yaloh yaloh....that max fella simply say one....price sure drop next year by 50%. Because no demand mah. How can price not drop right ?

standard BBB, any other than bubble.. coz just admitted low demands in property... what and why waiting.. low demands, investment looking dark.. price ceiling... instead of paying more loans, better think fast...

erm...i dont get you? actually u are so upbeat and angry at government, speculators? u can buy any property even starf rom 20-40k u know?

Lemme assist you:

Google CIMB property mart....they have category for auction less than 100k.... no need so frustrated bro...

my wife buys an apartment 2 years back at 215k in shah alam and now agent offer 330k++..

me buy ard 275k but got offered 350k ish still reject...as the rental rate is more worthwhile than selling now...

u need to start somewhere and trade up....my parents 1st stay ina a single storey house and only then they trade up to a bungalow... even my wife too....all ppl start somewhere small....unless u have a rich parents thats willing to sponsor ur 1st landed prop in a strategic location in klang valley...

indeed u are the 1 wait for help and renting.. chinese said "dont have big head dont wear big hat".. u mayb need to reconsider ur false interpretation toward other property buyer all are flippers, wild assumption they will act like u to borrow till nose level only can fire sales upon vp.. now the "subprime applicants under dibs" almost not valid as ur point for fire sales.. unless none of it vp after 6 years since it introduce..

ok ok....since bearbear say so. Next year drop 20%. Goodview upon VP got 1 flipper cannot tahan the subprime loan and sell his good fong sui facing south next to playground unit to bearbear for RM584k (exactly 20%, no more no less). Then in 2016, the price follow showtime747 increase by 10%. Then as predicted, super bull come in 2017 increase by 30% and in 2020, the market price become RM1.3m

Sui arrr....Huat arrr... bearbear !

bearbear is better than the greatest student economist

+1

this type of property no class, why border? he wan bmw at camry price, not 20year old kancil.. If high income earner like him buy those as home u think he dare to invite his peer with professional title go his house warming ar?

from this I know already where you are coming from... you see, the property price are due to speculations, from the majority comments above you know they are denying the speculation activity..


if you guys support the base, they will be hoping you to upgrade some time after, i.,e taking heavier debts for their expected profit... you be forever debt bound by speculation scheme.. not to worry, these activity affects the Chinese the most, and these areas are extra 10-20% more expensive than any similar properties/built up /year/facing, just because speculating..

sad enough current prop are subsales at 400k to 800k region, and demands lowered, transaction of course would have lowered.. (confirmed by many news), these jokers are are servicing properties loans and maintenance... they are at hard time too, but still not letting go their 200k at least expected profits.. these groups holds the 300k chips prop like your wife did, so rental could have cover or enough.. that is why the confident here... but those holding 500k like Midfields 2, green residence 700k, and etc can only be for ownstay... but by having more more ppl buying 500k, 700k bracket, they feel secured, coz how property will drop we got 700k and 500k ppl be our vanguard..

that is why the spurr here.. and apologies for any unintended words blurted out..

Bear2,
BNM going to announce BLR rate tmr again. What is ur guess this time?

man you still dont learn, grown up? 100k facts solved? need counseling or not?

Of course increase by 2% at least !

Government will bulldoze the market price one...

Counseling from a person who need counseling urgently himself??

I find it more fun when bearbear is under stress. That's why I look forward to weekend. But today is a bonus !

see how Yellen says..

I cant guess.. but based on the papers, not increasing till Jan 2015 (emphasis added based on other ppl )

haizz, 25 basic points, keluar masuk starbucks settle di..

erm....then no need join them in the neverending rat race ler bro wong... theres an old proverb saying...leave below your means....and i know a ;lot of aging ppl too that become wealthy and respected man in society by saving prudently, invest cautiously and live life simple....

i rarely meet ppl that is addicted to overleveraged debt and become rich....if i start hearing any of my frens or new frens advicing me to take a big loan for new business that they dont have experience or investment that they are new....i stay far far away...

the higher your appetite is and more than your income...the poorer youll be in the long run....

Bro, just some background info. His parents has 5% share in a 200 acre plantation land in kajang bought in 1960s. They asking RM700k per acre. So he is a rich guy

Problem is, there are 20+ owner in that land. Owners are old and pass away 1 by 1. Children of the owners go court. Land cannot sell since ages ago.

Basically is "can see, cannot eat". So bearbear on paper very rich, but cannot cash out. And have to rely on his daily job as a re-possessor in law firm. Now cukup umur to kahwin. More pressure from in-laws. That's why blaming all the people for "goreng' the house market. Instead of buying something he can afford, he is waiting for the market to fall 20% so he can afford his dream house

That's is the bulk of bearbear story...about there lah....

ur eyes only able to see house selling at premium tags with brand new, big build up, red brick, freehold, chinese area, etc.. u can't blame on others also because ur nature of like to bet on ur own destiny.. we still need the house for ourself, as saving for our children eduction fund, our own retirement fund.. u have a lot of time can wait la but not all have same luxury like u can wait forever leh..

U forgoten to add on Bearbear always tell people he know law and in law lines, but he is not lawyer..may be judge gua

owh....then maybe ayam not qualified to advice ler...ayam just poorfag lowly peasant worker...can save salary every month 10-20% and live in peace without so much debt ayam already happy....

serve as a good notice to stubborn readers.. same here, the herds are taking loans and refinance it further and keep rolling the money...