lawyers, land office and taxman will be on top.

the complain king (forumers) also got risk, they keep on complain and in the same time price keep on increase.

Last year at least, one agent being killed, many being robbed, raped...many yrs back, in Balakong..

lol tis thread is on property price going to drop? so far, the fats speaks for it
previously cover on world macroeconomics, now we'll go into basic simple positive mindset
just for reading pleasure & no need get so uptight

http://www.bloggersbase.com/philosophy/mil...e-manage-money/

http://money-making-online.myddnetwork.com...ich-dad-lesson/

this forum got those who do business & those who invest in shares & etc
go read them up & ask. ask rite question, get rite answer, ask wrong question, get wrong answer
but up to u guys la imo stay in tempurung not healthy

there r those developers who develop property & left it abandon
of coz, some developer r smart enough, tat they still living the good life
while some buyers left in the lurch

we alwiz take a risk in life, crossing the road is oso risk. who knows? a snatch thief can appear out of nowhere
driving is oso a risk, some speed maniac who suddenly kenot brake will bang u
even if u not risk taker, u put savings in bank, inflation erodes it, so wan stay in tempurung, up to u

I got frens dun wan invest in phillipines coz too many holidays
http://www.medindia.net/news/Businesses-Sa...nes-77935-1.htm

wahahhaa, good one....the truth is the prop price kept increasing despite all the debates. still no one knows what is the direction, but yet the price is still on the rising trend in the early 2011 now dunno till when.

seems the Columbus phrase 'i come, i see, i conquer' makes sense in properties....if Columbus still alive, he could be making tons of $$$ these few years. haha

perhaps the landed props still bullish due to demand in KV.........

Majority high percentage Chinese area (>50%) for landed properties (regardless FH / LH) in KV are rising significantly, I foresee majority young Chinese generations will move to urban cities, Penang, KV and Singapore, these move forms a very strong demand for landed property in prime area, my father-in-law fr Tanah Merah Kelantan has 28 gr. sons & daughters, left 2 in hometown taking over family business, the rest are in KL, so far my Kelantan relatives has bought 5 properties for their next gen.

Always remember, we are not China, HK, America or Taiwan, a lot of property theory works in these countries but not M'sia, our country racist issue are quite tense

Great sharing sulifeisgreat! Have to read and reread make sure sink into sub-conscious mind.

Very easy to forget what we read cause 95% of herd follow the same path. All seek bigger salary, bigger houses and the story never ends.

Tat's why one wise man once told me straight, 'please don't ever mention the word UPGRADING!'. It is a famous word in Spore. Think closely, think longer, think further. There are plenty of truth in it. Don't con by the developers/bankers ---->politicians. Plenty of marketing gimmick now esp new launch projects with pretty showrooms, buyers like fishes get caught in the net. Just see what happen after GE, whether will lose steam esp the new launch.

Think many who are complaining also looking for either landed or bigger houses. The story never ends....

No problem! keep up the good sharing too, remember the journey of a thousand miles begin with a single step. biar sikit, lama lama jadi bukit. no need so suddenly must have big house, big bust.. err big car & etc. hav fun!

Recession is part and parcel of the economic cycle, like it or not, instead of fear, why don't think of backup plan say worst case scenario, how are we going to response?

So talking about response during recession like 97'-98', isn't better to sell properties and buy quality blue chips? Properties down say 10-15%, bluechips down >50%. Sell properties then buy bluechip!

Opss, am I confuse the experts

BLR is going up some more guys, honeymoon time is over

http://www.btimes.com.my/Current_News/BTIM...icle/index_html

This is just a rumour. Don't scare me.

if BLR increase, repayment to the bank monthly also will increase rite?
shiit !

Remember, globally it's been low rates and relaxed lending policy from government to banks and banks to you that has driven property prices. Smart investors know this and bought into it via leverage however again when the government shows any sign of reversing the opportunity OR issuing press to warn people it is usually when it is too late.

Interest rate hikes is only one sign. What about the USA which keeps rates as low as possible but cannot contain the RE fallout which by end of 2011 should show additional 15% drop national avg. With rates this low, all you need is a simple 0.25% increase and its multiplier is massive. At least with a BLR in Malaysia being mid market, at 0.25% hike is managable ----- for the short term!!

Tread lightly my friends, 2011 is surely a game changer!

This post has been edited by Onemorething: Jan 12 2011, 09:45 AM

blr increase is expected
price will fall?
i dont think so

if blr increase more, it'll only affect those ppl who sapu more props with less cash oni..
and most of the props they're holding generate -ve income.. unless they're able to sell their props then diff case already

yup...if one is not ready for it
as for me the blr increased is expected towards normalisation
if u have planning and good money management then u shudn't worry on the blr movement

Noob question here...
apart from reading those mentioned blogs and "good money mgmt",

do you forsee that with the current trend, do you think a working class person, exclude those managerial and above level, do you think we can afford in purchasing a property? (exclude low cost )

Quite simply the demographic you speak of are being forced to purchase outside KL and key areas in KV and have for sometime. The only way this class has been able to afford RE to date is low interest and flexible loans during the past 3 years.

These are typical developing country trends in which we are in a stage where these areas have bubbled. Expect a correction plain and simple over the next few years in which the government tries to bring back some equilibrium as to not upset the 2020 vision.

This would happen with or without the current global financial uncertainty however with the global unbalances and souvereign debt still not settled and a papered over stimulus via QE still pushing forward the correction can get real ugly.

whether can afford or not, it really depends on several factors;
Type of property(apartment,terrace,bungalow)
Area(prime,outskirt,facilities)

Hmm, remember back 2 years time that those ppl that take up DIBS (5/95, 10/90), i believe it is about time it get mature this year. Some might not be able to pay up. Furthermore, BLR is most likely going up for at least another 25 basis point for Q1. This will jack up some NPL. We better pray for slow down now or else "pop". HK is now approving LTV 50% only, china make it top priority now. We are so high up now because of the hot money from west that flowing in. Once they are gone we go bust. So if we stablise now, then most probably it shall stop any roller coaster for the moment.