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

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CKHong
post Mar 14 2011, 09:34 AM

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QUOTE(kochin @ Mar 14 2011, 09:19 AM)
many many years ago, when teh tarik is 30cents, we drank happily.
inflation came, and teh tarik became 40 cents, we still drank happily.
inflation came again and teh tarik became 50 cents. we grumble but still shout to the mamak teh tarik please!
when sugar shortage came, teh tarik became 70 cents. we were upset but yet we still drank but ordering teh tarik kurang manis, hoping it will reduce the sugar consumption and hoping that the price will come back down.
teh tarik increased to 90 cents because petrol was suddenly increased substantially. mamak says it's due to logistics cost. we still order our teh because it's still cheaper than the canned drinks.
teh tarik went up to rm1.20, we still have it with our roti canai.
inflation came again, teh tarik is rm1.50, we curse here and there but yet we still order our tarik!
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hehe.. u're trying to relate teh tarik with props or i read it wrongly ?
CKHong
post Mar 14 2011, 09:50 AM

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QUOTE(TheDoer @ Mar 14 2011, 09:38 AM)
Yes yes yes...  let's fight for RPGT.
*
pls... our gomen.. change from 5% to 40~60%..
i confirm very very little ppl is gonna invest the props..
notworthy.gif notworthy.gif
i will vote BN if u do that...

This post has been edited by CKHong: Mar 14 2011, 09:50 AM
CKHong
post Mar 14 2011, 11:28 AM

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aha.. as now BN make my life miserable..
i will surely won't vote for them biggrin.gif
CKHong
post Mar 15 2011, 09:19 AM

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i hope all rich ppl go buy millions worth of house..
at least those rich one won't rebut those cheap house with me this poor ppl..
CKHong
post Mar 15 2011, 12:34 PM

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i hope biggrin.gif
japan is the 3rd largest economy rite ? in asian
CKHong
post Mar 17 2011, 10:49 AM

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election.. faster come..
after election.. there will be alot of super project and everything increase/decrease...
CKHong
post Mar 18 2011, 09:24 AM

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i wonder whats gonna happen,
if they kept on saying " material price will up "
then jack up the property price..
then nobody buy the props..
CKHong
post Mar 18 2011, 09:40 AM

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i hope they come malaysia..
then my son is going for japanese biggrin.gif
+ we'll have another minority here.. which will be treated same like chinese + india..
berat sama dipikul, ringan sama dijinjing ma.. we need more ppl to share our fate

This post has been edited by CKHong: Mar 18 2011, 09:41 AM
CKHong
post Mar 18 2011, 01:43 PM

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ivana.. use chrome.. then it will ask whether u wanna translate to it o not
smile.gif
i'm banana as well.. but google translate it.. i'm kinda get what it means smile.gif
CKHong
post Mar 18 2011, 04:07 PM

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hehe... cleo..
same as me.. using my mom's car..
so happy.. going to borrow 1~2 more years then oni see how's my financial.. see if can get a car or not..
but u're much more luckier than me..
as for me, maintenance are more expensive than urs..
but still more better than go get a new car now.. which each month have to fork out 700~900 per month..
CKHong
post Mar 21 2011, 09:33 AM

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QUOTE(lucerne @ Mar 20 2011, 10:23 PM)
tell me where is the empty houses???
in KL or near KL, dun tell me the ulu ulu places...my area (Setapak) when a new condo VP-ed , all the units willl be filled in just few months. i think it is the same for other part of KL/PJ.  i hardly see any empty units (old and new condo) in my area.
pls take note KL will have 7 millions population by 2020 by NEM (now 3, 4mil?)...it may be from the kampong, small towns eg bidor, kampar etc or immigrants (professional or illegal) and they all need house.. and kampong ppl want to upgrade to taman houses.
it is similar in Sg, when population increased last 3-4 years (from 4mil to 5mil, 30% up) and so the prop price goes up too..

dun just simply say without findings..
*
property in kelana jaya.. also at most 60% occupancies..
biggrin.gif i balik rumah from work.. pass by around 4~6 condo.. 40% of the light is totally off (whole unit totally no light)..
maybe they all want to save electric then close all the light ?
CKHong
post Mar 21 2011, 10:16 AM

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QUOTE(sampool @ Mar 21 2011, 09:50 AM)
ha ha.. yesterday i just heard a friend said his cust who stay in BU (value about rm 1mil) unable to come out RM500++ to pay for the service of his household thing.. and need to pay the $ after one week later...  smile.gif  not many ppl stay big house got $$, many still struggle.
*
that is when someone play too much fire cracker until fire came out..
CKHong
post Mar 21 2011, 02:05 PM

