Local property is not the only investment venue available to those with high income.

Guess you also know where and how much she bought.

The tipping point won't be supply>demand but most flippers couldn't afford to pay loan installment.

Agree..

The current trend is everyone seems to be buying Vege or shares.

These auntie and uncle forgot, they need to service loan not like shares, you buy and keep also ok..


Crazee...

These auntie and uncle only think of price will go up and up, and didn't expect their future buyers are buying now instead of subsell in a few years time.

What is there to stop those who qualify to buy at subsell in a few years to buy now?


This post has been edited by icemanfx: Aug 10 2013, 12:22 AM

aiyo future buyer how to afford now?
no worry there's plenty of future buyer

Landed in KV now start from 700k, feels like 600k is last year's price.
Just a standard 20x70 DSL, nothing special..

So a buyer could afford to buy at 700k this year but was not qualify to buy at 600k last year?

This post has been edited by icemanfx: Aug 10 2013, 02:40 AM

Not the only venue, but it is one of the venue, and if you are at high income range, u probably bought at least one property.

And not just look at malaysians who have high income, there are millions of foreigners that have high income and foreigners are buying local properties too. Singaporeans buying, china buying..ok these people i agree to put more restrictions on them.

Yes you are right.
I refer to flippers, who buy and wait for someone to sell to, and hoping someone can rent from them immediately after VP with bare units and can cover installment hehe

Seriously unless I love the place so much, I don't mind pay a bit extra to own the place for subsale, otherwise why should I buy subsale if installment cannot cover rental?
Property gain is another factor but I hardly see at highrise where everywhere is mushrooming now. I just cant understand the mentalogy of people who BBB regardless where it is, who is the targeted own stayer and how much is the current rental atm.

Of coz those who has cash on hand will win, and win big.
So folks, save hard and earn more while u wait for VP from developers ya

If the economy is as bad as speculated i think it's wiser for us to keep our cash and wait for stock exchange to go all time low.. mark a nice target and gamble from there.

Yes still want to see more doomsday prophecy posts from the Die Die Die fellas.

In the meantime, Burn Baby Burn!

bro, what's the stock which relates to nestle? Chui sui with my buddy he actually asked me how much i made... Told him the figure and to my suprise it's about the same to the earnings he made but the thing is that.. the initial investment he placed in was quite high as compared to me. 10% dp and legal fee's only. got 0 knowledge with stocks.. perhaps time to spend some time reading... need buka account with OSK and this and that? really blur.

Nestle too expensive for me. So never analyze that part much. I focused on penny stocks but now my position is zero. See what other news that will affect. Nowadays, i look for political signals. Kind of sad that the election petitions were all strucked out. Then UMNO election is coming soon, if najib get ousted what will happen to cimb do you think? Well still survive but u never know price might affect slightly or maybe huge.

And then of course budget coming soon. Good luck on your stock purchase.

At the top quarter of bull run, it make more sense to sell to keep cash.

You forgot to add Bangladeshi, Indon, Thai, Pakistani, Iranian, Arabs, Russians, Burmese, etc

One need not limited to KLSE, there are NY, London, HK, SIN, China, etc.

This post has been edited by icemanfx: Aug 10 2013, 11:31 AM

I can't even master the business news and political news in malaysia what not other countries. Don't want to get myself burn.

Thanks for explaining to a noob like me what BBB is. I did think that it meant BUY BUY BUY but just needed confirmation.

So .... does UUU means Upsell Upsell Upsell? Then DDD means Downsell Downsell Downsell?

he say he bought at rm35.. so cheap or not? political change will also impact the property value actually.

Ringgit value dipping now, will this encourage more and more foreigners snap up our properties? especially singapok ppl?

Why only singaporean? what about indon, bangladeshi, iranian, arabs, chinese, russian, burmese, japanese, korean, etc?