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 V11 - Property Prices Discussion, Intelligent debates only pls

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cherroy
post Jun 29 2013, 10:40 AM

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A little bit OT never mind, but this is a property topic, not gold.
We have specific gold topic, please post at there. Ty.
M3aty
post Jun 29 2013, 11:29 AM

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Do you think the prices of the houses in Malaysia will go down?

TSkochin
post Jun 29 2013, 11:35 AM

I just hope I do!
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QUOTE(M3aty @ Jun 29 2013, 11:29 AM)
Do you think the prices of the houses in Malaysia will go down?
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definitely!
but the bigger question is when? and how much?
learn2earn8
post Jun 29 2013, 11:38 AM

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since v1 ah kiew until v11, wat do u think?
all the previous ddd sifu dissapear from the forum one by one laugh.gif
the 1997 serious financial crisis not much impact on prop prices
all those waiting to buy is gonna wait a long time yawn.gif do note tt props is not share market

AppreciativeMan
post Jun 29 2013, 11:40 AM

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QUOTE(learn2earn8 @ Jun 29 2013, 11:38 AM)
since v1 ah kiew until v11, wat do u think?
all the previous ddd sifu dissapear from the forum one by one  laugh.gif
the 1997 serious financial crisis not much impact on prop prices
all those waiting to buy is gonna wait a long time  yawn.gif  do note tt props is not share market
*
They may not hav disappear..... Jus register a new acc can already.... tongue.gif
AppreciativeMan
post Jun 29 2013, 11:43 AM

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QUOTE(wwwcomment @ Jun 28 2013, 12:22 AM)
I think iceman's statement meant the same as yours.
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My apology..... I think u r right!
Conclusion, excessive liquor damage brain function..... tongue.gif
learn2earn8
post Jun 29 2013, 11:48 AM

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icic, any idea what the debtismoney new acc? last time I and him had a great never ending debate on gold flex.gif
those fellows at gold forum needs guidance. I believe I m not at their side shakehead.gif calling for debtismoney

QUOTE(AppreciativeMan @ Jun 29 2013, 11:40 AM)
They may not hav disappear..... Jus register a new acc can already....  tongue.gif
*
AppreciativeMan
post Jun 29 2013, 11:57 AM

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QUOTE(learn2earn8 @ Jun 29 2013, 11:48 AM)
icic, any idea what the debtismoney new acc? last time I and him had a great never ending debate on gold flex.gif
those fellows at gold forum needs guidance. I believe I m not at their side  shakehead.gif calling for debtismoney
*
Errrrr..... Tat I really can't help u...... However, u may prompt the thread to be close in a day again..... laugh.gif laugh.gif laugh.gif
learn2earn8
post Jun 29 2013, 12:00 PM

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my tat is bad, this thread feels like driving on a highway with toll booth every 1km, mus be due to post ge13 effect biggrin.gif

QUOTE(AppreciativeMan @ Jun 29 2013, 11:57 AM)
Errrrr..... Tat I really can't help u...... However, u may prompt the thread to be close in a day again.....  laugh.gif  laugh.gif  laugh.gif
*
learn2earn8
post Jun 29 2013, 12:05 PM

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great picture & I no idea whether gold at bottom or not and its not part of my portfolio for investment wink.gif
at least I know who the faceless momo r selling too laugh.gif wonder who wil win the fight
the public or the institutional investor. if anyone read lots of self help books. they sure support the public doh.gif

http://www.resourceinvestor.com/2013/06/28...hettimonster=hp

Institutional investors and traders are liquidating their gold positions for month-end and quarter-end window-dressing. The gold prices have also followed the break-even inflation rate of the 10-year TIPs lower. The holdings in the largest gold ETF, GLD, is now below 1,000 metric tons, back to the level in early 2009. Continuous selling by the ETF investors and the large speculators has led to an oversold position in gold

http://www.ft.com/cms/s/0/43a1090a-bf00-11...l#axzz2XZgv7r5p


Institutional investors have been consistent sellers of ETFs since late last year, and net outflows from the sector totalled 177 tonnes in the first quarter, according to the World Gold Council, the lobby group for gold miners. Gold demand totalled 963 tonnes, down 13 per cent in the first three months of the year, compared with the same time last year, said the council.


QUOTE(tikaram @ Jun 28 2013, 09:41 AM)
worst...

we have senior member here start taking about fruits.... not gold, share & property. tongue.gif

& the senior member start talk about people again.... and cherry will start closing it.  rclxms.gif
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cherroy@  For those not related to property, and intend to talk about the person, please use your PM to post directly to the person.
Others are not interested to know.Here talk about the property, not the person.Ty.

