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

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kidmad
post Mar 17 2013, 05:24 AM

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Anybody have any figures on the development year 2012 vs year 2013? Seems like new development and new launches are really slow most likely due to the tightening by BNM.

What's I'm afraid if they close the pipe too tight, later on the props in 2015 where i think it would be stable by then might turn out the be other way round due to the high demand and low supply scenario.
kidmad
post Apr 13 2013, 12:10 AM

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GOLD PRICE WENT DOWN!? was thinking would it be a risk investing some of my money on it or not. Any ideas? tongue.gif
kidmad
post Apr 13 2013, 12:17 AM

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QUOTE(zuiko407 @ Apr 13 2013, 12:13 AM)
Haha! I'll definitely can't answer u, u need to ask our gold expert tongue.gif
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Jialat.. If i listen to him and buy that moment easily lost 300 bucks ady. EASILY.. per dorno how many kilo. HAHAHHAa
kidmad
post Apr 14 2013, 09:47 AM

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debates a side. Now gold Price at 1.4... Can start to buy bo? or wait a week more or so hoping it will fall even more? tongue.gif
kidmad
post Apr 16 2013, 05:39 AM

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Will the GOLD prices impact the sub sale market? More ppl selling their props perhaps???

Thinking GOLD or Props now.. This is a DAMN good moment. Time to buy GOLD RING! wohoo!
kidmad
post Apr 19 2013, 03:22 AM

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QUOTE(AMINT @ Apr 16 2013, 11:26 AM)
huwaaa crazy. guys, can anybody here explain why gold going down despite US printing money? I have zero knowledge on this. please explain in layman terms if possible. Thanks
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Japan had joined US and now they are fighting for number 1 in money printing industry. tongue.gif sama sama jual emas untuk print money. haha. And it will continue going down until both of them stopped doing so. If you are planning to go JP or US anytime soon.. Better buy their currency now else it would shoot up pretty soon.
kidmad
post Apr 19 2013, 01:08 PM

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QUOTE(AMINT @ Apr 19 2013, 07:35 AM)
Kidmad, just wanna ask. Isnt printing more money makes the price of gold becomes "higher" because the value of currency goes lower?
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Hi AMINT, I'm a techie so not too good with Economic term but from what i understand and studied reading ARTICLES! Oh yeah, I read too but just that i choose the information wisely and not sharing them without any analysis tongue.gif

In layman term... they are running out of cash.. so to get more cash the banks in JP and/or US liquidate their gold. I hope Cyprus and the other Euro country won't join if not you will see major crisis soon, the first to die would not be property but the public listed companies... By liquidating their gold it results to more cash available in the market. Like all fundamentals... If everyone sells their gold what would be floating in the market??? Yup CASH and for those who are playing with currency exchange.. Their safest bet would be US dollar. So again if everyone is going for US dollar.. Then USD will will shoot up this is when ppl call the ERA of CASH IS KING.. Unless some joker decide to collect MYR biggrin.gif then it will increase as well but the chances of it happening would be near impossible.
kidmad
post Apr 19 2013, 01:24 PM

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QUOTE(tat3179 @ Apr 19 2013, 12:47 PM)
Right...and he is now secretly hoarding gold and then plan to detonate a nuclear bomb in fort knox to contaminate the world's gold supply.... biggrin.gif

Come onlah, what he said makes sense.

Gold has little industrial application, the reason why we put it in such high regard is because it won't rust and it is shiny.

That's it. There is nothing more you can use it for except for some electrical components.

Other than that, you buy a gold bar, you lock in your money and you have to pay a bank to store it for you in a safe deposit box. Then it gathers dust in a bank vault somewhere...

How is your money put in productive use as compared to put your money in companies that actually makes things or provide a service for people and reap dividends when invested right.

Heck even overpriced props at least provides shelter and a place to rest.
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Because someone in V3 or V4 mentioned that we might end up in the era where gold is used as a medium for trading. doh.gif doh.gif HAHAHA Guess the reality is really gonna hit him hard. So called Financial Consultant or so on for some BIG Financial Corporate.
kidmad
post Apr 19 2013, 02:06 PM

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QUOTE(AMINT @ Apr 19 2013, 01:59 PM)
Thanks for taking time to explain. smile.gif
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Haha i also half past 6 only bro. Getting some proper financial guru to do proper explanation. Haha that's my own understanding only icon_question.gif

This post has been edited by kidmad: Apr 19 2013, 02:06 PM
kidmad
post Apr 20 2013, 01:17 AM

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You are not only amusing.. but even more xxxxxx. Sorry no offence but what you just posted do not make sense at all.

