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 V11 - Property Prices Discussion, Intelligent debates only pls

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accetera
post Jul 17 2013, 10:00 PM

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QUOTE(agentdiary @ Jul 17 2013, 09:55 PM)
you better have a good explanation why the 10 yrs MGS yield reach above 3.8% (happened just today) while claim we have high liquidity? how it is possible??  rclxub.gif  rclxub.gif
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Very simple... our Government is raising money, more bonds, more bonds etc, to fund the you-know infrastructure plan.

I think DanaInfra has a news today in the media.

What I mean by high liquidity is the money supply in the market. The banks are flush with cash and deposits... and the customers are buying more investment products with cash. There was a slight mention in this recently at BNM press conference.
accetera
post Jul 17 2013, 10:13 PM

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QUOTE(AmayaBumibuyer @ Jul 17 2013, 10:00 PM)
Wonder with all these population they don't need a house to live in. I think i have touched these before on my previous previous post. Of course they do.  And is the supply enough? And what does the law of supply and demand in economics again?. Now you guys still want to wait to own a home? New graduates are being churned out from universities and will hunt for a house. Really, still want to wait and hope for the property price to crash? Good luck.
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The question is more about AFFORDABILITY. Nationwide, we have a housing shortage in the non-luxury segment (btw even medium cost can now be considered as "Kondominium Mewah" according to OSC). In a layman comment, I think the shortage is partly the fault of Federal and State Government in implementing social housing for all these years.

To put in perspective, the shortage is largely the lower-end segment. I don't see any shortage in the upper end but developers told me that the mid-class society can be "upgraders", meaning to say, the richer ones move one notch up, the next level move the next level... and eventually, the lower level will move to the existing low-end properties that we have. (sounds like they upgraded from flats to condo? but most old condo will become flats as years go by)

So the market cannot be seen as only the joinees and investors... as they are many people who upgrade (or downgrade). This movement is enough to cause certain hotspots to boom.

+The latest estimation is 29.796 million as per population clock, however, this is computed based on our Fertility Rate... which over the 12 month will be reconciled with the numbers of Jabatan Pendaftaran Negara with small margin of errors. http://www.statistics.gov.my/portal/index.php?lang=en

This post has been edited by accetera: Jul 17 2013, 10:15 PM
accetera
post Jul 17 2013, 10:22 PM

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QUOTE(AVFAN @ Jul 17 2013, 10:12 PM)
this is impt...

ad, what was the mgs yield last week, last month, last year? tq.
30mil popn... 23 mil regulars + 5mil indons-banglas-myanmaris in peninsula, 2 mil in sabah sarwak.

wow, tens of millions of houses and condo to sell! tongue.gif
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You'll be surprised that Chinese from Sabah and Sarawak are now picking up KL properties. If you see KK's price and new projects, I would think KL home prices are much more reasonable.

Generally, KL market is seeing alot of Malaysian buyers from outstation (from other states or from those working in Sg).

Also moving forward, it seems that property market will have more participation from our BUMI friends. No offence, based on demographics, it is a widely known fact that alot more young Malays are venturing into property investments. Previously the Malay community "participation" is relatively much lower.

Many big developers see the "Malay market" as one big market yet to be fully tapped - especially for highrise projects. Just like how big retailers see this way as well.

This post has been edited by accetera: Jul 17 2013, 10:26 PM
accetera
post Jul 17 2013, 11:45 PM

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For me, I feel it is not so good to distinguish "up camper" and "down camper". Frankly, I myself would not like to be branded on any of those sides. Neither do I want to start arguments here and there.

I mean as far as I read here, people have different opinions, right or wrong. We just have to accept each other views. And I guess many of us too come from different backgrounds, different jobs, different income levels and different level of experience in life.

I hope the readers here simply just share their opinions or their readings. Do not be afraid of people tagging you a certain category or bashing you up for some articles written by someone else (not fair isn't it?). We can debate left or right, but it must end with some coolness.... not hatred or sorrow. Haha...

Oh yea.. one more thing, people in this forum can easily contact me via my signatures. So transparency. biggrin.gif

This post has been edited by accetera: Jul 17 2013, 11:47 PM

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