Flippers are still buying within their mean as long as their financial statement showed to the bank is REAL. You can flip as long as your income can support you to do so.

The one that cause the family debt ratio so high are those playing with cash flow way aka Robert Rich Dad way. They use tenancy agreement as income prove to loan more. Those with income of 3k to 5k can loan up to 1M or more. Some legends here already exceed 2M with this method.

Even with tenancy agreeement accepted as source of income, I dont think the banks are strictly follow their 1/3 monthly income rules. When bank officers dont follow rules, thats worry me. Remember how subprime happened when loan agent didnt follow rules.

any shops units at reduced price lately. want to buy more...prefer KL area. eg klcc, ampang, pandan, maluri, setapak, gombak, wangsa maju, melawati, sentul, jl ipoh, batu cave, sri gombak or nearby.. easier to manage.

pls PM me.

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Added on September 30, 2011, 7:20 pmpls PM if it is a really good bargain buy.  eg 20% lower eg 2.5 mil , and now 2mil sort of things..

man, you aint see nothing yet. 1/3? it has been 3/4!
and i have seen someone swiping 3 credit cards to pay for a unit's dwnpmt.
another one rush apply new cards pay for another.

when maybank ceo wahid talks in public about the need to clampdown on cards and personal loan, you know it is very serious:
http://www.themalaysianinsider.com/busines...-maybank-chief/

can deny forever... bolehsians and rich and fine - like greece....

your pocket so deep, good for you can pick up bargain soon ... from the stock market it's seem like a lot of money flowing out from asia ...recently monitor hong kong equity dropped like 20-30% in a matter of weeks

this is the first time i hear about this.. bottom in 5-10 years

any shops units at reduced price lately. want to buy more...prefer KL area. eg klcc, ampang, pandan, maluri, setapak, gombak, wangsa maju, melawati, sentul, jl ipoh, batu cave, sri gombak or nearby.. easier to manage.

pls PM me.

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Added on September 30, 2011, 7:20 pmpls PM if it is a really good bargain buy.  eg 20% lower eg 2.5 mil , and now 2mil sort of things..

Well, Miharja condo was RM250k few months back. Now it's dropping to RM230k.
(2 years ago, the price is only RM155k).
You should buy it.

i am not interested in residential prop, enuf oredi..troublesome to manage.
any chance shop price fall back to 2 years ago?  about half the price?
to me, even drop 20-30% consider a big bargain. consider as bonus to me if drop more..

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Added on October 1, 2011, 11:01 amvery difficult to buy shop directly from developer.. all sapu by insider/fren. 
but now seems easier. developer are launching to the public..eg M city etc. but still expensive. hope subsales can drop a bit.

if u really looking for new shops, pls pm me ur budget. i can help get fr developers.

i am not interested in residential prop, enuf oredi..troublesome to manage.
any chance shop price fall back to 2 years ago?  about half the price?
to me, even drop 20-30% consider a big bargain. consider as bonus to me if drop more..

---

Added on October 1, 2011, 11:01 amvery difficult to buy shop directly from developer.. all sapu by insider/fren. 
but now seems easier. developer are launching to the public..eg M city etc. but still expensive. hope subsales can drop a bit.

man, you aint see nothing yet. 1/3? it has been 3/4!
and i have seen someone swiping 3 credit cards to pay for a unit's dwnpmt.
another one rush apply new cards pay for another.

when maybank ceo wahid talks in public about the need to clampdown on cards and personal loan, you know it is very serious:
http://www.themalaysianinsider.com/busines...-maybank-chief/

can deny forever... bolehsians and rich and fine - like greece....

i am not interested in residential prop, enuf oredi..troublesome to manage.
any chance shop price fall back to 2 years ago?  about half the price?
to me, even drop 20-30% consider a big bargain. consider as bonus to me if drop more..

---

Added on October 1, 2011, 11:01 amvery difficult to buy shop directly from developer.. all sapu by insider/fren. 
but now seems easier. developer are launching to the public..eg M city etc. but still expensive. hope subsales can drop a bit.

This is what I am trying to say, Bank did not stick to 1/3 loaning principle that worried me. 3/4 of salary is too much! When bank did not play by the rules, things are easy to tumble down, subprime is a good example.

Now I see more and more CC agents in the mall, they were so quiet after Rm50 tax per card being imposed. Now looks like bank is encouring spending and owing, 0% balance transfer for 12 months, this is what I heard lately, get 2 cards and free cash to play with.

Banks already makes billions in profit, still not enough? BNM should tighten the regulation.