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agreed.. biggrin.gif
alot ppl dun declare one..
but if they dun declare.. kinda hard for them to buy props rite? tongue.gif
CKHong
post Mar 21 2011, 02:24 PM

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i thought those working overseas.. will normally buy new props ?? quite less buying subsale rite ? am i wrong ?
CKHong
post Mar 21 2011, 06:49 PM

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the oni thing i know is go genting change money nie..
seems like lobang here and there biggrin.gif
CKHong
post Mar 22 2011, 10:46 AM

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hmm... why neva say b4 2008 geh..
shud start from 2006, 2007, 2008 mah
u oni say the year that it go up biggrin.gif

opps... this thread started 2008 ah..
LOL..
tat means after bubble on 2008 oni got ppl start this thread..
sorry my bad sad.gif

This post has been edited by CKHong: Mar 22 2011, 10:47 AM
CKHong
post Mar 23 2011, 09:40 AM

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QUOTE(soongkm @ Mar 23 2011, 05:31 AM)
No la, in this "real world in malaysia" real estate prices will always go up up up .....never come down one...  our beloved superpm got all those ETP, PPT, TTP, TFK blah blah blah to keep this economy going up up and away! 

So no la, where got crash one la.  Waiting for a property crash? no such thing in malaysia one lah....the only direction for real estate prices in malaysia to go is up up and away...just like superman!  Because we got the superpm with all those super jargon such as ETP,NEP, PPT, TTP TFK to keep malaysia going to be a very developed super sophisikasi society of the Super First World by 2020 and we are going down the final lap of very "exciting" time to become a super developed first class nation.

So mana ada property crash...macam-macam ada tapi tiada property crash in malaysia...never will happen one, because we got superpm just like superman to keep the property market and macam-macam things under the matahari in malaysia to go up up and away!


Added on March 23, 2011, 6:50 am

up up and away... but dun know which way la...just need to see which way is going...
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lol.. ur analysis is only after 2009+
what about 2008 ? i thought 2008 prop crash ??
nice analysis rclxms.gif
CKHong
post Mar 23 2011, 09:45 AM

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QUOTE(TheDoer @ Mar 23 2011, 09:42 AM)
Yeah... I noted that current malls in melaka aren struggling with each other for business. And yet, new branches keep opening. I wonder how they sustain themselves.

I've seen several such places openning, closing, change management and repeat.  eg. Melaka mall.   Plaza melaka raya.
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hehe.. let them go and invest.. BBB mode ma..
now that the price is so much higher.. i'm wondering will those smart investor stop BBB or not.. since the profit sure will become lower for them and the risk is higher[condo everywhere! nod.gif ]..
and also not much subsale since they jacked up the price that much.. i wanna see how long can they hold biggrin.gif wait till they start to pay monthly installment for each and every props they got..
with so many empty unit(unable to sell/rent) from what i view in my working place kelana jaya ... other place not sure la~
tengok sapa menang

This post has been edited by CKHong: Mar 23 2011, 09:49 AM
CKHong
post Mar 23 2011, 12:25 PM

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QUOTE(godutch @ Mar 23 2011, 10:52 AM)
agreed that if the property market is still HOT HOT HOT, then speculators will be busy accumulating properties quietly if they are so sure that prices will increase 20%?30%? 100%??? Why would they wanna waste time telling people to jump in and become their competitors?
*
+10000

biggrin.gif thats their intention hehehehehhehehehehhe
hahahahahhahahahha
hohohohohohoho
CKHong
post Mar 23 2011, 03:09 PM

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QUOTE(Veda @ Mar 23 2011, 02:33 PM)
The gist of the article is prices will continue to go up, but at a slower pace. I've no problem with that, as 50-100% increase in prices over 2 years is not sustainable. But that doesn't mean the market will crash. Checked the prices of several properties just now ..... prices have continued to go up!
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the price is dependent on the seller
seller can jack up even higher price
they can say ok today i'll sell 350k.. next 2 month i'll sell 370k.. then 400k
the price they state oni ma..
important thing is.. did they really sold their house ? biggrin.gif or they're just praying for luck ? waiting water fish to buy their props..
those that can tahan monthly installment.. ok la.. they can put whatever price they like..
wait till those kenot tahan.. boom ~ here comes the auction

This post has been edited by CKHong: Mar 23 2011, 03:11 PM

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