Repeating my dares ah? No originality ah? The mark of someone with limited language and knows that he has been cornered badly! Woohoo!

I didn't preach anything. I DARED YOU! And you have nothing to retaliate with except repeat my own words! LOLLLLL!

Still trying to divert attention away from your lack of substance postings? Still no credible arguments? Still beating around the bush?

Still waiting for:

1) the list of threads where I got banged so badly that I had to leave LYN
2) The list of forumers who banged me so badly till I had to leave LYN
3) Your own property investment success stories



This post has been edited by cybermaster98: Dec 11 2013, 01:15 AM

Repeating my dares ah? No originality ah? The mark of someone with limited language and knows that he has been cornered badly! Woohoo! rclxm9.gif

I didn't preach anything. I DARED YOU! And you have nothing to retaliate with except repeat my own words! LOLLLLL!

Still trying to divert attention away from your lack of substance postings? Still no credible arguments? Still beating around the bush?

Still waiting for:

1) the list of threads where I got banged so badly that I had to leave LYN
2) The list of forumers who banged me so badly till I had to leave LYN
3) Your own property investment success stories

biggrin.gif

Repeating my dares ah? No originality ah? The mark of someone with limited language and knows that he has been cornered badly! Woohoo!

I didn't preach anything. I DARED YOU! And you have nothing to retaliate with except repeat my own words! LOLLLLL!

Still trying to divert attention away from your lack of substance postings? Still no credible arguments? Still beating around the bush?

Still waiting for:

1) the list of threads where I got banged so badly that I had to leave LYN
2) The list of forumers who banged me so badly till I had to leave LYN
3) Your own property investment success stories

Repeating my dares ah? No originality ah? The mark of someone with limited language and knows that he has been cornered badly! Woohoo!

I didn't preach anything. I DARED YOU! And you have nothing to retaliate with except repeat my own words! LOLLLLL!

Still trying to divert attention away from your lack of substance postings? Still no credible arguments? Still beating around the bush?

Still waiting for:

1) the list of threads where I got banged so badly that I had to leave LYN
2) The list of forumers who banged me so badly till I had to leave LYN
3) Your own property investment success stories

Repeating my dares ah? No originality ah? The mark of someone with limited language and knows that he has been cornered badly! Woohoo!

I didn't preach anything. I DARED YOU! And you have nothing to retaliate with except repeat my own words! LOLLLLL!

Still trying to divert attention away from your lack of substance postings? Still no credible arguments? Still beating around the bush?

Still waiting for:

1) the list of threads where I got banged so badly that I had to leave LYN
2) The list of forumers who banged me so badly till I had to leave LYN
3) Your own property investment success stories

Yes I know but im going on 2 weeks leave for Xmas till 2nd Jan so wasn't planning on being on LYN much anyway.

Anyway I think it was wrong for both of us to allow ourselves to get carried away like that. We're senior members here and should not have resorted to such antics. Anyway, as far as im concerned it wont happen again. Don't need to be banned to learn my lesson.

Well I don't consider myself in either of the camps. All ive said is for investors to be selective in the properties they invest in and to ensure they have the holding power to sustain their investments through an property slump. If they can, then any of the property developments out there would appreciate given a certain time frame.

If anybody wants to pour cold water on my investments, not an issue. Just back it up with valid points / discussions. If their points hold true then its obvious ive made a mistake but if I ask them to be silent I would never learn. This is critical thinking at its best and it should always be encouraged.

My last investment was at Kiara Residence 2, Bukit Jalil. Purchased 2 high floor units (1457sf & 1490sf) at RM435 psf this year. Comes semi furnished with DIBS and 3 individual carparks each. Completion early 2016. New LRT station right next to the condo. Its the cheapest among the surrounding new developments (except KR1). I haven't given the slightest thought to paper gain despite the developer raising prices for new release units cuz I know paper gain holds no weight in the future market. Does anybody think this was an unwise investment?

This post has been edited by cybermaster98: Dec 11 2013, 03:41 PM

Not quite. Just because I invested in properties this year doesn't put me in the UUU camp cuz I believe a slump is coming. I don't deny that. I would say 95% of properties will appreciate given time. The only question is can an investor sustain till then without incurring losses along the way?

There are no leaders in any discussions. The same way there is no clear cut UUU or DDD camps. Im not in either of those camps. If i was in the DDD camp, i would not have invested in property this year. If anybody had read my earlier posts on this thread, they would have seen that i mentioned very clearly that i did not think that Fennel was a bad choice in fact the contrary. Im not against Fennel in any way although i think YTL should not have encouraged the 'herd mentality' buying spree which only served to benefit them. In fact, if anybody had bothered to check my posts on the Vynes thread, they would have seen how i 'promoted' Fennel as a much better investment.

My whole point in this thread is the same in any other thread which is for investors to buy with the consideration that a slump might be coming and they should be in a financial position to withstand the storm. 95% of property will appreciate over time. There are only very few examples out there of properties which have not. Fennel won't be one of them. But the danger lies in investors who buy without consideration for their own financial standings. If you are an investor who has taken into consideration all factors before investing, then slump or no slump, u will be fine. But if you havent, then ure gonna be in trouble. Its the same for any development. No development will be immune to the effects of a slump. Its only the matter of how bad and how long those effects will last.

Bottom line is that if ure financially stable and are confident of being stable even in the event of a slump, then Fennel (and 95% of other developments) would be alright to invest in (depending on your risk appetite). If not, then it becomes a game of Russion roulette. Plain and simple.

Banks have to say this. If ppl dont buy property, they dont get loans. Plain and simple. You scratch my back, i scratch yours.