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Message: <blockquote data-quote="[PIMPIN]" data-source="post: 3465839" data-attributes="member: 2994">I could not possibly comment on other people's monsters. Time will tell perhaps?I'm in R35 league? Hahahah bro, I sponsor you new glasses. An R34GTR for which I'm extremely thankful and grateful that God has given me the means for one. When I was in Uni, I dreamed of coming back to KL and hopefully scraping together enough cash for an Evo 6 or S15 after a few years of work therefore I could not ask for more without giving some back.I got out just in the 1,400 range as it peaked at 1,500 points before the downward spiral. I actually started selling off a couple of months before they dissolved Parliament in Feb 2008 cause I knew that war chests had to be built and shares had to be sold. Actually, property prices in my opinion have yet to really reflect the current economic crisis. In the KLCC area, so far drop in price RM/sq ft is still in the 20% range but look elsewhere and then suddenly you'll notice alot more auctions for houses as of late.The high-end is more resilient cause they tend to be bought by foreigners, in most cases Middle Eastern investors. I guess in 2006-2007 there were many property funds both local and foreign buying up properties so that's why the Grade-A commercial properties sold well as did high-end condos and houses. The abolishment of RPGT also helped.But what I've noticed, even in my area is that nearly 100% houses were sold yet remain unoccupied so in time the prices will drop even further as investors seek better returns elsewhere. I'd like to pick up some more property this year and next provided finances permit. Perhaps expand my agricultural side even. Who knows, like I said, time will tell.As for London, well the City has been hit pretty badly. I don't personally own any property overseas. However, we had initially planned to list a company in the UK on the AIM exchange but that's been shelved indefinately.</blockquote>

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