u think value of $$ always small meh, sometime the value also become big... i could lost a car (myvi, toyota..) if buy now loh...

freshie with 1.8k~2k u ask them buy house
u're like pushing them to hell.. or maybe their parent
freshie later kenot pay the bank .. then if their parent is rich. nvm la.. their luck..
if not... they kena blacklist.. then go for bankrupt.. wahhh.. yeng dou....
unless freshie dun gila gila go buy those that they kenot afford la.. eg : 2k they go buy 300k house.. yeng..

hehe.
then freshie will always have problem in getting their first hse.

sampool:
how can u lost a car if buy now?

You guys can open another thread. Nobody is stopping you.

if the bubble burst.. then ma no problem zo lo !

This post has been edited by CKHong: Feb 22 2011, 11:44 AM

freshies salary double in 2-3 years??? highly unlikely and inflation will be staggering

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Added on February 22, 2011, 11:47 amif bubble burst, most banks will tighten their purse string and reduce lending, and most likely most of us will be retrenched...

This post has been edited by jphlau: Feb 22 2011, 11:47 AM

buy now RM800k

buy later RM700k, RM100 extra can use to by altis...

in HK,SG,JP . >50% of your salary goes to your rental

ic, but when will it happen for the prop to drop 100k?
hehe

prop price in those country is sky rocket high, due to limited land for residential. and it is a good example of prop price will goes up slowly and hard to come down.....

i prefer paying less for the properties.. when most of us is retrenched... than paying expensive properties when we have work to do.. where we cannot afford to pay the monthly installment.
400k.. i got a job.. everyone got a job.. easy to get bank loan.. but.. everyday eat maggi.. weekend dun go out to shoping centre.. stay at home..
300k.. company retrench here and there.. bank tightten the bank loan.. begged parent to borrow 40k~50kk for the downpayment bcos bank tightened the loan and need more $$ for downpayment..
after few years when the economy become better... same as above..i got a job.. everyone got a job.. at least i dun have to eat maggi... can go for movie etc etc..
white hair also lesser.. less stress.. live happily ever after

if the properties reli don't crash.. price skyrocket.. then .. no choice edi lo.. i change my future house from condo to flat.. or apartment.. just betting my luck now on waiting for the crash hehe.. i dun care bank tightened the bank loan

+1 free car... laugh out loud !! hahahhahahaa

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Added on February 22, 2011, 11:57 am*those country" do u mean sg and hongkong and japan ??

This post has been edited by CKHong: Feb 22 2011, 11:57 AM

if Malaysia is moving at the right direction of a developed nation.... we should catch up around 30% of the trend in hong kong.... so it should be safe to buy now or in the near future

This post has been edited by kok_pun: Feb 22 2011, 12:16 PM

My friend told me he has put on hold the decision to buy a second house (upgrade) after some one told him this so called "theory".

The sharp price hike started in 2009 and continue to year 2010 as speculators and 1st time house buyers were buying up newly launched properties during these period. The commencement of the loan repayments are likely to start by end of this year or 2012. The theory foresee that the income of the speculators may not be sufficient to service the loan if they can't dispose off the houses due to stagnant income of the genuine house buyers. Thus the start of chain reaction of property price softening.

The theory sounds logic but no one knows for sure what will happen in 2012. Any sifu here can give some comments on this theory ?

actually in year 2002, they is ppl in US so call richdad (his book prophecy) already predicted there is crash in market in year 2012....

Exactly.

If you think they can't get later when they are senior. Then the fresh grads then even harder to get. If people cannot afford to buy, then how the price going to go up? Doesn't make sense right?

Only 2 possibility,

1. is rich people want to own 1 or 2 holiday home.
How many people are like this?

2. Speculators who hope to sell the property and make more money.
But to who are they going to sell to make this money? Other speculators? The grads can't buy it liao.

Conclusion, the price of homes can only go up to a certain level. Depending on the average income.

Like you fren, I also thought we'll have correction starting in 2012. I foresee this correction however will only be applicable to areas or developement where :

1. "New money" areas / development
2. Areas or development where its instrinsic value does not match similar, same locale developments. Lay man terms, OVER PRICED.

My bet is areas like TTDI, BU, DU etc will hardly kena....................

these areas are mainly old residential homes, surely will kena least if kena.
what do you think for new highrise in these areas?

what about old residential houses in puchong, cheras, subang?

without a promotion or job hopping it is unlikely to double the salary within 3 years. average yearly increment is less than 10% for most companies.

the price is still mainly due to demand and supply...
the price will still goes up if there are ppl willing to buy at a higher price, if they think they can sell out even higher than the price they bought.

and the price will be affected with inflation and cost price of new dvlpmt... if a new shop beside your old building is 10% higher than yours, surely urs will goes up too.

and for sure price of new project will only goes up, as company needs to make more profit....

someone said that subsale properties is going very little rite ? most of ppl buy is new development..
thats why agents doing part timer for auction unit..
i duno hear who say liao in this discussion forum..
subsale > if they buy for their own stay.. they need to have
10% of the properties +
berpuluh puluh k jacked up price compared to the market value of that props +
SnP etc etc +
(optional) renovation

thats why people hardly can sell their props now.. except for those who got family support..

V2 already... and still prices are sky rocketting.

1st of all thank you for opening the thread for discussions and debates.

And as mentioned throughout this thread the prices for RE in Klang Valley and Penang are rising sharply for the past few years.

And for those who are looking for a decent place is struggling... (myself not excluded).

For those who have purchase, will buy the 2nd one...etc..etc

Damn those speculators!...

This post has been edited by eastern: Feb 22 2011, 01:45 PM