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

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wwwcomment
post May 26 2011, 05:28 PM

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oh shoot
if u know what i mean.
sulifeisgreat
post May 26 2011, 05:38 PM

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whether we like it or not, facts r stubborn things
either u accept it or go under tempurung nod.gif
there were some irresistible good deals around lately wub.gif

my criteria is the rakyat/ foreign students must have the affordability to rent from me
I not flipping type, can't make fast bucks & becum billionaire laugh.gif
until the usa federal reserve start raising int rate, the party is still not over rclxm9.gif

heck! even if prop rise 10% annually fr yr 2008 & drop 20% in yr 2018. its stil better than fd & beats inflation too brows.gif

22222222
post May 26 2011, 05:51 PM

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QUOTE(sulifeisgreat @ May 26 2011, 05:21 PM)
SURE BOH now alredi middle of year 2011 & the thread title is misleading  biggrin.gif

I was busy & no time to do mocking. hehe.. busy liquidating some equities & pumping into properties  icon_idea.gif
its good to reapportion capital regularly & dun just leave the equities for cucu benefit  laugh.gif
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haha....i and u terbalik......i selling my property and going to equities..... biggrin.gif

Exchange...exchange...loh!
sulifeisgreat
post May 26 2011, 06:41 PM

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laugh.gif well at least we r taking a stand & making decision, no right or wrong wink.gif as long as we beating inflation/ fd int rate, its goodie thumbup.gif

QUOTE(22222222 @ May 26 2011, 05:51 PM)
haha....i and u terbalik......i selling my property and going to equities..... biggrin.gif

Exchange...exchange...loh!
*
lucerne
post May 26 2011, 07:44 PM

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QUOTE(CKHong @ May 26 2011, 09:43 AM)
another one is major issue...
2012 [the movie]
smile.gif
I hope bolehland stop promoting Potong car..
reduce tax for imported car.. damn.. if without tax.. i can get decent car with nice price.. not so much problem.. rosak sini rosak sana..
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u wait long long, now potong want BN to protect them forever...

http://www.themalaysianinsider.com/busines...ralised-market/
tigana
post May 26 2011, 08:32 PM

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QUOTE(wankongyew @ May 25 2011, 03:56 PM)
You can't build a reliable bus system that earns money mostly from fares. That just forces bus operators to maximize their income by sticking to the most heavy volume routes only and to wait for the maximum number of passengers before moving. This also encourages drivers to be creative about their route to make more money. Instead, you need a subsidy system that rewards bus drivers for being reliable. You need a timetable such that the bus should appear at each stop on the indicated route at a specific time. You'd need some electronics to monitor all this but the idea is that bus drivers get rewarded for sticking to the schedule as closely as possible.

You probably can't build an efficient public transport system based on usage fees alone. You always need a subsidy from car users. The trade-off is that buses use the road infrastructure more efficiently so it's justifiable to tax car users more heavily on road / petrol taxes and the like to fund public transport.
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Yes, and these were Rapid KL buses. The drivers are paid monthly salaries and quite a good package too I am told. The mini bus system in the past - ironically - was better. Bus drivers had to be dilligent in plying the routes - no passengers - no pay. But now you still get paid whether you carry passengers or not. Of course in the long term , the Rapid KL bus model is the best (mini bus are too packed and uncomfortable) but there has to be a good management and system to ensure that the bus drivers do their jobs properly and on time.
nkhong
post May 26 2011, 10:29 PM

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QUOTE(Gensuper @ May 26 2011, 02:49 PM)
thk38 said......."Properties price goes up and surely down, it happen worldwide and it will happen again, and again, and again..."
So i jus curious......
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Everyone also wish to know the answer but nobody will know except god. People can only predict based on their knowlegde and experience. The person that predicted it right will become rich people.

Someone told u something and u believe it then u are too naive. You have to do some analyze and judgement.
thk38
post May 26 2011, 11:57 PM

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QUOTE(Gensuper @ May 26 2011, 02:49 PM)
thk38 said......."Properties price goes up and surely down, it happen worldwide and it will happen again, and again, and again..."
So i jus curious......
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Check this out
Foreclosures for sale: Big supply, low prices
CKHong
post May 27 2011, 09:26 AM

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jialat liao for US.. :'(
sulifeisgreat
post May 27 2011, 10:26 AM

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aiyo doh.gif the previous policy was to allow those without stable income to buy many properties
since they definitely cannot pay loan, then sure default la doh.gif doh.gif tat is y its called SUBPRIME
anyway, all the article imply is things r still bad in usa
so they can't raise interest rate yet or it will kill the fragile economy doh.gif doh.gif doh.gif
means inflation mode still on & those who keep money in fd will have to park it elsewhere to get better returns rclxm9.gif
those waiting price drop, good luck & how is the battle betwn inflation & u doing laugh.gif GREAT brows.gif
RedBishop
post May 27 2011, 11:16 AM

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still going up and not down, more and more coming
CKHong
post May 27 2011, 01:32 PM

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previously thought forumers was joking
Tycoon Li Kashing firm buying malls in Malaysia
http://biz.thestar.com.my/news/story.asp?f...88&sec=business
come invest in bolehland.. nice one li KaShing !
felixmask
post May 27 2011, 02:06 PM

