5 years already, accept the reality lah ! People already accept 400-500K as normal price for a decent apartment, people are working on way to own one, not siting cursing price to drop to 2010 range, can i says Toyota Corolla is X+100K or not ? as before Proton era, 1 Corolla, only selling for 20+K now like 130K up.

Those youngsters in my company even tell me 500-600K is considered cheap in KL already, you are competing with the richer youngsters for 400-600K property in the market, their PAMA can easily help them pay 200K downpayment, many join force among siblings, cousins, friends to sapu property, you are actually considered weak player as you do not have strong back mountains like them.

One young fellow i know work for 1 years plus, parent from kampung who quite well to do, tell him go get 1 600-800K property, parents told him they sponsored 300K, he is staying with his brother famuly (the house also sponsored by parent), now brother wanna move to a bigger house but not convenient to him as quite far from his working place, his other sister and another brother also bought house with PAMA sponsorship, the youngest one only 24 years old already bought 500K condo.

See or not Ah Bear ? these type of youngsters are aplenty in the market, you are competing with them, many are working in family company or parents friends or relative company, some straight hold GM post earning 5 figures salary upon graduates.

I am not saying this is 80 or 90% but there aplenty in the market, more than enough to support the current property market for decades to come.

Nowadays people have less children so can give them better life, compared to those generation of uneducated parents with many of childrens, which parents need the elder kid to help them take care of younger one, not even mentioning asking children to sponsored their house.

Faham boh ?

SifuahBear look more scheme to support property, now guaranteed abandoned project, Showtime was right when he said instead of bulldozer property price down govt is actually looking into excavating property up, woohooo.

Now for sure Property price will UUU like 2008~2013 again 20~30% annually, Jliew Midfield 2 700K no problemo, Ah Bear prepared to face super inflated price, you should change your X+200K to X+500K now .. Mauhahaha.

Hopefully your relative don't see the apartment he currently rent to you or kick you out so he can rent it out double rental collection ..

http://www.thestar.com.my/News/Nation/2015...r-stakeholders/

Correct ! Herd mentality to sell too early when most people thought market will crashed 2~3 years ago, now suffer karma of slaving at ice cream stall for RM5 per hour scoping ice cream made of forcing cow to produce milk & chemical laced ice cream whIch could caused diabetes & obesity to consumers, more sin later more karma...LOL

Unless you turned selling vegan ice cream or else you are making bad karma daily...

Ringgit depreciated arround 10% against the greenback in 1Q, his 200K now cannot buy as much Ice Cream stock as he used to,.. lol

200K he burnt quite a lot in study & branded clothing, so much so need to work at Ice Cream stall for RM5 per hour, can see he is really suffering from his mistake or shall i said karmaa, though i think is nonsense.

See Ice Cream Boy we are actually not the herd but you are, you been talking about property market crash last year in fact many expert, guru, prof is talking about it, yet we don't believe,

2014 proven to be another year of property market UUU, this year will be the same judging by within 10 days of 2015 we see govt introduced 3 policies to ensure market will not crash & boost confidence of market, ease up epf withdrawal to pay mortage loan, no increase in interest, issue guarantee & assistant incase developer get into financial difficulties.

Your 200K (though i doubt you still has it in full) not even enough for a Rumah WIP nowadays. . kekeke

Wealth create from thin air is what make make many rich for the last few year of property craze.

Although this is not in your text book but I believe if you put in your thesis you might get distinction for it...lol

Buy house with zero entry, wait for VP kaboom earn 200-300K even lottery need to pay RM3..lol

Actually light boat with under capacity passenger are more dangerous in rough sea, incase you don't know.

All those professor & economy guru should feel ashamed when a BTC fellow can make a professor life time wages in few years thru property speculation with zero investment. ..



First he had to accept RM 3 per hour instead of RM 5 he get for working at Ice Cream Stall.. lol

Ais Krim Boy is cracking his head finding what have he done wrongly ? he have check every single economy text book & article from economy guru & profesor, non of it talking about there is such thing as making money from thin air thru property investment, he already followed those text book theory which equal to expect life time analysis of economy guru & prof, but all pointed that he is correct by selling his property 3 years ago, but how come Malaysia property craze can exceed that of US & Europe ? why a small developing nation can outlast & outperformed the biggest economy power in the world, why property in Malaysia is defying gravity, why is better than the American & European ? why why why ???

