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 Are property prices going to up further? V3

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keithcky
post Jul 2 2011, 12:14 AM

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QUOTE(noproblem @ Jul 1 2011, 09:58 PM)
Heard the rumor about recession may be happen within 8-12 months... bank division was directed not "too aggressive" on lending...
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Yes i heard after Raya


keithcky
post Jul 10 2011, 05:24 PM

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For those who have sapu since 2009 would have be a millionaire by today biggrin.gif

It's time for me to SSS now

Nothing safer than money in our bank account smile.gif


keithcky
post Jul 10 2011, 07:05 PM

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QUOTE(property101 @ Jul 10 2011, 06:13 PM)
do you know what the banks do to your money when u deposit them?
do you know what is the consequence that happen to your money when banks do what they do?

smile.gif
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I only know i will be suffer if no money to spend biggrin.gif


keithcky
post Jul 23 2011, 12:55 PM

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QUOTE(jet2020 @ Jul 22 2011, 12:20 PM)
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......
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I've heard from bankers and have the same feeling.

Its a good time to sell props that appreciated 100% biggrin.gif






keithcky
post Jul 25 2011, 04:11 PM

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QUOTE(nkhong @ Jul 25 2011, 02:12 PM)
Recently I went to one of property launching. I talk to two aunties and ask why they buy? investment or goreng?

One aunty said it is for her son. Her son still studying in secondary school.

The other one said also for her daugther ... her daughter is now working maybe salary still low. She said her daugther salary definately kenot afford a property and nowaday property
Mcm ni, sure property price will escalate to new high further ....
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Haha bro you should buy some for your kids oso ma biggrin.gif


keithcky
post Jul 29 2011, 01:17 AM

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QUOTE(Aeon_Clock @ Jul 29 2011, 12:58 AM)
a lot of people are hoping for this but they might have to wait another 7 years before the anticipated 'bubble-burst', which may or may not happen. How far the bubble bursts is also another issue...
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Yes i heard it will keep going up for next 10yrs. Dont let the buying stops smile.gif


keithcky
post Aug 5 2011, 04:29 PM

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haha one news only everybody so gen jiong

cannot imagine if one week continuous such news biggrin.gif biggrin.gif


keithcky
post Aug 6 2011, 12:12 PM

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QUOTE(lucerne @ Aug 6 2011, 10:47 AM)
i think govt will go all out to support the prop market coz govt or their cronies still have lot of landbank to sell to private sectors to earn more $.  if the land price x5, their income will be x5 too. (govt no $ liao). All the while, BN is giving out the land to their cronies (at a very special low price) and then JV to develope the land eg pekeliling flat, tudm army airport, pudu jail, klfd, stadium merdeka, klia, pkfz etc.  To other private developers (without BN connection, especially chinese) , will go all out to accumulate as much land as possible to sustain thier future business growth as they know they will never get cheap and good location land from govt. if no land they have to close shop so they will acquire more vacant land, new villages,  bungalow, even school etc with much higher price.  so in short, prop will never drop in msia. it can only go higher..
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May be true and may not be. Always be ready! We will never know when is the opportunity / disaster...


keithcky
post Aug 9 2011, 06:14 PM

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Ppl don't let the buying stop. I foresee very positive market in coming months. smile.gif


keithcky
post Aug 9 2011, 06:23 PM

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QUOTE(cmk96 @ Aug 9 2011, 06:17 PM)
why so confident? blink.gif
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see the amount of ppl here confident U still doubt what? That means ppl r very optimistic. biggrin.gif


keithcky
post Aug 9 2011, 06:59 PM

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QUOTE(jeffschuen @ Aug 9 2011, 06:28 PM)
U must b property agent i guess, hahaha  biggrin.gif
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Already start selling few months ago biggrin.gif biggrin.gif


keithcky
post Aug 9 2011, 08:26 PM

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Its not a good time to be greedy...

