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Greenwich
01-04-2015, 06:28 PM
Glad I stay 150 feet above ground level, no need auto gate, manual gate also no need... :D

bslee
01-04-2015, 06:41 PM
Glad I stay 150 feet above ground level, no need auto gate, manual gate also no need... :D

Of course, its a pro for where you chose to stay. All homes have pros and cons. Autogate can be one of them, but then at high rise apartments, automatic barrier to car parking can also spoil, but of course much less disappointment to residents, its onus of the management to repair.

Greenwich
02-04-2015, 08:47 AM
Yup, pros and cons... I think I have more pros than cons

I always think the taxpayers/ratepayers here are the most pitiful lot…

Numerous issues have been there for years and even decade but have never improved, let alone resolved.

Personally, I think no point to be a part of these nuisances and get annoyed by all these municipal nuisances.

Maybe I am a bit lucky....

- I don't need to worry about rubbish collection
- I don't need to worry of people’s car blocking my house entrance
- I don't need to worry of neighbor’s cats scratching my car
- I don't need to worry of flash flood in the place I stay
- I don't need to worry of stranger/salesman pressing my door bell
- I don't need to worry of dirty tap water entering my house
- I don’t need to worry of bright daylight break-in or people jump into my house in the middle of the night
- I don’t need to worry of concrete flyover built in front of my house or over my house roof
- I don’t need to worry of autogate/alarm system malfunction due to lightning
- I don’t need to worry of dusty road and noisy cars in front of my house.
- etc
- etc

Life is not for all these nuisances…

Naka
02-04-2015, 09:03 AM
Yup, pros and cons... I think I have more pros than cons

I always think the taxpayers/ratepayers here are the most pitiful lot…

Numerous issues have been there for years and even decade but have never improved, let alone resolved.

Personally, I think no point to be a part of these nuisances and get annoyed by all these municipal nuisances.

Maybe I am a bit lucky....

- I don't need to worry about rubbish collection
- I don't need to worry of people’s car blocking my house entrance
- I don't need to worry of neighbor’s cats scratching my car
- I don't need to worry of flash flood in the place I stay
- I don't need to worry of stranger/salesman pressing my door bell
- I don't need to worry of dirty tap water entering my house
- I don’t need to worry of broad daylight break-in or people jump into my house in the middle of the night
- I don’t need to worry of concrete flyover built in front of my house or over my house roof
- I don’t need to worry of autogate/alarm system malfunction due to lightning
- I don’t need to worry of dusty road and noisy cars in front of my house.
- etc
- etc

Life is not for all these nuisances…

I like to add:-

I too do not have to worry your above lists.:D even though I am on a 800sm landed property.

I can smell the flowers in the garden:rolleyes:
I have fruits in the garden.:rolleyes:
I can sit and sun-bath on the back lawn:rolleyes:
I have a big garden shed where I can do my hobbies.:D
I do not have to worry about burglary/robbery;)

termibait
02-04-2015, 09:24 AM
Sounds interesting....

I would like to add too.

I do not need to worry about water leaking from above unit.
I do not need to worry about malfunction lift.
I do not need to worry about noisy neighbor above me.
I do not need to worry about getting wet when it's raining, car park distance away.
I do not need to worry about getting permit in order to move things in and out from house.
I do not need to worry about forgetting car keys,house key in the car or house.
I do not need to worry about limited storage space.
......

Greenwich
02-04-2015, 10:50 AM
I do not need to worry about water leaking from above unit.
Yes, me too. Maybe I am lucky, I have been staying in my present place for 8 years. For the 1st two years, a young japaneses couple rented the unit above. After they left, the owner left the unit empty until now. I know the owner, she is a wealthy retiree and I believe she is much more luckier than me. She does not need RM4000 rental per month, and she seems like not interested to sell even the price now is more than twice the initial purchase price.


I do not need to worry about malfunction lift.
- Yes, me too. There are 3 lifts in the building and I have not experienced 3 of them malfunction at the same time..


I do not need to worry about noisy neighbor above me.
Yes, me too. Nobody live in the unit above me. In addition, my unit is a corner unit with no adjacent neighbours. In other words, I don't have neighbours sharing wall with me, left and right. Not sure about you.. ;)


I do not need to worry about getting wet when it's raining, car park distance away.
Yes, me too. The 4 storeys elevated car park is connected to the residence building by a covered pedestrian bridge. There are digital acess card readers installed at both ends of the bridge to prevent unathorised entry by visitors/contractors.


