I remember many DDD including icemanfx said when QE is tapered, the market will collapse.

QE tapering started 1 year ago and officially ended now. Why I don't see any effect one ? Stock market, property market around the world like takda rasa one ?

If only look for so little discount, now also got lah. Just have to actively look for it. Look into auction property got even more discount than that.

If really start crashing in 2015 and you buy in 2015, then the price will fall another 10-20% in 2016. Then another 10% in 2017 and bottom. You will lose out another 20%-30% woh....you will lose out the opportunity to pick big dead chicken

What if the price never fall in 2015 ? Will you still buy ?

Ya, many DDD cannot answer UUU's questions. Simple reason is because the market still never DDD after 5-6 years of debating

I think some DDD like bro iceman is very afraid to see our reply/questions to them. It must be very hurtful. Majority DDD has left the discussion because they knew they have missed the boat. Condo price from RM200k to RM600k now. Even if the bubble burst, they can't buy the same condo back at original price 5-6 years ago

Ya, can't brain if those condo drop price to that level.

To expect bubble burst, something got to happen to our economy

--> economy bad --> recession --> unemployment --> people cannot service loan --> fire sale

What will cause Malaysia economy to collapse ?

1. Economy strong. Now growing at 5%+
2. World economy no major bad news like 2007-2010 period
3. Malaysia banks no more easy credit to cut high debt issue
4. Govt debt down (see below link)
5. US QE tapered without incident. Now Euro and China start their own QE
6. Interest rate stable. USA rates remain low despite tapering
7. RM stable. Forex reserve strong very low risk of attack


DDD got to be realistic. Bubble won't burst out of nothing. Looks like something extraordinary has to happen to fulfill DDD's dream. Like a Nuclear war. Otherwise, look like DDD will continue to be disappointed

http://www.themalaymailonline.com/malaysia...points-says-naj

This post has been edited by Showtime747: Oct 30 2014, 07:30 PM

I am a BTC. What I knew is the price DID increase a lot, and didn't come down

If you are a real economic student, perhaps you may want to explain the phenomenon ?

If you are talking about "price adjustment", you could be right. But that will also closely tie to economic slow down.

If you are talking about bubble burst, please tell me example of countries' property market collapse without economic crisis. Recent ones are USA (sub-prime) and Spain/Greece (country close to bankrupt). And give example on malaysia's experience as well

Like I always say, for own stay first house, don't time the market. Buy the house you and your gf like and affordable whenever you are ready

This post has been edited by Showtime747: Oct 30 2014, 08:30 PM

Yes, talking to you for so long, I predict you will not buy in 2015. Because there will be new bad news in 2015 and you will be easily influenced and delay for another year



Super bull run (increase by 30% pa) is over because of no more easy credit and government intention to reduce the growth rate.

So, now back to "normal" years, where growth is 5%-10%. Unless economic collapse, then property market (along with all other market) will be affected badly

If your target is RM500k, every year will still increase by RM25k-RM50k. You want to pay RM50k for nothing ? RM50k can buy how many Iphone 6+ ?

Cow head not fit horse mouth

I take it you cant find any countries property bubble burst not related to economic recession. Ie your "theory" is rubbish

Just think for your own case. If you have a job, you can afford the bank instalments. Why would you fire sale your house at 30% discount ? If everybody has a job, why would the house price come down ?

So unless there is economic crisis and people lose their jobs, property price will stay there. And looking at current malaysia economy and the world at large, DDD will be disappointed yet again.

Because DDD has missed the boat, they keep hanging on to their false hope. As for bro iceman, he sold his house too soon and now cannot afford to buy back the same house. That is the price he paid for timing the market

You and your unproven "theory" again

Show us some data and evidence lah

Boss, the DDD like iceman is so desperate they bluff himself that every property buyer is accumulating loans up to their nose level. All the banks are so desperate they give out loans to even beggers. He manage to convince himself that property market is going to collapse because of sub-prime loan in malaysia which is worse than the USA.

Your kind of people who can pay down the loan even before VP is non-existance and exist only in fairy tale

Wake up iceman ! Subprime is the story that happened 5-6 years ago in America, not anywhere else !

So I treat this type of 1 line unsubstantiated comment as "rubbish theory" that DDD use to console himself that the boat they missed will come back soon

Although it is a fact, but he can't believe you because that will crush his last dream.

I am suspecting he is getting more and more scared, afraid and demoralising to read this thread. That's why he doesn't reply to my comment often. He can't dispute facts. He can only pluck something out of the air to justify his "rubbish theory"

Bubble still no sign of bursting...

bearbear, KV is very big. So depends on area, the price difference is quite big.

Don't confuse yourself. You are buying only 1 unit for own stay. So identify a few properties which suit you and your wife lifestyle. Then monitor closely. When there is a unit up for sale / launch, quickly go and buy.

You don't buy the whole of KV area

They can't refute your point. So act blur loh....

Ya, buy them whenever you are financially ready. Don't time the market for own stay. You are just gambling if you do that

If you want to wait for price to come down, the economy has to go into recession. When recession, wide spread retrenchment will force people out of job and cannot afford bank instalment. Then people will force sell their property. If people got job, they will not sell their property below market price. In fact they will buy more as time goes by with their salary increment

Economic recession is nowhere in sight. So, chances of property crash is very slim. Don't wait lah bearbear. You will only end up like so many DDD who has disappeared. The longer you wait, the harder you will buy --> "missed the boat syndrome"

Missed the boat syndrome

When a prospective property buyer defer his decision to purchase, it will be more difficult for him to buy when the price of the property continue to increase later.

For eg.

1. The current property price is RM500k.

2. The prospective buyer makes a decision to defer his purchase in hope of the price to decrease or at worse stagnant

3. The property price increase to RM550k

4. The prospective buyer will feel that "oh no, I could have bought it cheaper if I decide to buy then", "same goods is RM50k more expensive now", "not worth anymore", "no face if I pay RM50k more for nothing", "seller profits RM50k from me for nothing"

5. The prospective buyer will convinced himself that "price will crash", "there are always other property for me to choose", "I still have time", "don't rush buying decision", "let the owner suffer when price crash"

6. But the price keep increasing and market price is now RM575k

7. They will feel more resistance to buy because the property is labelled deep in their mind for RM500k only.

8. They will start to convince themselves bubble is getting bigger and bigger and will soon burst and price will come back down to RM500k. At RM500k, they will not hesitate to buy this time

9. Then the price increase to RM600k, RM625k, RM650k.....

10. And become harder and harder to accept a property only worth RM500k is now 30% more expensive. No way they are going to pay RM150k more

This is the "MISSED THE BOAT SYNDROME" suffered by the DDD here

Gold ? Why not bring in forex and commodity like crude oil as well ? No more argument on property ?

So, you have any evidence on property crash vs economic crisis ?