I think in 2012 and 2013, DDD accept 5 and become BBB.

But in 2014, I think DDD will tell you that its at stage 6 :-
6. Bubble is bursting - not much transaction in subsale. Flipper are caught. In 2015, GST is causing no spending. Business are getting worse. Boss of business holding a few property are forced to sell at firesale price. Also due to household debt at 86%, less spending outside. Business getting from bad to worst. Many business bankrupt. Bankrupt boss holding a few property go into auction. New property launch are getting less buyer. Those thinking of renting out face the problem of unable to rent out. More inexperience flipper who join property guru unable to serve their loan. More hardship coming. GST coming. Petrol increase. Inflation. Every price go up forcing the flipper to sell their house at lower price. Other flipper seeing this flipper sell lower, then they sell even lower. Transaction price getting lower. You don't see it go lower very fast. It just go lower slowly. And without realising it, its already 50% off. OMG!!!

Hahahahaha.. I think its what current DDD think. LOLOLOLOL

But for me, I think 2018 will herald a new price of property. Huat ar !!!   

I learn something from here. That is to be patient. Later bought wrong property lagi marfan. I have property in Penang Island. But now targeting mainland because its cheaper. But some area is foreigner infested area. Some are flood area. Need to check properly. Also got one Zero Lot Banglo which have lorry workshop behind (noise and pollution?).

Also I learn that we have to go there few times to check out the place. 

What so special about u ? Is ur father listed among top 40 richest malaysian ? or U r son of some Minister ? why ? u cannot loss job, get pay cut, business get into trouble, kena con & etc. 

STRONG holding power 

Service loan mean principal repayment or interest payment only on flexi account?

Are you seriously prepared for bubble?? God bless you. I can't even see how bank could approve your loan unless you say your OT is twice of your salary.

Is it urban suite? It's right next to huge Indah Water right?

Fuh, caya la. You buy new launch or subsale? Tunjuk ajar sifu.

bro you using padang serai kedah to gauge the lifestyle, expenses, needs, property in KL and klang valley?

guys, one question...
newly launched condo rm750k. say in 2018, the price is 1mil. can the market absorb? property price is increasing, but not our salary. what will happen to the market in 2018?

in paper yes.. to BBB plesae be minded that a few out of some 300 units transacted with 800k does not mean the asking price is 800k or around that figure... if the remaining owners think like that or been influence by agents thinking like that, then ur property will stuck there .. first hurdle by doing so is bank valuation.. due to mark up by agents..

why not choose better way such as selling by your own and disregard agents.. the time put in are really worth that extra 50k mark up to agents.. unless you are just too busy till 50k does not mean anyting to you

like Soros said " i may have dropped 1k USD, but for me to bent down and collect the said 1k, i am losing few more thousand in the split seconds" other than this category.. owners act on it..

on paper yes. but u think got buyer? maybe will take long time to sell.

the bankers also very noti and anti speculations... our intial installments are more to paying interest ration rather than than the  principals..

coupled with maintenance, quit rents & assessments, electric, miscellaneous, lawyers fees, down payments, penalty for locking period penalty 2%, agents cuts.. hmm really really bo friendly

you should get buyers like me... hehe..

i think you are quite wrong.. many owners dun even know about this, i had 5 cases after redemption statement out still short despite they sold above their purchased price.. still dunno..

the risk you bare if you are new entry (buying prop at high price such as 500k mark above) is that:

a) units getting old and thus lose competitiveness (this is an undeniable fact most location with old properties will lose in rally for few laps, perfect examples is the the frequency of potential buyers calling agents/owners for house viewing)
b) inability to rent/ bad rentals
c) no valuation/ most case less than 80%
d) bank negara strict DSR borrow limit 70% on nett earnings (after minus all other commitments)
e) RPGT
f) penalties for locking in periods
g) lawyers fees
h) stamp duties both loans & S&P ( easily cause 20k to 30k for a 600k property)
i) bank's apportionment of installments to cover interests
j) high down payments for subsales properties
k) interest serving periods for new property (burned interest)
l) size, appearance, facade, location, surroundings (you may have all the good criteria but examples like Venice Hill property)
i) etc

i shall say despite all the above mentioned, i am/ still ion search of my property.. dont get me wrong, investment in property can be a lucrative gains, but the climate now is not good, if you are made of weak holding power.. hmm

hey do check with your bankers of the redemption statements, i tink cause less than 1k or 500.. see my friends got bs me or not...

bro baru 27 years old only lehhh...  in cheras, there are shopping malls open , then bankrupt, then reopened, wonder what happen to the property? and some newly open also dying.. ppl who failed in business dunno how their house? times square whole 3 rd floor all tutup di.. lowyat, UOA Jalan Pinang, Megan Avenue 1 and Megan Avenue 2 Yap Kwan seng..

a) viva mall
b) Cheras sentral
c) 1 shamelin
d) South gate
e) Salak south
f) Axis Atrium
g) Kenanga
f) etc many i posted b4

not a good indication after all shopping malls bad move..

not aiming for so high la.. mostly 200k max single storey. ( not new property)
new property fren buy 300k double storey <-- damn cheap

Plan A : buy now, rent out ( very low chance ).. tahan 5-6 year sell out
plan B: cannot sell, future let parent stay ( not from penang,)

still considering..

ya GST also.. wann buy before  GST implement.

My lawyer kawan say very doc need to add 6% in process but can claim back  (dono how yet)

wow.. this thread either is alot of penipu scammer or damn richfag over here.. 300K cash!!! really?? service apartment?? reallly???

just my opinion, not worthy..
y not take flexi loan and dump all 300k into in.. at least emergency case u can korek balik

if you talk about condo, its even more worth it to rent then buy. occupancy rates of condos in Penang island is at an all time low

there comes a point in time when renting is a better option then buying. A good example is Penang.... a 5000sqf bungalow can rent for 1-1.5k, but to buy is 2mil. you can rent it for 30 years and u still only spent a tiny fraction of the amount compared to buying it yourself

i have 2 grandaunts living in Penang....both are 70+, each have a bungalow in a decent location in Georgetown....last year, they both sold thier houses for about 2.5mil each...then rented similar house in the same location for 1.5k per month. imagine that...they now have 2.5mil cash in thier bank accounts, to pass on to thier kids, while rent is only 1.5k per month.

its not always black/white.... buy is better then rent, always depends on circumstances.

Maybe he typo mistakes lar....15000 instead of 1500 lar...

scary leh.. kl only ands elangor only not including all yet.. landed also havent sked maa icemanfx