So little profit ah??? I sold mine at 700k bought at 350k from a desperate flipper... Lol!!! Buy buy more comeon everyone... Else how would I be able to find people to work hard paying off my dream home... My advice if you can afford buy ... So that I can make easy money and upgrade to my dream home and car... Lol!!!

3. If u are asking on 'middle income with average down camp group' then I'll see still no action from them.
Reason 1: Prop price may be cheaper but they may still need almost the same amt (or could be more) of cash to purchase prop
Eg 500k prop,
90% LTV, cash up front 50k
70% LTV, cash up front 150k
If market has a correction of 30%, bear in mind that bank will give lower valuation preparing for the worst too..
500k - 30% = 350k, bank value will be easily 10-15% different.
If bank value 300k,
90% LTV, cash up front (350k-300k) + (300k x 10%) = 80k
70% LTV, cash up front (350k-300k) + (300k x 30%) = 140k
Reason 2: Fear. When bank gives lower value, greater fear will occur tat price going down further, or what if they lose their job at this time and etc.

up a lil of 500k limit for commi prop? possible to get one in KV with this budget?

There r some at usj. Those below apartments. Even in pandan u can get some same nature of shops. Ampang mewah apartment, not sure thw name but is selling at bout 500k. In kepong, there r many next to previous odeon cinema the current tai thong selling at 600+.

Just need to b familiar to get some like tis. Not a bad deal especially those in usj n subang. Both almost same price can get rental 2800. But usj 1 need some maintenance fee whereas kepong 1 is normal shop.

Wah.......so syiok. I go to JKT for work just one week and 40+ pages of arguing on a new thread.

Congrats to tat on his new house.

Am I disappointed he bought? No, why would I be. I think price is a little high at 600+ psf but to each his own.

Doesn't change my view one bit.

There r some at usj. Those below apartments. Even in pandan u can get some same nature of shops. Ampang mewah apartment, not sure thw name but is selling at bout 500k. In kepong, there r many next to previous odeon cinema the current tai thong selling at 600+.

Just need to b familiar to get some like tis. Not a bad deal especially those in usj n subang. Both almost same price can get rental 2800. But usj 1 need some maintenance fee whereas kepong 1 is normal shop.

gross 280k little profit ah? i  m a desperate seller, thats y. cant earn this much of profit in less thn 3years even fr my 5  figures salary, sure this profit is nothin to u.  really envy u choose to be a footballer earning 200k rupiah per month.

not familiar with commi. keen to know more. those shop below apt u mentioned selling 600+, sound underperformed. what will be the future capital appreciation?  invest in normal shop even slightly outside KV will be a better bet? places like semenyih, nilai or dengkil?

Following The Smart Money In Asia

http://www.forbes.com/sites/jamesgruber/20...-money-in-asia/

THERE are fears that a credit bubble might be emerging in Asia, including in Singapore, given the huge expansion in lending, according to two new reports.

Credit has grown "vigorously" in several economies, noted RBS analyst Sanjay Mathur recently.

The growth has raised concerns that Asia is becoming overly dependent on credit, while the build-up in household leverage in places such as Singapore could start to curb domestic demand, he noted. Leverage refers to the ratio of debt to personal income.

The bank's analysis indicates credit has risen, especially in Hong Kong, Singapore and Thailand. The levels by themselves might not seem daunting, but the pace of growth is worrying, said Mathur. A sharp increase in credit over a short period could weigh on asset quality if these economies suffer interest rate or income shocks, he noted.

In Malaysia, Hong Kong and Singapore, for instance, household debt now exceeds 65 per cent of gross domestic product (GDP). Property forms a large share of household assets, so a drop in real estate prices or a rise in mortgage rates could have serious effects.

"Though banking systems are well-capitalised in these countries and we see no immediate problems, the risk is that a rise in interest rates, a slowdown in household income growth or a drop in property prices could restrain consumption growth," noted Mathur.

