Many investors are just focusing on the sales of the new launches. Not many are looking at the subsale market where the reality of the property market can be seen.

"real picture" will be good to have. problem is there are lots of half truths and outright lies around us... e.g mr bean dead, airasia just crashed in kuantan...!! even the so called experts prefer to lie to keep their jobs.

me, i think the best is stay on the conservative side. have yr own home to live in, have enuf to see thru the darkest of dark times. being blindly greedy, bbb, prop price never go down doesn't work anymore.

i can only tell you i know of several cases of owners unable to sell at >10% net profit or frantically trying to rent out or just keep quiet, no talk. the rest, you can figure out yourself or buy some agents a drink.

In fact, I hv a relative who is an property agent.  He said, i hv house, I hv customer, but I hv no sales. Either price can't match or customer can't get loan.  After talking to him, I said "wah! Being agent is taugh!" I will pay for his drink any time.

Haha, I saw the word "were"!

I think the customers didn't demand for it. At good times, agents r bz making money with flippers. At bad times, they r not agent anymore.

Likewise when remisiers buy for themselves is at peak of bull run, and these remisiers are newly joined the trade, strong advocates of BBB and UUU.

At that level, i think whether you can flip quick or not quick really depends on luck.

Like winning the lottery.

How many taikors out here can afford to live in a 6.8 mil bungalow anyway?

BBB = buy buy buy
UUU = up up up

r most agents now saying it's a buyer's market now?
wat happened to myprops dirt cheap, sgreans-foreigners will snap them all up??

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Saw this in today's The Star.

I just cannot believe what it says, at 10% of the price 20 years ago! Typo?

Or is the situation really that bad?

Cheerio.

Just curious, do u work as an agent ?

Since many wont choose tis type of prop for investment, guess the competition oso not there at all. So for those who dun mind to pour in the cash and wait for long, usually ll b rewarded handsomely in another way. Of cos the margin gain might best b on par with some flippers flipping 20 units of some small units studio under dibs upon vp. But lower risk for the bungalow holder imho. Cos he can service the loan. Guess if flippers fail in servicing loan upon vp without buyers, doomed liao.

Buy shop factory and land. Beta than any condo. Howeva, if kenot repay loan, dun buy any.

So it comes back to my previous calculations. After vp, it takes +10% to break even after interest, rpgt, fees, etc. if hold for 1 yr. Price not up 10%, not rented = lose money.

All sort of lands r usually gd. Agri land is cheap and if abke to convert into commi or ind title, price ll b sky high. Ind land in some ulu place oso giving gd return. Even bkt tak untung oso make some millionaires for owners tat hold on to it and hav fate to it. Of cos many ll shout tat for the last few yrs all props up. But look at those houses in bkt tak untung if u know wat I mean.

I won't touch for now.

For the % of appre, guess abang edyek should answer u on tis part. Yes they might b time tat u r not able to dispose even after 20 yrs + no passive income as u mentioned. Tats y many earn big bucks in land and oso kantoi if chosen wrong land.

Btw no Q is noob Q. Guess u r experienced investor here. Just maybe diff portfolio. 

These r what I call TOTO stock. It is for fun only. And prody's plan works wonder here.

Foreigner buying makes up to 16% of KL properties transactions in 2012.  Most are from china and japan. Singapore rank no 3. With 1 million cap, anybody think it will come down ?

Government's strategy is to avoid foreigner competing with locals in under 1 million segment. Will they still come ?

Meaning that most transaction, especially condo, will be btw malaysians in 2013. Got buyer ah ?