming Hui shares a similar opinion.

However, Yap cautions, “Waiting for a few months before making a buying decision may not make much difference in the purchasing costs, depending on the location and type of property the buyer is looking at.”

Carol Yip, chief executive officer of Abacus Advisory Sdn Bhd, also advises home buyers not to be too hasty.

“They must always look at their own financial positions and the affordability factor,” said Yip.

This post has been edited by kh8668: Apr 16 2011, 09:57 AM

what message you're trying to send us?

Traditionally, loan applications in Nov, Dec, Jan & Feb are trending a drop each year. March, April and May (2011)figures are important as it will tell how serious the implication of LTV 70%.

This post has been edited by kh8668: Apr 16 2011, 10:32 PM

MY OPINION- FOOD, DRINK AND SHELTER ARE AMONGST THE MUST THINGS TO HUMAN BEING.

FOOD PRICE INCREASE;
DRINK AS WELL;
WHY NOT SHELTER?

This post has been edited by kh8668: Apr 18 2011, 10:34 PM

yeah....You now A HOME, then your children = Many HOMES

when we old time coming, old folk HOME is waiting for us!..LOL

p/s: I still see my boss purchased BIG HOME

This post has been edited by kh8668: Apr 18 2011, 11:12 PM

No worries, bro.

my boss not that kind of speculator in residential properties.

anyway, feeling sick to predict/gestimate when property market will burst. No ending discussion and no new points of views.

Those purchased 30 homes are taking business risks.

Not many can afford to buy house, however, those still need shelter to cover their heads. Rent a house/room/shared-room are their options.