long time no post here, all the super negative pessimistic complain king forumers & their followers had a fun time?
I was busy gambling in share market making moolah & those who 'buy low & sell high' with me r now veli hapi indeed 
http://forum.lowyat.net/topic/1935875/+1740 Post #1744
look at gld, gain of 30%  call option now is $32 with strike price $160 expiring on 15 march 2013
if anyone bought the etf at $160 and sells now at $175, gain only pathetic 9%. options is a powerful tool, if u understand its timing & TA 

anyway, another 80 post and we can hav v4  ever since v1, hav the prop price drop?
of coz, we exclude those super high end and unheard of areas, coz prop investment is all about location3
the poll where >70% forumers voted, shows the situation where super negative pessimistic complain king forumers stands 

do u think bolehland political situation now is similar to yr 2008 under the previous pm ruling?
do u think u can buy 10 props only earning the average wage of $3k?  
http://thestar.com.my/news/story.asp?file=...5158&sec=nation

"When it comes to governance, Malaysians are very satisfied with their government. In a 2010 survey, 82% expressed approval of the government, and around 67% approximately approved of the country’s efforts to address poverty and preserve the environment,” said the report & “Public faith in financial institutions remains extremely high, with 87% expressing confidence in Malaysia’s financial sector,” said the report

there is pent up demand for props by this group (ie.70% forumers) who missed the gravy train due to bubble mindset 
there is zero chance for their wages to catch up to props affordability. they will need to find innovative ways to complain until v2020
those who takut of yr2012 maya cartoons. better sell everything & stay in deep jungles of pahang with astro hd subscription, its much safer 

its very high chance those 70% forumers r in the youngster group who just started working or r those oldies with bubble mindset
since every year we hav so many graduates cuming out to work, where u think they wanna stay after working for few years?
of coz buy their own la, then if got excess, can do investment. but life is never fair. so SUCK it up loh 

I m doing my part to rent props to this group of 70% forumers, who thinks props prices r overpriced
however due to inflation, my rental hav to increase & if tenants no agree, they can go stay further away or at those graffiti prone areas
if those 70% forumers can convince me that there r places which sells nasi lemak at 1sen. ie nenek moyang prices, then we got bubble   

once their wages roket up as they climb corporate ladder, they can go buy props at mkt value, provided my type of speculators wanna sell 
as our debate continues on & to rerepeat again - if life hand u a lemonade, try find ways to be a supplier of lemonade instead of opening the stall
now, we await those super negative pessimistic forumers to present facts & data that their waiting is well worth it, within the context of bolehland la

u can talk abt usa on subprime lending, but any mat rempit able to buy 10 props? which bank allows that type of lending standards?
u can talk abt china where their developers r slashing prices, but r our developers doing it? 
u can oso talk abt euro debt crisis, but if it meletup, would u even hav a job to think of buying props?

---

Added on November 11, 2011, 7:27 pmJust to share.
This prop was auction last year at 890k.
http://thinkproperty.com.my/realestate/ind...tail&id=1221056

Now was auction with 10%less. First time no one bid.
Who say bank belong is always lowest. It can go lower.
This is just one real case and there are many to come.

---

Added on November 11, 2011, 7:34 pmLet give another example.
http://www.iproperty.com.my/propertylistin...d_House_ForSale

This one was asking 790k.
Do you think bandar botanic and kiang bandar baru is not good location?
It has jj, tesco and giant nearby.
Any feedback is welcome but pls give facts and example rather blow water..

if there is will then go find a way. If dont make effort, then don complain. The universe was not made equal or fair. so one has to move ur butt to achieve ur dreams oso would help if ass luck oso on ur side coz so many lobang to suck u down on the way.

Don properly understand all this economic stuff so just stick with simple basic principles. MY population growing, factor in urban migration so there is positive demand in 10 to 20 year time frame. Land in KV getting less so what is considered greater KL now will be town centre later. (once upon a time damansara heights was considered jungle). Economy is in cycles so when time booming make hay, when time bad buy more if u can or just hold if not enough cash. Key make sure u always have enough cash reserves. so what strategy u wan to use is up to u n 4 me as long as make profit at every turn is ok. just hope don loose money. just roll with the dice n sometimes must cut losses.

---

Added on November 11, 2011, 7:27 pmJust to share.
This prop was auction last year at 890k.
http://thinkproperty.com.my/realestate/ind...tail&id=1221056

Now was auction with 10%less. First time no one bid.
Who say bank belong is always lowest. It can go lower.
This is just one real case and there are many to come.

---

Added on November 11, 2011, 7:34 pmLet give another example.
http://www.iproperty.com.my/propertylistin...d_House_ForSale

This one was asking 790k.
Do you think bandar botanic and kiang bandar baru is not good location?
It has jj, tesco and giant nearby.
Any feedback is welcome but pls give facts and example rather blow water..

If BNM cut rate today may see increased activity in properties?

Just bumped into this article just now...

