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 Tropicana Gardens, Kota Damansara, • The Brighter Side Of Life •

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Kicimiao66cc
post Oct 18 2017, 11:45 AM

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For sure there is value impact on MRT come in place. My booth arnica 3 rooms units rented to UK Tenant (KDU teacher) at 5k per month. Upon mall opening, I believe another price escalating wave to be happen.for the TG Mall , am expecting will be much better than paradigm or TCM.
Kicimiao66cc
post Oct 18 2017, 03:22 PM

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QUOTE(BEANCOUNTER @ Oct 18 2017, 02:43 PM)
for residential, mrt might have an impact.

for commercial, it needs more than MRT.
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I was realize the numbers of street walker or shopper along KL bukit Bintang Street are significantly increase after the mrt1 full operation. Even ikea Cheras, mytown and velo Cheras Mall has receive certain impact on crowd increment.
Kicimiao66cc
post Oct 18 2017, 04:19 PM

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QUOTE(BEANCOUNTER @ Oct 18 2017, 03:50 PM)
I know many office workers from dsara heights biz district will take mrt to bb for lunch.

Its just a case of stall a losses biz to stall b at different locations.

Crowd usually cari makan je.....retail biz i doubt will improve....
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Hmm.. not really. The population in KV are incresing from time to time as what you see most of the newly completed high rise project can easily fill up occupancy more than 70% within a short period like 6-12months. Some hot area 90% fill up within 6 months. Retail business in Fahrenheit was slightly improved after MRT come to the picture. For TG case, the traffic upgrading yet fully operating like under tunnel to nexis, Giza and TG mall which yet complete. Traditional shop in dataran Sunway are still sustainable with the huge neibourhood even during the MRT construction. Of course there is some self-comfortable businessman close down their business during the down swing business volume cause by the bad traffic or slow economy impact.


Kicimiao66cc
post Oct 18 2017, 04:49 PM

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QUOTE(BEANCOUNTER @ Oct 18 2017, 04:31 PM)
Not disagree but new condos filled up might be caused by tenants moved from older condos to newer condos....
And rent keeps dropping. Tis is an indicator of supply more than demand.

Of course kv population is growing but most came to kv with very weak spending power or spend their futute money.
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I would define it as “supplying period” instead of supply more than demand. If demand more than supply mean there is someone have to stay under the bridge during the dwelling building construction period.

Property Developer will on hold their project launching when there is sign of supply more than demand which happened most in last year 2016. This year, you’ll see a numbers of new launch project pouring into the market after the digestion of supplying period passed over the year and matket products correction. The market confusion on the differential of product between Gov affordable housing and mid high range product by private is ending soon. Different range of house buyer will find their right way of comparing and make the decision on their choice after the confusing period.
Kicimiao66cc
post Oct 18 2017, 09:35 PM

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QUOTE(Nikmon @ Oct 18 2017, 08:44 PM)
dimissed the possibility of crash will put you in a really bad situation.

property demand does not only determind by the number of supply and population growth, such as affordability, goverment, currency, geopolictical, interest rate, household debt, aging may affect the property price.

property market soften started much more earlier around 2013-4, but due to lack of data and transperancy, a lot of pp still not aware about it until recently price at certain area drop dramastically.  TBH so far no sign of recovery and the market is vulnerable. Risk is high now as it still in the progress of bottoming.
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One side down another side up. Malaysia’s real estate property are still far far away from the peak. Instead of worrying on price fall or market recession which can recovering from the bottom, I would rather well prepare myself ready for the revolution of century lead by artificial intelligence and data technology.


Kicimiao66cc
post Oct 18 2017, 11:11 PM

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QUOTE(Nikmon @ Oct 18 2017, 10:44 PM)
price is bottoming is base on data, but propert price is far from peak is base on your crystall ball...., seem like you againt data technology. just approch data scientist, dont think they can tell yoh what is the peak price look like in the future...

a lot people enter at the peak price and struggle to sell now, this is fact and the current sittuation. while you are hoping the price double up, many people just hope to reduce the lose or breakeven.
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Which data you’re referring to show the price is on the bottom? Anyway am talking about the real estate property are far away from the peak in compare with a developed country. One side down another side up mean sector A down and sector B up another side. Rental down sales up and sales up then rental down. Property always a long term investment, if you look for short term investment but choose to entering property investment then this is consequences (a lot people enter at the peak price and struggle to sell now). There is plenty of cash rich shark ready to take up those unit from desperate owner. smile.gif

For me, sell at reduce profit is the worst scenario. Sell at lost? I choose to rent at low instead.





