For those who want to buy property, please pull handbrake first. C wat will going to happen on 11/03 & 20/03 of Arab Saudi. If Saudi government cannot handle the case properly....it will possible to cause economic crisis happen again......

http://www.sinchew.com.my/node/195584?tid=2

Haha...i am not frighten everyone....since there is the chance to cause the property drop....why not wait 4 few more month to c the trend.

Jz a few min ago.....news said BN win the 2 elections.....this will speed up the general election for the country, because gomen will try to avoid uncertain situation...where the oil price will shoot to the history high.

As we know after the election, gomen can do many things.....petrol, electric and etc will up....up.....up....somemore dun forget the GST ....coming soon oso....

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Added on March 6, 2011, 9:04 pmSorry want to ask is the "gomen" = government ?

This post has been edited by 22222222: Mar 6 2011, 09:04 PM

Haha......since the property start to move since mid 2009 until end 2010, major of KV property already up 30 to 70%. I think this few months will be stagnant stage.

Normally the market needed sometime to adsorb the high price, before go to another high. As long as no buyer to follow the high price who set by speculators....the price will remain in stagnant until some buyers make transaction on the high price and price will continue to move.

Actually, the market price is not decided by seller......eventually is buyer him/herself. When we are scolded all speculators, better ask yourself first lah.

Since it is fall to stagnant stage, wat 4 not wait 4 few more month....maybe the magic of "Arab Saudi" will help u save 10-20% of your money...neh

jz blak-blak only....

There are a lot of house/apartment at many state still below 220k.....

This program is not 4 us who stay in KV or Penang or JB.

Do you think 2012 end of the world??? No point to discuss property up/down anymore....haha.

http://www.themalaysianinsider.com/world/a...agnitude-quake/

Nikkei down 13% today.....do you think property will follow...haha?

I help my friend looking a property, Jz flip through Iproperty site and filter KL area and within 3 days post.....amazing that 5725 were responded...
let say average selling 800k per unit...

5725 * 800k = 4.58B

Wooo.... r we malaysian hv this buying power to absord all this property???

Dun forget is only KL wt 3 days post...how about a week, a month & 3 months or another place like selangor?

Election for Sarawak will happen on April...

how to build, the land was contaminated.

Haha, r u sure the radiation will subside and land can be reused very fast?

I dun know how is the radiation control and how is going to clear it off, but as ppl like me born in bukit merah area, i know very well that is no so easy to clear it off.

The case of Bukit Merah happen in 198+, and factory close down at 1994 as ppl win the case at high court. Initial gomen claim that all under control, but a lot of expect from japan & german give the different answer, it is exist the comfort level.

From the factory close down until today around 25+ yrs, the clearing of the bahan kimia still in progress, some area still isolate no around ppl to go in.
So i very clear that the japan area which was contaminated cannot be so fast rebuild unless they move to another area.


Yes, definitely the materials price will go up and cause cost of property go up too, but it doesn't mean that property price will go up crazy. The property price is very depending of market demand. If the demand going down due to ppl not afford to purchase high price property, if will cause the property market slow down - stagnant - go down, and property recession will be happen and u will c a lot of abandoned project anywhere, especially the new launched project with sky price.

That's y recently why gomen still maintain the BLR rate and implement the 220k scheme to keep the power to market to continue rolling, even our inflation is high.

Yup...totally agreed.

There is a certain group of ppl earning million yearly (but not work in malaysia).

Just talk about my friend sister, work in US company based on singapore. The whole package of offer is S$720k/year, contract 2 year.

Recently, just buy a subsale house for her family in desa pack city double story 1.28m.

For me.....sad to say loh....

Haha....it is not a story....it real happen....i been her house b4, decoration amazing ......not like double story house.......350k renovation cost + furniture .

Buy thing like eat vegetable.....1 thing i cannot tahan.....buy 2 basikal at 50k.....crazy lah......siao....

Do you think that implement new leading rules for banks in Q3 2011 will impact property market?

http://www.btimes.com.my/Current_News/BTIM...icle/index_html

國行強調通膨和熱錢是經濟兩大隱憂，但經濟學家認為，預料國行維持升息步調，並讓馬幣持續有序趨強，不會過度干預。

國行認為，下半年經濟增速加快，可能令通膨壓力加大，預計全年通膨將介於3至3.5%，但基於經濟成長放緩局勢將延續，大馬研究預見短期利率上調可能性不大，料利率截至今年9月將維持2.75%水平。

“但是，今年經濟活動可能嚮往穩定利率環境，我們不排除國行在下半年上調利率25個基點。”

豐隆研究指出，國行在成長和通膨問題上，以經濟成長為優先考量，料將透過溫和調整利率方式管理通膨風險，全年利率僅上調25基點，其中7月升息機會最高，除非中東動亂和日本地震海嘯對經濟帶來影響而提前在5月升息。

“同時，國行嘗試向市場傳遞強勁馬幣未必是壞事的訊息，我們相信強勢馬幣趨勢將獲得經常賬盈餘龐大、利率和成長差異，以及中東短期資金流轉向大馬等回教國避險，預計馬幣兌美元今年將升值至2.95到3.05之間。”

