__________________________________________________________________________________
Jadehills - Developed by Gamuda, Can anyone provide some insights?

tikaram Posted May 15 2013, 10:38 AMPost #541

QUOTE(rongfu @ May 6 2013, 01:57
PM)change to : 1) Gita Bayu 
2) Jade Hills
3) Country Height

MRT could be very near here also. I think I will keep and not selling my unit.

https://forum.lowyat.net/topic/2812459
___________________________________________________________________________________

https://forum.lowyat.net/topic/1647237/+540

___________________________________________________________________________________
Again, tikaram oh tikaram...are you so stupid not to sell and keep your unit if you know market is going down? Your Jadehills developer never do the followings:

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




This post has been edited by worgen: Jun 4 2013, 09:26 PM

1 of these days the price sure will go down. Just a matter of time. So, the DDD camp will be right one day.

Cannot be denied, the 2013 property prices is not as hot as before. Investors are more cautious. Banks are also more cautious by rejecting more loan applications. But the prices are still either up up up, or maintain very steady. As long as investors has stable employment, they can service their loan and has continued holding power

The only way malaysia property market will collapse is the world economy take a hard beating. And the effect spreads to malaysian economy. The last property slump in Malaysia is because of the Asia currency crisis in 1997/8. That time many companies were affected, and many properties went to auction. So to see a property market collapse now, you will have to have economies of China down, Europe down, USA down, Asia down. Then malaysian economy will be affected badly, and companies start to retrench, landlord hard to find tenant, foreign investors put up fire sale, and eventually property market will collapse

But world economy doesn't look that way now. Although export in all countries are softening, but it doesn't look catastrophic. The property price does not seem to be falling in 2013. But nowadays everything is very fluid, so it may look very different in 6 months time.

This opinion is not grounded in any sort of reality. You think Malaysia is a Japan? Bolehland is a small fish dude.

Malaysia can easily crash despite some of the other larger economies not being affected, or at most suffering only a small blip. Shouldn't even compare with 1997 Asian crisis - at the time the debt was much less, and Mahadey used all our EPF money to bail out the troubled companies. This time though, all the money in EPF two times over isn't even enough to bail out Syed Mohktar nevermind other cronies.

Look at Spain. Look at Greece. Look at Vietnam.

Greece and Spain economy is in the toilet, but Germany is still going strong. England is recovering. US and China are still okay. Doesn't your theory say that all the big nations must be in trouble before the small nations get hurt?

Closer to home, Vietnamese real estate market just crashed 20% last year. Eh, how come? No effect to Malaysia one? USA didn't go bankrupt as well?

Interconnection is not always as it seems, you need to look at debt to gdp ratio. And Malaysian debt - household, government and corporate, is very very high.

Prices has gone down from subsales right? Or are you still denying it?

Why look at developers? They have strong holding power. Stronger than you, anyway, since they have a fat profit margin.

By the time developers start reducing price from launch price - you will be in too much deep sh1t to worry, as a speculator.

Eventually it will come down but the question is when? How much patience you have and how much bullets you have when it collapse. To me is like catching the big fish after waited the whole night. It might not be this nioght but for sure one night will come for you to catch the big fish. You can be instant millionaire when you enter at the right time!

well i am.not denying bro. Dunno why all my props keep increasing in price while DDD camp keep saying price went down. Dunno if i am just lucky or really price hasnt dropped.

Just tat some r not so lucky. Well done bro. If u think u can, u can. And u hav done it. Too bad for some believers in ddd.

Ya maybe la. I also didnt wanna point out subsale price earlier (even though mr.joeblows bashed me for doing so) because all the subsales i have all increased in price. So i just quoted the same units from developer also increased in price, apatah lagi for subsales for good props. I think the difference here is good props vs bad props. Bad aka tahi props of course dont have good demand. Good props do. I am getting irritated by agents who keep calling me to sell some of my props and i can tell u the price that they r offering keep increasing month after month.

nolah, not you are denying, it's just that people dont even give a damn about why all "your props" keep increasing....not to mention they are jealous. they just dont have all the time in the world to keep replying bullshit things to announce to the world on what they have. usually a person who do such things, they tend to have nothing but due to feeling insecure, they have to create stories to show to people they have tonnes of properties...

poor you, "irritated" by "agents" calling you. you sure those agents didnt call you for any "service" ? coz some people they have mental problem, they want to believe what they want to believe, so when people speak to them on the phone, they also believe what they want to believe what that person is speaking...

no choice lah, some people are born this way...

ya true, agents keep increasing price, but in actual fact, nobody want to buy...sometimes they agents have to do some drama a bit to push up the price, when in actual fact, majority dont even bothered to buy....that's why you notice some of them are so free keep posting BS things in lowyat...i mean that is also a way to lead their lived la, but it's really wasted.

