“Furthermore, we believe that suspending new property development will not correct the oversupply situation over the next five years, when property projects now in development enter the market,” it said.

Read more at https://www.thestar.com.my/business/busines...J2PzCwoTCSUB.99

With bank interest rate rise and liquidity tightening, it could be the perfect storm.

With household debt at about 90% gdp and less than 3% of adults in the kangkong land have over us$100k net worth; wonder how many could sustain extended period of negative cash flow.


This post has been edited by icemanfx: Nov 27 2017, 02:16 PM

Hee... hee... Guess it’s the same for everyone.

Invested wants price to keep going up.
Missed the boats wants price to crash.
Even those not doing investing, wants to be acknowledged for their ‘wisdoms’.

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

Of course, of course. We can never forget about the US$100k benchmark 😂

u dont know him ar? he more like grandpa already... not unker.

he is a chartered surveyor with 40yrs experience from property valuation. not investor.

property valuation vs property investment IN PRACTICE is 2 diff thing. know how to value for bank doesnt mean know how to spot cheap deals.

if you got problem with dispute, real estate law = find him.
if you ask for advise where to invest, please choose somebody else.

This post has been edited by Boldnut: Nov 27 2017, 03:42 PM

This is chicken n egg issue. Income din rise as fast as inflation.....
So, the mean ppl should not wait, should buy early since we know this issue. Do u think for those dun want to buy now, one day their income will rise as fast as inflation?

Better buy 250k now n to work out how to settle the debt as fast as possible better than after 25 yrs buy the 1 mil same house.

Waiting and waiting, may not get the cheaper deal but may get the ppl middle income become poorer

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.

You will be surprised with number of multi-millionaires among chartered surveyor, who knew and took advantages of value buy.


This post has been edited by icemanfx: Nov 27 2017, 04:28 PM

Or sell too early and sulk all the way?

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.

good to be in the 3% blanket.......

Ok, ok, noted.

yes, I well aware of that, but he is not one of them.

In generally, take his advise as a grain of salt. Look else where.

In acct pov rate up tax down. Unless cashi purchased. Liddat say ngam ga.

Tamade why kasi pecah balloon 🙊🙊🙊

Oh no! How am I going to sell my 200k flat?

actually no need to debate on this.

just watch the price correction...

on whether it is going to happen or not

1. in case it does, it really mimic our economic situation

2. in case it doesn't, it just shown those editor/media how strong our economic compare to their analyse

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

Sometimes in life dunt overanalyse bro, just do it

300k if you can pay every month should be ok

usually increase rate by 0.25%. so can calculate from web mortgage calculator. they said maybe 2 times increase.

your loan is not interest free right? if it has a interest rate then a hike will make it increase.

some people choose fixed rate so they don't get big surprises but it will be higher than existing floating rate.

the bank lending to you has people paid to explain all this to you.