DDD ? No lah I see iproperty.com all UUU but the same properties advertised over & over again doesn't look like can sell lah..lol

Actually current senario is HHH

Seller want a higher price,  buyer want a lower price, so both side "Hold".. waiting for either side give in.

DDD ? No lah I see iproperty.com all UUU but the same properties advertised over & over again doesn't look like can sell lah..lol

Actually current senario is HHH

Seller want a higher price,  buyer want a lower price, so both side "Hold".. waiting for either side give in.

The main reason buyer can hold is because of low interest rates. Make it higher and then they'll start selling

DDD ? No lah I see iproperty.com all UUU but the same properties advertised over & over again doesn't look like can sell lah..lol

Actually current senario is HHH

Seller want a higher price,  buyer want a lower price, so both side "Hold".. waiting for either side give in.

I made the prediction in mid-2013 that prices will be down within 18 months - on this forum.

Whether it's big crash or controlled dip (like in Sg or HK) I can't say - that one depends on global economy and also our Malaysian macro economical status.

At that time, many ppl laughed.

Now the same people dare to eat their words and claimed the price will be "stagnant or very slow appreciation" - the same BBBB campers.

LOL

Nonsense. Life is not so simple and its not always a win loss situation. When I sell something at a profit doesn't mean the buyer loses. Similarly when a teacher sets tests doesn't mean its to differentiate who is clever or stupid but to gauge progress. You've ever hear of the saying.." the harder you work, the luckier one gets"? 

LOL......this BBBB and DDDD war still ongoing?? LMAO never ending since I last participated in early 2013.

What I can tell you is:

In 2010 I was BBBB mode, lots of ppl was too.
In 2011 I was still BBBB mode
In 2012 I was STILL BBBB mode but super selective.
In 2013 I am bear (you can check my posting history, I only posted year 2013 onwards regarding props) but got "laughed at" by some "geniuses" in this forum still believing BBBB.
Late 2013 even those same geniuses, while not in DDDD mode, agreed property price is staying stagnant or only tiny increment in 2014-2015. You don't believe me go read forum history.

So everyone now agrees party is over.

Only difference is if now we have a:
a) Big crash
b) Controlled dip
c) Long stagnation
d) Very very slow increase in prop prices

When your BEST scenario is a tiny, steady profit (almost negligible when you consider in assessment rate increase, low rental ROI and probability of BLR increasing) and your most likely scenario is dead money or big loss, and you are still in BBBB mode, all I can say is LOL, good job.

GLTA as usual, and DYODD. ;-)

We can only take advantage if its a slump and not a major crash. Major crashes especially with prolonged periods of recession will result in an economic collapse. When that happens, taking advantage of cheap properties will not be your primary objective. Survival will.

A fair assessment, with very valid points. However, please allow me to point out some facts to support the BBB camp (there's no fun if I agree 100% with you, no?    ).

Cost push inflation due to
1.  GST effective starting 2015
2.  Recent petrol price hike, expected to continue to increase as subsidy is reduced
3.  Increase in sugar price, and other basic food items, again due to reduction in subsidy
4.  Foreseeable weakening of MYR, due to US pulling back its money.

Also, do note the following facts:

1.  Authorities are cautious in implementing draconian measures in curbing property price increase, due to the precedent set by US (the effects of a quick decline in property prices is very evident in the housing bubble)
2.  Growth trumps inflation, in almost all macro economic management.

Any comments? 

Agree, when a major crash happens, our rice bowl is more important than sexy properties dancing in the auction house. Nothing else matters.

What if income rise is slower than inflation and people will have less disposable income?

Isn't this the best time to pick up property?

The main reason buyer can hold is because of low interest rates. Make it higher and then they'll start selling

A fair assessment, with very valid points. However, please allow me to point out some facts to support the BBB camp (there's no fun if I agree 100% with you, no?    ).

Cost push inflation due to
1.  GST effective starting 2015
2.  Recent petrol price hike, expected to continue to increase as subsidy is reduced
3.  Increase in sugar price, and other basic food items, again due to reduction in subsidy
4.  Foreseeable weakening of MYR, due to US pulling back its money.

Also, do note the following facts:

1.  Authorities are cautious in implementing draconian measures in curbing property price increase, due to the precedent set by US (the effects of a quick decline in property prices is very evident in the housing bubble)
2.  Growth trumps inflation, in almost all macro economic management.

Any comments? 

A fair assessment, with very valid points. However, please allow me to point out some facts to support the BBB camp (there's no fun if I agree 100% with you, no?    ).

Cost push inflation due to
1.  GST effective starting 2015
2.  Recent petrol price hike, expected to continue to increase as subsidy is reduced
3.  Increase in sugar price, and other basic food items, again due to reduction in subsidy
4.  Foreseeable weakening of MYR, due to US pulling back its money.

Also, do note the following facts:

1.  Authorities are cautious in implementing draconian measures in curbing property price increase, due to the precedent set by US (the effects of a quick decline in property prices is very evident in the housing bubble)
2.  Growth trumps inflation, in almost all macro economic management.

Any comments? 
Agree, when a major crash happens, our rice bowl is more important than sexy properties dancing in the auction house. Nothing else matters.

its been more than 10years I heard this phrase.....

magic words include, bubble, its coming, soon, future, not a lot of people buying, price too high.

in my opinion, as long as market price is same as the bank value, won't be so easy to burst. imagine whole country property price reduce 5%. country lost how many billion?

gov will surely protect it and dampen it.

I will be back to comment on this topic and my prediction will be stagna and more DDD. Good bargain in the future.

Yes that's true but a simple rise of 50 basis points will not add much pressure on owners to sell. I think the real problem for owners will begin when the BLR hits 8.0%. Most investors with multiple properties wouldn't be able to withstand interest rates at this stage. Even I will be in trouble. But I don't see the BLR increasing beyond 7.1% in 2014.

BNM possible rise of 50 basis points in 2014 is valid only if Fed keep their rate close to 0%. As 0% rate is exceptionally historically low rate; after QE, Fed rate will return to historically norm of 4%.