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Financial Are property prices going to drop? V2, The heated debate continues

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TSVeda
post Feb 22 2011, 07:07 AM, updated 15y ago

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The original topic was started in July 2008 and was closed in Feb 2011
http://forum.lowyat.net/topic/741185

Nearly 3 years passed during which property prices not only failed to drop but went up sharply (in Klang Valley and Penang).

Let the debate continue.


P.S. if the property market does crash and you want to sell your property at a big discount, PM me tongue.gif

This post has been edited by Veda: Feb 22 2011, 07:18 AM
keithcky
post Feb 22 2011, 08:34 AM

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Yesyesyes wait ok?
kochin
post Feb 22 2011, 08:38 AM

I just hope I do!
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perhaps this thread title should be "Are properties prices going to rise?"
ivanachang
post Feb 22 2011, 08:43 AM

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perhaps "Developers Bankers Agents manipulation"
hidden830726
post Feb 22 2011, 08:47 AM

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All the haters hahaha.

I can still see BBB atm at certain area. It's stil gonna go up up up.

Edit: RIP V1

This post has been edited by hidden830726: Feb 22 2011, 08:50 AM
epie
post Feb 22 2011, 09:27 AM

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welcome v2
so conclusion for v1 no price drop so far
jady
post Feb 22 2011, 09:48 AM

-----camology-----
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still raising at the moment...

the latest leaflet i got from local developer..

Original price: RM319 000
Current Price: RM329 000

Nice eh? shakehead.gif

This post has been edited by jady: Feb 22 2011, 09:48 AM
TheDoer
post Feb 22 2011, 09:48 AM

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QUOTE(epie @ Feb 22 2011, 09:27 AM)
welcome v2
so conclusion for v1 no price drop so far
*
Give it a break, k?

Don't be like the kid who keeps asking "are we there yet?".
PUPUMAMA
post Feb 22 2011, 09:50 AM

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Up up and away!
eXTaTine
post Feb 22 2011, 09:57 AM

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No drop due to domestic and macro factors....with hyperinflation, doubt there will be any major drop in property prices...
epie
post Feb 22 2011, 10:00 AM

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QUOTE(TheDoer @ Feb 22 2011, 09:48 AM)
Give it a break, k?

Don't be like the kid who keeps asking "are we there yet?".
*
i think u must give it a break...i'm giving conclusion for v1 icon_idea.gif
nobody knows for sure wats gonna happen in v2 whistling.gif
TheDoer
post Feb 22 2011, 10:11 AM

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QUOTE(epie @ Feb 22 2011, 10:00 AM)
i think u must give it a break...i'm giving conclusion for v1 icon_idea.gif
nobody knows for sure wats gonna happen in v2 whistling.gif
*
Well, there's no need for you to conclude it, because we all know it hasn't happen. And if true to history, nay sayers will pop in and announce it again.

Like the kid who keeps asking "are we there yet?"

If my suspicions are correct, then the nay sayers are basically the speculators with alot at stake.
CKHong
post Feb 22 2011, 10:15 AM

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v1 started.. fresh grad around 2k salary.. properties 200k++
food RM2~RM3
people starting to shout .. properties so freakin expensive..
v2.. fresh grad 2k~3k salary.. properties from 200k++ become 300k to 400k++ [new one i mean biggrin.gif ]
food RM4.5~6
people starting to feel the pain that they can't afford to get a house..
debate start biggrin.gif
see the difference ? hehe.. problem is income of the rakyat kenot cope with the property price + fuel hike + food hike etc etc
keep buy keep buy..buy more~~~ move bolehland economy~~~ biggrin.gif
next time bolehland reli change to high income country.. we'll remember the efforts u all made cool2.gif
keithcky
post Feb 22 2011, 10:17 AM

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QUOTE(TheDoer @ Feb 22 2011, 10:11 AM)
Well, there's no need for you to conclude it, because we all know it hasn't happen.  And if true to history, nay sayers will pop in and announce it again.

Like the kid who keeps asking "are we there yet?"

If my suspicions are correct, then the nay sayers are basically the speculators with alot at stake.
*
Buy things with potential you wouldn't need to wait for the price to drop. Anytime is a good time.
CKHong
post Feb 22 2011, 10:19 AM

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QUOTE(TheDoer @ Feb 22 2011, 10:11 AM)
Well, there's no need for you to conclude it, because we all know it hasn't happen.  And if true to history, nay sayers will pop in and announce it again.

