Not really. As the matter of face most newer phases were launched smaller in size wor.

It boils down on the sector you worked on. If you are a banker that just sits down and do nothing except giving easy loans then yes LRT is convenient since many connect. If you are anybody in the construction sector you cannot use the LRT. It is hardly possible to do in Klang Valley although people in Singapore can do that.

He bought it earlier at RM400k+, loan should be around RM2k above la (can be below). About renting that is another question la. Since I don't think there is good market for renting because of the exorbitant prices and surrounding environment, though the access to KLCC is okay.

Nope. If I buy a house for ownstay pretenses - am I a flipper, be it if it is over inflated? Not fair la....

The term 'flipper' should be used for people that bought during launch just to sell as soon as VP obtained for quick profit.

I understand your concerns la but not people that say BBB is flippers la.... although they really got no idea on properties.

Shocking but not to me anymore. Some contractors are willing to be buyers and pay booking fees for lets say the whole floor of a certain condo so that developers have enough demand to proof to the banks that there are enough buyers to get loan. After a while, contractor lari because too much delay and bearing with loses and now as a consultant we have to prepare for legal implications. Projek kat Mont Kiara pulak tuh.

Those property clubs the face very familiar one... That thin faggot always give speech tell your all BBB one ma... Many times see that face jor, but don't know who the eff is him.

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.

China is different. The country is running on high debts that caused property boom and managed kept the economy going so far; while the rich are suppressing the poor legally.

On the other hand, we have yet to need IMF (which for how long we won't know since what we always heard is Malaysia debts rising bla bla bla) and learning from China the government is trying to do the same to us - and it is successful actually lol.

Not to mention most bankers have zero idea about the construction side hence giving out overvalued loans to developers.

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.....

Actually some people comments really amaze me. In the end everything is just plainly economic la. Any money that comes in, must come out. Basics of business; when one losses money the other gains. People will pay RM2-RM3 for an item worth 50 cents if their feel the worth and can afford it.

Now economy wise, like China; our country has been pouring billions to give the construction industry a penile erection so that the citizen can have more job opportunities, banks profit by giving out loans (on paper), business owners profit by hiring foreigners to do labor Malaysians look in disgust at. Of course some politicians are not fully stupid to borrow for IMF but what they did was better, borrowing money from other bodies such as KWSP for their some worthless creepy projects etc etc and loosen up some building in-law guides which had encouraged developers to start building condos for maximum profit.

All these easy money and loans were one of the contributing factors that creates wealth and also paper wealth. And with wealth presumably rising among most Malaysians (not really, actually) demand naik, which we all know mostly are artificial. With demand and ease of credit, properties prices also inflated a lot. As the matter of fact, it is so obvious with MOST property advertisement today promotes LRT/MRT/Highways/Prostitutes/Gigolos/4-5stars/ Guaranteed Rental yield etc etc. What beats the purpose was back then such transportation was for the poor fags that couldn't afford a Porntong or Mawi these milo tins but now it was marketed as a CEO, MDs, executives, to parenthood and babies way of travelling and a guaranteed way to a worthy convenient living konon. It is said that by a certain year even kindergarten parents and toddlers also need to take LRT while carrying 10-20 brats since Malaysians are always so productive on the bed.

Someone argued that the rich are not bound to bank loans, which is brilliant for laughs. Fact is, many wealthy people owes the bank lots and lots of money but they can either perform their installments or roll over. Not sure how people roll over as I am no wanker (ops, banker) but there is always something we called "The System". That's so simple. Now the rich are buying properties in US during their downturn that causes property prices to drop in order just for 'in case' scenarios lah, because they know such wealth driven by debts may not last hence need an escape route. What is laughable is when someone says business also big risks no fast and big returns might as well go for flipping!!

I had seen several construction tender documents fabricated so that owners can borrow a huge amount of money. Real life case, owner get RM7m loan, structural construction costs around RM2.5m, contractor and owner kawtim already where the contractor will return the rest of RM4.5m back to the client after complete everything lah. The rest of architecture and interior design works were done himself by engaging his own in house ID in China, where we all know the country of all materials thanks to their massive debt oriented economy that emphasizes heavily on overbuilding of apartments/condos/shopoffices etc etc.

Well, many still refuse to acknowledge the current crap the country is going, until it hits them like a brick to the face. When investors cash out, how many jobs will be gone? If costs of living getting unsustainable, will investors be that wise to continue using our manpower? Our country exports is getting lower and lower, how can it be logical if economy can get better and better? Lol some people study about investments so high also cannot understand.

This post has been edited by MishimaZ: Feb 10 2014, 04:40 PM

My hot piece of ass ex father was a bankrupt and he still make lots of money and store it in her account. As long as you can get cash and not repay to banks its possible to own things but for sure not under your name lor. It is like giving others your money if not the bank who bankrupted you.

Not a happy life to live yo!!