Oh, the other day watched Historical Channel reminds me the same.

http://www.google.com.my/imglanding?imgurl...ved=0CDUQ9QEwBA

Nothing is eternal tat's include ur properties, stocks, funds, estate, cash, blah blah, oh boy your life too!

So buy breads and store for raining days!

Tot 2012 Armageddon end of world. Anyone watched the Hollywood movie? May be wait till 31st Dec 2012 see whether world still around ...

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!

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.

How can, understand foreigners only eligible for property above $500k? Must be Malaysian 'Sporean'. But the $500k cap for foreigners already not valid since property risen 30%. Should cap at above $600k.

RPGT still around understand only 5%, pls correct if wrong.

Land is not scarce in KV but prime land is indeed scarce. That why 'location, location, location'. The same sentence to some might be expired but still valid today. Why you want to buy landed in PJ if you can find the same quarter of the price in Rawang? Why Bukit Bintang if you can find bigger empty plot in Bukit Beruntung? Don't forget, historical land deal happened just couple of months ago, >$6000/sqft, highest in Malaysia Book of Record. Spore tycoon goreng lah who else.

Developers are taking advantage/excuse to jerk up the price since so laku, maximize profit wash hand after sold! Buyers bye bye take care!

If got money, dont buy house, buy land! Many land owners are very happy now.

Azizi started in 1995 whereas Pai kor started only in 2005 ... so who d champ


But one thing about Azizi, as full time pilot, wonder how he managed his business, seminars, books etc. Cant possible flying the plane while writing books and preparing seminars. This one we really need to learn.

So in short, buy those area where foreigners congregate.

I still see few good potential areas even at this market condition.

Yup, expats are fussy. But tat was during moving in stage. Give them 5-star service when they move in, provide hassle free service, stay there check with them everything ok? Happy? If not then rectify on the spot. Then in the coming months, yrs, you be happy happier

Happy tenants, happy landlords. Property guru Renesial Leong is right. May be ladies got better EQ than men.

Downside is foreign expats dropping from peak of nearly 40,000 in the 90' to ~25,000. Nowadays mainly low cost, middle cost foreigners. Middle Eastern type top the list. Like low cost AirAsia type.

So with the influx of new properties in town, wonder how long good ROI can last?

Problem is folks nowadays having different mindset.

2k complain want to buy >100k
4k complain want to buy >200k
6k complain want to buy >300k
8k complain want to buy >400k

Upgrading is the way to go. Status, peer pressure etc more important than own financial freedom.

So this kind thread will continue to stay in LY no matter your salary 2k, 4k, 10k, 20k...

So keep up complaining till Cow comes home... oppss Rabbit comes home this time.

Haapee CNY!

No need to pity the developers lah. They are at the top of food chain in animal kingdom. They got their bullets from shareholders ie interest free. Shareholders at their mercy whether they will get back dividend. And the best is developers make use of shareholders money, give first priority ie best units/location to themselves. Left over chuck throw it to the market and let the frenzy public BBB. By right public listed companies are not allowed to do tat else shareholders are all fools. But it is a norm in this country and nobody question why there is no law to curb this kind of 'insider trading'.

Don't call people stupit company lah, you have to ask why having so much cash in the co.

Quick check on YTL, they have nearly RM10 bil cash. So YTL also 'stupit' izzit?

Or Si Hoi Chan. Building 3 pineapple shape condo near The Curve. Total units ~999 all each >$1.5 mil with cash! Yup, built and sell. Not even 10% deposit and progress payment from purchasers. Just imagine how much cash they have in bank. But, my limited insight think they might get into trouble this time. May be also due to wat they did near Persiaran Torpicana, trying to sabo closing the road. Beware, God watching. Harvest what you reap.

No war war lah.

CNY coming to town. Wanna play war, buy fire crackers, go to the street or your own tamans and go shoot one another . LOL

With this kind of Ministers in the country, who needs another crisis. My SPM-fail-to-graduate multi-millionaire friend can give far better insights than these 'top guns' or more like 'lose cannon'.

Tat why we need good education but most importantly people with sense of responsibility and integrity to lead in the next era. Can't wait for another 50yrs by then might bankrupt by typical minded ministers as above.

This strategy also works but subject to few points:-

i. Cash flow, how well you manage? If either one loss their job, would they loss their home also?

ii. Location. Wat if bought wrong locations with inflated price like Bukit Berugi or Lembah Berapi, cry 10-15 yrs also no tears liaw.

iii. What you do with your surplus cash due to longer loan? Buy debts (cars) or buy assets/invest?

In general KV and some Penang properties can apply to this strategy but not other states.

Ok, assuming this Datuk Wira CCH Minister is correct, correct, correct with 2 generation loan strategy in this developing country (still cheap not even cp with Jap, HK, Spore already 2 generation loan) ... what is the same minister gonna tell the 3rd generation 20yrs down the road. Go take 3 generation loan, good luck, I'm not around liaw? Short sighted minister giving short term solution to long term trouble.


This post has been edited by Bobby C: Jan 28 2011, 01:46 PM

Today makan near one posh shopping centre in town ... walau, food court price also increase by 20% right after CNY! So, Gong Xi Fatt Cai to all be it Cina, Melayu, India dll!

Road side kopitiams/hawker stalls more efficient. Price hike 20% right after 1st Jan countdown happy new year 2011!

Property price in KV hike above 30% in less than 2 yrs.

Ron 97' increase how many % already?

Gomen said inflation only 3-4%. Hahaha, you go ask them are You from the MOON??! Go fly kite!

Just ask yourself if employment in the country cap below 5% despise all the fear of Eu/US instability, do you think bubble will burst esp old establish properties (not referring to crazy new properties from the developers where price hike 100% above sub-sale).

For those who miss the boat but die die must buy new stay in landed, you have to blame yourselves lah ... no comment.

For those genuine buyers who miss the boat and thinking for future roof overhead and children and cucu-cicit, do keep an eye and do more study on properties at the both end of MRT line. Yup, Kajang and Sungai Buloh. Look for properties with schools, shops and easy access to MRT.

Yup, there have been plenty of empty talk of MRT/LRT/KTM blah blah over the yrs. But this time round seem tat they are quite serious else in mid term KV traffic show and steadily choking city folks to death. In the process if still empty talks, coming GEs they, the you-know-who shall continue to lose State of Selangor aka The Cash Cow. So they got no other choice. City folks are boiling hot. They want to see improvement in public transportation and not just listen to empty talks singing empty slogans!

So, when to buy? When they award MRT contract, or when you see first pile for MRT line planted in the ground. You decide! It's your money anyway!

Just think about it. Happy wkend!

This post has been edited by Bobby C: Feb 11 2011, 05:42 PM

What make you say so?

Didn't you see bank lelong on bungalow, semi-d, condo, apartment, flats etc.

Nothing is spare. Overprice properties be it landed/strata all on the same boats. New area/overpriced/least occupied ie least demand/supply will be the hardest hit. So evaluate your risk before enter. Rather than try to time the market. Many people including some experts forget they are not playing stocks.

This post has been edited by Bobby C: Feb 11 2011, 07:06 PM