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

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zuiko407
post May 16 2013, 11:11 AM

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QUOTE(teohkpin @ May 15 2013, 11:04 PM)
Zuiko taikor always very optimistic becoz he already has his war chest build. He entered early so cost is low and rental yield high. I guess his new purchase if any is financed by previous profits so he can go all way out. For us small time investor need to be very careful. Hard earn money lehhhh........smile.gif
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I have sold 3 units of low end since last year, reduce my headache and get some reserve fund
LDP
post May 16 2013, 01:37 PM

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At the moment, there is a slight downward pressure on price. But it hasn't really collapsed or tumbled yet.
fast_coder
post May 16 2013, 03:32 PM

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QUOTE(zuiko407 @ May 16 2013, 11:11 AM)
I have sold 3 units of low end since last year, reduce my headache and get some reserve fund
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what is your definition of low end ? on type/ price ?

This post has been edited by fast_coder: May 16 2013, 03:33 PM
Greazlog
post May 16 2013, 04:00 PM

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QUOTE(JustNobody @ Mar 15 2013, 04:23 PM)
Again?  rclxub.gif
Up and Up... Buy now if you haven't!
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I think prices reached a rediculous level. Once property prices do not suit the average citizen income, that means something went wrong big time. I do not try to put solution because I do not know and should not speak of something you do not know. but the Government is responsible to solve this matter, they have alot of so called think-tank if they fail to protect the middle class from living in smaller and smaller houses, then it means they failed. Of course the social damage when middle class cannot afford a house is huge as crime, corruption, and decay in ethics are some of the results we expect. sad.gif
katijar
post May 16 2013, 04:42 PM

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the proposed solution is PR1MA house!
SilverSpoon
post May 16 2013, 05:54 PM

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QUOTE(SilverSpoon @ May 14 2013, 01:30 PM)
Hi guys,

Recently I notice someone posted SS2 Mall condition which is like ghost town now.

https://forum.lowyat.net/topic/2768563
https://forum.lowyat.net/topic/2781371

May i know what causes the SS2 Mall become ghost town?
If talking about location, this place should not be an issue right?
Did such a bad situation causes any drop in rental & selling price?

Just want to have a healthy discussion & some views on the above as this is property price up or down discussion thread anyway.
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Hi guys, I didn't get much feedback about the SS2 mall.
Anyway, what is your view on this:
Amara Service Residence
AVFAN
post May 16 2013, 06:42 PM

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QUOTE(SilverSpoon @ May 16 2013, 05:54 PM)
Hi guys, I didn't get much feedback about the SS2 mall.
Anyway, what is your view on this:
Amara Service Residence
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bad news, nobody wants to talk la...

actually, reading the threads, there are also a number of projects not selling well, also nobody want to talk much.

but to be fair, it is not dire straits. not yet.
SUSworgen
post May 16 2013, 06:53 PM

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QUOTE(katijar @ May 16 2013, 04:42 PM)
the proposed solution is PR1MA house!
*
still have ppl believe prima.

This post has been edited by worgen: May 16 2013, 07:24 PM
accetera
post May 16 2013, 07:12 PM

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Property market vs Purchasing Power

In Bangkok, it is surprising they have so many "non-conventional" professionals such as fashion designers and artisans that earn big bucks. An average fashion designer can earn about USD15,000 a week. Considering their population size and purchasing power, it is no wonder that Urban Thais are demanding more and more sophisticated stuffs. And at the same time they are demanding higher and higher price properties... and go to hell with social housing.

Comparing to Malaysia, our Urban Malaysians are struggling to become salesman of any junk such as MLM or credit card and or struggling to even have an opportunity to see the blue skies in their professional jobs such as auditor or engineer. Even then, Urban Malaysians pay are absolutely low given that our productivity per capita is actually not that bad.

The only thing is we lacked creative means to earn big bucks, unlike the Thais. How many Malaysians are fashion designers? Or how many Malaysians actually buy local designer products? For every overseas products we buy, we have money outflow as imports weigh exports.

Here, we Malaysians are demanding social housing and welfare benefits.



zuiko407
post May 16 2013, 08:15 PM

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QUOTE(fast_coder @ May 16 2013, 03:32 PM)
what is your definition of low end ? on type/ price ?
*
Bought in 2000(105k), 2004(150k), feb2012(175k).
Sold 265k, 320k, 280k.
All rental above 1k
SUStikaram
post May 16 2013, 09:46 PM

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QUOTE(accetera @ May 16 2013, 08:12 PM)
Property market vs Purchasing Power

In Bangkok, it is surprising they have so many "non-conventional" professionals such as fashion designers and artisans that earn big bucks. An average fashion designer can earn about USD15,000 a week. Considering their population size and purchasing power, it is no wonder that Urban Thais are demanding more and more sophisticated stuffs. And at the same time they are demanding higher and higher price properties... and go to hell with social housing.

Comparing to Malaysia, our Urban Malaysians are struggling to become salesman of any junk such as MLM or credit card and or struggling to even have an opportunity to see the blue skies in their professional jobs such as auditor or engineer. Even then, Urban Malaysians pay are absolutely low given that our productivity per capita is actually not that bad.

The only thing is we lacked creative means to earn big bucks, unlike the Thais. How many Malaysians are fashion designers? Or how many Malaysians actually buy local designer products? For every overseas products we buy, we have money outflow as imports weigh exports.