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& the photos below showing how many people rush to buy gold in china...... and in malaysia the uob bank officer told me more and more uncle and aunties buying gold now compare one month ago..... this morning 35 person/number in front of me.
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This post has been edited by learn2earn8: Jun 29 2013, 12:06 PM
AVFAN
post Jun 29 2013, 12:06 PM

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guys n girls, pls listen to cherroy and show him we r capable of courtesy and social etiquette.

if u relentless pick on people, do person attacks while having nothing useful on prop to say, better cherroy lock this thread for good.
mellomm
post Jun 29 2013, 12:07 PM

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Cant go up already. Too much supply. Go down may be. But no pressure to sell yet. So decide . No right or wrong. Like casino bet red or black. But at least u not likely to loose much unless u borrow heavy. Lol
TSkochin
post Jun 29 2013, 12:09 PM

I just hope I do!
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cherroy boss, gold prices and property prices do have some common points lah.
so if we discuss gold prices here, think it's fair but just need to remind ourselves not to get too carried away about gold discussions.
after all, both are perceived as main tools to hedge against inflation, right?

AppreciativeMan
post Jun 29 2013, 12:12 PM

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QUOTE(mellomm @ Jun 29 2013, 12:07 PM)
Cant go up already. Too much supply. Go down may be. But no pressure to sell yet. So decide . No right or wrong. Like casino bet red or black. But at least u not likely to loose much unless u borrow heavy. Lol
*
It do looks like its going to be BLACK when u see 7 RED in a row..... However, the fact is that it can go 12 time RED in a row too..... Real life experience too (but in Banker/Player)! laugh.gif laugh.gif laugh.gif

This post has been edited by AppreciativeMan: Jun 29 2013, 12:13 PM
SUStikaram
post Jun 29 2013, 12:25 PM

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QUOTE(mellomm @ Jun 29 2013, 01:07 PM)
Cant go up already. Too much supply. Go down may be. But no pressure to sell yet. So decide . No right or wrong. Like casino bet red or black. But at least u not likely to loose much unless u borrow heavy. Lol
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but the information out there is not black or red casino wo.

more units empty
export drop
import up
mrt increase land supply
private consumption is depent on loan and cheap credit and will only go up further due to higher blr soon = consumer economy
GDP drop
private bus investment is mainly on services 72% and not manufacturing 25%
Govt spending will only rising due to more payroll , pension and more interest paid on borrowing/ sukuk
competitiveness going down
balance of trade getting worst
govt budget continue to be in deficits
public debt 456, private debts 988
ceiling of p debts to GDP is now 53% only 2% from cap of 55% = ok ok...we still can do TARP. laugh.gif

why so many expect economy here don't see it.?

it is more RED or BLACK for property?

U don't need to believe what I said... but, I believe knowledge make money ..... brows.gif brows.gif



mellomm
post Jun 29 2013, 12:50 PM

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True. Price can go down thats for sure. But thats require owners to sell big time. Only the sellers can tell . Mb the answer is when. But if one can hang on ok . Only high debt problem. That is the black or red. No one knows. Ur next roll........ very exciting. Lol.

cherroy
post Jun 29 2013, 12:57 PM

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QUOTE(kochin @ Jun 29 2013, 12:09 PM)
cherroy boss, gold prices and property prices do have some common points lah.
so if we discuss gold prices here, think it's fair but just need to remind ourselves not to get too carried away about gold discussions.
after all, both are perceived as main tools to hedge against inflation, right?
*
That's why I mentioned a little bit OT is ok, but not until focus on gold itself only, without any relevant to property issue.

There is existing gold topic if interested in gold investment discussion.

This post has been edited by cherroy: Jun 29 2013, 12:58 PM
SUSYam Seng
post Jun 29 2013, 03:28 PM

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From my little observation of the market I think there is a mixture of BBB and DDD.

BBB - There is an uptrend for landed property in Klang Valley. This BBB trend is somehow continuing. Besides landed props, people are also BBB good apartments and condos in PJ. People are willing to borrow from their families to buy such a house.

DDD- I am begining to notice a little downtrend in apartments in Klang, some far places in Puchong as well as Kajang.

Just a little observation on my side.
debbieyss
post Jun 29 2013, 03:31 PM

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Sometimes we have to be flexible. Takkan we discuss sth relevant to gold and when the chat go deeper into gold, we ask everyone go to Gold Thread, right.
mellomm
post Jun 29 2013, 04:05 PM

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Gold buy wen u have no confidence in short term. Long term landed.

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