Yes. USD changed to RM last 2 week was RM3.05 but now RM3.15. huhu. good for those who earn outside of malaysia but I wanna know what is currently going on? Anybody can help to explain? Some of my friends said that the RM will be devalued even further to rm3.3 like that very soon vs USD

In my opinion, the more devalued the RM, the more foreigners would be interested to buy especially Singaporeans. Our exchange rate is quite bullshit now. I am happy since I earn some parts in USD but I am worried what will happen to my country situation especially we know that we are having huge debt.

Stretch is fine if one has plan B, C, D ,E to service loan... if no plan, i would suggest to buy at own affordability standard.

I am not an economist but just saying based on what I think is logic. I believe property prices wont be affected negatively until 2016-2017. why? We have such stimulus like the Economic Tranformation Plan. One of the things is the new MRT phase 1,2,3 and lrt#2,3.

We have employed many foreigners professional and non-professionals to work and actually from the data I have, rental in certain parts of kl is been increasing steadily. well this maybe an artificial effect since it is supported by the projects of the ETP.

I believe since these projects are ongoing, property prices would not be affected as not just foreigners coming but Malaysians are also buying near MRT and LRT. Until around 2016-2017, in which the next GE is around the corner and MRT#1 and LRT#2 almost completed or functional (dunno), then maybe we could see some negative effect. that time MRT#2,#3 and others ETP is still unknown of their status. If BN loses, then we could see something else in the initial stage.


If you ask me, we are in the correct timing to buy near these new MRT, LRT. When all phases completed, I believe price wont be as per current price anymore. bad news for buyer then. This is a chance of a lifetime. one should look into this opportunity just like those early buyers before 2008.

This post has been edited by AMINT: Jun 20 2013, 12:17 PM

Why bro? After mrt and lrt completed, those houses nearby will surely appreciate, right? I consider that as a chance of a lifetime to buy at current price

My rule is simple. Less than 1km i considered near. So far not many have this criteria. So those within 1km will have some demand in them.

This post has been edited by AMINT: Jun 20 2013, 10:41 PM

Guys, i am not an agent la. Hehe. Just an investor.

When things like this happen, gold supporters went hiding la. Kekeke. Debtisreallymoney

This post has been edited by AMINT: Jun 21 2013, 11:41 PM

Property bro. How about u?

Bro, ur situation is really different with mine. My colleagues are buying non stop. Average at 3 houses. 90% are non-home owners? Really that bad aaa?

Hmm. Not a good habit. When i started working, 2 things i wanted were an audi a4 and a landed house. I bought an old audi a4 b5 1996 (this was in 2006) and a landed house in puchong. With a lousy salary back then and those 2 commitments and dating with my gf, didnt even have money to eat during working days. But luckily i did what i did. Susah2 dahulu, senang2 kemudian.

This post has been edited by AMINT: Jun 22 2013, 12:27 AM

Oic. 24-26 is still young.I am sure more will be buying when they reach late 20s or early 30s. I just reached 30 years old while my colleagues and subordinates are 30-37 years old.

Hahah. Then no need to worry liao. can buy scirocco or golf gti

Ya lor. I see mostly uuu camp still saying the same thing and not changing their thoughts. But ddd camp only a few left and others are not consistent anymore.

I can see that people are less sceptical as compared to before the election period.

Hmmm. I see many people take lrt. When i just started working, even my boss took lrt. He made a lot of money. Parked his bmw at lrt station and took lrt coz it was easy for him to commute rather than being stucked in a jam. Different people different preference i guess.

Of course, dear. His destination was klcc. Anyway many people work all over the place. What one should do now is to study the mrt stops and buy where u think is suitable. Try checking circle line for instance. The stations are on interesting places.

100% with u bro

I think we r fortunate since many countries have gone through what we r going through now. So u can actually study the other countries. Properties near mrt, lrt are good. Come on. How can anybody deny this?

+1 ya lor. How can car expenses = same as lrt? Regular service + roadtax+ installment +insurance+ tyres+ petrol +toll+ parking. For sure cannot be cheaper or same as lrt. Really doesnt make sense. Unless kereta sorong