I do not need to worry about getting permit in order to move things in and out from house.
Oh, you are luckier than me on this but how often you have to move things in and out from house ?? Btw, I read news that burglar move things out from a house and neighbours think they are friends of the terrace house owner.. !! :eek:


I do not need to worry about forgetting car keys,house key in the car or house.
I am careful than you. I don't leave house keys in the car.. and for car key, I am sorry to tell you my car does not need a key..


I do not need to worry about limited storage space.
Hmm, you are luckier than me. Even though I stay in a 2000 sqft unit with total 3 persons inside, I still think it is a very small pigeon hole.. :(


Just to add two more things that I don't need to worry.

- I don't need to worry of moquitoes and therefore I can sit in the balcony enjoying the cool breeze at night holding a glass of nice wine !! This is nice especially after a heavy downpour. Sometimes when I wake up early, I can sit in the balcony listen to birds chirping in dawn when it is still dark without worrying of mosquitoes... :cool:

- I don't need to worry of termite too. I guess this is bad news for people who earn a living catching termite... ;)

Greenwich
02-04-2015, 11:24 AM
I like to add:-

I too do not have to worry your above lists.:D even though I am on a 800sm landed property.

I can smell the flowers in the garden:rolleyes:
I have fruits in the garden.:rolleyes:
I can sit and sun-bath on the back lawn:rolleyes:
I have a big garden shed where I can do my hobbies.:D
I do not have to worry about burglary/robbery;)

You are blessed... :)


I have thought of doing what you did when I was given an opportunity before.

I will still do it, probably in 8-10 years from now. At present moment, here is still make sense to me...

I don’t really fancy fruit garden, but flowers and bamboo are the must when I design a garden. On top of all, the house must have a view and this criteria kills a lot of potential choices. For me to find a place which is safe and come with a view which I can afford, there are 2-3 overseas places left now only.

London is expensive, no view and boring. I will get bore looking at St. Paul Cathedral from the house window after 1 month. Outskirt of central Japan and coastal Scotland are the best options so far.

The best is like what you do, keep a hut here and a hut there.. :cool:

Naka
02-04-2015, 12:27 PM
You are blessed... :)


I have thought of doing what you did when I was given an opportunity before.

I will still do it, probably in 8-10 years from now. At present moment, here is still make sense to me...

I don’t really fancy fruit garden, but flowers and bamboo are the must when I design a garden. On top of all, the house must have a view and this criteria kills a lot of potential choices. For me to find a place which is safe and come with a view which I can afford, there are 2-3 overseas places left now only.

London is expensive, no view and boring. I will get bore looking at St. Paul Cathedral from the house window after 1 month. Outskirt of central Japan and coastal Scotland are the best options so far.

The best is like what you do, keep a hut here and a hut there.. :cool:

OFF-TOPIC

Hahahahaha, if that is your view:D

BTW, these huts do not have burglary-proof-iron bars for the windows & doors and no fencing in front.:cool:

bslee
02-04-2015, 12:56 PM
London is expensive, no view and boring. I will get bore looking at St. Paul Cathedral from the house window after 1 month. Outskirt of central Japan and coastal Scotland are the best options so far.


I do sometimes watch LI channel on Asstro about property in great cities. Got!.. always got apartments with great view as suggested by those TV land property agents. Can pay or not?.. 600k minimum to a million or 2 in UK pounds.
But then again..our local property prices are already rediculous.. Million plus for terrace house like as if bank is your best friend to provide easy loan at finger snap?
No lah..property with luxury always come at a high price these days. Just have to do without heart's desires if can only afford so much. Life is much tougher now..have to earn more to keep up what we like to have in this mortal life.
Me have to cut numerous corners..I can only dream while circumstances around me make me poorer and poorer. I can only cling onto what I have right now..

Dervish
02-04-2015, 01:47 PM
“People are always blaming their circumstances for what they are. I don't believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want, and if they can't find them, make them.”

~~ George Bernard Shaw

Naka
02-04-2015, 01:56 PM
“People are always blaming their circumstances for what they are. I don't believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want, and if they can't find them, make them.”

~~ George Bernard Shaw

I like it..........:p:p

Greenwich
02-04-2015, 05:23 PM
I do sometimes watch LI channel on Asstro about property in great cities. Got!.. always got apartments with great view as suggested by those TV land property agents. Can pay or not?.. 600k minimum to a million or 2 in UK pounds...

