Good share.
I have a case to share with u.

My neighbour is a multi-millionaire bizman with amble of cash and properties but one thing I knew was that sometimes he did not keep his promises . He and his family believe very much in fenghui this thingy.

He lives in a bangalow, over the years he engaged fenghui masters to look fenghui for his house. The master directed him  to renovate the house according to the good fenghui, some more to change  the main door from 2  doors to one main door, then change the position of the main door from left to right and then from right and left and back to right side several times over the years.

But this action didn't brought fortune to him, one son died in disease. Recently, another son that  lived together with him died on  an accident...

I knew this because I have seen the his fenghui masters doing his jobs for him several times. Maybe this didn't relate to fenghui...

But since some claimed uncles aunties buying (in another thread), I suppose they hav some bot many yrs ago either for own stay or investment. Eg. Many shops in telawi belong to buyers who bot them many yrs ago. Now enjoying healthy rental rate and most likely debt free. Lets assume market now crash and telawi really drop by half the price fr the very peak, do u agree tat tis grp of ppl wont get hurt. 1 thg I'm sure is those financially weak flippers ll definitely get it. Seasoned investors ll not really care too much. Tats my guess onli.

So u oso agree on loc is important? ?? Well some might not think so.

If buy every yr, timing is not tat important anymore. Just like montly standing instruction for unit trust. The return llost likely higher than a 1 off buy.

Icic. Pls share the best tactic to define when is up when is down. I reckon its not as easy as abc. But I'm sure there must b a way. Mind to elaborate? ??

Thanks

Errrrr....... So what's your conclusion??   

This is a millionssssss dollar prediction. That person can be the richest if he can predict Share & Prop movement 

I see so many factory areas in Serdang and more being built. Not familiar with factories but is there so much demand? Or just speculation?

Yeah I guess I am one of the people that he categorized lowly. BTW I am a new member and I am not a property agent.

These people have been proven wrong since the day I heard it in 2010 when I want to buy my first apartment.  Now trying to talk down on people like me.

Hey, did you guys know that we can get tax return on the interest if we bought properties during2009 to 2010? Now no more for properties bought after 2010. Man I really really would have shoot myself if I bought it after 2010. My SNP was dated 23 December 2010. If waited for 10 more days, I would not be eligible already for the tax return. There are other factors to be eligible for this but the main one was to buy the property during 2009 to 2010. I bet you guys dont know this because either you guys have too much properties or bought before 2009 or after 2010. Yup if I listen to these DDD campers, I would be losing twice. I got audited last year for this. I ask LHDN why?? They said the main reason is the house that you claim tax return on the interest in the tax form. Well I brought the SNP and show them the date that I bought the apartment. Maximum you can claim is 10k. That is a lot of savings from the tax I tell you.

So there is still no definite answer..... It's like no answer at all......   

U cant be serious right?

If you're buying when prices are peaked you're essentially locking in the highest commitment (monthly installment payment) for the next 30-35 years. If the market goes south, you've practically loss on equity as the value of your asset declines... (please also bear in mind... your commitment to the bank is still the same). Yes, the value of your house may return to the value that you purchased it in the future. But what does this all ultimately mean? It means that, if you enter at the highest price, your greatest loss is the opportunity that you would have if you entered at a lower price. This opportunity comes in the form of an earlier upgrade to a better house, basically more funds to do other things instead of just paying of installments.

I hope that helps to give you some clarity and especially a different POV to what others here may preach (i.e. anytime is a good time to buy, you need it, you can afford it, you buy)... I don't like paying for over priced items (i.e. priced way above its value) 

3 "ifs" relate the the action of the person... only 1 "if" is in relation to the market... the most important... end of the day you just have to understand both sides of the coin before making your decision... just giving a different POV cos I can see many here always say "anytime is a good time to buy"... which is just one side, and I offer the other.

It doesn't matter how many you picked up yesterday, last year, or in the past 8 - 10 years... .the most important thing is ... NET WEALTH.. no point picking 5 properties and drown in debt... I don't see any sense in that.

Her problem is simple... she's paying too much rent... nothing to do with the buying at 480K... I think someone mentioned the same point earlier.

At least for now.

When you are young you have to option to choose whether to worry or should I use the proper word, PLAN to worry? You can choose to start planning today Or else the other way round is to worry in your old age.  Most likely during that period of time you can do nothing about it.

This is right. So we have the 5% rich and 95% poor. But if u look at the supply and pricing side, maybe 80% is only affordable for the rich.
So it becomes a game of musical chair.. the rich buying among themselves.. looking for the next fool?

Simply put, property prices went up because of credit. Take that away or limit its accessibility and you will see what happens.

You see as car prices rose, so did the hire purchase tenure. My parents laugh at todays generation paying 9 years for a car.

These have little to do with young people earning more.

We have always had high paying professionals in the country. Its nothing new. But theyre not the majority, far from it in fact.

Why old age only worry? you said it yourself. No buy property no worry so when old ady continue to rent? Old living with only your

Newbie in investment WORLD!? Age is the only thing your money can't BUY! the rest of the FIGURES are just numbers!!@ Well i'm not too sure about you but at this point of life i really do not need to worry that much about dollar and cent. 

Well i have another side of the story of my life as well. I pretty much don't spend on clubbing, cigarettes, liquor or any other social activity or crap which doesnt benefit me.. I dont buy expensive cloths and in fact my baju in my wardrobe are nearlly all bought by my girlfriend. Yes some working shirt i have is as old as 2 years or more.. My working pants as well i can't recall when was the last time i bought it. None of the clothing which I'm wearing were bought without sales.   

The only thing i spend is on food and gadgets. The rest all went to savings, insurance, and some funds.. I'm pretty sure everyone can do it, it's whether they want or not... My 1st job is only about RM2.7k nett monthly and i still recall how sucky it was renting only a room at that time. Staying with strangers.

like i said previously.
My strategy currently is to keep rental as low as possible and keep cash as high as I can. When the property bursts i might need the cash for high deposit payment as when the time comes, definitely it's goin to be hard to take a loan to buy those cheap properties