This post has been edited by keithcky: Aug 9 2011, 08:28 PM
keithcky
post Aug 15 2011, 09:10 PM

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QUOTE(forumnet @ Aug 15 2011, 08:48 PM)
i guess condo's in puchong area now is facing some slow downs... bcoz in may and june month a lot of agents keep on bugging me to sell my 1400sqf condo in puchong jaya as that time i just want to rent out, and now i might consider selling my unit with the tenant if rm1.5k permonth, but seems like no enquiries at all for condo's in puchong that is above 400k from end of june till now middle of Ogos... and some agents also told me tht they have a few listing in sri petaling / OUG also no enquiries at all... so maybe puchong and old klang road area the properties dont know is it facing some saturate...
just my 2cents opinion yo...
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I sold a condo in OUG for a record price biggrin.gif biggrin.gif


keithcky
post Aug 22 2011, 09:33 PM

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QUOTE(22222222 @ Aug 22 2011, 09:10 PM)
Bro....no more talam liao.....now changed name to "Trinity Corporate Berhad"..... biggrin.gif
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Hahaha biggrin.gif
keithcky
post Sep 2 2011, 12:37 PM

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Singapore PM warns about risk of second global recession[SIZE=7]


SINGAPORE: Singapore Prime Minister Lee Hsien Loong says the global economy is deeply troubled and in the short-term, there is a risk of relapsing into a second global recession.

He said the economic problems in the United States and in the European Union would take years to resolve, even assuming they muster the political will and consensus needed.

"Singapore is vulnerable to these external problems, so we should be prepared for turbulence ahead. Fortunately, Singapore is in a good position. We have a vibrant economy, a capable and hard-working people and substantial reserves built up prudently over many decades.

"These give us the resilience and the resources to see us through the worst storms," he said in his speech at the swearing-in ceremony of the republic's seventh President Dr Tony Tan Keng Yam at the Istana last night.

On Dr Tan's responsibility, Lee said: "You are taking office at a critical point in Singapore's economic and socio-political development."

"Indeed, protecting our Past Reserves was a major reason for creating the institution of the Elected Presidency.

"Our Past Reserves are our rainy day funds, which are not just for today's Singaporeans, but also for our future generations, our children today and their children tomorrow," he said.

Lee said the president holds the second key and must agree before the government can draw upon Past Reserves.

He said drawing on "our reserves should only be an absolutely last resort. Our first strategy is to ensure a resilient and dynamic economy."

"But our reserves give us confidence that we can weather any crisis, however severe it may be. My Government will continue to be prudent and build up our reserves year-by-year," Lee said.

He said there will surely be future occasions when the government will have to seek the president's approval to draw on our hard-earned Past Reserves again.

"It could conceivably happen within your term as president, if the dangers facing the world economy escalate and precipitate a major crisis.

"In such an eventuality the government will work with you, Mr President, to handle the request and decision deliberately, systematically, and in the best interests of Singaporeans," Lee added. - BERNAMA

This post has been edited by keithcky: Sep 2 2011, 12:38 PM
keithcky
post Sep 4 2011, 09:24 PM

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QUOTE(elawrenceong @ Sep 4 2011, 09:12 PM)
Cheras height in Cheras just going to raise another 10% I heard starting from tomorrow...The property market is slowing but still a lot of project is on going...Price seems to be stabilize vv soon.....but bubble may be not yet ...
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Then you should buy more ma, increased 10% wor. so much wor biggrin.gif biggrin.gif


keithcky
post Sep 5 2011, 05:22 PM

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not yet
keithcky
post Sep 10 2011, 01:23 PM

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QUOTE(UFO-ET @ Sep 10 2011, 10:53 AM)
LOL  rclxms.gif

When this happen (price drop 30%-70%), those who wish mkt to crash will stay on spending their time to discuss how much prices will drop further, who will collect those cheap stocks? Do you think are those predicted mkt will crash??

When mkt starts to rise..
they will say "Wait, too early to judge, monitor 1st, may be it will drop back"
When mkt reaches to certain height,
they will say "Wait, it is crazy & going to crash at least 30%-70% like this & that country..."
When mkt has reversed and dropped a bit (-10%)
they will say "Wait, not enough yet, it will drop further..."
When mkt has dropped 30%-70%
they will say "jialat liao, the country koyak already, recession coming, people jobless, riot may happen, central bank will close shop, better migrate etc etc..."
When mkt rebounds from recession..
they will say "Wait, let other people move & purchase 1st, too risky & kenot blur blur buying..."

my real experience as a real estate negotiator for so many years, many buyers' decision and perception are driven by their own CHARACTER ... yawn.gif
"When one decides NOT to buy, he always has reasoning"
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Yehyeh *Agree* majority of people but not all biggrin.gif


keithcky
post Sep 12 2011, 06:29 PM

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Lets wait for our next month 2012 Budget to decide biggrin.gif


keithcky
post Sep 12 2011, 10:53 PM

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Germany is not going to bail out Greece... There goes Greece

Spain/Portugal n a few more coming soon... IMF running out of funds now smile.gif Hopefully IMF dont go bankrupt too biggrin.gif

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