i dunno but almost everyone is buying property for "investment" ... a sign?

UUU must be busy BBB now ... since everything is/plan to up

Then why is the take up rate only 50% 7 months after the initial launch?

----

must be too cheap lah!

sorry if slow ...

"In anticipation of a shock"

A FEW weeks ago, a friend of mine was having a discussion with a property agent. He wanted to flip his condominimum after taking vacant possession but was told by the agent he will find it difficult to sell his property at the price he wants. She told him it’s a buyers market out there.

He then confided in me that he was paying RM10,000 to service his loan on the property. If he were to sell his unit at the price he wants, the buyer will probably have to pay a higher monthly instalment. Just how many Malaysians can afford to pay for such a property?

full article: http://www.thestar.com.my/Business/Busines...of-a-shock.aspx

I'm most curious, why the average Malaysians die die must own a property instead of comfortable with renting . Renting not a bad option actually. Don't like the place, can simply move out. Can upgrade residence without needing to worry about assessment, rpgt, maintenance fee etc etc... yawn.gif

--------------------------------

when I bought a small low cost flat - ppl want to come to see my "new house"

when i rent a medium cost condo - nobody interested to come ... you tell me why...

I still don't get it. Terus terang why huh? Are you saying Malaysians have pigeon eyes? tongue.gif and we have to put up a show to gain society's approval?

---------------

bro, I also dunno their mentality ... maybe they tot we were poor since need to rent ... but actually the condo rental very low ... some more we pocketed the sales commission when we moved out and intro the condo to a fren to buy it...

those dun wan Gold can give me

"... stricter planning and approval conditions to discourage the over-supply of high end housing and encourage the supply of affordable and low end housing. "

.........

how to make profit?

now contractors smart oledi, they ask for "progressive payment" according to the % completion ... No?

think bubble tak jadilah since BNM keep pressing the brake...

but but ... asking price still increasing ... how?

many old landed in oledi > 1 mil lor...

Malaysians very cash rich one... no dibs ok one ... low bank valuation ok one ... rpgt? just sell higher .. ok one..

meanwhile,

property price is still increasing...

Some info,

sos (chinese): http://www.nanyang.com/node/588525?tid=688

在3月至6月间，贷款申请金额更是直线上扬，数个月都超过200亿令吉；但期间房贷批准率却下滑，今年首季批准率仅达49%。

From March to June, loan application increased, every month exceed 20bil, but approval rate was decreasing, quarter one is merely 49%...

property bubble makes people think they are "rich" therefore they spend on luxury items ... Logical?

i read online news,

in Q2 2013, transaction down but value maintain (meaning price still UUU) ... can shed some lights on it?

" ... borrowing to purchase homes and cars and for household spending”. "

borrowing for household spending - that's sad..

Singapore home prices drop in Q4

Private residential property prices fell for the first time in about two years in the fourth quarter of 2013, while HDB resale flat prices continued to decline for the second consecutive quarter in the last three months of 2013.

sos: http://www.channelnewsasia.com/news/singap...ces/941312.html

Property sector may face stronger headwinds in 2014, say analysts

Some analysts say the property sector, which has benefited from rising home prices and loose monetary policy in recent years, could face stronger headwinds in 2014.

sos: http://www.channelnewsasia.com/news/busine...ace/932304.html

4 reasons why 2014 could be a turbulent year for stakeholders of the Singapore private property market

Reason 1: More new properties are going to flood the market

Reason 2: More resale units can be expected when the 4-year Seller Stamp Duty duration expires

Reasons 3: Owners who overstretched themselves financially will have a hard time securing refinancing

Reasons 4: The pool of potential property buyers has shrunk significantly

sos: http://sg.news.yahoo.com/blogs/property-bl...-002122856.html