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 Multiple Signs of Malaysia Property Bubble V20

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michaelchang
post Jan 25 2022, 08:39 AM

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QUOTE(icemanfx @ Jan 24 2022, 09:37 PM)
You have no idea how lhdn work.
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That is true, I really don't know as I never pay tax in Malaysia. laugh.gif
michaelchang
post May 16 2022, 08:24 AM

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QUOTE(-mystery- @ May 16 2022, 02:18 AM)
what are some risks of auction housing?
got risk like paying 20% downpayment? thats what i knew only
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There are risk u may find a dead body inside tongue.gif
michaelchang
post Jun 13 2022, 07:23 PM

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QUOTE(icemanfx @ Jun 13 2022, 04:16 PM)
user posted image

https://www.theedgemarkets.com/article/stat...pfs-t20-members

malehsians are poorer than most expected.
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I really doubt this chart.. 80% of Malaysian earn below RM$5000? maybe it's US$ and they print wrongly?
michaelchang
post Aug 8 2022, 09:33 PM

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Irresponsible developers are still practicing mark up SPA price so that those ignorant youngster without money can buy condo with 100% loan.

Pity these fools as their salary all goes to servicing loan.
michaelchang
post Aug 12 2022, 05:26 PM

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QUOTE(BrookLes @ Aug 12 2022, 04:31 PM)
But your parents and your relatives still go and ask you to buy a house?
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Your parents are not educated and may not know how to calculate bank interest. As a son, must know how to explain to parents.
michaelchang
post Feb 28 2023, 06:23 PM

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QUOTE(icemanfx @ Feb 28 2023, 05:57 PM)

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but KL youngster nowadays earning RM$4000/month but buying RM$600K property. Education failure or IQ too low?
michaelchang
post Mar 5 2023, 06:36 PM

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QUOTE(icemanfx @ Mar 5 2023, 01:32 PM)
user posted image
Fairly typical for most in crypto, glove share, poorperly, etc.
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This is classic example of asian chasing after bull and lose $$ when price crash. Never do homework and buy when already overvalue
michaelchang
post Jul 27 2023, 01:53 PM

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QUOTE(icemanfx @ Jul 26 2023, 10:48 AM)
Most foreign poorperly investors are underwater.
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Singaporean and PRC are fine example of people with $$ but no brains/too lazy to do homework, that is the main reason their property investment are underwater
michaelchang
post Oct 11 2023, 04:55 AM

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QUOTE(icemanfx @ Oct 10 2023, 12:29 PM)

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This is how property loan works, first 5 years, most of the installment goes to interest = 90-95% goes to interest and balance 5-10% goes to repaying principal.



 

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