uuu, ddd, fff, negative, positive, neutral...

if u still find yrself on a bed of roses, u r truly invincible!

i hv seen better days.

Global sell-off worsens on 'big flight' from emerging markets
http://www.cnbc.com/id/100974009

First India, then Indonesia... who is next?
http://www.cnbc.com/id/100973499

Bbc said Thailand in trouble again

And dun forget the golden words.

I TOLD U SO!!!

thailand in recession.

high household debt, little room for monetary easing.

sounds familiar? or "v r special, v r different"?

negative or positive, read this if u wish!:
http://www.bloomberg.com/news/2013-08-19/c...ck-to-u-s-.html

This post has been edited by AVFAN: Aug 20 2013, 08:01 PM

Penang property market to contract

GEORGE TOWN: Penang’s property market is expected to contract further by double digits this year, similar to the trend in 2012, according to Raine & Horne Malaysia (Penang) director Michael Geh.

He said that both the value and volume of transactions would contract this year due to stringent bank loan conditions.

In 2012, according to the National Property Information Centre (Napic) report, total transactions of residential properties in Penang fell by 23% to 23,266 from 30,674 in 2011, while the total value of transactions was down 7.5% to RM7bil from RM7.7bil in 2011.

A report from the valuation and property services department (Penang) said the volume of residential property transactions for the first quarter this year declined by 15.7% to 4,200 units from 4,981 units a year earlier. The value of transactions during the period increased by 3.5% to RM1.54bil from RM1.49bil previously, the report said.

“Last year was the first time that there were contractions in both value and volume transactions. This hasn’t happened in the past four years,” Geh said.

Henry Butcher Malaysia (Penang) vice-president Shawn Ong also said the tighter credit conditions would continue to slow residential property transactions in the second half of 2013.

“There is still interest to purchase properties. However, due to the high and unreasonable pricing, property investors are waiting for prices to re-adjust before buying,” he said.

According to the Napic report, there was an existing stock of 367,158 units of residential properties in Penang in the second quarter of 2013, compared with 366,265 units the previous quarter.

Of the 367,158 units, some 40,843 were condominium and apartment units, the report said.

The report said that till the second quarter of 2013, there was an incoming supply of 48,076 units, while there were 45,153 units under construction.

The planned new supply in the second quarter was 46,610 units, the report added.

Geh said the existing stock of residential properties that had been built had increased, compared with a year ago, which meant that the market was spoiled for choices.

“If the incoming supply of properties that have been approved materialised at the same time, there be may be a correction in housing prices.

“Affordability is the key word here. There are many people who are keen to buy properties, but the pricing today falls out of their income range.

“Compounding the problem further is the high rejection rate of housing loans nowadays, which has increased from last year,” Geh added.

In the north-east district, current condominium prices from developers directly hover around RM800 to RM1,200 per sq ft.

“For the secondary market in the district, the prices are around RM500 to RM800 per sq ft.

“As for the south-west district, condominium prices from developers directly range from RM550 to RM900 per sq ft while for the secondary market, they are between RM500 and RM800 per sq ft,” Geh said.

According to Geh, condominium prices directly from developers have increased by about 20%, compared with a year ago in both districts, whereas in the secondary market priceshave increased by over 5%, versus 2012.


http://www.thestar.com.my/Business/Busines...o-contract.aspx


Is this a sign?

Please don't be so negative... As long as we ignore it and remain positive everything will be alright... ... ... Ahahaha!!! Lol!!!

No need to worry. The media all over the world tend to dramatise things to attract readers. One thing I've learned is one tend to make poor investment decisions if one reads too much daily news.

I don't expect another regional or global economic crisis for at least 5 more years.

Besides, Malaysia is special. The local funds got so much money, can prop up the stock and property market if the unexpected happens.

Yes, Malaysia is really special.

Lol..

Really have such person in this forum? Mind declare who is that? Unbelievable!

This post has been edited by CloudAtla$: Aug 20 2013, 09:18 PM

Tats why I say "detailed"
1) Status quo - how?
2) If policy A - then how
3) If policy B - then how
4) If totally unsure wat policy will be imposed, then back to 1
Simple

Oh u don't know. Well i dont want to name names, but u can browse past postings of each of the suspected DDD campers that u think is d most annoying. Hint, they are the ones who tried so hard to make me look bad.

Yes just like i said previously, i predict property in KL will crash if an earthquake happens in KL. If not then shoud stay the same. But then at the same time, although i predict this, i really do not want this to happen. Contrast with other people who really rejoices when bad news hits Malaysia. Why? Because he wants to win so badly.

Mr.tikapalkaram. cakap tak serupa bikin, bikin tak serupa cakap. He said market gonna crash but he bought many that tjme. Then said nadayu/tropicana heights/kajang 2 area bullshit but secretly bought kajang symphony residence which is less than 3min drive away. The project itself utilize nadayu/tropicana heights/kajang 2 as leverage. http://m.mudah.my/view?ca=0_1_s&ad_id=22701829 very very funny this guy. Sudah nyanyok

People who bought gold close to $1,800/oz were supporting gold vigorously, because they had lot to loss should the gold price drop. Likewise for stock, property, unit trust buyers.

The proof of pudding is in the eating, until (any) investment is cashed out, it is too early to count the chicken before it hatch.

i've sold my low cost apartments and concentrate only the higher rental prop. found troublesome to collect rental less than 1k..
but still hold more than 20 prop. so far all tenants bank in their rents into my bank account every month.
most of my prop is at good location (matured areas) so tenancy are not a big problem to me.
i think will sell some resi in future and eventually focus only commercial eg shops , factory (found easier to manage) + some landed
sometime feel a bit sayang to sell those prop which give good stable rental esp those landed prop. (cant get back the same if sold)
many of my prop hv already settled bank loan. (thks to the tenants who help me to pay installment for many years esp when i start invest in prop)

i am not worried if prop price drop tomo as my entry price is low.
in fact i still continue to buy new prop (eg shops) as i still hv many older prop as buffer

i still strongly believe prop price will continue to up in long run and our money will further depreciate due to inflation/ new lifestyle/never ending desires etc
prop (esp freehold landed, shops ) is one of the best tool to preserve as well as increase wealth..
maybe 30 years later we need mil rm (like rupiah) to buy a plate of chicken rice..

Hi TKTT, impressed with your portfolio. Do you mind sharing how you do your tax planning on your rental income ? Always eager to learn from people with many properties. Maybe we can compare notes and save more tax

Wah Very scary..... reality check..... An eye opener.... Tqs for sharing.

And the other DDD supporters supports him only to buy properties, the rest of us he wants us to fail.

Well seriously cant compare gold with property investment. Gold doesnt produce anything just a store of value....and u dont live in gold, u live in a house. My point is gold is an asset that just depreciate ur wealth if u keep in it. Why? Well if u buy like 1million gold, u need to insure it, put in a vault. Hire security guard, well u can say property is the same but with a possible capital appeciation, there is also rental income.

u support what he said? i have finished this peson before. pls clearify, u mean i also said market will crash?... and I also bought that symphony residence?

I hereby would like to challenge you. ( I am using the same ways to finished that Amint)

1) Where I said market will crash?
2) Evident I have bought Symphony Residence

If you can show me 1&2. I will not using tikaram login and the same I expected from you ok?

Pls don't chicken out. U should have bigger ball compare that zuiko and amint. Pls finished me.

This is another lesson how people like you and that amint keep BS in this lowyat. saying this and that just pure BS.

Take the challenge and see who is BS.

This post has been edited by tikaram: Aug 21 2013, 08:21 AM