tag:blogger.com,1999:blog-18183714.post1965242360332087463..comments2024-03-08T20:25:35.963+08:00Comments on Malaysia-Finance Blogspot: Singapore Property OutlookSalvadorDalihttp://www.blogger.com/profile/06868577716920232901noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-18183714.post-30216662917996342702008-10-28T11:41:00.000+08:002008-10-28T11:41:00.000+08:00ivan,the 200k-400k is ok as buyers there are 90% h...ivan,<BR/><BR/>the 200k-400k is ok as buyers there are 90% home owners and will stay there ... its those above 600k... just go to some gated communities, even Sierramas East and West, you will still find many houses unoccupied and not rented out... of course who is to say the buyers need rent money... but there will be some who will need the rent money if they over extend....SalvadorDalihttps://www.blogger.com/profile/06868577716920232901noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-28577156950945036302008-10-28T09:04:00.000+08:002008-10-28T09:04:00.000+08:00In the late 70s, a HK guy with a Malaysian wife mi...In the late 70s, a HK guy with a Malaysian wife migrated to Singapore. He bought a terrace house in West Coast Road for around S$150,000 and sold it a couple of years later for S$500,000 when they moved to Australia. We were so envious then because the decision has nothing to do with speculation, just right timing. But I am sure the property must be worth at least a couple of millions now.<BR/><BR/>Many millionaires or even billionaires today owe their success to the simple idea of investing in landed properties. Just imagine, in Malaysia, buying estates at Rm500 per acre! Prices in the short term may rise and fall but over a generation, there was no mistake in doing so. This is still applicable but how many young folks have that kind of patience and thriftiness. <BR/><BR/>Houses in Malaysia within Rm200-300k, especially in and around KL should be able to hold as there are so many first time buyers. But for high-end properties, like what Dali mentioned, the big timers are even more discerning during bad times. At their level, they are also looking at returns on capital and maximising profits. I am sure they enjoy a good bargain any time. That is why many people do not believe we can mix business with friendship. With a good offer out of desperation, do you think they will sympathise with you and offer a higher price, or offer it to someone else? <BR/><BR/>On the other hand, I have come across many ordinary folks being selfless in offering good opportunities to others. It is like being averse to being rich, always thinking for the good of people rather than profiteering.<BR/><BR/>Having read the above again, I seem to have given the impression that rich people are not good. To clarify, I wish to say that they are looking at business opportunities on a detached basis, without knowing who is selling, like when we buy shares in the stock market. If we desire to be rich, we need to look out for opportunities and grab them, otherwise, we would miss it. This might be averse to some. Hope I have got the right message across.KoSong Cafehttps://www.blogger.com/profile/09257859564265735807noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-39348806427590192992008-10-27T21:48:00.000+08:002008-10-27T21:48:00.000+08:00Dali,So, how about the price of house in msia? I d...Dali,<BR/><BR/>So, how about the price of house in msia? I do remember you share a article with high end property before. ..<BR/><BR/>how about condo or residential house worth Rm200-300K? Base on your experience,do you think the price for residential will drop 20%?Ivanhttps://www.blogger.com/profile/06127693268170414135noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-48178178617201360482008-10-27T15:21:00.000+08:002008-10-27T15:21:00.000+08:00Yes it is very hard to say anything on property ra...Yes it is very hard to say anything on <A HREF="http://plets.co.uk" REL="nofollow">property</A> rates as it keeps on fluctuating... Nice info.Sarahttps://www.blogger.com/profile/07256726803090172111noreply@blogger.com