I noticed 2 out of the 5 I'm tracking dropped their asking by 10% early this month. Something is brewing in the background... I can feel the fear... LOL!!!!

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

some flippers do think they are invincible.

but having said so, it's even more puzzling to note some DDD actually bought something in recent months.

And forgot to mention the implementation of GST is usually followed by a reduction of personal income tax and corporate tax as seen in many countries which implemented GST. In malaysia, only 10-20% of the population who are rich enough to pay income tax will enjoy the reduction of income tax. And only the bosses who own companies' will enjoy the reduction of corporate tax.

So, the rich may be even better off with GST compare to the poor !

It's worying to be honest.

Najib's TRX is KIV-ing. KLIA2, shamelessly, put on hold until further notice. RAPID is also delaying. Tomorrow, LRT, then KVMRT. And then we are F***ed.

If I may add,(as another outsider to this forum ) buyers are waiting but actually more like priced out..very frustrating but what to do...I ve been looking to buy a place for own stay for some time now..almost a year...but cannot afford..last few years people still can say half a million condo is luxury high end..but within today, its "normal"..but then again i (like many harworking office dwellers  dont see my income matching it...look at those price and the condition/quality of the condo..really feel there is a disconnect.

I think certain condos can go up like on monthly basis..recently i remembered g residence..within few months already 100k increase for 1168sq ft. From my hunts i realise now a lot of joint husband and wives buying...even at such high prices 600-700 k above ...but after this group buyer capability truly depleted?

let's assume i target RM20k/mth for passive income retirement.
assume 3% FD to generate this amount.
RM240k/annum @ 3% FD rate = RM8mil? 

ok. must start buying big sweep more often.

Mod/admin act based on report being made, moderating team always act in good faith that do not want to interfere any topic (even sometimes OT) if any discussion is done in good faith.
Forumers can argue on the issue, disagree on the issue, nothing wrong with it.
But bottom line is not on personal attack.

Sometimes, suspend the topic is for cooling down intention, and clean up the thread.

If forumer keep on persisting on personal attack issue, then the only choice is holiday given by staff/admin.

The topic belongs to all, it is not fair for the topic needs to be thrown out all together/suspend forever just because a few forumers especially to some whom posted constructive posts/comment/view, and contributing a lot to the topic.

Please hit the report button.

Moderating team sometimes cannot follow the topic precisely and may not "knew" who is who in the topic discussion.

Moderating team look at post content being made (that being reported), instead of whom, or whole length of the discussion.

If 800k property loan 720k, tenure 40 years, monthly installment is RM3k. 3k out of 8k is 37.5%, so bank will still approve

Depends on the couple want to buy or not. The bank says they can afford 

I commented in version 10 that everything is looking too rosy with bond yield all time low, equity all time high and property prices all time high, all dirven by liquidty. With the unwinding of liquidty now, MGS yield has steppened, USD to RM today 3.197......next should be equity, which we will see a huge reversal of foreign fund...... Property? if market panic......i think we will see people locking in profits, more selling than buying and price will drop.....coincide witht the oversupply of high rise coming 2014. If i am thinking of buying, i will hold on first.....i think we should see some correction (>10% drop in MV) in 2Q14. Just my thought.....

I think it was a gimmick all along to sell properties because of MRT/LRT.... no offense to those who truely believe in it... I just don't think boleh-land culture, wage class, and mindset is ready for this MRT/ LRT... Most likely, after two years of launch these stations would become crime hot spots... ill maintained and run-down...

'No faith in gov't promises led to fall in FDI confidence'

A lack of confidence in the government's transformation programmes is ‘strongly correlated' to a drastic drop in foreign direct investment (FDI) confidence, said Petaling Jaya Utara MP Tony Pua.

He was referring to a report in The Edge Financial Daily today, quoting the AT Kearney's 2013 FDI Confidence Index report saying that Malaysia's ranking has dropped from 10th last year, to the last position of 25th this year.

This is despite the international consultancy firm saying that emerging markets are still an attractive FDI destination.

"The drastic fall in Malaysia's FDI confidence has to be strongly corelated with a fall in confidence with the government's ability to deliver its transformation promises, which have been in essence, more form than substance," Pua said in a statement today.

Malaysia was previously ranked 21st in the 2010 AT Kearney FDI Confidence Index, before moving up to the 10th ranking last year, and plummeting to the current 25th position.

It fell just behind Indonesia (24th) and Argentina (23rd), while the United States takes the lead, followed by China (2nd) and Brazil (3rd).

According to The Edge, the report ranks countries based on how political, economic and regulatory changes affect FDI, based on a survey of 300 senior executives in major corporations.

It quoted the report saying that the Malaysian economy has boomed due to government infrastructure spending, “solid” lending, and rising consumer demand fuelled by civil servant pay rises and cash handouts.
http://www.malaysiakini.com/news/234141

It is the other round. If Build-Then-Sell concept is implemented, all additional costs like interest and construction risk will be passed on to purchasers by factoring it into selling price.

What I mean is the construction cost fluctuation risk/cost overrun. All these will be factored into initial selling price definitely.

Recent bonds fleets around the world has already squeezed banking sectors inc. Malaysia (lesser extend relatively to country like US, China, Latin America, etc). Thus, you get those side effects like lower loan margin, lower valuation and etc. One house card they (BNM) still holding hard is the interests rate which seen a sharp spike in MGS past 10 days. But for how long?