agree. since everyone also say up up up, shud just grab as much as you can. refinance ur existing property since it already went up so much. 20k for two weeks is not bad. unless you are not that confident it will continue go up.

suitable unit might be a concern...
but since 20k for two weeks for sure
right price is not a concern at all laa
mesti up and menang

wah lau, RM20k 2 weeks, average RM10k per week. one year got 52 weeks, so one year later untung RM520k, What are you waiting for??? Go for it!!!

ya
if you are not buying
pls let me know where is the property
let me borrow kao kao and buy
u untung also
the price will be goreng even higher.

wahahaha, pls count me in. i dont want to miss this.
CKHong where are you? I think this one you hard hard also need to buy. Join us!

At this moment 54.5% thinks property prices will stay stagnant or will decline.
So there are more people who think property won't increase anymore then there are people that think that prices will still increase.

Hahahah....ya lor, join us la. Let's listen to all those property owners / speculators to try to have us believe, that it will go up and up and up....These property owners will like us to believe that it will go up and buy buy buy....

Dream on la, property speculators. Your days are numbered, this will be know as start of the end...prices will adjust by end of this year. People don't be fooled by these property owners, developers and real estate people! Hold your money boys...look forward to "shopping" trip on property by end of this year and early next year....

From here, the only way for property prices is SOUTH!

Don't get me wrong, i am not a bargain hunter, i am a property owner, but i am just being honest. Property prices will be adjusted this year!

for those who wants the prop bubble to burst...

what makes you think you can afford it during that time?

If you cant afford it now, I dont see how u can afford it by then.

Instead of hoping + praying that it will burst, why dont you make yourself affordable?

Period.

QUOTE(soongkm @ Apr 7 2011, 04:52 PM)

Hahahah....ya lor, join us la.  Let's listen to all those property owners / speculators to try to have us believe, that it will go up and up and up....These property owners will like us to believe that it will go up and buy buy buy....

Dream on la, property speculators.  Your days are numbered, this will be know as start of the end...prices will adjust by end of this year.  People don't be fooled by these property owners, developers and real estate people!  Hold your money boys...look forward to "shopping" trip on property by end of this year and early next year....

From here, the only way for property prices is SOUTH!

Don't get me wrong, i am not a bargain hunter, i am a property owner, but i am just being honest.  Property prices will be adjusted this year!

some sifus in this forum regards those ppl that not buying but renting their property as "suckers"...
to all "suckers", maybe u shud listen to those "sifus" and buy buy buy to get out of "suckerhood".

quote from one of the taiko property tycoon in LY forum:

"yes there r new grad coming out to work every year
otherwise wat is our local uni for? how abt those colleges with so many students enrollment?
I rent to those new grads, few years back was $1200, now $1700, iproperty says the fake asking rent is $2k
after 1 to 2 years, they leave & new suckers.. I mean new grads come again to rent (its really all abt location3)"

This post has been edited by wwwcomment: Apr 7 2011, 05:32 PM

But many of those in The Edge Property section are not potential house buyers but those involved with banks and developers. Trust me. Prices may go up in some areas due to speculation and the fear that was created by these property developers.

But if we want to bring down house prices then we counter what these developers / property consultants are doing and spread news that prices are dropping and advise more people not to buy into new launches.

Just observe all these property investment talks. Ask yorself this question: What would happen if the property market crashes? How will it affect these ppl's livelihoood? Once u can answer these questions then ull know why its important for them to continously strike fear into ppl to push them into buying.

Again, im not saying that property prices isnt going up. I know it is. My own condo has appreciated almost 40% since 2009. But im also saying that prices in many areas have started to drop and it should.

Agreed 100%. Boycott new property launches and only buy subsale if there is a good deal. If not just wait till year end or early 2012. More correction is expected in the property market.

Hey, some of these people are not buying is not because they can't afford it. It's just that they see the truth in this "property illusion". Suddenly in just one year, that is 2010, suddenly property goes up so much. Must be manipulation! These people who see this are smart. Sometimes is not about affordability. For example, would you pay RM100 for one durian? Can you afford it? Well, it is expensive but i am sure many people can afford it. But would you buy it? Not really, unless you die die also must eat durian or you think durian will cost RM110 tomorrow.

So please, not all people don't buy now is not because they can't afford.

---

Added on April 7, 2011, 5:44 pmYes, i have to agree with you. These so called property gurus of course will try to spin the market to be "active" la. Of course they won't say it's good all the time, as a matter of fact, they don't have to. They just need the market to be active. Just like stock market, no matter the market good or bad, the stock broker sure make money one, as long as the market is active!

So when the market is active, alot of people will have to seek "professional" opinion in buying property, that's where these property gurus earned their money! If really so good, why they care to share the secret with you, why don't they diam diam sapu all and make all the money!

