I am sure that there are plenty of below 30s executive level are yet to get their own house or property and there are more possibility that they will try to buy now or by 2014-15 before the property prices goes higher, if.

Or else, they would need to settle longer years for rental and potentially the rental is on sudden increased after 2-3 years later due to not much of them willing to buy high price prop and majority able to hold the prices goes longer.

I always in " slightly above conservative mode" and " be prepared " mood but I dont think I am in the range of bullish mood lehh.

Executives are tend to buy houses one day, it is just a matter of when, next year, 2015 or 2016 or grow longer. But the biggest issue would be how stricten and how lenient is BNM by 2014 or 2015 or as far as 2016, where we wouldn't know.

Huh? Foreigners can't sell their house?

According to my friends, gen y n z have poorer english skils, hence difficult to secure employment in malaysia.....

Dun know how true it is.

well done all Gen Y

Nowadays you don't need a lot of money for downpayment. Developer giving so much rebates. Just get fa-ma to become co-borrower and you hava a wide array of choices to choose from. EPF can withdraw account 2 somemore so there's really no excuse. But if you wanna argue that you can't even afford the monthly installment, then I suppose you're probably not even in a position to think about getting a home. Just work and save for a while longer.. my 2 cents.

wao... such a huge gap between earlier Gen Y and late Gen Y... LOL!!

yeah a 36 yrs old (1977) telling a 19 yrs old (1994) teen "whassup homey? shove your 5 into these tights yo! we r all good u & i. v r comrades the g to the e to the n to the Y yo! peace"
lol.

u made me laugh like mad in my office!!!

Possible. I noticed this during interviews. And those who have better english proficiency also command higher pay, at least in my line.

lol bro, i bought the car and my gf after 1 year+ still keep mengamuk kat me
actually im not looking the car as chics magnet, but more towards the self-satisfaction when driving it.
anyway, im still looking for some affordable property, perhaps should go for those pigeon hole

I'm Gen Y version 2.0 (means >1987 onwards).

I'm Gen Y version 2.0

End 2012 bought a RM180k landed single story house for my family to stay. Recently just bought another RM370k studio for investment. Hoping to get more next year, but due to the recent budget and 70%, maybe will turn to commercial title (soho etc) which can loan 85%.

Cheers

Made some money from my condo sale few months back this year, still waiting for money to come in (>200K) & early this year already bought a DSL house for own stay. If I come across something I like, I may buy one high rise next year for investment & I'm a GEN Y 1.0

Interesting thread. Am Gen-Y (Version 2.0 according to accetera ).

Bought my first apartment this year for investment (rental). Planning to get another for next year but currently undecided. If I get another apartment/condo for investment which I could afford, then I will have problem getting my own home (because i could only borrow 70% for my 3rd home).

Currently the houses I am looking at for my own stay is in the region of about 500K. Can't afford that yet as a single purchaser. Any Gen-Y girls willing to share the burden with me?

Im a Gen Y 1.0.. Always thought i think like a Gen X though. Bought a dsl in usj in 2008. Appreciated more than 150%. Then co-bought a luxury condo in 2010 and just flipped it this year. Co-bought another condo in 2012. Due completion in 2015.. Thinking of settling my first home loan first.. Thinks that the property market will be stagnant for few years, better save money to buy from motivated desperate property sellers!!

GEN Y = Most of them are spenders luxury lifestyle. GEN x = Most of them living in modest but pocket very tebal.

From my observation: clever gen y make money with shitload of debt. They r not scared to take a hell load of good debt. Dont really bother about settling debt but rather think about renting out and selling after a certain years. Gen x a bit conservative. Dont like debt so much. Always wanna try settle debt cepat2.

Not many Gen Y got cash or the awareness to invest either in property or other instruments. The one in this forum are the rare species. See LYN forum Fast and Furious....teeming with gen Y talking about buying cars...cars...and more cars.

I admid I'm not a clever gen Y cos all my prop I want to settle in less than 5 years. I'm not a risk taker because just too scared I cannot control and over commit.