lol. Jakarta is indeed higher. Income factor apart there's also population pressure la.
Manila median also higher than kv median, I stand corrected.

kh8668 bro, good to hear these voices actually, it shows some holding back on the ground, all the way bbb den jia lat, good for long term

I hope so too.

actually so you read that many speculators/investors are prepared in this forum itself, will the support go so low?
the market need to catch the core players offguard, then you'll see some real selling.

drop, perhaps, stagnation, maybe, but sharp drop, many are waiting to pounce la.

This is nothing compared to last yr our 70% ltv or 60-50% ltv seen in other countries.
Our measures are mild la and more can be taken.

Im not here to speculate. Im here advocating a slowdown is good. Am only stating my
opinion on the near term direction of the market.

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Added on September 5, 2011, 10:59 pmbtw, which one is selectively ya

This post has been edited by 1ullaby: Sep 5 2011, 11:00 PM

only season players will even contemplate to take the dip.

others, hard earn money, sure wont risk it one.

but same opinion as u, the precursor factors r not there

Dude, a property forum naturally has alot of optimist, do you expect all pessimist together the forum everyday and be negative?
No one will be so mou liu lo. lol

That is good sharing. As well that reflects how a homebuyer will benefit from avoiding from speculating from the property cycle.
A home buyer will serve well to have the intention of providing shelter for his family when buying a property.
Everyday is a good time to buy, and a good time means you can well afford the property, and it serves the purpose of your family.

Now back to the topic of forum sharing, heres what i think. Every adult needs to have an open mind when coming into the forum.
The beauty is, you get to meet people you might never meet in real life, some of them made it, some made it big, some have valuable
finger burning experience you might get - for free! you are benefiting from their years of experience.

No one is asking anyone to take advises at face value, but I believe, the majority knows, when you are listening to someone
who is making sense - be it negative or positive comment. I wish to believe that our sense of reasoning is alive and kicking
no matter how you put malaysian education level at.

Now for someone who veer towards extreme side of negativity or positivity, they tend to be clouded in their judgement - until some
reality strikes like lighting. I'd like to try avoid meeting such persons everyday - its frustrating to listen to the same thing over and over again.
I prefer to have both sides of the coin. No any situation warrants an extreme view solely and any time. Theres always both sides. Thats what
i think.

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Added on September 11, 2011, 11:29 amEvery profession has different quality personnel. Same thing happens all over the world.
Pls la .. you can do better than this post.

This post has been edited by 1ullaby: Sep 11 2011, 11:29 AM

Back to my previous post, its back to reasoning.

As well, instead of property cycle timing and seeking advise on when to go in, investors are better off doing
financial management and do more studies by themselves.

We are in the same wave length for most of the points.

Again, reasons resonates, no matter what angle we are coming from, no matter we agree or not.

There are simply some people who make me feel like they are talking to themselves, somehow!

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Added on September 12, 2011, 7:28 pmAs a professional you are actually resorting to name attacks? No kidding! Im speechless to say the least.

And the over and over again part ... you really do have the skin to say that huh.

This post has been edited by 1ullaby: Sep 12 2011, 07:42 PM

Europeans rethinking investing in turbulent times?

A PLANNED holiday in Barcelona with the family was a nice break, after I wrapped up a series of business meetings in Europe recently.

It was our first trip to Barcelona. Tourist spots such as the Barcelona football club, Sagrada Familia church and shops in Las Ramblas street are always busy, crowded and expensive. Barcelona after all is a world renowned tourist spot and it is the peak tourist season in Europe.

As we explored the city, economic activities seemed abundant; one would think businesses are doing quite well, not only in Barcelona but across Spain too. Yet, we know first impressions may deceive; as you venture outside Barcelona city limits, where there are fewer tourists, that sense of economic confidence diminishes.

A lot of “for sale” signs posted among residential and commercial properties are grim reminders of the realities of Spain's real estate collapse, a still stagnant economy and 21% unemployment rate (a record 4.9 million jobless).

Mind you, Spain is still a relatively wealthy country; except today, many parts are suffering from depressed properties, crippled banks and high debts (austerity measures too will add to the pain). That much can be said as well about a few other countries in Europe today.

The week before joining the family in Spain, I met up with a number of European professionals in London, Geneva and Zurich. Many of these professionals advise institutional investors, manages fund of funds and administer family offices.

The general feeling among these professionals is that Europe and the United States are going through a tough period of stagnant economic growth, uncertain political and fiscal unity. Therefore, many investment professionals are eager to explore Asian opportunities; Asia's economic prospects seem structurally brighter, growing at a faster pace and on a long-term uptrend.

Hence, they are spending some of their precious time (especially during summer holidays) meeting up with a relatively unknown Asian boutique fund manager like me.

