bubble burst then so many rushing to buy.. then price climb back again.. lol..

no need to buy, after election when PR wins. we gonna get free houses.

people are not that stupid to sell property for cheap because the ones with property are the one with steady income... so they can hold on to their property even if the bubble bursts....

If you want cheap house then pray for unemployment... but again it is a double edged sword isn't it...

Even during the 1998 economic crisis... the house prices kept on climbing...

the problem is, most of the property owners are serving bank loans.

Let's say when u 1st bought at super high price, the instalment monthly u pay 1k. Now, the value has gone down until if ppl make loans, they only need to pay 300-400 per month for that house. So, why pay 1k when the house is worth 300-400 per month only? And u gonna serve that for another 20 years?

This post has been edited by hazairi: Sep 6 2011, 01:00 PM

will medium low cost apartments be affected?
sq ft 798, priced under RM100k

my dad selling such units near jusco rawang.

baru keluar CF a week before raya.

will the house price in malaysia going down ? i waiting that time to come and then gonna bought a condo

omai i just bought my rm 300k condo in penang last month

it depends on the severity of the burst. I don't think our country will have the same bad effect such as previously received by US. BNM is doing their best to minimize the casualties.

Yeah, soon. If not another 2-3 years, might be another 5-8 years but it's worth the wait.

Prepare to die.

Don't think so those will be affected much...the luxury condos will be the first to get hit kua...

Hopefully in Penang the bubble will burst, the property prices here are truly insane. A condo with 800+ sq ft, and facilities like swimming pool, gym, and sauna, but *leasehold*, can go for more than RM300k here. Some condos/apartments are more than 700k even though the size is only 1500 sq ft or less. You can buy a few bungalows with that kind of money on the mainland

The question is hold on for how long? Every day just makan roti and air kosong since rental cannot cover the installment?

This time is different from 1998. The price up 50% in just a year.

And Najib don't have money to bail you out since goverment already overspent since 1998.

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ya right, 40 years loan period for 2 generation, low interest rate, minimal property gain tax - they are the one who allow the bubble getting big.

LOL. Now they are having headaches to overcome it..

OP quotes a 2010 article on raising the interest rate, then got comment on recalculation of mortgage, then how increased interest rate gonna affect homeowners?

How does 1 and 3 linked to 2? No source for "interest rate going to go up now" since the adjustment in first article already done back then...

good what bubble pop, we the younger generation can finally afford to buy house, and lets the fcking investor die with that bubble pop, we dont need em anymore.

Itulah, our cost of living is too high.

He's not worried. He's optimistic about Malaysia's future.

Its not a bubble to begin with.

There's no bubble.

LOL! Let me tell you what's going to happen. Richfag properties, harder to buy, richfags resort to low end and medium end properties AS INVESTMENTS. You'll see them grabbing 10-20 units of low cost apartments. Demand for low end and medium end properties increase. Poor and middle class people can't keep up. Poof... The same problem gets aggravated.

Sir, I have tell you that there's no property bubble in Malaysia.

This post has been edited by Flaming_lion: Sep 6 2011, 01:41 PM

Raising interest rates are one of the method use by a central bank to reduce the amount of lending from the people. They will soon as you can look from the graph, Malaysian household debt is the highest in Asia. If they continue to give low interest rate, definitely the economy can't sustain with lots of loans and it will make the bubble worst.

C'mon lar. No human can accurately predict the future.

Property prices might continue to go up, or more likely stay stagnant for a while.

RM300k condo in penang sound ok what. What size and location, name of project?

Malaysia no property bubble, just high demand for good properties.
Demand high, cost also high lor.