The longer u wait, the harder to u to buy one in future. Dont expect people to sell u low. Imagine yourself in their shoes, will u sell lower later??? Why must sell lower?? If economy is bad n affecting them, will u think during that time, will u be affected also???if u r affected, will u still think of buying a property??? Or rather how to survive....

U dont compare spain n malaysia. It is different. Spain can win world cup while malaysia cant even get thru the qualiflying round.

If 1997 crisis repeats....there could be some cases as many financial trapped people may want to off load their house fast. But u must ready with cash to catch them. They can give u 400k provided cash buy. But in a crisis time, u dare to spend 400k to buy???

If u cant offer cash, they wont wait u to go look for loan as probably they have gone bankrupt or kill by ah loong while your lian is still in processing.

So, will u still think u ll benefit from the crisis? It ll do more harm to u than benefit.

The longer u wait, the shorter the loan tenure u ll be left with hence monthly installment ll be more n hence the lesser amount of loan u ll able to get n hence the lower the house price u can choose from n hence the lower quality n location yoy can choose from n hence the more frustrating u ll get as your neighbourhood is also full of frustrating n poorer people in general n hence the social environment is not that good n hence the resale value us not there n therefore it is cheaper hoyse that u can get.

When crisis come, oil price may shoot to the ceiling n u can imagine lar apa boleh murah lagi....

After cooling period, he ll miss the boat n left with a high price tag property to choose n with high interest rate n may be with less disposable income to live in.

If bank wants to squeeze u. U cant run away except u dont borrow. If more people putting more in the bank n less borrowing, bank ll bleeds, u know?

My philosophy is like this. I dont worries property price higher, I dont worry installment is high. I ll just buy n tahan for few years to 10 years may be. Then, I believe I ll reap the benefits. Why? See below.

if I buy properties (few units) worth 2 millions combine. My installment per month could be 10k a month. I will rent them all out cheap even to collect half my installment amount also never mind. So, let's say I collect 5k in rental n my real installment is just 5k a month. With 10 years down the road, assuming I dont even increase the rental and it is still cheap, I can keep all the tenants for 10 years. U think the 5k u pay 10 years later is still too difficult for u? The money value will shrink n may be 5k in 10 years later is sap sap sui for u already. Plus the 2 million worth properties may become 4 million or more.

May be u your annual income already more than 200k++ n the cheapest property at that time, installment already start at 5k minimum.

I have regretted my life didnt pick up a house in SS15/2B many many years ago....now it increased almost 300% liao...because that time if I buy, I got to pay monthly installnent of 800 n u can imagine now....if paying about 800 is it too difficult compare to last time???

beae bear...please be remembered. I dont have n will never have the power to spur the market nor to stir the market. This is just a forum to express opinions n I am not collecting fees from expressing opinion nor do I earn commission fron you or anybody if u buy or not buy.

I came from a poor family, I worked 4 jobs simultaneously while in college. I get to where I am today n having positive thoughts n mixed with the right (lots of rich n influential) people has help me build my wealth n confidence. I once are as timid as u all n have failed along in my life journey n I am lucky I can pick up from where I fell down. Investing in properties is not the way I getting rich but just a way to enhance my n preserve my wealth n using the people to help me build up more wealth. As I mentioned several times before, I buy not brcause I want to sell n flipped. I rent. I use others to help me pay my installment or subsidize my installment. In the end of the day, the properties is still mine. The worthiness of the properties may have double or triple. The bosses I met, they are way richer than me, they not using properties to make their wealth, but they using machineries, equipment, plants, factories etc....

there are more n more things in life that u have not encountered or seen before although u said u also know many datuks or tan sris....

My fulltime job is a banker with a foreign bank....we are giving loans in hundred of millions but not into properties loan lar .

so, I also have some ideas how bankers do their job. Wait one day, got chance I bring u to Club 33 at Marina bay to have happy hours with the bankers from around the world. They gather there....life is easy for them n splashing money like water is a norm to them.

