good one!
the info itself says a bit - since the majorty are for high prices to continue, can conlcude more speculators have jumped on the bandwagon over time.
perhaps the party will last a bit longer than most think. and ok, someone said before - live by the sowrd, die by the sword. no qualms.

bravo to the bold sentence!

imho, prices and demand for landed properties will not drop, those higher end bigger unit condos, may be.

reading all these postings make me worry sick.
i better fast fast grap a house.

yea... can grab a house.. then grab liao..
if i got $$ i also grab one..

but if dont grap now, later even harder to buy, how???
man, this is scary...

yea.. grab those that u can afford.. else ur live will be very miserable...grab wisely..

but now every where in KV seem UP UP UP
so grap any where in KV seem safe...

lol..
seem safe only.. not confirm safe..
nothing is confirm one..
diff ppl diff thinking.. so buy wisely

there is another thread in Business section, a lot of people seems to be able to save huge portions of their salary, current property price is still affordable for many people?

http://forum.lowyat.net/topic/1750105

(ok...i know some people are going to argue that they are the minority, is there any other point of view apart from that?)

I agree that properties will never depreciate.
But never in history (Malaysia's at least) had properties' prices increase in such magnitude(30%-70%) in a span of 2-3 years, while salary is stagnating.
Some may argue that with household income of 10k-20k, properties are still affordable. But let's be real. Are they the majority??

I have always believed that fundamentals will always have a final say.

And from another point of view, if this speculation, or appreciation(as most of you of prefer to believe) of properties prices is to continue, do you think the majority who could not afford a house will just sit back and just reflect at their misfortune??

Do you guys think the government have learned nothing from Tunisia and Egypt?? People's hardship = government's downfall. And bear in mind that majority of our people still think 'crutches' is a privilege of theirs. Bet your life that government will intervene.

So start looking at things in macro.

Just my 2 sen.

I think properties price in KL definitely will go up, but the magnitude is uncertain, whether it's really huge or just a mere few thousands. The key is offcourse location and the modern design that catch the eyes of the buyers

That is the stock market crash caused by withdrawing of the 401k by the baby boomer. By law they are required to withdraw when reach a certain age.

Kiyosaki already predict Lehman will have problem in 2007 / 2008.
So this year he predicted the fall of China and a second wave of sub-prime.

---

Added on February 22, 2011, 10:20 pmQuote for truth. As properties keep going up, people start to be aware. Now wait for euphoria.

This post has been edited by jasonhanjk: Feb 22 2011, 10:20 PM

depend on what u want ?

to stay = look for security and location
invest = hot commercial market

Never say never, properties do depreciate like in the US or in Malaysia during 1997.....and it will happen again...the million dollar question is, when?

Even though properties price is escalating a lot, the rental rate is not at the same pace with properties price, move like turtle speed only, some even hardly increase much.

It just means rental yield is not attractive anymore (for some properties), so for investment purposes, it is not favourable factor.

Previously, invest in properties, you have 2 front to "win" either good rental yield or capital appreciation, or both.
Now become solely rely on capital appreciation, without good rental yield.
Lose one winning chance. (although it doesn't mean you cannot win in capital appreciation).

Good point there. And if rental is less of a purchasing factor, then it will be less attractive for people to invest. Thus the slow down of the property hike. If it does not slow down, then there will be a pop, because obviously it was sustained by speculation only.

Just to get this straight for everyone.... Property bubble is a fact not a myth. The only question is When, Where, and by How much.

Despite our research, it may go either way. So don't be too proud no matter which side of the fence you sit.

But on the non speculators camp, we can't help but jeer, because basically, the speculators have made it a living hell for us to afford a home.

I am tempted to get a 2 or 3 upper-low cost homes to invest and rent out, seriously I know of a very nice place. The prop is near to a new industrial area, and the houses are not in disrepair.

But I am not doing it because of ethical reasons, and because I know that it is a gamble for nothing but greed.

+1

The funny thing about supply and demand is....

Even if there is ample amount of supply. But the suppliers all agree to raise the prices by leaps and bounds. If it is a necessity the people that requires it will continue to pay the asking price, as far as they can afford.

This is not indictive of the actual market price.

It's like a robber who kills an old man for 20 sens. Nobody is the winner.

This post has been edited by TheDoer: Feb 23 2011, 09:33 AM

If u got a lot of money, no need to think. Go ahead and buy few more.

If u got ngam2 money for 1 property, and buying now is really stupid...even buying for own stay.

really?
seems like i should hold now?
i am so confused
one hand scared by comment of property up non stop
one hand got ppl say burst.

i hv the history of jumping in to an investment (for example stock)
immediately price plunge, drop drop drop.


sorry not history
is Histories.
i guess i never learn...

This post has been edited by chubbyken: Feb 23 2011, 10:34 AM