Well my Ais Krim Boy, I can only tell you, I dump my text book 3 months after my first employment as I find it no better than used toilet tissue in the WC.

Real economy happened in real world & changes according to daily activities, non of these are written in those next to useless text book wittten by armchair theories professor who only spend their life in campus bullshit newbies student...kakakaka

This post has been edited by jolokia: Jan 10 2015, 04:09 PM

Who the o0o care if it is sustainable ? As long as we made money from it, nexr few years it could be something new to walap, you theory are like kerosene stove & charcoal iron which is already pass it usefulness.

Why should I care if it fit those nutty professors theory of reducing disposable income what not, as long as it increase my own income, other income are theirs own responsibility.

If next buyer collapse then hard luck for them, after all it's a musical chair game if you afraid of can't get a sit later don't play the game at all.

The economy pie is only such size, ether I get bigger portion or other get it, if you are incapable to get a bigger piece then that's your incapableness, don't blame others.

Its a capitalism my boy.

He only manage to Google Kensington that what he know, others area he still need to Google more.

Not in his text book, he wouldn't understand...lol

The word "could" & "in a good year" already shown you are pokai now.

This post has been edited by jolokia: Jan 10 2015, 04:48 PM

I remember Bear2 told us 80% can't afford to buy property in KV, this mean we are actually the minority, meaning there are more people on the no property boat compare to the one on with property boat, so according to Ice Cream Boy the one with more passenger sunked first...LOL

Ais Krim boy why not play oil ? Since it's already come back to last few year pricing, Chartered a few tankers & store oil in middle of ocean like what they do back in 2008 then wait for price to hit USD 148 again...

Last week I was looking for another unit of my recent bought area, no advertisement at all .. so I look for rental ad & callled a unit which look quite nice, if photo are to believed not much reno needed, I ask agent whether owner willing to sell or not, he said owner only wanna rent out, so I offer the agent 5% above previous asking price, agent says check with owner, call me back few hours later says owner don't wanna sell at all, literally I think owner ask me go tfk at road side..kekeke don't blame them super good rental return, I cam still get positive rental return even paying 5% above market price, imagine owner who bought with half the price.

Actually the price & location of the above mentioned property is quite good, the appreciation also quite fast, within 4 months price can go up 10%.

Ah Bear asking for 20% below market price I can only wish him good luck.. . Maybe those ulu place with ridiculous asking price or potential landslide, Afro village or some badly defected unit he might get it...

Got some words OK, no red card
I out offer Ah Bear X+250K can ah


Oil is already hopeless for next few months or until the Arabs vs the American price war finish, palm oil also hopeless, now property is the only hope to generating income to compensate loss in oil revenue, so fat chance they will let property crash or introduced policy to bulldozer property market.

Ah Bear you can start sourcing for a foldable bench, as it going to a long long wait..zzzz

Actually I think Ah Bear know his chances is slimming, especially his & GF company also not doing well now, imagine next year could be worsening,.

Ah Bear buy lah ! You can never bought at lowest lah ! Before bank close it door on you as you may kena pay cut if your company continue not doing good, later price up but his income down then cry no tears

Things becomes more expensive loh ! Keeping cash to fight against like Ais Krim boy Mah jialat loh ...lol

That why I alway advice those with below 10K nett income group to practice 1/3 nett income rule of thumb for household debt.

Ah Bear wanna hantam 70+10% is just looking for bungee jump minus the rope only... kekeke

Ah Bear lu forget Middle Eastern who is flocking KV like nobody business ah ? Imagine even your Sg Chua has so many middle eastern, infact it could be few hundreds thousands of them, look at the amount of middle east restaurant & grocery shops, nowadays youngsters also move out of Kampong the moment they graduates, only those really pokai type stays in Kampong, even once big town like Ipoh, Taiping also turn into old folks town, so many SRJK© in small town turned micro school with less than 50 students, while KV school are packed lIke sardines can, what this tell you ? No more young generation lived in small town, especially Chinese.

So urban migration, flocking of foreigners, temporary shelters for war zone country like Syria, Yemen, Iran, Lebanon, you think house would be oversupply or not ?

