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 V11 - Property Prices Discussion, Intelligent debates only pls

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AMINT
post Jun 4 2013, 01:45 PM

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Arent you DDD guys tired of saying property prices will go down but IT HAS NOT GONE DOWN SINCE I DUNNO... 2008? I have been monitoring this thread since 2011. after year 2011 ended, property prices have not gone down. ok now is 2012 and DDD keep saying property prices will go down. after year 2012 ended, property prices still have not gone down. ok now is 2013 and DDD keep saying property prices will go down. WTF ler.huhuhu. Like dat every year keep saying the same thing but it didnt happen. What happened was this: PROPERTY PRICES GONE UP.

I am glad to state a few props here FROM DEVELOPERS (not subsales) have gone up. These are not recently launch phases but the exact ones launched before and price was increased:

1) nadayu 92
2) elements@ampang
3) tropicana metropark


How about you DDD guys? Show me la at least 3 props from developers that have gone down in price.

I am just stating the facts here. If I believe that propert price will go down, I will say it out loud. But from current scenario, I seriously dont see how that could be the case

This post has been edited by AMINT: Jun 4 2013, 01:54 PM
takeshi99
post Jun 4 2013, 01:57 PM

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QUOTE(AMINT @ Jun 4 2013, 01:45 PM)
Arent you DDD guys tired of saying property prices will go down but IT HAS NOT GONE DOWN SINCE I DUNNO... 2008? I have been monitoring this thread since 2011. after year 2011 ended, property prices have not gone down. ok now is 2012 and DDD keep saying property prices will go down. after year 2012 ended, property prices still have not gone down. ok now is 2013 and DDD keep saying property prices will go down. WTF ler.huhuhu. Like dat every year keep saying the same thing but it didnt happen. What happened was this: PROPERTY PRICES GONE UP.

I am glad to state a few props here FROM DEVELOPERS (not subsales) have gone up. These are not recently launch phases but the exact ones launched before and price was increased:

1) nadayu 92
2) elements@ampang
3) tropicana metropark
How about you DDD guys? Show me la at least 3 props from developers that have gone down in price.

I am just stating the facts here. If I believe that propert price will go down, I will say it out loud. But from current scenario, I seriously dont see how that could be the case
*
LOL BRO.. I know how u feel.. my dad too told bubble will burst in 2008.. wait son.. then 2010..same advice wait son.. now..dad THE BUBBLE DIDNT BURST LEH!!!!
takeshi99
post Jun 4 2013, 02:00 PM

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we have to understand msia economy are spesel one. whatever go up will not go down UNLESS... u knw lah..
AMINT
post Jun 4 2013, 02:59 PM

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QUOTE(takeshi99 @ Jun 4 2013, 01:57 PM)
LOL BRO.. I know how u feel.. my dad too told bubble will burst in 2008.. wait son.. then 2010..same advice wait son.. now..dad THE BUBBLE DIDNT BURST LEH!!!!
*
Hehe. Thats why la. My bro last time said the same thing. Now joining me buying every year. tongue.gif anyway i didnt wanna put recent launches there. If i put recent launches, i think i can state a lot already on the new phases that increased in price as compared to older phases. I just put same phase but increased in price to state WHERE GOT PRICE DROP? Gila ka ape orang yang cakap price drop. Buta ka? Depan mata sudah ada bukti maaa
AppreciativeMan
post Jun 4 2013, 03:25 PM

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As far as I know after GE till now....... Contractors and developers that i know are moving forward, getting more busy...... Will the price drop?..... tongue.gif
SUStikaram
post Jun 4 2013, 04:48 PM

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QUOTE(AppreciativeMan @ Jun 4 2013, 04:25 PM)
As far as I know after GE till now....... Contractors and developers that i know are moving forward, getting more busy...... Will the price drop?..... tongue.gif
*
i gave another view to balance up

developer
1) more time/ busy to " promote" it.
2) spend more money on marketing
3) offer better this and that dibs la, discount la .....
4) more dirty ways
5) need to launch more faster eg using option sales. Even before VP obtain

etc

etc.
AMINT
post Jun 4 2013, 05:10 PM

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QUOTE(tikaram @ Jun 4 2013, 04:48 PM)
i gave another view to balance up

developer
1) more time/ busy to " promote"  it.
2) spend more money on marketing
3) offer better this and that dibs la, discount la .....
4) more dirty ways
5) need to launch more faster eg using option sales. Even before VP obtain

etc

etc.
*
Talk3 but no isi. Give examples la which properties prices already gone down.
SUStikaram
post Jun 4 2013, 05:16 PM

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this one lagoon suites some one pay a bit cheaper la.

another project sime darby got people comment new launching is cheaper than old launching la. --->

https://forum.lowyat.net/index.php?showtopi...2&hl=denai+alam

Just 2 example one is sub-sales and one new launch -

sharing is caring tongue.gif



This post has been edited by tikaram: Jun 4 2013, 05:20 PM


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AMINT
post Jun 4 2013, 05:19 PM

