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 Your prediction on Malaysian property, Latest survey 18.Mar.13

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Nikmon
post Mar 18 2013, 05:27 PM

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QUOTE(UFO-ET @ Mar 18 2013, 05:01 PM)
I was a banker before, how a banker perceive thing is different from normal people, like accountant, their mindset is very much influenced by their job nature, their day in & day out dealing with insolvency, reprocess, auction, defaults in payments, blacklisted and bankruptcy cases, you will tend to hv pessimistic thinking.
I was in-charge of hire purchase and housing loan matters back 17 yrs ago (local bank), almost every month we will hv auction and reprocess cases (car / property), the auction list is full of unwanted property, keep repeating every mth, this will influence our (banker) logic thinking.
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But those people are the first pp have the hard data to tell wen bank will increase rate.

Bank base on hard data and evaluate the risk, those data are taken from the ground, banker..

This post has been edited by Nikmon: Mar 18 2013, 05:29 PM
Nikmon
post Mar 18 2013, 11:27 PM

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QUOTE(kh8668 @ Mar 18 2013, 10:44 PM)
If the market down,
No more new launches.

All are just clearing stocks.

And one thing I am very sure. New launch
Price will not drop.

Coz prima house also marketing themselves lower than market value by 20% wink.gif

Hopefully they will be provided good materials and not so called cut cost. Then the contractors will definitely cut more things for them.
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No new launch during market down, those property company fly kite lo..haha rclxms.gif
Nikmon
post Mar 19 2013, 11:46 AM

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QUOTE(hazairi @ Mar 19 2013, 11:42 AM)
wow, 70% vote for positive property outlook!
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This shows that majority think property price only heading one direction. up Up Up. rclxms.gif rclxms.gif rclxms.gif
Nikmon
post Mar 19 2013, 01:45 PM

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QUOTE(puchongite @ Mar 19 2013, 11:52 AM)
Maybe we should start a poll:

How many % of the working hours of property agents are spent on participating online property polls ?
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The market will only crash wen pp are too optimistic.. biggrin.gif if majority expecting it will crash, than it will not happen.
Nikmon
post Mar 21 2013, 12:29 AM

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QUOTE(sishouse2 @ Mar 20 2013, 11:56 PM)
even if property price crash but nobody selling or u got no money to buy also 5 3 5 4
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Price won't crash if nobody selling cheap or buying cheape, it is just stagnant.

Price will crash if everybody selling cheap and buy cheaper, this is PoP.

 

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