Financial Is property going to drop?, General property price discussion
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 Sep 9 2010, 08:59 PM
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#1
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Senior Member
785 posts Joined: Jan 2003 
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QUOTE(robertngo @ Sep 7 2010, 03:28 PM) KL property being 13 time annual income is just crazy, how to sustain this kind of increase. China major cities are 30 times. The bull in properties will continue for years in malaysia before burst together with china, hk, sg, th etc |
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Feb 9 2011, 05:49 PM
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#2
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Senior Member
785 posts Joined: Jan 2003
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China;s RE is a bubble by price/capital income, 15x years average to salary, etc.
But dont forget >25% of new purchases in 2009-2010 was in cash... CASH!!. and the sub-urban numbers are believed to be much more higher. I would say MY should burst before China.. by looking at the statistics. All eyes on CHina in next 50 years. MY RE prices will follow and depend on CN, HK and SG. MY will take lead when the racist 513 happen again. |
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