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 V11 - Property Prices Discussion, Intelligent debates only pls

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icemanfx
post Jul 2 2013, 06:32 AM

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QUOTE(AmayaBumibuyer @ Jul 1 2013, 07:40 PM)
Excuse me. this is real life experience based on real life events. If you want to make sweeping statements like that then..

Another DDD camper who just can't accept that he has missed the boat and fantasized about catching the boat.

"All prices are goin up and not just properties"

Go and see for yourself la the salary of people working in banks. You think i just say for the sake of saying? And bank get huge bonuses. People in Bnk Citizen (translate to English) average bonus can be in the range of more than 5 mnths. I know. This is not a fantasy.
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Anyone who joined early stage of bull run made profit (e.g. gold), doesn't mean those who joined later's profit is guaranteed. Very often, those who profited early will pour back their capital and profit back to make more. Until the end of bull run or out of bull run earlier, no one in the bull run can certain will retain his profit and capital at the end.

This post has been edited by icemanfx: Jul 2 2013, 06:44 AM
EddyLB
post Jul 2 2013, 07:58 AM

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QUOTE(icemanfx @ Jul 2 2013, 06:32 AM)
Anyone who joined early stage of bull run made profit (e.g. gold), doesn't mean those who joined later's profit is guaranteed. Very often, those who profited early will pour back their capital and profit back to make more. Until the end of bull run or out of bull run earlier, no one in the bull run can certain will retain his profit and capital at the end.
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Bro cheer up ! You are the most negative person in the whole forum ! No wonder AVFAN says you are Dr Gloom of LYN. To you, even people who make profit, you feel that eventually their profit will turn into loss

No offence, but I can't imagine if I were to have such friends with such huge negative energy. I don't want to be close to you. At least rooney, tikaram, jblow etc their tone is still positive and energetic on other stuff

Bro, the sky above your head always got dark cloud ? Is there anything good in your life ?

firee818
post Jul 2 2013, 08:11 AM

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QUOTE(AmayaBumibuyer @ Jul 1 2013, 05:14 PM)
Hmm...this is my first post in this forum and I am using the same nick as the in the other forum.

3 years ago I bought a new under constructed apartment around 920 sq ft at 400k. My frens laugh at me and make jokes and said that I kena conned by the developer. I told them, this is the normal standard price in KL, if I dont buy now then when? So I ignore them but I know secretly they wanted me to fail meaning waiting for the price to crash. I was very upset with these people actually. Yes DDD people are annoying not just in the cyberworld but in the real world too.

Now that apartment is worth more than 600k. If I listen to all these DDD people, I would hav shoot myself in the head!

Anyway. 6 months after that I bought another apartment at the same place with size 719 sq ft. At that point no early bird and the price increase by 20k. Why did I buy two? Because I was contemplating to buy a car but then cars in Malaysia are so exorbitantly doesnt  make sense pricewise to buy one then I thought instead of buying an apartemnt and a car why dont just buy 2 apartments? So I bought 2 apartements and it was the best decision I Have ever made. The 720 sq ft is now worth 500k when I bought at 380k.

A few points to ponder.
1. There are many malaysians who will buy cars when cars are just soo overpriced. Nearly half the price of a house. But hey they keep on buying even though you are actually losing money when you buy a car coz cars depreciates. So what about property?
2. There are more malaysians declared bankrupt becuase of car loans and car loans are one of the most defaulted in Malaysia. But did that decrease the price of cars?
3. Which is more important in a Malaysians everyday life. Cars or a house for you to live in?
4. 10 years ago 1 kg sugar is about RM1. Now is RM2.50. So  with property it is going to stay static forever? Have you guys look at oil price? Dont compare with gold laa. Compare with price of oil. You need that oil to build property.
5. And wages in the Banking industry is increasing. Meaning if you are in the right industry, you will have enuff money to buy anything you want. The question is are you going to buy at the manage to "catch the boat" price or are you the sucker that bought at the "miss the boat" price. Check out fresh grad salary for Petronas. I heard it is a lot.