Kicimiao66cc
post Oct 19 2017, 08:31 AM

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QUOTE(Nikmon @ Oct 19 2017, 07:04 AM)
firstly your reading is suck, since when i said the price is at bottom.....peak is unable to pre-determine so as bottom.

compare witb developed country again...sale up rental down ( are you serious)...

no wonder bank negara introduce a new website to enducate people.
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Sorry my bad to put bottom without ing. Mine porperty portfolio always show me sale up rental down or vice versa. I mean volume, in case being misinterpret again 😅 You seem has been educated from bank negara new website paper data, if not mistake there is showing few data chart for enjoy reading ya 👍
Kicimiao66cc
post Oct 19 2017, 09:22 AM

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QUOTE(Nikmon @ Oct 19 2017, 09:09 AM)
indeed you are property agent, this why you play ignorant.
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Theoretical is always stubborn than practical. I only interested to learn more from real time solid investor. Not from Pokémon investor. So I decide to rest. All the best for your investment and thanks for sharing ya 👍
Kicimiao66cc
post Oct 19 2017, 10:08 AM

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QUOTE(gooberhock @ Oct 19 2017, 09:30 AM)
Hahah. Bro Kicimiao. I don't know about you. but I don't know how to read chart. Just like you... I only know how to buy and sell... good time sell . bad times buy. ive got no complaints about current market situation nor do I dare predict how the market is going to turn or when. but one things is for sure is.... what goes up must come down. and vice versa. and even in good or bad markets good investments can make money. like u ..... both my units in arnica are rented out with positive cash flow even though the rental could be higher but I am not complaining, considering the current market situation. Let the results speak for themselves.
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Yes I don’t think the chart, indicator or any self claim property guru can tell what’s the best to do nor do not but just an initial reference or basic data. Unless the ones are truly active in the market can sharing valuable views base on their practicality. Sell then build save for Developer, build then sell save for buyer. Practicality? Time will tell. 😄


Kicimiao66cc
post Oct 19 2017, 01:50 PM

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QUOTE(gooberhock @ Oct 19 2017, 01:12 PM)
i did mention.  you may have differing opinions.  mind to share your method that you calculate?  no need to condemn one ma share la how u have built your portfolio.
because if u say i lose money.  how do u explain the fact that i can accumulate other properties over the years without forking out cash from my income only relying on funds from property investment.and not have to downgrade but upgrade most of the time.
in the beginning i already said maybe i dont know how to count.  but i know how to buy amd sell.
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don’t expect positive sharing from ppl with negative minded.. later he say you’re agent 🙈🙈
Kicimiao66cc
post Oct 19 2017, 09:57 PM

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QUOTE(MNet @ Oct 19 2017, 09:24 PM)
Do u worry about the competition from new block?
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Why don’t make your own unit more competitive instead of worrying on competitor? My resi prop always get the highest rental in compare within the place or even newer phase of development. Innovative renovation with effective cost is part of the resi prop investment art.
Kicimiao66cc
post Oct 19 2017, 11:07 PM

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QUOTE(gooberhock @ Oct 19 2017, 10:00 PM)
i can vouch for what kicimiao is saying.  his units are 5star..
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Same to you 😂
Kicimiao66cc
post Oct 21 2017, 01:57 PM

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Worry this worry that.. compare this and that.. details details details max max max profit.. later end up bought “project sakit” and sakit for long term.
Kicimiao66cc
post Jan 22 2018, 12:27 AM

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Transact 985psf at this market conditions. Any higher than this at the vicinity?
Kicimiao66cc
post Mar 15 2018, 12:07 PM

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QUOTE(BEANCOUNTER @ Mar 15 2018, 11:39 AM)
if one doesn't live near enuf to Tropicana mall......why bother to go there?

Giza dead
Nexis dead
Next will be TGM.
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Street/boulevard mall (Giza & Nexis) is diff species with shopping mall (TGM) la..
Kicimiao66cc
post Mar 15 2018, 12:23 PM

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QUOTE(BEANCOUNTER @ Mar 15 2018, 12:14 PM)
we wait and see.

now tok also tok kok nia.
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True. But we still have to continue our talk kok ma.
Kicimiao66cc
post Apr 23 2018, 06:58 PM

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QUOTE(stevenkkh @ Apr 20 2018, 02:38 PM)
Comparing affordable home with this property is like comparing apple and orange.

The category of people buying affordable home mostly come from the category that they can't afford such high price property as this. They cannot afford at the first place, how on earth will this make any difference to the market sales of this property?

Just like you looking at Bangsar South, there is cheaper flat and condo just next door to each other serving different category of market. Seriously, if you want to find cheaper property, there is still alot which might be cheaper due to location, quality etc.

If someone telling me due to the existence of the recent affordable home release, the sales for this property will be greatly affected, I doubt that as this segment of people mostly cannot afford this high price property and high maintenance cost.

By the way, this is not about everyone is equal issue but more on affordability which already tell you those affordable home built due to inability of the people to buy all this too expensive condo such as this. This is luxury condo and it is expensive, there is a huge different between this luxury condo and affordable condo. It is pointless to debate that they are the same as we know this cannot be the same.

By the way, there is cheaper on right below like Pelangi.
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The buyer who buy this property also don’t interested vested their money in affordable housing which expect to dealing with such low class tenant or neighbor profile to make their life shorter. 😂
Kicimiao66cc
post Apr 23 2018, 07:47 PM

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QUOTE(bigman @ Apr 23 2018, 07:05 PM)
i got properties range from 100k to 1.5mil... to me all tenants are same... you treat them good...they will treat you good as well... no need differentiate high class or not high class... you thought all high class people are good?
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Not all high class profile is good but mostly bad profile is low class range.
Kicimiao66cc
post Apr 23 2018, 07:51 PM

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QUOTE(gooberhock @ Apr 23 2018, 07:08 PM)
any property that can give a return is a good property,  high end or affordable housing also can invest ma. but now return not as good as before la.  have to aim carefully......  shorter life....  i got Dunhill to help me with that. 

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Bro i will put my time cost and health as part of consideration to conclude the investment whether worth it or not.

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