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 V11 - Property Prices Discussion, Intelligent debates only pls

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joeblows
post Jun 23 2013, 06:51 PM

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QUOTE(zuiko407 @ Jun 21 2013, 08:02 PM)
Sometime we can figure out who's telling the truth and who's just bullshit here, who's investor down camp, who's homeless down camp and who's missed the boat down camp, just from all their comments, the more he comment, the easiest to figure out.

Just 2 simple example, Usually a person always calculate the 鸡仔数, we can figure out which income group he belongs to, usually people worry too much about the 20-30 years loan repayment, we can also figure out he's not used to purchase property.

As a person from poor family, from nothing to have something, from 1st time purchase till now keep investing, we have experience those feeling and thinking.

To figure out mr debt is one of the example, and now he's hiding, but he's actually smart, but only book smart.
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Damn.......this is such a stupid comment one can't even believe how dumb it is. laugh.gif

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. biggrin.gif

This post has been edited by joeblows: Jun 23 2013, 06:51 PM
Dern
post Jun 23 2013, 07:58 PM

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QUOTE(joeblows @ Jun 23 2013, 06:51 PM)
Damn.......this is such a stupid comment one can't even believe how dumb it is.  laugh.gif

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.  biggrin.gif
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indeed it is nod.gif

he's trying to show that he is very good in making sentence analysis LOL and able to read people's mind. sounds like she is critizing her ownself.



This post has been edited by Dern: Jun 23 2013, 08:00 PM
zuiko407
post Jun 23 2013, 09:51 PM

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QUOTE(joeblows @ Jun 23 2013, 06:51 PM)
Damn.......this is such a stupid comment one can't even believe how dumb it is.  laugh.gif

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.  biggrin.gif
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Enjoy your weekend bro
SUSworgen
post Jun 23 2013, 10:01 PM

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QUOTE(Dern @ Jun 23 2013, 07:58 PM)
indeed it is  nod.gif

he's trying to show that he is very good in making sentence analysis LOL and able to read people's mind.  sounds like she is critizing her ownself.
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I see. Now you see it, now you dont. You must be playing hide and seek. laugh.gif

This post has been edited by worgen: Jun 23 2013, 10:02 PM
SUStikaram
post Jun 23 2013, 10:56 PM

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QUOTE(joeblows @ Jun 23 2013, 07:51 PM)
Damn.......this is such a stupid comment one can't even believe how dumb it is.  laugh.gif

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.  biggrin.gif
*
This person is not relevant in property anymore...when mentioned about multi million annual income.. and other people cannot afford to buy...from here and there...just billshixx and when i challeng this person ...no ball to make take my challenge...and now still have face to repeat the same things again and again....what to do?..he is the victim of our bn govt...poor income group of people..rather spends hours here inform how high his income...he should just spend some hours to improve his skill to get that manager post...and get higher income.
happyhealthy
post Jun 24 2013, 12:00 AM

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QUOTE(tikaram @ Jun 23 2013, 10:56 PM)
This person is not relevant in property anymore...when mentioned about multi million annual income..  and other people cannot afford to buy...from here and there...just billshixx and when i challeng this person ...no ball to make take my challenge...and now still have face to repeat the same things again and again....what to do?..he is the victim of our bn govt...poor income group of people..rather spends hours here inform how high his income...he should just spend some hours to improve his skill to get that manager post...and get higher income.
*
Is really amazing that seeing all you guys so rich and successful. I am so envy.
Becoming a manager can really make all this come thru?
My managers do not look so loaded like all you guys. Really hope can achieve the level like you guys, blush.gif notworthy.gif
zuiko407
post Jun 24 2013, 12:13 AM

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QUOTE(tikaram @ Jun 23 2013, 10:56 PM)
This person is not relevant in property anymore...when mentioned about multi million annual income..  and other people cannot afford to buy...from here and there...just billshixx and when i challeng this person ...no ball to make take my challenge...and now still have face to repeat the same things again and again....what to do?..he is the victim of our bn govt...poor income group of people..rather spends hours here inform how high his income...he should just spend some hours to improve his skill to get that manager post...and get higher income.
*
Enjoy your weekend tikaram, and buy more especially the condo at south klang valley tongue.gif
SUSworgen
post Jun 24 2013, 12:43 AM

