Probably millionaires by loan basis. Many acquire new props bcos in fear being left behind and cant afford buy more in future. Nothing wrong if still capable of buying, just dont over commit will do.

Leveraging is the name of the game.

Anyone of you know about build then sell in 2015? If this is true, imagine what is the implications. When the supply shrink, you know what will happen....

If BTS 2015 come effective, 2014 will see huge supply.

This post has been edited by limch: Nov 23 2013, 11:02 AM

Thinking aloud, like to know what is the ownership statistic for flippers, for own stay and for rental in M'sia. How many % of the buyers are flippers? How much is property value transacted by flippers in a year?

Why? Just curious. If the market is dominated by flippers (in number and value), then we are heading for dark cloud ahead.

Cheerio.

Since 2012 report a slow down in property market, i no longer able to see 2013 statistic, currently market r running in hearsay & rumours mode, 1 ,2 good sales will determine the entire market mode, i think 8 better go down to pasar & ask auntie/uncle either its a buy, sell or hold mode now..lol

If current policy adopted by govt is not clear indication the game is reaching its end then i donno what is, need me to highlight many friends & families of those in the corridor of power is also flipper if not direct or indirect owner of developer firm, surely they would play the same old tune let the market decide as that the part of capitalism like few years back, or take a lukewarm step like what they did in 2012, then again as i said in many occasions let the fire burn eventually fire sales will come..lol

the rate of house price increase, on paper, doesn't really look like a sustainable increase...we're talking about 100% increase in 2-3 years... imagine this trend continue....

BUT...for past 5 or 6 years...until today...that increase still holds true...

an apartment costing about 200k probably 5 or 6 years ago...is being sold at 700k now...that's like more than 200% price increase...

So sorry if i don't answer your question, but i am as curious as you because every time there is someone who can buy and continue to flip and makes the price higher...

i think the statistic of number of flippers are not really important...

what is more important is to know if those who purchase and flip...if they really have the holding power...that is more important data i guess...

Many new projs everywhere if dont compare location, normally (my own opinion) i choose not to blame flippers for taking units before needy buyer for ownstay. If want buy must act fast, and dont complain all sold out and never take initiative to go see and planning ahead what prop you want. Life is not fair, run faster if you hv the stemina else you need to catch up from behind. If fear of price drop or up, can sell now or buy now. Be responsible for your decision and your action will "cost" you either positively or negatively. Else, wait to see you got guts/$ to grab any if price is within your reach.

This post has been edited by tangibee: Nov 23 2013, 12:12 PM

Regardless of the bubble burst boom doom gloom talks, well located property in desirable neighbourhood will always be in demand. Long-term trend for these properties will only go up although inevitably would equally suffer correction if the market crash. Of course holding power is key.

After all, the property game is all about location location location (to me), because i know i can never get it absolutely right about the timing. Of course don't pay ridiculous price, rent to price ratio is always a good sanity check.

Many still think property as stand along business which will not affected by other sectors, what if u got retrench ? what if ur business get into trouble ? do the entire property investors/flipper work in developer co. or building materials supply or real estate agency ?

If your business need cash urgently to roll do u rather borrow ah long & still hold tight to the properties ? or rather entire family drink sky juice rather than dispose off ur properties ?

Sorry to use such "Pasar" language as many simply do not understand as their market knowledge heir from the pasar..lol

When house getting more & more expensive people spending larger & larger portion of their income into paying mortgage loan, so less money spend on travel, recreation, food, entertainment, education, insurance & etc, wouldn't this eventually killed off other business, thus reduced job opportunities ib these area, so when other sectors contribute less $$ how to finance property sector ?

Why do u think Spain got into what there r today ?

Someone mentioned to me in 2008 petrol prices will soon reach RM 10/ltr base on oil price increase at crazy level back then go, I tell the fellow impossible as no way a normal salesman can afford to pay like RM 2-3 k just to pump petrol, indeed the oil crisis was proven to be hoax & drop way below USD 50/barrel & still hovering below USD 100 till today.

Most if not all our developed neighbour country is expecting economy slow down next year, how well can we survive ?

Bro, the frequency of your posting seems that you are desperate to buy cheap properties

Don't worry, your time will come. Many people have been waiting for the crash since 3-4 years ago. So, it won't be long

Apologies for endangering ur little bet...lol

This post has been edited by jolokia: Nov 23 2013, 04:45 PM

If you think carefully how many units are actually launched in Klang valley over the past 2 or 3 years, you will realise that there is actually a serious shortage of condos/landeds to cater for expanding population.

Imagine you just started work few years back and are looking for a decent place to stay, your search is limited to the few condos around the vicinity of where you currently stay. Try it and you will realise there is shortage.

Price has gone up a lot. Yes. Thats in tandem with whats happening in Asian countries. But KL is still cheapest. There is shortage. Imagine a prime freehold in KLCC area only RM1,300psf or in singapore dollars only 500. is that a bubble? what price you want it to drop to? SGD300psf?

Malaysia has another 20 years property bull run. This is just the beginning lah.

Why cant we compare malaysia and singapore? To be specific we are talking about KL city in gneral right? So the heart of KL got a lot of land? Ok lets not talk about KL, how about land in subang? Or shah alam?..

Can always buy cheap in Malaysia. Try bukit beruntong.

Dont talk down on property in Malaysia please. If you want cheap, always can, if you want good place to live then prepare to buy it at premium price.

Miss that old thread

hope for property crash is like hope for earth quake in m'sia...

Haha, I have invested in properties since 1980s/90s. Property prices have to fall by 90% to endanger my little bet

Don't treat property investment as a 1 time battle. It is actually a lifetime war. Those who have the perseverance and ammunition will prevail. Unlike stock market, do look for a longer period in property investment. Broaden your time horizon and you will see property investment differently

I know you are targeting those flippers. Both you and me have no mercy on them. They spoilt the market and when there is a correction, they should pay the price. And we can cash in on them. But you have to be more patient. The time is near

Singapore's land is limited, so it is not a good comparison.
A majority of Malaysians' salaries are stagnant, so there is a limit to the ability of our population to absorb the continuously price increase of property.

To most Malaysians, there is a already a mismatch between what they earn and the high property prices.
There is no point comparing to other countries, as their population has high standard of living + high income, e.g. Hong Kong and Singapore.

There we go again people saying wrong to cmpare malaysia with singapore. Hey everybody here...KL ni besar sangat keeee?

Interesting. Actually, you're not the only one who is saying there is actually a shortage. Perhaps you're right when gauge against demand but not if one were to look at actual occupancy of completed units. That's why its healthy to slow down somewhat.

How many units you have invested?

Finally we have break the 10 years slump cycle...hooray
90% ! Happy Retirement.

How could I not love lyf PT..lol