rural areas has less earning opportunity....
so come to urban with more activity

A non sequital comment:

I hope that BBB means build build build!

muahaha....

"they've rushed to the life boats first, and now teasing us, aboard them"
the thread started on 13/7/2008, pls refer the yahoofinance graph for timeline explanation
Post #1188 http://forum.lowyat.net/topic/741185/+1180

beginning year 2008 market shows sign of cracking, wat were u guys doing? enjoy york aircond in tempurung!
I alredi run to the life boats (ie. cut loss) and absolutely no idea wat wil happen next
if I tell u to run to life boat at tat time, wil u follow then or u tease?

ending yr2008 early yr2009, market totally cracked, tis is call OPPORTUNITY, since alredi sold earlier
at tat time, most of u wetting pants & no idea wat happening
most would be asking, to spent savings or to add more savings, but wat if the worst happens

now yr2011 only u guys come to the life boats, wat u wan me to say?
alredi say to buy so many times, u all say no & say the worst is yet to come
those who do their proper planning irregardless of wealth will survive. someone said even flats price went up

You think I had the luxury to buy it then? Not everybody is as rich as you.

It still is the same. Buy only what you need, don't buy more than you need.

What you're saying here is just like the guy, who couldn't wait for the guy infront of him to count his change, you cut queue, and is saying, "hey I told you to faster you don't want." " tis is call OPPORTUNITY".

In otherwards, you're the guy, who row away with the empty life boats, while the rest of us were considering what to save from the ship. In return for space on the lifeboat, you want whatever we've salvaged.

If we can't meet your demand, then you row off in it waving good bye.

haha.. same here.. i baru started working
mana ada luit !

this captures it all.

houses, most people still buy as homes. Highrise, more vulnerable to risk as better rental has traditionally made it a cashflow type inv.

investors, some diehard as they are, will now go plunge into pigeonholes due to to low entry cost. do you call this investment or speculation or gambling at this time given all the indications showing up now?

ahhhh.. another good news.. the place i'm interested.. i saw got one unit go till 360k ! down from 380k where i see it last 3 week(in iproperty).. but didn't make a call to the agent also.. one of my colleague going to see the unit and phone the agent.. the agent quote him 2 unit.. 380k !!
i hope it go down till 330k then i will buy straight away ! yes !

got some question.. hope someone can tell me the answer.. cus lazy to open a new thread..
anyone know how much is to renew the leasthold ? let say the prop i buy left 20 years.. then if i wanna renew.. how much will it cost agak agak ? pj area..

This post has been edited by CKHong: Mar 2 2011, 07:40 PM

Leasehold renewal can be around 100K:
http://thestar.com.my/metro/story.asp?file...378&sec=central

"Most residents of Petaling Jaya Old Town whose property lease is expiring in three to 15 years had a shock when they applied for an extension. The premium now costs them between RM80,000 and RM100,000, compared with RM40,000 four years ago."

http://biz.thestar.com.my/news/story.asp?f...24&sec=business

"Property prices of the local residential sub-sector are expected to be flat in the next few months as fears of rising oil prices due to the political unrest in the Middle East may damper investor and buyer confidence."

the reason property prices keep escalating is because today we have more gurus who promote real estate investment to the mass public. as a result, people are going into real estate investment in a major way like we have not seen before.

example is this guy
http://www.facebook.com/pages/Get-Started-...EN/198036411714

It is good to attend some property talks but dun over react to it, Malaysia is called the Kingdom of Direct Selling, in this boleh land really produces world top class goring kaki...
Sometimes those gurus are giving misleading teaching, instead of educate investors to invest, it might end up put them in hell. Property investment involve huge amt, must be conducted in a proper manner, a miss judgement would end with lifetime suffering

as well as stock market investment ...

Sign of bubble....
Remember 1994 when untie in wet mkt ask you to invest share mkt...
And now, I even heard secondary school students talk bout property investment, be careful be careful
And my old college mate just suddenly change her job fr branding manager & become property guru...bubble is in the creation

So... property prices going to drop or continue to rise??? Sifu please advice me

True, I found it disturbing when I heard aunty-aunty ask their children to invest, because they heard from other aunty that good time to invest. then suddenly, heard from aunty-aunty should not invest...

They don't know anything, just blindly follow.

no need to get disturbed, it's human nature found everywhere esp when the circumstances permit.
watch the oscar winning doc "inside job", you'll understand why the us subprime crisis happened.
buyers were just lured into buying anything, even when they clearly can't afford it. banks lending freely, greed everywhere.
the result... rows and rows of empty houses with signboards... for 3 years now.
here may not be exactly the same, but good chance some fringe devs become something like that in 3-5 yrs time.

Thanks for ur info.. oh man ! need to fork out that much money when wanna do extension of leasehold.. =.=
haih.. some said doesn't matter leasehold / free hold.. seems like not reli correct..

I can't see why we human beings can't wisen up and be more civilized. Too much kiasu culture.

If everybody was alittle more considerate, this world will be a better place.

because more and more humans on earth now subscribe to "to have" rather than "to be" way of life.
material possession is becoming increasingly the norm, much less just to experience and pass on the materials.
living in a 5 star hotel for a couple of nights a year with room service is not good enough.
better to have your own beautiful house and hire a maid!

Not exactly true. Things might change in future when people from urban moving back to rural.

Friend of mine staying in so call rural area and work part time as a broker. Personal property/land acquisition like every 3 mths. City folks like us can only dream of tat once every few yrs. If you are resourceful and got plenty of insights eg where the development going even when the land is still full of lalang, that where these 'genius' hit. Last thing they look for is when it has been developed into another KLCC or Mutiara, tat when they already gone far far pocketed heaps of profit.

Moral of the story, never look down at rural folks. You never know how full their bank account even only wearing slippers and riding motorbike. []

yes
never look down on rural folks
that day tv got show interview some rural folk
how is their life like
the folks said
normally 20k a month
sometimes over 30k
but sometimes <10k also (rubber field)
this kind of earnings
urban normal employees can only dream...