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QUOTE(tikaram @ Jun 23 2013, 10:56 PM)
This person is not relevant in property anymore...when mentioned about multi million annual income..  and other people cannot afford to buy...from here and there...just billshixx and when i challeng this person ...no ball to make take my challenge...and now still have face to repeat the same things again and again....what to do?..he is the victim of our bn govt...poor income group of people..rather spends hours here inform how high his income...he should just spend some hours to improve his skill to get that manager post...and get higher income.
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Are you talking on behalf uuu or ddd camp? We are confused. brows.gif
Still have face? Are you asking yourself? thumbup.gif
Have you flip all 15bijis? Hope you still have some little bit of credibility here before ppl start listening to you again. Otherwise might as well you talk to the 4 walls. laugh.gif

This post has been edited by worgen: Jun 24 2013, 12:53 AM
joeblows
post Jun 24 2013, 08:29 AM

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QUOTE(happyhealthy @ Jun 24 2013, 12:00 AM)
Is really amazing that seeing all you guys so rich and successful.  I am so envy.
Becoming a manager can really make all this come thru?
My managers do not look so loaded like all you guys. Really hope can achieve the level like you guys, blush.gif  notworthy.gif
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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 laugh.gif
firee818
post Jun 24 2013, 08:35 AM

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QUOTE(lucerne @ Jun 23 2013, 01:40 PM)
compare to 2002 when i first live in sh, the price now has increased more than 10 times. from rmb6k/m2 (my apartment in xujiahui and now worth rmb60k/m2. many ppl do not expect so much increase 5, 10 years ago and keep saying bubbles, bubbles since 2005... (when sh prop 2-3x like now in KL)
i m lucky as i hv gone thru all these when work overseas n start accumulate kl prop since 20 years ago.
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It will be interesting if kl properties undergo such hyper property boom (still haven't stop for the time being in sh)...
Rooney1985
post Jun 24 2013, 09:09 AM

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QUOTE(tikaram @ Jun 23 2013, 10:56 PM)
This person is not relevant in property anymore...when mentioned about multi million annual income..  and other people cannot afford to buy...from here and there...just billshixx and when i challeng this person ...no ball to make take my challenge...and now still have face to repeat the same things again and again....what to do?..he is the victim of our bn govt...poor income group of people..rather spends hours here inform how high his income...he should just spend some hours to improve his skill to get that manager post...and get higher income.
*
Wow... didn't know he can't even defend himself in the virtual world... has to call on his buddies to help him out... Total agree with your statements... someone makes 2m in 3 years and say RM20psf is expensive.... lmfao... and only driving an audi... (must be entry level model and old one la)... and whats even more weird is that that person also invests in super low-end properties!!!! <RM200K... What the heck!?!?!!? Anyway, I think better stop exposing this person la... He'll just end up creating more dupe accounts to support his own fantasy world character...

Not to mention the other weirdos from Up camp also... Someone's colleague drives a bmw, but parks it at LRT station and takes LRT to work... my god... when I read that I'm thinking to myself... If you can't afford the parking at KLCC don't LCLY wanna drive BMW la... LMFAO!!!! drive BMW take LRT... ROFLMAO!!!! biggrin.gif You think this is Kiasu-land ah... where its 100 times safer than Boleh-land... You park you BMW at LRT I think worst things will happen.. This is what we call penny wise pound foolish.. If you buy a BMW to drive it to LRT then might as well don't buy it in the first place la... DAMN embarrassing la.... its like buy an expensive car for show only... no money to pay for petrol and parking... LOL!!!!! Just doesn't make any sense at all...

