Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Investment MOVE TO COOL OFF PROPERTY INDUSTRY COULD BACKFIRE, None of the Asian countries had success

views
     
SUSAmayaBumibuyer
post Aug 16 2013, 11:35 AM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(twincharger07 @ Aug 12 2013, 01:52 PM)
that is the irony..

SG land is limited, and houses are 5 times higher than their annual salary..

but bolehland, land is abundance.. still houses are 5 times higher than our annual salary..
*
Land is abundance but KV land is limited. I always say these, can buy house in Kelantan, there quite cheap. Have to compare fairly. The question is, do U guys want to live in Kelantan? Actually not a bad place to stay in Kelantan BUT again do you guys want to buy there or should I say invest there? U never know, once the oil royalty in Kelantan resolves, price there spike. Just a thought.


SUSAmayaBumibuyer
post Aug 16 2013, 11:59 AM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(LCL01 @ Aug 16 2013, 11:41 AM)
u have to look at the concerns lah bro, some of them complaint not because they cant own a house, but they cant own a 'decent' house. everyone has their own definition of decent, so u wont fulfill everyone's desire anyway.
*
betul betul betul..true true true. Upin and Ipin would say that.
SUSAmayaBumibuyer
post Sep 5 2013, 02:05 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(robertchoo @ Sep 5 2013, 01:54 PM)
This is bullshit.
Like a bunch of kids complaining and feet stomping coz their couldn't get the toy they want.
The argument that property is expensive is NOT a new one. It has been happening since decades ago.
People will always complain. The question is what are you doing about it?

I can reiterate the fact that property WILL NOT be cheaper or affordable in the future regardless of what the gov does. HK and SG have tried and failed. At best the prices will stagnate for a little while and then when supplies dwindle prices will shoot up again.

Building affordable housing is also not the way. I mean we already have those. Its called low cost housing. You can find plenty of them in rawang and kuala selangor. Pr1ma is just another gimmick for low cost flats which i bet nobody will want judging from the demand of current low cost flats.

Learn to accept the high property prices. Rent if you can't afford to buy. Its not a god given right. If you want a decent property that cost alot then think of ways to increase your earnings capacity. Complaining and blaming the gov won't help. If you can't then maybe you don't deserve to own a home.
*
Told them that so many times already, they dont want to listen but keep complaining, now fuel increase and they still think property price can go down.
SUSAmayaBumibuyer
post Sep 5 2013, 05:20 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(robertchoo @ Sep 5 2013, 04:34 PM)
Its the truth. They should learn to grow up.
During my time people are also complaining that property in bandar utama at launch date somewhere in 1996(?) at rm180k was so expensive because the generation before managed to buy taman tun houses for ~rm60k and that wages cannot support the purchase of houses.

Today its the same arguments only different figures.
Pointless.

And believe me, you don't want the gov to get involve. Firstly because they can't do anything to curb prices like what happened in SG and HK and two, knowing our gov, they will find ways to screw it up. In the end you may pay even more for property prices!

If you want to own one, find ways to increase your earnings. Otherwise just rent. Remember nobody owes u nothing
*
Hahaha..during your time. Good one. Dont have to look far back during your time. Three years ago, end of 2010, people tried to convince me not to buy any property and lucky I did not listen. Now the apartments almost double in price...and look at how jealous the DDD campers are with me and tried to look down on me and tried to to trash talk so hard, but they can't. It's the truth, they should realized they missed the boat.

And footballer if you are reading this, somebdoy offered me 650k apartment yesterday for my ayam condo...hahahaha....life is good. and the offer keeps coming everyday, why cant they just accept, I dont want to sell? But I am happy to receive their call, see how in demand the properties are.

This post has been edited by AmayaBumibuyer: Sep 5 2013, 05:20 PM
SUSAmayaBumibuyer
post Sep 9 2013, 10:53 AM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(AMINT @ Sep 9 2013, 08:31 AM)
Huh? Do u know what u r actually saying? Do u know that salary hasnt moved much but property prices have moved so much that gen Y cant catch up? And the loan period, we only have 35 years, not 40 years now, mind you. Even with 35 years, u think that is good affordability? We have to pay until we are old, liao. Yeah our salary hit rm10k by 30 years old. So what? A rm7k earner also finds it hard to afford normal houses these days. Not like last time. There is this thing called inflation too. Look it up. Remember, it is the gen x that shaped this screwed up malaysia for gen y. Not to mention that gen x inherited most of the lands from previous generation freely and sell and used the money gao2. Gen y got nothing mah. Check la which generation that boasts about having so much of land. Gen x or gen y? Gen x was imho the right generation to make money because they came in just after merdeka and development was quite rapid. Now gen y peeps have to be more creative to get the same wealth. Gen x gets scholarship  easily with stupid results. Gen y no way. Gen x easily gets a job with a degree. Gen y not easy to get a job with just a degree. Just because u r not gen y, dont think that situation is easier for us. I am speaking in general by not considering some exceptional cases.
*
last time RM1 can buy 5 karipaps
Now RM2 only buy 5 karipaps
So RM10k now is RM5k for the prveious generation. Inflation inflation inflation.

