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 V11 - Property Prices Discussion, Intelligent debates only pls

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nevland
post Jul 16 2013, 05:46 PM

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QUOTE(zuiko407 @ Jul 16 2013, 04:05 PM)
Brother, Tmn kajang perdana is lease hold
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whatever... how are you so sure?

my house is this type http://www.propertyguru.com.my/property-li...3000-fo-2380367


This post has been edited by nevland: Jul 16 2013, 05:58 PM
cockee
post Jul 16 2013, 05:58 PM

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QUOTE(nevland @ Jul 16 2013, 05:46 PM)
whatever... how are you so sure?
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Bro congrats on your bargain purchase. You shud ignore these fella asking so much. They will find many ways and excuses to justify the bargain price. Maybe they cant accept the fact the prices in certain places are coming down..
tigana
post Jul 16 2013, 06:13 PM

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QUOTE(Selectt @ Jul 16 2013, 03:44 PM)
T junction property has blown out of proportion. If you need to understand what is "chi" before you start talking and avoiding T-junction property. Here's my thread,

https://forum.lowyat.net/index.php?showtopic=2878320&hl=

how come my neighbour on t-junction owns nice cars? rolleyes.gif

/edited for privacy
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If you think about it, fengshui and "pantang larangs" have logical and practical reasons. If you are facing a T, your lving room will get sudden brightness from incoming cars. Also, in the case of a "run away", the car might crash thru your living room. But those can be remedied with some practical solutions.
nevland
post Jul 16 2013, 06:19 PM

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QUOTE(cockee @ Jul 16 2013, 05:58 PM)
Bro congrats on your bargain purchase. You shud ignore these fella asking so much. They will find many ways and excuses to justify the bargain price. Maybe they cant accept the fact the prices in certain places are coming down..
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no problem at all.. i know i still can differentiate between leasehold and freehold.
Selectt
post Jul 16 2013, 06:30 PM

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QUOTE(tigana @ Jul 16 2013, 06:13 PM)
If you think about it, fengshui and "pantang larangs" have logical and practical reasons. If you are facing a T, your lving room will get sudden brightness from incoming cars. Also, in the case of a "run away", the car might crash thru your living room. But those can be remedied with some practical solutions.
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I think every house has car porch area and concrete wall (fence). It's not easy to crash to your living room, unless that car crashing down, is the Optimus prime container truck. It's not easy for car lights to come in your living room either. The simplest way you could do is to close your curtain. As contrary, i think those low traffic t-junction unit is better than the rest of the intermediate unit because these t-junction unit receive soft "chi". According to fengshui, it is vital for chi to come in to your home. Getting zero "chi" is not good.

"Sar chi" means strong chi. It means heavy winds and waters. Too much chi will kill any living things, hence planting tree to soften the chi if your unit facing heavy t-junction. Getting soft chi is good, getting no chi is no good.

m2c cool.gif
Rooney1985
post Jul 16 2013, 06:47 PM

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QUOTE(nevland @ Jul 16 2013, 05:46 PM)
whatever... how are you so sure?

my house is this type http://www.propertyguru.com.my/property-li...3000-fo-2380367
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Good find man... That posting was asking 400k+ ... Good to know that you found an affordable and more importantly something that is priced to its value...

Wow my prediction on the bombardment of questions also true!!! Hehe... Know some fellas booked TTDI grove cancelled their booking cos developers changed the specs... Hmmm ... That's not very honest of them.... Lol!!!

But anyways looks like its starting with the outskirts and maybe moving towards city area?!?!?
debbieyss
post Jul 16 2013, 07:50 PM

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Can someone enlighten me:

1. if the property valuer should be the one coming from financier or the property agent himself?

2. Should I find more property valuers on my own and from there choose the valuer with lowest property value?

3. Does nevland's case also mean the property price is falling down as well? drool.gif

This post has been edited by debbieyss: Jul 16 2013, 07:52 PM
SUSAmayaBumibuyer
post Jul 16 2013, 08:01 PM

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Yup as i said. Fengshui is a consideration of property buying. Not finding excuses as some people say. Chinese dont wanna buy, your house is cheap. I know.
nevland
post Jul 16 2013, 08:05 PM

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QUOTE(debbieyss @ Jul 16 2013, 07:50 PM)
Can someone enlighten me:

1. if the property valuer should be the one coming from financier or the property agent himself?