This post has been edited by soongkm: Apr 7 2011, 05:44 PM

GLOBAL HOUSING MARKET SLOWS

By Lam Jian Wyn of theedgeproperty.com

Thursday, 07 April 2011 16:41

KUALA LUMPUR: Global house prices rose by a modest 2.8% in 2010 as more markets recorded negative growth in 4Q2010, according to the Knight Frank Global House Price Index 4Q 2010 results.

Price growth was led by Asia Pacific (7.5% annual growth), followed by the Middle East (5.3%) and South America (3.8%). However, about 41% of markets surveyed recorded negative growth in 4Q2010 compared with 35% of markets in 3Q and 31% in 2Q.

More European countries and markets in the US demonstrated weakness in the second half (2H) of last year after a “brief revival” in the last 12 months, observed Knight Frank’s head of residential research Liam Bailey.

“The key trend at play in the global market is the unwinding of the stimulus packages put forward in 2009 in Europe, North America and Asia-Pacific.

“This trend is being reinforced by weaker results from Asia-Pacific, with India, Taiwan and Japan all recording negative price growth in the second half of 2010,” he said.

In 3Q2010, the house price index showed India, Taiwan and Japan declining by 1.7%, 1% and 0.8% respectively. Meanwhile, the three markets recorded an annual change of 8.9%, 7.4% and -3.6% and a six-month change of 5.6%, 2% and -1.6% respectively.

“The impact of ‘hot money’ created by quantitative easing may be dissipating, especially in Asia – where the 30%, 40%, 50% and even higher annual rates of growth, which were common in some Chinese and Indian cities a year ago, have now cooled considerably,” he explained.

Meanwhile, the fastest risers in the index were Hong Kong (20.1%), Latvia (16.9%) and Israel (16.2%). Hong Kong’s rising prices have caused the government to impose measures to curb speculative price growth, while Latvia’s market is rebounding following a 70% plunge in prices during the credit crunch. Israel is enjoying a boost from foreign investors. Malaysia recorded a minute 0.9% growth in 3Q, and saw an overall annual and six-month growth of 6.2% and 3.4% respectively.

Bailey opined that Asian markets will more likely to sidestep a crash in prices, but in many of the previously ‘hot markets’ price falls this year are a “realistic assumption”.

The ultra-low interest rates representing the last traces of the stimulus packages in the European and US markets are deemed critical to the ongoing security of the market, said Bailey.

“Across Europe and the US the lack of bank lending is likely to extend the recent period of price reversals,” he said.

Totally support! Don't buy property now, especially the new launches! But subsales which are more than 5 years old. Don't let the speculators get away with this, that is sucking people's money out of a ponzi scheme.

huahahah, i like the durian analogy. well done.
further more i wonder, last time durian considered expensive, did ppl at that time foresee that durian can be cheaper like nowadays?
or they think durian price can only go up up up
so buy buy buy and eat all u can then?

This post has been edited by chubbyken: Apr 7 2011, 05:52 PM

Who are the Mothers of all Suckers in this case?

- Regulators, developers and bankers.

Investors, speculators, home buyers got screwed at the back. They will wake up aft 13th GE.

buy good location prop is like buy good bluechip stocks, price will only up (due to inflation). good location mean within KL centre, good blue chip mean those companies with ability to make profits eg maxis, petronas, ytl, shangrila, digi, nestle etc. dont go buy ulu ulu and far far prop, similarly dun buy risky stocks.
in fact genting, carlsberg, BAT (tobacco), GAB (guinness beer) is also very good stock but Malaysia not sure..

i recalled a shenzhen person form a group want to boycott buy prop some 10 years ago. til now shenzhen prop is still up up and i think this guy hv commited suicide. so many ppl blamed him and he is broke.

i lived in many oversea big cities b4 (long stay) eg Singapore, HK, Shanghai, Beijing, Shenzhen and i always hear the same boycott, but til date i havent see prices drop in those big cities. I mean central not ulu ulu Shanghai, Beijing.
KL is still developing and will become same with those big cities one day.
if u buy within perimeter 30km from KLCC i think shud be safe. (especially in long term)

buy stock/prop 10, 20, 30 years ago, or buy now or buy 10, 20, 30 years later - u go figure. in short, if u got $, pls invest (stock or prop).

how real is the news? i save damn hard for downpayment now and worry if i dont buy now, it will increase somemore

pretty strong words and bold statements. i would very much like to revisit your statement by end of this year.
would appreciate if others remind me by say mid of december 2011.

One thing we need to rethink.....if property prices heading south, how far it will go from current level? 1km=10%, 2km=20%, and so on so.

For references, from 2008 till 2011 April, property prices in the selected prime location already hit up 30% - 60%.

so are we expecting it will go down to 50% or more? or 5% down from the current level and then shooting up again 10%/20% or more?

kekeke..who got crystal balls?