Back to fundamentals.. Its inflation. That drives raw material to go up indirectly the props as well.

Why don't we wind back time and look at the prop prices of early 2000s in subang area.

Hahaha those whom listens to you since 2012 really all go Holland. 11 years man!! Can go back and forth.

aiyah the nay sayer won't listen la... else the property bubble burst thread won't last until v20. Say all they want if property in crisis. same goes to their job, their ability to put food on the table.

yes it is. in 2019 i bought a unit at RM330k... now it's priced at RM280k only.
2nd Jan 2023 i bought another unit at around 670k transacted lower prior to 2019 at around 850k - 900k.

that's the thing right in any kind of investment at least for me property is part of my investment portfolio there will be win/lose. no point if it's all talk and you do not know how to value the prospective appreciation value for any form of investment. I've been collecting dividend from REITS/blue-chip stocks since 2017 boom 1 pandemic it was flat across 30% lost. So what's yr point of view?

when times are good you don't buy when times are BAD you shouldn't be investing in one at all. if the property market fall we are talking about you and others will be losing job. KLSE index will be way lower than to be hovering around 1500 points. so when property market drop so? will you buy? Such thread will just continue on and i'll be here saying the same thing again in 2030, 2040 till the day i have multiple fully paid property milking from renters.

that's shit talk in 11 years right? not sharing your investment what you buy/bought just sharing shit load of negative view. What's your ill intention then? Meanwhile i'm sharing everything i've ever invested in my 13 years journey since 2010. I've gain some, i've lost some. Since 2010 6 property purchased, sold 3. made some money out of 2 while 1 was selling at break even. Those who had gone through debates with me since 2010 would even know which are the units i purchased at what price and sold at what price.

again i'm repeating this when blood is knee deep on the floor. you are on the floor. you won't have chance to buy any shit anymore.

It shows you weren't aware on what's going on in states. California and New York property went crazy, making an average joe can no longer afford a property there. They went kuku in 2018 where a studio unit alone had hikes of more than > 200k USD. A small studio would easily cost 700k USD and above. So a small studio rental cost ppl approx 2.5k USD in NYC. That's on a lower side.

The way I look at it with all their recent feds hike that's what they are asking for. Ppl started defaulting loans, rental cost has to be increased further. No way repayment can be cheap. Of course ppl will stop buying. That's because no one can afford it! Malaysia got such hike meh? Also malaysia property during 2020 pandemic it did took a hit.. 30% drop in value for most cases. U did not know?

In 2020 crisis it affects all. No one was spared. During pandemic with all those mco going on... U can't even go viewing or execute a prop purchase.

Also if it's purely economic crisis, it impacts all what are you talking man.. Have not learn enough from Sri Lanka? Or any of those African nation? Please go study what happens to a country where such economic crisis happens. Just look at sri Lanka as a case study.. Buying property when times are bad? U must be kidding me.

What you talking iceman.. 2012 only joined that's why say before 2014?

For me I'm mid 80s borned, if I could have bought prior to 2007, I could now be very close to retirement. That's when many condos selling approx 150k to 200k. Damn gooding those prices.

So do you know what's the lesson learned in this time line?

At least this i can agree with you. That's why I always tell others buy when your ready. Avoid new Development if possible. if die die want new make sure the developer is reputable.

Subsales has alot of perks to be honest.
1. You get to see the community when your hunting for the unit.
2. It's ready for your to move in.
3. You get to see if they could keep up with the maintenance

Only downside is the initial upfront payment which most likely you have to prepare 16% for first and second home. For multi home owners like me I had to prepare around 40%.

U which lubang keluar.. Companies like cimb, BP, tng,scope they are still paying 30% increase despite employees having 20k pay package. So many of my colleagues kena poach this year.. Within my team 2 gone.. Pay package closing to 30k doing the same thing.. We just can't match them.

Meanwhile I'm asking my management when can we have a hike. Matter of time we lose everyone. If your salary is stagnant I'm more worried for you yourself. Not the property market.

Well yeah I did that too back in 2012.

Condo has its worth too.. Condo you would not need to topup that much for your monthly home repayment.

I'm talking bout your salary not your house. Your the one phrasing it about pay stagnant.

Also If you own a house you hope for a fall for what? These are good example of preaching and practicing different principal in life. Also you guys are a joke. If those houses not own by someone good luck in trying to even rent one. Rentals logic 404.

All It field. Solutions I think it's ridiculous when IT are in the league of doctors pay package.


Save and invest and it's a long term thingy. I was debating with this iceman when his first day in forum sharing all the loom and gloom stories. They still have not woken up to this day.. There is this the other guy bearbearwong? Already purchased a unit, moved on have a family. Good for him.

Every once a while we will have a newbie with this thought that prop price will sky fall.. If prices fell at those kind of level you also won't be buying.. Take this pandemic as an example.. 2020 my puri aiyu unit fell to transacted price at 330k!! I was so tempted to buy the penthouse at rm520k back then! Similar to share it's just paper lost to be honest. Now 2023 it went back to the price before the pandemic. Bought in 2010, 10 more years my tenant will pay it off for me le.

Anyway I stay, live and work in Cyberjaya, the unit I bought before pandemic in 2019 took a hit but Im riding the wave and continue buyinga bigger one for myself in late 2022.

2033, I'll still be here.. Let's see where we are by then.

Simple when you don't have the balls to buy when times are good what makes u think ull suddenly grow a pair and go for it?

Now you sound like those pak lebai. So buy or no buy? Suddenly claim 'oh I have 2 unit I damn smart, I use my brains'. Clap for you la. One more to my ignore list.

When was it ever good for you?

Who told you it will appreciate 200%?since 2007 is always the forumer with negative opening thread saying property will crash.. I've not seen an agent opening thread saying their project will appreciate 200%. Except now that you mentioned.

Read the title again. Such thread had been open since I first joined the forum. Unfortunately the fall had came and go. Now property will just be left afloat and let's see in 10 years time whether it will fall. Hope your still around to prove me wrong but then.

Iceman is a very unique kind of animal. He only post and share narrative which suits his agenda. Exactly like done politician.

It change very fast yes it is but so does the ppl. Already 13 years in this field learning new things everyday. I have alot for rainy days else how to form out 40% down payment wo. Why don't you start finding base on the company names over just shared? They are mass hiring.. Some don't even need to be talented, easily 15k.

IT what position? Please learn how to ask the right question. Your desperate to know what role gives u such numeration. In general you don't even need to be a manager, the pays are decent across all the IT role. If you are in IT start looking up SFIA.

So time was never good for u in the last decade?

Well that's the thing he just share all around not to buy this and that suddenly came out with grandfather story I sold 2 units in 2014. Damn hypocrite right? Ask ppl not to buy but suddenly selling property. Exactly like those pak lebai preach one thing but practice the polar opposite.