U are right downpayment everyting can be settle.. installment also can join.. for 35 years... just for you to earn that no brainer 100k.. 150k or even 200k.. u really Qin emperor just for the undergroundfrotress( flipped price) u need everyone to join ti satisfied your appetite so dat you invest elsewhere.. I agree those first hand buyers deserve some profit but 200k upon completion.. that is future price 5 years at least or even 10 years.. it definately overpriced.. u got read my setia echo hill post here.. u are behaving like one of them right...

more shocking I shall calculate in precise total payment to bank for a 750k prop in KV at the end the house actually worth 1.5 m..at least when u finish servicing.. a DSL 35 years down the road must be sold at 1.6 million despite old.. thise hold longer 5 years willlock their money servicing loans worth of 3k permonth if accumulated for 5 years without DIBS is 180k which is enough deposit to flip 3 units at least...

Wait them rot.. get their credit situation and press their price.. if not let them bancrupt they sure have other prooerties in hand to cover.. u really hard core holding a lot of units..

Well, I don't know how the economic will turn

But from history, If you look at economic cycle... it is 10 years cycle...
Just look at 1997-1008; 2007-2008; so i guess it will be 2017-2018.

It appears overpriced because the previous paper money you have in the bank has lost its purchasing value and some developers/sellers also do get greedy 

You can wait for prices to crash before buying, but it becomes a probability game.  You may need a house sooner than it crashes.  If it is the other way round, then I congratulate you on your foresight    But based on your (emotional) posts here, I think you are quite keen on getting a lovely house soon.

I've once said 2015.. and i still think we will be hit pretty hard next year if the government still doesn't do anything.

Yes i think 2015 would provide a clear indication of what is to come. But we will see the signs before the end of this year especially with the new property launches. Another indication would be the increase of the BLR rates and the new BLR framework announcement by Bank Negara which is supposed to be in Q1. Already we are seeing numerous businesses raising prices from food to parking rates and many of these increases are quite big up to 30%.

do you think the BLR would sky rocket? or do you think it would go the other way round? I just hope our government could be sensible and help us out.. Singapore home loan interest rate is < 2%..    I'm so sad when all my cousin's were servicing their loan at 1.8% interest rate per annum while I'm servicing a 4.2% interest per annum.. more than double..

do you think the BLR would sky rocket? or do you think it would go the other way round? I just hope our government could be sensible and help us out.. Singapore home loan interest rate is < 2%..    I'm so sad when all my cousin's were servicing their loan at 1.8% interest rate per annum while I'm servicing a 4.2% interest per annum.. more than double..

Malaysian government 10 year bond yield is 4.2%, a big jump from just six months ago. So certainly the current interest rate for housing loan does not make sense, because as a lender, there is no reason to loan to house buyers at the same rate as loaning to Malaysia government (house buyers should pay a higher interest). I am not sure what is the difference in yield in Malaysia historically, but in the US, the gap is 1.0% to 1.5%.

It appears overpriced because the previous paper money you have in the bank has lost its purchasing value and some developers/sellers also do get greedy 

You can wait for prices to crash before buying, but it becomes a probability game.  You may need a house sooner than it crashes.  If it is the other way round, then I congratulate you on your foresight    But based on your (emotional) posts here, I think you are quite keen on getting a lovely house soon.

Interest rate for house loan will definitely go up.

One way to tell is to compare with 10 year government bond yield (which is the interest rate at which the Malaysian government is borrowing money, for 10 year loans). 10 year is suitable for comparison because on average housing loans are settled in roughly 10 years (the loan tenure may be 30 years or whatever, but on average it will be settled earlier as the house is sold etc).

Malaysian government 10 year bond yield is 4.2%, a big jump from just six months ago. So certainly the current interest rate for housing loan does not make sense, because as a lender, there is no reason to loan to house buyers at the same rate as loaning to Malaysia government (house buyers should pay a higher interest). I am not sure what is the difference in yield in Malaysia historically, but in the US, the gap is 1.0% to 1.5%.

By the way, one big factor driving up the interest is of course the plan to reduce and eventually eliminate the QE in the US.

Malaysia gov 10 year bond yield
http://www.tradingeconomics.com/charts/mal...101&d2=20141231

US gov 10 year bond yield
http://www.marketwatch.com/investing/bond/10_year/charts

Interest rate for house loan will definitely go up.

One way to tell is to compare with 10 year government bond yield (which is the interest rate at which the Malaysian government is borrowing money, for 10 year loans). 10 year is suitable for comparison because on average housing loans are settled in roughly 10 years (the loan tenure may be 30 years or whatever, but on average it will be settled earlier as the house is sold etc).

Malaysian government 10 year bond yield is 4.2%, a big jump from just six months ago. So certainly the current interest rate for housing loan does not make sense, because as a lender there is no reason to loan to house buyers at the same rate as loaning to Malaysia government (house buyers should be pay a higher interest). I am not sure what is the difference in yield in Malaysia historically, but in the US, the gap is 1.0% to 1.5%.

By the way, one big factor driving up the interest is of course the plan to reduce and eventually eliminate the QE in the US.

Malaysia gov 10 year bond yield
http://www.tradingeconomics.com/charts/mal...101&d2=20141231

US gov 10 year bond yield
http://www.marketwatch.com/investing/bond/10_year/charts

It appears overpriced because the previous paper money you have in the bank has lost its purchasing value and some developers/sellers also do get greedy 

You can wait for prices to crash before buying, but it becomes a probability game.  You may need a house sooner than it crashes.  If it is the other way round, then I congratulate you on your foresight    But based on your (emotional) posts here, I think you are quite keen on getting a lovely house soon.

Im expecting the BLR to go up by at least 25 basis points this year up to a max 50 basis points (depending on how heated the property market becomes). But i think the first hike of 25 basis points would work in cooling down the property market somewhat which would negate the need for a 2nd hike.

You can always rent if you think prices are likely to drop. There doesn't need to be a crash.

Example:
- 600k house with installment of about 3k (landed), previously selling at 300k
- most probably you can rent this at 1.5k
- in 1 year you spend 18k on rental
- basic calculation, if house price drops by 3% (18/600*100) you will have saved money

However as the saying goes, one in the pocket is better than ten in the wild.

Based on your emotional posts here, I think you are holding quite a few props in a stagnant market with a negative outlook.

Quite hard to flip now eh?