V10 - Property Prices (Up, Down or .....), and the debate goes on and on and on ...
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 Mar 19 2013, 07:46 PM
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#1
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Junior Member
135 posts Joined: Nov 2012 
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Actually price got drop meh? (scratch2 head). Was helping friend to look around for subsale condo for her own stay also struggle like hell...seeing price inching up every 2-3weeks..
dont shoot me.. just 2c. |
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Mar 19 2013, 07:58 PM
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#2
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Junior Member
135 posts Joined: Nov 2012
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QUOTE(AMINT @ Mar 19 2013, 07:50 PM) I think firstly we have to identify what is the market price. How to identify this? Via bank valuation? if bank valuation low but ROI can get 10% how? This considered below market coz dropped? Or just follow advertisement? Drop means drop and up means up? Not easy to categorize this too, right? Correct, difficult to categorize... In general observation, the price advertised, upon checking with agentS... tabled it over time ... inching up... Bank valuation is typically lower or slightly lower... however.. my past experience of several subsale purchases.. all banker in the begining say.. "oh.. cannot meet the purchase price"... after replying them "oh like that ar... then nvm, i go other bank......" banker will reply "same2.. other bank also same valuer".... after few rings to several valuer the banker will call "Oh Mr X...can la.. but very difficult". So far, my experience 100% loan application all meet valuation price...  I can feel the tension of my friend who is yet to own her first prop... same goes for other friends (young and old)... all are searching high and low worrying things will not be affordable in the future.. |
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Mar 19 2013, 08:02 PM
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#3
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Junior Member
135 posts Joined: Nov 2012
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QUOTE(Nikmon @ Mar 19 2013, 07:59 PM) Woo, before other down camp shoot u, better share which property u r referring. background checking?  Go see see....taman desa... sentul east, west, bukit jalil, setiawangsa.... name of condo.. no need la.. expert like u surely can guess the few popular ones based on the locations... peace.. |
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Mar 20 2013, 08:34 AM
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#4
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Junior Member
135 posts Joined: Nov 2012
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[quote=Nikmon,Mar 19 2013, 08:09 PM]
This is the problem, can't find any unit inch up weekly... Convillea, no, savanna, no, desa R, no, PV16 no, opal no, casa tro, no...what leh...  [/quote Taikor... No share of fish market...not weekly... every few weeks... Savanna manyak stable liao ma... Covillea very hot now... u gave manyak eg but none in Sentul area... for eg Sentul east and west asking price up by 1xxk since last year june ....see tamarind, saffron and maple... Itu titiwansa lagi hebat.... Ok.. u must collect data and compare2.. |
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Mar 21 2013, 08:55 AM
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#5
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Junior Member
135 posts Joined: Nov 2012
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QUOTE(joeblows @ Mar 19 2013, 10:13 PM) You said price going up bla bla bla........I can still accept. Can i just say I found good deal or smart banker? But the words in bold - very fake. I know first hand very large amount of bank valuation FAR below asking price and agent asking buyer to top up cash. This is a fact and undeniable. Lets just say......fishy.  Or u found bad deal and lousy banker? end.. I dont want to argue with u further as this is my experience |
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May 29 2013, 09:34 PM
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#6
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Junior Member
135 posts Joined: Nov 2012
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Is that true that subsale market very soft now? Heard many subsale at setia alam is left unsold?
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