Buy property for own stay... there are still many people who can just barely afford and had not owned any real property. Let them buy to stay as they had to do so.

We have to be mindful that Malaysian rental yields are dropping and I would say that target market in the future is mostly yielding between 1-3% only. I know not many old timer investor could accept such low yield.

when people used to buy more, they will never think too much or worry too much, scared this and scared that! 30 years loan la....! interest rate increase la...! jobless la....!
i think those can't afford can consider kajang, seminyih or bangi, or maybe bukit beruntung, like one of the forumer bought one in kajang with only 3xx K recently.

What else can we argue in such a forum? It's definitely only buy or not buy only......

If yield in Msia is moving towards 1-3%..... Investors will sooner or later starts to accept it.... And most likely the interest rate will goes down even lower.....
Good time to refinance prop......

This post has been edited by AppreciativeMan: Jul 17 2013, 07:14 PM

Depends really... for now, I think the interest rate is heading upwards to control inflation and also a regional trend. Ringgit is depreciating against the USD after Fed's comments. Notty Fed.

Property market is just one part of the economy, not too essential for the politicians as of now. I believe there are many other important issues too, and I guess policymakers as well as BNM are just monitoring closely for now (and I think the best decision is to remain at status quo).

accetera, imo even if it's -10 it's still worth it.. Afterall you are still collecting and someone is still helping you to finance your property.

As a person working in a bank, i can assure you that this is not true.

And rooney, all zombie movies the zombies multiply, hence what i meant these are not assumptions, they really happened in a zombie movie.

This post has been edited by AmayaBumibuyer: Jul 17 2013, 08:21 PM

robust growth this year? hahaha

do you have any ideal what BNM inject last 5 months to stabilize the market for your robust ideal? if you know as you claim meeting with economist, isn't it contradict to your robust claim? or you have no ideal what BNM really doing recently?

i will tell you if you ask.

Oh...he only read what he like to read.

The one he don't like... skip.

His knowledge on econ ....OMG !

This post has been edited by tikaram: Jul 17 2013, 09:42 PM

highly recommend to read the World War Z, a totally different stories and very good and excited! you will learn how to kill a zombie in detail, i.e. at what distance or how to slash your weapon... when to use fireawarm and what season to kill ......

There is a difference in monetary and fiscal policies there.

As far as macroeconomy is concerned, the Corporates and Banks expect Malaysia to report a relatively robust average 5% in GDP. This is to justify the momentum going forward with the ETP Plans and Iskandar Malaysia and also the Economic Corridors we have. (btw the construction sector growth of between 18% to 25% y-o-y, is averagingly able to offset all the declines in other sectors, if any would to happen)

A very simple fact finder is: (1) our Q1 FDI is amongst the highest we ever got in the first quarter of a year (2) automobile sales is expected to hit another record (3) healthy growth in loans (4) stock market is high (5) liquidity is high (6) construction is the prime mover of the economy now (7) big retailers being the prime mover of retail sales are performing relatively well.

I'm an economic student, by the way.

Btw, according to latest infographics from ASEAN finance, Malaysia has surpassed US$300 billion economy (GDP nominal). If momentum goes well, we could achieve a leap in GDP per capita this year.

This post has been edited by accetera: Jul 17 2013, 09:46 PM

suggest you to print your own comment and magnate to your fridge until 1st Jan 2014.

Don't worry about that... it is part of my job anyway. (if anything would to happen, it will be beyond Jan 2014, coz we are already halfway there)

At the end of the day, it all comes down whether how much confidence you have in the Malaysian economy (cut the politics away). As a Malaysian, and as a DAP supporter, I still think our country is heading towards the right direction now that DAP has a bigger voice.

It is also interesting to note that Malaysia will become a 30 millionth population country very soon. (Our population has crossed 29.6 million in the latest data from Statistics Department)

This post has been edited by accetera: Jul 17 2013, 09:55 PM

you better have a good explanation why the 10 yrs MGS yield reach above 3.8% (happened just today) while claim we have high liquidity? how it is possible??

Very simple... our Government is raising money, more bonds, more bonds etc, to fund the you-know infrastructure plan.

I think DanaInfra has a news today in the media.

What I mean by high liquidity is the money supply in the market. The banks are flush with cash and deposits... and the customers are buying more investment products with cash. There was a slight mention in this recently at BNM press conference.

Wonder with all these population they don't need a house to live in. I think i have touched these before on my previous previous post. Of course they do. And is the supply enough? And what does the law of supply and demand in economics again?. Now you guys still want to wait to own a home? New graduates are being churned out from universities and will hunt for a house. Really, still want to wait and hope for the property price to crash? Good luck.

when we brought this up some genius came up with the idea 1 house can fit 5 person. they are not aware that now days all mid 20's are already aggressively looking for property. Not everyone origins from KV.

omg!

you really have no ideal...

this is impt...

ad, what was the mgs yield last week, last month, last year? tq.




30mil popn... 23 mil regulars + 5mil indons-banglas-myanmaris in peninsula, 2 mil in sabah sarwak.

wow, tens of millions of houses and condo to sell!

The question is more about AFFORDABILITY. Nationwide, we have a housing shortage in the non-luxury segment (btw even medium cost can now be considered as "Kondominium Mewah" according to OSC). In a layman comment, I think the shortage is partly the fault of Federal and State Government in implementing social housing for all these years.

To put in perspective, the shortage is largely the lower-end segment. I don't see any shortage in the upper end but developers told me that the mid-class society can be "upgraders", meaning to say, the richer ones move one notch up, the next level move the next level... and eventually, the lower level will move to the existing low-end properties that we have. (sounds like they upgraded from flats to condo? but most old condo will become flats as years go by)

So the market cannot be seen as only the joinees and investors... as they are many people who upgrade (or downgrade). This movement is enough to cause certain hotspots to boom.

+The latest estimation is 29.796 million as per population clock, however, this is computed based on our Fertility Rate... which over the 12 month will be reconciled with the numbers of Jabatan Pendaftaran Negara with small margin of errors. http://www.statistics.gov.my/portal/index.php?lang=en

This post has been edited by accetera: Jul 17 2013, 10:15 PM