you serious? don't invest in real estate because it is not liquid? kakaka...

any idea if loans for commercial property will be affected too?

but it seems that this cycle is very very long... when did the up-swing start? it's been a long while and has not shown serious signs of reversing...

also, bubble or not, it will only burst if majority of buyers are speculators who cannot hold... i think there are some such speculators around but i also think a huge portion of buyers are investors who can also hold if prices drop...

so i personally think that there may be a small down-swing... but it will not be a crash.

i was told back in (around) 96 that property prices have gone up too high... i remember that time i wanted to get my first property in usj16... then a few years later they said property prices have gone crazy when damansara utama and bander utama start going to around rm400k... and a few years later when i wanted to buy esplanad at rm500+, they said crazy for bukit jalil... then they said crazy at rm400 for kinrara 9... so far everyone keep saying crazy crazy crazy.... but those who bought anyway can laugh their way to the bank now...

in fact just last year i wanted to get a unit in mutiara bukit jalil for rm580k and in sutera bukit jalil for around rm800k... both i didn't proceed...

but i did get some others which are doing ok too...

i'm not saying it won't crash... we just don't know when... so buy if you feel the property and price is right...

This post has been edited by hakon: Sep 22 2010, 10:43 PM

gomen talk talk now... but i suspect still internal discussion and arguments... probably (my opinion only) announce in the budget for next year in october.

i think a lot to consider... e.g. i have 1 property (my own name) and 1 property (share with wife). if wife and i want to buy a new property, is that considered 3rd property for me and 2nd property for wife? if want to take shared loan, how? kekeke...

actually, i asked some loan officers before... the general rule ranges between 33% to 40% some banks allow up to 40%.

however, if you are one of the high earners (e.g. 20-30k a month), the banks will relax the limit for you... but this one got no fixed guidelines... go case by case...

*the above is only what i hear from the bank officers - i cannot confirm true or not*

that's what most people will think... but let me ask you.... what percentage of working population earn less than rm20k a month and what percentage earns more than rm20k a month?

so where do you think the bubble is?

err... capital appreciation?

nope... i'm just a plain old investor... just like you guys... i have a full-time day job... not even in the real estate business...

possible... but i was giving a reason why people invest even though sometimes the monthly installments are more than the rental returns...

kekeke... you are much more direct than me... at least when i replied to him, i was polite...

post 1046 of this thread...

those who think property going to drop, continue to wait on the side... those who think property going to continue escalating, buy buy buy...

personally, i have been waiting for property to drop for a long time... never went down. last year i whack 2 biji condos... both have gone up in value by quite a lot... even if slup, i think won't go below what i put in... so to each, his own.

err... if market heads south, both suffer la... the bold and well-informed who masuk also kena...

definitely too soon to tell... but i'll ask anyway...

anyone notice any real effect of the 70% lvr? any slowdowns?

couldn't agree more... i'm not saying we are correct... never know where the wind will blow... but i'm putting my bets like you...

market price is what the market will pay... i.e. how much you can sell it off later... nothing to do with your perceptions or what you can afford...

Care to share about the bubble in bandar puteri?

kekeke... this is the first time i heard of unit trust bubble... and it happened in 2007-2008?