I dont have a car. I use public transport and I live in KL. But I am maybe one in a million here I guess. And i dont even own a motorbike. Too dangerous to drive a bike in Malaysia. Boycott the automobile industry in Malaysia so that they will listen and finally decrease the car price. But then I guess people rather boycott property buying.
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Good sharing. Thank you.
BTW, my personally opinion feel every family (esp. with kids) does need a car at least or you can choose to use bus or LRT during weekends family out dating...

SUStikaram
post Jul 2 2013, 08:24 AM

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QUOTE(icemanfx @ Jul 2 2013, 07:32 AM)
Anyone who joined early stage of bull run made profit (e.g. gold), doesn't mean those who joined later's profit is guaranteed. Very often, those who profited early will pour back their capital and profit back to make more. Until the end of bull run or out of bull run earlier, no one in the bull run can certain will retain his profit and capital at the end.
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Icemanfx posted are all very deep. even only have one or two line... I like it very much. notworthy.gif

I am explaining your note above...

Example:

Year jan 2008 bought house 250k --->Year Jan 2011 sold house 450k = Profit 150K
Year Jan 2011 upgrade to house 700k ------------> year Jan 2013 sold house 900k = Profit 150K
Year Feb 2013 upgrade to house 1.1 Mill ----------> Year July 2016 house only worth 2/3 = loss 366k

I can said now, So total money gone is more than 75k

AppreciativeMan
post Jul 2 2013, 08:36 AM

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LOL
'Small' man thinks alike?..... LOL
I'm having a great morning...... LOL
firee818
post Jul 2 2013, 08:37 AM

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QUOTE(hlily @ Jul 1 2013, 06:00 PM)
different ppl have different level of thinking
there is no right or wrong
some may c it wrong but some may enjoy what they decide right.
some may c it right but only wrong they never do it.
*
You remind me a story somewhat like this:-

A group of students asked a teacher, "What is human life?'
The teacher then asked the group of students to visit a orchard just nearby and asked each of them to pick one largest fruit from the orchard but they have to move in forward direction only.

Student A picked a large fruit and gave it to the teacher and said, "While I m going into the orchard, I see a large fruit at first, I thought it is the biggest fruit so i pick it, but as I go further, I see another bigger fruit, I regret to pick the one too earlier as it is not the largest..."

Student B picked another fruit and gave it to the teacher and said, "While I m going into the orchard, I see a large fruit at first. I thought it is not the largest fruit so I didn't pick it. As I go further, I realise that I have missed the opportunity to pick that fruit because it is the largest fruit that I have seen..."
SUStikaram
post Jul 2 2013, 08:38 AM

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QUOTE(EddyLB @ Jul 2 2013, 08:58 AM)
Bro cheer up ! You are the most negative person in the whole forum ! No wonder AVFAN says you are Dr Gloom of LYN. To you, even people who make profit, you feel that eventually their profit will turn into loss

No offence, but I can't imagine if I were to have such friends with such huge negative energy. I don't want to be close to you. At least rooney, tikaram, jblow etc their tone is still positive and energetic on other stuff 

Bro, the sky above your head always got dark cloud ? Is there anything good in your life ?
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pls put me under same group with icemanfx ya.

i like icemanfx post very much.


