Investment PROPERTY PRICES TO KEEP RISING, Government increases all Prop Biz Costs
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 Aug 1 2014, 03:30 PM
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Senior Member
2,294 posts Joined: Sep 2011 
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QUOTE(JamesPond @ Aug 1 2014, 02:32 PM) if you say cooling down period, why I still hear new projection is going for 3500psf? if no cooling down it will be 5000psf lor..    |
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Aug 1 2014, 03:32 PM
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Senior Member
4,526 posts Joined: Mar 2006
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we are almost near hk. if this continue.
so you all that do not own a house now will stay in a cage soon. |
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Aug 1 2014, 03:44 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(bearbearwong @ Aug 1 2014, 01:51 PM) showtime, this part of accounting bullet proof meh? did not know corporate governance and Non executive directors, internal audit, and external audit are doing work so well one? bro this is Malaysia... land of dreams where everyting is possible.. When a person wants something to happen in his favour, he will think of all justification to prove his thinking is right.how Lehman brothers come down? all also international standard what... how they cheat? is is not to say we speculate something in proof but to say it is bullet proof is not right... There are certainly some accounting fraud cases in the world. But you choose to believe the overwhelming minority to represent the general practice of most responsible companies. 1 company may manipulate the accounting, but look at all the property development companies' on KLSE. A glaring common observation --> their margin is not as good as those people who can't afford a nice house thought. The article on the first post has detailed out the reasons of erosion of profit margin, but the DDD of LYN refused to believe. Just like all consumers always thought all bosses make tonnes of money. No surprise to me at all. It is up to you bearbear. It is your money, your choice of house, and you pick the time to buy. It has got nothing to do with me. I thought you are a nice guy and just wanted to remind you the possibility of you not being able to own a house in your lifetime. As I have said numerous times to you (I don't even bother to repeat twice for other people), you are timing the market for your own house (not investment) which is not a very wise strategy. If you still hold on to this mentality, I can guarantee you the price will eventually run away from you once again and you will cry like those people who chose to believe bubble bursting 5 years ago And you will face more difficulties after that. Just like many DDD who missed the boat since 5 years ago. A condo they eyed used to be RM250k, and now it is RM600k. It will be doubly hard for those who missed the boat to commit something which they had the opportunity to by at 50% less. The same story may apply to you in 5 years time |
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Aug 1 2014, 03:47 PM
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Senior Member
2,695 posts Joined: May 2007 From: Prison Break 
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Instead of rising, I would say stagnant.
No demand how to rise? Loan unable to approve, price is also too high for genuine buyer.. TS maybe too positive due to influence from developer  |
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Aug 1 2014, 03:47 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang 
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