Singapore is seen as one of the economies where such a risk could be an issue. Between the first quarter of 2008 and the third quarter of last year, household liabilities here increased from 61 per cent of GDP to 74 per cent. The corresponding increase in household wealth was concentrated almost entirely in property assets, with the share of financial assets remaining stable.

Mathur noted that even though there is no immediate crisis on the cards for the region, vigilance is required.

Credit insurance firm Coface Group noted in a report this week that expansionist monetary policies in emerging economies since the 2008 global financial crisis have generated sustained growth in bank credit, to the point where bubbles are forming.

Failures in prudential controls have also played a part in contributing to these bubbles, it added.

Economies in emerging Asia Malaysia and Thailand and, to a lesser extent, South Korea, China and Taiwan are the most at risk, it said. The Straits Times/ANN

Keeping my cash high. ASB give returns on average 7-9% per annum, while the property price in Malaysia is now stagnant. Not worth buying now..

Whatever is happening to all those Asian savers? Apparently they are turning into big time borrowers.

RBS contends in a note today that in a swathe of Asian countries (they exclude China and South Korea) bank deposits are not keeping pace with credit which has expanded in the past three years by up to 40 percent.

Some of this clearly is down to slowing exports and a greater focus on the domestic consumer.  Credit levels are also rising overall in these economies because of borrowing for big infrastructure projects.  But there are signs too that credit conditions are too loose.

Hong Kong, Singapore and Thailand are the three countries where credit is expanding most rapidly, according to RBS.  And in terms of household indebtedness, ratios in  Hong Kong, Malaysia and Singapore now exceed 65 percent of GDP (that’s not terribly far off US households’ debt-GDP ratios of around 80 percent)

RBS analysts acknowledge that these levels by themselves do not seem daunting. But they warn:

What is however worrying is the pace of credit growth. …The combination of rapid credit disbursals and more importantly, the on-going divergence between credit disbursals and GDP growth implies that the system is becoming more vulnerable to income and interest rate shocks.

The analysts cite the example of Singapore  where household liabilities rose to 74 percent of GDP from 61 percent in the 2008-2012 period.  The corresponding increase in  household wealth was almost entirely concentrated in property, leaving households exposed to a decline in property prices or higher interest rates.

There are other potential consequences too. The rise in borrowing comes at a time when labour productivity across much of Asia is declining (see graphic). This divergence eventually will hit the region’s balance of payments — India, Indonesia and Thailand are already deficit countries while Malaysia’s surplus has fallen sharply.  Second, the rise in credit is impacting banks’ loan-deposit ratios.

Signs are that savings rates are declining while there has also been a shift away from buying financial assets into gold or real estate — low interest rates are an effective deterrent to savers. RBS says:

This diversion…implies that unless deposit growth picks up, the current pace of credit growth can not be sustained. For deposits to rise, deposit rates need to rise and in real terms. The mismatch between lending and deposits also implies monetary tightening has been insufficient.

Relax la, it's okay... Some people make more profit some people make less profit... Don't be frustrated okay? Hmmm can't make 280k in three years with a five figure salary... Sounds like its an entry level five figure salary... Anyway, it's okay relax la, you'll get there someday... Back to the topic... Prices still up, my very very close friend just told me got some people offer him very good prices for one of the properties he holds, so I told him take the highest offered price and slab on 30% more... Lol!!! With that extra he can buy new car... It's like the person that buys it will pay the 5 year car loan for him... Hahaha... So we see la, I'm waiting for his invite we go party in his new FREE car!!! Hahaha... Buy more guys prices only up you don't buy now tomorrow you dream only la... Hehe

Yeahlah, rub it in.

You bumis have it damn easy, no need to think, sweat, risk and do homework and dump all excess to ASB and get above inflation returns while us nons have to crack our heads and worry our hair white and risk investing in order to beat inflation.

Go dai please.