HOW A FINANCIAL PRO LOST HIS HOUSE

By CARL RICHARDS | New York Times – Wed, Nov 9, 2011 2:10 PM EST

http://finance.yahoo.com/news/financial-pr...-191003606.html

long time no post here, all the super negative pessimistic complain king forumers & their followers had a fun time?
I was busy gambling in share market making moolah & those who 'buy low & sell high' with me r now veli hapi indeed 
http://forum.lowyat.net/topic/1935875/+1740 Post #1744
look at gld, gain of 30%  call option now is $32 with strike price $160 expiring on 15 march 2013
if anyone bought the etf at $160 and sells now at $175, gain only pathetic 9%. options is a powerful tool, if u understand its timing & TA 

anyway, another 80 post and we can hav v4  ever since v1, hav the prop price drop?
of coz, we exclude those super high end and unheard of areas, coz prop investment is all about location3
the poll where >70% forumers voted, shows the situation where super negative pessimistic complain king forumers stands 

do u think bolehland political situation now is similar to yr 2008 under the previous pm ruling?
do u think u can buy 10 props only earning the average wage of $3k? 
http://thestar.com.my/news/story.asp?file=...5158&sec=nation

"When it comes to governance, Malaysians are very satisfied with their government. In a 2010 survey, 82% expressed approval of the government, and around 67% approximately approved of the country’s efforts to address poverty and preserve the environment,” said the report & “Public faith in financial institutions remains extremely high, with 87% expressing confidence in Malaysia’s financial sector,” said the report

there is pent up demand for props by this group (ie.70% forumers) who missed the gravy train due to bubble mindset 
there is zero chance for their wages to catch up to props affordability. they will need to find innovative ways to complain until v2020
those who takut of yr2012 maya cartoons. better sell everything & stay in deep jungles of pahang with astro hd subscription, its much safer 

its very high chance those 70% forumers r in the youngster group who just started working or r those oldies with bubble mindset
since every year we hav so many graduates cuming out to work, where u think they wanna stay after working for few years?
of coz buy their own la, then if got excess, can do investment. but life is never fair. so SUCK it up loh 

I m doing my part to rent props to this group of 70% forumers, who thinks props prices r overpriced
however due to inflation, my rental hav to increase & if tenants no agree, they can go stay further away or at those graffiti prone areas
if those 70% forumers can convince me that there r places which sells nasi lemak at 1sen. ie nenek moyang prices, then we got bubble   

once their wages roket up as they climb corporate ladder, they can go buy props at mkt value, provided my type of speculators wanna sell 
as our debate continues on & to rerepeat again - if life hand u a lemonade, try find ways to be a supplier of lemonade instead of opening the stall
now, we await those super negative pessimistic forumers to present facts & data that their waiting is well worth it, within the context of bolehland la

u can talk abt usa on subprime lending, but any mat rempit able to buy 10 props? which bank allows that type of lending standards?
u can talk abt china where their developers r slashing prices, but r our developers doing it? 
u can oso talk abt euro debt crisis, but if it meletup, would u even hav a job to think of buying props?

what go up must come down.

Because we have people like this , malaysian 20's 30's need to work extra hard to buy rubbish.
And what do you benefit if you gain the whole world but lose your own soul?
After election. Hope govt imposing 40% on property gain tax baru kena kau kau.

This word doesn't suit to property especially prime location properties.

Last time, a terrace house only 30k, go up to 50k, thene 100k, then 200k, then 350k, then 500k, now 700k.
Wait 30 years also not going down. 

This word doesn't suit to property especially prime location properties.

Last time, a terrace house only 30k, go up to 50k, thene 100k, then 200k, then 350k, then 500k, now 700k.
Wait 30 years also not going down. 

what go up must come down.

Because we have people like this , malaysian 20's 30's need to work extra hard to buy rubbish.
And what do you benefit if you gain the whole world but lose your own soul?
After election. Hope govt imposing 40% on property gain tax baru kena kau kau.

Just bumped into this article just now...

HOW A FINANCIAL PRO LOST HIS HOUSE

By CARL RICHARDS | New York Times – Wed, Nov 9, 2011 2:10 PM EST

http://finance.yahoo.com/news/financial-pr...-191003606.html

our basic salary for fresh graduate in 20 yrs (1990) ago is about 2k... after 20 years (2010) is about 2.5k... with only 25% increase over 20 years time... this is mainly due to education become too easy to obtain.... percentage of gradaute is increase more then 1000% times... sign of over supply... many job can be done by diploma holder, but replace with degree holder... in fact, the degree holder is receive the salary of diploma holder... it will be hard to increase the salary with over supply of fresh gradute in general.

back to property.... demand over supply still in play.... easy loan.... so, expected after ge, interest will increase... the earning from prop actually pay to interest.... to keep property up up... cash still the king...

today breakfast cost: rm3.7... sign of deflation. hehe....

KLCC areas is prime areas right. I read it is going down and no sign going up.

Also dubai - see what happen? no sign of going up (or stop going down)...

& now dubai spare to abu dahbi

Imaging what if UAS go into Syria & Iran  or ..... Isreal go into Iran.

what go up must come down.

I don't know why people keep on using fresh graduate wages as comparison.
A fresh graduate 10 years ago earned 2k, but he/she can improves and climb up the ladder, more skilled, experience, now can earn 5k, or 10k or even more.
So the person now can afford to buy a 500k properties already, so you have more 1 buyer coming out.
Prime location properties still remain the same supply, while you potentially have more demand due to more people can earn 10k, as well as rich become richer.
So that's why landed properties at prime location that has limited land space supply, always creep to the upside.
Only ocassionally economy recession, or previously properties market surge too much that can result in properties price plunge.

Fresh graduate wages just starting point only.

Last time, only top students manage to squeeze into Universities and get a degree, nowadays, as long as not poor enough and enough money, almost can get a degree already.
So for sure, supply become more, but quality wise is different story.

If BNM cut rate today may see increased activity in properties?

then .. back to square one.. definately everyone know work hard and work smart to increase their income lor...

degree actually seem a bubble... some inst is just printing degree.. because of the demand is high.... basic salary become stagnant.... will this happen to prop price? Nobody know..

i tot gomen 1 a high income nation...