How do u know prices haven't already started dropping? Even bank valuations on property values have been dropping since early this year.

Nope. Read my earlier posts. I never said the bubble will burst. I have always said that there will be price slumps in some areas while other areas will experience stagnation.

So where's the drop? Show me. If 1 drop and 9 others increase, is that a drop or increase?

500 job cut only...
still got 2800 employees with buying power!

Don't think valuations have dropped but more like unable to keep up with market prices for secondary market. There have been many cases where buyers and sellers agree on price but unable to get the valuation to meet market price resulting in big cash outlay if want to go through with deal. One of the major reasons why secondary market is slow.

Are you referring to actual transactions when u ask about increases and drops? Anybody can put asking prices anywhere but what are the actual transacted prices? Also what increases are u refering to? New launch prices?

Anyway, I mentioned 2014/2015 as the years when we will see drops in some areas and stagnation in others. And I asked you how certain you were that there aren't drops in property prices already since u were so confident of increases.

This post has been edited by cybermaster98: Nov 22 2013, 04:24 PM

Spoon feed type, don't waste ur time, he need to wait till obasan tell him market price drop to accept the reality.

Can't even tell the difference between Bubble & Bubble Burst. ..I rest my case
..zzzzZzzz

Ive been here since 2010 and every year there will be one group claiming property was gonna crash and another group claiming it wouldn't. Nothing new. But the seasoned investors back then continued investing because they knew what the market was in reality.

But today many of these investors are staying on the sidelines waiting and observing because the facts have shown that we are indeed moving out of a bull market and into a slightly bearish market which can get worse depending on many factors which may come to light in 2014.

Anybody who thinks otherwise is either very smart or stupid.

For someone who cannot even explain himself. LOL.

Well lets see, the group who said the bubble will burst and price will drop in the 2009 and 2010 was wrong before.
Lets see whether history repeats itself.

Actual transaction of course.

And I said:-

So where did i say I was very confident of increase?


This is in response to people who claim that prices will crash down and the bubble will burst.

Every dog will have his day. Say it often enough, one day, it will come true. The point is, nobody knows for certain as to the degree if there is a crash or a correction. So no need to convince anyone. Its a good debate and many valid points. It is up to the individual as to how he/she uses these information to make their decisions.

For bubble to form and subsequently burst in a big way, i believe it must be develop in a covert way, where people does not know of its existence and the danger it will bring forth.

Take it if you see your immediate friend got into an accident due to drunk driving, high chances you wont be doing the same on the next night out. We have all experience a similar bubble in US and have seen the impact, thus the bear mostly likely will keep the bull in check with a balance, thus minimizing risk of bubble.

However i do believe an economic crisis that could impact the housing market is around the corner. High impact economic crisis will usually caught us off guard with only a small faction of people that actually notice it but usually fall on deaf ears as its not as mainstream as shadow banking, housing bubble issues etc.

Also 2014 seems bearish for Malaysia, slowdown or default rate might go up who knows. End of day, i still believe collective human emotions plays a bigger role than data haha

Actually, they were right based on fundamentals, just that the seasoned investors knows that the party can still continue for awhile despite the fundamentals not supporting the valuations. Back then the bubble was still inflating.

But now the stage is set for the endgame for the boom-bust cycle.

I don't know how someone can post a story about a student planning to buy a 400k house and look at it as a bullish sign. Any investor worth his salt can see that when stuff like that happens, the nation has a serious issue with subprime borrowers.

That's the peak of the irrational exuberance in the economic cycle. IMHO of course.

Property can only go up can never go down? Lets find out together shall we! Ladies and gentlemans, keep your arms and legs in the vehicle at all times....

"Property only goes up, never goes down ever" mentality?

Often most bubbles are never covert - the signs are there for everyone to see (like US dotcom bubble and 1997 AFC).

It's just that most people refuse to see it. Greed blinds the eyes.

2014 is only a month away

Aiyah, don't frighten folks like that lah Let me tell you a bit of my personal experience. I was in Spore in mid 90s. At that time, property there as booming and my contemporaries there never experienced a downturn in property prices ...ever, since independence. Same sentiments..pty prices will never go down...
I bought a condo in 96 close to peak in the market. Market corrected big time the next year in 1997. My condo dropped 25% and stayed at that level for about 6-7 years. Balls oso dropped lah but I held. Prices came back big time in 2005. Sold end 2005 with profit of 60%. Point I'm trying to make here is that if you have holding power and a medium to long term investor or for own use, properties is the best investment out there.

Maybe, but:

a) You'd have earned even more if you bought at the lowest level in 1997 (25% cheaper).
b) It took you ~9 years to get a return of 60%, or similar to about 5% p.a. compounded, like mutual fund investments but without interest cost.

Also, that's Singapore. Please bear in mind that Malaysian market has much different dynamics compared to Singapore.

There are certain matured, established areas in Malaysia (in this I agree with cybermaster) that will never be too drastically affected. Places like TTDI, Dsara Heights, Bangsar.

How about areas like Sg Long, Rawang, Cyberjaya, Seremban 2, Desa Coalfields? Would they become the next Bkt Beruntung? Even now we can see homes in Cyberjaya (!) approaching the 1mil mark for terraced homes in some projects.

Your guess as good as mine.

+1, the mentality of property price will only go UUU????? think about it, it is not feasible, if the only direction is UUU, then by all means invest in record breaking price cuz it will only go UUU .... 1m also whack la since property price wont drop ma... 2m still whack 3m also whack.. what also whack ... then flip flip flip.


Although I have just bought my first property, i also will shit in my pants if there's a burst. It will be ugly and my decision to invest at this time around might be a detriment and me being a risk averse in the future if market really collapse la. Imagine, going in so young at 23.... how to recover....

However it makes sense to constantly be aware of the economic situations (also consider US EU etc) ya la some might say malaysia boleh ma but heck you can never predict the future....


If I can think like that.... I dont see why others cant think this way.... (no pun intended)...

I agree with you. Location is key. Get somewhere like Ipoh, even boom period will not go up. Mind you, when I let go, just that year alone, the price went up > 100%. If I continue to hold today, the pty will be worth much more.

Again, if one is cautious and feels the signs are not right, by all means hold back. Frankly one can never catch bottom or the top. On the other hand, our currency is also losing its value over time.
On your point of UUU, I will content that this is the case over the medium and long term ie 5 years or more provided of course location is good. All the more so if one were to stay there in which case it may be 10 years or more.
By the way, I'm not a developer, just a humble investor who has had the benefit of witnessing a couple of major pty corrections in Spore and Msia over the years.