wah geng
do you mind sharing where and which BLOCKSSS these chinese ppl have bought?
thx.

Pricing is crazy already especially with DIBS. even the segambut dalam condos such as the one by brdb are selling >rm700psf! price of older MK units seems reasonable now.

that is where the chinese is buying Mk and S. dalam. also in penang and melaka

Chinese == Virus

I don't think property > RM400psf is reasonable at all. I'm actually worry for those people buying property > RM400psf. Some are buying like RM1000psf. This people will hard hit if property price drop back to reasonable level.

Although I'm buying property, I still think maximum affordable house is RM200psf to maximum of RM400psf. Anything more than this is just too scary.

15 years ago, people were complaining a 800sf condo cost 120k.
in klang valley, people are accepted a well facilities condo price 400k for 1000sf, means 400psf. nowadays if any developer launch at 300psf, people will say; wow! is cheap. hence it's become a baseline in our mindset.

I also bought a RM400psf condo which myself is very worry about. So I'm shocked that there's people who willing to fork out RM1000psf. I'm actually worry about them.

Depends on the location. If u buy at 600 to 1000 in places like cyberjaya then but if closer to central KL then ok la

one high priced new one does not say it all. some developers are still tyring to catch the water fishes, local or foreign - pure investors.

segambut dalam/dutamas condos - existing ones can fetch only 300-400psf. the cheapest and oldest ones <300 psf.
price of existing ones aren't too high and not expected to rise much anymore in the near term.
that is consistent with neighboring mk where many older condos are priced reasonmably, like you said.

Eventhough I'm non-investor, I'm scared my house drop price.

I heard one of our MOD grab a single storey terrace for RM300k in KL. So I think some project are just waiting for waterfish.

We, property investors and developers needs to work together to push the price further upward. This is the real world. Eventually people will have to accept the property price will go to higher level no matter what. This is due to the depreciation of currency notes and lesser land... Cheers...

I scared this cannot be supported by our income. Anything go up will comes down.

anybody familiar with the place Bukit Jelutong? seems like a lot of projects going there... including Sime Darby JV Sunrise...
any comments?

those 1000psf located at prime area, those buyers also prime income, maybe prime minister
don't worry too much about because there have such prime person to support that, it may not support by you or me.
the new launch and brand new subsales in bangsar already cost 1200psf, i don't think the price drop because we have enough prime income person to support, Shahrizat also one of them not the 'cap ayam' fella to buy and wait for price appreciation. even your little brother me myself with daily rate 2k are willing to support 650-700psf for bigger unit (2000+ sf) in MK.

I can foresee all the "investors" need to start to shred some paper and recalculate their paper profits.
They can say a 1000 times these prices are normal because of "fill in the usual reasons" but that still doesn't mean people can afford them.

I, as a potential upgrader, will never pay these crazy prices. I rather stay where I am and once prices come down pick where I want to go.
In the event that they don't go down I stay where I am now and enjoy life with all the money I have left over.

if inflation rises, what happen to house interest rates? will it go up like crazy also? since my house is tied to BLR

if the economy collapses, and the market bubble burst, what will happen to BLR then?

tq for all opinion in advance

I don't think we have so many Shahrizat. LOL. She is going down soon too. LOL.

Investor can't really buy property from developer now because appreciation margin is almost gone.

I remember I went to a property launch 1 month ago. The aunty investor ask the developer agent how to earn money if the price already so high?

aunty know how to flip or not

me also interested to know "where" & how many BLOCKS in which development?

I'm not talking about chinese company but as individuals purchases

This post has been edited by Iceman74: Dec 13 2011, 02:57 PM

wah geng
do you mind sharing where and which BLOCKSSS these chinese ppl have bought?
thx.

why no answer?
or you just say say only without any data?
and dont tell me the data you have is top secret cannot disclose.