you're right, those waiting for property price drop is just a dream.

Property is an asset, everybody need one. if it can't flip, you can rent, if it can't rent, you can move in for own stay.
still remember the previous property market drop was on 1997/98. developers offer free 1 mercedes for buy a bunglow unit. but don't remember those rich investors were stand by to buy cheap stuff at this time, hence the bottom line was supported. after all since year 2000 the property price are going up all the while until now.
same thing happen in US nowadays, the price is dirt cheap but bear in mind the rich investors are get really go into market! the price can be bring up or support in certain level.
for those who waiting the price drop, please wait for next recession, but don't forget during that time, will you secure you job? will you dare to take loan from the bank? and what's the interest rate & condition offer from the bank by then? are you 1 of the cash rich fellow to stand by this moment? if you got your answer, why still waiting?
here is a good statement from one of the forumer; if you don't buy bunglow now, with this price it can only applicable to a semi-D later, if you still wait, with the same price it can only applicable for a link house, still wait again, then only for a condo.
few years ago, semi-d was offer arround 600K, what's the price for a condo nowadays??

that's exactly we're talking about.
that's why i said waiting for price drop just a dream.

some people keep on saying property bubble burst, i think they're not really understand what's property bubble.

Nikmon,

there have plenty of 200k - 300k subsale property out there.
don't just look at the new launch, even there still have some affordable new launch, example Z residence at bukit jalil.

Prody,

i think not yet as i do not follow up this, the best way is you follow up the z residence' discussion in this forum.

up to you whether believe or not believe, affordable or not affordable, going to survey or not, buy or not buy.
now i'm busy to do the BMW X6 test drive.

Well sAid

Dr M joke only

27k tax amount for the 150k mean 18% tax, every single dollar above 150k is 27% tax.

Mr. cybermaster98, please read my post properly above. listen to person who paying maximum tax bracket for many years.

well, let me clarify again and listen properly:-
27k + tax amount for the 150k means 18% tax, every single dollar above 150k is 27% tax.

many peoples are confusing about the tax bracket, they don't understand only pay certain amount for the 1st 100k, then only 26% on the balance, for example the overall tax % for 10k/month income is only 11%.
even peoples earning 1 million per year are not paying 26% tax.

I will hope the property price keep going up and up till some people stay under the bridge. This is an ugly thought, but I don't care....

just kidding, please don't take it serious and good morning everyone.............

brother, don't take it seriously as i just kidding.
for you info, make sure you migrate to a country where can get cheaper property otherwise you will complain again and again...

properties in australia has been escalate more than 50% recently, there just similar here in malaysia, landed properties are very expensive unless you get far away from town, price in prime area are super duper high as well.

if you say their amenities is far better then i have agree with you.

i have to agreed with 'Veda', because we have experience the 1997 crisis, that's what happened to the bank interest, loan margin and bank value, also you won't dare to spend due to your unstable job, companies are bankrupt everywhere, retrenchment here and there, trust me! you won't dare to buy by that time, end up the rich fella the winner, because they are standby for this moment.
conclusion is the rich fella always be the winner, if you wanna be the winner; go and earn as much as you can. whether you agree or not, happy or not happy my statement; this is the fact.

bro yeowa,

well, i'm not telling when to buy, where to buy and what to buy!
also not telling when the bubble is, when the price keep going up.
i'm just telling you guys that hoping for the bubble burst is definitely no fun. just example the US nowadays, properties at the peak from USD150k drop to USD40k, why the local people not go and sapu since it's cheap? because they have jobless and sitting at home for many months, some of them are worry about their job whether secure and some facing huge pay cut, do you think they care about plenty of cheap properties out there?
if you experience the 1997 crisis you'll definitely understand the feeling, during 1998 chinese new year was like a dead town, quiet like hell, the worst festival mood ever in my life, retrenchment everywhere, pay cut etc.
i think there will be a market correction, some area might maintain and some area might drop 5-10%. hoping for 30-50% drop is definitely not market correction already...

Dear all,

Happy Anniversary of 100 pages, after 5% RPGT and 70 Loan Margin implemented, the price still not yet drop, some location has stagnant and some location still up up up, some new launching still in good respond.
Happy new year 2011............

property is not sure win investment but is a very good way to invest, the records from all around the world have proven that, the bank will not buy up all the properties as they're major in banking business but of course they invest into property as well, no one will buy all the properties because not every property is good buy, but there have investors who own major and investors who own minor of the properties in the country.
even Lee Kah Sing have not own all the properties in Hong Kong but he's a major owner.