According to our fellow elite lyl members here.

1.) 20% of staff earning high income.
2.) 20% staff children education fund r sponsored by company RM 100K international school.
3.) Minimum salary RM 7K/mth for all staff (i wonder tea lady, dispatch boy,  security guard included ? ) 13 months salary.

Ripley believe it or not lah ..lol

Just calculate the amount of people qualified to pay income tax then we can see how big the secondary market.

I heard MNC quite cruel when it comes to retrenchment. . wait for dead chicken. .

mega rich also cannot run away. during 97 sleepless night for sunway bosi, berjaya bosi, malton bosi and many bosi.
every night like nightmare to them almost at the edge of bankruptcy..

Many MNC do not need to wait till crisis to retrench,  eg company downsizing,  moving their business to lower cost country,  business not good due to market trends,  problem in HQ, problem overall global sales, certain business units been sold, M & A, & etc.

So it could be just that particular or few companies staff units become Dead Chicken. .. 

With peanuts VSS ?? Can retired ?? Clear Housing Loan ?? No jokes.. 

Back bubble business some interesting Singaland property news (Too bad only in chinese)..

http://www.zaobao.com.sg/consumer/property...20140207-307169

30% of Singapore Flat/Apt sold below valuation price.

This is the price to pay to testart the property price.. I would give it a go.

but then again.. only flippers get bancrupt.. the secondary market upon auction will be absord..

Flippers cannot be associated with our malaysia whole economic growth..  sumore flippers only small number and with them out their contributions are negligable...

Few real estate offices close down a lot leh possible

Assumed u r 35 years old get VSS, u think company would pay u 25 years salary so that u can retire for good ?? or 45 years old will get 15 years salary plus increments ??
Let me guess u never bought share ? share price base on day maybe even hours dead chicken,  Me just earn 2 grand bulat2 in a day, buy Thursday sell Friday,  no need capital some more.

Well then movie time "kingdoms of heaven"

"When king baldwin the IV is of his last breath of life.. he  summons bailian and offered him as the following..."

"Will you take care of the kingdom when I died?.. and will you marry my sistet sibliya of jerusalam and take the crown?"

bailian answers " a man's soul cant be moved.. even a king" u have my love and my answer( rejecting and proposing that there should not be any correctio /crash in prop)

king baldwin says " so be it"..

so be it my friend.. I were to be a death chicken.. I shall wait you on the bancruptcy doors.. may god be with you.

Appreciate with few example. Tq

Remind me of gold hoarders/investors argument that gold price has been on upward trend for over 7 years and will continue to breach $2,000/oz in 2012, etc, etc, etc. Believe even those who hoard gold before the beginning of bull run in 2008 and invested more along the way are under water at current price.

Given enthusiasm level in the current property frenzy is similar to gold during the last bull run, it won't be a surprise the price drop will follow gold in proportion. Nothing goes up in straight line forever else there won't be less than 8% of adults have net worth over US$100k.

Good graph to show 

Reminds me of investment is a very personal viewpoint. The optimists view gold investment as a long term investment. If you invest in 2004 your cost is $400. It went up to $1800+ and settled down now to $1200+. Still a 3 fold profit from $400. The pessimist view gold investment from the peak of $1800+ and crashed to $1200+. A 33% loss

Same applies to property. If you buy a property in 2004 for RM200k. It is worth maybe RM600k now. For optimist, even if it crash 30% he still make 100% profit. For the pessimist, if crash of 30% happens, people have to force sell or he (who must be a flipper without holding power) will go bankrupt

It is all about individual investor behaviour. And how you view the property market depends on whether you are a optimist or a pessimist.

Regarding if, IF drop 20% after 3 yrs, (assumption niacin, ok) it's worth waiting if price stay stagnant. Wat if price up again let's assume 5% per yr? Then drop 20% after 3 yrs means 4th yr la, how har? Still can use I TOLD U SO boh?

If a 40 year old looks like this, I wouldn't mind staying in

Already 40 y/o aunty. Still better looking and has body better than 18 y/o 

Approaching 40yrs like tis oso not bad. Not too big not too small. Ngam Ngam Ho.

This one right... liao 20 years from now mb I buy enco hill ftom rabel anf stay there .. catching bit weight di.. got medical card oso no use will have to suffer ...

Aiyaa 20 years from now... echo hill wont pass 2 million mark.. u sendiri pun tau.. crystal ball say..

Better still.. 20 years down d road still dun have 1 m.. to be honest.. unless I do business working working will never be able to save 1 million... after 20 years... if earn can 3  milliob pun boleh... most used up.. no need eat.. no car.. no martiage meh.. no children mehh.. dan barang naik lehhh

Better still.. 20 years down d road still dun have 1 m.. to be honest.. unless I do business working working will never be able to save 1 million... after 20 years... if earn can 3  milliob pun boleh... most used up.. no need eat.. no car.. no martiage meh.. no children mehh.. dan barang naik5 lehhh

20 years oso cant u guys still partying outskirt to go 750k upon Vp and 1 million mark by 2015... who buying oh??? Or renting ohhh..

u yourself admitted given dat amount of time still cant get 1 m cash... how... ok mayymy sakary low.. but guess wat.. at least 60 to 70 % of msia population are like this are lower than me or same or little higher.. where is ur market?

if you carefully look around... really no jobs even professional get to save 1 million more cash in 20 years time.. see you own father got mou... i not belittling just example...

i can earn 3 million just work (without venturing to other business) but along 20 years much was spent.. childrens 3 or 4 to come.. cars my self and those etc.. un know lahh... and even i got 1 million i can only own it by cash buy 1  prop.. my KSWP are my retirement money ,coffin money, fengsui money..

are you telling my because working is really cant get 1 million dat y u go flipping business.. wahhh... go also can.. but appetite so big.. one shot profit 300k.. 20 years also cant make a million.. u one shot 2 years upon VP sapu 300k.. so big appetite.. you young generations always thinking fast money one.. hit jackpot then no need work.. haizzz these kind of culture..

By flipping... political link.. bribe... business like macdonalds.. blue chips (must buy more)... investment shares .. equity... or even MNC or O&G top management..artist.. internatinal.. I dun see anymore