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

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SUStat3179
post Apr 16 2013, 08:20 AM

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QUOTE(AMINT @ Apr 16 2013, 08:17 AM)
I sold off everything already last few months. Dunno la but i just dont feel right buying gold. Hardly make any profit. Turned me off
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I rather buy public bank shares when the price is right...
SUStat3179
post Apr 16 2013, 09:42 AM

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QUOTE(joeblows @ Apr 16 2013, 08:33 AM)
Teh Hong Piow about time to step down due to age already.

What makes you think his successor can continue his growth? If so concerned about cap appreciation better buy Digi, Maxis, TNB.
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Dividend yield bro. I buy to shares mainly keep and for dividends.

Like I buy props with main aim of getting rentals.

As for Tan Sri Teh stepping down, who knows leh, maybe their he have already planned his succession plan as well as his running of the bank?
SUStat3179
post Apr 16 2013, 12:05 PM

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QUOTE(joeblows @ Apr 16 2013, 11:35 AM)
I'm not holding any gold either, but I can tell you if it drops to 1100 and below level, I'm buying. If it drops to below 1000, I'm buying with both hands and if it drops further to 800ish I would take out second mortgage to buy gold.
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Might as well buy the gold mine company's stocks....? biggrin.gif
SUStat3179
post Apr 16 2013, 03:45 PM

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Seriously, why bother owning the product, ie gold, when you can own part of the producer of that product?

Anyone look at gold mine company stocks lately or not...must have dropped like hell...
SUStat3179
post Apr 16 2013, 04:47 PM

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QUOTE(AVFAN @ Apr 16 2013, 04:42 PM)
if gold price drops to 1200, gold miners can't operate profitably, some will go bust. you wanna hold their shares?!
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Please lah.

Prior the bull run, gold has been trading like 400 or something like that during 2001.

It was said Gordon Brown, the UK finance minister sold all of UK's gold reserves then, because gold got no use.

People still mine gold then wut...what is this not profitable crap....
SUStat3179
post Apr 16 2013, 04:48 PM

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QUOTE(Steven83 @ Apr 16 2013, 04:47 PM)
prop will be sooner than I thought. After look at all this..happens.
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Oh good, can snap up some tasty props for cheap .... biggrin.gif
SUStat3179
post Apr 16 2013, 04:49 PM

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QUOTE(Steven83 @ Apr 16 2013, 04:49 PM)
the key is the non BLR... just wait.
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in an economic crisis, blr will be lowered, not raised....
SUStat3179
post Apr 16 2013, 07:10 PM

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QUOTE(joeblows @ Apr 16 2013, 05:55 PM)
Yes but just like oil below US$80, a lot of current gold mining is unprofitable at prices below US$1000 per ounce. Gold miners have been opening up new mines in capital-intensive high cost areas like Ghana in Africa to meet demand.

Just like half of North American oil producers would be out of work if oil slips past $80, tar sand oil and fracking costs more to extract.
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Then their shares would be cheap lah, look for the ones that are strong, diversified and could weather the drop in prices one lah...

Their shares would be cheap wut.

Same thing mah, buy low sell high.

Why would I bother buying physical gold, risk getting robbed and pay banks to store it for me...

Waste of time and effort.

Might as well buy the gold mine hold and reap the rewards when the prices rise again...
SUStat3179
post Apr 16 2013, 07:12 PM

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QUOTE(AVFAN @ Apr 16 2013, 05:32 PM)
always strong opinionated as u r...

crap or not, that's up to you.

but i hope u read a bit more and not just buy these goldminers equity by own opinion.
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In the first place I wouldn't even be buying gold bars in the first place.

You need to pay other people to keep it safe and risk getting robbed for keeping it.

Better buying high dividend stocks from blue chip companies.

Or good auction props in good location.
SUStat3179
post Apr 16 2013, 10:29 PM

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QUOTE(ManutdGiggs @ Apr 16 2013, 09:58 PM)
Some say prop development nvr show real GDP. Wonder if buying gold ll help in GDP growth???
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Better than keeping yen or USD at least... tongue.gif
SUStat3179
post Apr 17 2013, 08:28 AM

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QUOTE(joeblows @ Apr 17 2013, 08:21 AM)
Its unlikely to happen in O&G, I agree, however its still possible.

US/Canada now jointly produce more oil than Saudi, and probably have larger reserves as well (no one knows the true extent of Saudi reserves).