On a serious note.... If buying near LRT/ MRT for investment (i.e. renting out) what kind of salary group are you looking at that can't afford to drive???? Then ask yourself what rental you can demand form this income group that can't afford to drive to work OR WORST STILL... can afford to buy car but can't afford parking at KLCC.. biggrin.gif

This post has been edited by Rooney1985: Jun 24 2013, 09:11 AM
AMINT
post Jun 24 2013, 09:12 AM

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QUOTE(Rooney1985 @ Jun 24 2013, 09:09 AM)
Wow... didn't know he can't even defend himself in the virtual world... has to call on his buddies to help him out... Total agree with your statements... someone makes 2m in 3 years and say RM20psf is expensive.... lmfao... and only driving an audi... (must be entry level model and old one la)... and whats even more weird is that that person also invests in super low-end properties!!!! <RM200K... What the heck!?!?!!? Anyway, I think better stop exposing this person la... He'll just end up creating more dupe accounts to support his own fantasy world character...

Not to mention the other weirdos from Up camp also... Someone's colleague drives a bmw, but parks it at LRT station and takes LRT to work... my god... when I read that I'm thinking to myself... If you can't afford the parking at KLCC don't LCLY wanna drive BMW la... LMFAO!!!! drive BMW take LRT... ROFLMAO!!!!  biggrin.gif You think this is Kiasu-land ah... where its 100 times safer than Boleh-land... You park you BMW at LRT I think worst things will happen.. This is what we call penny wise pound foolish.. If you buy a BMW to drive it to LRT then might as well don't buy it in the first place la... DAMN embarrassing la.... its like buy an expensive car for show only... no money to pay for petrol and parking... LOL!!!!! Just doesn't make any sense at all...

On a serious note.... If buying near LRT/ MRT for investment (i.e. renting out) what kind of salary group are you looking at that can't afford to drive???? Then ask yourself what rental you can demand form this income group that can't afford to drive to work OR WORST STILL... can afford to buy car but can't afford parking at KLCC.. biggrin.gif
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Some people dont really care about that bro. Some got parking too from company but traffic jam is that bad these days.
Rooney1985
post Jun 24 2013, 09:25 AM

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QUOTE(AMINT @ Jun 24 2013, 09:12 AM)
Some people dont really care about that bro. Some got parking too from company but traffic jam is that bad these days.
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Thats a VERY VERY GOOD POINT... Even with current LRTs and so many people drive local cars and cheap japanese cars, they still drive to work/ drive to shopping centres... why don't they just drive to the nearest LRT and park there and take the train?!?!?!? So those driving cheap cars drive while those who buy expensive imports take LRT/ MRT??? Hmmmm... I think this is just all reversed... LOL!!!

Investments near MRT/LRT are good for rental to singles who just entered the workforce and can't afford a car (of the expenses of having one)... Can't be to rent to those who can buy cars >RM300K ... I don't foresee these category of people who are wearing 60K (naked if just considering they wear IWCs) on their body to travel by LRT!?!?! Furthermore, no point for married as well cos I don't see them sending their kids to school in LRT, they'll be drenched in sweat when they get to work!!! and picking up their kids is another thing that LRT/MRT cannot solve.... So where does that leave us??? the singles who just joined the work force and can't afford a car or the expenses... and how much do freshies earn.???? and from that how much are they willing to part with to pay rental???

Get real guys... this LRT/MRT thing is a freaking gimmick... property developers/ agents are using it to sustain/ boost their land/ property prices... Govt is using this to support their declining economy... Right now I think anything near LRT/MRT is extremely over-rated... the whole idea of it is good... unfortunately the forces that support it is a big failure... However (there is some truth in your earlier posts)... the next GE!!! If we do see a better G taking over, and improvements to living standards in boleh-land... we may be able to replicate singapore... but for the time being... the prices of properties near LRT/MRT have already priced in something that may not be achievable.


joeblows
post Jun 24 2013, 09:31 AM

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QUOTE(Rooney1985 @ Jun 24 2013, 09:09 AM)

Not to mention the other weirdos from Up camp also... Someone's colleague drives a bmw, but parks it at LRT station and takes LRT to work... my god... when I read that I'm thinking to myself... If you can't afford the parking at KLCC don't LCLY wanna drive BMW la... LMFAO!!!! drive BMW take LRT... ROFLMAO!!!!  biggrin.gif You think this is Kiasu-land ah... where its 100 times safer than Boleh-land... You park you BMW at LRT I think worst things will happen.. This is what we call penny wise pound foolish.. If you buy a BMW to drive it to LRT then might as well don't buy it in the first place la... DAMN embarrassing la.... its like buy an expensive car for show only... no money to pay for petrol and parking... LOL!!!!! Just doesn't make any sense at all...
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!!!
Rooney1985
post Jun 24 2013, 09:37 AM

