I think the opposite will happen next year. With Central banks around the world gonna inject more liquidity into the financial markets, do expect some of the hot money to drive up property prices....

The cycle will start again...

ohhh i see i see

haha...it looks like something skim cepat kaya.

1.6k / 5k = 32% in return within 12 months. 

Under the current US dollar system, USD used to backed by gold, and other countries use USD to back their own currencies. That's why central banks in the world hold US treasury bonds as reserve, they used to own gold as reserve.

The US severed the gold standard in 1971, therefore the whole world is running a fiat paper system first time in human history. 2012-1971 is less than 41 years, 42 years is a false statement I have to admit.

It's not about we do not have enough gold for global trading, it's about the gold price. You can print 10 trillion paper notes and back by 10 tons of gold, or print 10 million and back by 10 tons of gold.

We do not have to have inflation, ever wonder why a house cost 10k in 1971 and is worth 800k now?

We had 0% inflation from late 19 century to early 20 century, because there was a gold standard.

The thing is the current system is hitting the wall, we will have a new world monetary to replace the current petrodollar standard. It's very likely to tie back to gold, it is the only way to to gain public confidence.

Ever wonder why the US keep invading middle east and wanting to control the world oil supply? The US dollar is backed by petroleum, they force the world to buy oil in USD therefore there is always a demand for US dollar.

Ever wonder why Saddam Hussein and Gaddafi got killed? They wanted to trade oil in other currency rather than USD.
Well, I do not want to talk about gold in this thread anymore, it's not relevant. Stop digging out gold topic Mr. Kidmad please.

Faber Indah 517sf asking for sale at 110k..ok tak?

cant find the faber indah rm110k ad online

zulko407 : 'I would invest in GOLD frequently if allow in this strategy...."

The Finance Ministry's Valuation and Property Services Department Property Market Report 2011 released last week showed there were 269,789 residential property transactions worth RM61.83bil transacted last year, the highest recorded in the last five years.



MYR..................Transaction..%
<50K ................45,055.......16.7%
50K-100K..........55,307.......20.5%
100K-200K........80,397.......29.8%
200K-500K........67,177.......24.9%
500K-1M...........15,378.......5.7%
>1M..................6,475.........2.4%
TOTAL...............269,789....100.0%

There are lots of rich people in this country.
Why are you guys complaining here?

1. This figure shows that Malaysia is not drastically high and warrant a meltdown as claim by the doomsayers
2. It also remind seller which want to sells sky high for their property which they claim that others is selling at very high price.

Non the less 21k above 500k is still a market.........

Solid figure from the government to debunk the myth of the opposition claiming that House is way beyond normal working level

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Added on April 11, 2012, 12:14 pmAnd for BNM to remove foreigner buying form 500k-1mil buying, is doing quite a good job in ensuring the property in Malaysia has a sustainable growth without hurting the property industry. As always Pn Zeti intention is not to let the property industry crash and hurt pepole, but is to remind people that we should allow property to be in a reasonbly, sustainable growth, rather than a bubble to meet small party benefits.