Perhaps I need to define what is my expectation of " house with a view"...

- An apartment or house no matter what price tag or the location in city center has no view, in my opinion. You are just looking at another building in different design and people with different mixed. Granted, some good ones are located next to a park or a river and the scenery is not bad. But, if I have to spend all my hard-earned money for a few hundred sqft, this scenery is not worth my money. (when I am free, I will post 1 or 2 photos taken from the window of a decent hotel room which show scenery of a nice park or a nice river..)

- Horizon of ocean is a view. It is better if the tide, big wave and changes of color from dawn to sunset is visible from the rooms' windows.

- Seasonal changes of forest is a nice scenery. Lush green in summer, colorful in autumn and white snow in mountain right across your window is worth to die for...


p/s : my signature has expressed what I wanted to say...

Naka
02-04-2015, 05:35 PM
Perhaps I need to define what is my expectation of " house with a view"...

- An apartment or house no matter what price tag or the location in city center has no view, in my opinion. You are just looking at another building in different design and people with different mixed. Granted, some good ones are located next to a park or a river and the view is not bad. But, if I have to spend all my hard-earned money for a few hundred sqft, this view is not worth my money. (when I am free, I will post 1 or 2 photos taken from the window of a decent hotel room which show view of a nice park or a nice river..)

- Horizon of ocean is a view. It is better if the tide, big wave and changes of color from dawn to sunset is visible from the rooms' windows.

- Seasonal changes of forest is a view. Lush green in summer, colorful in autumn and white snow in mountain right across your window is nice.


p/s : my signature has expressed what I wanted to say...

OFF-TOPIC

How about this view which can also see (180 degrees to the left) from a 35F apartment, you see see water, hills etc

I am lazy to do a panoramic view3723

Greenwich
02-04-2015, 05:43 PM
OFF-TOPIC

How about this view which can also see (180 degrees to the left) from a 35F apartment, you see see water, hills etc

I am lazy to do a panoramic view3723

I afraid there is no seasonal changes of color of the hill

I afraid the river is just too small and too many man-made structures and buildings around the river



p/s : My wife keeps a small hut in JB (behind the Thistle hotel) which allow us to see Singapore, the fishing village and sunset but I don't think it is good view. I will take a photo next time I go there.

Greenwich
02-04-2015, 07:41 PM
...when I am free, I will post 1 or 2 photos taken from the window of a decent hotel room which show scenery of a nice park or a nice river..

The Stadtpark (City Park) in Vienna, from the room window of Hilton Vienna.

http://i1282.photobucket.com/albums/a539/rhigalouvre/PA090659_zpsl8xu3nvy.jpg


Inside the Stadtpark.

http://i1282.photobucket.com/albums/a539/rhigalouvre/PA090675_zpsuk0hnf7x.jpg


Hotel picture taken from the Stadtpark.

http://i1282.photobucket.com/albums/a539/rhigalouvre/PA090674_zpsfn35mvaq.jpg

Greenwich
02-04-2015, 07:47 PM
Sunset in Danube river, in front of Sheraton Bratislava, Slovakia.

http://i1282.photobucket.com/albums/a539/rhigalouvre/PA151041_zpsjwrjonnt.jpg


The Danube, from the 2nd floor of a restaurant

http://i1282.photobucket.com/albums/a539/rhigalouvre/PA151056_zpsrkdgrcwe.jpg

Naka
03-04-2015, 06:25 AM
[QUOTE=Greenwich;591353]The Stadtpark (City Park) in Vienna, from the room window of Hilton Vienna.




Inside the Stadtpark.




Hotel picture taken from the Stadtpark.[/UNQUOTE]

Now we can tok kok freely

So you are going to live in Hotels only?:D

Naka
03-04-2015, 06:42 AM
I afraid there is no seasonal changes of color of the hill

I afraid the river is just too small and too many man-made structures and buildings around the river



p/s : My wife keeps a small hut in JB (behind the Thistle hotel) which allow us to see Singapore, the fishing village and sunset but I don't think it is good view. I will take a photo next time I go there.

How do you know there is no seasonal changes in that apartment?:rolleyes: You haven't seen the other 160 degree angle!

