Current trend is down and it's probably going down more.
Subsale seems very slow and asking prices are dropping.
V10 - Property Prices (Up, Down or .....), and the debate goes on and on and on ...
V10 - Property Prices (Up, Down or .....), and the debate goes on and on and on ...
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Mar 15 2013, 08:03 PM
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#1
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Current trend is down and it's probably going down more.
Subsale seems very slow and asking prices are dropping. |
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Mar 15 2013, 10:41 PM
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Mar 18 2013, 11:18 AM
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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.. I don't notice this trend in Puchong and Kinrara. You have any examples? |
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Mar 18 2013, 09:29 PM
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QUOTE(all blacks @ Mar 18 2013, 05:30 PM) You can try looking at the recently VP'ed units such as Emerald and Sapphire... Launching price was around 700K and 6xxK.. Current asking price is 950K-1mil and 940K-980K.. As I was saying: "Subsale seems very slow and asking prices are dropping."The units was ready around last year May.. So basically 300K increase in 2 years ++ since launch... Not sure if tats called "healthy" appreciation? Of course compared to 3 years ago prices are up. But it seems to me in many areas asking prices are dropping compared to 3-6 months ago. |
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Mar 18 2013, 11:37 PM
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Mar 19 2013, 08:51 AM
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QUOTE(all blacks @ Mar 18 2013, 11:48 PM) Actually most of the agents told me to skip Emerald as it's a waste of time dy... Because owners has started to ask 950K - 1mil now since the last transaction.. Maybe 970k was the peak. There seem to be plenty at iproperty asking much less.The agents told me tat Qaseh is a better choice if u r going for 1 mil++ price tag.. Was supposed to view 1 of the cheapest unit last weekend, wic was going for 910K and suddenly the owner didn't wanted to sell the unit.. So looks like he wana join the party too.. Sapphire wic is slightly smaller by 1xx sqft is asking for 940K, if not mistaken the last few units available... so wouldn't be too surprised if asking is more than 950K on wards.. |
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Mar 19 2013, 07:29 PM
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Mar 19 2013, 07:29 PM
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Mar 19 2013, 08:27 PM
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Mar 21 2013, 12:37 PM
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Mar 21 2013, 02:03 PM
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Mar 21 2013, 03:08 PM
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QUOTE(zuiko407 @ Mar 21 2013, 02:15 PM) I only spot this:- 11% is definitely significant. Just ask the people in Cyprus. “Households with incomes less than RM3000 (a month) and below are increasingly over-leveraging, borrowing not for assets like houses or cars, but taking up personal loans." and this:- "Speaking after presenting BNM’s annual report at its headquarters in Kuala Lumpur, she said that lower income households only make up 11 percent of the portfolios of commercial banks." |
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Mar 26 2013, 09:21 AM
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QUOTE(AppreciativeMan @ Mar 25 2013, 02:52 PM) Correct me if I'm wrong on the following calculation.... 140% is way too high.140% Debts/Disposable Household Income If Mr Z debt amt 300,000 Disposable Income = 300,000/1.4 = 214,285 (Annual income after Tax) Mr Z monthly income = 214,285/12 = 17,857 (after tax) 300,000 monthly payment est 1,500, I'll round off to 2,000 Mr Z income for other expenses after debt payment monthly = 17,857 - 2,000 = 15,857 I'm not into economic study or whatsoever, jus wonder anything wrong on my calculation? And this does not included or concern on assets value too right? If the asset value 1,000,000 now? Have a look here. The debt service ratio is very high at 47.8% in 2010. |
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Mar 29 2013, 08:44 AM
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» Click to show Spoiler - click again to hide... « Thanks. Outstanding loan chart does not look pretty. Any clue if there is one available with a longer timeline? |
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Mar 30 2013, 04:34 PM
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QUOTE(White Skin Treasures @ Mar 29 2013, 02:18 PM) Can I ask a stupid question? Hypothetically - what if the crash really happens, and market value slump by 30%, Down camp reporting.- What the rich with holding power will do? - What will the middle income fully leveraged will do? - What will the down camp will do - for middle income group with average savings? - Life goes on for the poor? Wait for election. If PR wins will identify what would be a good place to live. Should be near to future school and near to work. Then if market slumps start to offer what I think it's worth until somebody accepts. Lastly sell my own home at reasonable price. |
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Mar 30 2013, 07:42 PM
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Apr 4 2013, 11:03 AM
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QUOTE(AMINT @ Apr 3 2013, 08:57 PM) Guys, a boss of mine said if opposition wins, property investment will collapse. Agree? I dont coz i think the market drives it. Government has a bit influence but mainly market Some things are more important than property prices. I have no clue about what the short term effect would be. Long term PR winning should be better for Malaysia and thus for property prices. |
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