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Financial Are property prices going to drop? V2, The heated debate continues

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cranx
post Feb 22 2011, 01:33 PM

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QUOTE(jphlau @ Feb 22 2011, 11:46 AM)
freshies salary double in 2-3 years??? highly unlikely and inflation will be staggering


without a promotion or job hopping it is unlikely to double the salary within 3 years. average yearly increment is less than 10% for most companies.
cranx
post Feb 22 2011, 02:17 PM

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Singapore for example, property price went up and rental increase at the same time yet demand is still there.
Malaysia (Klang Valley) however is different. Sharp increase in property prices but stagnant rental. Most fresh grades share a condominium/apartment in the range of RM1.5k the most.
cranx
post Mar 16 2011, 02:03 AM

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QUOTE(sulifeisgreat @ Mar 15 2011, 08:52 PM)
it does make sense, once the greater mrt is completed, with option for future mrt extension
developers hav the incentive to build further from the city, develop land & save bkt beruntung  biggrin.gif
unless u can confirm u r the last batch of grads in bolehland & fully ENTITLED to PLC 'pheng, leng, cheng'

those new grads do not hav a choice, so they wil take up tis scheme  wink.gif
u mus remember, every year, there r new grads cuming out to work now & in the cuming years, there wil be more
if u delay purchase, the future grads wil join u for company, thencan be jiran or kawan baik in the future

buy now, accept fats, struggle a bit with loan  whistling.gif
once omv increase, refinance, buy new prop & repeat process
dun u guys jus hate speculators, blaming us instead of inflation is goodie. now u can tell ur nenek how prop price increase  laugh.gif
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hi sifu, you seem very optimistic about malaysian property.
looking at the average middle class condominium is trending towards RM400k or more. what do you think the price will be like in 2 years time?
cranx
post Mar 24 2011, 12:39 PM

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The signs are there it is just a lot of us are too blind to notice. Every company can become a developer, major projects everywhere, everyone talks about property investment, media telling how much further it will go up.

this is DANGER!!!

though, it doesnt mean the bubble will pop immediately. I believe the US property bubble took 6 or 7 years to burst?


cranx
post Apr 20 2011, 02:41 PM

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QUOTE(noproblem @ Apr 20 2011, 02:38 PM)
I can see more & more condo/shopping mall empty in Malaysia. Keep building please so I can get another cheaper unit soon. smile.gif
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you are interested to buy retail unit in malls?
cranx
post Apr 22 2011, 11:11 PM

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the bubble is very obvious in Klang Valley. I just hope all the newly launch and sold out development will complete and not abandon halfway.
cranx
post Jun 21 2011, 03:03 PM

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the incredible rise in subsale prices was driven by the insane new development prices.
with new launch everywhere and buy buy buy euphoria. how much room for capital gains for those who purchase now?

what goes up must come down. with the sharp increase of price in 2 years, this will not be a soft landing.
it will not be a correction but a crash. just a matter of time. perhaps V5 of this thread? laugh.gif




cranx
post Jun 26 2011, 02:37 AM

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very good articles written in 2005 accurately predicting the US housing crash.

Don't get caught in the housing bubble crash (part one)
http://www.naturalnews.com/016209.html

Warning signs of the housing bubble crash (part two)
http://www.naturalnews.com/016241.html

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