i wonder when new year start with loan base on nett income how it will affect sales?

4. Building material cost increased...

klcc area got big flood yesterday... will it affected the prop market the surrrounding area?

not wise to ignore possibility of worsening floods in near future.
changes in weather patterns are not going away anytime soon.
some gomens will spend big money and do all it can to mitigate future flooding.
some will just call it act of god or bad luck, wait for next flood.

if buying new home esp in new area, should pay special attention to any news of flooding in and around that area.
we know some developers are not very responsible.
once some houses in an area are flooded, the stigma doesn't go away easily.

of course, double jeopardy when the new home area turns out to be flood prone, with a recession in the economy.
that would be a real disaster.

sorry but here if brick raise 2%, the house raise 20%. true story.

Developers are running business not a charity. If someone is willing to buy a at RM X amount then it is the right of the seller whether developer or property owner to sell at RM X.

Say you own a shop, and you sell your product at RM100 per unit.
On Monday people lineup outside your shop to buy until sold out.
On Tuesday you increase price to RM150 per unit, people also line up outside your shop to buy until sold out.
On Wednesday you increase price to RM200 per unit and people still lineup outside your shop until sold out.
On Thursday you come to open your shop and see people still lining up outside, are you still gonna sell at RM200 or increase some more?

Developer and Property Owners are only half responsible for increasing prices because price increase can only happen when there is willing buyer and willing seller

Dun judge too early, keep yr statement for 3 years, look back in 2014, you may be wrong.
At least I know during 2008 US Crisis, those blur blur idiots who listened to sales agent and park theirs' money in property are laughing all the way to the bank now....
Unlike stock mkt, Real Estate is bout dealing with tangible goods, the supply of raw materials and land is tend to diminish and price / cost of goods is likely to be on upward trend...
IMO the only factor that will cause property price to drop is the loosen of bank loan approval, over leveraging is a risky move. Generally I feel that Malaysia banks are still very conservative and "kiasi", this helps to cool the mkt down a bit. My China engineer friend (salary RMB15K) can purchase 4 units of apt worth RMB 5.8 mil back in 2007 (maximum loan), they can factor in the future rental income into theirs' "current" salary (unbelievable!)!
Hard to imagine if this happen in bolehland, the recent China mkt's correction is largely due to aggressive lending by financial institutions

You can get the House Price index for Malaysia from:http://napic.jpph.gov.my/epsKeyStatistics/...tletWindowsnpbj

1988 - 92
1989 - 96
1990 - 100
1991 - 126
1992 - 141
1993 - 148
1994 - 159
1995 - 189
1996 - 213
1997 - 217
1998 - 196
1999 - 192
2000 - 203
2001 - 206
2002 - 211
2003 - 219
2004 - 230
2005 - 235
2006 - 240
2007  -252
2008 - 264
2009 - 268
2010 - 286

From 1988-1997 prices increased 135% equivelent to 10% compounded increase per annum

From 1997-1999 prices dropped 12% equivelent to 6% drop per annum

From 1999-2010 prices increased 49% equivelent to slightly over 3% compounded increase per annum

No drop during Global Financial Crisis

The price increase we are experiencing now is nothing compared to the price increase seen during the decade before the Asian Financial Crisis.

Even with the continuous 10% compounded increase per annum prior to 1997, our House price index only dropped 12% in 2 years during the AFC.

If the market only dropped 12% during AFC, after massive gains of 10% per annum prior to AFC, do you see our market and economic fundamentals right now being worse than prior to AFC?

At 3% per annum for the past 10 years, our prices still have alot of catching up to do.

That being said, this is just my analysis of the data published by the Government. Other are welcome to share their analysis as well and hopefully we can have intelectual exchanges based on facts and figures.

I certainly do not go out there spreading false rumours. Ironically the one claiming others are making unfounded allagations is also making unfounded allagations of their own.

after following this tread for so long
i know the standard answer for this:
bcos no one buy over/rent their "investment" now 

answer:
there are a lot of cash rich ppl and cash rich company do not care whether can rent out their investment or not
they can just leave it there and let it rot and no problem.

u dun really understand cash rich ppl. some cash rich ppl cant even count how many prop they owned.

as per the expenses u mentioned, their accountant will show only misc and they dun even bother to look at.  they oni look at big numbers..

rich ppl only interested how much net assets they hv in hand..they are more interested in $$ rather than units...

Both of u also rich man