And what's the average yield of rental nowadays?

4%? 3%?

What happened to all the UUU campers out there ah?

So quiet wan they all nowadays....?

KL has a hinterland. There is still land in cyberjaya, kajang...etc

Singapore doesn't. Neither does HK.

China and Johore does not count as hinterland.

There is a huge difference.

Dude what I meant was in kL you not necessarily live in kl in order to enjoy its economic activities and leisure activities as there is ample land at greater kl that is well connected and easy to drive and travel into. And they are relatively close to each and other

Kl and kajang for example is still within the same country. If you live in kajang and work in kl, you need not present a passport to go into kl to work and vice versa.

Singapore and Johore is 2 different countries. Hence Johor is not Singapore's hinterland. Hence Singapore has very limited land. Likewise for hong kong.

That is why your argument about land in kl as compared to singapore is inaccurate. Kl can rely on land in selangor to grow while Singapore and HK cannot.

Thus your argument for skyrocketing prices for kl is not accurate when you compare it to Singapore.

KL is not meant to be as expensive as Singapore because Singapore has a genuine shortage of land compared to kl.

KL has room to expand into greater kl hence high prices in the city centre is not justified as compared to Singapore.

Of course, if you really know whether now is the peak then you will be rich then....

I recall in 2008 when the US crisis hit. I remember everyone said get ready, house prices gonna crash, we are gonna have a global recession soon, don't buy.

No one anticipated helicopter Ben.

Well, lets just say those who did not bought at 2008, 09 and 10 are laughing at us now.....

Point is, you never know and you can never be certain...

Whoops... I meant those who BOUGHT....

Haha. I remember following CNN business segment and all business newspapers at the time.

It was so exciting. All the economic professors are so kan cheong like the end times are nigh..

I mean, I actually look forward to watch CNN business today to see the Dow Jones fall and the US property burst.

Tell me, how do you know who is the expert and who is making noise then when the experts themselves are screeching like lost chickens?

Point is, man on the street, real estate agent, economic expert, nobody can predict what's going to happen next year.

You may be right that there is a property bubble and it may burst. You could also be dead wrong and prices still goes up.

If anyone knows for sure, he certainly won't be this forum commenting like you.

Is that a bad thing really?

I think there is a genuine demand for props in the market. If the prices deflates a bit, it would encourage more buyers into the market.

Genuine investors with strong holding power should still be buying regardless whether up or down.

Just buy at the fundamentals. I myself bought 2 units this year sub sale at subang because of the location and rental sustainability.

So long as we can sustain it, I treat it as a long time investment that I have no intention to flip.

If you scared you can always put all your cash into FD.

And watch one big loaf of gardenia bread rise from 3.40 to maybe 4 bucks next year.

We non bumis don't have much option to put our money in decent assets here...

I don't know how long to wait before it is the optimum time to enter the market.

Do you?

If you do, please tell me when the bubble will burst.

I would love to know.

The economy's gonna do fine.

Our pockets however....

We will see my friend, we will see...

But then again remember that 90% of Malaysians can't spend much in the first place....

so long china buys our palm oil, the 10% will be okay....

After CNY petrol increase by another 20 cents.....

Everything's relative...

maybe for that class of props at Iskandar region it is considered goodleh...

I mean, not any ahkow ah beng can simply buy multi million props just like that...

Until the HSR is complete, I think singaporeans think that KL is too far....

JB, crime infested it was, is still near to their home base.

If I am singaporean, I will invest in Iskandar.

Likewise I only invest in KV because I know the area and I could manage my investment better.

Aiyah...1mil or 2mil ringgit props are dirt cheap to them mah....

huge condos somemore, not like some bird cage HDB flats that could get for the same bucks back home...

Dunno...maybe the recent umno antics them off leh?