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 V11 - Property Prices Discussion, Intelligent debates only pls

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ManutdGiggs
post Jun 18 2013, 08:09 AM

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QUOTE(icemanfx @ Jun 18 2013, 07:59 AM)
Did I said all?
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No worries. Just discussion. No need to b too defensive. Soli if u r offended by some facts.


ManutdGiggs
post Jun 18 2013, 08:26 AM

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QUOTE(firee818 @ Jun 18 2013, 08:18 AM)
Are u sure?
Boss Tikaram, pls confirm?
14 bijis x RM 400K = RM 5,600,000-00 book value...
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+2.5 mil in bank. Pls dun quote him too many time. Bolehland security is in red now. Hehe.

ManutdGiggs
post Jun 18 2013, 09:25 AM

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QUOTE(AppreciativeMan @ Jun 18 2013, 09:09 AM)
I'm seeing new nickname writing and speaking style alike to some others.... So I think some old nickname going to disappear at least for a while soon.....  tongue.gif  tongue.gif
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Precisely. I'm oso observing some similarity in the writing style and pls do take note some reply to those new nicks. Hehe.

This post has been edited by ManutdGiggs: Jun 18 2013, 09:27 AM
ManutdGiggs
post Jun 18 2013, 09:26 AM

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QUOTE(cybermaster98 @ Jun 18 2013, 09:13 AM)
Has anybody heard of the development called Eight Sentral in Brickfields by MRCB?
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https://forum.lowyat.net/topic/2850221/all
ManutdGiggs
post Jun 18 2013, 12:13 PM

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QUOTE(firee818 @ Jun 18 2013, 11:55 AM)
I feel that housing loan interest rate is gonna to rise in foreseeable future due to the fact that US is going to tighten QE3.

BLR may stay at the current level i.e. 6.6%, but the discount in interest (i.e. -2.4%/2.3%) may be smaller. That is, it may back to BLR-1.8% as in Year 2010.
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Mind to share ur opinion on whether to buy b4 or after its tighten. No worries, just for sharing. Thanks
ManutdGiggs
post Jun 18 2013, 02:16 PM

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QUOTE(firee818 @ Jun 18 2013, 01:22 PM)
I will buy b/4 tightening but the price seem high now...
BTW, I just took up a loan in May 2013.
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Congrates to you boss. biggrin.gif

I hav the same tot as u. B4 the tightening. rclxms.gif
ManutdGiggs
post Jun 18 2013, 08:47 PM

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QUOTE(EddyLB @ Jun 18 2013, 03:35 PM)
Already been tighten now. My banker told me no more -2.5 for <1mil loan
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I just gotten 2 offers fr diff banks for 1 of my recent purchase at -2.5. rclxms.gif lucky me.

tongue.gif tongue.gif
ManutdGiggs
post Jun 18 2013, 08:48 PM

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QUOTE(Rooney1985 @ Jun 18 2013, 03:46 PM)
Actually, this is for those who are planning to buy to consider wisely and thoroughly before making a big commitment in their lives.
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This I agreed. biggrin.gif
ManutdGiggs
post Jun 18 2013, 08:51 PM

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QUOTE(Rooney1985 @ Jun 18 2013, 04:13 PM)
Maybe you can follow some gurus' advice here... go for those high-end properties with DIBs and low down-payment then get mother, father, brother, sister EPF all put together, then add in auntie and uncle as guarantor to secure loan... I'm sure chances of playing high end will be there... LMFAO!!!! Oh forgot, then 3-6 months before VP quickly flip (to the long queue of foreigners waiting to buy) for huge profit... Run this cycle 5 times and you're on your way. LOL!!! Btw, if miss one exit cycle, then say bye bye...  biggrin.gif
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Oh tis I dun agreed. shakehead.gif it's a big NO NO. sweat.gif
ManutdGiggs
post Jun 18 2013, 08:52 PM

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QUOTE(Rooney1985 @ Jun 18 2013, 05:01 PM)
WoW... you all are either very gullible or just pretending not to understand sarcasm...
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Great joke bro. How is Rooney future??? Staying or leaving. Very gan cheong la. brows.gif
ManutdGiggs
post Jun 19 2013, 10:07 AM

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QUOTE(AMINT @ Jun 19 2013, 09:53 AM)
Ya lor. Must be under a registered company which has certain revenue, salary to himself etc.
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A huge chunk of cash eg 2.5mil can b a pledge to banks. Furthermore petrol kiosk ll bring in income too, if successfully get the bid.
ManutdGiggs
post Jun 19 2013, 08:33 PM

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QUOTE(bbbformoney @ Jun 19 2013, 08:32 PM)
i second.
cannot tahan why ppl keep putting nonsense comments to attack tikaram and yet mod does not do anything.
mod, care to explain?
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They did. Thread was closed a few days ago.
ManutdGiggs
post Jun 20 2013, 10:37 PM

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QUOTE(icemanfx @ Jun 20 2013, 10:31 PM)
If you have bought Citigroup C or Berkshire BRK-B a year ago, you should be doing pretty well.