Nothing wrong with the river & buildings, they are part and parcel of living.:confused:

Greenwich
03-04-2015, 08:34 AM
..So you are going to live in Hotels only?:D

No lah,

I show the park picture to illustrate the changes of color of tress. I would love to have a view with lush green and colorful leaf from my window. It is good to have a park with many trees, not 1-2 phathetic trees in front of the house.

Greenwich
03-04-2015, 08:42 AM
How do you know there is no seasonal changes in that apartment?:rolleyes: You haven't seen the other 160 degree angle!


Looking at the type/design of the buildings, I think the place is not in a country with 4 seasons. But I can be wrong.



Nothing wrong with the river & buildings, they are part and parcel of living.:confused:

Well, it is nothing wrong to have buildings..... but it is wrong to me not to have buildings of Baroque, Romanesque or Gothic architecture as part of the view outside the window.

The buildings show by your picture are too boring . I would rather wind down the curtain to block the view.. :D

Greenwich
03-04-2015, 09:15 AM
“People are always blaming their circumstances for what they are. I don't believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want, and if they can't find them, make them.”

~~ George Bernard Shaw

This was more than a century ago, Bernard can talkok as much as he liked.. :rolleyes:

LIFE IS NEVER FAIR AND NEVER THE SAME FOR DIFFERENT PEOPLE.. Period.

A child in Syria now can never have the same childhood like any other child in other peaceful countries.

Put this Bernard in a refugee camp at the border of Syria/Turkey and let see what is his opinion about life and circumstances.. !!

Mat Bruce
04-04-2015, 05:55 PM
Maybe we should post pictures of views from our bedroom?

termibait
05-04-2015, 10:04 AM
I do not need to worry about water leaking from above unit.
Yes, me too. Maybe I am lucky, I have been staying in my present place for 8 years. For the 1st two years, a young japaneses couple rented the unit above. After they left, the owner left the unit empty until now. I know the owner, she is a wealthy retiree and I believe she is much more luckier than me. She does not need RM4000 rental per month, and she seems like not interested to sell even the price now is more than twice the initial purchase price.


I do not need to worry about malfunction lift.
- Yes, me too. There are 3 lifts in the building and I have not experienced 3 of them malfunction at the same time..

You are lucky on this, I have seen condo with 3 lifts but only one is functioning.


I do not need to worry about noisy neighbor above me.
Yes, me too. Nobody live in the unit above me. In addition, my unit is a corner unit with no adjacent neighbours. In other words, I don't have neighbours sharing wall with me, left and right. Not sure about you.. ;).

Well, how many corner units are there in a condo


I do not need to worry about getting wet when it's raining, car park distance away.
Yes, me too. The 4 storeys elevated car park is connected to the residence building by a covered pedestrian bridge. There are digital acess card readers installed at both ends of the bridge to prevent unathorised entry by visitors/contractors.
You are lucky on this but I bet ur maintenance fee is costing u an arm and a leg.

I do not need to worry about getting permit in order to move things in and out from house.
Oh, you are luckier than me on this but how often you have to move things in and out from house ?? Btw, I read news that burglar move things out from a house and neighbours think they are friends of the terrace house owner.. !! :eek:
Sad to say when this day comes, it's gonna be very troublesome.


I do not need to worry about forgetting car keys,house key in the car or house.
I am careful than you. I don't leave house keys in the car.. and for car key, I am sorry to tell you my car does not need a key..
Oh ya? That is great, I do need a car key even though it is called keyless entry.


I do not need to worry about limited storage space.
Hmm, you are luckier than me. Even though I stay in a 2000 sqft unit with total 3 persons inside, I still think it is a very small pigeon hole.. :(


Just to add two more things that I don't need to worry.

- I don't need to worry of moquitoes and therefore I can sit in the balcony enjoying the cool breeze at night holding a glass of nice wine !! This is nice especially after a heavy downpour. Sometimes when I wake up early, I can sit in the balcony listen to birds chirping in dawn when it is still dark without worrying of mosquitoes... :cool:

Sad to say, even 20th floor height still got mosquitoes.

- I don't need to worry of termite too. I guess this is bad news for people who earn a living catching termite... ;)
Sad to say, I am doing this for living and have went to many condo units with termites even up in the sky at 30th floor....do a check up annually for yours. :)

Greenwich
05-04-2015, 01:59 PM
Thanks for your replies. Here are a few points I added.



