agreed

change to proton saga sv

super velocity
super value
super virgin

lye cheung, why don't you rent out the house which you are not staying?

lol... It won't ever happen. Even if does, it will short "fall" rather than a massive burst.

The reality is, expanding population, more youths are going out to work, government controlled banks, property market dominated by crony companies and etc... You think they will allow a bubble?

Why do you think the loan tenureship has been expanding? From 15 years, to 20 years, to 25 years, to 30 years and now 40 years. If they ever feel its going to burst, they will push it to 50 years. They have a strong grip over the whole thing.

Don't compare the stock market with property market. They don't operate in the same manner. Everyone goes into property market seeing a house can be both a necessity and an investment, while the stock market operates in the investment capacity.

what car?

my other coliq same level drive 5 series bmw, another just drive livina, one more drive wira only

other house under construction so cannot rent out

You are saving more than 1/3, you are doing very well

got vacancy for junior IT ?

the thing is, when the bubble burst, ppl are dumping their property like mad

and all the while there are gems that can be picked up very cheap

that's when ppl who got CASH who untung

that is what i am telling ts --- keep the cash handy

sell the 2nd house for a profit (a big profit for ts since his properties are in penang), and then wait

the bubble is coming, i can't tell you the exact date, but i know it's coming

the whole thing is converging --- from the "hot money" pulling out, to the lack of economic activity in malaysia, to the drying of funds from the malaysian government, and so on ... ---

the property bubble of malaysia is a question of when, not if

a 17 year old toyota

at least a toyota

mine is 17 yrs proton

u were not there in california back in 2009

u dunno what u are talking about

i was there, i got to pick up some really nice properties

respect sama u, if i got 14k salary, i will be driving r35 d

but the cheapest model toyota, the one which they only sell in malaysia and indonesia

ahahaha, u know which model already, right ?

Buying props depends on the price you buy and the location.

Good location will retain its value, regardless of ups and down market.

Take Subang Jaya where I stay for example, the during the 97 crisis it went down slightly, now it is very high up.

I seen the prices stagnate, but never collapse.

must always remember car is liability

my classmate is a specialist in adventist earning rm80k per month yet just drives a 2007 camry

those srive new big cars are just the outside... poket kosong, so much worries.. always not enuff money, underwear koyak

assthrow can cut down.
Everything you need is in the screamyx, better yet change to unifi.

How come no insurance?
You or ur spouse die how your kid/family going to live?

KL tu kat California ke setan?

You're comparing a hardcore capitalist nation with a overprotected Malaysia.

insurance all included at prorated rate

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

saving rm7k per month

looks healthy for me, if you got another hundred grands in bank then you should spend another rm2k in property. like you said you wife will cover another part

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