so it answers the question on the thread already, close thread?

i like this chart......i think MY prop is about to enter into the last leg of the bull run before reaching the plateau unless this is brought forward by an event eg political instability.

Banks tightening credit is the beginning....keep a close watch on the coming budget announcement in Oct and next GE.

The game is getting very excited. The point is, now I buy the property. But some able to sell w/o complete or after SP and some only after complete? You see now developer very clever, they try to sell it even before launching it. They get your money put in the bank save the interest. So their case settle, now for the buyer side. Another 2 years down road to complete, so after 2 years time the market still good or bad we don't know. Buy for own stay always no problem.
In order ppl can afford higher loan, we should have a higher and steady salary. So much depends on our govt. Inflation high, car loan, now housing loan. If the salary not competative enough for overall. Then the ppl might suffer.
But maybe the time ppl are moving to new state to stay, like JB. If JB can create more jobs and attract foreigner with the iskandar. The place property still affortable but not as high as KL. Penang also not a bad place, mainland landed still look very attractive, if you can stay Sg petani also ok. So there is still much option. Travelling an hour to work is quite common.
Place like Sg and HK diff, you don't have place to stay. Bcoz every here and there the price is much the same.
It is the govt, banker and developer create this trend so all ppl rushing in to buy the property? Even last 3 years ago there isn't much hunger for property.
So..... ppl buy property is much for gaining and sustain wealth? Some rushing for own stay bcoz seeing the price increasing. Last time ppl though is, aiway...wait and see and good houses coming out. Compare first check other places first. Now? you better prepare a cheque book on the first day to do the booking. The time I bought my house in SA, it was about nearly 1 month I ding dong here and there before confirmed my booking.
My last question, should I go for some property for rental (subsale) now or go for upgrade?

Please do a favour for all benefit.

Do not copy and paste entire article.
Please highlight certain points that one wants to highlight or willing to discuss upon, the rest please use spoiler.

Thank you for the cooperation

will learn how to use the spoiler..kekekeke

by the way, these articles will cost a bomb in future

I've heard from bankers and have the same feeling.

Its a good time to sell props that appreciated 100%

BNM will got no choice but to increase interest rate. The leverage by using currency appreciation to contain inflation has already reached its limit. Further appreciation without other countries following suit will only hurt exporters.

http://biz.thestar.com.my/news/story.asp?f...46&sec=business

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Added on July 23, 2011, 2:11 pmCredit Crunching!!

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Added on July 23, 2011, 2:50 pmI have yet to see any of the political figure saying that bad time is coming and that we should prepare ourselves. Everything is only good. **IF** the finance ministry knows anything coming, e.g. credit crunching, he should warn us and not give us false hope that property price will increase further.

This post has been edited by GangHo: Jul 23 2011, 02:50 PM

when r u going to sell your units?

Does that reflect that property price might be dropping when the majority can not afford to pay 30 - 40% of downpayment ?

Hi guys, a newbie to learn about this field

IF majority(depending on your definition) REALLY cannot afford to pay 30% to 40% of down payment and it is the regulation set, it mean only minority(Depending on your definition) is buying houses.

Under the above situation, price will definitely drop because the property sector could not be supported only by minority.

this is my conversation with a property agent just now for her post of a semi-d selling for RM 450k at KL

Go higher while you still can ! I'm also waiting...

This post has been edited by Vincent Pang: Jul 23 2011, 07:30 PM

Myself still has got long way to go before being able to afford a property but the dramatic increase of property's price in recent years have always made me wonder how tough for coming generations to afford a property, and also looks like for those who is planning to invest in properties should hold the thoughts?

The younger generation will still afford ......just not close to prime area. And can forget about city center. Rawang may be part of Greater Greater KV in the next 30 yrs

right, younger, next-next generation can still afford and buy.
just dun complain cannot buy in prime-prime areas, cannot buy when 20-25 yrs old!!

no doubt subsale is slowing down tremendously. lots of properties just paper gain.
the BBB scenario is only applicable for new launch properties.

which is awful isnt it

This post has been edited by SunofaBeach: Jul 23 2011, 09:37 PM

if everyone expect the prop down.. it will not going to down, but up.

if everyone expect the prop up.. it will not going to up, but down.

why dont someone start a poll to survey number(%) of forumer in LYN thinks whether property will continue rising / fall / stagnant in 2012 onwards? Ppl will be able to plan the next move using the figures

which foreign bank is this that cut. not Citibank ma.

This post has been edited by airline: Jul 24 2011, 10:55 AM