Thanks for the advice and i understand that. But by not burdening myself with car loans makes me more liberated. And seriously i live at the heart of KL, I am not missing much. I do have fun, and i use the taxi a lot. If i am giving out all this info about myself...some people who is reading the forum might just know who I am. Well..nevermind.

this is the tricky part...

gst, subsidy cut will cause inflation to rise faster, cause people to cut back in spending or both? the argument i find amusing is it will only make prices go up and people will pay... but what if people has no more money left to pay? pay with what?! you still want to sell yr dsl at 1mil? pls...

raw material - another interesting one. palm oil, copper, iron, gold prices are all falling like a rock. are bulding material prices going up or the traders cum politicians sukcing up the margin? will this last?

popn growth - another funny one... import 2mil banglas, give them mykads, you can sell need 1mil houses or condos? there are hundreds of thousands of local grads unemployed or underemployed. ya, keep incr popn, sure can ip prop orices since they will buy anyhow. so clever....

Hi. I am looking to buy an apartment in Putramas, dutamas(Segambut), Jalan Ipoh/ Jalan Kuching area. At present I am renting a fully furnished unit for RM 2000/ month in Royal Domain Sri Putramas 2 (Off jalan Kuching). As my budget is well below RM 500k ( only because of the property market of course!)  and most decent apartments in these areas are costing beyond RM 500K including Sri Putramas 2, I am sort of in a serious dilemma especially after BNM’s announcement of capping the loan term as well as percentage given.

1. Will the property market take a slight dip? I am now seriously          hunting for a buy, therefore should I wait or should I just go for it?
2. I have seen a unit in Putramas 1 yesterday. It is 1100 Sqft and fully furnished(decent furnishing) with renovation as well as with 2 car parks. The owner is asking for RM480K. is it worth paying that price for that property.

I hope someone can give me some clear insights on these. Thanks so much!

Something to ponder about...i am just concerned that i am paying high rent and instead of that just pay that money as monthly installment ( it could be my typical malaysian mentality????)