good news for developers (constant sales for first time purchasers)
but bad news for flippers (first time qualify buyers will take advantage to apply/buy it b4 invests in others properties)
as for banks = no effect

but then again, in bolehland, anything can be corruptable if no 100% transparent control

there are alot SMI/SME not doing well for quite sometime, just that "good news must share, bad news keep to themshelves". Even now those MNC are facing/monitoring collection jor. Dunno about you all, look around, all those big big signboard across KV are emptying. I think company are cutting adver/marketing budget jor

like that ar...alot forummers here "pau" alot mistress jor..

so far those in super highend properties purchase are normally under company name for theirs directors or high position stay & mostly are vacation home for overseas investors(peanut for them cos if staying in presidential suite cos more then that)

if me, i will find the earliest possible way out of the boat

for yr 1st question...very minimum now..alot kiasu & greedy so call investors

& yr next question.. big "0" cos me will not pick it up & same with others "old bird" investors i know. i only enter when bank valuation more then selling price

i get what you mean about missing the boat & so do others. If the person are buying well within their capacity & not for investing, do not stop buying becos of prospect properties going to drop are high.


having said that, now is not the good time to invest in properties

high price properties are no good for biz ppls.

i have a scenario, a 4sty shoplot facing Giant Bandar Puteri costing below RM900k rental Rm4k(=/- 5% ROI)
but now, 2 rows behind or beside Giant are all selling more then 2M,

As properties investor, i need to rent RM8k to maintain 5%(min 6K - 3%) if not, better sell it off & earn bank interest.
As bizman myself, how are me going to pay so high rental to survive.
In conclusion, the higher properties price goes up now, the higher chance it drop harder.


btw in history of malaysia properties price, never happened that 30%/year price appreciation for 2 years in a row. We are in uncharted territory. Me now in sit back & let it reveal coming months or years.

yup, more or less me forecast but hor, need to see how our banks can survive that write off & how long rakyats going to absorb those oversupply properties

Not many type of business can survive on high rental beside few famous F&B, even banks also lock you down for certain number of years on certain percentage increment in the Agreement. If this crazy Appreciation do go on...i do believe more biz going down, there are more & more shoplot put up banners for sales/to let in Bandar Puteri now.

I do know properties increase over times(5% -10%) but this 2 years are insane. Me no complaining as me do sold off those not up to my expectation or even those wrong purchase properties at profit. Where can find a wrongly mistake loss investment properties can become profitable.


from my experience, there will always another chance to invest if you miss the last boat. Just be prepare & patience. Of cos, if for sendiri use, there is no best time to buy. Just buy if it fit yr budget & requirement.

This post has been edited by Iceman74: Sep 7 2011, 07:35 PM

nah, Li Ka Shing will be busy buying HK & China or SG properties lor
Our nation got so much apealling meh

Quite a number here believe there are so many rich cash investors/buyers, if really got, our loan to income ratio won't increase so drastic. Quite alot investors are overleveraged. If their biz slowdown, huge problem await them. Me being this situation before, it get to you mentally ..... & it not a pleasant feeling

i always wanted to know why always compare to those developed countries(HK & SG especially) but when come to salary & living standard must compare to dunno which Africa countries or Vietnam or Myammar

Guys, look like it still BBB mode

Yesterday me was at fruits stall overheard a conversation between fruit seller & a customer

C : Auntie, u just give birth jor ar?
FS : ya lor, thanks god is a boy, can help me later just like my kid there.
C : too bad, you must now work very hard lor
FS : give him "pause look"(including me) & ask why?
C : boy mah,you need to buy a house for him mah
FS : me can tell him slow slow wait lor


i didn't know now already have a condition to b4 giving birth

This post has been edited by Iceman74: Sep 12 2011, 03:06 PM

me already done that long long time jor...kiasu mah

thanks god me wife said stop production jor. if not, work until 70 also dunno enough

This post has been edited by Iceman74: Sep 12 2011, 03:34 PM

dun tell too much
no good for optimistic heart lar

If it gold price indeed do rise to that level, i believe gold price/wealth preserving will be the least of my worries. I will more worry about me & my family safety

if the new launch price show correction, it may already too late for flippers jor

malaysia boleh mah
got a geng chow thread want all sellers set RM460psf if not higher


not so fast, u do know malaysians got alot hidden treasures/dragons

This post has been edited by Iceman74: Sep 21 2011, 10:37 AM

yup..agreed.. the end users market still US. Already feeling the sales dropping impact jor the last 6 months & it will getting worst if US do not improve in this 2nd half of the year.

dunno about you all, it have been happening since 2008 jor
Me can lend more then 100% since 2009...that is went i get scare after doing financial acid test on myself.
so now me keep reducing loan amount & on sideline for time being.

how on earth those first purchase going to buy Rm400k with 3k salary? Each month instalments already more than 1/3 of the salary
more like lip service jer

if yr timing to cash out is right on the spot...then u are in the 1% group but then again, every time you borrow more, your greed grow even more...good luck

This post has been edited by Iceman74: Oct 13 2011, 08:49 PM