Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Investment Why sudden increase in property prices at Puchong?, Why Puchong??

views
     
Mikken
post Jun 14 2013, 10:03 AM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


QUOTE(ahdc79 @ Jun 14 2013, 10:59 AM)
got not direct train to KLCC from puchong.
the new LRT is just an extension of STAR line..
another F**Ked up...
waste of tax payer's $$
*
Change train at Masjid Jamek, quite convenient. Got LRT extension also complain. doh.gif
Mikken
post Jun 14 2013, 11:36 AM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


QUOTE(RedDevils88 @ Jun 14 2013, 12:07 PM)
Malaysians mer. complain when the it's raining, complain when it is hot and not raining, complain when the person has problem going to toilet.  doh.gif
*
i doubt the traffic in puchong will be better even if the LRT is fully operational. Lets wait and see. Puchong will still be congested.
Mikken
post Jun 14 2013, 02:43 PM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


QUOTE(mroys@lyn @ Jun 14 2013, 02:47 PM)
station 5 near furniture mall won't be built due to protest for residents.
zest is closer to station 4 rite?
*
In front of Hap Seng Star. Mercedez customers can service their car and take LRT to IOI shopping while waiting for their cars. icon_rolleyes.gif
Mikken
post Jun 14 2013, 02:49 PM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


QUOTE(puchongite @ Jun 14 2013, 03:45 PM)
Anything south of Puchong.

Especially the left hand area after LDP toll at Bukit Puchong, and the corner area at Jusco, Giant Seri Kembangan towards the LDP flyover.
*
Puchong brand has become so valuable - like Damansara.
Mikken
post Jun 14 2013, 03:00 PM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


StarProperty’s map of LRT extension stations
Posted on May 3, 2013 - Featured, Investment.
The LRT extension project covers both the 17km Kelana Jaya line and the 17.7km Ampang line. Both lines are already in construction. The extension includes a total of 25 stations and 14 park-and-ride facilities.

The extension for the Kelana Jaya Line is scheduled for completion on December 2015 while the Ampang Line by October 2015.

StarProperty.my has plotted the locations of the upcoming LRT extension stations, running from Kelana Jaya and Bukit Jalil to Putra Heights, on the Google map below.
Mikken
post Jun 14 2013, 03:02 PM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


LRT will only be completed in October 2015. Another delay
Mikken
post Jun 14 2013, 03:13 PM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


QUOTE(puchongite @ Jun 14 2013, 04:04 PM)
Neck also long already man !
*
Problem with Bandar Puteri part. Bandar Kinrara seemed to be progressing very smoothly. another 2 and half years. Zest SA told me in 2009 that LRT will be completed by 2012. Now end of 2015. Oh well
Mikken
post Jun 14 2013, 03:22 PM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


QUOTE(Far-KingOfSorts @ Jun 14 2013, 04:14 PM)
wait a few more years.. property bubble burst. deficit will go out of control. more ppl go bankrupt and property price will go down like ripe durian...  tge property owners will go bankrupt first. smile.gif
*
Nice, so property prices will go down from 500k to 200k or 100k? So nice, can get 15% yield. Everyone go bankrupt and will start rioting. Better buy lots of agri land now and plant vege and rear chicken.
Mikken
post Jun 14 2013, 03:43 PM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


QUOTE(Selectt @ Jun 14 2013, 04:39 PM)
haha, another down-camper. you have no idea how many rich people out there remain unaffected by your "property price burst".
*
On the contrary, I think property prices will be in for another upward cycle. Lookout for the Mainlaind Chinese and Singaporeans. 500k threshold is too little now.
Mikken
post Jun 14 2013, 04:07 PM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


QUOTE(Chris Chew @ Jun 14 2013, 04:47 PM)
It could be. Banks would not be reluctant at all, but only could be stricter if economy is very bad, because under BNM, banks are the main forces to push up the cash available to the country and support the government for acts.

However, it is part of the options available to my statement.

In bad economy, it can be the property price drop from bullish market, RM 600k to RM 400k, but value could be middle at RM 500k ( before subsequently drop later stages ) and if one is commitment not so heavy, he has the option to refinance the property based on RM 500k valuation although he cant sell the property at RM 400k.

If based on today's bullish market. The prop market value is RM 500k, but seller is over-bullish to ask RM 600k, so it's seller-buyer market. If no one buy the property at RM 600k and then 500k, it doesn't mean the property should value at RM 400k unless frequent transactions of the whole area, subsequently to the whole property outlook, which takes time for immediate effect.

That's why a lot of people always thought their property high selling price is always the price that should be value by banks or valuers. A prop valued at RM 700k 12 months ago, seller asking RM 770k. When few transactions made in good market, the value reached RM 800k and by the time it had reached, the seller asking price is RM 850-900k and claimed their properties were so hot until increase from RM 700k to RM 800k sold out easily for time being.

It is vice versa when the property prices drop heavily ( or speedily ) against valuation which drop even slower than it in the bad market, which we wouldnt wanted to see.
*
Chris Taiko, when want to publish book like Pai notworthy.gif
Mikken
post Jun 14 2013, 04:11 PM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


Any idea why the thread is closed?

 

Change to:
| Lo-Fi Version
0.0245sec    0.46    7 queries    GZIP Disabled
Time is now: 10th December 2025 - 11:54 AM