Another warning:

http://www.kinibiz.com/story/finance/9482/...-east-asia.html

http://www.propertyguru.com.sg/property-ma...in-2013-analyst


This post has been edited by cybermaster98: Mar 18 2013, 01:15 PM

Yup. Typical developer trick. But some developers actually have 2 separate stickers with 1 for confirmed purchases and another for units with loans being processed. but many developers purposely block out the better units while showing unpopular units are being available to push buyers into buying them first before opening up other units.

Typical!

Let me tell u a story.

A developer had 2 choices in general for their new development. First would be to offer normal fittings and price the development lower. Second option would be to bulk purchase all these higher end fittings (which would make it about 20% cheaper for the developer) and get them 'force fitted' into the units and then use the 'high end' tag to increase property prices by 30% as compared to Option 1. In the end the developer chose Option 2 and made a whopping sale.

Sound familiar? Moral of the story is that when something is given (mostly free), there's always another party getting a bigger share of the pie. And do keep in mind there is nothing free in the property market. The costs are just moved around so that unsuspecting buyers think they are getting a good deal. Same goes for all this free SPA, legal fees, etc. Do u really think the lawyer is acting on your behalf? Ure basically paying the developers lawyer to prepare docs for him which means that ure baring the legal costs on behalf of the developer. If its 'free', it just means the developer has priced the costs into the property price and ure taking a loan on this added on amount.

In the end, the developer is always the bigger winner in any new property launch. That why its important to ensure ure really getting the best deal possible. U cant beat the developer for sure but u can be a smart investor and shun properties which are ridiculously priced. Is TG one of them? You decide.

Yes thats true but when ure talking about market forces and banking systems, i doubt the Gaggenau kitchen sets would hold up the property price much.

http://www.asianewsnet.net/Asia-is-lending...isks-43900.html

Miss the opportunity? I dont think i missed anything. The only thing i regret was not starting my property investment before 2009. No other regrets to date. 4 good investments.

I think its rather childish to be talking about jealousy, sour grapes, etc. Im sure we're all way matured than all this rite? So lets keep the discussions mature shall we? I note Happyman as gone silent.

Thread gone quiet?

What happened to Happyman? Did he buy any of the Phase 1 units since his price offer was good? Seems to have gone quiet since then.

Dijaya can launch at whatever price and Malaysians will still buy. Its all part and parcel of creating a hype using the previous launches and capitalising on the herd mentality. The problem with Malaysians is that they dont realise the difference between paper gain and actual valued pricing. I can claim a paper gain of 50% based on new launch prices, but will that materialise into an actual sale with the same margins in 3-4 years? Now thats a different story altogether.

In the end, its the developers who make money at the expense of the investors while investors with limited holding power blindly purchase simply because others are buying. Hence the term 'herd mentality'.