If u and yr UUU buds r confident in the market?.... I suggest ALL in la.....
Better than wasting time posting here right?

I agree that subprime will not happen in Malaysia and we will not be like US as well as our parameters is not the same as US. Malaysian banks are more stringent in loan approval compared to the banks in US. So we shall not use the word subprime for Malaysia.

What I believe is that the current property price is not sustainable based on my previous post and calculation as well.

Another issue is that there are investors out there whom I know that have very very high leverage. They use tenancy agreement to show to bank to have higher loan amount or additional loan. (I do not want to speculate if the tenancy agreement is real or not; or even if the figure stated inside is real or not) So with those documents, some banks (not sure if most bank accept tenancy agreement as source of income) loan based on that as well.

So now I'm curious if these group of people can be classify as subprime?

There's a lot of factor will determine what will happen. Of course not all place will DDD and definitely not many place will UUU as well.

By the way, everyone has their own point of view and their own analysis. So best is just understand the whole thing and share point of view. I don't see arguing anything here will change anyone's mindset

If already reap rewards then got bullets to go in FULL SWING right?
ALL IN LA...... PUT YR MONEY WHERE YR MOUTH IS.....

Ehh.. last I check u say u want to hold and still hold right and say got ppl offer u leh.. u say u dun want sell leh just last week lehh.. now sell liao.. reap profit liao.. name I check d S&P .. or I do land search see.. transfer di ir not agent..

Good oh.. I see u mean launcing time grab di.. cheap cheap.. still sustainable.. even repayment.. just if vacant for quite sumtime even with new launcheas price my calculations will crystalize into real.. u going ti be making loss.. lower margin..

u see u dun hold it forever if not sure loss and no investors want to make a loss.. at certain time u will let go just waiting perfect storm or waterwish.. 750k or 650k amanya 2 room.. for d next 5 years.. really no go..and couple with yearly prop increase it easily shoot up to 700k. Right..

In d mean time.. u will bleed if vacant... those who intend to buy at this flipped price.. ur marginal losses will be greater.. there is no way u can rent out a 2 room studio for 3.5 k.... in maluri area.. even 2 k ( assuming dude buying at 450k ) also difficult..

dude I tink plan to loss the money he earn just to prove us wrong.. in future many more location are nearby train station..  amanya still need a walking distance thou.. passing by old shops jusco.. pizza hut ( sumtime can drop by buy MCD) ...

Maybe, but you need to look closely, places like Kajang, Bangi and Semenyih is supporting the surrounding area and quite a huge population is working in Seri Kembangan, Putrajaya, Cyberjaya.

Please bear in mind for maybe 30-40% of the population, the central is always KLCC, cause they work there.
But how many people actually work there?
For others who work in Putrajaya, Cyberjaya, our central is Putrajaya, Cyberjaya.

So, a house in Bandar Utama is unattractive to us, in terms of travel and distance, but a house in Semenyih, Kajang, Bangi is super attractive.

What suits person A might not suit person B and vice versa.

Add the fact the southern didn't really have viable / nice township, suddenly the emergence of townships in Southern KV gives choice and options to those staying/working around this area.

You make it sound like your friends failed in life for not buying amaya

Bro, its different already now compare to 3 years ago. Not a time to be hero 

Everyone has their own strategy and risk profile and risk appetite. Therefore, I only generalise on the majority based on the EPF report and statistics.

5.3 million active contributors with salary below 5000 to benefits 1% increment for employer portion

Based on the same year 2011 report there is about 6.2 million active EPF contributors

Although based on old report for 2011 which I can only find online right now, there is 6,262,832 active EPF contributor. Based on the news report that there is 5.3 million contributor which will benefits 1% EPF increase in contribution by employer for 5000 and below salary. Therefore I conclude that there is only:-

(6,262,832 - 5,300,000) / 6,262,832 * 100 = 15.37% who is making above 5000 per month

Generally assume that there is increment and adjustment within the last 2 years and therefore there is 20% of active contributor to EPF which is making 5000 and above per month. So based on this figure alone, the affordability for property beyond 500-600k is only within the reach of 20% of salary earner.

