Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Are property prices going to up further? V3

views
     
jet2020
post Jul 22 2011, 12:22 AM

Casual
***
Junior Member
402 posts

Joined: Jan 2011
I lived in HK for 3-4 years.

I find it funny when ppl tried to compare HK prop with bolehland....2 diff worlds and like durian vs apple
jet2020
post Jul 22 2011, 12:45 AM

Casual
***
Junior Member
402 posts

Joined: Jan 2011
QUOTE(koopa @ Jul 22 2011, 12:32 AM)
I would like to recommend to Malaysia to do it like HongKong, Property above say RM3m, need to pay 40% deposit etc. Instead of 3rd property loan 70% only. Just to curb bubble. I realise its bad for investor.
40% deposit may not be fully effective to curb hot speculation....many loopholes (ie SOHOs) to go around this ruling. Developers and bankers are working closely to bypass this for common commercial objectives.

The most effective is stopping DIBS scheme and introduce higher RPGT......but doubt govt will use this drastic measure as prices may drop like a rock!!


jet2020
post Jul 22 2011, 01:08 AM

Casual
***
Junior Member
402 posts

Joined: Jan 2011
QUOTE(kh8668 @ Jul 22 2011, 12:48 AM)
How different?
*
Affordability index (HK props attracted international buyers due to its status as regional financial centre). Easy to subsale in HK (within 1 week) and not like Msia
Population growth (many rich mainland chinese sending children at HK schools and need accomodation),
Controlled supply (HK govt has a better planning to release land banks...unlike bolehland with poor prop supply vs demand)
Lower prop vacancy rate due to controlled supply as mentioned above
Low cost of fund (very low BLR) plus depreciation of HK dollar make prop investment a logical choice
Property transactions are fast/efficient and transacted prices are transparent in the govt website for reference

many many more.......so cannot compare la....

jet2020
post Jul 22 2011, 12:20 PM

Casual
***
Junior Member
402 posts

Joined: Jan 2011
tough time ahead very soon in MY.....just received latest insider info that 1 major foreign bank decided to cutback property loan to only 60%-70% financing regardless of commercial, residential, etc. This also applicable to 1st property owner unless falls under RM220k residential prop. Heard other local banks are likely to follow suit .....

Seems the bank has identified some big risk is coming very soon in the horizon......

those still gangho to BBB, better check with your banker first before making any commitment......
jet2020
post Jul 23 2011, 09:55 AM

Casual
***
Junior Member
402 posts

Joined: Jan 2011
QUOTE(cranx @ Jul 23 2011, 12:03 AM)
US bubble prophecy in 2005.

user posted image
i like this chart......i think MY prop is about to enter into the last leg of the bull run before reaching the plateau unless this is brought forward by an event eg political instability.

Banks tightening credit is the beginning....keep a close watch on the coming budget announcement in Oct and next GE.
jet2020
post Jul 26 2011, 08:21 PM

Casual
***
Junior Member
402 posts

Joined: Jan 2011
QUOTE(kh8668 @ Jul 26 2011, 07:27 PM)
KL property may enter uncertain patch says DTZ
By Lee Wei LianJuly 26, 2011

The sun sets near the Petronas Twin Towers © and Kuala Lumpur Tower (L) in this file photo of 2009. Global real estate consultancy DTZ in a report released July 26, 2011 pointed out that some developments in the prestigious KLCC area are only 10 per cent occupied. – Reuters picKUALA LUMPUR, July 26 – Declining affordability is expected to impact the local property market with some developments in the prestigious KLCC area only 10 per cent occupied said global real estate consultancy DTZ in a report released today.

The report said that a recent survey of completed projects around the KLCC area revealed that occupancy ranged from a low of about 10 per cent to a  high of 80 per cent, with an average of 56 per cent and said that occupancy levels are an issue that investors should be wary of.


low accupancy or high vacancy rate is a fact that new condo buyers shld not take it lightly....this phenomenon not just limited in KLCC but spreading across KV.


jet2020
post Jul 26 2011, 08:45 PM

Casual
***
Junior Member
402 posts

Joined: Jan 2011
QUOTE(kh8668 @ Jul 26 2011, 08:28 PM)
this figure published in their report in 1Q 2011. don't you see ranging from 10% to 80%. average about 50-60% in general. Still some condos are achieving good occupancy rate.
is average 50-60% a good indicator for ppl to invest their hard earned money in condo?

is the condo occupancy trend going up or down...you shld know better

like i said below....pls continue your salesman talk as i am benefitting from it
jet2020
post Jul 26 2011, 08:52 PM

Casual
***
Junior Member
402 posts

Joined: Jan 2011
Affordability index is a good indicator used in key mkts like HK, SG and Aust.....sadly MY mkt yet to reach that status

the absence of prop indicators eg affordability index, median price, vacancy indec, etc serve good opportunity for some vested parties to dupe newbie investors.....sedih tapi benar!
jet2020
post Jul 26 2011, 09:05 PM

Casual
***
Junior Member
402 posts

Joined: Jan 2011
QUOTE(kh8668 @ Jul 26 2011, 08:53 PM)
LOL...depend on your luck.

by the way, you already make a lot. as long as you do not dispose any your properties, you will make more.

I am not DIRECT salesman anyway, just kepoh kepoh here coz a lot of information I can get from here.

icon_rolleyes.gif
i am waiting for the right time to dispose and invest....every exit shld follow immediately with another entry....this is my investment rule.

you are no diff with SAs when you keep promoting new devs.... thumbup.gif
jet2020
post Jul 26 2011, 09:11 PM

Casual
***
Junior Member
402 posts

Joined: Jan 2011
QUOTE(kh8668 @ Jul 26 2011, 09:06 PM)
coz new developments entry costs lower nowadays and better designs and promising than tropics...kekekeke
*
new dev like PJ Icon City is 'good' entry cost, izzit? TMS including me will love ppl like you....
jet2020
post Jul 26 2011, 09:16 PM

Casual
***
Junior Member
402 posts

Joined: Jan 2011
QUOTE(kh8668 @ Jul 26 2011, 09:13 PM)
ohh, you also a buyer from TMS Icon City? kekeke
sadly, my pocket is not deep enuff to buy Icon City.....
jet2020
post Aug 22 2011, 12:43 AM

Casual
***
Junior Member
402 posts

Joined: Jan 2011
QUOTE(kh8668 @ Aug 21 2011, 11:27 PM)
hmmm...August now and soon September is coming in. I am still seeing the price of property in Malaysia still up or at least from developer. hehehe....subsale still maintain as it is now.
*
kh, i really tabik spring your continued optimism and bullish on prop mkt despite i am not aligned with you on this.

Btw, continue to share the first hand info on prop devp....i likey

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0663sec    0.70    7 queries    GZIP Disabled
Time is now: 18th December 2025 - 10:01 PM