The son can also answer another ways..."mun, ... Let wait for price to come down abit ... Just like how Japanese people waiting price drop from 80's to 2011."

or "mun,...do u like it?...need it?...can we afford it?...if yes...yes i will look fir it"

Now. What do u think?

I think tikaram is not the hardcore downdowndown or crashcrashcrash dude. He is against the bullish speculation and flock mentality.
Basically he is doing the property investment the old way. More like a loaded ah pek than ah boy.

A prose for real estate: REAL. Real gain, real excitement, real fun, real dream before meeting the sandman for those who dream too much

Debts is loaded enough like a dark clout before heavy rains

mortgage spread has widening but no none seem to care

Will you care about Charles Mackay?

owning no property is rightly equated to a man who never enter into a lady

most is no fool cause they are smart enough not to review their trueness

isn't old wisdom said, "always the fool is camouflaged with great blessing in the end?"

of course they're no fool but just haven't bought a property yet, how unfair life can become sometime .....

for DDD: probably get too inspired from the youtube videos featuring those pundits rightly predicted before the US collapse and motivated to join the club as a guy who secretly posses a Palantiri in his backyard.

for BBB: making a few buck perhaps millions have over-charged the brain with too much hi juice call adrenalin that need to be released regularly in lowyat like a wet dream

why spare endless energy/time on this never 'add more zero in your bank a/c' attempt but pumping self ego DDD BBB arguments?

As useless as feces but don't be sarcastic! cause the process of getting it out was where the real fun lied!

We are entering into a new territory that won't make either BBB DDD happier.

Stagnation. No more big up or collapse. But a boring waiting like a delayed flight at LCCT.

Upset? Better go to play stock market. Erroneous vix is guaranteed. Yes, 'playing' is a right word. Another ideal place, drive head up to the hill.

Investing is an emotionless boring serious business.

At the far side, developers can finally sign for a breath of relieve clearing their stocks.

The govt is surely far smarter than you though. Proven in 0505, denial-ners get it or not?

Aren't real estate makes the GDP number good and off-set more and more bad number from trades and earnings?

Oh, never underestimate the earning in stamp duty, RPGT, GST from the real estate. That's a solid reason why it's so real.

That's why everybody love the real estate and feel no shame or reserve to declare an association with it that, "I am part of it!"

For doom-sayer hoping to see the market to collapse, be positive as Tony Robbin encourages, eat organic food, exercise and look for the bright side for the day to arrive.

Just a piece of advice: Just make sure you don't chicken out and pretending you're not at home when it knocks your front door.

Afterwords: don't angry with me, blame the whisky....

What about property market in the U.S? Which State, city and district in particular or in general?

This post has been edited by icemanfx: Jun 7 2013, 06:15 AM

Ha ha ha. this one is funny and yet its true. Uncle & Aunty advice always like this.

This logic is true if the property price is going up with little correction (if any).
Who knows one day property market is undergoing major or drastic correction, like in Year 1998.

Who knows the timing of major correction?
Who knows there might be mercedes benz waiting for your turn to board in?

Buy, wait or sell, win or lose, some luck needs to be there...

This post has been edited by Denis: Jun 7 2013, 08:27 AM

Props cycle is lil similar to stocks. There r times when it ll go down the drain. Early buyers with rental and own stayers ll not suffer much. Flippers ll suffer.

Back in 97 98 99, no doubt price drop drastically but cant really get superbly gd deals due to lotsa major big players who hav stronger financial and network grabbing it b4 retail buyers.

Oso banks ll b reluctant to approve loan + many retail buyers like us ll prefer to stay side line to watch for greater down turn rather than entering market due to unforeseen lowest point.

Buying correct props at comfort pricing is important but how true??? Its all depend on individual financial and preference. That y the debate goes on without a full stop.

I remember bot a factory back in 2007 which every1 told me its over valued. But turn out its a bargain today. A 3 fold in purchase price but at least 10 fold in cocr if I were to sell at the recent offered price. Genuine buyers r sril out there. But greed in us ll nvr let go easily unless needed the $$$. Rental is more than sufficient to cover the bank.

In my case its loan at mof 80% for 20 yrs with instalment 14k but rental 20k. After deduction of income tax, I still hav spare $$$ for quit rent and assessment + reserve for refurbishment in future. Yet the rental ll improve overtime.