Citigroup

BRK-B
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Bot it. Been doin very well. But I'm stil in prop. Doin well too. Eventually, both oso good tool to generate wealth. Just need the correct strategy.
ManutdGiggs
post Jun 21 2013, 09:17 AM

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QUOTE(Rooney1985 @ Jun 21 2013, 08:40 AM)
WoW.. .US stock market really took a hit yesterday... hmmmm seems like China feel the credit squeeze too... wonder how long the pricing-in effect is going to continue... and what's going to happen in boleh-land... EPF further mentioned lower dividends .... ????
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Gd opportunity to grab some bluechip. Foresee banks counters to move down to average price. Might b gd to wait till noon to decide. It may rebound next wk after a heavy down fall.
ManutdGiggs
post Jun 21 2013, 09:19 AM

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QUOTE(zuiko407 @ Jun 21 2013, 08:50 AM)
That's cheap
It drop again this morning
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For gold, stil not the time I guess. Most commodities not doin well. Nobel grp oso lausai. How to buy commodity???
ManutdGiggs
post Jun 21 2013, 06:41 PM

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QUOTE(kochin @ Jun 21 2013, 05:47 PM)
boss, if got good kangtao like this, next time share share with me vide PM.
but nothing more than RM1mil lah.
thanks.

PS: got temasya glenmarie auction kah?
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Boss if DPC ok??? Slightly higher than ur budget.
If not mistaken 2 units, its 1.35mil each in Nadia. However, I falied to contact owners. Heard fr management tat owners might just settle prior to auction. So stil unsure if can c tis 2 units in auction.
ManutdGiggs
post Jun 21 2013, 08:41 PM

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QUOTE(kurtkob78 @ Jun 21 2013, 07:36 PM)
wow, care to pm how you get owner's contact?  rclxms.gif
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Owners not staying there. Management help to call up as its p&c and not suppose to disclose contact. However, owners 1st said ok, can sell but ended up recently cant reach them. Neighbours say they most likely ll settle b4 auction day.

This post has been edited by ManutdGiggs: Jun 21 2013, 08:41 PM
ManutdGiggs
post Jun 21 2013, 08:44 PM

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QUOTE(kochin @ Jun 21 2013, 07:46 PM)
sorry boss. am in love with pj. although exemptions can be made to certain spots such as temasya.
and i don't think i can keep up with the joneses in dpc.
but thanks for the offer though.

PS: just asking only. am not ready to plough down >RM1mil yet even for own resi.
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No prob boss. Just sharing. Afterall temasya is gd too. But I dislike the distance to city.
ManutdGiggs
post Jun 22 2013, 10:26 AM

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QUOTE(kh8668 @ Jun 22 2013, 10:12 AM)
time to collect some golds
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Hang on. Gold later. Stocks now. More volatile. Gold stil hav room to go further down a lil. Maybe slightly below 1200 or at 1200. But need some time to get back to 1500. Dun mention 1800 now.
ManutdGiggs
post Jun 22 2013, 03:46 PM

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QUOTE(ShonYap @ Jun 22 2013, 03:14 PM)
Scenario when interest rate go up.

lets say interest rate go up 1%. If you choose to remain the loan period then the instalment will be higher.
For loan amount 400k.30 years loan period. Instalment from 1950 become 2200.

At the same time, demand for rental will be higher as well. Because is harder to get a loan and more expensive to get a loan now.
You still need a place to stay. End up , you still need to rent a place.

if rental demand increase, 10-15% increment in rental is very likely to happen. Then u can rent your place out at 2200 easily to cover your instalment.

Pls share your point of view , if you dont agree with this scenario.
thanks
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Some ll argue tat there r more unit avail for rental, which can b half true when there r 2 sides of a coin. Loc stil play an important part here.

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