I have not been buying since 2016. I expect the market to come down. That unker agreed with me 2 weeks ago. He even predicted 2018 market will crash 40% (RM500k down to RM300k). I don't expect so drastic %. 10% I happy liao.....

Now he U-turn pulak.....WTF ?

Same unker.....

So middle class ppl need to wait or should not wait ? Wait for price drop or wait for become new poor?

Adding debts may make one happy but doesn't necessary make one richer.

That unker I think got own agenda....

For reasons only less than 3% of adults in the kangkong land has over us$100k net worth.

The answer is very subjective e.g. at which stage of economy cycle, etc. joining the herd blindly will likely ended up in the slaughter house.

Property is illiquid, better to sell when market is frenzy e.g buyers are knocking at the door than in buyer's market. Those hoping to sell at peak price are likely end up holding for extended period.

After reading through this thread, I can`t make up my mind whether to proceed in buying my first property or not
It`s a 300k Rumawip

IF the monthly pay is around RM1.5k-1.8k (installment + Maintenance) , it should not be a problem.
What I dont understand is how the "bank negara rate hikes" will affect me?

http://www.theedgemarkets.com/article/stro...ambank-research

Please enlighten.

and does the Flexi or non-flexi affect in anyway? which would be better/

Thanks in advance 

He may buy $600k home with combined income.

Empirically, loan service ratio exceed 30% of income is stressed.