The West is also moving strongly into alternative fuels - especially in nations like Germany.
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If you must know, we not only use oil for fuel.

We use it for plastics, fertilizer and many many more other modern things we take for granted.

Even if we find an alternative fuel that is as reliable as oil, we will still need to use oil in massive quantities
SUStat3179
post Apr 17 2013, 04:36 PM

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QUOTE(joeblows @ Apr 17 2013, 04:05 PM)
Barrier to entry for this kind of "business" is quite low in Malaysia despite being Muslim-majority.

That's why KD can become the capital of massage centre in Selangor. Come to think of it, wasn't someone saying a lot of expat are moving to KD? Those workers also can be considered high-income "expats" I guess.......earning RM20k a month for ang pai is not uncommon.  whistling.gif
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I thought Puchong is the hub of their "factories" biggrin.gif

Besides, KD may be too expensive to set up shop therelah...750 psf by Sunway launch alone next to Giza....biggrin.gif
SUStat3179
post Apr 17 2013, 04:51 PM

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QUOTE(joeblows @ Apr 17 2013, 04:43 PM)
750 psf probably means this is the only "business" that can sustain those rent.  brows.gif

Like someone up there said, this is the never sunset industry - profit margin more than fnb, sometime busy like pasar malam. hehe....
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Damn...lucky i am married.

God knows how much they have to charge in order to afford rents of shops at those prices
SUStat3179
post Apr 18 2013, 01:16 PM

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QUOTE(vassilius @ Apr 18 2013, 10:36 AM)
gold price damn low now... can consider invest on gold now...

calling debtismoney brows.gif
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How about the stock market now...it is low as well due to GE... hmm.gif

Thinking about getting some high dividen yield stocks like BAT or Berjaya Toto....
SUStat3179
post Apr 18 2013, 02:21 PM

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QUOTE(learn2earn8 @ Apr 18 2013, 02:15 PM)


4) My view on bolehland props remain the same, ie. stagnant. thanks to qe stimulus, those props I monitoring still inching up  blink.gif
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Stagnant...for how long and whether it would go up or go down... hmm.gif ?
SUStat3179
post Apr 19 2013, 09:50 AM

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QUOTE(zuiko407 @ Apr 19 2013, 09:30 AM)
i like your quote "BBBlind" and "greater fool".
I can only say "good luck to u".
I won't give 100 reason or excuse to say this and that, I'm just simple; make money or loose money!
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Eh, Mr Zuiko...ask you a question...

Now with all the MK props skyhigh at 650-800 psf already, if I wanna buy for own stay for retirement say 15 years from now and easy to rent out in the meantime wan ah, which to buy.

Let say budget at about around 700K and 1000 sq feet?


SUStat3179
post Apr 19 2013, 10:01 AM

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QUOTE(blasto @ Apr 19 2013, 12:40 AM)
wah already V10 .. keep it up  flex.gif
why so cheap 150-300k ? sure boh ?
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Aiyah...after GE see whether those houses will materialise or not.

Come think about it, the Gomen and PR all promise heaven and earth on top of prima...

Cut petrol

Give free money

Cut Car tax

Cut highway toll

Free edu or more money into edu

etc..etc...

how the heck are we gonna find money to pay it all rclxub.gif
SUStat3179
post Apr 19 2013, 10:14 AM

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QUOTE(joeblows @ Apr 19 2013, 10:09 AM)
Of course. Smart investor like Warren Buffet buy the fear and sell the greed.

Small timer like you buy at the peak and sell at the trough. That's why you still trolling forums. You got a lot to learn, kid.  laugh.gif
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To be fair though...warren buffet is not a fan of gold.


SUStat3179
post Apr 19 2013, 10:23 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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Environment at Kiara 3 nice or not...

Also, can get positive income in the meantime based on current prices versus rent?

Thinking about retiring there one day...

Pavillion abit too "exclusive" for me leh... biggrin.gif
SUStat3179
post Apr 19 2013, 10:44 AM

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QUOTE(zuiko407 @ Apr 19 2013, 10:43 AM)
Environment definitely can't compare to Jln Kiara and 5, kiaramas hillside and also Solaris area, but next to garden international, also lot of Korean tenant, I missed the chance to grab blk A Ceriaan Kiara 2000sf which facing bungalow, the highest demand for rent and sell among the rest of units, easily rent out with 4k above, price was below 900k only.
Pavillion will definitely have its value, no regrets if u buy for own stay
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Thanks!

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