BearbeaRwong has a very good and valid point...developers do overhyped their pojeks eg near MRT...butif u bought 600sf studio for Rm600-700k or even more, do u tink easy to find buyers willing to buy at Rm800k++ for such a small unit wit no rooms?? The rental not even enough to cover the loan....young people cant afford, thosewit big family who can too small space, and finalyy i would rather stay further from office and buy cheaper house than buying such an expensive studio,all in tne name of convenience...andmost people r in sales, so theyneed to drive, near Mrt not such a big atttactio

they very simple equation is zero flippers then it would be perfect..

Dat y this is not owalys directed to ppl who intend own property.. if the market is not fueled with market speculators.. how can u explain most high rise in kl and kv 2 megayownships are sold and vacant? Or maybe u drive around to kv area and see thise vacant units like kajang.. palm walk3.. kajang 2.. jade hills... taman tasik semenyih.. bangi... 2 megatiwnships.. twin palms.. also notice why are there so many yellow tag asking for sale then it would give u a vleater picture.. even you intend to stay prices like 750k outskirt DSL is still very burdenand unreasonable.. this year they want to climb to 800k or more.. this price is inflated.. they reap 200k from this amount .. this a price 10 uears down the road.. if really long term maybe it is a gud deal.. then agai  by then your prop 750k.. servicing loan of 3.5 k for 35 years.. lands your prop at 1.5 million.. outskirt OLD DSL... worth it or not..

This is a catchy question... if I say 750 or any other price rather than the developer s price u say I m plucking from the skies.. no justification... you will prove me wrong as u are sellig cheaper..

if I say developer price you say I am sour grape coz I dun get to buy 1 units of that project..

Crystal ball or no ball tell us phase 2 selling price.. my go for echo hill phase 1 subsales us minimum 650k.. those desoerate those not 750k..

Actually.. once prop really bubble.. even no bubble no one rent also making loss di.. holding for 10 years..  if really bubble u guys going to make big lost.. holding power can save yoursrlf from bancrupt.. those no holding or low holding .. haizz..

most prop agent.. are chinese it market really plunge.. like genting bus wiping almost all.. in this case.. bancruptcy due to high entry investment.. photo of bkt beruntung which I have taken shall be furnished in moments.. mind you srlangor.. kota warisan..sepang.. both megatownahip outskirt.. d highest risk

Why you keep saying no one rent? Unless one bought in really new or ulu place, it is very easy to rent out, at least for rental RM2.5k and below. So stick to location and one will not have such problems. By renting, somebody else helps to pay down installments.

oh dat means echo hill and southville different lor.. right mou.. township right? by sp setia adnd mahsing right? jade hills and TTDI groove kajang by TTDI and Gamuda leh? still vacant oh..

but if you really hold.. and place so far... my previous post.. here is my reproduction again

850k after 10 years... sure up lor.. u di pay 420k installment.. plus 75k deposits... legal fees stamp duty 25k upon selling and your progit of 100k lets say...and ur loan sum is 650k..

so 650k -420k-75k-25k -100k profit.. bro assuming interest rates does not flactuate at all.. U STILL OWE THE BANK 30K.. Do you know ? Flipping instantly.. those say long term investment is lying through their teeth..

lets adjust to 950k.. total profit of 200k..
Means loan 650k -420k-75k-25k-200k= you earn 70k for 10 years.. means a year is 7k... per month is rm583 DSL per month rental.. hardly can get a room even flat sin KL.. u sure.. just to say up..

We have not factored legal fees.. stamp duties.. gosh.. maybe think .. subsales 750k DSL hoping for 200k.. srlling 10 years is sucide.. immediately sales upon VP can..

so those agent tell you sure untung.. let them hold.. 5 years above also die.. even home owners be prudent.. a DSL outskirt cannot reach 950k.. who wanna buy 10 year old prop.. haizz..

is this some joke?

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. 

Agree!

Those who wait, will continue to wait till old age. Probably will end up renting the rest of their lives. You'll have better luck with PR1MA or outskirts. Don't dream of prime locations.

Prices will never go down, instead continue to rise especially in Klang Valley hot zones. Borrowing/lending policy will be tighthened! The longer you wait, the more out of reach your dream home becomes. Time will only benefit those with 'moolah' and holding power.

Low ballers will be the biggest losers i.e. those who claim to know a lot, talk a lot but have no guts to commit or with insufficient $$$$.

HuiChyr, I agree with you.

Those who can afford definitely has already bought. Those cannot afford will never be able to afford anyway no matter up or down.

And my guess is that a lot of investor's already have their mindset lock and the keys thrown away. They rather make claims and statement to reaffirm themselves that everything is great.

Interesting article on Mindset

Assuming property never ever will crash and assuming as well the trend of 20% appreciation year-on-year:-
Below is a chart of how much a 600,000 property will worth in 20 years:-
2013  600,000.00
2014  720,000.00
2015  864,000.00
2016  1,036,800.00
2017  1,244,160.00
2018  1,492,992.00
2019  1,791,590.40
2020  2,149,908.48
2021  2,579,890.18
2022  3,095,868.21
2023  3,715,041.85
2024  4,458,050.22
2025  5,349,660.27
2026  6,419,592.32
2027  7,703,510.79
2028  9,244,212.94
2029  11,093,055.53
2030  13,311,666.64
2031  15,973,999.97
2032  19,168,799.96

Yay!!! All property investors is multimillionaire!!!! Based on that figure, in 10 years I can retire as well!!! (Sarcasm intended)

Yes it's theory based on my post below:-
Yup. But forget to add a disclaimer.

