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

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Nikmon
post Mar 15 2013, 09:03 PM

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QUOTE(sishouse2 @ Mar 15 2013, 08:46 PM)
depends on PRU13
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mind to further elaborate? pp keep saying investor stop buy and waiting the GE, but why? biggrin.gif

so far neither opposition nor BN plan to introduce new policy to curb the property price!!

car sale market is affected is understandable as opposition plan to cut the tax, why property market is affected by GE result???

This post has been edited by Nikmon: Mar 15 2013, 09:08 PM
ManutdGiggs
post Mar 15 2013, 09:13 PM

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Look at the sales at Arcadia. They fail to wait till after GE.
joeblows
post Mar 15 2013, 09:58 PM

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QUOTE(kradun @ Mar 15 2013, 08:12 PM)
I vote for up. Waiting for the price to be adjusted in hot area is like wishing for miracle. Why? Simple because over the pass few years monitoring I only notice the overall price go up and then different is very obvious. Adjusted of 5%-10% compare to yesterday price will make u happy? I guess no because few years back u probably have better chances to buy it at 50% lower than current price but than at that point of time people already start shouting property pop but then again, is like wishing for miracle to happen. And now look back further even for the past few decade u notice what? Yeah, the cheaper price is always in the pass, not in the future.
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This kind of opinion totally doesn't make sense. rclxub.gif

Let's break down. OK?

QUOTE(kradun @ Mar 15 2013, 08:12 PM)
I vote for up. Waiting for the price to be adjusted in hot area is like wishing for miracle.


Miracles do happen! biggrin.gif

QUOTE(kradun @ Mar 15 2013, 08:12 PM)
Why? Simple because over the pass few years monitoring I only notice the overall price go up and then different is very obvious.


Past few years starting from when, 2008?

QUOTE(kradun @ Mar 15 2013, 08:12 PM)
Adjusted of 5%-10% compare to yesterday price will make u happy?
It should! RM1M adjusted 10% is savings of RM100k.
Who doesn't want to save 100k? Even 5% at 500K, the savings is 25K, enough to put downpayment on a nice car.

QUOTE(kradun @ Mar 15 2013, 08:12 PM)
I guess no because few years back u probably have better chances to buy it at 50% lower than current price but than at that point of time people already start shouting property pop but then again, is like wishing for miracle to happen. And now look back further even for the past few decade u notice what? Yeah, the cheaper price is always in the pass, not in the future.
*
So far the time machine has not been invented yet. So, you can't go back 20 years to buy a DSTH in USJ for 200K, sorry.
We can only look to the future, which says: the signs are obvious for certain prop sectors, but if you wish to deny, no one can stop you. wink.gif
bux
post Mar 15 2013, 10:17 PM

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Upupup regardless of GE13 result...things n building materials are getting expensive day by day
prody
post Mar 15 2013, 10:41 PM

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QUOTE(sishouse2 @ Mar 15 2013, 08:46 PM)
depends on PRU13
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Depending on their policy changes I may revise my opinion if PR win.
doraemonkiller
post Mar 15 2013, 10:50 PM

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More foreigners will invest if PR win.
AppreciativeMan
post Mar 15 2013, 11:19 PM

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Price won't move much before or after GE.... It is wat they implement in the policy regardless which party affecting the prop prices....
all blacks
post Mar 15 2013, 11:22 PM

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QUOTE(prody @ Mar 15 2013, 08:03 PM)
Current trend is down and it's probably going down more.
Subsale seems very slow and asking prices are dropping.
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I think it depends on location.. If you look at location such as Puchong and Kinara area the price is on high end n it keeps rising steadily.. On the other side places like Alam Impian, Setia Alam and Denai Alam the price is kind of stagnant.. Nt too much of increase or decrease in price in recent times..
AppreciativeMan
post Mar 15 2013, 11:25 PM

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QUOTE(all blacks @ Mar 15 2013, 11:22 PM)
I think it depends on location.. If you look at location such as Puchong and Kinara area the price is on high end n it keeps rising steadily.. On the other side places like Alam Impian, Setia Alam and Denai Alam the price is kind of stagnant.. Nt too much of increase or decrease in price in recent times..
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+1
As I'm familiar with TmnDesa... Price don't drop during financial crisis, it jus stagnant... However during up market, they jus follow....
However, can't deny.... For any correction, high end Condo of 660k-800k and above could have higher correction possibilities than condo value 660k and below...
Eg.. High end may move around 20-30%, while medium end (600k or less) could move around 10-20%....

