Property bubble mean price of property grow faster than income.

Isn't that relevant ? if you do not like what you read here you can always counter it with fact & your point of view.

I do feel that is happening as well. Y were they made? It is like how hate-rich was created during china communism era, in another form. The word "flipper" is badly hated in this thread.

What will happen when long term investment is invested as if it is short term ?

Hello all just to share a "reality" of Gen Y today so that you can guesstimate our purchasing power and desire to buy.

I am a fresh graduate of local Uni (degree) with 1year++ working exp. Its already 2014 but I am still not able to secure a house. My friends are at the age of 24~27 years old. So far, their trend of lifestyle complied with Gen Y standards. I am lucky/unlucky to be born at KL, live here and landed a job near to my parent home. The unlucky part is that all the house surrounding me already at a bracket that require a 3k++ salary to own.

Back to our trend/thought of owning property, believe me when I said it is not even in our mind to own a property. Some of the "awakened" may start to look for investment properties but majority are aiming for:

1. Cars/Motors > The higher end the better.
2. Fashion sense > The coolest the better
3. Mobile phone
4. Getting married > Age of 25 is an age of desperation for love.
5. Fancy vacation
6. Social status > After achieving above points, we can claimed a somewhat "status" that we are brainwashed to believing it exist.

I am quite active checking FB, major of my news feed is about food, vacation photo, new car, getting married, but no one yet claim to own a house.

But if you think logically, there is no sentiment for our generation to own a house (yet) even after marriage. We are still looking for that "One" job, hence we might go to several places. If we are still singles, living with friends are the best thing that could happen. Do we need to worry about the increase of house price? I think we only cares about what phone will samsung produce to beat Apple. I know I cant generalize all my friends but most of my FB friends are also undergraduate, and sadly our education has not helped much in this matter.

If you want to wait for us, wait 2~3 years, when 1 of us started to own a house. When it become a trend, it will become a nice bubble. Until some of us with salary of 2k++ started to DP for a 300K property.

Just sharing my observation

Sure or not?

I don't think developers will be launching at all next year considering no dibs.....

Probably focusing on clearing old stock....

Hmmm running a biz is being compared to flipping properties. Are you folks businessmen?

Sorry that line of thinking is a bit messed up.

Back to topic, i always said do not compare Malaysia with Singapore as there is limited land there.
But just to share with everyone the situation there since a lot of people in this forum thinks the almighty Singapore house price will never drop.

Private home resale prices fall for 4th month in December:
http://www.channelnewsasia.com/news/busine...ale/952388.html

L.M.F.A.O!!!! 

Confirmed flipper this fellow.

Flipping properties less risky than operating a business?? You must be living in la-la-land!!

Of course, any businessman who is foolish is soon to be bankrupt.

But guess what!

A foolish flipper will soon be joining him!

LOL!!

not sure why is there such comparison in the first place.

anyway he mentioned long long shelf life. he is no longer a flipper now.
he wanted to keep those properties for long term.

I dont think smart singaporean property investors will invest in Malaysia property now. Maybe for those foreigner who follow the herd and buy blindly will invest in Malaysia now.
There's a news in Singapore mentioning that the SGD to RM conversion could reach 2.80 to 3.00 in 5 to 10 years time.
In that news, it also warns Singaporean to reconsider if they plan to invest in Malaysia property.