QUOTE(bearbearwong @ Nov 4 2014, 08:38 PM)
bearbear, long term average for property in malaysia is in fact always up. History tells you so.
you mean , those newly vp apartments/condos are made of long term holding?
Of course. You mean those apartment/condos are like cars ?
QUOTE(bearbearwong @ Nov 4 2014, 08:38 PM)
There are many rich fella who retire on a few properties in hand collecting rental. I have a friend who even hold >100 properties.
no one is denying their existence, same token you should not deny that the large majority are not we are saying around 70% of Malaysian population..
further to that, we currently stop at 400k to 800 bracket, means demand no...
Looks like your aspiration is only to be average. If you intend to be the average joe, then accept that high end property price is beyond reach
High end condo is like branded bags now. It is not for the average
QUOTE(bearbearwong @ Nov 4 2014, 08:38 PM)
You are still young. Haven't seen people thriving on property. All you see day in day out is only bankrupt people. You live in a small gloomy world of your own. Don't be a frog in a well
again how many percent are there? and Important question is does those ppl include you? for all I know even one ahs double of you currently have also also cant buy new generation shop not even half.. if you maximize it and owning shops , means you are under heavy loan
you mention you are playing rental game, beginning wondering what kind of entry you are in
Again, if you aim to be average, you will lose your dream. You should aim to be the top 5%-10%. Then you will see things differently.
You want to know what type of properties I have and how many I have ? Like last time you ask me to show you my "Ccris" ? After I show you 1 of my bank statement you said "sorry" ?
If I show you again, then you will ask me to show you the cars I am driving, the watches I have, the diamonds, the holidays I went to.....? What purpose does that serve even if I showed you all ?
Grow up bearbear. In a forum, it is not how rich you are. It is whether you have a point of not
QUOTE(bearbearwong @ Nov 4 2014, 08:38 PM)
and I think one has to live in the reality and not inflated, properties price today are inflated not normal growth you alleged now that 5-10% bull run has over syndrome...
bearbear, inflation is a reality. It is you who refuse to live in the reality that the property price is already reach that high. Just like you refuse Wan Tan Mee is already RM5. You still hope Wan Tan Mee will drop price to RM4.
If you keep on dreaming the price will fall down to meet your expectation, you are the one who is living in illusion