This post has been edited by AppreciativeMan: Mar 15 2013, 11:36 PM
all blacks
post Mar 16 2013, 12:03 AM

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QUOTE(AppreciativeMan @ Mar 15 2013, 11:25 PM)
+1
As I'm familiar with TmnDesa... Price don't drop during financial crisis, it jus stagnant... However during up market, they jus follow....
However, can't deny.... For any correction, high end Condo of 660k-800k and above could have higher correction possibilities than condo value 660k and below...
Eg.. High end may move around 20-30%, while medium end (600k or less) could move around 10-20%....
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Even if correction happens, most probably the so called "Next prime area" might take the biggest hit for DSL while for condo, most of the recent launches might have huge impact.. With the current inflation level, I don't think many ppl could even afford to pay the rental fees and also maintenance fees in future as living cost is going up too fast..

Nt many young ppl/family could afford high end condos.. It's worrying, landed has always been a good investment as in terms of long term appreciation is guaranteed but downside nt so suitable for rental purpose..
Hello_kitty 89
post Mar 16 2013, 12:05 AM

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The think I hope is The gov control the property price which make more ppl "affordable" is by lowering the BLR rate. If so, win win solution for us. Lol. Stagnant but lower BLR set. More interesting. Hahaha. More ppl will buy for own stay. Wow
satrianeo-x
post Mar 16 2013, 12:39 AM

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It will or should have to go up for vision 2020. Erm, whats vision 2020 again? My memory fails me. How abt this. Instead of pedicting up down.... Lets guess which area, location will go up or maintain, and not crash. It will be a bit more positive and consttuctive. Just rea, no need mention the dev.... Joey yap time.
Hello_kitty 89
post Mar 16 2013, 12:43 AM

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Hat are you trying to say? Confused@@
Llchieng
post Mar 16 2013, 12:43 AM

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Up up 50-100% then market collapses
satrianeo-x
post Mar 16 2013, 12:45 AM

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It is paper money http://biz.thestar.com.my/news/story.asp?f...51&sec=business

Hello_kitty 89
post Mar 16 2013, 12:46 AM

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Lol. For current situation, as long as ppl still afford to rent, the market still won't collapse as here got many taikor to own those properties lol. Just worried those taxes if flip become higher. What things need to consider ?
joeblows
post Mar 16 2013, 12:54 AM

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QUOTE(Hello_kitty 89 @ Mar 16 2013, 12:05 AM)
The think I hope is The gov control the property price which make more ppl "affordable" is by lowering the BLR rate. If so, win win solution for us. Lol. Stagnant but lower BLR set. More interesting. Hahaha. More ppl will buy for own stay. Wow
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Ha ha ha.........this is not gonna happen. We are already at record lows, plus all the banks profitability will take a big hit.

What's more likely is that BLR is gonna increase........
satrianeo-x
post Mar 16 2013, 01:11 AM

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Maabbnnnnnnnn gov. Now like pepper And salt fuesss it stewpit. I side no on ene. Neitherr bn nor bn. Trust yourself.
satrianeo-x
post Mar 16 2013, 01:22 AM

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Global leaders will crash us. They trying to make it a little easier for us. To accept there is one ruler. So 'together', the leaders have already made that decision. To wind it down or crash it so that they (mere mortals)
may learnnnnnnnnnnnnn..... They call it apocalypse.... I call it divine intervention.
AppreciativeMan
post Mar 16 2013, 01:24 AM

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QUOTE(satrianeo-x @ Mar 16 2013, 01:11 AM)
Maabbnnnnnnnn gov. Now like pepper And salt fuesss it stewpit. I side no on ene. Neitherr bn nor bn. Trust yourself.
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+1
Humans hav limitless ability and capability.... Why depend on someone else to spoon feed u? Go use your time, effort and energy to find better solutions.
'If there is a problem, there is a solution. If there is no solution then that is not a problem, it's a fact.'
So stop worrying and be happy....

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