Up up and away!
Financial Are property prices going to drop? V2, The heated debate continues
|
|
 Feb 22 2011, 09:50 AM
Return to original view | Post
#1
|
 
Junior Member
220 posts Joined: Aug 2009 
|
|
Quote|
|
|
|
|
Mar 30 2011, 11:34 PM
Return to original view | Post
#2
|
|
Junior Member
220 posts Joined: Aug 2009
|
QUOTE(kh8668 @ Mar 30 2011, 11:26 PM) Sell your properties in Malaysia and buy in Hongkong..LOL HK condo HKD10k psf.   |
|
|
Apr 22 2011, 10:47 PM
Return to original view | Post
#3
|
|
Junior Member
220 posts Joined: Aug 2009
|
Eventually the winner will be those with strong holding power and they can withstand even major bubble burst.
I just don't understand why we must keep on debating about this and not looking a decent shelter for ourselves & our family. For those who are still waiting for correction, cross your finger and keep on waiting. |
|
|
Apr 22 2011, 11:04 PM
Return to original view | Post
#4
|
|
Junior Member
220 posts Joined: Aug 2009
|
What do yout think for those cash rich Investors with strong holding power will let go their unit even break-even point? I assume they will keep holding on or pass it to their children. No one can predict how much psf for 20 years later. Finger cross people.
|
|
|
Apr 22 2011, 11:17 PM
Return to original view | Post
#5
|
|
Junior Member
220 posts Joined: Aug 2009
|
Since your nick is property101 and I assume you have lot more experience about property than me.
Do you know there's lots of uncle millionaires out there are still driving proton? Exclude those with Merc/BMW. Sometimes is unpredictable and don't judge the book by it's cover. |
|
|
Apr 22 2011, 11:28 PM
Return to original view | Post
#6
|
|
Junior Member
220 posts Joined: Aug 2009
|
QUOTE(property101 @ Apr 22 2011, 11:24 PM) yeah, i know those uncle millionaires who still wear worn out t-shirt and old slipper to go out Agree... Some are still a cashier in their own shop/ medical hall.  i guess that what makes them a millionaire in the first place  Unlike the youngsters that went out and spent all out with girls. This post has been edited by PUPUMAMA: Apr 22 2011, 11:31 PM |
|
|
|
|
|
Apr 23 2011, 12:20 AM
Return to original view | Post
#7
|
|
Junior Member
220 posts Joined: Aug 2009
|
QUOTE(property101 @ Apr 22 2011, 11:57 PM) i noticed a lot of youngster spend their money on electronic device, overseas holiday, expensive food, an impressive car, result in little saving and bad financial planning Ya, they are the one who always complaining their salary are too low and cannot afford for a decent property.then some start complaining property price is too expensive QUOTE(blasto @ Apr 23 2011, 12:10 AM) For those who spend within limit/budget still can be saved, those until credit cards debts melambak sendiri cari pasal.. Nowdays bank are so lenient to give credit cards and personal loan. Once they have outstanding for more than 20k and with 4k nett salary, I don't think they have any chance for getting a property, unless their family support them. Even with family support, they will not manage well on their financial if keep on swipe CC and end up their parents suffer for paying the installment.Those well planned & buy within budget have a upper hand, to me the cycle of life, study, work, earn, save, property, married, kids ... our kids will buy property brefore marry..20 years is just a blink of an eye. I am not picky landed/condo at least 1unit, getting the keys, the click of the door, the smell of home....priceless..  my 2cents. |
|
|
Apr 23 2011, 12:42 AM
Return to original view | Post
#8
|
|
Junior Member
220 posts Joined: Aug 2009
|
QUOTE(blasto @ Apr 23 2011, 12:34 AM) Many my friends whack their cards to the max for levi's penang, burger king, seikos.. & continue life as usual.. You are special compare to them, you know how to think for your next generation Btw I drive a kancil.... The reason I buy a property for backup/investment ... & as an example to my kids they must at least buy 1unit without any sponcer..  |
|
|
Apr 23 2011, 12:57 AM
Return to original view | Post
#9
|
|
Junior Member
220 posts Joined: Aug 2009
|
QUOTE(UFO-ET @ Apr 23 2011, 12:19 AM) Chinese characteristic, those who drive BMW and Merz could be middle manager / CEO at the age of 35 - 45, salary 200K-500K a year. Some of those real Cash Cows are those wear short pant, drive 4W, Honda / Camry, live in SD only. Ya... like my 2 uncles, they riding kapcai but have about 4 props each in KV.My neighbor's friend who stay at BK5 intermediate hse 20'x70' for years, age 50++, trading goods fr China for 15 yrs already, own 21 units of properties in KV mostly are factories & shops, drive old Rexton. Just bought a corner house for own stay 900K. I told my Malay best friend :- When you see a Chinese guy drives Proton, he could afford a Honda Civic When you see a Chinese guy drive Honda Civic, he could afford a Camry When you see a Chinese guy drive Camry, he could afford BMW 5 series and finally.... When you see an Chinese uncle riding Honda 70cc cup zai, he could afford a Bentley... Sometimes I think we really overestimate ourselves and underestimate others  |
|
Topic ClosedOptions
|
| Change to: |  0.0205sec
 0.58
 7 queries
 GZIP Disabled
Time is now: 11th December 2025 - 07:40 PM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.