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QUOTE(tikaram @ Jun 4 2013, 05:16 PM)
this one some one pay a bit cheaper la.
*
This one subsales. Must obtain from developer.which developer drop the price...
kh8668
post Jun 4 2013, 05:20 PM

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QUOTE(tikaram @ Jun 4 2013, 05:16 PM)
this one some one pay a bit cheaper la.
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actually the asking is still high. just the valuation is low.

sometimes there got another arrangement between actual purchaser price versus SPA price. tongue.gif
SUStikaram
post Jun 4 2013, 05:22 PM

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QUOTE(kh8668 @ Jun 4 2013, 06:20 PM)
actually the asking is still high. just the valuation is low.

sometimes there got another arrangement between actual purchaser price versus SPA price.  tongue.gif
*
oh.....

very good...

something price is higher actually also got arrangement with buyer to push up purchase price so that no need to pay any downpayment and can get money form bank to finance renovation too. tongue.gif
SUStikaram
post Jun 4 2013, 05:23 PM

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QUOTE(tikaram @ Jun 4 2013, 06:22 PM)
oh.....

very good...

something price is higher actually also got arrangement with buyer to push up purchase price so that no need to pay any downpayment and can get money form bank to finance renovation too. tongue.gif
*
sharing is caring ya icon_rolleyes.gif
kh8668
post Jun 4 2013, 05:32 PM

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new 1 tongue.gif


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SUStikaram
post Jun 4 2013, 05:35 PM

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QUOTE(kh8668 @ Jun 4 2013, 06:32 PM)
new 1 tongue.gif
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the one paying 390k still untung 10k compare 400k

the remaining as quote above : " something price is higher actually also got arrangement with buyer to push up purchase price so that no need to pay any downpayment and can get money form bank to finance renovation too". tongue.gif



This post has been edited by tikaram: Jun 4 2013, 05:37 PM
kh8668
post Jun 4 2013, 05:40 PM

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QUOTE(tikaram @ Jun 4 2013, 05:35 PM)
the one paying 390k still untung 10k compare 400k

the remaining as quote above : " something price is higher actually also got arrangement with buyer to push up purchase price so that no need to pay any downpayment and can get money form bank to finance renovation too". tongue.gif
*
as long as there are many the same range price, do not worry much then. tongue.gif
SUStikaram
post Jun 4 2013, 05:44 PM

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QUOTE(kh8668 @ Jun 4 2013, 06:40 PM)
as long as there are many the same range price, do not worry much then.  tongue.gif
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it only need 1% increase in BLR to create fire sales with so many vacant units. tongue.gif
kh8668
post Jun 4 2013, 05:46 PM

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QUOTE(tikaram @ Jun 4 2013, 05:44 PM)
it only need 1% increase in BLR  to create fire sales with so many vacant units. tongue.gif
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time will tell truth! tongue.gif
AMINT
post Jun 4 2013, 06:01 PM

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QUOTE(tikaram @ Jun 4 2013, 05:44 PM)
it only need 1% increase in BLR  to create fire sales with so many vacant units. tongue.gif
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At current economic status, it wont happen like that ler. Come on. Dont simply say.
Nikmon
post Jun 4 2013, 07:05 PM

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Five stone for auction, this must be a joke.

http://www.iproperty.com.my/propertylistin...ominium_ForSale

Long time don't post...cause the price so stuborn.. tongue.gif

This post has been edited by Nikmon: Jun 4 2013, 07:05 PM
AppreciativeMan
post Jun 4 2013, 07:29 PM

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QUOTE(tikaram @ Jun 4 2013, 04:48 PM)
i gave another view to balance up

developer
1) more time/ busy to " promote"  it.
2) spend more money on marketing
3) offer better this and that dibs la, discount la .....
4) more dirty ways
5) need to launch more faster eg using option sales. Even before VP obtain

etc

etc.
*
Since u speak more politely I'll reply......
What is there to balance?
What's most important is end result.....
Regardless developer is busy promoting, marketing, offer better discount or whatever, if the end result is project sellable......U think price will still drop?
Jus ask yourself, a DDD also buying (well, regardless it's selective or not, it's still a demand in market) what else will a NNN (Neutral) and UUU do?
Oversupply? Maybe yes, but so what?
Once again I repeat..... I'm not a supporter of UUU, but I'm a realistic person, I'm more of NNN. I never deny price is high, but nobody can guarantee price will drop (unless u regard slows drop).... Not to mention how much it can drop.... What if its from now, 600psf, it went up another 20%, which equivalent to 720psf.... Then it starts to drop.... But drop how much? 5%? 10%? 15%? 20%? How sure? If it drop only 15%, u may be correct it dropped, but u still need to buy higher price....


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