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QUOTE(joeblows @ Jun 24 2013, 09:31 AM)
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!!!
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Everyone knows it for a fact... and its not just the LRTs its the freaking streets and parking areas as well... So whats so great about properties near MRTs/ LRTs? I don't get it... and I seriously don't get how these Up campers can continue telling such false stories... If they really genuinely believe that these properties near MRTs and LRTs are good and are sharing .. then fine... but if deep down inside they know they selling false stories, well.... remember one thing dear Up campers... money isn't everything, karma can take everything away in a blink of an eye... So do whats right... biggrin.gif
familyfirst
post Jun 24 2013, 09:45 AM

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QUOTE(Rooney1985 @ Jun 24 2013, 09:37 AM)
Everyone knows it for a fact... and its not just the LRTs its the freaking streets and parking areas as well... So whats so great about properties near MRTs/ LRTs? I don't get it... and I seriously don't get how these Up campers can continue telling such false stories... If they really genuinely believe that these properties near MRTs and LRTs are good and are sharing .. then fine... but if deep down inside they know they selling false stories, well.... remember one thing dear Up campers... money isn't everything, karma can take everything away in a blink of an eye... So do whats right...  biggrin.gif
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I guess those who say that is soooo good, really dont take/use the LRT/MRT or ever lived near one.
epie
post Jun 24 2013, 09:54 AM

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Same old same old
Version 11 and still bashing each other
Martinis
post Jun 24 2013, 09:54 AM

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QUOTE(lucerne @ Jun 23 2013, 01:40 PM)
compare to 2002 when i first live in sh, the price now has increased more than 10 times. from rmb6k/m2 (my apartment in xujiahui and now worth rmb60k/m2. many ppl do not expect so much increase 5, 10 years ago and keep saying bubbles, bubbles since 2005... (when sh prop 2-3x like now in KL)
i m lucky as i hv gone thru all these when work overseas n start accumulate kl prop since 20 years ago.
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Hi Lucerne,

It is hard to believe such appreciation rate. From 2002 to 2013, increase 10 times? In between this 11 year period, any correction before? Is your apartment in Xuijiahui considered the exceptional performers? What about other districts?


Thank you very much.
Rooney1985
post Jun 24 2013, 09:56 AM

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QUOTE(familyfirst @ Jun 24 2013, 09:45 AM)
I guess those who say that is soooo good, really dont take/use the LRT/MRT or ever lived near one.
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We'll one should not simply make statements without knowing the facts first... this can be very misleading... as they normally say, ignorance of the law is no excuse...

Well lets just hope Up campers have a little self-consciousness when they're advising on the real worth of properties... whether they're near LRTs/ MRTs or not. biggrin.gif

This post has been edited by Rooney1985: Jun 24 2013, 09:57 AM
ManutdGiggs
post Jun 24 2013, 10:09 AM

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QUOTE(Martinis @ Jun 24 2013, 09:54 AM)
Hi Lucerne,

It is hard to believe such appreciation rate. From 2002 to 2013, increase 10 times? In between this 11 year period, any correction before? Is your apartment in Xuijiahui considered the exceptional performers? What about other districts?
Thank you very much.
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Thou I hav not worked in SH like Lucerne boss, but 1 of my previous supplier did bot a land in 2009 and sold it 3 times the purchase price in 2011 at Guang Zhou. He scaled down his biz and moved to tian jin. But he went POKAI cos heavily spending those $$$ made fr the sales without reinvesting into props, or some other investment tools. China men r like tis. They think they can easily get another cheap prop to flip. However, they forget tat consistency is very important in props play. If onli hope for low entry with high exit, I dun think its wise in prop market.

Afterall noone can tell when is low and when is high.

This post has been edited by ManutdGiggs: Jun 24 2013, 10:57 AM

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