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

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A.B.D.
post Mar 31 2013, 12:55 PM

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Following The Smart Money In Asia

http://www.forbes.com/sites/jamesgruber/20...-money-in-asia/
A.B.D.
post Apr 14 2013, 10:26 AM

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QUOTE(AMINT @ Apr 14 2013, 10:22 AM)
When do u guys think this LTV70% will be lifted?
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when property sales is slow and need a boost...

looks like not anytime soon... tongue.gif
A.B.D.
post May 18 2013, 10:26 PM

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QUOTE(AMINT @ May 18 2013, 10:18 PM)
If really like this then in 10 years, dispose all prop and live in ozzy
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bro, hopefully exchange rate is still ok in 10 years time, and also hope malaysia property appreciated.

i remember around 10 years ago 2002/2003 RM 1 = AUD 0.40, now it's around AUD 0.30, 10 years later dunno how...but historically we've been sliding down lar..
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post May 18 2013, 11:43 PM

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QUOTE(ManutdGiggs @ May 18 2013, 11:05 PM)
Apart fr props, stocks, next move shall b keeping foreign currency rather than RM. USD, RMB and SGD seems interesting in the next 10yrs.
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this is a sign being a 3rd world country...actually our ministers and VVIP cronies already started shifting money and buy condo overseas long time ago...lol!

now if wanna cabut to SG or Oz, RM 1 million cash become SGD 400k/AUD 300k only...i think our leaders don't mind RM smaller, less ppl can cabut...
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post May 19 2013, 09:50 PM

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QUOTE(newx @ May 19 2013, 04:50 PM)
Agreed. The hyperinflation in Zimbabwe was caused by forceful acquisition of private properties i.e. farm land. As a results, agricultural outputs went down as the original farmers were being displaced from their farms and had not been compensated at all. Subsequently, world powers like USA imposed credit freeze or other form of economic sanctions on the country. With lesser agricultural outputs and economic sanctions, Zimbabwe had little means to generate any revenue.

To become like Zimbabwe, the Malaysian government will need to confiscate our private properties. Now let us answer these two questions:
1. Do we think this is going to happen in Malaysia?
2. Most importantly, do we want this to happen?

You have to be out of your mind to answer Yes to the second question. The imagination of Red Bean Army could never be underestimated. I am being polite when I said imagination.
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in theory what the ultra malays want to do is like what robert mugabe did to the whites. they dont have to do it exactly the same way but sure feels like it.

http://www.bbc.co.uk/news/world-africa-20645271

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