Here, we Malaysians are demanding social housing and welfare benefits.
*
Creative people already in UK. Nz .Canada etc

left only from Africa. Indon . bangla etc

why ?

See below.

New home minister tells unhappy Malaysians to emigrate

When r u leaving?


This post has been edited by tikaram: May 16 2013, 09:47 PM
accetera
post May 16 2013, 10:33 PM

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QUOTE(tikaram @ May 16 2013, 09:46 PM)
Creative people already in UK. Nz .Canada etc

left only from Africa. Indon . bangla etc

why ?

See below.

New home minister tells unhappy Malaysians to emigrate

When r u leaving?
*
Most Malaysians in overseas do not belong to my "creative" meaning. Most in UK are ordinary working people who still are nobody in UK.

In Thailand, the people cultures are different as they are very proud of their nation despite all the bad things like abuses and corruption and even religion problems within the Buddhists. The Chinese Thais have willingly gave up all that is "Chinese" and choose to assimiliate with the Native Thai and adopt everything Thai. By doing so, the combination of Native Thai and Chinese have produced a much better species - the Modern Urban Thais that are largely not racist like we Malaysians and not discriminatory against poorer neighboring country immigrants like Malaysians.

Similarly, the Filipinos and Indonesians are very proud people. They rather die than to give up to richer countries like Taiwan (haha). *they now accuse Malaysia as bad as Taiwan because of our Chinese people. LOL (to some extent, the so-called natives of some ASEAN countries have similar mindset)

More Malaysians are actually coming back to Malaysia now and I guess not many will be swayed by a mere statement of a Minister (he can say whatever till the cats can fly).

This post has been edited by accetera: May 16 2013, 10:37 PM
kh8668
post May 16 2013, 11:08 PM

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QUOTE(SilverSpoon @ May 16 2013, 05:54 PM)
Hi guys, I didn't get much feedback about the SS2 mall.
Anyway, what is your view on this:
Amara Service Residence
*
some feedbacks at ss2mall thread ma.

amara 's price is considered cheap with 220k onwards.

the progress work is slow; I do not know why. Do you know any?
SUStikaram
post May 17 2013, 08:08 AM

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QUOTE(accetera @ May 16 2013, 11:33 PM)
Most Malaysians in overseas do not belong to my "creative" meaning. Most in UK are ordinary working people who still are nobody in UK.

In Thailand, the people cultures are different as they are very proud of their nation despite all the bad things like abuses and corruption and even religion problems within the Buddhists. The Chinese Thais have willingly gave up all that is "Chinese" and choose to assimiliate with the Native Thai and adopt everything Thai. By doing so, the combination of Native Thai and Chinese have produced a much better species - the Modern Urban Thais that are largely not racist like we Malaysians and not discriminatory against poorer neighboring country immigrants like Malaysians.

Similarly, the Filipinos and Indonesians are very proud people. They rather die than to give up to richer countries like Taiwan (haha). *they now accuse Malaysia as bad as Taiwan because of our Chinese people. LOL  (to some extent, the so-called natives of some ASEAN countries have similar mindset)

More Malaysians are actually coming back to Malaysia now and I guess not many will be swayed by a mere statement of a Minister (he can say whatever till the cats can fly).
*
i suggest u get yourself another passport while still young if you hold professional membership. when u get older points will be lesser awarded to you.
katijar
post May 17 2013, 08:45 AM

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still have ppl believe prima.

--------------------------------------

47% Malaysians believe it!
SilverSpoon
post May 17 2013, 04:47 PM

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QUOTE(kh8668 @ May 16 2013, 11:08 PM)
some feedbacks at ss2mall thread ma.

amara 's price is considered cheap with 220k onwards.

the progress work is slow; I do not know why. Do you know any?
*
I don't know why the progress is slow.
I do know one of my friend bought a unit there.
Well, hope the project won't go abandon if not he will be in deep shit.
Steven83
post May 17 2013, 07:18 PM

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QUOTE(tikaram @ May 16 2013, 09:46 PM)
Creative people already in UK. Nz .Canada etc

left only from Africa. Indon . bangla etc

why ?

See below.

New home minister tells unhappy Malaysians to emigrate

When r u leaving?
*
simple answer, bn wants dumb Malaysian. If smart = problem for them to control and continue with the cheat and fooling.
SUStikaram
post May 17 2013, 08:56 PM

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QUOTE(Steven83 @ May 17 2013, 08:18 PM)
simple answer, bn wants dumb Malaysian. If smart = problem for them to control and continue with the cheat and fooling.
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In addition to smart and un smart.

Bn asked rich Malaysian go go . and say mari mari poor bangla.

Australia asked rich rich Malaysia come come. And tell go go poor bangla.

So will rich China. Taiwan. Korea. come buy my 2nd home......

Oppp....s ... i just turn good day to a bad one for uuuu camp.

This post has been edited by tikaram: May 17 2013, 09:29 PM
SUSworgen
post May 17 2013, 09:20 PM

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QUOTE(Steven83 @ May 17 2013, 07:18 PM)
simple answer, bn wants dumb Malaysian. If smart = problem for them to control and continue with the cheat and fooling.
*
SUSworgen
post May 17 2013, 09:21 PM

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QUOTE(katijar @ May 17 2013, 08:45 AM)
still have ppl believe prima.

--------------------------------------

47% Malaysians believe it!
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your answer been answered by steven83 above. hope you are not 1 of the 47%. otherwise i can only wish you condolence.

This post has been edited by worgen: May 17 2013, 09:30 PM

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