That is y, Barang Naik also their happy onli....

Urbanization no way back.
Only those who were born 1930-1975 may think of going back to kampung when getting very old, like me a kampung boy will go back one day
those youngsters born in the city, no way, they will claim no Paparich & Mid Valley in Kampung, how to survive

Man..it is not look down on rural pppl...
Every human being have their purpose on earth
all are equal.....same flesh n blood
Gosh i dream of owning a house out in the country
for retirement....

it is just that there are fewer opportunity in rural areas.

So city folks, don't be despair. Even now staying in a pigeon hole. You can always migrate 1-2 hrs from the city upon retirement and build ur dream homes v acres of orchard to yourself and family. Of course have to plan now not after retirement.

Never know what's going to happen 10-20 yrs down the road. Globalization and urbanization taking its toll. Sporeans coming to KL to seek jobs, KL folks going back to kampung to cari makan. Human like animals just follow where the food source.

In the past, people don't want to be rubber tappers. Nowadays people happy to be rubber tappers, even managers also drop his pants liau.

You never know when the wheels going to turn around.

Moral of the story, never be too proud and learn to cherish what you have.

that why freehold have the advantage, not to mention the bank will loan you anytime with freehold title but not leasehold & the appreciation difference between them. There are also the type of owners living condition difference between freehold taman & leasehold taman.

This is the 1st time i'm in this thread, i duno why i even missed this sticky topic.

Seriously, are u all waiting for a property drop ?

not all waiting for prop drop
at least not for speculators that replied this thread

i hope so laa
but a lot of ppl say will up up up

Either wait for it to drop or increase still the same, cannot afford now.

But, indications do seem to point that it will drop in the coming year or so.

well. new and young grads are hoping for it to drop so they can afford their first house

experienced speculators/investors are hoping for it to increase so they can $$$

huge struggle. well i'm part of the young grads so i'm hoping for it to drop so i can put a roof above my head in the near future.

True.

but my question to the speculators is, how they expect the price to increase without considering new comer's pay?

Where the increase coming from? Simply from more speculation then.

Err.. there is a topic somewhere here about bubble with graphs showing property appreciate even if crash, but prices won't be cheaper than launch price, so u still pay more in the end.

However, its possibility to grab properties in a crash when :
- new launches priced lower because developer giving lower specs + smaller bu
- developer open up not so nice locations in their township to sell flats/aprt
- 2nd hand completed properties in bad location/condition auctioned
- 2nd hand completed properties in good location/condition auctioned due to distressed sellers, but u'll need hard work & a very keen eye to catch them, if at all it is available

i think i saw it some where
mentioned this is the first time in history of this boleh land that so many new launch mushroom and new launch price jack up by developer a lot
so due to huge supply and high price, the future price would up so much
not sure how true is this…

In many countries (Singapore, the West etc), most people work for at least a few years before buying their first property. Buying the first property when they are in their early to mid 30s is the norm.

But here we have fresh grads looking to buy a house, and when they can't afford it (actually they can ..... if they are willing to compromise on their expectations), they blame it all on the "speculators".

This tells me Malaysian property is still affordable and prices have room to go up

Actually IMHO, malaysia fresh grads are not looking to buy a house jsut like several die-hard forumer in this thread. Those fresh grads are actually looking forward to buy a new car to drive on road. MYvi myvi Myvi; persona Persona persona. Those are everywhere. I always being told:
1. "Why so early buy house? I'm not going to settle down so soon!"
2. "I just started working, I still don't know where I will settle down later, so why rush?"
3. "I don't have a girlfriend, moreover being a medical specialist and thus a reputable professor in a education hospital is my aim!"

My view.
I would say the bolded part is wrong and unrealistic

Even it drops, it won't drop to dirt cheap until let you to buy cheap.
A 400k properties can drop to 350Kor 300K, it is still way beyond affordability mostly. (if one cannot afford 400K, likelyhood is not afford 350K as well)

It won't drop to 200k or 150K for you to buy.
If it does drop to 200k, then situation has changed which one might fear about getting employed or not.

but 50K or 100K is huge different. maybe 15 - 20%

i noticed more and more people are talking about property these days.

even some of my young colleagues (in their mid 20s) are looking for property for investment.

from my experience, when there are more and more people jump into a particular investment vehicle, it probably is a good time to run away.

however considering many asians do have better saving habit and living within their mean compare to westerners, i wonder if these new buyers will be desperate sell fast or will hold on to it as property is always known as a "always up" investment vehicle in the longer term.

This post has been edited by property101: Mar 5 2011, 02:20 AM

Agreed, a lot of my office mate talk about property bubble, hoping housing price will drop when its pop. But imo the house value will remain the same , it just how willing seller to drop their price(subsale), for new launch you can expect smaller builtup but the price per sqft will remain the same. But frankly speaking i do not feel any effect of property bubble right now only effect of ltv 70% .

bro... 300k vs 400k.. month repayment based on blr-2.2 (which is 4%) differs alot...
as for me.. i'm just worried for monthly repayment only.. one is around 1.5k~1.7k and another is 2k++
thats why we're waiting it to bubble at least few puluh k only we can afford the month repayment..
i dun agree with above (red color)
as now most fresh grad can go for 2k~3k
so if its 300k.. month repayment way more affordable than 400k...
6.6BLR is consider very low already..
i think BLR will start to increase..
so if monthly repayment (400k) is 2k ++
what happen to us when BLR go 7.6 8.6 ?? monthly repayment maybe can get until 3k++
that is wayyy out of our budget.. we eat pasir also kenot afford that..
that is for my case la.. 400k kenot afford.. 300k i'm able..

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Added on March 5, 2011, 3:22 amspeculator kenot tahan the monthly repayment.. they'll be forced to sell the unit cheaper.. else they'll need to apply for bankruptcy..
if they bankrupt.. then more auction property which is near to market value or below..
as for now all the people sell their properties way above market value
eg : market value 350k they sell 420k.. how to buy woh ~
[ps again : not for all speculator yeah..]
u will feel the effect of property bubble when gomen failed to change our country to high income..
petrol, food, electric all UP UP UP
salary low [nobody buying the subsale]
people started to change from renting high end condo/normal condo to flat/apartment[cheaper]
depend on gomen .. [like the local news stated] 10~30% where i dun think thats possible... if able to increase our salary to that extend.. i'm ok with property 400k and above

This post has been edited by CKHong: Mar 5 2011, 03:23 AM