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All sifu,
I would like to ask sifu opinion, as we know Klang Valley property all are overvalue from bank market value. I seen a property a fully furnish condo is selling rm300k and near the LRT. But the bank market valuer given me only rm270k. Should i wait and see the property to drop(when) or buy now. FYI i need folk up rm30k for deposit and remaining i will take from EPF. Is that worth to buy now or waiting the cond value drop ?
Nepo
post May 27 2011, 02:15 PM

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QUOTE(felixmask @ May 27 2011, 02:06 PM)
All sifu,
  I would like to ask sifu opinion, as we know Klang Valley property all are overvalue from bank market value. I seen a property a fully furnish condo is selling rm300k and near the LRT. But the bank market valuer given me only rm270k. Should i wait and see the property to drop(when) or buy now. FYI i need folk up rm30k for deposit and remaining i will take from EPF. Is that worth to buy now or waiting the cond value drop ?
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Buy now if u can especially for own stay. RM300 vs RM270 still not far apart, recommend buy! smile.gif
CKHong
post May 27 2011, 02:19 PM

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QUOTE(Nepo @ May 27 2011, 02:15 PM)
Buy now if u can especially for own stay. RM300 vs RM270 still not far apart, recommend buy! smile.gif
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agreed.. somemore fully furnish..
the place i saw.. non furnish.. the design like shakehead.gif ..
market value vs requested by genius seller.. diff 50k
After i heard that straight away i tell my gf "i dun wan this place already"
cherroy
post May 27 2011, 04:35 PM

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QUOTE(felixmask @ May 27 2011, 02:06 PM)
All sifu,
   I would like to ask sifu opinion, as we know Klang Valley property all are overvalue from bank market value. I seen a property a fully furnish condo is selling rm300k and near the LRT. But the bank market valuer given me only rm270k. Should i wait and see the property to drop(when) or buy now. FYI i need folk up rm30k for deposit and remaining i will take from EPF. Is that worth to buy now or waiting the cond value drop ?
*
This is not classified as overvalued.
Bank only value the property worth aka excluded renovation and full furnished or not issue.

There is no such thing of worth or not worth if you are buying for your own stay. smile.gif


Added on May 27, 2011, 4:37 pmBuy a new condo, totally blank one.
Renovation, furniture stuff, even only renovate the most simpler, basic, 50-100k is norm.

A sofa cost you >Rm2k, bed >1k, cabinet, table, especially nowadays wooden stuff is very expensive.
Those furniture alone >10-20k on the most basic.
If customised even costly.

Not yet count the kitchen stuff, another 10-20k.

Electrical wiring >5-10k.

This post has been edited by cherroy: May 27 2011, 04:40 PM
bluesfingers
post May 29 2011, 04:32 PM

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QUOTE(cherroy @ May 27 2011, 04:35 PM)
This is not classified as overvalued.
Bank only value the property worth aka excluded renovation and full furnished or not issue.

There is no such thing of worth or not worth if you are buying for your own stay.  smile.gif


Added on May 27, 2011, 4:37 pmBuy a new condo, totally blank one.
Renovation, furniture stuff, even only renovate the most simpler, basic, 50-100k is norm.

A sofa cost you >Rm2k, bed >1k, cabinet, table, especially nowadays wooden stuff is very expensive.
Those furniture alone >10-20k on the most basic.
If customised even costly.

Not yet count the kitchen stuff, another 10-20k.

Electrical wiring >5-10k.
*
A Condo needs 50k-100k for renovation+furnitures is a norm notworthy.gif

pohang
post May 30 2011, 02:04 PM

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Singapore’s Property Market Headed Towards a Perfect Storm?
"Will the boom never end"

http://sg.finance.yahoo.com/news/Singapore...703083.html?x=0

Did this sound familiar to Malaysia property market olso??? sad.gif

This post has been edited by pohang: May 30 2011, 02:06 PM
Onemorething
post May 30 2011, 02:12 PM

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QUOTE(pohang @ May 30 2011, 02:04 PM)
Singapore’s Property Market Headed Towards a Perfect Storm?
"Will the boom never end"

http://sg.finance.yahoo.com/news/Singapore...703083.html?x=0

Did this sound familiar to Malaysia property market olso???    sad.gif
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Typcially PONZI mentality for the SHEEPLE!

AUS and CAN props on the verge along with CHINA so you make the call! HK-SING-MALAY listings have grown quickly. Transactions few. The signals are there.

Sell in May and go away! US re-entry to recession to show signs in July and full swing in Dec.

This post has been edited by Onemorething: May 30 2011, 02:12 PM
sampool
post May 30 2011, 02:18 PM

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QUOTE(Onemorething @ May 30 2011, 03:12 PM)
Typcially PONZI mentality for the SHEEPLE!

AUS and CAN props on the verge along with CHINA so you make the call!  HK-SING-MALAY listings have grown quickly.  Transactions few.  The signals are there.

Sell in May and go away!  US re-entry to recession to show signs in July and full swing in Dec.
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So, we will expected GE in July b4 any things... sweat.gif laugh.gif laugh.gif

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