Today the star reported.

Deutsche bank said hk home price could drop 50% over 12 months.

Just keep ur eyes on Iskandar. If there is bubble in Malaysia, Iskandar will be the first place to get hit. Anyhow, I don't think bubble will come but only minor price adjustment even in worst case.

Actually by numbers, bubble is already here. Whether it burst or not, your guess is as good as mine. There are just too many conflicting factors. But you are right, Iskandar is more unhealthy than other places, as it depends very very heavily on Singaporeans, which is affected by the new rulings.

Dont blindly believe wat u read, many posters actually from developer or wit vested interest in many poperty forums....dont even trust the local papers...speak to the person on the ground tat r involved in the industry...many expensive newly completed projects difficult to sell...Nadayu at Kajang....Valencia....Msuites by Mah Sing, some bought Rm620k bout 3 yrars ago, now selling Rm680-700k..if u factored in the 30% RPGT, it doesnt look like easy money anymore, taking so much risk buying overpriced poperty just to end up making maybe Rm40-50k after minus everything

^ I believe those buying in those areas got in at the tail's end of the boom. But they're convinced otherwise. Many are still calculating the possible subsale price based on increases in prime locations.

which size are you referring to? thought the original selling price around 800~900psf

Yeah, so many are stucked with higher priced prop now. As for your above case, the saler made in gross profit, but he lost money in net. 50k is not enuf to cover all expenses for 3 yrs.

TS, a developer used your theory in another way. Sry, it is mandarin.

http://www.nanyang.com/node/590257?tid=691

根据一项统计显示，大马的房价，世界排名第99位，但租金却是第9位。
有关统计显示，我国每年投资租金回报率介于5%至6%、土地年收益约4%至6%，普遍高于贷款利率，两者相加，投资回酬达9%至12%，足以以房养贷。
尽管大马的房价自2009年3月全球金融危机在亚洲告终以来，普通上涨40%，然而根据世界银行和联合国人居中心，针对大马每户居民的平均房价与年收入比做出的“房价收入比”显示，马来西亚是4，还是处于合理健康的房价水平。
房价收入比指的是平均房价和平均年收入的对比。以此指标计算，大马是本区域其中最低的，甚至比国民人均所得远较大马低很多的曼谷，马尼拉、雅加达还低。
联合国人居中心过去针对数十个经济发展不同的主要城市研究得出，合理房价的房价收入比应该是介于3至6之间；世行专家则认为4至6之间；也即是说，国际上公认、居民可以承受的住房价格，也即是房价的合理价格水平，应该是相当于3至6年的平均收入。
因此，按此标准，当房价收入比超过5的时候，这个城市的房屋购买力极低；若超过6的话，则被国际公认为属于房地产泡沫区。

Assume KL average income 5K/month aka 60K/annum, so 60K X 6 years = 360 K most if not all the new launching in KL already exceed that amount so it's a Bubble without a doubt. .lol

This post has been edited by jolokia: Jan 9 2014, 08:31 AM

Household income n parents' help with 10-20% downpayment, plus other upgraders who reinvest their profit n foreign investors. All have to be factored in.

Yes for this:

http://www.btimes.com.my/Current_News/BTIM.../#ixzz2pnbL23eT

I agree.

Profit is not there. Better margin in stock market. Actually d gomen did achieve its goal. 'Investors' now no longer competing with first time buyers to buy. I'm happy for the first time home owners ( those who really can afford, and not those who borrow heavily to repay for the rest of their lives! ) .

Brilliant Dubai real estate ad



should have one at Petronas Tower

Ha ha. To me, this confirms the bubble is there. Some people are really desperate/cunning. A+ for their ingenuity!

More or less demand for yr flip property?

" ... borrowing to purchase homes and cars and for household spending”. "

borrowing for household spending - that's sad..

wah.... hkd3mil prop become hkd1.5mil roughly rm630k. good to whack?

today news look like singapore prop cannot tahan liao.

And some genius recently claimed tat old 12 year old cars not safe, want to push for mandatory puspakom inspection anid ELV, i always believe if tis policy implemented will push the housing market to abyss as nobody could afford to buy poperties if gomen force them to take up new loan to buy new " safer" cars (potong)

Thanks for the infor, mind to share where you get this Singapore prop news? Wanted to read more about it.

Cheers

M'sia trade surplus touches 20-month high in Nov
Increase signals pick-up in global demand; bodes well for this year
Published January 09, 2014
By S Jayasankaran in Kuala Lumpur

MALAYSIA'S trade surplus hit a 20-month high in November, signalling a pick-up in global demand.

According to figures released by the Ministry of International Trade and Industry (Miti) yesterday, exports grew 6.7 per cent in November over the previous corresponding period, down from a 9.6 per cent rise in October, and less than the street's estimate of 10.3 per cent.

Despite the slower growth, the leadership is likely to be heartened as it bodes well for economic growth this year. During the last five years of relatively slack external trade, it had been strong domestic demand that had kept the country's growth story alive.

The current recovery is timely as fiscal consolidation - the government's new economic focus - could very well crimp domestic demand. Indeed, Chua Hak Bin, a senior economist at the Bank of America-Merrill Lynch, said in a report yesterday that he expected growth in 2014 to reach an export-led 5 per cent from an estimated 4.6 per cent in 2013.

The lower-than-expected growth was mainly due to a contraction in palm oil exports (-12.2 per cent) and crude petroleum shipments (-8.2 per cent). But a new development was a 76.4 per cent rise in metal exports, primarily copper.

Meanwhile, machinery and appliances (22 per cent), and tech products (14.5 per cent) also grew at a faster pace in November compared to the previous month.

Imports, however, grew a slower 6.4 per cent in November, from 13.9 per cent in October, led by a fall in capital goods (-16.9 per cent). As a result, the trade surplus widened to RM9.7 billion (S$3.75 billion), its highest level since March 2012.

Overall, Malaysia's total trade from January to November rose 3.7 per cent to RM1.247 trillion from RM1.203 trillion in the previous corresponding period. Exports during the period rose 1.4 per cent to RM654 billion while imports expanded over 6 per cent to RM583 billion. Miti said in a statement yesterday that it expected export growth to continue at between 3 and 4 per cent this year.

The first 11 months of the year saw a trade surplus of over RM61 billion. The fairly impressive amount should quell all doubts that the country could once again post a current account deficit on its balance of payments - a phenomenon that last occurred in 1998 and which led to the ringgit free-falling against the US dollar.

The stronger growth and resulting inflation from all-round price hikes this year could see a more hawkish monetary policy. "We expect Bank Negara to stay on hold at this month's meeting, but are pencilling in a 25 basis points hike in the second half of 2014 (to 3.25 per cent) given our expectation of a pick-up in inflation pressures," Mr Chua predicted.

http://www.businesstimes.com.sg/premium/ma...gh-nov-20140109