Back to the question, how low do you want it to go before you pick it up again? Most of us in this forum, are not George Soros or Warren Buffett with tons of cash pile waiting to pick up when it's down. When it starts going down, the so called people who wants good deals will also be weary of how low it will go before it can be picked up. There are of course rich people too in here but they are the minority. If it goes down and continues to go down, that only means people are losing jobs and losing homes. Yes, it's a tough and rough cycle for some.

When you say inflated, it is relative. Relatively, a RM500k condo is high to someone earning 3k a month. On the other side of the coin, it is acceptable to someone earning 10k a month. Income needs to go up. People need to be better at what they do. Continuing to pray for goods and services to remain low is illogical. Ideally, it would be nice if the Govt is controlling inflation but we know that's in our dreams only.

I wouldn't mind price remaining stagnant for now. Stagnant means it's stable, people are paying their mortgages/home loans. People are not losing jobs. Investors period is over for now. There are still homes that people can buy if they need a home. Only problem is, people have higher taste than what their budget/income can afford. Then they start crying saying they can't afford a home.

In Malaysia, many high income earners few years ago are now considered middle class citizens. Middle income earners are now low income earners. Low income earners are now at the poverty line when all these are compared to our cost of living. Problem is, people don't want to acknowledge that. I for one acknowledge my purchasing power has dropped since 2013. Currently finding avenue to increase my returns on investments to ensure my lifestyle doesn't drop.

So what is the next best thing, people hope for bubble to pop. Trust me, it ain't a beautiful sight when people lose their jobs. The unfortunate part is, these people are the people who have none or bad financial planning.

wellsaid...

Why can't some one who have earn in last round holding bunch of cash waiting for the right timing ??

Nothing is fall proof if u lived long enough u know what i mean, if oil call crash, gold can crash why not property, just ask anyone few year ago would they believe gold price can fall by this much, i bet the bunch gold investor would ask u to fly kite if you said gold price can crash just a year ago, US property crash, PIGGS property crash, so what make Kangkungland so special crash proof ??

Like koshin the only thing in your mind is someone desperate for a house but can't afford so crying for crash whole day, why not someone loaded waiting for you all to give up either by will or by force & grab it at lower cost later sell it when the market going up, if u used to playing stock u would know the rule of the game, roller coaster market is the most profitable marker rather then up slow up.

Heard of famous chinese proverd "Nai Kei" there is alway oppotunity in every crisis.

Just got a Semi D for 800k Owner need money ...
For safety reason i dont tell the place

is cantonese "ngai kei"....

but not everyone dare to face "ngai kei"....n not everyone can smell the "kei hui"....

In Kapar ? Wow that's expensive

Didn't know people can physically punch you through LYN

Think of it as oranges, probably most of u do not know why sometime oranges r sweet while sometime sour, that because the first & last batch of oranges in a season r alway sour while those in the mid season r sweet.
Same go investment the first batch who go in & the last batch who got out r at the highest risk of losing money.
Always think a step ahead, the big players r always ahead of us, so think ahead, when even obasan come to tell u buy properties mean it time to cabut, like stock market by the time everyone tell u this stock sure go up faster sell it off.

Just watch for market sentiment, do exactly opposite of the mass, they buy u sell; they sell u buy. .got it

No time no see bro.

Boss vely subjective for item 1. There r ppl with cash in hand especially those holding few millions eg. 2.5mil for example has been be throwing bad news but went thru back door and ll do the same to grab more props. Vely subjective. Can ask ppl stop buying so more choices available ma. Indeed a smart move.

Biasa la. At least kangkung is down for now.

Btw how many 5 yrs do v have???

Bro, it has a "No" in front of the sentence I don't see any clearer than that which a person can interpret otherwise. A "No" is "not a definite No" ?

Read the answer together with the question again. It is very clear lah

Yap, u are right n ur example may true.
There are people really in rich with millions in hand, at least i noticed my surrounding friend some they are. Unfortunately, I'm not. Those who with few millions in hand are pretty good in doing investment because just Makan gaji u won't be able with few millions in hand. However, for those who always said wait to the lowest only get in the market to 'zap sei kai' will be those majority and I strong believe they will not have millions in hand. Just my tot.

This post has been edited by godlikexioo: Jan 15 2014, 07:51 PM

Unlike stock or commodities, property is illiquid, it may take 3 to 5 years for price to bottom. In the mean time, better to invest in overseas.

As long as one doesn't have bad record, have mean to repay loan and can pay deposit, banks will certainly lend.

If major property price correction(notice I didn't say bubble) do happen, no matter what UUU team says, it falls. Just like in the past few years, no matter what DDD team said, the market was still going up. Property market is a cyclical market. UUU team and DDD team will take turn to win, just matter of when.

The most dangerous thing now is that many are not aware whether they are investing or they are speculating. That is nothing wrong with speculating. In fact, many international astute speculators made a lot of money and prude of it. However, for ordinary people, most of the big money were lost because one was speculating but thinking he was investing. Also, speculating associates with high risk and high gain, at this point, the risk of certain segments just went thru the roof.

Agree. Just add abit my view. During good time if u do not hav bad record u will get loan approve easily but when there is financial crisis bank will 'close water tap' banker will only finance those who with have good record and property with class A in evaluation.

When developers hardly develop the piece of land in kl town and pj while on the other hand population is growing to another 20% more after 4 years, existing property prices will likely grow up dramatically again

property price will be like Kankung in the near future ..

PR1MA

Retire uncle and auntie with lots of fd wish to buy cheap too.

ok lah u win.