How can release in 6 months? Maybe he bought from subsale?

Calling all property sifus!

I begin to doubt the reliability of the statistics.

1) According to the table in the report, annual house price changes is the highest in Sabah, then followed by Terengganu, Perlis, Pahang, then only come Kuala Lumpur and then only Penang at 9th. Guess what? Selangor is 3rd from the bottom!

2) Figure 29 says house price has lagged income growth! Now, this is shocking to me. All this while we are talking about salary not growing as fast as rise in property prices. Now, I AM CONFUSED.

3) To make it even more confusing, Figure 28 says Affordability index is coming down! This contradicts the above.

Please explain to young ciku here.

Absolutely agree. There is nothing inconsistent about what he said. He is still bullish till at least 2020. In between, expect corection a bit lah.

Wow! A lot of bashing on youngsters purchasing properties with FAMA support. But why people are so sure that when youngsters purchase properties, they must have FAMA support? 10% on RM500k is only 50k. Even 1mil house require only 100k. Furthermore, if got rebate, then actual outlay is much lesser. No, not all require FAMA support. EVEN if they require FAMA support, what's wrong??? It is only natural for parents to support their children. I have read so many posts that give a negative connotation if youngsters purchase properties using FAMA support. it is like these kids are 100% spoilt. Come on, if one is born with rich parents, it is not the kids fault right. And if your parents are rich, what's wrong with helping your own kids? If you educate your kids correctly, they will not be spoilt.

No lah, with floating rate, bank never makan sendiri. when rate goes up, u makan sendiri. bank no problem.

yr new prop will become subsale on VP..he he

he is bullish but he ask ppl to sell?

I love Malaysia. Politics aside. Malaysia is the best country to stay. Those who migrate know. They bang balls but no face to come back. I have heard some cases come back also. Money is not everything. Your root is HERE. If you are rich, you really can live like a king in malaysia. Eveeything also got here. good food, good weather, good girls, good pubs, good shopping, good beaches, durians, teh tarik, as they say, apa lancixx pun ada.

By your reasoning, Bill Gates might not be that rich cos he has not sold any of his shares? I think investments value should be marked to market, not necessarily sold to recognise the gain. Take a conservative approach, value at 800k for example. Definitely not remain at 300k lah, so drastic.