Paper gain is not a gain until u cash in.

I know some fellow bought a shop lot for 1+M later price shoot up to 2+M upon VP but still wanna wait, price fall back to 1+M because very little tenants, so the earlier paper gain of few hundred K just a mirage isn't it ?

When price go down no sell no loss, if price go up no sell no gain, offcoz the longer u hold the higher ur cost, even stagnant or very slow gain is a loss..lol

That why rich people can go bankrupted as all their wealth merely "figures" in paper which can dissappear when crisis come.

Most if not all rich man having more debts than their wealth.

Btw I do hold property, fully paid one is wealth, those still need to pay bank loan r still consider liabilities.

This post has been edited by jolokia: Feb 6 2014, 12:32 PM

Then tell ur potential in law to keep their daughter long2 like house later sure price increased...lol

Just because getting married doesn't make one making "un wise" decision & become water fish to pay whatever seller ask for, in current market senario can press those seller kao2.

Orang kaya hidup serba daif, kesian..

Pasal beli rumah kereta tak mampu, lepas bersara kena tinggal dalam rumah kampung habiskan sisa hudup..

Cam tu jadi Hj Bakhil lagi bagus, setidak tidaknya kereta buruh sebijih, tukang masak & drebar lagi.

20% in an organisation getting RM 100K for their children education fund ? no jokes ? which company ? i am interested, name those companies please...lol

Talk is indeed cheap.. in this forum.

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. .

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.

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.

Kalo berita tu cuma omong2 DDD, pasti hang buat slumber cool je ? malas nak layan dia orang pun...zzzzZzzz

Tapi hang layan juga ! Gelabah dengar berita cam ni kot ? ..lol

This post has been edited by jolokia: Feb 7 2014, 09:56 PM

Exactly few years back when one said gold investment is a unsustainable speculation all those gold speculators would come in defend saying gold is the most trust worthy investment, better to hold gold then cash, one can even pawn gold everywhere to cash in, country reserved r in gold, since ancient times people keep gold, yada2
Now all start saying gold not reliable, cannot rent out like property, gold investment gain r paper gain, bla3

The fact is Oil/Gold/Property/Stock speculation r all the same, it will become bubble & will become unsustainable.

They said even if properties price fall one still have property on hand, don't forget almost everyone bought properties thru loan, properties r belong to bank so long as one had not complete their loan tenure, if properties price fall below the loan or initial purchase price, what do one have ? Remember during US crisis house price fall below loan value ? meaning paying a loan greater than what one can get by selling their house,

Gold need no maintenance but properties do, gold no wear & tear but house do, gold can be sold in days or hour but properties need months, gold will not age but house will, gold do not depends on location but house do, if govt decide build some undesirable things like highway, bridge, incerarator, high tension cable towel near your house the value will dropped substantiality, may even have problem disposing it.

The conclusion is no such thing as safe investment/speculation, oil & gold have it day & so will properties, current senario shows end of road for properties speculation/investment/flipping or whatever one like to name it, lived in denied or how ever u like, u still at losing end.

Budi bahasa merujuk kepada tutur
kata, kelakuan, sopan santun dan
tatatertib, akal kebijaksanaan dan
perbuatan kebajikan tercantum dalam
kata-kata mulia, setiap gerak laku,
tutur kata, tata hidup, pemikiran dan
perasaan baik terhadap orang lain.
As properties need no insurance, i say Gold investment not keeping gold bar under one bed/safe box/bank safe room..

Physical gold can be gadai what lol i remember seeing gold for cash in post office which now disappeared after gold prices collapsed. .

My point is every type of speculation investment had it advantages over another but all come to same conclusion which is Growth/Bubble/unsustainable/burst its part of eco system like Birth/Aged/Sickness/Death offcoz next generation continue the cycle. .

So what do tiny island with exploding population Singapore/Hong Kong properties had on common with our ? i seen many use it as examples.

70% LTV, DIBS, Loan base on pre rebate price, zero entry is not Ah Chong/Ahmad/Muthu loan ?

Those who bought prior to the tightening still yet to get their VP right, probably this or next 1-2 years.

The crisis is just at our door steps but many decide to close their ear & lived in denied.

I bet same yada2 will apply to properties speculation after the burst, we don't have enough population to sustained, foreigners speculation, income growth slower than properties price inflation, & bla bla

Then come another speculation craze which is again deem indestructible, who know there might be Air/water speculation. .lol can't lived without that isn't it..hahaha

Jolokia stands for Jolokia Bhut which is Asamese language in India for a extremely hot chill paper.

Not Jolok ia in Bahasa Melayu, even if so Jolok ia in Bahasa Melayu mean poke it not necessarily link to vulgar thought, like Batang Berjuntai is a name for a place base tree trunk poking out but can't help if someone had distorted mind.

Budi bahasa is a very important in asian family culture as it represent one bring up & example to the next generation.

Quite sure u have heard of Budi Bahasa Jiwa Bangsa back in school.

No harm poking fun at other but let's limited to a gentleman way ok.

This post has been edited by jolokia: Feb 8 2014, 03:16 PM

Malaysia Chinese population only 22-23% with 1.8% population growth yearly & dropping.

U r right though Property r 99% Chinese game, there were never much of real demand in property, mostly buy & wait for water fish, those day flipper can buy from another flipper & still earn, nowadays very susah aleady.

Let them be lah ! Most just wanna tayang their wealth here, genuine rich man usually quiet about their holding, after spending entire fortune to buy property (some till need to take public transport), or playing properties for 23 years (probably retired or near retirement) the only place they can earn some egoism is here only lah.. ;-D

Mind to share a "correct" calculation ? by bashing the fellow without showing the "right" way is pointless.

No worry according to my "cap gajah" survey company (I also cannot disclose the name of the company...lol), which I meet during pai ti kong.

Property price will definately fall, as much as 10% or more in outskirts, prime area 5% or more.

Next 3 years will be continuing fall for sure.

Don't ask me for prove as I cannot review the name of the survey company. ..lol

Ripley believe it or not..hahaha

Don't dare to reviewed your friends survey company better don't post..sigh

I read in Malaysia German Chambers of Commerce website says Construction contribute only 3.5% to GDP leh..donno which is true.

But I think Malaysia Construction Sector contribute a significant amount to Indonesia & Bangladesh GDP though ...lol Billions be sent back to their country every year ...wakakaka

Just
U "assume" his calculation is wrong by unable to show what is correct ?

U should says u disbelieve his claim though u r not sure the actual figure, correct ?

In a way he is partly correct though, isn't all statistics r base on a pool of selected survey ? like the chinese new year meet up with kawan from unamed survey company, says property market still up for next 3 years..lol

He did provide a website link isn't it, u can prove him wrong ? if cannot either u disbelieve him or ignore him.

By saying his 1/3 figures is not accurate isn't u suppose to come up with a more reliable figures (though not necessary accurate).

Eg. When someone says Construction sector contribute 10% to our GDP, I say I read it in German Malaysia Chamber of commerce was merely 3.5% further proven by another forum member with govt statistics.

What if I said it was 1% or 20% not 10% but like him I have no prove, but I accused him pluck from thin air, as if I am not ? correct ?

My point is burden of prove is at the accuser shoulder isn't it ?

No worry, I never says 1/3 figures is true or false, just like CNY meet up with secret survey company friends say property will increase another 3 years.

Jusr telling Minolta don't accuse something which he himself donno & cannot proce either.

Offcoz my cap gajah survey company friends statement is purely joke as well...lol