BearbearWong must be dam busy right now with so many workload coming his way.....same as my friend working in jabatan insolvesi.....young, old, middle age all go by bus load to them thank to the banks credit card.

Meet some of them from jabatan insolvesi while they attended course in putrajaya last month for the new act. Just chitchat during lunch break and to my suprise - their workload double since last year! Thanks to the bank who push their problem to jabatan insolvesi. The funny joke with them - hutang along, kenal potong telinga, hidung atau jari, hutang bank - potong gaji saja. Tak bayar - potong credit! Most of the time, we will think those who speculate on house price will get it but this group usually are much smarter and won;t be careless with the bank like waiting for it to default otherwise their credit rating gone down hill and their borrowing rate gone up! To get a loan for a few houses required some solid financial background and won;t be easy to fall but if they fall into jabatan insolvesi. It usually is too big the amount. One of them = 1000 credit card case! I learn from them, our financial rating from CTOS and those like service are important. Keep it clean.

This post has been edited by Battlefield1942: May 27 2017, 02:25 PM

My own observation of the aftermatch of the fall of JPPTR, CYL and other money game that suck so much $$$ out of the local economy. The effect start to show here with ah long start putting up lelong notice on the house. The Merit lost of few million is nothing as those investor are loaded and can afford to lost their pocket money without effect but those poor chap. It different. The bubble is for low cost house now.

The subsale got to compete with what the developer doing now offering rumah mampu milik at the lower price than last year. Financing from bank play a good part to keep up the cycle. Next year is good year to get your first house as rumah mampu milik come into the market. One can see the developer now singing different tune at the stock market. KV will be hard to maintain their top placing as money making investment unless our RM drop further and outsider come in to grab it. If depend on local. It will not go anywhere.

Can anyone know what happen and where is Jolokia go? Did not see his post for a long long time in Lowyat where he is very much active before.

The good news is for those with plenty of cash but our new generation workforce can't afford all those old price unless Bank Negara extend their loan to 40 years! and keep the rate down to a minimum. Without all those future buyer.....do you think it will go on the increase if depending only on our local buyer? I think KV price will only be able to maintain or increase if BNM open it all up to outsider buyer with special PR visa or something to attract those rich mainland chinese to stay here and not bring back their investment to their home country.

Yes, with plenty of cash in hand. I am sure you can move the market too. Just call up the developer and sampu bersih all the unsold bumi unit in johor. There is always one - or two that speak louder then action. Tin kosong maybe. Developer sure give you good good discount for their cash flow problem.

Never been there before, so can't say as location is important when come to property investment.

Wait till our local $$$ start to flow to US when the actual transfer happen. Sure our local $$$ will be reduce either by dropping in value or tighter credit from bank. Between investing in klang vs US. Which one will offer better return?

Some place already bottom till the floor drop....example like bukit beruntung. That is what real price drop is when it happen.

What a poor subsales.....can't believe thing can be that bottom!

You are into wrong forum here. This one about house not Euro or currency.