但益資利研究認為，雖然國行透露“寬鬆程度可能需要進行調整”，卻對升息守口如瓶，但以現有2.75%隔夜政策利率（OPR）來看，可能在下半年邁入負利率時代，相信下半年將兩度升息25個基點，將利率升至3.25%。

達證券表示，基於良好經濟活動將支撐就業市場，相信全年勞工市場將延續“全面就業”榮景，2011年失業率維持在3至3.5%，料下半年通膨壓力將隨強勁內需升溫，預見國行將三度升息，將利率升至3.5%水平。

與此同時，聯昌研究指出，國行在未來6個月也可能再度調高法定儲備金率（SRR），從2%提高至4%，以積極管理游資過剩風險問題。1%的SRR可吸納游資70億令吉。

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Added on March 25, 2011, 2:45 pmWoww......OPR will hike to 3.25 end of this year....prepare urself


Bank Negara may raise inflation forecast to 3pc-4pc

Credit Suisse says the new forecast would be around 3 per cent to 4 per cent, assuming the government hikes fuel prices two more times - in June and November


Bank Negara Malaysia may announce a higher inflation forecast for 2011 when it releases its latest annual report today.

Credit Suisse economist Wu Kun Lung said the new forecast would be around 3 per cent to 4 per cent, up from 1.7 per cent in 2010.

He expects the Consumer Price Index, the inflation barometer, to rise to 3 per cent by mid-2011 and hover between 3 per cent and 3.5 per cent in the second half of the year.

"This is assuming the government hikes fuel prices two more times - in June and November, by a similar magnitude as last year's hikes."

Bank Negara appeared to be more concerned about inflation in its monetary policy statement in March, noting that "the degree of monetary accommodation may be reviewed given the sustained growth in the economy and risks to inflation".

However, given industrial production and exports remain well below pre-crisis levels, he expects the central bank to only resume rate hikes in the second half of the year.

"We expect BNM to resume its rate hikes in the third quarter, but it could be earlier (in May) if the government hikes retail fuel prices in the first half amidst a strong pick-up in domestic growth."

Malaysian consumers are less affected by higher global commodity prices as fuel and essential food items are subsidised.

He expects the Overnight Policy Rate (OPR), now at 2.75 per cent, to be hiked to 3.25 per cent by the end of 2011 and 3.5 per cent by the end of 2012.

The statutory reserve requirement ratio, which was raised to 2 per cent in March, could also be incrased further.

Credit Suisse is keeping its 5.6 per cent economic expansion target for 2011.

Higher commodity prices should boost incomes for farmers and companies in the plantation and oil and gas sectors, which should in turn lead to increased consumption and investment.

A 10 per cent rise in palm oil prices would add about 0.3 percentage points to Malaysia's real gross domestic product (GDP) growth, while a 10 per cent rise in oil prices or rubber prices would add around 0.2 percentage points to growth.

"Although some commodity prices, namely palm oil and rubber, have softened in recent weeks, their prices remain well above the average in 2010. Barring a sharp drop, we think the overall impact on 2011 growth should remain positive."

The agricultural and mining sectors together accounted for about a quarter of Malaysia's GDP in 2010.



This post has been edited by 22222222: Mar 25 2011, 02:45 PM

Haha, maybe for u and me only few property not much impact, but for the speculators who have 20 ~ 50 units are different story.

eg.
Current
Laon amount 400k
interest : blr -2.3
tenure : 30
monthly : RM2444

When blr hike to 7, monthly 2677, different is around RM200

For you maybe 3 units only extra 600/month still can tahan, but for 30units is around 6000/month....u think they will tahan how long.

Normally, they will review their capability to cut down financial burden, they will start to sell the property below 5% to 20% below market price to let go their unit fast (eventually, they didn't lost in the property game, only less profit). So, because of lower price selling, u will c wat will call property correction/adjustment happen in the market.

What i mentioned "prepare urself" is not mean ask urs run away from property, is mean who are waiting the property to drop please prepare urself to buy lor. With the property 500k with -15% discount is a lot oh....

If Blr really hike on 7% end of this year.....next year is a good time for urs to grab ......

just 2 remimbi.

This post has been edited by 22222222: Mar 25 2011, 04:19 PM

Our housing deputy minister said that Government is no way to control property price, how is your think?

http://www.malaysiakini.com/news/159919

Yaloh so sad to all poor malaysian, later oni can rent "room" for them......i think is the time to let them "fall from the horse".

Boycott to buy condo/Service apartment > 250k, single storey > 300k, Dbl story > 500k, Superlink House > 750k, Semi D > 1m and bungalo > 2.5m

Bro, Wat is ur budget....ah...

Haha...nowadays 350k...oso cannot kenot buy property...so sad...

Y u didn't consider OUG Parklane....still can get below 300k.....

or OG height....Bukit OUG Condo....all around that area.....

This post has been edited by 22222222: Apr 5 2011, 04:17 PM

Yes, Bukit OUG Condo is subsale......same location with KR1, ZR and Rainz