Dun forget we are discussing whether property price will drop or not, we are trying to give our humble advices wat to do, are you a student still? why part time job? We shd work at least 2 jobs if money not enough, and not 1/2 job

if real disaster strikes, youngsters will say "See, i oledi told you to enjoy life first lah. never listen"
if no disaster strikes, old people will say "See, i told you to save more money one lah. never listen"
there's no right nor wrong. just different opnions, different paths.

what i noticed is biggest difference between asians and westeners, the difference in debt. asians tends to provide as much as possible for their kids. at the very least, try to provide graduate degree to them so that they graduate debt free. unlike westeners usually in debt upon graduation.
but some/most asian tends to go the extra mile, give them a helping hand eg deposit for a car, downpayment for house purchase, dowry payment for wedding, etc.
maybe it's tradition that once your parents treat you in this manner, you tend to provide the same thing to your kids. so if your parents never sponsor you education, you also might think, if i can make it, so does my child. or if my parents pays for my studies for degree, i should also make sure my kids can graduate debt free.

Quite agree. but let's see, wat will happen for the next 20 yrs, my prediction is American and European are going to suffer a lot as they enjoy too much already, country (except German) will be in deep shit, Asian pamper the younger generation, likewise Western Government too much pamper the people, look at Greece will do. No surprise if Chinese become a common language widely communicated among Europeans one day

seems like ppl who thinking the 220k scheme can work and support goverment "EVERYBODY CAN GET THEIR DREAM HOME" slogan mostly are the ppl who:
-DOESN'T NEED to use THE SCHEME. (my question is VERY SIMPLE and easy, js tell me whr can i find it, but what i find out is.. all the analysis and theories,  frm few ppl somore. why can't u all js answer straight... NO, u DON'T GONNA FIND IT) leh
-already hav a prop or few props
-hoping the price would NEVER EVER DROP ( who doesn't, hah! )
-NEVER experient 98 crisis, they might not even start working during that time (2008 can't consider crisis for malaysian, i dun think it's affected our props much)
-super positive of malaysia situation, might baru make some money currently (mostly age is abt 25-39)
-BN supporter (HAh! tat make a lot of sense.)

here is the person with 3k a month:
3k = 3000 and might be LOWER than 3000
after deduct epf + socso + tax i think is roughly 2.6-2.7k?
after deduct life insurance(let say cheapest 1) + daily meals is roughly left 1.8k?
if take public transport then left abt 1.4-1.6k? (if i stay far far away might cost even more)
if give parent pocket money then left 1.2 - 1.4k?
if average phone bills, electricity bill, internet bill, daily needs like sabun, brus gigi thus lap lap cap cap things then left 800-1k?
with this very kesian 800-1k (MIND TAT, already cut off all the entertainment thus "wasted money" cost), wat prop u can buy?
buy a prop, beside ur installment, u need to pay maintanence fee, repair fee(if u get OLD unit), taksiran etc...
who suggest to Get a car 1st?? sorry to say that --> u pay for me ah!!

and and and, DON'T FORGET the scheme is NOT FIXED LOAN.
once the BLR increase a bit, really eat grass lor.

Everybody can simply analysis and theories like u n me, if u nvr put ur feet in their shoe, u nvr know how the situation is.
An analysis and Theories with not practical = EMPTY TALK
That's why we all in here.

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Added on March 16, 2011, 7:08 pmone thing u haven't tell..
no deserve to buy a prop for ur kesian 3k..

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Added on March 16, 2011, 7:14 pmhhmm... malaysian get closer to their lifestyle and thinking? not think so..
besides the inflation closer to them... everything else left behind.

This post has been edited by totila: Mar 16 2011, 07:14 PM

Frugal life doesn't mean not happy life.
Total unrelated.

Life is a journey, working hard, live frugal style, once look back can also an enjoyment.

Living in a big house, travelling, when you cannot have it, seems very enjoyable.
But once you reach the stage, sometimes, you wonder, is this an enjoyment?

Whether youngster want to enjoy life or not, it is individual matter, no one comment.
But if a person want to enjoy, but saying the income is not enough to enjoy, raise debt to enjoy, then this is the person problem. Please don't blame environment, don't blame anything, but himself that inability to earn more income.

How many people want to enjoy now, raise debt, sign credit card, max the credit limit, seeking for personal loan to spend money only, in the end of day become the slave for banks to loan repayment for the rest 5 to 10 years?

