im not missing the point, im suggesting if he didnt buy/missed out in subang jaya at that price, there are other options much lower than rm600K++ in other area he can buy.

Agents are not wrong. They also cari makan ma. If not, they makan apa? Blaming on agents is the same as blaming mlm/insurance agents. U should be the one who do the survey, calculation and decision ma. To buy or not to buy is smth u can control but flippers/speculators are what we can't control thus, we need gov to control them. Else, semua goreng the price to rocket high the we or our future gen will only afford to sleep tepi longkang.

OK ... lets put in persperctive about this thread .... The interest rate (IR)

Yes ... up by 25 basis point doesn't count for too much in monthly installment.
But this is where the speculation begins. Why? and What will happen?

Why?
It has to do with foreign exchange rate. If BNM maintain low IR, there will be a shock to the economic system when USA increase their IR. Hot money will leave our shores and price/inflation will increase. Ppl will suffer when food (& other stuff) prices go up. Property too.

Not too long, hot money left the emerging markets but BNM managed to fence of drastic exchange rate movement with our foreign reserve fund. BNM cannot afford to rely on that ALL the time. So interest rate must go up.

Many economists are expecting USA to increase their IR after tapering but still very speculative. Chances are very high.
That's why BNM increase it GRADUALLY ... 25 basis point at a time. That will depends how the economy is doing and adapting to the increase.

Imagine when USA increase interest rate and BNM suddenly increase 75 basis point the next day .... the shock will shake the market.

What will happen?
IF and only IF BNM keep increasing IR in 3 times at 25 point each time. It will slow down the market for sure but the expectation of increase prepare businesses and speculators to the event. NO shock to the market ... but how businesses or individuals with high debt ratio survive .... more will die. Others with strong income or cash holding will survive. So it depends on own financial ability.

So the significance to IR increase is the beginning of what's to come. It may not show any effect yet but it'll be show in time.
Question is 25 basis point x 3, is it enuf? How much will USA increase their IR? That is yet to know.

it has always been a mere guiding views rather than you must.. readers as have been agreed are not blindly listening, in fact many i believe are sharper in mind and observation than we are ..

Haha I have no gut for studio le even tempted to buy 1.. Very difficult to sell and only more on rental game

will keep that in record..

but it's true....agents are the cause for all this. you look north, south, east, west....all also because of them it seems.

Well I not sure whether is a good deal anot..have to depend on people.

The most recent I bought is in midfield 2 sungai besi by ytl...1100 sq ft , tandem park 535k,
My wife bought same project rm495k but 1 car park ...

Bearbear u think this is a reasonable price or goreng price?

This post has been edited by Jliew168: Jul 13 2014, 12:48 AM

Liveable house in klang valley is still a lot fall below 400k but wannabe house with only certain address, size, environment then only can blame to themselves lo, that is their wants then just pay for it lo. Let's not forget this is willing buyer willing seller condition, no 1 was forced to closed the deal.

I do not know how studio will do in the future. hehe..but now, primary market HARD...secondary market also HARD...even the auction market also HARD...HARD to find and get good deal.

That wan of course la, but we r talking about that particular property ma. Plus, I believe he has his reason y he choose that particular house at that particular address. U think ppl buy property never survey and consider de meh. Of all places, why he choose that? There must be a reason to his decision ma. Again... The main point is the property price increase from 370k to 670k if he didn't buy. Now, he bought d and his asset increased to rm670k for a 370k liability.

+1. this is one of the hottest projects around, and you got 2 units.. this in my opinion is a very good investment.. after we seen MF 1..

congrat..

+1. it hard but not deadlock yet. For subsales can move their units, if in any event the profit margin expected are lower.. primary market once launched, price cannot go down, it will not look good.. auction market gotta use back door.. 5k to 10k deal can be secure.. i also heard can do like this one.

I believe Not all la. I'm in the midst of buying my 1st property and it has got nothing to do with the agent. In fact, I love to deal without agent..

real experience from Mega Auction Event yesterday...all targeted properties were sold double the price of the reserved price.

This post has been edited by kh8668: Jul 13 2014, 12:54 AM

im thinking who will buy from you for that price plus top up.....hhmmmm

the quality also so so

This is a sincere advise...I think u r well prepare financially u r mentally not ready to commit..

Midfield 2 still have one block haven launch u still can buy but the price might difference. If not sure
the new pricing is ok anot. I not encourage if price too high.

If u interested then u have to mentally prepare coz ytl might allow you few minute to choose for your unit or else you have to pass your q to person behind.

For me, I bought because the price is ok for this size and location still in acceptable area.

yup

in paper only....in reality, if he choose to sell, not sure how many takers. want to recommend to zuiko as he is desperately looking for cheap condo for his gigolo friends...but i think rm670K is too much for him.(if your friend decided to sell)

Are u sure u are positive on this? Under current circumstances of sky high asking future price and excessive supply many more to come?
Lets not forget another round of interest hike is expected around the corner, and many more to come with the signal of US/china/global economy sneezing.
Feel like not the usual u already.