U r right. Buyers can't get loans. But many of these buyers are so called "investors"

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This post has been edited by gspirit01: Jan 3 2014, 11:30 PM

Haha. I am a weirdo here. I dun watch tv.

Mind sharing with me your strategies at this time ? I agree with u that there are still plenty of "investors" out there. But they are not helping in term of price.

Thanks for sharing. It is for usual reading only. That reminds me if u look in the wrong place,u will try to explain complex situation with simplstic answer.

Strategy will mean whether u buy or sold recently. R u holding or going to sell ? Buying mid or high range, and thought ?

If u r for your own stay, there is no issue for u. Looking at the propwall ads that u show, 200k apt will not be hit badly even if there is any crash. For 200 k, the monthly instalment is abt 1000. U will pay roughly abt the same rent as well. When I mention price coming down, I dun mean all ranges. U probably bought recently. Dun worry, not all will be affected equally.

The above is my stand.

I m not a bubble burst person.

I think this forum is a good portal for every one to engage in getting good info. The info may make u make intelligent decision. Everyone has their stands, of course. The most important thing is not to let your stand cloud your minds. Talk with evidence and observation, and not your emotion. In that way, we are will benefit.
Prop market is cyclical. An intelligent decision made previously may turn out to be foolish if dun change.

Evidence shows that they are still very active in the market. Look at the loan application.

Flipper: for existing flipper, it is not too bad as they still enjoy dibs. It is when it is vp, then selling out might not find taker. That is y I said future will be tough for them. For new flipper, if they dun evaluate well the effect of new rules. They will be in bad shape as well.

Investor: most hv stopped buying and waiting to pick up dead chicken

House seeker: we r more like singapore and hk. It is stagnant now or slowly coming down. Of course, it is not all segments and price ranges. For high end, u can nego to get disc even now. For super high end, the developer will sell to u at disc and no downpayment. E.g. Try mahshing cheras lagenda and shah alam semi dees, and many others. But not even for own stay as it is small ghost village, dun mention about investment.

Renter: when vps are issued for the projects starting 2011, u will see. In fact, for high end condo in mk, or damansara, those gui lo renters are in upper hands, ask this and that. Furthermore, rental came under pressure is not from me. Check citi bank prop report for q3 2013.

As in some taiko above said, every segments are different. If u go thru from scratch and do some calculations on instalments, interest, rental, returns, u will come out with some realistic conclusions. In fact, I encourage u to do that to dispute my views. I m very very open as I wish to learn. For me, being wrong and lose face means nothing to me.

Agreed with your observations on many Gen Y. They feel alot more financially secure than gen x. For gen X, they rarely get financial securities from parents, as many parents pun takda. So many gen x ended up saving more and investing more. There is no right and wrong. Many gen Y got parents who hv houses waiting for them.

U will be surprised many so called investors are gen x. I am a number and evidence person. All my views are from certain numbers, calculations, and published evidence.

This post has been edited by gspirit01: Jan 4 2014, 03:29 PM

Cocr = cash on cash return. Showtime has very good explanation on this previously. Learn this, u will understand how flippers make more money than drug dealers during good time.

If one is financially strong, they will buy their own. In that case, subsales or new doesn't make any difference. It is only personal preference.

If u understand how flippers make big money, u will understand they leverage high.

Now, u have come to your senses. U r right, flippers are being restricted now. So, when new flippers vanishing, what happen to the old flipper's high ends ?

And as for investors, there are plenty here. They r waiting to pick up dead chicken.

Care to share how u perceived the healthy interest ?

Commercial launch aside, how do u feel about the mix of prospects for residential? Investors/own stay 50/50 ? Looking at the loan application figures, I suspect that there are quite a lot of investors in the market.

I hv the same view about kl high end condo and landed. For semid and bungalow, i dun see even investors.

Boss, reading your post at night can not sleep lah. Nid to think.

Thanks for sharing.