Wednesday 19 August 2015

Are you still speculating on property?

Where are we now? Probably somewhere at 2 to 4 o'clock

The prices of major asset classes have declined.

Stock market has come down

Price of local bonds have come down

Price of 10-year MGS

Gold price had started to decline much earlier

Crude oil, Brent, has started to plunge since end-2014

And RM is not spared, returning to 1998 financial crisis level

Prices of major asset classes have dropped. Prices of property stay elevated. Do you see 6 o'clock coming?

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