2. Should I find more property valuers on my own and from there choose the valuer with lowest property value?

3. Does nevland's case also mean the property price is falling down as well?  drool.gif
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1) the financier will appoint the valuer because the financier would not want to give out loan more than market value of the property
2) what's the point to get the lowest value? to buy at cheaper price?
3) not really falling down... new development is still sky rocketting... huhu
sayo
post Jul 16 2013, 08:09 PM

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I think the real time when the price is "falling down" is when..............even DDD will be afraid to buy... tongue.gif
zuiko407
post Jul 16 2013, 08:10 PM

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QUOTE(nevland @ Jul 16 2013, 05:46 PM)
whatever... how are you so sure?

my house is this type http://www.propertyguru.com.my/property-li...3000-fo-2380367
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Oh.... If u buy this 1.5 year ago, 265k only
ManutdGiggs
post Jul 16 2013, 08:25 PM

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QUOTE(Rooney1985 @ Jul 16 2013, 09:10 AM)
Its only proposed, not confirmed... but will be interesting to see the impact (if any) of this news especially on those who have recently booked some unit(s) for investments (flipping in the short term).

whistling.gif
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Hope rpgt goes up immediately. Tat ll do the day for flippers. Yeah!!!
debbieyss
post Jul 16 2013, 08:40 PM

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QUOTE(nevland @ Jul 16 2013, 08:05 PM)
1) the financier will appoint the valuer because the financier would not want to give out loan more than market value of the property
2) what's the point to get the lowest value? to buy at cheaper price?
3) not really falling down... new development is still sky rocketting... huhu
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So you found the financier yourselves or your property agent has a partnering financier to assist you?

Last time my property agent intro me his partnering property valuer.
flame of the forest
post Jul 16 2013, 09:42 PM

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QUOTE(debbieyss @ Jul 16 2013, 08:40 PM)
So you found the financier yourselves or your property agent has a partnering financier to assist you?

Last time my property agent intro me his partnering property valuer.
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can anybody explain how come valuer can gv 250K -260K for property that supposedly sold for RM320K onwards? if this transaction has been going on since last year, shouldn't the valuer register the latest market/transacted prices? mind-boggling as this can mean that i have to target new launhes and forget about subsale/existing property unless am willing to come up with about 100K as upfront costs! Help!
greenstuff
post Jul 16 2013, 09:56 PM

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QUOTE(flame of the forest @ Jul 16 2013, 09:42 PM)
can anybody explain how come valuer can gv 250K -260K for property that supposedly sold for RM320K onwards? if this transaction has been going on since last year, shouldn't the valuer register the latest market/transacted prices? mind-boggling as this can mean that i have to target new launhes and forget about subsale/existing property unless am willing to come up with about 100K  as upfront costs! Help!
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Yes, Valuer should value based on past 6 months transacted prices, unless 320k was an odd case where ALL prices were around 250-265k except this one. Higher chance would be this is a suck valuer, so change your valuers by asking your bankers get the value from good valuers!
flame of the forest
post Jul 16 2013, 10:30 PM

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QUOTE(greenstuff @ Jul 16 2013, 09:56 PM)
Yes, Valuer should value based on past 6 months transacted prices, unless 320k was an odd case where ALL prices were around 250-265k except this one. Higher chance would be this is a suck valuer, so change your valuers by asking your bankers get the value from good valuers!
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Thank you. wow, that can only mean that those ppl who bought in that area are cash-loaded!

debbieyss
post Jul 16 2013, 11:34 PM

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Why are both of you putting up sarcasm statements?
icemanfx
post Jul 17 2013, 04:46 AM

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QUOTE(flame of the forest @ Jul 16 2013, 09:42 PM)
can anybody explain how come valuer can gv 250K -260K for property that supposedly sold for RM320K onwards? if this transaction has been going on since last year, shouldn't the valuer register the latest market/transacted prices? mind-boggling as this can mean that i have to target new launhes and forget about subsale/existing property unless am willing to come up with about 100K  as upfront costs! Help!
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Probably a conspiracy for cash rich buyers to corner that area.


kurtkob78
post Jul 17 2013, 05:14 AM

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check with 2-3 valuers to know the average transacted price. it should not vary too much. if the asking price is way higher, obviously the seller is jacking up t price.
truelife
post Jul 17 2013, 05:42 AM

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QUOTE(greenstuff @ Jul 16 2013, 09:56 PM)
Yes, Valuer should value based on past 6 months transacted prices, unless 320k was an odd case where ALL prices were around 250-265k except this one. Higher chance would be this is a suck valuer, so change your valuers by asking your bankers get the value from good valuers!
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Normally valuers use comparison method based on actual transacted values around the same area. But the actual transacted values are registered 6 months later. That means valuers can only track transactions completed 6 months ago or even longer. Thats why nowadays in a lot of areas valuers value can never match sellers value.

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