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 V10 - Property Prices (Up, Down or .....), and the debate goes on and on and on ...

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Steven83
post Apr 19 2013, 10:13 AM

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QUOTE(UFO-ET @ Apr 19 2013, 12:31 AM)
This country is sick! We dun hv gomen at all, we only hv a bunch of gangsters! sweat.gif
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+1, our cultural also an issue.
Steven83
post Apr 19 2013, 10:15 AM

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QUOTE(tat3179 @ Apr 19 2013, 10:14 AM)
To be fair though...warren buffet is not a fan of gold.
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Yeah...Buffet was against gold investment since 2011 if not mistaken.
Steven83
post Apr 19 2013, 10:33 AM

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QUOTE(zuiko407 @ Apr 19 2013, 10:20 AM)
Basically size around 1200-1500sf; 3b2b not difficult to rent out in mont Kiara.
with your budget and size, in Jln Kiara 3, u can consider Kiara designer suites, in Jln Kiara, u can do comparison those sunrise product like pelangi, pines, bayu, Sophia.
If u have bid more budget, can consider the coming new launch pavillion.
Hartamas regency is good choice too
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By the way Mr.zukio407. How long a condo can survive, because long stay might be an issue if can't be rebuild. Any policy available for that?
Steven83
post Apr 19 2013, 10:33 AM

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-delete-

This post has been edited by Steven83: Apr 19 2013, 10:35 AM
Steven83
post Apr 19 2013, 10:36 AM

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QUOTE(zuiko407 @ Apr 19 2013, 10:32 AM)
For me, if lock the money for 4-5 years and don't make any profit or lost, that's failure.
5-6 years ago, I park some money in public mutual from EPF, I made peanut but EPF giving 5-6% dividend, that's call failure.
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public mutual didn't perform well?
Steven83
post Apr 19 2013, 10:54 AM

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QUOTE(kochin @ Apr 19 2013, 10:47 AM)
too good not to share

http://www.goodreads.com/quotes/546212-gol...nd-in-africa-or

“[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.”
― Warren Buffett
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+1
Steven83
post Apr 19 2013, 07:18 PM

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like it or not, now I can sense property market trend is this:
http://en.wikipedia.org/wiki/Greater_fool_theory
Steven83
post Apr 25 2013, 10:00 AM

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QUOTE(soules83 @ Apr 25 2013, 09:56 AM)
woah, the ddd games started, have fun guys.

http://www.apartment-penang.com/2013/04/5-...ction-seen.html
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I see, thanks for the updates. Looks like what I mention was happening. More and more ghost house hahahaha...

This post has been edited by Steven83: Apr 25 2013, 10:00 AM
Steven83
post Apr 25 2013, 11:34 AM

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QUOTE(Rooney1985 @ Apr 25 2013, 11:19 AM)
Yea, just updated my tracking sheets/ charts. Everything looking good and as planned... biggrin.gif

Thanks.
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yeah, its following the trend now. I soon going to pity those who over bought.
Steven83
post Apr 25 2013, 12:19 PM

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QUOTE(Rooney1985 @ Apr 25 2013, 12:04 PM)
Just curious, what do you think is an acceptable/ reasonable/ sustainable annual percentage increase in house price?
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I cannot set the %, its depends on the location. What kind of people stay there, how much their income increment per years. The price should be somewhere near to the increment, in terms of my economist lecturer told me. In detail, I will have to get his advice. He is a consultant for most SME and MNC company and he also worked with the government for the ETP planning. But one fact he give me is stay out of property frenzy, in detail...he didn't tell me much. Maybe is T&C....

This post has been edited by Steven83: Apr 25 2013, 12:21 PM
Steven83
post Apr 25 2013, 12:23 PM

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QUOTE(AMINT @ Apr 24 2013, 11:14 PM)
No difference if pr or bn wins
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agreed, no different at all.
Steven83
post Apr 26 2013, 11:27 AM

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QUOTE(kochin @ Apr 26 2013, 10:31 AM)
key word... RM700k.
the more important key word... prime location somemore with RM700k pricetag.

so RM700k and above properties in not prime location consider what???
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If with RM700k pricetag....In Penang, everywhere also prime location.... blush.gif
Steven83
post Apr 26 2013, 11:30 AM

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QUOTE(tat3179 @ Apr 26 2013, 10:14 AM)
Aiyah, you don't know that Malaysia got loads of multi millionaires wanlah...can hold empty units indefinately forever wan lah....biggrin.gif

