Indeed housing price can go either way, don't get me wrong that I am not encouraging people to BBB as I feel that many condo are over priced. Some Cyber/ Sham Alam/ Sg Buloh condo are as expensive per sqft as MK/ Tmn Tun, which is a worrying sign to me. My opinion in that post is for those who want to buy their 1st home so that they won't need to rent or stay with FAMA when they plan to build their own family.

For myself, I don't care whether it goes up or down so long I buy within my mean. Everyone has their own right to invest their own $ & plan for their retirement.
- If I made the wrong decision & price go down, I will still have few prop to collect rental. Even if the rental yield is not ideal, I can still have passive income instead of spending my Epf $.
- If I made the right decision & price go up, I can financially retire 5-10 year early
- Either way I am the winner, only question is whether I win small or win big

Last but non least, wish to share my limited knowledge. I am sure that the sifus here won't mind sharing more with us.
1) do your own financial planning, whether for building new family or retirement. All of us have our own goals & constraints thus we can't apply the same formula on everybody
2) do your own study instead of BBB, do comparison
3) buy within your mean, keep some cash flow for emergency e.g. min 6-12x of your monthly salary

Exactly, it make no sense that rich people want kill their own CCRIS & CTOS. Most importantly, FACE does matter for the rich.

bro, take the below example. agree that some part of MK is technically Segambut, but how about Tmn Tun cheaper than Sri Kembangan? Academia LH looks like a flat/ apartment & built on a cracked+dead shopping mall but still sold out.


Desa Kiara@Taman Tun Dr Ismail (nx to Tropicana City Mall)
RM460k
1,257 sqft = rm365/ sqft

CHANGKAT VIEW@Mont Kiara
RM425k
1,100 aqft = rm386/ sqft

Academia@South City Plaza
RM434k
1,102 sqft = rm393/ sqft

haha, me2

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Added on April 5, 2012, 6:14 pmvery true but what to do, we don't earn 6m/ year

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Added on April 5, 2012, 6:15 pmi want too, if you have extra that don't want eat please pm me

This post has been edited by humble_tot: Apr 5 2012, 06:16 PM

ya dpc up from 400k to 1.6m, if drop bac 1.5m they say - i told u so

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Added on April 9, 2012, 3:41 amya net income n responsible financing guide disqualify many ppl - ploan & auto loan affected too.

This post has been edited by humble_tot: Apr 9 2012, 03:53 AM

bravo, one bro put his hand out. hope another bro will shake his hand.

Bro, typo izit? Guess u mean 'raise Malaysia property VALUE'

my buddy bot bayan villa to flip but vp till now not able sell. i think may location is a factor too.

i jz shared d truth only. my other fren sold TS recently for rm460k & earn rm200k, b4 minus interest, reno so on. subsale is slower but not entirely dead.

prop is always good inv, cant flip then jz hold long term, worst keep for retirement or nx gen.

Bro, many people are selling, you want to standout then you have to lower the price. Apart from this case, myself & another friend recently transacted (bought) a prop 8-10% below the asking price.

After the seller hold 6-12 month still can't sell he knows the only way to sell is to compromise unless he wants keep holding. No harm tough for those with holding power as prop can be long term investment. Those with holding power can decide whether to hold or cash out for better prop inv. Those can't hold can only throw.

What's the budget? Can pm me your friend's name & contact. Will pass it to me friend

No logic in that, when your prop go auction it means your Ccris is dead for min 1year & your Ctos record of the 'Credit Petition Order/ Winding Up Order' is forever there.

incr opr will kill d rakyat n foreginer will use msia as hedge fund. deposit here n borrow at their home country. end up $ flow out of country.
when whole wolrd low int% msia can't do it our own way.