Again no doubt, if players enter today at the offered price, the rental is not sufficient for my unit unless own use. But reason behind me not selling is bcos stil hav plenty of genuine offer tabled to me. And if I dun need to worry bout installments and value stil there, no point disposing it. Clearing the loan in another 13 yrs with tenants paying it, the future rental ll b my retirement fund.

Cheer

This chart will explain the Japan and usa cycle ....sometime can come down...

First see the USA chart......we use ticket la.

Mr A bought ticket for the "ship" or "the bus" in 2005...come back to 2013... never reach his destination.

If Mr A bought ticket in 2006. The captain / driver lead him to 2012/2013 destination.

If Mr bought the ticket in 2007, 2008, 2009... he bought the wrong ticket because the ticket not going up but coming down

New see the Japan Chart

Mr J bought the ticket in 1992 where ticket price index at the highest 130...

The captain/ bus driver lead Mr J to hollan and until now also not yet come back.

Most likely the captain/ bus driver already jump from my 14th floor condo and leaving son without father and wife without husband.

---------------------------------------------------------------------------------

Conclusion: stop using the ship ticket and the bus ticket to explain property.

No offence.


Attached thumbnail(s)

Judge : " Now you have cause the death of women. Are you guity."

Driver: " Judge. I am not guilty . please don't blame me. please blame the whisky..."

So, my conclusion. There is no obsolute answer. Because...it is all about human behavior... human are complex. Moday =moody. Friday= happy

For me? passion.

Its so funny...when people share they buy cheap stuff then say "Wah why got DDD buying? I don't get it, they should be waiting"...when don't share then say "See where got drop?"...don't know if the purpose of asking is really for an answer hahaha.

Already someone asked he/she explain this... but next month...he will asked the same question...."share buy cheap stuff"

the same with the missing ship again...

that is why please consider adding him/her to ignoring list.

some poeple never come back to here because really be ta han with them and they will said... who and who missing in action. ...syiok syiok among them only

This post has been edited by tikaram: Jun 7 2013, 09:13 AM

nicely done. i think it pretty much sums it all up.

again manu boss, very well said.
one of my longer holding props having the same tenant for more than 6 years. i nvr increase his rent. giving me about 8.5% gross rent per annum based on ori purchase price. translated to current market value, only a paltry 3.2% gross.
recently told me that he's moving out. called my agent and less than a week secured me a new one adjusted to current market rate. immediate jump to 11.5% gross rent over ori price. and still a paltry 4.3% gross over market value.
some people would never understand why wanna invest went yield is so darn low. they wanted immediate results hence discarded timeline consideration.
most cases, holding period of 3-5 years would be sufficient to ride out the low return years, right?
of course good investors would start the ball rolling with higher returns. people like pai, only targetting double digit returns with immediate purchases?

new motto:

you don't do well, yet you don't ask;
you ask, yet you don't listen;
you listen, yet you don't understand;
you understand; yet you don't do;
you do, yet you don't do well.....

Why people buy Malaysian properties by referring to the Japan and amarica housing price charts?

just share ma ... got people demand to share "U still mention USA and japan! You know what happen to their property market or not? Pls check their current status ah boy."

can i asked you one question?

" when people share they buy cheap stuff then say "Wah why got DDD buying? I don't get it, they should be waiting"...when don't share then say "See where got drop?" "


why ah?

This post has been edited by tikaram: Jun 7 2013, 09:50 AM

I see. USA in certain areas are considered cheap only and it's buildings quality unsure.

Japan is still very expensive laaa

Malaysian properties are still cheap in the region

People around me are still looking to buy good properties. Fuze

US market started to picking up, and japan is slowly up after 20 years drop

More people around you wanted to buy or sell?


Identify first one :1) Kh8668

u will come at a point some up up up camp saying this again in V11.
--------------------------------------------------------------------------------------
- Anytime is a good time to buy

- Properties prices will always go up in the long-term

- The market cannot collapse because of demand from foreigners

- Mickey mouse units are the trend of the future

http://sg.finance.yahoo.com/news/property-...-151909308.html
--------------------------------------------------------------------------------------

This post has been edited by tikaram: Jun 7 2013, 10:01 AM

Ya! some down camp are buying, but Cheap??? Are u sure they get it cheap?? That's why I would prefer them to share if they got it cheap, u still don't get it!
Ya! There's one down camp share his purchased recently, RM4xx k but RM650 psf, is 4xx k cheap or 650psf expensive?? You tell me?