People will always complain the high price of property. In fact, people never stop complaining about high prices. They all regret ten year later that they did not buy. This story repeats and repeats. Study the history, learn from the history.

For own stay, ability to hold is the key because the value of the house will remain unlock unless you sell the house.

People are getting wiser. Gone is the low share prices during economic meltdown.

No one can predict how is market will be like in 3, 6 , 9 or 12 months.

When market is down, everybody will get hurt. Market will be up and down. So, be wise to ride the tide.

No risk appetite, go FD. With moderate risk appetite, go property, and lastly high risk appetite, go share market.

I know some are holding cash now waiting for market crash, so that they can buy something cheap. Some waited since 2011, 2012, 2013 and now 2014.

People learned from market crash. Government has prepared to prevent the market from crash. And the Government now is wiping out flippers. I was waiting for the repeat AFC, but that did not seem to come.

That's my opinion.

This post has been edited by limch: Nov 22 2013, 06:13 PM

Be cautious to go into luxury property, > 1 mil.
Office space also is a surplus.
If you buy medium cost, chances are you will be alright because the demand for this segment is still strong.

My friend told me you have to look suburb for investment these days. You can't see decent investment opportunity within 20km radius of Greater KL at a good price.

People follow the reputable developers and infrastructure. Setia Alam is a good example. Eco Hill Semenyih is generating lots of buzz.

The government will look at all angles before taking measures. Of course, the government will not make property stand still as the industry is too important. It is one of the barometer of the economy, too many people in the industry.

I once asked an agent how come people can pay RM1k+ rental, why wouldn't they buy property? The reply was a lot of people having difficulties to secure loan.

I think the case is true because their salary can not catch up with the prices of houses. This happened in all the cities in SEA or even major cities in the world. They have no choice to rent houses or stay in suburb and commute daily.

All in all, the government is doing the right thing increasing the minimum price of houses for the foreigners. In some countries, foreigners are forbidden to buy properties.

This post has been edited by limch: Nov 22 2013, 07:19 PM

Leveraging is the name of the game.

Anyone of you know about build then sell in 2015? If this is true, imagine what is the implications. When the supply shrink, you know what will happen....

If BTS 2015 come effective, 2014 will see huge supply.

This post has been edited by limch: Nov 23 2013, 11:02 AM

Joint name application is how they do it. Beware, if default the loan repayment, everybody go into ccris.

These days, you can not afford to have blacklisted in ccris. It will hamper your future chances to get loans. No loan, you are crippled.

No car, no house, no nothing.

Almost all printed media paint a rosy picture of the property outlook. It is therefore, exercise due diligence before buying. No body knows what the future will become.

I had a chat with an architect, it was interesting to know the inside story of construction business. All the talk about petrol price hike and raw material price hike are inmaterial, the biggest cost is the land cost. There is only so much of land but plenty of raw materials suppliers.

All in all, construction is a lucrative business!!!! You want G&G, you want landscaping, you want quality build, you want prime location, the developer will pass on the costs to you.

Nobody will know when is the cheapest to buy, to make money, consider property a long term (5-10 years) investment.

This post has been edited by limch: Dec 9 2013, 10:22 AM