Wah really aa? Then I should buy more. All taikors, go refinance your house. Jualan murah-murahan is coming.Huhu. A good investor can make money regardless of how the market is. That is my point of view. Although how I wish jualan murah is coming, I doubt it will happen. If it does, it will be a christmas gift to all. Being a property investor, you should know that you need good holding power. if no holding power, better play something else.

This post has been edited by AMINT: Aug 31 2012, 07:37 PM

If you ( TS and those who agrees with the prediction) have the magic to make the price drop, please do so. I will be happy coz I can buy more. Gotta get ready more bullets. huhu

If i work in aussie, i will sure find for one. But monitoring from malaysia or anywhere else is troublesome

huhuhu

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Added on September 1, 2012, 10:16 amYa lor, I am in my late 20s and I cant afford RM450k on my own, let alone those RM600k condos

This post has been edited by AMINT: Sep 1 2012, 10:16 AM

Ok, noted. thanks for the advice. I appreciate it. hehe

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

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

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

Yeah like brother love said, the big big shit. Asian economic downturn. This is beyond just prices of houses jatuh. Banks are predicting asian economy to be something like 1997. If it does happen, be ready with your mighty shield holding power as BLR will go crazy.

Yeah, I would also suggest u refinance 1 house and put the money as plan B. If you had to let go a house coz too much to pay every month during economic downturn, it is most likely be as bad as the economy itself. I believe BLR will be increased like depending on how servere the economy is. So it is worth to be prepared. I hope this doesnt happen though. If it does, we will be looking at job retrench, money becomes worthless, stocks not stable etc.

The way i see it, that "shit" goes beyond housings, loans, etc. And yeah there are cash rich people in malaysia. the only way to make sure that house prices stay stagnant or still increasing is to have healthy demand from people regardless of how shitty the economy is. Dunno possible or not

Hehe. If you are holding 2 properties maybe dont need. If you are holding more than 5, probably it is worth bro.

In the event of economic downturn, BLR will be increased tremendously as a remedial solution. I doubt that asian economy will head south but i think better be ready than sorry. banks setup task forces. sounds serious

I am not in the banking industry and I cant guarantee u what will happen but based on my chit chat with the maybank and bank negara staff, all banks are preparing for the worst and it was not like this last year and the year before. I hope nothing happens but if it does, better be prepared bro. A good investor will have a back up plan

Really bro? Sure? I am getting different2 answers from different individuals. Should I prepare too?

so whats the verdict? are we expecting something extraordinary shitty situation next year?

I think probably Pak Nah Jib waiting for end of the world day 21/12/2012 for the election. huhu. If u ask me, if the property is great, it doesnt matter. Just buy because good property is bullish and there will still be demand in the near future. If situation not good, how long will it be? most likely not 10 years. During bad times, it is also harder to get loans.

If KLCC properties go down by 50%, i am surr lots will
snatch including myself. sadly, this is just a dream.

KL is cheaper than Ho Chi Minh

Ho Chi Minh is not an island bro. it is like KL too, the commercial hub while Hanoi is the admin hub like Putrajaya but both are very far apart.