Yes, since the market is overpriced it will (I believe) correct violently and for a short season properties may be underpriced (a la US housing market in 08 and 09).

Someone who has very little (or no) exposure to trouble, will stand to gain easily 100k from buying at the trough and holding.

MK 10 units are big though.

Agree that it is more "value for money" (LOL as if any property is value for money now) than MK 11 but even in any sort of property market, big condo units are slower to shift. An investor needs to be patient.

Rental for bigger unit also typically lower psf than smaller unit and lower demand (due to high cost they have limited takers, mostly expat, as locals who can afford the monthly rent already bought their own residence) and the cost of furnishing is usually far higher.

Just don't buy house. Rent until the banks collapse due to their own terrible lending standards and then get in cheap.

Don't pay a high price just because banks are reckless.

Agreed with you. Pls rent until the banks collapse. Thank you.

Haha. I think many person waiting will collapsed first after seeing more and more properties are beyond reach before the banks collapse

Then let these ppl start collapsing before the bank.

If the banks collapse as severely as some of you insinuate no one will be spared. Please take note of what has happened in Cyprus. All of your immense cash holdings in your accounts will be receive haircuts if lucky and if the banks go under as so many of you are hoping then your deposits are only insured for up to RM250,000.00. SO what exactly are you hoping for and exactly how much money do you have tucked in your mattress ???

hi, im so sorry to change the subject....but i have a question to ask, lets say if i buy now mentari court at sunway for 150k for investment, what is the price 10 yrs down the road. and lets say if i dont wanna sell it after i purchase it, what is the limit price that can be reach...how far it will go.

What makes you think my money is in Malaysian banks?

I don't think so, if the property price are beyond reach. Who will collapsed first? There are so many property for rent....they can even bargain for a cheaper rent. A very clear point is the auction houses are increasing, do you think the bank won't afraid? Do you think investor aren't afraid? Fundamental will judge the future, good show ahead, stay fun with the game and I will be watching the event.

This post has been edited by Steven83: Jun 3 2013, 07:27 PM

aha...another smart dude . We have our account in other country to hedge against RM value drop

You are smart indeed.
The Ringgit has been strengthening against many currencies in the last 12 months.
So which currency are you holding?
The following currencies have weakened against the Ringgit in the last 6 months.
AUD
SGD
STG
USD
I seriously need your counsel.
Gold also has co me down.
I believe that you are the answer to my financial success.
Advise me!
Unless now you are going to say that you are inequities?

Sorry for being a bit rude but I think that if the market collapses then it's going to be pretty dismal for everyone. I hope we all prosper irregardless.

Smart or not I dunno as far as I know is look for opportunity globally. I can't advice much on your status as I not sure about your strategy. Firstly I already left AUD for quite some time and move to other currency and I work on equities instead of putting the cash in the oversea FD. For gold, you could enter now but don't expect to have much gain as US has over sell the gold. The gold can now maintain its status is because of the demand from asian. I'm not specialize in metal stuff, but I feel that if you have the extra. No harm to hold the gold for 1 year, you should be able to see the gain by next year.... but note that nothing is perfect...even comes to property therefore...look at the news and chart often. And...please be careful with any government policy...they are deadly. If u want to know something from me, as return I will want something from you. Therefore you could pm your advice and info to me, we can share our founding.

anything is possible, and I don't hope to see Msia market collapse. But by looking at China company is moving in Msia job market.....I had bad feelings about this...as even China market already slowing down by looking on the data...China won't be as nice as US or JAP or Germany....looks at their human right policy...and how they treat their own people. They going to do a mess on our land soon....THanks to our so so great government.

Who knows? If anyone have such a crystal ball he would be a billionaire already.

No such thing as a limit, positive or negative.
So far as rental properties go, it could be positive, double in value.
It could be negative, stagnant in value, your rental just covering your interest and unit maintenance costs (yearly taxes, maintenance of things in the unit, paint, cleaning, etc). After a certain period it may have some slight appreciation but after taking off interests costs and opportunity cost you may be at the losing end.

Any where between the two.

For budget prop, lower chance of scenario (2) occurring, and probably not too difficult to find tenants. But managing tenants for low cost is very headache.

good one, but when will reach panic mode, thats the question..

Ask me? Let me predict.... price will sky high to $400k but hardly get buyers coz many foreigners staying..sellers have to sell below mv..maybe sell $200k coz most buyers are investors n want to nego kaw2.... ok end if crystall ball....

No need wait until bank collapse.. if interest rate goes up 1%.. already lots of over leveraged people collapse... then the property prices will come down naturally.

There is a cycle for all investment, property included. No investment will go up forever...

Look at those people saying investing in gold sure win one..now? The collapse in bond is already starting.... signalling higher interest rate to come.

JGB bonds interest went up from 0.3% to 1.2% briefly before BOJ suppressing action brought it down back to 0.85%. Similarly hit is Europe, US and emerging market bonds.

This post has been edited by gark: Jun 4 2013, 01:11 PM

What happen to our belove Dern post? I think i gave +99 and Like... Got missing?

Got deleted again by that BIAS moderator?

Okok...

Like this Dern comment very much.

a coin there's 2 situation.....see this property cycle? the even worst one for Japan....


+99 from me for Dern above comment.


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