No discussion can cover all aspects, neither do one simple being can declare his own networth while evaluation is done by 3rd party like bank has its own networth calculation criteria. If you know, why dont u share what is networth to you.

Errr I don't get your logic, you could just sell your property at whatever low price you want whether how high the market prices are.

Imho.. "Greedy Investors" would be defined as " Someone who tries to buy/possess as many properties within or not within their capacity/income not for own use but to make profits out of "flipping" those properties to make high profits for themselves "

We could see a lot of these people when times were better and when the banks had no qualms giving high loans out to buyers. I was suprise young people in their 20 to 30s owning 3 -4 units of condos to themselves and because they have to service these loans, they are harping that their units could be rented out so to cover their loan installments. If the said person were to lose his source of income, he/she would definately be unable to pay for this exisiting housing loans. During those times, as long as you have a proper source of income, you could easily get 95% - 100% loan for those properties.

To be fair, everybody wants to make extra profits, but I would suggest that people buy within their means and not at the limit of their income. What if the market crashes, or you were to lose your job or something happen to you and being so you could not service your loans anymore?

Hardly any gen Y experienced or know about recession, it is waste of time to tell them.

And then he is asking the market to crash so that he has company ?

Quite ridiculous logic.

I know someone who bought a few shop lot in Rawang many years ago went bankrupt, as the shoplot literally growing grass..lol

They say when u are ong / lucky only , birds will come to you. No luck, can't attract 'bird' lah!  Cerita Benar.

now, that is true...

no panic yet. but, can't sell easy.

we'll see by mid 2014 - the infamous year of "tekan rakyat".

question is do u want to buy or sell!

Could'nt agree more. But the same thing when we look back when we were young. Somehow, people these days always forget the idea of "slow and steady wins the race" rather they want quick and easy way out of everything.

When Singapore introduced GST at 3%, the economy slowed.

When U.S went into recession in 2008, Malaysia was spared from economic slow down because U.S is no longer largest trading partner. Without FTA with the U.S,  U.S recovery unlikely will have major positive impact locally.

U.S economy recovery mean interest rate will rise, fair guess is by 3% at least. A large portion of malaysian gomen bond buyers will sell and invest in more profitable return elsewhere and likely will cause tightening in liquidity, RM depreciation and rise in interest rate.

I am hunting for a property that is good value for money.

It must be a landed residential house or bungalow lot in a new promising location that should appreciate in mid to long term. Budget is around 700K to suit my conservative loan repayment plan.

I am still bullish with a long term projection.

It seems like loads of buyers out there all waiting to pick up some "dead chickens"....

Is it also true that if you're ong pigeons will want to live in the eaves of your roof? The Chinese and Indians believe in pigeons. The Chinese say this type of bird know how to tai suay/despise/look people no up LOL. True?

These are not real investors. They are flippers. But I know of very young real investors with 5 or 6 properties already.

It seems like loads of buyers out there all waiting to pick up some "dead chickens"....

DDD is waiting. UUU also waiting. I afraid too many people waiting for dead chicken until cannot find. We need a economic crisis let everyone lose job only then got dead chicken everywhere

The thing about a bubble is that you don't even know you are floating in one, so soothing and gentle is the sensation that you don't want it to end, ever. But it will, someday, and that someday is not that far away given economic events in Malaysia that will adversely impact future consumer spending. For highly geared property speculators, good luck for a not too hard landing in 2015/6.