This post has been edited by Dern: Jun 5 2013, 01:14 AM

Well up to u on what to believe as i cant force u. The agents that called me have ready buyers. But i wasnt interested coz i know the value of good props can go even higher.

I have laid down very clearly the condition on how Malaysian property market will crash.

Don't just counter my points lah. Criticize people is always easy. You need also give opinion --> Can you also lay down clearly how in your opinion Malaysian property market will crash ? You guys have been talking about crashing, but until today nothing happen

So, my opinion is still "right until proven wrong". Whereas your opinion is still "wrong until proven right"

+1, there is a cycle for all investment. And yes I will be expecting BNM to do something soon...

AMINT, understand your concern but location are the key too. Perhaps your property location is good? Somemore the buyer still have to go through bank valuation and approval. Some of the agent highlight to me that there are not much of loan get through...so their bowl are empty most of the time even they find the deal.

Who is bashing you my friend? I don't bash people.

All I'm saying is your experience is out of touch with 90% of the market. Even UUUUU camp can admit now market is very slow, especially subsales, yet you still claim got agents calling you for sales night and day.

Ok, who am I to argue.

Already stated how many times already?

Interest rates rise (may happen), drying up of subsales market burying speculators(already happening), falling rental yields scaring away buy and hold investors (already happened) and bank tightening credit due to worries on prop (happening as we speak).

Put all these things together, and you have recipe for a bubble burst.

So which of these 4 things are completely not happening in your opinion?

What are the subsales which increased in transacted price?
What is the difference between transacted price and asking price?

The ones that increased in price for subsales: ayu series (setia alam) and nadayu 92. Those are based on transacted price, not asking price. Asking price is the price that the sellers are asking for while the transacted price is the price that the buyers have agreed upon. The developments i quoted were based on the props i bought and not from someone else

i 2nd that. go genting big/small table. buy small for 20 times in a roll, sure kena at least once kua. but i'd seen 24 times in a roll before switching also. kekeke.



boss, i agree our debt is insanely high. as soon as pru13 was over, it sh!ts me to know that our big man is pushing for a RM1trillion transformation plan!
while our debt is high, do you have any idea where the funds are coming from? internal or external.
if it's external, surely the big boys out there would need some sort of collateral as well, right?
else if bolehland go bust, how would they recover their $$$. any ideas boss?


i agree some props have come down in terms of pricing from the 2011 Q4/ 2012 Q1 peak. but there are also various subsales pricing which is still continuing their uptrend.
think the key would be good versus mediocre prop.

right timing is soooooooooooooo crucial. while prices may come down, the big question is would it be down enough to compensate the purchaser of the time they intended to buy in the first place. this usually only benefit short term and not long term, right?

i do believe what you're holding could potentially be high in demand props. one of my props which has VP'ed more than 10 years ago is regenerating multiple enquiries. when the agents called me as well, i questioned them why are they calling me for an old prop. they told me it's because of market demand. but this applies to only selected props lah. not all. so for agents to bugger you, that must mean you hit all good props in your portfolio. OR all your props have recently VP'ed perhaps?

believe it or not boss, i was hoping and hoping BLR rises. not just 1% but 2%!!! kekeke. i built in my reserves but it didn't happen.
but due to sensitivity issues, might i add on, in the event BLR increases, who would be the likely parties that is going to be the most affected?
i mean in broader picture in terms of demographics and ...r*c*s. would it be because of this, the gomen would hesitate to make this difficult decision?
to me, it's a bit similiar to petrol subsidy decision. tough choices.

Thanks.
I meant to ask if the asking price for those developments is higher or lower now than the latest transaction price you have.