And talking about previous generation screw us up, Who the hell agree with the existence of PROTON? Stupid morons! Should have known better. I was a small kid, so I dont know and cant say much. Previously I heard from people good branded cars were quite affordable by Malaysians after Merdeka. Then came PROTON and screw everything up for the new generations. Now good luck for us to buy good reliable cars that is worth the money. Good luck ever for the government to really do what they say and decrease the car price. They talk only, but they wont do it. Stupid previous generation.
SUSAmayaBumibuyer
post Sep 9 2013, 01:55 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(Martinis @ Sep 9 2013, 11:24 AM)
Actually car prices did not go up for the past 10 to 15 years. It used to be very expensive compared to properties. Now, it is quite affordable RELATIVELY. Obviously, still expensive compared to other countries.
*
car prices before the existence of Proton which is more than 20 yrs ago was much cheaper. That was what I am trying to say.
SUSAmayaBumibuyer
post Sep 9 2013, 01:58 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(lucerne @ Sep 9 2013, 01:47 PM)
This was what I have been trying to say from the start when I entered Low Yat forum...I said dont buy a car at all. Buy property first and worry about how you will want to go anywhere later....and can always buy a motorcycle.
SUSAmayaBumibuyer
post Sep 9 2013, 02:26 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(Mikken @ Sep 9 2013, 02:05 PM)
Car is the basic necessity for any youngsters starting to work unless you can rent/buy properties near to LRT and your working place is near to train stations too. Even if you take LRT and rent a room, it can be quite dangerous also as many snatch thief cases happened while walking back to the rented place. In this aspect of ensuring safety and ease of access to public transport, the 50 plus years government had failed us. Kudos for them for building LRT extension and MRT, but it is 10 or 15 years behind schedule really.

Not safe riding a motorbike though. Guys can ride but how many working office ladies ride motor to work?
*
Basic necessity is a home first than a car. Youngsters should get that priority straight. Always have an option of a bike. And everything is dangerous, not just snatch thieves. People can still rob you while you are in the car. Happens a lot lately.

Ok if you want to put ladies into the mix, I will say dont worry it is the husbands job to provide for you a homke. Then ladies buy a car if you want....but then use the LRT better. Anyway a lady fren of mine got robbed while she was in the car. A tip for ladies, if you are a lady driving a big car like a BMW, these robbers will like to target you. Easy prey with a lot of money they will think. True story. Well, just be vigilant.

Oh yeah remember the story of the people who got robbed in the parking lot in shopping complex? Everything is negative if you really want to look at the worst side of things. If you want to look at it that way, everything is bad, nothing is good. Might as well dont live. And dont eat at McDonals, lots of calories, gonna get a heart attack...stuff like that.
SUSAmayaBumibuyer
post Sep 9 2013, 02:58 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
orait orait u guys are on the same side, just different way of talking.
SUSAmayaBumibuyer
post Sep 10 2013, 10:02 AM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(matthewctj @ Sep 10 2013, 09:20 AM)
At 28 & 30, assuming they started work at 20-21. If they are graduates and have been working for 8-10 years, rightfully they should have been able to save the 10% for a modest home.

So, the fact is, people need to buy within their means. But they expect the value of things to match their income instead. So, if they have slow growth in their income, then goods and services should also not grow? That's complete BS. There are always home that will match their income, but they do not want it because they either think it's too small, too far, too ugly, not in posh neighbourhood and all sorts of excuse. I remember in another thread someone posted an old house in Bandar Tun Razak going for less than RM200k not too many months ago. Now, tell me if that is unaffordable. Heck if they want to complain, I have a Low Cost Flat about 720 sqft going for RM110k if they want in Puchong. I'll sell it to them. Cyberjaya pigeon hole 700 sqft going for RM400-500k. So? If it's a home people are looking for, do they want it?

It is now about expectations. I bought a 1400 sgft condo for RM260k in 2005 when I was 31. Now you can't find one like that for sure. So, with the same budget or around 300k, opt for something smaller and maybe slightly further away. There is no price to suit everyone. But there are multiple price ranges to suit diff people with different earning capacity.

I only managed to buy my own home at the age of 32, mind you. That's why some people said, we have to work hard, be stingy and save to buy a home. We did not have it easy as you claim. Now graduates come out only, want smartphone, want nice car and etc. If you must know, they are born into an era of privileges as well where the previous generation has provided a roof over their head, provided for their education, provided for their current needs in a bustling environment where good food and entertainment are everywhere. Back in my 20's, I didn't know what fine dining was except at hotels. But now, all these teenagers are eating in them and they are everywhere. When I was in college 1992/94, I had 2 jobs; weekdays night till midnight after classes and Sat/Sun full day. When I started working full time, I still maintain my week nights job and the Sunday job. 3 jobs. Now Gen Y, tak suka only, quit. Look for job, ask for 4-6k even with only 1-2 years experience. Yes, not all of them, but many of them.

So, stop whining puuhleaseeee .. there are many others who had it even tougher than me.
*
Absolutely spot on to what you say. There are affordable houses out there but these pampered snobbish brats want luxury at a cheap price. And not to forget the DDD campers who dreams that property in Malaysia will crash and hope the worst for the country.

 

Change to:
| Lo-Fi Version
0.0450sec    0.85    6 queries    GZIP Disabled
Time is now: 10th December 2025 - 07:46 AM