Ask yourself why gong gong go buy RM1m prop? can't you just go for something within rm250k - rm400k? Borrow around 300k or so.. Monthly installment less than RM1.5k. Rent out RM1.6k or so... Negative and have to pay the other utility well it's worth it still!? WHY?? Cause someone is paying the money for you. Consider the little bit of money paid monthly or quarterly as handling fee's smile.gif

RM1.5k x 10 x 10 - In 10 years time someone had already paid RM150k for you! im considering not the whole full year you will be able to rent out and no appreciation AT ALL for your unit. Which most likely would be impossible. wink.gif rental keeps increasing every 2 - 3 years. My condo unit from rm900 when i first wanted to rent and as compared to now the unit i rented out @ RM1.5k.. That's whopping RM600 difference in merely 5 years time. whistling.gif

Again tell me, buying GOLD @ 1000 and hold it for 10 years... if you sell few months back well your profit is about? Not bad.. for every dollar you are getting about 1.8 in return.. If you sell now? Hoho... how much are you gonna get for the RM100k you invested in? Do the maths. In the old days.. RM100k can already get you quite a number of good properties. sweat.gif

kidmad
post Apr 20 2013, 02:15 AM

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QUOTE(joeblows @ Apr 20 2013, 02:01 AM)
A) Don't compare with old days unless you have a timemachine. Why just compare with properties? Why not when gold was $700 an ounce?

B) that's why I specifically said LANDED properties right? You do know some investors do invest in landed for cap appreciation right? Condos I also own so you don't need to tell me cock and bull stories of the benefits, I know all these well.

C) rental keeps increasing every 2-3 years? Not always. Some places and over the last 2-3 years only maybe. Not all. MK rentals have been flat or on a very slight gradient from 2005-2009.

D) rental yield to cover bank loan is not the only thing a landlord needs to think unless you are very naive, which you sound so. I've mentioned a few times my family and I own a handful of props. Have you experience forking out 4k to repair the plumbing in your middle class condo? Thats three months rental. How about paying 3.5k to repair the flooring due to water damage? Or 1.5k to repaint the place? Ever dispute with unreasonable tenant who demands deposit back even leaving the condo in a mess?

Don't get me wrong, property investment still has its benefits and there's no doubt someone can get rich off good investments still but to laugh at precious metal investment becsuse you dont fully understand how it works and praise properties without understanding the risks sounds like you are someone very inexperienced.
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Definitely I'm not very experience but you sound like someone who do not even own a single property. laugh.gif No offence.

The moment you take a ridiculous comparison. RM100k GOLD investment VS RM1M Property investment... WTH are you thinking? Are you doing a proper comparison or is there something wrong with your mind that you can't count right? The additional digit make hell lot of difference and the factor of risk is hell lot more as compared to RM100k investment. Do you even know what does it mean by investment? blush.gif Oh it only happen to the market in the old days? Now it's not happening?

True enough but what about places like Eco Glades, Perdana Lakeview, Garden Residence? It's 2009/2010 launch and the sales is still going on.. Of course it's slower but the blardy appreciation is huge still yawn.gif Personally i'm not someone who are into high risk investment so these launches are not my cup of tea.

I took gold price @1000 which converts to property during that era.. Yes you can buy a double storey landed @ RM300K - RM400k.
kidmad
post Apr 20 2013, 02:16 AM

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QUOTE(joeblows @ Apr 20 2013, 02:09 AM)
Gold slump results in heavy demand

Oops! Still laughing your ass off?

Or ass just got burned?  brows.gif
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No I'm still laughing cause I'm buying Gold as well. LOL
kidmad
post Apr 20 2013, 02:30 PM

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QUOTE(joeblows @ Apr 20 2013, 11:03 AM)
That's the dumbest investment mistake ever - choosing a tiny time window to fit your hypothesis to conclude x >> y. if you just take 2012 then you can consider Apple as a stupid investment then despite it appreciating over 1000% from trough to peak over the last 5 years. Past performance (especially just looking at a tiny handpicked window) is not guarantee of future results.

The reality is, 2005 - 2013, property prices in KL have increased 50-100% across all areas. Yes that's true. Taking your 400K DSTH its now valued at 700-800k. That's the past though, you don't have a time machine to go back to 2005. The question is, can it increase another 100% by 2020 to 1.6M?

My answer is you're dreaming if you think it can. So, buying gold today is smarter than buying DSTH for investing.
Shit... you are really...... pandai... as expected same tactic same pattern.

the debate was regards to you suggestion of investing RM100k to gold vs RM1M prop. Now you twist and turn talking about 2012 property prices which again I mentioned... Gold wasn't sold @1000 in 2012.. In if you had bought some during 2012.. You are burning now. Investing into GOLD now? That's ain't smart too. The European countries have not announce they are liquidating their gold asset. If Cyprus, Greece, Spain and so on decided to join the bandwagon.. Those invested in Gold will burn themselves once again.

Please don't act smart in the property forum and repeat mistakes once done by someone here. Talking about gold prices soaring high. Talking about how smart you will be by investing Gold? Please....

