according to them ... " u havent not seen rrich ppl" and infact there are many rich ppl------ YES you are right just their numbers does not match the poor ones

and the MARKET they target is also from the poor class and middle class --- now targeting middle upper class and those just in rich class ( as they flipped so high to target just these guys)

new buyers please have a bigger eyes before and biger ears and rational mind before jumping the gun into property investment dun be easily convinced by developers to invest into the projects in which they themselves don't want..

by dishing other rebates for 2014 launches.. it is actually trying to bring back DIBS in a back door way.. and this time their lancing price is god damm high.. and this time thier theme is 'BUY NOW.. IF NOT NEXT YEAR GST COME MORE HIGH" --- YA RIGHT AND YOU STILL BUILDING EVEN THERE IS OVERSUPPLY..

If they can get loan for multiple units, why not? Why do people always assume flippers cannot sustain the installments? I cannot understand.

Why Southeast Asia's Boom Is A Bubble-Driven Illusion
http://www.forbes.com/sites/jessecolombo/2...waiting-to-pop/

those who has holding power can survive, those who can't they will not get over the storm.

1 month in 2014 almost finish. Haven't seen prices dropping. Still lotsa talk. Air is free after all.
Wait maybe next month burst?

http://loryau.blogspot.com/2014/01/my-pers...ook-part-2.html

any comments on this?

still increasing meh property price? new launches still many? talk is free leh..

Many will ignore this and say our country has nothing to do with China, Japan, US etc etc. What that will be claimed especially from bankers, agents and flippers will be the same nonsense limited land, foreign expats keep pouring in need place to stay, yada yada yada.

As if other countries that provides us money will be immune from economic turndown forever.

http://my.news.yahoo.com/bank-sees-economi...-161219993.html

---- She said despite three rounds of macro-prudential measures rolled out by Bank Negara Malaysia to cool off the property market, the number of housing loan applications and loan approvals remain elevated.

The author has been penning sensational articles about crashes to generate more viewership, which in turn drives up subscriptions for Forbes' publications. Malaysia and Singapore are doing very well with the new measures to filter out flippers. 2014 GDP forecast are quite rosy as US and EU (main export markets) are recovering. Just remember the $1mil you see today is not the same as $1mil you see 5 years ago. Don't be alarmed by the apparent high price tag; they are just illusions of eroded purchasing power due to inflation. Everyone is just getting poorer everyday with the same $1 in the pocket.

Actually it's not easy for people to get loan to service multiple units nowadays unless you can convince bank with your income,passive income,fd and cash reserve. There is a lot of rich people out there and I'm sure they now how to manage money above the average Joe and not put money in one basket. Even if you dare to have a multiple units it's not easy for loan approval unless u really have money. Now 3rd loan and above need to pay 30% down payment mean the multiple unit of property really have a strong cash in their pocket..But if you say that properties price will go down to 50% I'm sure average Joe also suffer.

In case someone wants to label me as a crazy UUU protagonist, I share with you that I voted for "Yes, pockets of bubble bursting". I agree that some areas are likely to have been badly speculated by flippers due to DIBS. However in general, the demand is real just that prices in those areas are a bit bubbly. Choose wisely and go for those near transport nodes, as I expect fuel price and traffic congestion to increase over the next few years.

When there is no sudden increase of property price mean the action by government to curb increasing of property price is fruitful. So instead of hard landing of property price we will only be facing soft landing which is good for our economy.

U see I know where you coming from... the high end flippers right.. yes can sustain and have cash.. but then again rich flippers has multiple units..their intention is to flip also ( just dat appetite is bigger) ..even they can hold.. it will defeat their original intention of investment ... unless a long term investment.. the longer you hold the more you bleed in intetest.. is a losing game to hold long... and the rich dudes dont have so many ass to stay in all these house..

I would dare to say the source of strong income is ether high salary worker like O& G or even top management.. and these pppl are ageing and long term investment.. reali a risk as u dun enjoy the fruits before dying.. those group 25 to 40 these are the main category flippers thesr group heavily depend on flipping upon Vp and their foindation I.e savings are normally very disturbing level.. even they can secure the loan.. they will remain poor..

for businesses of high end flipping.. business dun last forever.. I just house cleaned and sell off a datuks paparich in brickfields.. so though is not vonclusive.. even rich ppl are not fool to dip their fingers in trouble water so long ( I.e holding it) as even business are not stable.. anf cant last long..

humans rich poor still want the money in physical form.. flipping can secure them these before.. now this climate..I think no

Agree pocket bursting is very likely to happen before the total burst which is unlikely low.. then again.. market is baded on srntimens.. if part of KV really bubble.. I think even mature areas will be affected.. rental wise still boleh jalan

Now your statement make sense.

the only thing that doesn't make sense is if property is really so good and the price keeps on increasing...then everyone can just buy property and sit at home and relax and wait to collect money?

if that's the case no need invest in stock or mutual funds etc....all whack in property...

from my observation, property definitely go up...but only in long term...i've seen real case for property bought in 1997 time and the price went down after that for next 10 years....but only recent 3-5 years the price pick up again and now back to positive earning if compared to original purchase price...

so long term...it is always UP UP UP !!! it is almost impossible for price to drop...like someone say prior to this..the RM1mil u see now is not the same as RM1mil 10 years ago...if that's the case, how is it possible that the house price will drop ??? if price remain also means you don't earn money already....

my 2 cents... so regardless if it's bubble now or not...long term, and i define as 10 years or more...sure UP ! 100% guaranteed....

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

refer bck to ur observ, the smart investors will mke handsome profit, be it real or paper, if able to pick at low range of price as compare to original price... and this opportu still avail even today..

I am quite surprised to see u actually voted that.

For those who think prop prices didn't falll, I saw my friend neighbour 2.5 storey house just dropped in auction price again.

540k(bank tho that they wrongly put the price) -> 900k -> 810k -> 729k -> 653k latest.

See whether there is any taker this time.