The ones with least exposure to banks, developers and property.

Fair comments... however, purchasing power is more a result of the competitiveness of the country in terms of resource utilisation rather than property prices. Too much corruption, lack of transparency, leakages as well as other factors leading to an unfriendly business environment is reducing the RM's purchasing power... The higher the property prices in Malaysia doesn't mean that you're purchasing power is increasing, it just makes it worst for the locals... for all you know currency exchange may out perform increase in property prices... property prices increase 50% but RM currency drops 80% its still cheaper for foreigners to buy. The Euro zone is already a fine example of this... countries that wannabe great have failed because they just aren't competitive enough to join the big boys.

Kiasu land's currency is larger because for every RM invested there, the returns are higher than in Boleh land... funds are not left idle and people are not lazing around.

Ofcourse there are also other factors, livability, pollution, safety, cleanliness, transport systems etc, etc... unfortunately Bolehland loses out on every front... therefore my conclusion is the prices in Bolehland are at a delusional high and the only way is down??? That's my take la, obviously anything can happen, the govt suddenly cleans up the whole nation in 1 months time... (not impossible) and we really start competing on a global stage.

not really the type of answers i'm trying to look for.

it's true that someone who have least exposure to banks, developers and property may suffer less compared to others who are more vested in those.
but is there any industries or profession which actually benefits correspondingly with direct property downturn?

eg.... when a prop drops 100k, does someone stands to pocket a % of that 100k through other means?

There are industries that profit from downturns... but in regards to your example of the 100K loss?.. no because in the first place this 100K was not added value in the first place but resulting from speculation. If 100K was added to the value in terms of renovations and this was the loss when sold during downturn then the purchaser has made that renovation (i.e. it cost him nothing). However, he would have to consider the total package value as certain price components that went into the property in non value added and paying for non-value added components is what adds to the uncompetitiveness of the nation.

Very interesting question too... this would also mean that any subsequent market transaction that is below the last market transaction would mean that anything above this is consider non-value added pricing (why pay more when one can buy it cheaper)... well once this happens the spiral starts.

Hope that answers your question.

This post has been edited by Rooney1985: May 31 2013, 04:46 PM

humour me along rooney boss for i think you do have some economic flair.

i believe a vast % contributing to our rise in property prices is because of our poor performing currency exchange.
while pricing could be high, what's stopping it to go higher IF our currency performs worse?

on the other hand, if strong economy kicks in, cost of doing businesses might actually go down with better transparency and less corruption.
this in return lowers cost of production including cost of construction.
but this would not translate to lower property prices still as with better economy, i believe consumer would spend more too.
but i do believe they would spend wiser.

can i sum it that poor currency, property price rise in tandem and citizens suffer.
good economy, property price rises in tandem and ties in with citizens' affordability?

This post has been edited by kochin: May 31 2013, 04:50 PM

True to a certain extent that increased property prices are due to currency exchange, but we also have to consider where these resources that go into building are coming from? locally? or imported? if imported by all means factor that into the price.. if locally... well something must be wrong somewhere that the prices are so high (corruption maybe... again not competitive)

If economy together with currency strengthens then well all should be rosy as long as this economic and currency strength is a resulting from competitive advantages... if not then again its just delusional...

I see no reason to disagree with your conclusion... maybe, for good economy, property will rise in terms of foreign currencies... but will remain affordable for citizens... again due to exchange rate (purchasing power).

The ones with lot of cash money, not the young poor guy without any property and money

Please invest in me. zuiko407 I heard you are from this type.

u or z is young and poor... or with lots of cash? which ones?

I just wonder... those ppl that think its going to be bubble soon owns any property?
If yes, why you still owning it?

Im one with properties but little cash only... scary

aiyo AVFAN bro, I very poor one...now looking for investor with cash flow to invest in me

I want....but no enough cash....so I holding cash lo...

You do have a crazy idea to achieve this, don't you? Kind of like short selling eh?

I dont have the cash....

Are you serious on this? But why are you still looking at Tropicana Metro Park, One Amerin Residency@Balakong and CloudTree @ Cheras. You also bought 2 bijis C180, 2 bijis Empire Damansara and 2 bijis JadeHill. You really got 2bijis. Salute.

P/s : all this you bought for friends?
https://forum.lowyat.net/index.php?showtopi...&#entry60744128

This post has been edited by worgen: Jun 1 2013, 07:58 AM

in fact, a lot of places you go will have many empty units....

hhmmm, you're very funny. you do realize in a coin there's 2 situation, yet you say you are only interested to know opportunity instead of losses, when both are actually related side by side. your replies is a bit stupid, no offence. the moment you admitted it wont benefit you anyway, i think it's very obvious you arent a investor or whatever that the people here claim they are.

but you are right on 1 thing, the property some are ridicilous.

Does anyone have any thoughts of MK11 in Mont Kiara? Is it a good buy at 700psf? I know that Kenny Heights is coming up in front of it and will block most of the good views but....it is a pretty nice place, stupid private lift foyer though

For own stay ...why not?