I got several jobs under my belt....work hard while u can. On weekends, while many of you might be enjoying shopping or watching movies or sleep at home, I driving around to search for good properties n at night still need to go out working entertain customers or friends or even people I dont know. Build your network n connection. Very soon, u can jump out from the fire holes n can go pick up properties like buying sayur. If I see a good one n affordable n got potential to rent out, I can straight write a check for booking n down payment...why wait? Think too much sometimes ll confuse u.

U know the 7% controls how many % of the economy??? U dobt think that 7% only buying 7% of the properties...

Yup. That's the way....but not the only way lar...

Buy the house. If economy no good, lagi best. More people ll need to rent from u. More people renting, they help u pay off your house as u onlt pay a portion of the house price to own it eventually. If u got 10 houses, rent 9 out, afterall, u only need obe to live....after 20-30 years. U got 10 houses. But I guess if u can think like that, u ll not end up with 10 houses but more. Only God can tell how many...

Why worry so much? Did u go out to see if there are any aeroplane flying in top of your house as there are possibilities that they may droo down n hit u.

I am not against u to not buying nor rushing into the market. I just sharing to u that do not wait for property market to crash. That's all. Where n when to buy or need to buy or not, that's none of my business nor do I care about it n I couldn't really able to care even if I wanted to.

Just telling u that waiting property market to crash is like waiting TVB miss hong kong flies to malaysia to find u n tell u I want to marry to u.....

even if there is a major price correction. Those properties are not your cup of tea...example...bukit beruntung.

He is just a student...no???

Mr. Shaquenator,

This ll be my first reply to u n ll be the last one if you replying with a tone of condemnation n vengeance as if I have stepped on your tail or kill your family.

I have mentioned this is just sharing opinions if u know how to read properly n to take my opinion that seriously, I dont know what u scare of. Are u hoping the market to crash n if what I said here ll save the market n thus it ll defeat your hopes? If yes, dont be silly as if my words really can influence market, developers shall pay me instead of spending millions in advertisement.

I have not met anyone here in person yet except few forumers in other topics. They know I am not an property agent thus dont worry I am here to lure people buying properties.

If u r so poor that cant even buy a house, telling u to work harder is wrong, I dont know what to say anymore n probably that's the reason your stayed in the bottom 93%. If u r ugly, u still can go do plastic surgery to help, but if u r stupid, then, cant do anything anymore.

In your above replies, how can u think only can rent from me? How u know location is not good? How u know rental is high? How u know neighbour full of foreigners? How u know wall is worn out? Is this all come from your own imagination? If not, I guess u may have mistakenly replied to the wrong person. If yes, please say sorry n I ll accept it. Or u can follow the way dern do, u dont need to say so as u wish as this is cyber world. I dont gain anything too whether u said or not. But it just showing whether you ll admit wrong or not. Do u have the courage n courtesy to say so n by continue to reply whether to me or others, apparent or silent readers ll know how to judge.

thanks.

This post has been edited by Tigerr: Jul 12 2014, 11:42 PM

Yeah....I know how u feel. I bought a semi d in 2011, all my relatives telling me not to buy as price ll dip soon but I went against all advise n now the house vp n price has appreciated 100k n some agents want me to sell but I choose to rent it out instead but with a not so high rental because I want to keep that house.

again in 2012, I picking up a shop lot from people who had problems with bank loan n same again, people around me said tge same shit again but I went straight to buy it. Now vp already n agents called me there are ready buyers to buy it at 200k more than my purchase price but I declined as I only going for rental game n now has rented it out too.

2013, when I bought another one at melaka, nobody said anything this time because I ll feck them wrong again...I am not going for quick gain...just accumulating assets...

As I said, if u have any nice location with reasonable good price. Let me know. I may be keen. U can even earn some commission too.....this world is business...not to make enemies....if u can get me good kang tao....that's the best..

As I said. If one is stupid, nothing u can do. Simple as that. Your brother definitely not stupid.