another white elephant...yawn... sorry it is the weather.

Can v now shout CHANGE or CLEAN loudly in public. Do v still get caught of tis HUMAN RIGHT attitute???

Some people are just to kiasi (afraid to die) to buy property. More picky than choosing wife. They want perfect location, perfect layout, perfect neighbourhood, perfect everything... but cheap price.

Either 2 things will happen:

1. They will never find their perfect property because such property dont exist, so they never buy.

2. They get very lucky and find a super good property than meets all their requirements and is also cheap... and they because they're so Kiasi, they will try to find fault in the property and assume the owner/agent/developer is hiding something from them and its too good to be true so they also don buy.

China / Singapore properties prices are very volatile. today you see it a big jump high, next month you will see it jumping down, up and down, up and down.

But Malaysian properties all year long stable, increase over years but not months like Singapore and China.

Hope you people understand that.

Since we are in Malaysia still can borrow 90% loan, really have to appreciate that lo. 

Do you know what is happening there actually?

To make things simple, if Singapore property market would begin crashing then we would have to worry by then.

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Added on October 27, 2011, 10:39 pm

haha how different?

u not doing homework bro. many ppl would not agree with u.

Those who are in the industry would not the price hike is due to the cost of the raw material increase. unless the raw material price drops it would be hard for the price to budge to the price back in 2007. This year itself most of the raw materials price had increase by 30%.

If market really do crash, how sure are you that you are going to live better than now? Haha.

adding on, so where is the stock market heading to? Was hoping for the major deep but it seems like it's just moving up and down steadily recently. To those who predicted that something bad would be happening in the next month or so, it's already more than a month. What's next?

are u joking????? 6 days for 15 storey building? What kind of engineering practice they use? Can share the link?

Spain's unemployment rate is around 21% ..... > 40% of those aged 16-24 are unemployed. Not sure if it's higher than Greece.

I recall u also bought a property with a sizeable loan not too long ago? If the boat sinks, we all sink together 

I'll be applying for another housing loan soon.....

i have been getting this response lately from property agent,
out of 10 i called there 8 of them with this answer.

they advert in iproperty or newspaper for let say rm730k, when i called they say this one is already sold but they have another unit for rm780k.
but the thing is i have been monitoring the unit for few months and it have not been sold.

some advertise in the morning sold in an hour but they have other unit with higher price.

anyone have similar problem.

ahh i hope those big company won't runtuh.. they runtuh then we all will be hard to get a job    recession...

Chinese home buyers not so easy to please

BEIJING: China thought it had a good plan: Bring down soaring house prices so millions of frustrated wage-earning families could afford new homes, and social harmony would follow.

However, furious protests by existing home-owners against price-cuts on new developments show that the road to real estate equilibrium is a rocky one.
For every aspiring home buyer in China thwarted by a speculative property bubble that has seen house prices in key cities jump nearly 10-fold in 10 years, an existing home-owner is anxious to see the biggest investment they're likely to ever make keep rising.

Anxiety built to anger in Shanghai on Oct 22 after Longfor Properties cut prices on the latest phase of a housing development to revive stalling sales at the site.

A mob of about 300 people smashed up the development's sales and demonstration centre, according to local media reports.

All had bought homes in earlier phases of the project at prices as much as 30% above current selling levels which Longfor insists just reflect market conditions.

“We decided the price according to market demand,” the company said in a statement emailed to Reuters. “The promotion, which ended on Oct 20, was an effective one when the company proactively grasped the right market opportunity.”

Hundreds of home-owners were on the same Shanghai street a day after the Longfor incident, staging a smaller protest in a Green Land Group development. There's been uproar at sites developed by China Overseas Land, Sino-Ocean Land and Huaye Real Estate Co.

Protests have flared in Beijing as well as Shanghai and threaten to spread. Social unrest is anathema for China's ruling Communist Party.

“The protests run an alarm to the public that gone is the time when home prices only rise and never fall. Investors need to be cautious,” the People's Daily, the top party newspaper, said in an opinion piece posted on its website on Oct 26.

Property is a touchstone issue in the world's second-biggest economy, generating around 10% of China's GDP.

Besides would-be buyers and profit-hungry developers, local governments across the country rely on income from land sales to service debts estimated at 10.7 trillion yuan (US$1.7 trillion) and fund construction of roads, railways and schools. Reuters

Owning a home is not easy in Beijing and shanghai becoz of very very high price. These people are working very very hard and finally can afford to bought a house after alot of sacrifices and sweats, just not long after they bought the house developer drop the price by 20-30%, that is how many years of their saving. imagine u were in their shoe, i think i will throw a bomb to developer office or gomen if i got one in my hand

why the comparison mostly more to China? all china, china, china..is it because malaysia looks like china in economy, people, politics, social etc? just curious

cyberjaya yes ... kajang no with the kampung area still in existing ... Bangi maybe as closer to cyberjaya ...

but still, a friend said " No pork no development " sorry if being too direct ...

I agree that American owes the world lots of money. However, they are not bankrupt until they default in payment.

In this world no matter how much you owe, as long as you are able to pay before the due date you will be spared from bankruptcy.

Party A might owe bank 10Mil, but he has lots of people standby to pay for him if he gets into trouble.

Party B owes bank 50K but he has no support when he get into trouble.

In the end, party B has to declare bankrupt.

And if party A is able to pull it through and makes money out of later investment, he repays all the debts and still have surplus.

This is applicable in housing loan as well. Back up must always be there. If people trust you and your turnover is big, there is no worries. Same thing with America, people believe that they will always be able to pay.