food become cheap...

I disagree, when market crash, the investors will be stuck with their current props, how they gonna invest? if they can, they already would have invested now. By then given that interest rates and lending will be tight, do you still think they can invest?

The real investors that buy low, are those without commitments when high, waiting for the right time to pounce.

You mentioned about your friend who waited till it's too late. Bare in mind that we are just the same as you who believes in strong research before investment. We may be wrong, but proper research will tell us when and how to invest.

bubble burst.. i will get a house its not like we got alot of thing to pay to the bank.. its our 1st properties... scare what ? the one scare is those who owned more properties and each month they have to fork out xx amount of money
fearing that price will drop lower > ownself set a limit lur.. those who set too lower.. end up the property price go up .. then its their own fault lo.. ;p they can also do as below :
Property A : b4 bubble > 500k it drop to 400k, the fella wait.. drop till 380k , the fella wait again , it go up to 420k >
a) the fella kept waiting cus they thought it will drop below 380k > if property keep on increase.. then its their own fault already lo
b) the fella buy at 420k > at least b4 bubble and after bubble.. can save 80k.. also worth what ~

depend on how we all set the limit ~
problem now is, we kenot afford the properties now.. thats why wait for it to burst.. even if it become more and more expensive.. kenot do anything also what.. we kenot afford it..

This post has been edited by CKHong: Feb 21 2011, 03:48 PM

They wont have to, if they infact plan ahead. As u said, living is a need, so i dont see anyhow ppl will stop renting.

bank will also tighten their belt so dont expect 90% loan.

This post has been edited by hidden830726: Feb 21 2011, 03:40 PM

Buying a house is a big commitment and few buy with cash. For me I buy with 30 year loan. In the 30 years there will be a few cycles of boom and bust.
There is nothing much I can do about it except to keep aside some reserves in case of emergency. There will be challenges but as we grow older we should grow wiser too to mitigate most challenges.

ai ..yo open yr eye big big, investment fund are huge, dun think investors are buta buta beli, they are the smartest group of people who knows much more than us, I know there are 3 group of property investors, 1st keep BBB, 2nd already sell 50%, 3rd fully disposed off all the properties in hand now and eying for the next hunt

The BBB by propertyy speculators are on-going...Look at Times square, when everyone runaway, investors sapu, they collect fruitful of rentals now

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Added on February 21, 2011, 3:48 pmPls remember, unlike stock mkt, Real estate is scarce in resources, share mkt fund managers / speculators may act together but no clear direction among property investors

This post has been edited by UFO-ET: Feb 21 2011, 03:48 PM

Not exactly. For myself, I will buy when I can buy.

if I can't buy, then I can't buy. I'm not just waiting for the sake of waiting.

And yes I agree with sampool. though in history prop market and economy tend to fall together. Property bubble bursting, IMO, doesn't mean that our economy has collapsed. It's just the property market which burst. Which means those who are involved are effected, not the rest. Just like when the dot com bubble burst, yeah many people lost their jobs, but mostly by those directly involved in the dot com.

Let's say, a bunch of speculators, grab a string of props and lending through their nose in hopes of selling them higher. Alas they are actually the last guys willing to pay this price for it. They don't lose their jobs. It's just that they realize that they cannot sustain this little side "investment".

Eventually the props are sold at a lower rate. And soon people start realising that more and more props are on the market and nobody is silly enough to pay the same rate as they used to. Soon other speculators realize that it is useless to hold on to the props, and start dumping them. (unless they plan to invest for the long haul and even so, it doesn't guarantee when prices will return to the purchased price).

This will have a snow ball effect. Nobody has to lose their job. The developers can continue developing as usual, alas with less profit. Erm, and yeah maybe some foreign workers get sent back. That's all.

some will plan ahead.. those ppl safe lo..

got gainer CONFIRM got loser one.. won't be everyone also win.. its part of the game.. hehe.. bad economy.. ppl will try to go for cheaper rental.. so maybe by then more ppl will move out from high class condo and go for middle or lower condo/flat
those who can't find anyone to rent their unit, will have to fork out more money for the bank repayment.. then until they kenot tahan, then whala ! properties price go down ! yeah baby.. speculate somemore ~
I notice that, those who joined the game, its kinda hard for them to stop speculate.. so they will kept on buying.. after they sold the one they bought. People are greedy
buy prop A , sell it untung 50k, then buy prop B >untung another 50k, buy C + D and so on..

