Haha wat if the market price dat time is 800k but the ppl buy at 700k? It's call gd deal instead of suiyi then haha

http://www.themalaysianinsider.com/busines...-from-wednesday

http://www.posterkini.com/bank-naikkan-blr...kuasa-16-julai/

http://www.theedgemalaysia.com/business-ne...blr-to-685.html

Increased 0.25% P.A

If 100k loan - 1 year pay extra RM 250
If 500k Loan -1 yr pay extra RM1250
If 700k loan - 1 yr pay extra 1750
If 1million - 1 yr pay extra RM2500

Most Avg income ppl buy house take loan around 500-700k ..
So in a yr pay extra RM1250 - 1750

RM1250 - 1750 is quite a lot for middle income people to pay...

Sept later another 0.25 increase, so total is 0.5

RM 2500 - RM3500 extra to pay a year.. u say a lot onot?

Since some bank loan just extend the loan tenure.. in the end buyer still have to fork up the extra MONEY for more longer years also ...

Seriously, a lot of ppl is still not aware of the 'storm' that's yet to come and still happily living a luxurious lifestyle whereby most of their things are on credit. When they feel the pain with a greater increase in loan, first thing they hv to cut will be all these things. Then next, business affected and all..

Don't you see cafe coming up like sprouting beans? But these are just trends... that won't last long. Just like bubble tea and burger joints. People eventually get sick of all these. I, myself wouldn't be able to maintain such lifestyle. Have to 'lim' kopi at home. This is just a small increase in BLR, middle income ppl actually feels the most pain I guess. Salary tak naik...

Yea, felt that there's a lot of ignorant people around.
They don't feel it bcos they're living under their parent's roof. Or their other half is the one who's paying it.
I have friends who's like jobless and yet they can maintain such a lifestyle and don't feel a pinch. Girls that demands their bf to buy the latest handbags costing 4 figures, modify their car, when they're only earning like merely 3k monthly.

Most of this joint target for gen y and gen x...only them willing to spend money like no tomorrow and they are
the biggest consumer.
Sooner later when people no longer afford buy property they will shift the purchase to fancy car and spend more on lifestyle.Mentality for them is when u earn hard u must spend hard..no money then use credit card first

The job cut may have to do with Nokia issue, instead of US economy.

US economy is growing at 2~3% which is considered ok to robust pace
Payroll number show >200K job created last few months.
Jobless rate declining
Stock market at all time high.

+ 1
I foresee our future lifestyle will near European youngster.
They not keen on ownership and prefer to rent.
This is good news for homeowner

Erm u r totally wrong..

I never spend on liability I only spend on asset..

I can't buy asset if I in that kind of category. They are my biggest client

I never fancy big car and luxury lifestyle but I not deny I often went pub for drink

Capital appreciation always is the main reason...rental only to serve interest.
When I bough I will go long term as rental will be the plan to serve bank interest. Ultimate goal will be capital gain.
Will sell once good price and reuse the capital to reinvest. I never sell when I not foresee buying so tenant very important to me. Monopoly game, when u have 4 green u convert to 1 red ...but I still in amateur level la

U see, now gen x and gen y actually is lack on financial wisdom...I won't say financial education because they are all well educated.
They will spend on liability and lifestyle instead of asset...if they buy house most of them is for lifestyle n not for investment. This u can witness why studio can sell at very high price because of the facility and the lifestyle that they can enjoy. 
This spending habit is so much difference with baby boomer..because of globalisation it is easier to go from one place to another..so most of them now don't have sense of root which chinese value so much last time.

If look at they financial statement , all of them is unhealthy debt..major debt will be on car loan n credit card..

Slight pain will be felt when subsidy rationalization kicks in coupled with several rounds of adjustment in BLR.

I read in the news paper saying that GST ll lighten our burden...then why fear GST???

Many of this gambler. They will affect your house price. Actually the reason our house price went up is because of this gambler. So if it went down also because of this gambler. Damn!!!

First u must learn no to be greedy unless u very loaded.

For me when time to sell is when your bank instalment left with 15 months of your reserve .always make sure up have more than 1 years reserve for instalment..start to rent out cheaper price so that your reserve can last longer..

Sell at minimal profit if reserve less than 10 months... Do t greedy coz selling proses can took very long.

Don't forget to pay your instalment...relation with bank very important..when borrow u pawn your credibility.
You can't go anywhere without credibility.

Be fierce when u confident and most important when u think u can , be safe than sorry when luck not on your side.

Then, why many DDD keep on upload articles published in the paper here???

Don't say like that , I purchased my property last year November 2013 ... I rented it out on January 2014 not because I fail my investment , just wash hand only.

Nokia is losing market share and not as dominant as last time.
PC maker market has been "eroded" by tablet. this source is from MBA cherroy?

The trend is changing.
Those early and adopt well in smartphone and tablet flourish, while conventional PC market that fail to take advantage of the smartphone/tablet/cloud services are left behind.

Even overall economy situation is good, there are job cut as well, due to
individual company/sector is not doing well
restructuring of the company
etc reason.
like this no economic is bad.. better read up on "Overdose in US"
Now you hear the job cut a few thousand staff, ten of thousand staff, but when the corporate hiring back time, they do not announce big. why dont they announced? very shameful to take more man power?
So we can't always conclude just there is news of job cut by MNC, then economy must be in doom and gloom. are we going to conclude that economy is good then?

Hiring, retrenching are part of cycle of employment situation.
We can't always read the bad news, while ignore the good data.
Situation may not as good but not as bad as well.
like say nothing at all.. like property getting alot in Malaysia, but birth rates also catching up.. so to say oversupply , we are not coz we have not reach 30 million property yet..  so based on overall result property are still under supply.. that is why we need to built more and buy more.. but why government still impose restrictions on property? like RPGT, DIBS, foreigner consent.. I know the government and the public failed to see what cherroy sees.. or maybe government is itchy hand simply impose rules

The analogy is like we have plane crash, car crash every year, every day, the label it is dangerous to ride a place and car because it can crash. 
Out of 1 plane crash there are 10 million plane landed safe.
Out of 1 company retrenching, there may be 100 other company hiring.

So in order to judge the overall, macro situation of economy, you take the total. yup GST is being implemented in all over world, we also heard news from gov GST is very beneficial.. based on most country implemented GST and government says it will lesser the burden, means overall GST effect is good in minimizing economy

The overall job created  >200k per month speaks all the economy situation.
The all time high stock market speaks how well the overall corporate profit is.

Not all GRR type can cover 100%. I survey , I book , I buy , I rent.  DIY , sometimes u can't just look paper only.

Well , now I send u 2 paper. Take a look , got my name on it to PREVENTING people say I steal photo. Hahaha

Bear bear! With this kind of mind set, this one will die, that one will not survive! That's why u missed to get the ascotte boulevard as u mentioned yesterday.
You're totally not ready to buy n intentionally keep waiting.

Bear bear why not apply prima 1 home? I think some location not bad le
Facility wise also ok I think better than semenyih condo la