*Disclaimer*
This is based on few property that I tracked within Klang Valley. Prices from 2007 to 2013 which average out about slightly less than 20%. I used the 20% as round up figures. That chart based on hypothetical scenario of upward trend that we are currently witnessing.

Again, just to provoke some thoughts if this would continue based on past trend.

Or maybe just affect the flippers leh.. low end ones the most here..

the buy now theme or will increase later will not work.. it is already beyond affordability..

economic plunge or burst there are still rich to wallop wat.. and of course manu still waiting... as long the price plunge.. there is possibility ppl attaining so.. better than keeping increase forno reason..

or if really burst.. financial institution tightens causing many not qualify for a short period... those invested.. they will go bancrupt.. then all property under loan or even free of encumberances will be vested in OA nane and sell off accordingly.. of course cheaper just to cover d loan owed by flippers.. thereafter.. chances of grabing will be better as flippers already bancrupt or risk of defaulting ccris koyak.. unable to get loan.. less pool of ppl buying or compete..

a bubble burst in pocket and then full mode is needed to restart the property price back to normal.. with this to reliase.. some group of ppl really need sacrificed.. and I anticioated mostly agents and low end flippers to take the full hit... thereafter the high end flippers will exit the market or reduced accirdingly

As long it is cheaper and market heading to a downturntrend to a reasonable level..before slowly appreciating..

And a long the way eliminating speculators or even deter cash rich ppl will do.. by burst.. rich ppl will be very careful.. but for house owners it is their time..

u bought echo hill for stay.. why is the worry and anger as I posted in echo hill.. no reason..u agent? U allege u early 40 retired.. if bought echo hill... mb need be around 50 to reap d profit.. that time.. maybe.. the full fledge township will crystalize to highly populated area..

Hi Rabel,

I'm interested to know your investment strategy as well. I like to know what is the main point to look for in property investment.

I understand in general that property is very good investment for long term. But with current new launches getting higher and higher on their pricing, do you still think that it is still a good investment? If yes, may I know why you think so.  I'm still trying to figure out on what basis that this price will continue to sustain its upward climb. I would love to hear some insight and opinion, and learn as well. Because based on my analysis many many post back, I'm quite sceptical in the up trend.

I feel it is better that this thread shall have more debate and point of view with well articulate logics. Shall not be flaming by just giving each other thoughts without some explanation. Thank.

maybe u want to reconsider.. i think i overlook something di when i post..

taking back the same example:

Buying a 850k DSL (previously bought 750K now likely to be echo hill case) after 10 years..... u di pay 420k installment (3.5k X 12 X10 years).. plus 75k deposits... legal fees stamp duty 25k upon selling and your progit of 100k lets say...and ur loan sum is 650k.. let us assume rental for DSL is RM1,000.00-RM1,800.00.. increase monthly...we take a median of RM1,500.00 per month (this works out to be RM180K for 10 years)

so 650k -420k-(75k-25k) -100k profit.. bro assuming interest rates does not flactuate at all.. you still owe the bank RM30K.. let say (provided 10 years you have tenant secure tenant) you get RM180K for 10 years. after minus RM30k you owe to the bank... you still earn 150k.. but think again the 75 k is actually the deposit you park in and 25 k is actually the legal fees payable, these are your own money) 100k total.. therefore, even with rental covers.. you only earn 80k for 10 years (assuming you really have tenant). that is like 8 k per year and that is RM666.00 per month.. rental in average..
now lets adjust to 950k.. total profit of 200k..
based on the above you earn 80k for 100k profit, but for 200k profit, you earn around 180k for 10 years per year 18k? RM1,500.00 per month.. this is reasonable but the risk of no one buying a DSL outskirt worth 950k (another extra 30k [being extra 20k deposit and stamp duties payable])

so you see.. this will then reduced to the arguements of whether the prop price will climb over the million mark.. WILL IT or is it REASONABLE TO EXPECT SO? holding long term really not viable.. and outskirt prop really runs the risk.. coz the starting price for echo hill is expected to be at least 650k... COZ phase 1 ( 450k +legal fees+ minimum expected profit landed 100K) =580K? subsales? izzit logic to say? new phase 650k at least? so developer sales no problem as entry is low.. your flipped price really going to be stagnant for quite sometime coz you are selling future price..  if i bought the DSL from you for 750k.. can i expect like you around 3 years to appreciate to another 300k just like you.. dat makes the figure 1.05 million DSL outskirt? UNLIKELY RIGHT.. this was never a phenomena in previous years before 2010, things was great.. just this few years.. the price are crazy and unsustainable..

the real market buyers are workers middle class and upper middle..

I would suggest a mixture of shares and property.
You then have the flexibility to shift more to either side depending on the market.
Maybe 2 years ago, shares (foreign and local) and cash 30%, property 70%.
Now, its 50 - 50. for example.

So what should we do?

bearbear,

You should not be hanging here. Property investment does not suit your risk preference. If you are that pessimistic on investment, you can never invest in anything. You think too much. Or you should change job. Your job is affecting your life. No I am not trying to bash you. Just concern about you. Compare to other DDD people, you are way too pessimistic. At least they know when market collapse, it will recover. And it won't be RM100k in 10 years so little. If only RM100k in 10 years, nobody want to invest in property

In property investment, invest within your means. I agree there are some flippers who go for broke. Let them suffer. They will eventually. But for ordinary investors, don't expect to ride the wave at the highest point and get off at the lowest. We will never be able to time the market. While we all thought that the market is going to come down, they market may go up instead. We never know. Just like in 2008 Euro crisis. Everyone thought market will come down. But it just stagnant for a while and shot up