Property is a rich man game, whoever has the strongest holding power will ultimately win, rich man BBB, many people think that rich man (investor) will suffer when market crash, then you could be wrong. Rich man buy even more when mkt crash, you wait & see....

Look at SARS in HK many yrs back, mkt really shaking coz of the incident, but when small fishes panic sold theirs apt, the big shark sapu all the cheap stock bersih bersih, the price drop 50% and rebound within 3 mths time back to normal..

Bubble is a very general statement, for me, it happen all the time, in 2002, low cost flat bubble, 2009, Mon't Kiara apt bubble, 2009, Puteri shoplot bubble, 2008 KLCC high end condos oversupply, I carry 1 thought, anytime there are certain sectors / areas bubble, anytime there are fruitful real estate to pick, investment has to go back to fundamental...homework homework , just my 2 cent

ive buy 1 property at semenyih taman pelangi so what do you think is it a good investment + what is better buy from developer or 2nd hand houses?

Gosh! Sporeans are entering the market, hopefully not mass exodus, be it JB, Melaka, KL, Penang dll. Spore gomen impose 16% stamp duty if properties sold within 3-4yrs! So, don't expect properties >$500k to burst any time these coming months! Sigh ... competition more competition!

i thought sporeans early early already entered the market?
and other country's investor also entered the market long time ago ?
if not where got so many buyers to sapu all the units ? b4 launch already says 60% sold..
then after few days/weeks fully sold etc etc ? malaysian ppl that kaya meh..

This post has been edited by CKHong: Jan 18 2011, 12:02 PM

Of course early early entered but this time believe going to be more, just check the statistics. When siblings, friends, relatives in Spore started calling, you know what you mean.

Those Spore speculators being controlled too tight, looking for opportunities around region. Msia nearest to them. Where else to buy, buy, buy?! Madness. May be just check the statistics in the coming months to confirm yourself.

Lol!!!! At that time if it really happens ..does it matter whether you own one or not?? If it doesn;t happen...sorry guys...the property you want would probably be beyond your reach by then.

My malaysian friend who is working in Singapore owns a unit in KL. And is still looking for units to invest. I am not surprise if they are more ppl like that.

lately my singaporean friends are also asking me to scout for malaysian (specifically KL) properties for them. the 500k minimum imposed on them is nothing as it is less than SGD200k.

also don't forget the 100,000 plus malaysians working in Singapore, they would want to buy properties in Malaysia too since it is cheap if they earn SGD. And they would want to buy in prime areas, not ulu places.

So, you tell me, do you think property prices will drop? :-P

One rule of investing is buy low, sell high....when you see prices in other parts of Klang Valley launch prices approaching prices of places like Mont Kiara and KLCC, its the time to invest in these sectors instead. MK and KLCC are the two locations that didn't appreciate much during the BBB frenzy last year, don't you think it looks attractive now?

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This post has been edited by salam03: Jan 18 2011, 02:33 PM

exactly. So to those who think that property prices will drop in the near future, dream on. it may undergo a correction (10 to 20%) at worst or stagnate, but unlikely to drop. Even if it corrects 10-20%, early buyers would already have made more than 50% from their purchase. :-)

I think the massive urbanisation in the Klang Valley, the development planned by the government and the increase in raw materials price will prevent any property crash from forming...more and more people are moving to KL each year and prime land will only become more and more scarce...

As you said early buyers.

And where does the money come from exactly? From late buyers. Someone has to lose in this game.

Then when you at the Gamblers regambling analogy I gave earlier, you will see that it doesn't matter whether you made profit earlier on. The question is, how much do you have invested when the market sees an adjustment?

All this talk about foreigners buying malaysian properties, only raises and eye brow. So we are welcoming this because we believe we will get rich from selling our property?

Lol... that's funny.
Will end up, 1.) Malaysians have to rent houses from foreigners, because they can't afford it anymore.
2.) they can't get people to rent it, and eventually the bubble burst.

This post has been edited by TheDoer: Jan 18 2011, 03:52 PM

well, there's also a large pool of Malaysians working overseas buying Malaysian properties. These people are cash rich and a correction is not really a big concern. Even now that Singapore has implemented a harsh 16% stamp duty on sellers, it will still not prevent prices from heading north, at most it will stagnate. Good luck to those who are waiting for prices to drop :-))

Agreed i think those who join the party late.. will get affected.. hehe.. there won't be winner for everyone
those who invest properties in 2008/2009 will mostly become a winner.. and they must know when to quit the game.. wait for crash then join back~
so if want invest.. do alot alot of research and pray to god for more lucks yeah

This post has been edited by CKHong: Jan 18 2011, 04:17 PM

exactly, I hv many foreigner fren (SG, HK, SH, TW) asking me to look for KLCC area. they will come during CNY to view properties.

not too sure how significance is this, coz all my friends who work in singapore ALL don't wanna come back and bought properties in Singapore. of course i'm talking about genuine buyers of property.

That's because everybody is interested in making money off each other.

If it is anything, all this should be indicators to us, that laws are needed to safeguard the interest of it's citizens. Not just those who are staring at the ever increasing house prices, but also those who will lose when the bubble burst.

As it was mentioned many times in the forum. A buble burst, may be devastating to everyones way of life, and it is not what we want.

So the question is, what are we doing about it?

I think a more serious rpgt needs to be drawn out.

yes. been to a viewing recently (subsales) and agent told me just recently a Singaporean sapu 3 units of condo in the range of RM300k each.

the current rpgt was introduced back 1st Jan 2010....maybe 1st jan 2012 they can implement back,provided the relevant authorities already make a thorough study & closely monitor the house pricing.....but i believe that one beyond our control [the rpgt thingy], so if one's want to invest,make sure have enough holding power and not become a statistic of Non-performing-Loan...