I do not need to worry about water leaking from above unit.
Yes, me too. Maybe I am lucky, I have been staying in my present place for 8 years. For the 1st two years, a young japaneses couple rented the unit above. After they left, the owner left the unit empty until now. I know the owner, she is a wealthy retiree and I believe she is much more luckier than me. She does not need RM4000 rental per month, and she seems like not interested to sell even the price now is more than twice the initial purchase price.

Just to add on to this point. I joined the JMC when the building was still jointly managed by residents and developer. I think the nature of my training prompt me to find out the details of the M&E aspect of this building. I found out the water piping to the unit in this condo actually enters from the ceiling, not the floor. After I discussed with the M&E engineering firm, only I realised this is to minimize disputes between the affected unit and the unit above. With this type of piping design, the water leakage from the ceiling is the sole responsibility of the unit owner because the leakage comes from the in-coming pipes to the unit, not from unit upstairs. Of course, there are exceptions. When water leakage happens in the bathroom, balcony ceiling and yard ceiling, the source of leakage can either come from the piping or it can cause by poor water-proofing of concrete slab, or misalignment of floor trap and drain pipe.

I do not need to worry about malfunction lift.
Yes, me too. There are 3 lifts in the building and I have not experienced 3 of them malfunction at the same time..
You are lucky on this, I have seen condo with 3 lifts but only one is functioning.
Sure, every product comes with different variants and normally the price tag will decide the quality.

I do not need to worry about noisy neighbor above me.
Yes, me too. Nobody live in the unit above me. In addition, my unit is a corner unit with no adjacent neighbours. In other words, I don't have neighbours sharing wall with me, left and right. Not sure about you..
Well, how many corner units are there in a condo
Not many, for the place I stay, 2 units per floor.

I do not need to worry about getting wet when it's raining, car park distance away.
Yes, me too. The 4 storeys elevated car park is connected to the residence building by a covered pedestrian bridge. There are digital acess card readers installed at both ends of the bridge to prevent unathorised entry by visitors/contractors.
You are lucky on this but I bet ur maintenance fee is costing u an arm and a leg.
Of course, it is not cheap but I think a few hundred ringgit per month is nothing compare to the peace of mind everyday. If you amortize/divide all the additional investments of a landed house which are not required by a condo like burglary alarm system, cctv, autogate, reinforced roof, car porch extension, water filtration system, etc., I am sure the condo maintenance fee is not really an extra arm or leg..

I do not need to worry about getting permit in order to move things in and out from house.
Oh, you are luckier than me on this but how often you have to move things in and out from house ?? Btw, I read news that burglar move things out from a house and neighbours think they are friends of the terrace house owner.. !!
Sad to say when this day comes, it's gonna be very troublesome.
I don't understand what is so troublesome of filling a form and then email to the building management of the date/time and contractor details about an intended job?? The trouble (if there is any) is more to the service providers/contractor than to the owner.

I do not need to worry about forgetting car keys,house key in the car or house.
I am careful than you. I don't leave house keys in the car.. and for car key, I am sorry to tell you my car does not need a key..
Oh ya? That is great, I do need a car key even though it is called keyless entry.
This is not a car key, it is a sensor.

I do not need to worry about limited storage space.
Hmm, you are luckier than me. Even though I stay in a 2000 sqft unit with total 3 persons inside, I still think it is a very small pigeon hole..


Just to add two more things that I don't need to worry.

- I don't need to worry of mosquitoes and therefore I can sit in the balcony enjoying the cool breeze at night holding a glass of nice wine !! This is nice especially after a heavy downpour. Sometimes when I wake up early, I can sit in the balcony listen to birds chirping in dawn when it is still dark without worrying of mosquitoes...
Sad to say, even 20th floor height still got mosquitoes.
You are right, mosquitoes can be found irrespective of how high the unit but the nature of how the mosquitoes are there and the effort to get rid of them is very different compare to houses at ground level. Mosquitoes are likely sneak into the lift especially cargo lift. This is not a worry as the numbers are small. The potential risk is whether these mosquitoes can breed at the place when they get out from the lift. We do fogging every two weeks at the emergency staircase and the common corridor of every floor. So far so good, I don't have mosquitoes in my unit and I believe mosquitoes cannot reach my unit from surrounding air of such height..


