There were so many past fake news exposed, the new nonsense is the same thing. Fake.

This post has been edited by flight: May 5 2019, 04:48 PM

You guys do know this is a not a kopitiam thread right? So lets not deviate from the topic or you risk this thread being moved to K

Seriously what is there to discuss? This topic has been discussed as nauseam at one point or another. Same set of property market data, two opposing views.

One group uses it to support why must buy. Another group uses it to support why must not buy.

Sub-groups for buy - yes but not now. Another - yes and now.

Sub-groups for not buy - never buy. Another - not now but keep watching.

Then you have the forex, money game, shares promoters jumping in their panties.

So kinda useless thread.

Got abit of bullet la. Not buying in the end, settle all outstanding loans 1st then buy again if not too old.

You can choose not to read or reply to this thread.

This post has been edited by TOMEI-R: May 5 2019, 09:17 PM

I know but I still choose to reply. No worries 😉

relak la... panties cannot jump one..

I’m relax boss.

But I like reading your comments. Give me some insights.

Panties marah-marah. Don’t know why but think terasa 🤣🤣🤣

Property overhang in subsale is believed to be 3 times or more of primary market. With more supply coming, it will take longer than most expected to reduce this overhang. Until overhang is reduced substantially, price will remain suppressed.

Rental is a lead indicator of property. Given rental is on downtrend, price will follow.

This post has been edited by icemanfx: May 5 2019, 09:39 PM

TOMEI-R, ad nauseam.

Also, money game scammer/forex/shares in play 🤔

where got old la. your life just start nia. you see tun M 92years old still work le... you cannot relax cannot retired yet

This post has been edited by leodinouknow: May 6 2019, 12:32 AM

That’s fairly normal in many parts of Klang Valley especially where the developer gave out lots of cash back or rebates.

Every week same argument with same person?

Just different thread hehe.

Haha and now is kampung not kaptung any longer I see.

Buying properties for investment isn’t really all that any longer, most should be seen as a form of forced savings and for the long haul.

There is one under laying principle most detractors forgot, for there to be property there needs to be land and as Mark Twain said Buy land it isn’t being made any longer.

Forex? It’s just fiat money, The Feds can print as much greenback as they wished. Also takes forever to make any profit and offering requiring huge amounts of capital.

Shares and stocks? You folks must be either too young or have a selective memory, heard of Enron? How about the 1997 Asian Financial crisis?

Crypto? Lol.

Detractors of property investments can come up with all kinds of stories but none can show me a period in the last 30 years where a choice unit 22x85 or 22x75 DSL house in Bangsar could be purchased for less money than the previous year. Value dropped? On paper maybe but could you actually BUY one at the supposedly “lowered price” and was a choice unit not one that faced a t-junction or near a mosque etc?

On a bad year maybe you don’t get to rent it out for what you expect to else after 5 years if you want to hold it you can remortgage and do something with the money or if you sell then you would still make a healthy return.

Not that property investment is not feasible but need to be selective just like any other investment. Buy when blood is knee deep on the floor.

Leverage amplify profits as well as losses be it property, stocks, bonds, option, etc. It is not price alone that wipe out investment but mounting loan interest also. Property investment could be highly leverage and is illiquid. Jumping in blindly could become a mortgage prisoner.

Land may not be created but redevelopment is a option. Hence, metropolitan cities like London, NYC, Shanghai, etc never stop development.

The funny thing is not everywhere is bangsar and not everyone buy in bangsar.

Many still failed to realize 2011-2014 property bull run was fueled by cheap and easy credit, a fallout of u.s qe. As income didn't rise in line or faster than property price, current property price is unsustainable. Another property bull run is unlikely in the foreseeable future.

Historically, property price rise at about inflation rate in the long term. After 2011-2014 bull run, price will take years to return to long term trend.

Developer is more informed and has the first bite of cherry. Try to beat developer in it's own game is just like those punters try to win the casino.

From data collected since 2011, most property investors behaviours in this country is consistent with those of u.s subprime i.e herd behaviour. During bull run, every punters think he is a gold finger. Only after the tide turned will tell who was swimming naked.

This post has been edited by icemanfx: May 6 2019, 06:22 AM

Fee quotes in 1 post. Tst rarely happen so far 👏👏👏

Kaptung trademarked by panties jumping. So better not use it 😂

Lol! Hopefully this will resulted in few sh*t posts for the next few days. But panties can’t stay dry.

Still one can always hope 😏

Oh yeahhh I was told that people queue up to pay booking and not everyone was able to secure a "first come first serve" booking lmao. I am not sure if the same case still happens now.

Your timing is spot on.

You sold in 2011.