Yup, what I found intereting is that those "seniors" probably think that the "juniors" couldnt afford anything. Sorry to say but you are probably obsolete today, thinking that you know everything.

This post has been edited by AMINT: Sep 1 2012, 12:48 PM

Britain is still in the slump, read the news today, there are going down one by one and going to create chain reaction...insiders from developers themslves sayi g 2013 is going to be worse, but in the newspapers, of course they try to portray all is well and paint a positive picture with those " sweet sounding words like soft landing, slight market correction, macro economics, etctetc

For young ppl eyeing for first property, perhaps need to be realistics and compromise slightly. For instance, don't just target hot areas like damansara perd, pj etc.

There are cheaper properties elsewhere in not so hot, but acceptable location. ESP subsale. If cant afford landed, should start with apartment. Be reasonable.

For instance, I know ppl that insist buying pj properties. Happening areas. But can't afford. I recommend other places but don't want. End up still waiting n waiting and drifting even further from reality.


This post has been edited by nanoe: Sep 1 2012, 01:06 PM

Just to add....

The 'Majority' > Discuss and chat about WORRIES, PROBLEMS & BLAMES!
The 'Minority' > Discuss and chat about SUCCESS and SOLUTIONS!

Simple Quote: There's a WILL, there's a WAY!

---

Added on September 1, 2012, 12:56 pm SOLUTION advice! That's the spirits!

This post has been edited by AppreciativeMan: Sep 1 2012, 12:58 PM

Spot on!!

Winners finds ways
Loosers find excuesses.

it is not that when u complain the price will go down.

Oh yes. Gov is listening. Election year ma. Price may go down if complaints are many, ESP for popular areas

Just kidding. Seriously, I think u are right.

Out of the top 20 developers in the country, more than half are owned by government. So what say you??? hehe....they are the want that set the price.
They are either profit oriented company or charity non profit organisation?

This post has been edited by cheahcw2003: Sep 1 2012, 01:31 PM

Nothing touches a more personal chord and cuts a deeper wound, than a statement that strikes fear into those who've invested their lives into their properties, that maybe their overpriced properties are headed down south.

So paranoid ke, that all these negative prediction going to somehow affect your lives?

Speaking for myself, I think this thread is about whether we think the prices will go down or not. For me, I expressed my views based on rationale mentioned in my earlier posts.

Therefore, For those that express their views that market may not crash, I don't think it is fair to call them paranoid or with vested interest.

You're RIGHT! More than half company our G involve on it

---

Added on September 1, 2012, 2:13 pm2013 property market, personally think that more targeting on commercial development projects and the people who want to upgrade their existing house

This post has been edited by 37 Exposures: Sep 1 2012, 02:13 PM

Last time (almost 2 decades ago) when one first started job as graduate, the pay is 1k. Now for the same graduate (with degree), it's 3k.

Yup, probably they dont know that there are some 20s earning Rm30-40k a month and some 30s earning Rm40k-70k a month. Blindly saying 20s and 30s cannot afford is wrong. Look around u, those driving GTR R35, lamborghini all in 40s? But an average joe working in malaysia, surely it is hard to come by

This post has been edited by AMINT: Sep 1 2012, 03:48 PM

Sad to say that, 3k it's hard to survive in KL nowadays!

3000- 330(EPF)- 700(Car Installment)- 250(Petrol)- 200(Car Maintenance+Insurance)- 100(Toll)- 200(Parking)- 100(Mobile)- 500(Breakfast+Lunch), only left 620 for other expenses like rental, dinner etc..

Beside solve house price problem, hope all the boss here can solve the salary problem as well!

This post has been edited by 37 Exposures: Sep 1 2012, 03:40 PM

500 for meal enough, only RM16 per day, unless you are stay with parent lah

Guys, I have spoken to 2 person. 1 commercial banker and 1 bank negara staff. Both said all banks are preparing and predicting some bad shit is coming in 2013 and have setup special task forces for that. Any bankers here want to confirm that?

This post has been edited by AMINT: Sep 1 2012, 04:17 PM

Here I go again: get married and join income. Joint borrowers.

Of course, hv to start modestly, don't immediately aim for hot properties or areas.

This post has been edited by nanoe: Sep 1 2012, 04:18 PM

One word 'CHANGE!'

Not satisfied of where u r, who u r.... Change job, Change environment, Change yourself, Change the way u think and etc.... There is sooooooo many things tat one can do to be different...... Do something different from what u r doing now then u can get a different result/outcome. If u continue doing wat u r doing then don't expect any different result.

If u r poor financially, it can be temperory. If u r poor mentally, it will be permanent!

This post has been edited by AppreciativeMan: Sep 1 2012, 04:54 PM

Just breakfast + lunch for majority fresh grad nowadays should b enough
500 the balance ady not much left, what if I put higher..sure become NEGATIVE

---

Added on September 1, 2012, 5:15 pmActually msia situation still ok if compare to hk jp spore..they need to join father, mother, wife only can get a house

---

Added on September 1, 2012, 5:20 pmAgree with you, poor mentally it will be permanent!

This post has been edited by 37 Exposures: Sep 1 2012, 05:20 PM

why can't forumer complain the price too high and hope gov impose measurement to cure the speculative activity??

since the developer allow to complained openly in the all major media to warn gov not to hike RPGT, all Malaysian have the right to raise their complain either in media or open forum.

what the forumer want is kill the all the speculator, due to them, economic of Malaysia might be in deep shit...

if the market is drive by the actual demand not speculator, the developer won't warn gov not to hike the RPGT. It just too obvious what is driving the market right now.

And due to this fact, TS predicting the property to go down is rationale, not because TS wanted to buy property or invest into property

This post has been edited by Nikmon: Sep 1 2012, 05:27 PM

You are right to a certain extent. Rakyat have the right to complain and highlight their plights.

Government certainly need to take care of the masses welfare.

The problem is, demand for property is still strong, and those affluent group can still afford them. You can't really blame them all. If they not invest in properties, where to invest their money? Stocks? FD? The interest is so low, it makes property investment a logical choice. Especially for long term investment.

Also, the guidelines on financing is already in place. Those ppl that can buy and so call speculate now, it is likely they hv cash for down payment and qualify for loans. But of course, my view is the LTV can be further tightened for 3rd loans onward.

Again, the speculation may not be equally intense in all areas. There are properties still priced below 400k in klang valley. But guess what? Sometimes ppl just look down on these properties, coz ppl want nice house in hot areas like pj and mont kiara etc. And ppl hope that the prices of these areas will come down. It may, but most likely may not and even if it did, it wont be material, coz at any point prices drop a bit, there are eager investors to snap up good location properties, some even can outgun your offer prices, or pay cash.

It is challenging, I know.

This post has been edited by nanoe: Sep 1 2012, 06:11 PM