This post has been edited by CKHong: Feb 21 2011, 04:11 PM

Living is a need, but when props get thrown all over the market, and props price become cheap. More people will opt to purchase than rent. Also, more prop owners will resort to renting instead of selling. This should bring down the price of rental, which will further cause more prop owners to dump their investment.

yes. and this will be a problem for those who are currently in the BBB mode.

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Added on February 21, 2011, 4:37 pmExactly, I'm referring to the BBB investors/speculators. Are these people hoping for the big guys to bail them out? Or do you think the big boys are gonna use them as scapegoats?

What is the purpose of owning this property really? It is so that genuine home owners will want to live in them and buy them. If they can't afford it, then the props won't sell. Do you think the big boys are gonna buy back props like these for charity sake?

The bottom line is, the price of the home should be what the average genuine buyer can afford and this is what the correction will do.

I care not that it's on going, the higher it goes, the greater the fall.

Do you think the price of something can be sustained only by investors and not the actual buyers? If so, the price of it can reach unlimited heights, and that's simply illogical.


Scarce resource is just an excuse. Back then they were talking about dot coms, as being "canggih", so it should raise. Then they mentioned about rubber or palm oil being a sure commodity but prices still fall.

The fact is, right now it isn't scarce. There are many vacant props everywhere I look. Maybe a few generations more it will become scarce, but by then we will all be long dead. And it was never the intention of the speculator to hold it that long.

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Added on February 21, 2011, 4:43 pmYeah, completely agree with you. I've heard of this case of a speculator, who looked quite wealthy... own a big car and several props. But he was optimistic to the very end. After retiring couldn't afford to maintain his props and found himself struggling with debt. When his ex-colleagues saw him he had grown thin and sickly.

This is what is holding up the market right now... nothing but optimism.

This post has been edited by TheDoer: Feb 21 2011, 04:43 PM

As long as bird nest price, palm oil price and rubber price stay strong, property bubble will not burst.

Too many uncle and aunties who owns plantation and bird house go house shopping now.

yeah notice that.. newly launched properties... all cheapest unit kena sapu even b4 its officially launch
they all veli garang..
so many rich ppl in bolehland..

This post has been edited by CKHong: Feb 21 2011, 05:24 PM

maybe they just win the lottery....

i was once hope and believe property price will drop
but now i give up hope liao
but still cannot afford.

Maybe we are all barking up the wrong tree. Should ask the gov to encourage prop development. Churn out more houses, since people need more than 1.

Price drop so what, important, everyone can own a home.

lol.. lottery so easy to win mehh.. ;p

give more pressure on gomen... vote wisely
then maybe gomen will come out like china > each person can oni owned not more than x properties
and come out more ways to stop speculator.
actually i prefer the RPGT go much more higher.. eg : 30~40% for the first 5 years if they sell.. sure can stop most of the speculator geh.. but then gomen come out with only 70% for the 3rd home and above..
haihhhhh...
election coming !!! sorry i'm out of topic edi

This post has been edited by CKHong: Feb 21 2011, 05:37 PM

When any talk or property seminars talks about scarcity, particularly land issue, we always refer to the prime land, this one must be clear and mustn't challenge the fact, scarcity also means no replacement, can anyone give an example the land where Starhill or KLCC sits on can be duplicated?

Everyone also knows that in outskirt areas llke Terengganu, Sarawak, Sabah etc, land supply isn't an issue...pointless to argue

Investors invest everywhere in the world, they has one main target, speculate the properties in prime location or most potential land by creating wealth

Dito!

Maybe you can sell newspapers, or be creative (illegal business) to buy it. People say, we must be positive and take advantage of any bad situation.

Good luck to us.

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Added on February 21, 2011, 5:37 pmAh just had a brilliant idea. Do you know of any vacant homes where the investor never visits? We can turn those to birds nest homes.

This post has been edited by TheDoer: Feb 21 2011, 05:37 PM

yeah.. good luck to us.. pray.. we need to pray..

Property talks/seminars are just biased.

Just think about this, how can the instructors or the so called property Sifus earn money from people who attend their talks/seminars if they went and tell people, "no worries, plenty of land", "property prices are going to drop"? then everybody busy selling, no one will attend their talks/seminars, the property sifus then will loss their income to FUND their properties . Yes, i think they earn more money from giving talks then trading property

Is the same as Property developers telling us that property prices will increase 30% in 2011, otherwise who is going to buy their new launches?

This post has been edited by godutch: Feb 21 2011, 05:46 PM

You probably never attend a seminar before