What happened to all the UUU campers out there ah?

So quiet wan they all nowadays....?

Seems like Mr Chan must hv recently exposed big time in property...now very stressed that it will burst, so need to crack some jokes to release some of the stress

It is all very simple :

those who hv recent years made investment in properties, now worried bubble will burst, so try to say things that bubble theory is non-sense

those who are waiting to buy will of course hope that the bubble will burst soon so can buy cheap

So far bubble has been growing and growing...so those invested keep seeing their property price increasing, while BNM is trying to deflate or at least contain the bubble, but it seems like prices still going up, meaning bubble still growing

When will it burst, you need to prick the bubble..i.e. a trigger event. So what will be the trigger event, frankly nobody knows, but here are some past examples :-

1. some type of financial crisis. weakness in banking system
2. currency crisis
3. some regional conflict..war
4 natural disaster...such as earthquake in Indonesia, where the after shock reached m'sia and caused some condo to have major cracked line...wow if that happens, you will see massive sell off in all condos
5. others...

Maxis recently announced 500 job cut from their 3300 workforce,  Thailand report economy growth slow down to 2.7%, China having slowest economy growth of 7.5%, Indonesia economy expect slow down in 2014 BI up to 7.5%, Hong Kong economy slow down to 2.9%, South Korea economy slowest at 1.6% in 3 years, Japan economy Q3 economy merely growth 0.5%.

U should read beyond local feel good media..lol

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.

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.

Suddenly gone quiet.....

Yep, with the ban on DIBS and RPGT increase, those who bought multiple units for investment purpose will be having a hard time ahead. But of course this does not apply to the super rich ppl
It'll be interesting to see if properties in Penang gets auctioned off...

Hopefully price of landed will stagnant in 2014.
Better still, hopefully it will drop slightly to match bank's value.
Now 9/10 property's SPA price cannot match bank's value

What do you guys think the impact on landed vs condo?
Since ppl normally flip condos as it meant for short term investments, and with scarcity of land, do you think it will affect landed as much?

Correct Malaysia is the only country in the world that which properties would "never ever" faced price drop, all those problems faced by other countries like US, PIGGS, Singapore will never happened here, our country will become developed nation by 2018 & income per capital will double, triple every few years, soon we will overtake Japan, South Korea, Hong Kong, Singapore, Taiwan & become Asia No.1 super power economy.
Our bank negara have so much money that they can compensate every flipper who loss money in properties flipping. 
If those American, Spanish had consult our Bank Negara they would not end up where they r today, because we have secret fomula for indestructible properties market.