Hello friend, give yourself and everybody a break and don't be so provocative. Everybody deserves to voice their opinion and nobody says that you are wrong when they defend their own. It's not wrong to go to Malaysian church or Asian church when they are in oversea because things will take time to change. Malaysia is multi racial country and all the races comes from different parts of the world previously and what is your opinion regarding Malaysian status now? Did all the races blend all? We got to be open minded and instil positive thoughts. A lot of time when the world changes, some would still insist on getting on with their own lifestyle of not having liquor, smoking,dancing, partying & etc. Does it mean they won't be able to assimilate well into the 21st century? Obviously no. Peace brother.

lucerne,

<<til date, no one can deny majority of ppl invest in prop made $ over long term. those loss $ is minority. >>

I disagree with you. Through my first hand hand knowledge of many friends and families, majority of people LOSE MONEY on property investment. Only a small minority makes money.

Dreamer

really? my goodness
i hv no idea
becasue so far i only heard success stories at here
well the guru here will say location location location...

The point i am trying to make is that some of the people who migrated tend to have alot more tolerant level when the country they migrated to has negative impact on them. especially in orang putih country. For example, when they go to the immigration dept in australia or banks in australia, even though those people working there (usually white people) are slow in attending to them, they (the migrants) dare not make a fuss about it (i witness this with my own eyes). But when the malays are slow in the govt dept in malaysia or the malay staffs are slow in the banks in malaysia, we tend to be very aggressive towards them, some even scolded them (again witness with my own eyes).

What i don't agree is alot of this migrants when they go to western country, they tend to suck up to the white people, eventhough the things they do may be as bad, if not worse than the malays back here in malaysia.

For example, when going to interview in the govt dept here in australia, asians migrants generally can't get the job, but instead they don't admit to the fact that racism is happening, they tend to say well maybe they require different skills set and etc. But in malaysia, when govt dept don't hire non-malays, we will say is racism. I'm not saying racism in malaysia don't exist, of course it does. but it also exist in the western society also, but these migrants is like not willing to accept the fact that it exist.

I get the feeling like they think white people is more a superior race, so is ok to suck up to them. And even rejected by them, the migrants tend to think that they are not good enough yet. But the way we, Chinese treat malay attitude is like they are less superior than us, so we cannot be "neutralise" by them, and if they reject us, is not our problem, must be their narrow mindedness.

Sometime we need examine out attitude first before we blame everything.

Yes, i do apologize for the provocative tone of my remarks, but actually it is to stimulate discussion like what we are having here.

Uncle dreamer has spoken. This is something i want to know. Difference from the conventional concept...

many lost $$ in condo/apartment... even some burnt all their $$... project abandon..
those who not lost also need to service their loan with low rental rate... working for developers & banks..

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Added on June 16, 2011, 3:11 pmi think this is case by case issue...

This post has been edited by sampool: Jun 16 2011, 03:11 PM

back to topic:

http://forum.lowyat.net/index.php?showtopi...post&p=43117627

does this shows BBB mode still on. really such huge demand still? hhmmm....

Read from newspaper few days ago that the property in China Major city has dropped for about 5% and it is estimated to drop further in the near future. This is because Chinese government would be adjusting the Rates some more.

Read from newspaper today that Singapore property has slowed down compared to the previous quarter and asia investors have shifted their attention to the property in US,UK and etc.

I would think that we think that gather all these facts so that we could predict what would happen to our own country.

Please contribute if you have more info. Thanks!

One question, would the end of QE2 in End June 2011 affects the property price in Asia?

This post has been edited by GangHo: Jun 16 2011, 03:33 PM

i can see this type of action behaviour happen in yrs 1996.... ppl need 2 days (stay overnite) in order to book the condo/apartment... (some even hire indo to reserve the place for them) after all in 1997 crash... all come in sudden...

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Added on June 16, 2011, 3:30 pmi wonder in my dun hv that fear leh.. hehe... i think all is hero or trained to be hero some time ago...

This post has been edited by sampool: Jun 16 2011, 03:30 PM

if it is not sudden, it isn't a crash!


one can take this lightly and gomen surely seem to be so - they keep borrowing and allow you to borrow to the hilt. may not be a property balloon any more but one big debt balloon.
been said a dozen times here, ballooning debt is simply not sustainable. what will they do eventually? default on debts? devalue currency? maresia still paradise in 10 yrs time?



This post has been edited by AVFAN: Jun 16 2011, 04:32 PM

maybe u r right. if everyone made $ then difficult for me to make $ lor.
so far my 10 prop, all made $ , i mistaken it is same for everyone.. cheers.

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Added on June 16, 2011, 5:49 pmopposite view from zaobao singapore.. HDB price in Tempinis reached new height.

http://realtime.zaobao.com.sg/2011/06/110616_33.shtml

if QE2 end, then Asia jia lat liao.

This post has been edited by lucerne: Jun 16 2011, 05:49 PM

BNM is trying to prevent the bubble happend by tighten the approval n etc.. , if successful then we r lucky, if not then we r in same boat.. LOL

You mean you see the exact same person(s) treat 2 different races differently?
I don't know if the Aussie interviewer was being racist, but its against the law. Racism occurs everywhere, and I believe everybody has a bit of bias. But at least racism over there isn't institutionalised.

thx guys .. many good info..need some time to digest.

There's always risk in investment.
House Bankrupts family

the place i am staying now asking for 2k rental fully furnish
not that i do not welcome it
but just feel like the price is really geng
wonder how ppl afford
or it is just me that earn not more...

thinking of staying at another place and rent the unit out
2k is not bad...

A successful property investors need to do their homework well, have holding powers, have their exit strategy. Unfortunately these kind of savvy investors are not many, what we have in the market are followers, those who buy properties blindly (which is the majorities).

So what Dreamer said is right, majority do not make money in property, some even got burnt.

WOW! means I am in the minority that make $$$ from props
dunno abt those majorities & how they invested like fuk till lose duit
if those majority had done BASIC homework ie. prop developer must hav good track record & its reputable

even abandon but if location is goodie, the prj wil be back on track (ie. the condo nex to metropolitan college ss15)
u pay peanuts, get monkeys, u pay more.. u know la & the basic rule is location, location & location
of coz, some prices is jus ridiculous (eg. lafite apartment in ss17) PLS USE COMMON SENSE

I can also say that I have never lost money investing in the stock market. This is because I only invest in fundamentally sound companies with solid dividend yields and I have the staying power to ride out fluctuations in the market. This doesn't prevent me from knowing that very many people lose money in the stock market, especially when they play using borrowed money.

A lot of people make money do not realise they are not making money, but still claim they are making money from properties.
No offence.

For eg. you bought a house with capital 200k, after 10 years, you sold your house, let say gain 100k
99% of people will claim they are making good money of 100k, 50%, magnificent.
But gain 100k from 200k in 10 years time, FD also can achieve it (last time, 90's when FD was average 4-6%).

This is not actually "make money", nor can be classified as successful investment.

The actual make money, is that your achieved gain surpass what FD can offer you, at least 1.5x above, only worthwhile to be classified as "successful". My view only.
Just because it is a net gain, doesn't mean it is a successful investment.

So my FD also a successful investment...


This post has been edited by cherroy: Jun 17 2011, 02:38 PM