- I don't need to worry of termite too. I guess this is bad news for people who earn a living catching termite..
Sad to say, I am doing this for living and have went to many condo units with termites even up in the sky at 30th floor....do a check-up annually for yours.
When I first moved in, I did ask professional pest controlled company like Rentokil to do a check-up every 6 months. Since no termite found, I reduced the check-up to once a year. I have stayed there for 8 years, maybe I am lucky, no termite problem in my unit, so far so good.

Henry T
06-04-2015, 04:35 PM
I am browsing some Subang Jaya condos here: http://www.iproperty.com.my/property/searchresult.aspx?t=S&gpt=E&st=SE&ct=Subang+Jaya&pt=CO&ns=1&gclid=CL3EuKyj4cQCFRJwvAod2GgAFQ

The Olives prices have doubled from the original. :eek:

Greenwich
06-04-2015, 04:48 PM
I am browsing some Subang Jaya condos here: http://www.iproperty.com.my/property/searchresult.aspx?t=S&gpt=E&st=SE&ct=Subang+Jaya&pt=CO&ns=1&gclid=CL3EuKyj4cQCFRJwvAod2GgAFQ

The Olives prices have doubled from the original. :eek:

If I am not wrong, I think this Olive was named Jana Tower before. This condo was there for a long time even before Saujana Residency (behind Subang Parade), Boulevard Subang Jaya and Laman Baiduri (after Holiday Vila hotel)..

A few weaks ago, I went to the curry fishhead shop at USJ4 for lunch. The business proprietor told me he wanted to shift to other places as the shoplot owner wanna sell the premise. Selling price is RM1.7 million but interested buyers only can get maximum valuation of RM900k from bank !!

Even they can get 80% financing, there is still short of RM980k !! :eek:

I think the seller can ask any price he thinks is fit, the question is who can buy them !! ;-)

bslee
06-04-2015, 04:51 PM
Yes..this is the crux of any price demanded and what customers he's targetting at. Targetting an audience and whether got such buyers able to buy or not is another story.
I too used to think they can damn well ask for the sky. Can get enough loan to finance the deal or not? Many won't pay cash upfront. Banks also worry about the money they lend out.

Henry T
06-04-2015, 05:00 PM
If I am not wrong, I think this Olive was named Jana Tower before. This condo was there for a long time even before Saujana Residency (behind Subang Parade), Boulevard Subang Jaya and Laman Baiduri (after Holiday Vila hotel)..

A few weaks ago, I went to the curry fishhead shop at USJ4 for lunch. The business proprietor told me he wanted to shift to other places as the shoplot owner wanna sell the premise. Selling price is RM1.7 million but interested buyers only can get maximum valuation of RM900k from bank !!

Even they can get 80% financing, there is still short of RM980k !! :eek:

I think the seller can ask any price they think is fit, the question is who can buy them !! ;-)

I know that curry fish head shop. 1.7 million for that shop? Bonkers.

I suspect these are the late sellers looking for suckers. I'm afraid they waited too long. I am looking at some 1.5 storey light industrial lots. There are plenty in USJ1 which are leasehold and have problem getting the title which was only settled recently. The prices shot up from 700k a few years ago to 1.7 to 2.0 million now. Rental is 3.5 to 4.0k.

Like the curry fish head shop I suspect the bank valuation will be 1.0 million at the most.

Better sit tight and wait for "durian runtuh" later. It will runtuh, no?

Greenwich
06-04-2015, 05:14 PM
...Better sit tight and wait for "durian runtuh" later. It will runtuh, no?

I have been waiting for a looooog time for "durian runtuh" in property... ;)

Me think the only realistic chance for this to happen is not driven from here, it depends on interest rate hike from Federal Reserve. The daughter of a professor here won't increase interest rate for the fear of recession or maybe she has no choice as political decision is the final decision in macro-economy.... but when rate hike is real and imminent in US, others would have to follow and this is the time durian will runtuh.... :p

Greenwich
07-04-2015, 11:04 AM
....Me think the only realistic chance for this to happen is not driven from here, it depends on interest rate hike from Federal Reserve..... :p

An abstract from a recent economic outlook I received recently...

The global economy is looking better and recovery in the major economies appears to be on track. However, what remains uncertain for now is when and how quickly the Fed will raise its interest rates. Fed policy remains a key risk and therefore a continued source of volatility for markets. On monetary policies, the Fed tapered the potential speed and degree of future rate hikes; this and the divergent easing policies of other central banks globally will underpin the performance of risk assets, until there is more clarity on the US rate hike cycle.