Like the kid who keeps asking "are we there yet?"

If my suspicions are correct, then the nay sayers are basically the speculators with alot at stake.
*
sometime i felt that they're trying to ask more people to join their game.. cus they got alot of chips on hand tongue.gif
and they want to get rid of some / most of their chips.. by telling ppl that the properties will keep on going up.. buy now buy now..
aha.. just my guess..


Added on February 22, 2011, 10:20 am
QUOTE(keithcky @ Feb 22 2011, 10:17 AM)
Buy things with potential you wouldn't need to wait for the price to drop. Anytime is a good time.
*
this one needs clever + lucky people..
how can u certain that the place is potential o not ? uncertainties smile.gif

This post has been edited by CKHong: Feb 22 2011, 10:20 AM
TheDoer
post Feb 22 2011, 10:24 AM

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QUOTE(keithcky @ Feb 22 2011, 10:17 AM)
Buy things with potential you wouldn't need to wait for the price to drop. Anytime is a good time.
*
True, but you must understand, we do not wait for the fun of it. We wait, because we can't afford.

Further more, this is simply a price watch, not meant to influence anybody to buy or not to buy.

Personally I say if I wanna buy a home any price is ok as long as I like it, and I can afford it. If wanna invest, I will think twice.


Added on February 22, 2011, 10:25 am
QUOTE(CKHong @ Feb 22 2011, 10:19 AM)
sometime i felt that they're trying to ask more people to join their game..  cus they got alot of chips on hand  tongue.gif
and they want to get rid of some / most of their chips.. by telling ppl that the properties will keep on going up.. buy now buy now.. 
aha.. just my guess..
*
nod.gif most probably.

This post has been edited by TheDoer: Feb 22 2011, 10:25 AM
property101
post Feb 22 2011, 10:32 AM

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QUOTE(kochin @ Feb 22 2011, 08:38 AM)
perhaps this thread title should be "Are properties prices going to rise?"
*
+ 1 rclxms.gif
jphlau
post Feb 22 2011, 10:43 AM

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QUOTE(CKHong @ Feb 22 2011, 10:15 AM)
v1 started.. fresh grad around 2k salary.. properties 200k++
food RM2~RM3
people starting to shout .. properties so freakin expensive..
v2.. fresh grad 2k~3k salary.. properties from 200k++ become 300k to 400k++ [new one i mean  biggrin.gif ]
food RM4.5~6
people starting to feel the pain that they can't afford to get a house..
debate start  biggrin.gif
see the difference ?  hehe..  problem is income of the rakyat kenot cope with the property price + fuel hike + food hike etc etc
keep buy keep buy..buy more~~~  move bolehland economy~~~  biggrin.gif
next time bolehland reli change to high income country.. we'll remember the efforts u all made  cool2.gif
*
You are wrong. the average salary for fresh grad in v2 is still 2k or less.....
epie
post Feb 22 2011, 10:47 AM

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QUOTE(TheDoer @ Feb 22 2011, 10:11 AM)
Well, there's no need for you to conclude it, because we all know it hasn't happen.  And if true to history, nay sayers will pop in and announce it again.

Like the kid who keeps asking "are we there yet?"

If my suspicions are correct, then the nay sayers are basically the speculators with alot at stake.
*
i wonder y u are so angry with me doh.gif for all i know i just stating the fact
everybody can share their opinions here, and i never said that u r wrong about ur prediction
but 1 thing for sure, i aint no speculator sweat.gif
no hard feeling bro

QUOTE(CKHong @ Feb 22 2011, 10:19 AM)
sometime i felt that they're trying to ask more people to join their game..  cus they got alot of chips on hand  tongue.gif
and they want to get rid of some / most of their chips.. by telling ppl that the properties will keep on going up.. buy now buy now.. 
aha.. just my guess..


Added on February 22, 2011, 10:20 am

this one needs clever + lucky people..
how can u certain that the place is potential o not ? uncertainties  smile.gif
*
maybe ur guess is slightly wrong
i dun have alot of chips in my pocket
as for me buy some, rent some and sell some whistling.gif
SUSjasonhanjk
post Feb 22 2011, 10:49 AM

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Just increase my rental by 10% in JB. Property price will drop if rental is not sustainable.

So price for me is still going up and just paid earnest money for 8th property. rclxms.gif

This post has been edited by jasonhanjk: Feb 22 2011, 10:50 AM

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