bearbear, people not don't buy. They can't get loan only. Demand is always there

I told you I have contact in MOF. He told me they are under constant pressure by the UXXO warlord. Next year BNM will re-open water tap.

You will be disappointed again...

Ya, he is the one. Don't know how is he already. Gold price fall 40% ? Great advice from the DDD where he lost money in both gold and property. I think until today he still don't know what is happening to something "sure to happen"

Bearbear is Debtismoney of today

LKS never time the market. When a market no good, he sell and invest in other market

You gamble 1 way only.

So you are better than LKS

bearbear you have short memory. I wrote at length on this "sub-prime in malaysia" is not a sub-prime (refer to post #2 of this thread)

Get loan to buy property got 2 hurdles :

1. 15% deposit
2. Monthly salary (usually 30%-50% DSR)

No 1 is the killer. Because it takes years to accumulate the 15% deposits

No 2 is easy. Many graduates partner with spouse already qualify. BNM raise the DSR to make it difficult.

So, when tap re-open, hurdle No.1 is clear. So make it very easy to get loan. No.2 will also be relaxed.

I agree with you what BNM is pressured to do is not the best policy for our economy. It is risky. But that is what MOF and BNM are pressured to implement by the people "in the corridor of power". You are talking about the rice bowl of these "people in the corridor of power" worth hundreds of billions

Our life most of the time is not our choice. You just have to follow the flow. Otherwise, you will be just a whiner in a forum

His gf.

That's how she PMed zuiko her phone number and everything started....

Nowadays to buy a property using sole income is very difficult. Have to joint income only can afford.

If Madam Bear doesn't want to joint purchase, bearbear cannot afford his target house for sure.

Unless he bribe the banker/valuer/lawyer etc which the DDD claim is rampant

Definitely will affect malaysia

Remember last time USA in crisis, they also start their QE1, QE2, QE unlimited ?

Then it affected malaysia and the whole world. But I don't mind Japan (China and Euro zone too) do the same thing to us

QE is like steriod. We know it is bad. But everybody loves it (except maybe DDD)

Hope this round the DDD will not regret 5-6 years later they miss the boat AGAIN like in 2009 !!

Ignored. Not relevant. Trolling.... (because not to bearbear's favour)

Launch already meh ?

This one the proposed price so cheap real or not ?

But the location everybody say jam

With the proposed RM400k-RM500k, 800+sf, before launching all kena sapu already bearbear.

You change your job lah. Affected you too much. Really no good for you. Pessimistic on everything

Waste my gas to argue with someone extremely negative

You can stand where you are. While others all continue running

Just not too long ago, you claim the property developer company all making obscene gross profit margin like 300% (cost of construction RM150 psf, Selling RM500 psf). That's why the property price is jacked up by these unscrupulous business which make tonnes of money.

You got to make up your mind whether property development companies' GP margin is good or not

Don't simply claim 1 thing today, then tomorrow claim the opposite leh. Shoot yourself in the foot ?

I don't mind. He is good entertainment

I tabled out the Net profit margin for a few KLSE listed property developer last time. Their profit margin in only about 15%

Those are numbers from audited reported submitted to KLSE. Cold hard figures. Not my opinion

So, is property developer good business or not ?

Last time you said they good business earn fat margin. Now you say EPF hedge fund don't want to buy ?

Which is which ? Ghost is you, human also is you

So you ghost or human ?

You can ask your question here

https://forum.lowyat.net/topic/3381356

your figures very close

Selling price RM530 psf to get 15% margin.

High end, better material, so psf higher. Lower end, not so good material, so psf lower. Give and take, so about there

Why not you compare with Sarawak jungle there ?

Everything is different. High rise/low rise, land cost, design, material selection, gated guarded, concept, life style living, material supplier etc etc

The 15% is figures reported to KLSE. Not I simply say one

Very difficult to have meaningful discussion if our knowledge gap is so much difference