Well said. +1mil

600,000 Y for 3 sqm
600,000 Y for 32 sq ft
18,587 Y psf
RM 580 psf

Hmmm.... how many properties here already hit the price?... especially those developed in no-man's land...

It is still not a wise choice when u take 9 yrs loan and yet only used the car for 2 years (3 cars in 6 years) but paid for 9 years interest. In fact in many cases people going for 9 years loan is because they simply can't afford higher repayment. Anyway, i won't laugh at those people because it is bad to look down on people.

Sorry but I have to pick on your statement again. Not everyone is trading or investing. Most of them are buying so that they could have a place to call home. What's the % of homes build and freshies coming out from college today? Was it 2:1 or was it just nice for all of us? We have not consider yet some rich uncle/untie who could walk in and buy em by just pointing their magic fingers on the floor plan. Sometimes you have to see to believe... While I'm standing by the side listening to the sales rep about the project.. the fellow beside me would just point and say I want this one, this one, this one... 

The price factor was debated quite sometime ago so I don't see a point to pick on it but as for being clever or not.. I find it amusing.. Do you really need to be clever before you can decide whether you want to buy a place for your own?

Nomos please be specified with your herd mentality. From the way i see it there are only 2 group of ppl. 1 who is realistic struggling to own a property and settle down while the other group on the other hand are still dreaming that the property sector will burst anytime soon. Well i can't expect much from one who will laugh at me who took a 9 year loan for a Forte.    But either way my banking account and property speaks for itself. Not to mention the career path which i took and place me in a much comfortable zone. If tomorrow a recession do happen I'm pretty sure i can last a year or two without much problems but what about you? again the clever used by you refers to to the intelligent group who know how to use their money ain't it from your previous post? What I'm trying to tell you is just that it wasn't about being clever or otherwise but your goal in life had set to a different path as compared to others.

One who put so high hope on PRIMA and another who will laugh at ppl who take 9 year hire purchase loan.    To be honest deep down in my heart, it just show that you guys do not know how to play the game set by the government. Be it from BNM, the bank ruling or even any other investment link available. Continue to think inside the box and hope for the bubble to burst. Let's see where we end. Perhaps our open discussion should be made through a teh tarik session instead of behind the keyboard. I hope those who claim to be cash loaded and waiting for the right time are not ppl who rides kap chai or drive kancil with a mouth full loads of crap.

Again what's so good about PRIMA? Does it have an affordable price tag to begin with? If you have not realize yet.. the props within the region of rm300k were all being jack up partly because of PRIMA and partly ppl are diverting their cash flow from bonds, gold, stock market to property, fixed deposit and most likely the US dollar currency, partly because of the MRT project. From the way i see it the price tag will soon shoot up and match what we see in SINGAPORE.

Of course this could only be applicable in states like Penang, Johor, Selangor.. Cities like KL and KK. Again to those who keeps talking about what happen in the US in year 2007 crisis when they had a 20 - 25% dip in property price correction... Do you see this happening in New York? California? Miami? LA? did the dip happened in those hot spots in 2007?    If you are not sure perhaps get to know someone who did lives in these metropolis/cities and see what will they tell you.