the asset does not increase in value but the price you have to pay for it in local currency goes up. Generally devaluation of a currency leads to inflation, as in the country imports inflation. Especially in M'sia where traders are quick to up their prices, ie passing on the price rise to consumers. All goods have gone up recently, a double whammy of the GST implementation, and the weakened currency.

Thanks to ah jib kor - looking fwd 1 USD to RM 5 in 6 mths time.

quote=corleone74,Aug 11 2015, 08:02 PM]
the asset does not increase in value but the price you have to pay for it in local currency goes up. Generally devaluation of a currency leads to inflation, as in the country imports inflation. Especially in M'sia where traders are quick to up their prices, ie passing on the price rise to consumers. All goods have gone up recently, a double whammy of the GST implementation, and the weakened currency.

[/quote]

[quote=Soros007,Aug 12 2015, 05:37 AM]
Thanks to ah jib kor - looking fwd 1 USD to RM 5 in 6 mths time.

quote=corleone74,Aug 11 2015, 08:02 PM]
the asset does not increase in value but the price you have to pay for it in local currency goes up. Generally devaluation of a currency leads to inflation, as in the country imports inflation. Especially in M'sia where traders are quick to up their prices, ie passing on the price rise to consumers. All goods have gone up recently, a double whammy of the GST implementation, and the weakened currency.

[/quote]

[/quote]
looking forward? are you sure? unless you're paying for your house in USD, it may not be good.

We stop selling S$

Good to convert all into AUD$?

Exactly - paying in USD.

[quote=corleone74,Aug 12 2015, 07:49 AM]

[/quote]
looking forward? are you sure? unless you're paying for your house in USD, it may not be good.

[/quote]

u are bullish! i like

[quote=Soros007,Aug 12 2015, 05:37 AM]
Thanks to ah jib kor - looking fwd 1 USD to RM 5 in 6 mths time.

quote=corleone74,Aug 11 2015, 08:02 PM]
the asset does not increase in value but the price you have to pay for it in local currency goes up. Generally devaluation of a currency leads to inflation, as in the country imports inflation. Especially in M'sia where traders are quick to up their prices, ie passing on the price rise to consumers. All goods have gone up recently, a double whammy of the GST implementation, and the weakened currency.

[/quote]

[/quote]

i m in GBP + London property.

you must a one happy man this morning then!

This post has been edited by corleone74: Aug 12 2015, 01:39 PM

time to clear off the RM mortgage.

that means locking in USD at today's rate, but RM could depreciate further in the long term.

I meant keeping your bullet - wait and see la.
It's Rm 4.03! Houiyoo!

yes, still dropping. china fault this time all regional curr drop

This post has been edited by corleone74: Aug 12 2015, 09:33 PM

Soros boss..u compare 2012 vs 2015 price meh. How can..ha.

This post has been edited by propertybbb: Aug 12 2015, 10:06 PM

Subsale only extra 200k+

Keep for kids better

This is expected alr since day 1 when we purchased.

Like wise to the rest of projects launched earlier in CBJ. With this rate and current economic situation, just wait la... Any appreciation will be damn slow and hard to come by..

maybe less than or dont have. Because there are other cheaper and better option.

Omg - 4.06!!!



[quote=corleone74,Aug 12 2015, 09:33 PM]
yes, still dropping. china fault this time all regional curr drop

[quote=Soros007,Aug 13 2015, 07:28 PM]
Omg - 4.06!!!



[quote=corleone74,Aug 12 2015, 09:33 PM]
yes, still dropping. china fault this time all regional curr drop


[/quote]
i think BNM doing it on purpose to fight with china