I have got myself prepared. Anything that come, I will face it head on and come out unscratched.

pls dun mix up economic rumor, political rumor and end of the world rumor. hehe... but.. never hear got ppl talk about tsunami rumor.... because tsunami come in sudden... once u hear the rumor, i doubt the ppl already death...

This post has been edited by sampool: Jul 3 2011, 09:03 PM

omg
should we cash out from stock market now?

May I say, property prices are getting back on track. No more going up as fast, or one direction. Only that in order to keep it affordable, I realized 2 things, getting very high density and the unit size also getting smaller.

Heard the same too, challenging time ahead 2012-2013. Rumorreceived quite accurate as it came to past aft 2 wks (My import electricity from Sg).

Those who work in BNM should know what coming way ahead of commoners like us. Basically they are playing with ur money and my money. Tat's why how come market always UP prior to GE. Rakyat kena sodomized from behind again ar?

Anyway, just pray hard it will not happen. Else our paper profit might gone aft GE

---

Added on July 4, 2011, 1:54 pmThis one we already predicted 1 yr ago. Same price, smaller unit, psf double probably.

Hiya, just think like the developers/gomen, then u can predict what next, how they solve one prob and create another. Soon u see Potong coming out with "Smart' car mini version where 1 parking lot can park 2 cars.


This post has been edited by Bobby C: Jul 4 2011, 01:54 PM

The funny thing is, when everybody expecting a crash, it will go up further. Then everybody buy and buy. Then it really crashes and everybody get caught. And this funny thing always happens..

Property sector was cut to 'neutral' at RHB

2011/07/04

Malaysia’s property sector was cut to “neutral” from “overweight” at RHB Research Institute Sdn Bhd, which said the expectation of strong property sales and earnings growth have already been factored into the share price.

“Sentiment will turn slightly negative and we expect demand starts to soften possibly next year,” Loong Kok Wen, an analyst at RHB, said in a report today. “The timing now is appropriate to be watchful on property stocks as we are now almost two years into the upcycle.” -- Bloomberg


Copyright © The New Straits Times Press (Malaysia) Berhad, Balai Berita 31, Jalan Riong, 59100 Kuala Lumpur, Malaysia.
1/1

http://www.btimes.com.my/Current_News/BTIM...10704092221.pdf

other than diehards upupup, such is statement is reasonable and logical. "soften" does not mean burst or 30% price decline.
not only earnings growth factored in the dev stock prices, their new selling prices also factored in future inflation.
2 yrs is a long time for bolehsai which is not such a big economy, unlike usa or china that go on for much longer.
new launch price incr will slow down, subsale asking prices will come down.
bought for own stay, no worries; bought low-reasonable price in fair-good areas, no problem.
bought at premium price looking for high subsale price or high rental, may start to get difficult.

ur said is consider reasonable.... how if lose job/interest rate up/food price rise/petrol price rise...

This post has been edited by sampool: Jul 4 2011, 04:10 PM

Soft landing......

Hope that we manage to turn/divert the course of the speed train.

I rather earn less, or no profit rather than the whole country gets into trouble and back fire on me.

This post has been edited by GangHo: Jul 4 2011, 04:37 PM

The Economist reports that Google searches in China of the Chinese translation of "hard landing" has increased dramatically:

http://www.economist.com/blogs/freeexchang...d-landing-china

IMO...no matter hard/soft landing.....more important things you needed to do now is to spare your money on hand as much as possible.

The more $$$ on hand, you will have more chance for next departure.

when come to recession time... cash always the king..

http://www.nytimes.com/2011/07/03/business/03loans.html

This post has been edited by sampool: Jul 4 2011, 10:53 PM

Yes a lot more money, around half a mil maybe as when economy is down the financing is down also i.e back to 1/3 salary policy

Wait and see whether Bank Negara will hike the OPR and SRR this coming saturday.

i've noticed that prices for the condos i've been monitoring have stopped going up, hopefully a 10% adjustment will be seen in the coming months.

This post has been edited by godutch: Jul 5 2011, 12:07 PM

Let's pray and hope that everybody makes money, nobody loses money and the economy stays strong.

This post has been edited by GangHo: Jul 5 2011, 01:49 PM

thats just wishful thinking

if economy doesn't stay strong.. then will have a lesson... pls dun be greedy..

http://thestar.com.my/news/story.asp?file=...2204&sec=nation
First-time house purchasers to get up to 105% financing
He said that buyers, making up those who earn not more than RM6,000 a month, would enjoy financing of up to 105% from selected financial institutions.

wow.. more and more can loan from bank.. this consider good or bad news leh..

This post has been edited by CKHong: Jul 5 2011, 02:05 PM

good news for developers (constant sales for first time purchasers)
but bad news for flippers (first time qualify buyers will take advantage to apply/buy it b4 invests in others properties)
as for banks = no effect

but then again, in bolehland, anything can be corruptable if no 100% transparent control

double dip recession