gaji  14k

take home rm10500
house loan rm2500

food expenses rm1000

other expenses rm1000

house 2 loan rm2000 (under contruction)

saving pm = rm4000

car proton iswara sports turbo = fully paid off

so ok boh?
continue just save rm4k consider ok or not?

back in 97 there was no such property boom in malaysia

now u go anywhere in malaysia, klang valley, jb, penang, u see building activities everywhere

and at night, you look at the flats ... u see only 15% of the apartments got lights on

yes, 15%

which means, more than 80% of the apartments are EMPTY, which means, ppl who bought those apartments are NOT making any money out of their so-called "investment"

it's the same everywhere

in jb, where my businesses are located, you can go to any neighborhood, old and new, and you see "lelong" stickers in front of vacant houses

and even the houses with no "lelong" stickers, you see them vacant, with overgrown grasses 2 feet tall

u know something is not balance already when things like that are happening in every single neighborhood

that's why when the bubble burst in malaysia this time, it gonna be BIG

and only ppl with CASH on hand will benefit

it will be a BUYER'S MARKET when the market crashes

gaji  14k

take home rm10500
house loan rm2500

food expenses rm1000

other expenses rm1000

house 2 loan rm2000 (under contruction)

saving pm = rm4000

car proton iswara sports turbo = fully paid off

so ok boh?
continue just save rm4k consider ok or not?

rm1k is min already ...cannot cut

somemore my wife take out another rm1k too for food

vitamin must buy, susu for anak, seafood once a while
cannot save too much if dont spend some on food n entertaintment

insurance all included at prorated rate

basically after deduct all, can save rm4k pm + 3k ..bonus

saving rm7k per month

There's always been property booms and stagnation in Malaysia.

This one is no different.

Point is, you must know where to buy and how much to pay.

Like all things.

TS, Pm me what job you do ...i also want

this one is

the "stagnation" that you pointed out that happened before happened when the housing supply is still lower than the demand

meaning: there were too few houses for the ppl who want to move from the kampung to the bandar

now? it's different

the supply of houses have been so tremendously increased it is not funny anymore

and right now, there is already an oversupply of houses

which means, when this bubble burst, the drop will be tremendous, because the houses that will be lelong (or fire sale by owners) will be so many, it will be a buyer's market for those with CASH

10k net salary drive saga? 

since you already have invested in property you should then move RM2k/mth into Sinkapo blue chips like DBS.
Open a bank account there for the dividend earn and other needful.

Another option is get another property in Penang Island.

my advise for ts is to buy land in penang

land, not houses

if i dont make this sacrafice last 10 years ago (age that time 25yrs old) and keep changing my car, say that time a vios, i would not have 2 houses now@ or even not even 1... maybe  just a cheap apartment. that time salary also was low... start rm3500 then naik naik naik naik

if 5 yrs ago also i plan change new car, cannot afford the 2nd house also
if now i buy new car, again have to pay installments rm1500 say for honda accord + maintenance all... my monthly saving will go down badly and car price also drop