Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Are property prices going to up further? V4, nothing's gonna stop us now

views
     
kelvinfixx
post Nov 23 2011, 03:33 PM

Regular
******
Senior Member
1,590 posts

Joined: Sep 2011
QUOTE(icp @ Nov 23 2011, 09:47 AM)
Malaysian GDP=rm30k per year..thats only 2.5k per month
u expect them to buy house more than 300k????
or expect them to rent ur property more than 2k per month????

hahahaha property owners gonna get screwed soon enough..
*
No doubt it is insane, Don't expect our salary will be rose to outpaced the inflation and property price.

To bad, I foresee we will be facing lots of challenging issues start from next year. Rain is heavy, flood is everywhere, shortage of food, subsidize will be cut after election, inflation will be very high.

Added on November 23, 2011, 3:35 pm
QUOTE(kurtkob78 @ Nov 23 2011, 03:16 PM)
with 3k salary per month, what is the estimation of max loan the bank going to approve ?
*
200k? I don't know, with 200k loan, monthly installment is about 1k.

Added on November 23, 2011, 3:38 pm
QUOTE(icp @ Nov 23 2011, 03:24 PM)
yeah,n to think that all properties gonna jump high and never going down also based on assumption only!
who r we to talk about the future rite? hmm.gif
*
From the history, Malaysian say it will never go down. But last time and now is different, I think it will fall this time, simply because the property price is too much.

This post has been edited by kelvinfixx: Nov 23 2011, 03:58 PM
kelvinfixx
post Nov 23 2011, 03:49 PM

Regular
******
Senior Member
1,590 posts

Joined: Sep 2011
QUOTE(silverfish1 @ Nov 23 2011, 09:18 AM)
This is quite interesting;

Thailand, Malaysia at risk in global slump: Fitch -By Agence France-Presse, Updated: 11/22/2011

Thailand and Malaysia would be the most at risk among Asia's developing countries if there were a sharp deterioration in the global economy, Fitch ratings agency said Tuesday.....

http://news.malaysia.msn.com/regional/arti...umentid=5569024
*
For South East Asia, I think Malaysia is the first to suffer this time around, if not a massive flood happens in Bangkok.

Malaysia PM is now doing a cosmetic work, he is injecting more money to prevent crisis and election. We soon have to pay what we enjoying now. That is the inconvenient truth.

We are not producing technology, we are not plating food, we are not outsourcing, what are we good at?

Don't ever listen to GDP, it is useless benchmark.

Added on November 23, 2011, 3:54 pm
QUOTE(sampool @ Nov 23 2011, 03:43 PM)
any promise b4 ge is empty promise......

who said our prop never crash... between 1997 - 2000 and 2002 - 2005... human is too forgetful... blush.gif
*
The property price is stagnant according to most people. If you have any report please voice up.

Luckily BNM now is tighten up all the credit given out by bank, or else this crisis will be massive.

Added on November 23, 2011, 3:56 pm
QUOTE(icp @ Nov 23 2011, 03:45 PM)
» Click to show Spoiler - click again to hide... «

cant agree more brah! thumbup.gif
its like every person wants to make profit fast and easy nowadays..
i say they aint that smart coz "people go shopping when its on sale,not when the price is hiking!"
*
Yes it is. It is still business an investment anyway, but they are doing it too much, that is the problem.

This post has been edited by kelvinfixx: Nov 23 2011, 03:56 PM
« Next Oldest · Property Talk · Next Newest »
 

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
 0.0515sec    1.07    7 queries    GZIP Disabled
Time is now: 11th December 2025 - 12:44 AM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.