Problem is more on affordability, can one afford to challenge the rich middle eastern on rental, if they married local girls which they have 4 quotas,..LOL. they can buy using local wife or wives name to avoid 1~2 millions quota for foreigners, they bring in USD which is in the riae against ringgit, you think you can beat them or not ? ..

Give in lah ! Ah Bear .. you are running out of time & money lah ! Every 2~3 months 50K extra, you earn that much to burn or not ?

SifuahBear finally admits he can't afford

No more arrogant tone liao

You & GF both company not doing good, meaning pay rise in next few year either chicken feed or stagnant, potentially pay cut, the longer you wait the higher price go up, soon you need to pay high price for the property which yiu reject now.

Ah Beat this year increment very disappointed.. No more 1.1K like last year.. now Ah Bear can only drag till GF cannot tahan, but also possibility GF already find alternative plan, looks for someone who can afford to buy ...

End of the day Ah Bear just need an excuse to delayed his buying, he want to pass the ball to GF to chip in to buy, he already know he can't afford by himself after the recent depressing increment, he want to delayed till price total beyond his affordability then tell GF see not that I don't want to buy but really cannot afford, now either you chip in or we have to rent after married, no wonder Zuiko alway attached the Slipper Rice Eater photo to him...lol

[attachmentid=4296337]

This post has been edited by jolokia: Jan 11 2015, 06:51 AM

If I remember correctly the place was bought around 100K in the early 90's most family don't prefer to live in that area, I been the area once, such a mess car parked everywhere, road are narrowed & jam like mad inside the Taman road, if there is any good things about it is the food stall & lrt nearby, the build up & material also extremely cheapskate, typical pre cast brick wall hold together by stell rod.

I would say 370K is overpriced.

http://www.thestar.com.my/Business/Busines...ects/?style=biz

Deep inside Malai Kampung area Ah Bear don't like, he want 2012 price at Chinese area, for him north KL is low class area.

He want 600K quality but inside his pocket only can dig out 400K loan qualifications.

End of story he want GF to pay for the house & he eat soft rice from slippers.. kakaka

Ah Bear already rise white flag, he can't afford, initially he thought company will give him 1.1K pay rise like last year, but obviously this year his boss not doing well (remember ah bear always curse property market, his boss has lots on hand, so curse go to his boss & collateral damaging him in return.. Ais Krim Boy call this karma).

Worst still GF law firm also not doing well, now Ah Bear best hope is GST cause stagnation to property price, so that he can collect enough money by year end to buy, having says that I believe he is dreaming if everything expected to go up how can house price stayed stagnant ?

Even if property price do stagnant or go down after GST, his boss will may cut his pay to safeguard those many properties own..LOL

See Ah Bear is a catch 22 Situation, Property price up your income up but at slower momentum, Property price stagnant your income drop, property price crash you lost your job... you can only buy what you afford today, stop dreaming there is such scenario where property price down but your income up..

Time for you ti change job, you company no futures, crisis hasn't come already in trouble.

Market stil good lah sochai !

Yesterday those shopping complex near my Taman is so good that it took me 1/2 hour jam outside the complex, finally I give up as parking totally full, drive somewhere else to have dinner, reached restaurant again packed like crazy waited 40 minutes for dinner to be served.

Ah Bear live in own imaginative world, if what he said is truth, he will be losing his job really soon, since his boss properties now only worth 50% of SnP price...kekeke

Ah Bear you better moved back to Sg chua & get a job in middle east shop...

2008 is BBB year but at the same time I know people get 10% pay cut.

Even the best time there are company go bankrupt due to various reasons & during bad time some business sibeh huat.

Ah Bear knowledge very shallow, his think the world is 20 feet surrounding him & his GF, I don't blame his, last week I go to his hometown Sg Chua Kajang I see the entire area really run down, even Saturday not many activities, road very clear, shops with few clients, no wonder Ah Bear think whole KV is like that..kekkeek

Ah Bear you need to get a job in a bigger company where there are many line of business, then you would be able to see a bigger world, or you can mixed with more people then share knowledge.

I can tell you many company still give very good bonus & increment this year.

You know why the road so packed ? because there are more & more people moved into those newly VP condo, I need to get up earlier & earlier going to work because more & more car from new property, once the other 5 project ready arround the main road somewhere in 2016 I cannot imagine the jam.