50 years experience maybe senile already ..wakakaka

According to our lyf super agent like Brother Love, UFO ET & Hector Spector do not believe what guru/expert/tycoon says which know "nuts" about property. .lol

It's like Malaysians car tycoon can go to Hong Kong & says their car is dirt cheap, half to 1/3 Malaysia car price..

7.1 millions people lived in a 1100sq km dot offcoz expensive lah, KL metro 2243sq km only 6 millions people how to compare ? Unless 14 millions which is half of entire Malaysia population move to KL metro..lol

What had this news do with properties bubble ?
Please post it to SP Setia project thread or start a new thread.

Luxury old folks home...lol

What make u think those zero/low entry flipper can hold on to their job during bad times ?

What make u think those waiting for dead chicken r poor folk & will to get kicked out by company during bad times ?

In fact the most dangerous group during bad time r those over committed flipper/investors & property agent.

Please differentiate between cannot afford & not stupid enough to pay over inflated price.

At time also trouble lah ! Cannot go to places no public transport station, if place required take few different public transport also trouble, high chances of late to work as our public transport usually not punctual, raining day soaking wet, public transport is dangerous even for man.
If good job offer offer but cannot accept due to no public transport station near by, how ? reject ? or if job require u to go out during working hours ? tell boss u cannot go as no mrt/lrt/bus go to that area..lol
Then u limit your own progress in life, for such people I wonder how can they afford million ringgit properties.

Shocking !

I know their gasap before launching, but the discount they get will be charge into other buyer price is really shocking. . No wonder this morning 988 talking about our GNI is at high level. .sigh

Don't worry all these bubble 2 nonsense lah ! we have members claim to have 2 millions cash & a few properties still under construction, now wanna quit his job & become profesional flipper, no need to work, just borrow money from bank to flip properties & earn.

I guess can become like Chow Yuan Fatt movies liao.. God of Gambler. ..lol

Maybe now Chow Yuan Fatt can consider making movies of God of Flippers. .wakakaka

Curry mee 10 cents ?? Are U 70 years old ?

Only during this crazy 2009-2012 property price increased that much, normally property is slow growth lah, those days my uncle buy property 5 years only increase 20% after minus reno & mortgage merely break even.

Coming 2 years market will be flood with oversupply of VP from 2010-2012 purchase, don't think price would be encouraging anymore, the rich has long cabut to target Europe property.

Those who think those richer than you would be stupid enough to pay u heaffty price for your zero entry property perlahan 2 tunggu lah.

Those who can afford already loaded with property, who going to buy from you ? wait for lower income group ?? no money? wait for mid income group ? not enough money ? wait for high income group ? they have more properties than u..lol

How could that be ? Isn't property is guaranteed crisis resistant investment ? ..lol

Just those who earlier said oil price would only go up as oil is depleting resources & all the oil production country cannot produce enough oil to meet the demand & expect oil price to exceed USD 200 by 2009 ? What happened in 2008 ? oil price tumbled till today oil price had never regained peak of USD 148 in 2008, so what the explanation ??

Just a few years back everyone is talking how safe is Gold investment, Gold is the best investment & hedge against inflation, so much so that people e saying the world should use gold as currency against ever depreciate USD, so now what happened ? Gold price tumbler no one taking about keeping gold rather than cash.

I bet U when u look back in next few years when over supplied properties price tumbled, then these people u see today talking about property price would never fall, will keep quiet just like those Oil & Gold speculators. ..lol

So u mean Shell, Petronas, Exxon, Total want oil price to fall ? or UAE, Saudi Arabia want oil price to fall ? or was it Malaysia government who highly depends on oil income want oil price to fall ?

Maybe CMMC Goldmine or Peninsular Gold in Raub want Gold price to fall ? so that they can earn less ? or those who invest life time saving into Gold r very happy to see the money tumbling.

Flipper r actually just a bunch of kucirap insignificant to determine the property price, it 8s the buyer demand, looking at current over supplied properties, price fall in not an option anymore is a definiteness, just that Lowyat forum flipper/owner/real estate agent wanna live in Fantasy Island & shouting "The Plane The Plane" every time they see a new project launching. .lol

Should blame Real Property Agent also for spreading false information to distort real market senario thru forum..lol

So how much U made ?? Money not necessary only come from flipping property unless U have very "little" ability..

How U know sure more than 1 millon after 10 years ? How U know know all can settle in 5-6 years ? How do you know flipper can afford loan without rental ?
Base on you posting Ur comment also base on your own assumption & assume all people r so damn rich can buy property with Cash, assume all people love to travel few hours & pay hefty toll to work daily, assume people who can afford million ringgit property still need to pack like sardine in LRT,, bla bla bal

U don't not mixed arround with "real rich people"

I have not seen multi millionaire taking LRT to office every day at lease those i know.

U mean no more potential buyer that u think can be hypnotised to buy property though U & let you earn commission ?

In that case "Good Bye & We wouldn't missed U" ..

Property Bubble for Dummy "Made Simple"

http://www.youtube.com/watch?v=WwC6ZEL8J3Y

Since many "Children" here..

Point 1 & 2 is what has always been, couple income still base on income per capital (so theory stays), Rich parent has always not catagoried as if you have millionaire parent nothing concern you.

Flipper sharing same theory combine of 10 peoples buying 10 house is same as 1 people 1 house, usually this involved new launching, hardly see people combine purchase secondary properties.

What not explained is Black Money combine with Clean Money buying property, aka money laundering

So u should buy some properties & never sell it to cash in, as the moment you sell ur property, the money u get started to shrink, therefore you should just buy & inherited to your next generation & pass it on until eternity...lol

If all business in trouble how to pay monthly installment ?
So staff/boss of property company A flip it to from staff/boss of property company B, staff/boss of company C buy from staff/boss of company D ...??

At time I wonder these people think before comments..sigh

Luckily we have very "honest" & "kind hearted" Developers / Property Agent to "Advice" us to buy fast 2 before property price go further north, Good social responsibility, U know they can always keep quiet & let U all stupidly wait & sell to U all at much higher price in next few months.
Now who says they r heartless..Bravo Developers. .

Invest in REIT ..

Invest in property is not high risk if U have the money to hold & don't expect rental to cover your mothly mortage payment, so long as you don't cash out U r not gaining nor lossing.

If like U know who bought a expensive little shoebox till can't afford even a 30K Saga & need to take public transport daily, but shook sendiri about paper gain base on asking price, need to rub on his friend face who did not agree with his purchase, then that is consider pathetic lah.

They r mostly corrupter looking for ways to hide/laundering their undisclosed $$ nothing to be proud of.