OK fine, with tis kind of mindset, giving you born in 50's, 60's, 70's, you won't be getting any house either, dream on!

u think badawi announce mrt will be made available to rakyat, then next day sudah ada ke?
it takes time to do planning, surveying, cutting the cake anyway, it took so long, tat the northern states r now in the other camp
now tat bn had come out the plan & finalise all the details

the developers need to take time to calculate is this a feasible projek ie. 220k scheme
where to buy the land, wat r the cost involve, how much profit can make by doing this
unless u r the microwave generation, alwiz wan everything instant & thought the world is like maggi mee

we r here to share & giv u newbies some positive mindset to work smart & hard to achieve ur dreams
no point being a dream chaser, wanna chase dream till when? set a goal, break it down to achievable targets
if only earn 3k, then use a bike or they take the train. learn how to save & not jus mus hav the latest gadget & clothing for aksyen purpose

sorilah, i'm not qualify to use that scheme, i'm js saying the scheme doesn't work, doesn't mean i dun hav hse.
paiseh paiseh!
governmen'st plan need to be practical instead of having empty talk like u la.
sigh... seems like another stupid plan of planning the nuclear plant. sigh..kesian malaysian...
selsifh goverment and selfish ppl.

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Added on March 16, 2011, 10:15 pmi think the usage of the 3k is not included entertainment and gadget or watever cloth lar.
next time if u want to reply a person, pls read thru their thread 1st.

This post has been edited by totila: Mar 16 2011, 10:15 PM

how i wish i am still a student
i have a full time job and also part time jobs
but most of the part time jobs $$$ go for babysitter and kids fund

thanks for your "humble" advice.
i know i shud be grateful taking advice from Semi-d sifu while i can only afford a terrace.

well since those 220k faraway areas not develop yet
start saving the 800-1k la, after 1 yr, the amount saved should be increasing
oso govt does allow monthly repayment via epf for prop
get something affordable, if there is none, work harder to get more income
the thing here is there is a mismatch between your dream & reality, learn to close the gap, go spent 100-300 for entertainment & idea generation
bal 700 pm kenot get anything meh for 30yr loan

http://www.iproperty.com.my/property/searc...99&lo=&wp=&ns=1

u think the government is so organized?

lol~

clearly you don't seem to know our gomen well...

(all the hard work is done by foreign companies after XXX number of GLCs sub continuously...How would you explain their latest MRT alignment plan without any hard data statistics when questioned?)

tis under table thingy is not a place to be discuss here, unless u like taiping prison with 24 hour security & all meals provided + early morning exercise
I dun care wat they wanna do or how they wanna align mrt from left kok to right kok or back to front
ur job is to make use of the resources u have & stay focus to get ur prop
so when u gonna knock on the door of any developer ceo & demand for ur prop rights?
u just see their prop brochure & take the offer which they hav for u. otherwise, walk away la

actually there is the only way to get a hse like wat u have said.
i js give a big doubt to the 3k income 220k full loan scheme oni, it's sounds good, but doesn't seem practical to me, the debt would roll even bigger. Credit card already can make youngster nowadays bankrupcy liao, somore the full loan??

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Added on March 16, 2011, 10:47 pmand... nuclear plant.....


This post has been edited by totila: Mar 16 2011, 10:47 PM

u really are naive aren't you

totila, yes, the debt would roll even bigger & the outcome wil be known in a decade time, u interested to buy an auction unit of ex 220k prop?

dtna7, since u r not naive, wat r your solutions then?

RAWANG ----> is this way

I dun own SD, someone quoted wrongly, anyway tis is not important,
when I graduated in local University at age 25, I wish I was born much earlier as the property price in Subang are 80K in 80's, my salary is RM1100, landed property in Puchong already 160K-180K..
And now I look at the young group, I wish I will be born later coz all of them graduated at age 21, can start to work to earn money (4 yrs earlier than me), some of them are given car or allowances while they hv fix income, at least carry sophisticated HP, notebook & Air Asia came in the right time for everyone to fly (even with low income), my 1st flight trip at age 30's, can you imagine? (but m still luckier than my parents)
We are not here to waste time teaching anyone, just a sharing experiences, ignore if dun like, the easiest way to earn money is also the hardest way, work harder man!!

i think the 220k scheme is oni aim for govt servants. just like court mammoth case, if no deposit needed (just prove u work with govt ), all can start buy new furnitures, tv, hifi etc.
the more this ppl are in debt, the longer they will stick to bn-- hope more goodies/support will come. look at felda u will know.

the govt oso want to impressed the poors that govt is care for them.

for u and me work in private sector, better earn/save more to own your house. 3k salary cant do wonder for u.. trust me, u need more for living.

now somone who make sense.

Dun get me wrong, i was solely rebutting on the confidence you put on our gomen.

If you would like my views on the 100% Loan Scheme however, I can only say our gomen has successfully launched yet another stupid phailed project without even doing the basic arithmetic calculations beforehand. They expect fresh graduates to eat broth and breads everyday? Or they are just hinting that you need to lie about your financial status, giving opportunities for these ppl to try out property invesment.

On a side note, no offence but I am way off the 3k requirement already