you planning to buy the land cash? if bubble burst, then banks will be stricter to loaning money to a depreciating collateral. with high number of NPLs during the 97 recession, house prices was cheap.. but it was quite pointless since nobody can get a loan.

when u expect bubble burst? can happen in penang? so many rich ppl

Other expenses RM1000? got so little or not?

iswara is a good car, especially the one with the magma engine

continue to use that car

penang is not a big place, u dun need to drive very far, so u dun need to buy something like "hybrid" or something in order to cut down on fuel cost

my work car is already 17 year old, and it is the oldest car in my business parking lot, and yes, the boss (that's me) drive the oldest and cheapest car in the company

almost the same with my fren.. 11k gaji. own a saga aeroback only. have 2 house right now. planing to get another one.

better invest for house than a car.

u are overeating.

u makan apa 1k per month?

overeating? it is also considered budget spending

only think drive this iswara is neighbous no respect...see u as sampah. since they drive benz, bmw, passat, vios, crv n so on

Property bubble in Malaysia? What weed you smoking mate?

a lot of ppl are "rich" in exterior only

they drive big and fancy cars but they are debt ridden

u are very much like me, prefer to be practical rather than showing off, so, to many others, we are not rich

when the bubble come, so many of those "rich ppl" will get squeeze, and when they got squeeze, they need to dump the properties that are bleeding them dry

that's the time to go in for a kill

u need to be patience in this kind of game, jgn terburu-buru

foo lye cheung, your salary 14k ?

property bubble is actually an illusion created by property speculator

i like it when more and more ppl are saying the things you say

when the majority of ppl think that something won't happen, that something *WILL* happen

when everyone and their great-great-grandmother think that the stock market gonna jump up, all will withdraw cash from bank and start buying stocks

and what will happen next ?

market crashes

it happens ***ALL THE TIME***

same with property market

the more ppl say "malaysia property bubble will never happen" the closer the bubble is

owh u sure kenal fantasy1989 la?

post pay slip

invest la bro.makin more money

if/when bubble burst, you will only benefit if you do not need a bank loan

otherwise burst or no burst is still same. when got bubble, easy to get bank loan

when bubble burst, banks won't give out loans due to high NPLs

bubble burst usually coincides with recession. during recession, buying cheap house is the last on your priority list

i'm not saying it won't happen, but if you just have to strategize accordingly to benefit if and when it happens

afraid to invest anymore since i am tied with 2 property loans @ rm4500 pm

better keep high cash flow a bit to reduce any worry

14k is more than 25% below /ktard average salary.

true story. everyone here is 20k avg.

who cares what others think ?

i drive my old car, see polis road block also no scare --- polis look at my old car always wave me off one --- thinking this guy with old car poorfag, no way to get kopi duit from him, so off he goes

and every time i see the same polis stop ppl driving bmw, benz, and all kinds of fancy new cars in the same road block

padan muka la ...

as long as my pocket got money

as long as my bank account got money

as long as my businesses are making profit, who cares what others are looking at me, and my good old car ?