pls spend some times to read news from internet.... below is just 1 among the hundred news... k

http://www.npr.org/2011/07/29/138838318/ho...ing?ft=1&f=1006

....
....

Lol... I'm laughing!

Good news also tonne of them on nets.

Hot projects why not advertised in the newspapers. Hehe

do you know the cost of advertising in main newsprint in this country?
one of the most expensive media advertising was st regis through the edge. practically a pull out section with at least 8 pages.

who care to advertise if any kind of project ppl are queuing like hungry dog fighting for a piece of shit.

LOL..

Buyer hope to property market crash, so everyone could afford a place of home.

Seller pray for bullish market, so they can flip their property.

A typical example of two. and since the start of this thread.

Well, from the current economic situations, the current price may still be sustained for sometime.

Until;

1. Interest rates increases until monthly rental installment could not cover.

2. A sudden drop in housing demand, in which, a sharp recession happens, job cuts everywhere.

3. US economies going down. In which affects mainly Penang and Selangor, export oriented states.

The buyer should not HOPE that the market crash, that would be too selfish.

Neither should seller pray for bullish market that the price is too high for the poor to afford. This is also too selfish.

INSTEAD we should all STUDY the market so that whether good thing or bad thing comes, we are all prepared. And that we could adjust accordingly and minimum damage to any party.

We should also equip ourselves with financial knowledge and be fully informed of the local and international happenings.

As it is said, success are for those who are prepared. Good or bad, we should face it together as a country.

Do you realise that if Residential Property were taken out as an investment vehicle, the price that we have to pay today will not be the same anymore

bottom line ultimately, buy what you need and can afford.. do some sensitivity analysis and what if interest rate raised to the max, ou need that margin of safety as well..

Good News!!!
next year there is no double dip recession by theory...

Bad News!!!
It is just another series of recession over the coming years... as the similar recession from 2008 will repeat again in 2012 and the years to come... so it is not just happen twice, but few times... so cannot call double dip, rather series of recession.. i think pattern could be VVVVV and not W.

This post has been edited by sampool: Jul 31 2011, 11:05 AM

Mind sharing what makes you think that 2012 is a recession year?

If the bublbe really happen. What my view are:
1) Prices on subsale might drop 5%?
2) Sales transaction is less, no ppl buying. But the price may remain not much diff. Is like ppl are holding w/o slashing much discount.
3) Bank will lower the evaluation value, and borrowing is much strict.
4) Developers new launch less, due to their future prediction of slow market? That's why can see many developer quickly launching new unit but not confirmation of start work.
5) Flipers will have difficulity of letting the unit go. Many will stucked there. Maybe some might no money to repay the monthly loan due to cash flow problem. Some might tried to rent it cheaply?
6) Agriculture land will be a good investment by the time?
7) Those ppl with cash will slowly pick some nice property for long term investment.

Correct and comment if wrong.
I am not very experience. I just got 1 property for home stay. But it might not too late for me to get involved in to real estate investment. As some forumer said any time is good time.

if the price increase is gradual, in case of a downturn or recession, price will be stagnant/slight decrease.
in the case of rapid price increase (eg. 2nd phase increase RM50k, 3rd phase RM100k). it will be hard landing. no doubt about it.

This post has been edited by GangHo: Jul 31 2011, 07:52 PM

What is the impact to MY property market if US default their debt? Most likely they will not right?

http://www.spectator.co.uk/business-and-in...-defaults.thtml

Not a single country would be spared. People will worry about tomorrow, not the property price.

It's a financial Tsunami, it will destroy anything that is on its way!

This post has been edited by GangHo: Jul 31 2011, 08:29 PM

Thx for the comment.
I wonder if really tsunami will it be just like 2009 or 1998?

It could be unprecedented. The global appetite has grown.

Billions and Trillions are uncommon century ago.

1998 is more of the Asian crisis while 2009 is local American sub-prime.

http://en.wikipedia.org/wiki/1997_Asian_financial_crisis

A global financial Tsunami would be much bigger than these two.

When the vehicle has become so BIG, it is very difficult for it to stop due to its momentum.

This post has been edited by GangHo: Jul 31 2011, 09:11 PM

Look like it would be disaster if US couldnot come to agreement on raising the debt ceiling .....

Don't worry, US will most likely avoid a default. Even if the US Congress can't seal a deal by Aug 2, they'll do it soon after. If not, Obama has other options. This might effect stock prices temporarily, but not property prices


Lawmakers close to deal to avoid default
http://www.reuters.com/article/2011/07/31/...E7646S620110731