Desperate times lah, they will say anything

Reading between the lines, the amaya unit is neither sold nor rented out?

Read both sides and make one's own decision lor.

See, no one will ever admit theyre bull. But their arguments indicate they go in one direction.

To put it in an ironic way, the demographic that enjoys clubbing is likely too poor to live near good clubbing areas whereas those who could afford those areas tend to look for more peaceful districts

I think they go in tandem but one doesnt necessarily cause the other. Like the other reply said its easy credit that makes people 'feel' rich

There is a shortage - of affordable housing. There is an oversupply of high-priced condos. Building more high end condos will not solve the shortage.

Yeah it would be worth something if those flats were fitted with some top end fittings instead of generic stuff

Means only rich ppl buying

^ 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.

As if the house price increase in the last few years was due to inflation hehe

Correct me if im wrong but i think the dibs & rebate thing became "the norm" circa 2009/2010 right? That means the mass of people who could just pass borrowing guidelines, but had few other resources, started jumping into the RE market around then. Of course there was already an active RE flipping/investment market by then, mainly in prime areas, but it was only about 4 years ago that it became everyone's game which then pushed prices in ulu places to match PJ/Damansara levels. Therefore those bandwagon jumpers are only being tested for holding power and capability from around late last year. My unscientific deduction lah i think we should see the real effects from end of this year.

Malaysians who thought they could flip to Singaporeans imo ^

Do u know what 'suckers' really mean? ^

To say flippers allow people to find good units.... Thats gold!! :-D

In 2002 what was the interest rate amd how easy was it to get loans though?

Let him buy from flippers then since they provide good units lol
The market will shake these people up soon.

Good move!^^ (jwrx)

This post has been edited by Wiredx: Jan 12 2014, 01:28 PM

Two fold based on their estimated costs (downpayments, etc) or based on ori selling price?

Ic. Imo these past few years they tend to look at doubling the ori sellng price rather than estimated costs leh