SUStikaram
post Jul 2 2013, 08:39 AM

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QUOTE(AppreciativeMan @ Jul 2 2013, 09:36 AM)
LOL
'Small' man thinks alike?..... LOL
I'm having a great morning...... LOL
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ok. all DDD are small man and all UUU are big man. rclxms.gif rclxms.gif

pls think like this everyday...them u will have continue good morning. tongue.gif

This post has been edited by tikaram: Jul 2 2013, 08:40 AM
cybermaster98
post Jul 2 2013, 08:47 AM

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What do you guys think of Tropicana Metropark? Currently Phase 1 is almost sold out. Total 5 Phases with final completion date in 2025. Prices on the high side for sure. Close to 500K for a small studio unit.
Rooney1985
post Jul 2 2013, 08:50 AM

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QUOTE(tikaram @ Jul 2 2013, 08:39 AM)
ok. all DDD are small man and all UUU are big man. rclxms.gif  rclxms.gif

pls think like this everyday...them u will have continue good morning. tongue.gif
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LoL!!!... thumbup.gif Totally agree!!! Sometimes very lazy to respond to certain brainless remarks... especially those that say prices will up up up but keeping cash under their pillow... ROFL!!!
AppreciativeMan
post Jul 2 2013, 08:50 AM

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QUOTE(firee818 @ Jul 2 2013, 08:37 AM)
You remind me a story somewhat like this:-

A group of students asked a teacher, "What is human life?'
The teacher then asked the group of students to visit a orchard just nearby and asked each of them to pick one largest fruit from the orchard but they have to move in forward direction only.

Student A picked a large fruit and gave it to the teacher and said, "While I m going into the orchard, I see a large fruit at first, I thought it is the biggest fruit so i pick it, but as I go further, I see another bigger fruit, I regret to pick the one too earlier as it is not the largest..."

Student B picked another fruit and gave it to the teacher and said, "While I m going into the orchard, I see a large fruit at first. I thought it is not the largest fruit so I didn't pick it. As I go further, I realise that I have missed the opportunity to pick that fruit because it is the largest fruit that I have seen..."
*
I do hav one where many could hav read before too.....
I'll summarize it in my own words.....
A shoe manufacturer boss asked 2 sales person to do a survey in a 3rd world country....
N salesman came back telling the boss, "Boss, ppl there dont wear shoe! There is no market in this country!"
And P salesman came back telling the boss, "Boss, ppl there dont wear shoe! That is a GOLDEN OPPORTUNITY!"

This post has been edited by AppreciativeMan: Jul 2 2013, 08:52 AM
AMINT
post Jul 2 2013, 08:55 AM

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QUOTE(AppreciativeMan @ Jul 2 2013, 08:50 AM)
I do hav one where many could hav read before too.....
I'll summarize it in my own words.....
A shoe manufacturer boss asked 2 sales person to do a survey in a 3rd world country....
N salesman came back telling the boss, "Boss, ppl there dont wear shoe! There is no market in this country!"
And P salesman came back telling the boss, "Boss, ppl there dont wear shoe! That is a GOLDEN OPPORTUNITY!"
*
Good analogy
Rooney1985
post Jul 2 2013, 08:55 AM

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QUOTE(cybermaster98 @ Jul 2 2013, 08:47 AM)
What do you guys think of Tropicana Metropark? Currently Phase 1 is almost sold out. Total 5 Phases with final completion date in 2025. Prices on the high side for sure. Close to 500K for a small studio unit.
*
Based on lastest remarks and real life experience ... it should be a good buy because #1 prices will only go up... #2 got train service nearby (i.e. sure got plenty of people gonna rent). Someone also recommend buy 2... one for own stay and one for investment (flipping)... So what you waiting for? biggrin.gif
ManutdGiggs
post Jul 2 2013, 08:56 AM

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QUOTE(AppreciativeMan @ Jul 2 2013, 08:50 AM)
I do hav one where many could hav read before too.....
I'll summarize it in my own words.....
A shoe manufacturer boss asked 2 sales person to do a survey in a 3rd world country....
N salesman came back telling the boss, "Boss, ppl there dont wear shoe! There is no market in this country!"
And P salesman came back telling the boss, "Boss, ppl there dont wear shoe! That is a GOLDEN OPPORTUNITY!"
*
Boss I heard of tat story in long version. I think u need to hav full version to make them understand lo. drool.gif
AppreciativeMan
post Jul 2 2013, 09:01 AM