Disregard Warren's Philosophy? that ain't smart.
kidmad
post Apr 20 2013, 02:33 PM

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If there is a good time to wait and see I think this would be it. Haha. If Gold really gonna hit 1,000 I'm going to dump a big portion of my money and savings into it. If nothing's gonna happen and Gold remain @ 1.43k... Then life goes on and I wouldn't want to risk. so what's your plan bro? going all in with Gold when it's going further down?
kidmad
post Apr 21 2013, 11:43 PM

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QUOTE(joeblows @ Apr 21 2013, 11:37 PM)
If you bought gold at USD$1350 in 2011 and sold at USD$1800 you'd have earned 33%. Based on 450K initial investment works out to about 135k.

If you bought it a few months earlier in mid 2010 at $1200? You'd be up 50%.

Past performance is not an indicator of future results however. Will prop go up another 33% by 2015? You must be dreaming if you think so.  biggrin.gif
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2009 up to date.. there are props which had 100% increase in price la.. You sure you in prop investment? doh.gif You sound like you don't know well about the market.

Adding on.. Gold you need 300k as your initial investment base on your calculation. And prop you will only need 15% smile.gif
kidmad
post Apr 22 2013, 11:35 AM

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QUOTE(joeblows @ Apr 22 2013, 08:46 AM)
You don't know how to read? The post quoted used investment time frame of 2 years. Is 2009 2 years ago?  doh.gif

Past performance is not a guarantee of future results, kid. Ok so since 2009 property increased 100%. Let's ASSume la that you are correct (only in certain locations but whatever). So does this mean that by 2017 props will increase another 100%? Are you on drugs?  biggrin.gif

As of TODAY, I'm willing to say that over a two year timeframe other investments, including gold, will likely outperform KL property now till 2015 (not including KLSE however).

So please, do us all a favor and shut up about 2009 or 2010 unless you just invented a time machine, kid. You are buying at 2013 prices, not 2009.
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You are the one taking the old days into comparison. smile.gif Not me. Im just putting words back into your mouth. Smart fellow. Thank god you know we are in 2013 lol. Taking gold price back in 10 years you are the one. talking about gold price in 2010 you are the one.. Now ask me shut up cause I talk about property value in 2010? Man.. you are one amusing fellow.
kidmad
post Apr 22 2013, 05:29 PM

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QUOTE(joeblows @ Apr 22 2013, 12:28 PM)
?

I'm talking about today. Hari ini bukan dalam sejarah.  doh.gif
22 April 2013 not 2009 or 2010.

Gold price fell 30% from highs - can consider to buy based on fundamentals.
Property still overpriced - not a good investment.

Do you disagree?
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read back your comments. you are the one talking about investment of gold in the old days then take 2010 gold price to compare. I aint the one who did the benchmark. You did.

I never like to talk about the past cause i missed the bandawagon but as for investment now hey.. Already mentioned a couple of post back.. Myself is also looking into GOLD investment. smile.gif Im just putting back your words in your own mouth. simple as that. After all you are the one with the RM100k VS RM1M investment comparison. not me
kidmad
post Apr 22 2013, 05:33 PM

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QUOTE(conqu3ror @ Apr 22 2013, 02:47 PM)
@worgen

Probably you can try stop sarcastic joeblows. Don't judge from a book from it's cover, anyone could be our guru.

Honestly from investment point of view, joeblows just had higher risk appetite then others, nothing right or wrong. He could be right, as market may rebound, or may going down again. Some expert advise to buy step by step over the bullish market.

No one can accurately predict stock market. All about knowledge, experience, behavior, brave in investment market.
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@conqu3ror, I have to side on worgen. It appears to me that he knows nothing about investment and yet his misleading everyone else as to put their money in something which uncertain? Would you risk your hard earn money at this moment considering the instability which peaks? Someone talk about Euro zone crumble and prop price going down the hill. Look what has happened now. smile.gif

If you would give advise, give one which makes sense and not from a joker's point of view. To read back in this section.. the investment comparison of RM100k as compared to RM1M is a joke to begin with and now talking about Apple's stock which they can't be certain as well? Good luck go ahead with it.
kidmad
post Apr 22 2013, 05:36 PM

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QUOTE(bearbearhong @ Apr 22 2013, 11:51 AM)
up down stagnant we all predicting arguing with facts and with some economist expert stepped in claimed with years of experience giving example articles charts etc,  stay cool sit back and be faithful for whatsoever you have vested. at the end of the day, everything is beyond our control, in life there is only 2 things that are certain, i.e. tax and death, and now is time to pay tax!

sorry, just want to "neutralised" a little here...
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sudah bayar lo. and now waiting for tax refund. lol
kidmad
post Apr 22 2013, 05:38 PM

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QUOTE(Rooney1985 @ Apr 22 2013, 12:23 PM)
What to come? perhaps can share your analysis? But if gold will to be continued going the downhill trend in the next month i forsee stock markets, prop and other investment link will be hit as well. time to invest in USD perhaps. biggrin.gif

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