I do not have the statistic on how many self-employed, business man and so on. Even there is lets say the figure is 10%. (This part is purely speculation by me)

So in the end, based on that statistic, I truly felt that that property (residential) has now gone beyond the threshold of general public. I also felt that the upside to the trend is limited right now based what I mentioned above.

I have yet to mentioned that those who is rich, super rich or mega rich which usually form 5% of the top tier of the population which has tons of money to buy cash for any luxury property and any property they want which I felt (personal opinion) that they won't even bother with property that we are looking at.

Also there is a lot other factors like external economy, currency performance, FDI, inflation and so on.

Although what I said sounds negative to general UUU investor, but please do acknowledge that this is some facts that we shall look at as well. I will not say there is overall bubble in property investment, there is some indicators that the uptrend might not last long enough especially for those who enter into the market within the last 2 years.

This is based on my own analysis. I welcome feedback by anyone on this as I want to get some insights on what is the factor which they think otherwise.

Damn sure many believed you when most in iProp was advertising for rent lesser than RM2k.... many believed in you for sure !!


Damn straight!! Many got green in envy, got a beautiful condo of with lush environment with seconds walking distance to LRT, so many antique shophouses so Malacca-like for Cuti-cuti Malaysia, many foreign expats love such places because damn convenient and walking distance to the greatest banking hub in city centre la!! Walaueh!


No!! Those are really bad buy!! My parent's RM750k Mahkota Cheras shophouse only manage to rent the ground floor at RM3.5k.... Now upper floors vacant and just do charity work, cannot la!! No return at all when people wanna buy at RM1.4m!!! Expats do not want our place because it is a crappy area for banking, economy only depends on banks and bankers lah, other businesses do not generate economy prosperity one!

For own stay, walau.... Already over RM500k for a way bigger and confortable sized landed, but cannot la, must join the crowd ma! Die also must buy Amaya area lah... Now only RM500k for 719 gigantic square feet! Guaranteed expats rental one, RM2.5k monthly rental yo!! After some time, can go up RM3k, then RM4k, walau! So sad that most missed the damn boat cannot be rich like you now, including me...


Haiya... want regret meh... Don't la!!! Many people believe jor la! Don't pissed off please... Not many Cheras people here what's more knew how the area like, that's why like these people DDD you know!! So sellable that so many advertisements trying to sell of many of their units!! Nobody buy takpe, next year increase 20-30% some more because sure got takers la!! That time economy maybe bolster by folds, maybe 50-60% increase also possible, since KLCC is so damn near!!  Hehehehehe.....

If you refer back to the few post that I posted, I'm mentioned mostly on new properties prices within the last 2-3 years and the trend of it. If buy 10 years ago, then no problem la. Even combined income for those below 5k salary, how much can they afford for the instalment portion? That is assuming both husband and wife is working. What about kids expenses? Travel expenses? Car expenses?

Rental play? Rental against property price is at all time low lar.
Yes demand is there. And demand has pent up quite a lot. Demand will only remain as demand if no one can afford. Problem is most developer is profit oriented and they only prefer building high end condo's with nice concept for luxury living. How many property project which is cater towards medium cost? There is huge demand for medium cost but every new projects is now catered to high cost. And do you know why developer prefer high end condo? Take a guess on their profit margin after every single cent they spend. Margin for high end units is the most profitable.

*This is strictly my personal opinion* Anyway I'm not eligible for PR1MA
Well, it goes 2 ways. Either I lament of miss opportunity and I wont make so much, or you lament with financial difficulties if bubble pops.

I thought I remember seeing it in the budget. But can't seem to locate that piece now.
My bad if I am wrong.

I stay in JB and watch Channel News Asia everyday since i got fed up with Malaysian channels. I know more or less what is happening insingapore. Singapore still have many land. The only thing is that thegov. releases the land slowly and by stages to developers to build executive condominiums or EC they call it. Some are freehold even.

"Miss the boat", sound familiar from gold discussion thread especially before the peak and the following crash.

May be "Miss the boat" is an indicator that the bull run is coming to the end.

Should be fair for all of ppl to voice up the opinion. Anyway, all the points highlighted must be supported by reliable statement. This forum is good if we share out info, experience n sources. Final decision is depend on individual.
Really appreciated for those share info with the justified statement n experience

Dun just imagine n plug the figure from sky n ask for more info... The answer never come bk. tq