a friend of mine working in Beijing since 2007, he said the condo in the city area cost RM1,200 - 1,500psf in year 2008/9, now RM3,500psf.
he was so regrets not invest in Beijing

you're worry to much, maybe your children be the next steve jobs ler.

nowadays many area are much expensive than mont kiara, Reflection Mutiara damansara launched 750psf, where subsales unit in Seni is asking 600-650psf.

although i don't buy the Reflection but can't comment much on the high selling price, i personally prefer mont kiara, i think other than KLCC, bangsar and damasara height, mont kiara also one of the expat's 1st choice. for own stay, there's still worth to buy compare to other location, for investment, there's still some good units to invest, if one's familiar the condo and area there.

This post has been edited by zuiko407: Dec 12 2011, 10:34 AM

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.

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.

your comment / statement always make my day

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Added on December 13, 2011, 7:15 pmThe government intentionally slammed the price to 40% down rather than control the price be stagnant, but not to affect the whole economy collapse from the bubble, very interesting strategy from the chinese government, really interested to follow up what's the next they gonna do.
i'm pity on the home buyers who made the downpayment before the developer slashed prices 25% on unsold units to attract new buyers, i'm wondering any developer here in malaysia going to do so during the bad market response, unless the developer intentionally for doing one time business and quit from property development industry!

This post has been edited by zuiko407: Dec 13 2011, 10:23 PM

for me; no one can blame except our own, not smart enough, not inteligent enough, not proactive enough, not aggressive enough.

Don't too worry about them, they have yet to complain and blame anyone, the proactive one will have their own way to develop their career, and the rest will complain the property price at 3000psf

If your shoplot happening like Bangsar, why not

What do you think will happen to the price of Kopi-O ice and Chicken rice when China slows down even more?

would you able to hold your 4 storey shophouse?
touch wood if you can't; please give the 1st priority to let me know, i buy from you with cheap cheap price

to be honest, i already disposed some and get ready cash, still keep some confidence one and keep rented out.
doesn't matter market crash or not, i still can buy

No doubt US and europe in deep shit now, it making other region in a worry, everybody are predict the crisis coming on next year, somemore can predict end 2012/ early 2013, even the aunty in the wet market also can tell you the same; "Europe no good lo, next year we die la, save more money now, property drop next year".
Whether the crisis happen or not, still a question mark. but sometime we keep discuss among our friends, the crisis which happened so far, do we really be able to predict before it happen? not only you and me, not only the economist, even char kuey tiew uncle aunty be able to tell the same story, most people are keep the ready cash to standby, pull hand brake for big spending, put on hold to buy big car, wait for Genting share drop till RM3.20 like happened year 2009. if most people be able to know it going to happen and get ready to prevent, that's not so call crisis then?? there will not many poor people in the world then? Mahathir won't big spent on KLCC, Putrajaya, KLIA before 1997 then? the American will get ready before 2008 then!

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Added on December 16, 2011, 10:55 ami actually answered your question with asked you a question.

This post has been edited by zuiko407: Dec 16 2011, 10:55 AM

Ah gogo,

i'm not telling you the crisis won't happen, i'm just telling you it's still a question mark! and beyond you and me to predict. if you and me be able to predict so accurately, i don't think we're sitting in front of monitor screen or iphone with lowyat forum, we better sit in OSK investment to predict which counter in the share market will boom.

one thing need remind you guys that before the US crisis, there were also some fella to hope the property price to drop till their desire price level, and now the price drop more than what they want, from $150k till $30K, is not only cheap, is really dirt cheap, i believe many of them still don't buy, and i believe most of us here know why!
Usually people afford to buy one, or those already own a property won't care much the price keep going up or drop, understand that many are suffering to own one with the high eacalated price nowadays, most of them are mid to low income group which less saving, affordability for loan repayment, problem with the 10% down, loan approval etc......and now! most of them are desire to welcome the strong cirisis, only strong crisis be able to have the force to pull the price in heavy drop, please remind that don't always celebrate too early, because you're applying your current situation/status income to the desire price level, but yes if nothing affect your employment or business status by then, otherwise the benefit still goes to the rich.
we can think or say whatever we want here, is free of charge anyway, but in reality, that's not so straight forward

This post has been edited by zuiko407: Dec 16 2011, 11:45 AM

errr..... you also did the same thing as me

some fella yes, but for some fella who can afford, answer may 'no' for them, there always have auction out there, whether good or bad market, if you did survey enough in the market, you'll be able to get one. means in market there's many type of owner with different income level, some may not afford to hold and disposed with cheaper price, or even come worst goes to auction, but someone with better financial status will fill in for that.

I 60% you 40%, ok?

why you buy shoplot now?
many owners will bankrupt next year, you may get much cheaper stuff then

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Added on December 16, 2011, 12:51 pmsometime i'm really confuse about your direction, you owned one and going to buy another, and now you're celebrating upfront for next year crisis.

This post has been edited by zuiko407: Dec 16 2011, 12:51 PM