Not yet here yet, coming soon.

Not worried since slacker like you everyday TCSS on LYN can get 2M every 3 years, I must be able to make 5M by working much harder than you. Right? LOL.

I think his mistake la cos he put Panamera and X6 only.

So cheapo who will believe, if already want to bluff, go all out la for Bentley and Audi R8. hehe.......

Oh no........now 5 stones ss2 also joining Auction List!!!

OMG!! What happening to BBBBBB market? Zuiko this cheap enough for you? Why not buy? In 5 years maybe can sell for RM2m yo.....

Auction Date : 20 June 2013 ( Thursday )

Unit No. E-22-02, Five Stones, No 3, Jalan SS 2/72, 47300 Petaling Jaya Selangor.

Land Area : 2370 sq.ft

Property Type : Freehold

Reserve Price : RM 1,420,000/-
Deposit : 10%

*Free Registration.

*For Registration to participate in the auction, pls register early as possible in 3 DAYS in advance on the shown of Auction date.

http://www.propwall.my/classifieds/1201441...e-by-irene-wong

See unit size before shoot your mouth......hehe

Its 2307sqft

Ok lah, since so cheap and you got so many millions, maybe you should buy eh.

Who knows, maybe next time, too you can upgrade your proton saga to panamera like your "friend". Hehe.......

Damn.......this is such a stupid comment one can't even believe how dumb it is.

Good investor or businessman always calculate their fundamentals. ALWAYS.

Whether its USA, Warren Buffet at 80 years old still does his step-by-step calculations on paper to calculate intrinsic value of a company before he buy any shares.
Or Tan Sri Lim Goh Tong from Malaysia before he died when interviewed at 70 years old still calculated every month how much a average visitor at Genting Highland will spend.
All these figures are so old already and can pass this job to their staff and just enjoy retirement but they still do everything themselves.

But Super Duper Investor sei ling chat telling people - "don't worry so much about the repayment calculation, cos you not used to purchase property".

LMFAO. This is the way to bankruptcy speaking.

This post has been edited by joeblows: Jun 23 2013, 06:51 PM

Becoming a manager alone won't make you rich and successful.

Definitely better than talking on the Internet about your (non-existent) RM3m a year business, Audi and your "friend's" Panamera though!

LOL

LRT Station is a hotspot for crime.

I know as my family home is very near Kelana Jaya LRT.

Dozens of cases of snatch theft, mugging, carjack, car thieves, what have you la over there.

Even if you stay 200m from LRT, you gonna let your wife walk home alone? LOL!

Even if those Panerai-wearing bosses willing to risk the crime, who wants to say the place they live in is a crime-infested area? LOL!!!

Guess where on the chart are we?

Well, if you have been following this thread and are rational enough to do the maths on demand-supply curve, you would be up there with the banks knowing as well. ;-)

Because Malaysians are heavily leveraged that means in turn that Malaysian banks are also heavily leveraged....

I know, just pulling your leg......you're one of the most reasonable forummers here which I respect.

I reckon it still depends on area - for the 30k or so condos coming into the market. For places like TTDI or even certain parts of PJ (like LI Villas) where there is barely any new development (besides the horrendous Ascendia with bad access) it should still do ok - stagnant at worst.

For the so-called "new development zones" (ie Balakong, farther parts of Cheras, Kajang, Putrajaya, Klang, outskirt areas of Sg Buloh and Rawang) they will probably be hit pretty hard.

Yup, and not counting insanely pricey psf like Cloudtree Cheras or Vina Versatile at 500-600 psf. Or mad prices in Puchong and Putrajaya.

Or that SDB project in Balakong.

Under 400psf

Especially for location so far away, high density, mid- to low-end range homes such as the above.

Ideally for those location some way out of KL - 1000-1200sqft should be around RM400k max.

You really believe Cloud Tree or Vina Versatile is "luxury"?

Only in their SA's big talk it is. Looks no better than 1120 avenue which is medium to low end. Sanderson - so much talk about it being "luxury" or "mid/high-end" but end result is? Nothing special. Even worse, those developments are high-rise, high-density. I mean, those places sure ain't the next Arcoris or St Regis.

By the way, I am not a down camper for the sake of it. Price creeping up due to solid demand is one thing which I fully support. The reality is, this isn't the case.

Many of this units will be empty at VP and owners, no intention of moving in whatsoever. Just flip it off, and if fail, the bank will lelong for you.

More like, buying a Padini for 30% over price now, and hope to sell at Armani price to some poor sucker in a few years.

Sad to say, for most of these people, they are the sucker instead.

ROFLMAO!!!

This is soooooo true.

I have a friend that tells everyone she stays in Damansara.

Too bad she missed out the full name. It's not Damansara Utama, or Damansara Jaya, but "Damansara" Damai.

Hahahahaha!

Super wrong analogy.

i sell clothes. Selling at RM20 (by the way your example of selling price of RM6 per pair is lower than the cost price of the developer. Cannot brain).
i ask around. confirm 100 orders for shirt + pants, then only i confirm to start work. but before start work i request the 100 confirmed orders to pay me RM2 to buy the cloth first. BUT the catch is customer need to borrow RM18 from the bank as well.
hence i pocket rm200 to buy cloth.
i buy the cloth with rm80. use rm20 + bank borrow rm200 to buy sewing machine. I use remaining RM100 to start new project to sell to other customers. "Roll" mah! Hehehe!
i sew the two shirts and 50 collars and show my customers. customers ok and pay additional rm8. i gather rm800 now to pare down my loans and also use rm80 to buy cloth again and additional rm50 for packaging material AND also to roll again and start new project. Then I buy new BMW. And a new Bungalow too in Sydney.
i sew some shirts now - but then not enough cash after paying downpayment for my new beemer, so I replace with low quality cloth and cos I got too many projects, simply simply do lah. Bo jio. After all this suckers already paid in full already what. hehehe.
Shirts finish, some customers not too happy. I planning to start another project but then banks call the loans in. Shit!

I run away to my Sydney house, use some money to kautim some ministers in KL. No problem!

As for buyers, well, they got a shirt what. The pants, belakang kira la. Those ministers I didn't pay for nothing ok. Property only ever goes up. Semua-nya ok.

Ya only hell can punish people like this.

Cos our gahmen surely don't.

You look at Chan Ah Chye from Talam. Not only walking around a free man - become Tan Sri some more. You or I can or not? ROFLMAO.

Another BBBBB camper living in their fantasy world.

"Property only goes up, never goes down"
"Malaysian salary is very high"

Okay then. LOL.

Obviously if you meet a car salesman, he is not gonna tell you car industry is gonna collapse tomorrow due to MRT coming up right?

So why would property developer be any different?