Don't worry...prop prices will never drop and will forever shoot to the moon...biggrin.gif
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seriously, a lot of is in that kind of dilema...its ok and normal. Lets the prop prices up.
Steven83
post Apr 26 2013, 08:17 PM

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QUOTE(AVFAN @ Apr 26 2013, 07:33 PM)
part1:

part2:
both come form the same person, a hallmark of bolehsians and/or mainstream media reporting after 50 yrs of bs - double speak, can't go wrong. a potent competency! tongue.gif
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first one with data, the second one with only judgement? which one is more convincing?
Steven83
post Apr 26 2013, 08:18 PM

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anyhow, I'm done here. Lets those who are smart enough to make your decision. The choice is yours and all the best in your investment.
Steven83
post Apr 27 2013, 11:19 PM

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QUOTE(worgen @ Apr 27 2013, 10:08 PM)
Good news for ah dern and ddd camp!

More affordable homes at RM350,000 coming soon  Get Daily Property News in Malaysia, News Powered by PropertyGuru Malaysia

Apr 26, 2013 - PropertyGuru.com.my

More affordable houses will be available, especially within the Klang Valley, as developers are expected to design smaller houses priced around RM350,000 each, according to CH William Talhar and Wong Managing director Foo Gee Jen.

Foo said findings of the report showed that landed residential property are still in demand, with average prices predicted to increase 10 percent to 15 percent this year. Overall, transacted residential properties last year stood at 272,669 worth RM67.80 billion.

“This is a good reflection in the stability of the residential market as this sector makes up almost 70 percent of the entire property market. In 2012, we saw a drop in volume of residential units but a rise in value,” he said.

However, outlook for condominiums was not as strong as residential, with occupancy and rental rates in Kuala Lumpur slowing down.

In 2012, luxury condominium occupancy rate was only 67 percent.

Foo noted that scarcity of land led to developments of more SoHo units. Although they gained favourable take up rate, concerns arise on the actual usage of units.

“The owners of older residential and condominiums are facing difficulties attracting tenants as most people can afford to rent new places at the same rate as these secondary units. Landlords need to upgrade their units with more facilities and increase the aesthetic value of their areas.”

With the 2012 stable office occupancy rate in the Klang Valley at 87 percent, he added that the property market might experience an oversupply of office space as the sector is expecting another 5.6 million sq ft coming up this year.
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could be a strategy to go for smaller size and "cheaper"... this is how developer loves to do. In the end, still developer wins. brows.gif
Steven83
post May 1 2013, 10:56 PM

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QUOTE(kh8668 @ May 1 2013, 08:17 PM)
these are all subsidised units. if the development costs too low, you will see the quality within 1 year after completion. where the money come from to subsidise all these units; of course, it is from taxpayers. one thing, if the subsidised RM1 bil; someone declare RM3bil. the winners are always the 'someone'. eventually we all are still losers to 'someone'.
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I don't think anyone would really bother about the so call quality stuff as nowadays any property will be selling as hot cakes. Second, I know about the background of the developer, nowadays some of his property are selling like hotcakes in subsales too. Well, sweat.gif corruption is everywhere in Malaysia. Its our cultural that make all this happens, just look at the unit before soft launch! near to 60% sold, how was the trick works? Corruption, its everywhere even in our daily life. Hopefully we can fix our cultural.

This post has been edited by Steven83: May 1 2013, 11:01 PM
Steven83
post May 1 2013, 11:01 PM

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QUOTE(jbanya @ May 1 2013, 10:54 PM)
Hi there, can I have the reference? Cited from? Many thanks smile.gif
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Its everywhere my dear. Not a very uncommon news anymore, its just people love to blind fold their eyes because of greed.

http://www.businesscircle.com.my/malaysian...onomic-concern/
Steven83
post May 2 2013, 03:01 PM

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QUOTE(ngaisteve1 @ May 2 2013, 02:49 PM)
What will happen to property price after General Election?  hmm.gif
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nothing. smile.gif
Steven83
post May 2 2013, 03:08 PM

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QUOTE(ngaisteve1 @ May 2 2013, 03:07 PM)
i see, wow. i bot house already. like that worry la.
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aiyo...worry what...there still speculator there rclxms.gif can still sell to them at higher price before bubble pop.

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