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

Its a good time to sell props that appreciated 100%

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 

think more people are home owners of MK nowadays.

low end prop (old and less than 200k type) has little or nomore appreciation. so it is better to cash out now and invest in higher rerurn assets.
low end prop tend to become worst if it turn to drug addict, illegal workers home. (not now but maybe in near future)
many ppl are now reside or move to better condo..even students..

today will see a tussle of crowd between those who opt for landed in glenmarie or highrise in ttdi.
both same day preview.
am guessing bbb is still very alife in this two projects.

i for one is looking for a decent landed property for own stay. 4 months back the price for a 22"x70" d/s terrace was selling at RM530k and now the similarly sized unit is asking for RM590k! the initial launching price for this unit was RM450k (that was about 8 months back). that is like what, 30% increase since its launch and i think it's really ridiculous    i really hope that the price will stay where it is (drop will be even better but very unlikely that will happen) and stop the investors from making crazily lots of money from middle class income earner like myself! damnit!

all the price jack up by f***ing agent.. u guys agreed? they simply simply jack the price without f***ing knowledge.  if base on bank.. how f***ing real market price. my housing area here... terrace house can go for 1.5mil nia ma.. ghost only will buy. 3 years no one interested. HAHA. all agent problem. tell owner can can.. can sell.. sell my cock!

i know someone made a 500k loan using 3K salary + guarantor.
no..im not kidding.   

10k income net pay < 8k, after pay own house, car, petrol, insurance, eat, how much left? if both husband & wife double 10k income maybe can goreng dpc.

Wonder why the real estates forums are so quiet these days? We are towards the end of stage 5 now. Entering stage 6 very soon.

1) displacement ( birth of a boom )
2) expansion ( growth of the boom )
3) easy credit ( fuels asset price inflation )
4) euphoria ( over optimism and over confidence )
5) insider profit taking ( liquidation of position by lead investors )
6) panic ( chaos as investors try to sell but are hindered by liquidity and leverage )
7) revulsion ( investors stop participating in the market )



http://7economy.com/archives/2822

if crisis hits nothing is spared. best is to have your property fully paid off.