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QUOTE(ManutdGiggs @ Jul 2 2013, 08:56 AM)
Boss I heard of tat story in long version. I think u need to hav full version to make them understand lo. drool.gif
*
No worries.... One or two short sentence they can interpret it very deep one..... LOL
SUStikaram
post Jul 2 2013, 09:07 AM

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QUOTE(cybermaster98 @ Jul 2 2013, 09:47 AM)
What do you guys think of Tropicana Metropark? Currently Phase 1 is almost sold out. Total 5 Phases with final completion date in 2025. Prices on the high side for sure. Close to 500K for a small studio unit.
*
1) greed
2) some are stupid like a sheep
3) some have too much money don't know how to spend it
4) some are listening to UUU camp ...."always up"

or

5) maybe they are the smart one. See things that I, the DDD camp don't see. But i wish them luck

No offence to buyer of TG...I am just small man sweat.gif ... icon_rolleyes.gif
cybermaster98
post Jul 2 2013, 09:20 AM

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QUOTE(tikaram @ Jul 2 2013, 09:07 AM)
1) greed
2) some are stupid like a sheep
3) some have too much money don't know how to spend it
4) some are listening to UUU camp ...."always up"

or

5) maybe they are the smart one. See things that I, the DDD camp don't see.  But i wish them luck

No offence to buyer of TG...I am just small man sweat.gif  ... icon_rolleyes.gif
First of all this is Tropicana Metropark not Tropicana Gardens. Secondly, i posted the question expecting logical and informative responses so kindly leave the sarcasm out of this discussion. Such remarks only serve to turn this thread into a 5th grade child's playground. This thread has been put into cold storage a few times already so lets all be a bit more mature in our remarks.
zuiko407
post Jul 2 2013, 09:26 AM

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QUOTE(tikaram @ Jul 2 2013, 08:24 AM)
Icemanfx posted are all very deep.  even only have one or two line... I like it very much.  notworthy.gif

I am explaining your note above...

Example:

Year jan 2008 bought house 250k --->Year Jan 2011 sold house 450k                                  = Profit 150K
Year  Jan 2011 upgrade to house 700k  ------------> year Jan 2013 sold house 900k              = Profit  150K
Year Feb 2013 upgrade to house 1.1 Mill  ----------> Year July 2016 house only worth 2/3    = loss  366k

I can said now, So total money gone is more than 75k
*
Can't believe you come out with this statement as you claim that have bought this and that, you should have more knowledge and experience for this kind of calculation
SUStikaram
post Jul 2 2013, 09:27 AM

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QUOTE(cybermaster98 @ Jul 2 2013, 10:20 AM)
First of all this is Tropicana Metropark not Tropicana Gardens. Secondly, i posted the question expecting logical and informative responses so kindly leave the sarcasm out of this discussion. Such remarks only serve to turn this thread into a 5th grade child's playground. This thread has been put into cold storage a few times already so lets all be a bit more mature in our remarks.
*
oh...it is typo errors... TG => TM

it is sarcasm in your opinion.... but it is not in my opinion...

fact or sarcasm?

1) & 2) check the economist.com how the greedy and the follow "sheep" under title "retionalising the rediculous"
3) this one i don't need to show u la

4) fact http://sg.finance.yahoo.com/news/property-...-151909308.html

5) this one ....can asked appreciateman...i am just small man.

SUStikaram
post Jul 2 2013, 09:36 AM

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QUOTE(AppreciativeMan @ Jul 2 2013, 01:21 AM)
Wah...... Buy every month, supply where got enough? Need more supply into market oh.....  laugh.gif  laugh.gif
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here the info.... many supply here total 2806 pages.... have low cost until high end...... supply maybe not enough if you share out to others. so, keep within yourself.

http://www.iproperty.com.my/property/searc...wv=&wa=&pg=2806

u hutang me one teh tarik ya. tongue.gif

This post has been edited by tikaram: Jul 2 2013, 09:37 AM

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