people don't like to see the word bubble. maybe can change the title a bit ...

IMO,
Bubble already burst
Bubble also happen in certain areas since 2000
Bubble will exist in the future and forever, different area will hv different timing and magnitude of bubble
Btw, how to defind greedy "investor"

Hardly any gen Y experienced or know about recession, it is waste of time to tell them.

now, that is true...

no panic yet. but, can't sell easy.

we'll see by mid 2014 - the infamous year of "tekan rakyat".

question is do u want to buy or sell!

The thing about a bubble is that you don't even know you are floating in one, so soothing and gentle is the sensation that you don't want it to end, ever. But it will, someday, and that someday is not that far away given economic events in Malaysia that will adversely impact future consumer spending. For highly geared property speculators, good luck for a not too hard landing in 2015/6.

There r other ways for govt to claw back e lost tax. Other subsidy cuts will be deeper that's all

They choose to die?

Well majority of young couples in Malaysia also living like them - hand to mouth.

No savings.

Yes they may be living beyond their means - just means this group of population (despite being so-called "cash rich Chinese" according to tat) will be fvcked during any economic slowdown.

So........you think they got holding power to pay their RM4k loan for 6 months if the husband lost his job?

LMAO! 

I don't quite agree.

The "Cash Rich Chinese" concept is mostly BS from Kutusan and other UMNO trash tabloids.


There are rich Chinamen in their 40s, 50s and 60s, yes. But not as many as you think, and many of them are also fully vested in the prop market.

They aren't going to save the Malaysian prop industry if there's a black swan event. No way in hell.

Like it or not, all of us here are a subset of the whole population.  If you believe in statistics, our views here actually do reflect what is the major trend in the market.  What I observed so far:

The usual optimistic investors here are not buying in the near future, and waiting for things to get clearer or dead chickens of at least 15 to 20% discount. 

The pessimistic investors here are expecting prices to come down, or even a crash.  So, they are not buying. 

What I can conclude now is that prop prices now are stagnant, pending for next trend. As nobody is taking any action.    In fact, future is being shaped now by future buyers and sellers.  If people are not buying or supporting at this point, won't the collapse of overcommitted flippers trigger a reverse trend ?  For my observation of trading, trading trends are like running train.  When it goes up, nothing can stop it rises.  Only when it runs out of momentum, it stops.  When it comes down, it will run over anyone, anything in its way.

It is simpler to see this in stock market.  Buyers and sellers set their prices.  Only when one crosses over, deal is made.  Flippers are like highly geared speculators.  When they are forced sold, it wipes out all queued buys.  In this case, queued buys (optimistic investors waiting for dead chicken) won't be there unless there is at least 15-20% discount.  All human tries to protect their resources.  When prices do reverse, the instinct is to wait for things to settle down, even now.  Hence, I doubt that when dead chicken is shown, whether there is anyone picking it up.

Does anybody know that losing a lot of money is actually as painful as cutting yourself bleeding ?

http://www.webmd.com/balance/news/20070502...ally-be-painful

In actual fact, if the GDP in a country is growing, someone (bosses and those in senior management) is still making more money.  Just don't be a 9-5 worker stuck at the lower rungs of the corporate ladder.  If prices are raised, the extra money enters whose pockets?

tbh, you guys really uses the touch id often?

haizz guys 2more days to 2014... lets embrace it.. embrace the price hike and bad economy.. right

guys buy properties within your ambit of your ability and affordability.. no matter wat the agent say, auntie say, uncle say, other ppl say, feel it your self.. is the property price sustainable irregardless of which bracket you are earning..

if bought property way beyond your means.. the happy party will be the irresponsible flippers they be laughing you thank you for making me another millionaire at your expense. buy it withing your means.. for now 2014 everyone more busy and curious of what the economy say... how to cope with increase..

for flippers happy hunting and holding... if you can. for those not within this category,, good luck to may the REPOMAN have mercy on you..

Sorry, can't follow. What is REPOMEN? 

the buying mode is useless... u have to see the transaction rate.

i also in buying mode but my loan not approved.

so is it mean the market is good?

Those who is rich and still believe BBB mode please go and ahead and buy more.. stop convincing the youngster to buy your ovetpriced property.. u are just killing them.. you yourself wont buy the landed at 780k.. what makes you tink those ppl below you can afford.. u just like developers just have intentuon to sell off your property invested.. even big boys aka developers apply ABS BRAKE..

If one over stretched to purchase property now worrying about future price has a high risks to default if positive outcome didn't turn up, and could loss what you have and more.

Nothing goes up in a straight line, if any commodity goes up because of speculation or bought on future price will eventually fall back e.g. gold, oil, kv property.

How to collapse our market when everybody is desperately desiring to have their own house here? Different people will have different defination for affordability...the property sector is not going to sink as long as the demand is still there...

Wasnt this always the case? As far as i know, there are about 7 criteria that is used to evaluate a potential applicant which directly influences the loan approval.

Erm. Aren't bank loan suppose to be that way? U know, loaning you money which you could sustain/repay? You mean all along bank simply loan loan loan, as in the case of DIBS? Gulp!

"Bukit kiara properties Tong warns measures to cure speculation will slow down the property market which is not good when increasing the supply of property should be encouraged. The likely scenario is a sharp spike in price once the market rebounds."
As i have said repeatedly, there is a SHORTAGE.

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.

U may try to do the study using the napic report. Should be tough to tell.
I hv been wondering about this for a long time as well.

Side topic, sinchew has a front page in business section on prop today. The house index has come down 5% in 3rd quarter 2013.

If it is really like stock market, the chances of speculate and win might be slim.