Investing in Asia is of course not new to these professionals. Yet historically, Asian equities constitute a small portion of a European investors' portfolio, (a typical global fund may only contain about 8% emerging markets equities, which include Asia ex-Japan, South America, the Middle East, Africa and so on); partly because emerging markets as a whole is relatively small (and perceived to be of higher risk) compared with developed markets.

For Europeans, the largest percentage of assets is naturally placed closer to home, call it “home bias” if you will, and investors are less inclined to change allocations unnecessarily. Yet the current crisis in the EU may be a trigger to actively reposition and diversify investments.

That said, seasoned European investors have been through many periods of turmoil. The rich in particular have developed strategies to manage turbulent times.

An interesting conversation with a professional manager in Zurich relates how a wealthy European family divides its wealth into five baskets:

1. Strategic business: The business where the family wealth originates and continues to be generated;

2. Real estate: Wealth invested in all kinds of properties from commercial properties to property developments and farmlands;

3. Investment funds: Equity, bonds, hedge funds and others (and Asian equities, the reason for my meeting);

4. Leisure: Pleasure-related investments such as in hotels, resorts and vineyards; and

5. War chest: Precious metals and gems such as gold bullions, silver coins and diamonds.

The first three baskets seem pretty straightforward. The original family business continues to generate surplus cash, to be invested in properties and investment funds to create more wealth and provide diversification.

Leisure is a little less conventional but sensible; a “pleasurable” basket of hotels, resorts, vineyards and other leisure-type investments may or may not be generating great returns, but they represent another form of diversification with some fun and passion thrown in.

The war chest basket is unique. The professionally-managed wealth in precious metals and gems such as gold bullions, silver coins and diamonds are stored in secret locations around the world (another form of diversification, pretty useful if the world's fiat money system breaks down).

This is an interesting but rare example of a very rich family's wealth strategy, yet it illustrates the importance of diversification from a current European prospective.

Countries in EU potentially going bust (think Greece) are shaking long-held European beliefs about economic stability. For a long time, developed market assets are deemed much safer than emerging market assets; one of the reasons why currencies such as the US dollar, yen and euro are considered “safe haven” in times of crisis. This time around, fallout from the 2008 global financial crisis is causing major structural changes around the world; it is clearly moving the economic centre of the world eastwards and changing the perception of investment risk.

As Europe's debt crisis deepens, the perceived investment risk in Greece and Portugal, for example, outweighs investment risks in many emerging markets.

This could very well be the tipping point where many European investors will increasingly scrutinise and diversify away from “home-biased” investments; many may even start to build war chests of precious metals, hold renminbi or substantially increase Asian equity holdings, perhaps more than one would expect.

Asia is likely to change structurally in tandem; that may include, for example, an inflow of massive capital to Asia's financial centres, a rapid buildup of financial market infrastructures and an influx of highly-skilled financial workforce.

The key for Asia is the more conducive an environment (financial, tax, legal, living, social, civil etc) a government provides, the more attractive their country becomes for these lucrative waves of inflows.


From The Star - Business Section - 19 September 2011

Thats the right and logical thing to do.
Guess whats china is doing, gobbling up commodities / raw materials production companies to ensure future supply. Smart.

do seriously consider writing into the star column to share with the broader masses. i think the editors might be interested in a weekly column as well.
its about time the ignorant gen w x y z gets an eye opener.
silly public really, thinking vietnam's inflation woes are of own doings and zimbabwe's inflation is simply due to poor governance.

we need more education like this. who says capitalism has business cycles? capitalism itself is created by these group of ppl! not excesses and greed!

how much time and effort is wasted in writing books about capitalism and cycles and banking. bah! professors in universities are
teaching the wrong stuff to our students too. central bankers just another product of our failed education system in economics. if only they knew ...

thanks taikor for d education

This post has been edited by 1ullaby: Oct 6 2011, 11:24 PM

Same again, talk like no talk. Cycles are about booms and bust. When boom? When bust? You're like saying sometime in the future we will have crisis, lets go into defensive mode already.

How bout some definite message. What will happen, when? Buy gold, when sell? Sell property? When buy? Short currency? When long? Nothing from you, mr. "advisor".
So money printing will bring another round of inflation, whats your action? buy gold again?

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Added on October 11, 2011, 10:16 pm whats your name?

you are hiding behind internet, my friend.

This post has been edited by 1ullaby: Oct 11 2011, 10:16 PM

Kekeke .. maybe at V10 someone will be able to say ... I told you so!!

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Added on November 2, 2011, 11:12 pmNo ler ... must have periods like this.. in fact has always been like this, only recently the transition period has been cut short..

If always up up up ... die very fast

This post has been edited by 1ullaby: Nov 2 2011, 11:12 PM

Well I dont disagree, depend how long u mean la .. I'm giving this decade to Asia anyway

But I still dont pity some greedy developers .. they do deserve the anxious moment they're in now ... lol