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 V11 - Property Prices Discussion, Intelligent debates only pls

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icemanfx
post Jun 24 2013, 11:08 AM

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There is no doubt, it is convenience to live near to lrt/mrt station, and price could be higher that property further away.

If no one can answer number of units near lrt/mrt is completing in the next 3 years is similar to buy gold at US$1,600/oz and hoping to rise to US$2,500/oz.



blowwater101
post Jun 24 2013, 11:16 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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Rooney bro, your point make sense...but in fact it really happen to some managers...

real example, asst GM, salary earning more than 10k, driving estima as weekend car, ride motor ex-5 to work, he really dont care how ppl look at him...and his wife has the same earning power...

ride motor is worst than take LRT right ?
zuiko407
post Jun 24 2013, 11:24 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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Calm down bro, enjoy your weekday, I promise you not to disturb your happy hour mood this coming Friday, ok!
Promise not to wrack you Few unit at ara DAMANSARA again, cheers
cybermaster98
post Jun 24 2013, 11:25 AM

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I too agree that properties near upcoming MRT/LRT stations are overated. Many developers are using this to hike up their prices like crazy. Dijaya's Tropicana Gardens is a classic example. I heard Tower 3 is going to be launched at around 1,200-1,300 psf (starting price). Imagine paying such prices for Kota Damansara and that too right at the back after Sunway Giza. This is clearly future prices which DIjaya is selling at. Do investors actually think actual market prices will hit 1,500 psf in that area by 2016? WIll bank actually value properties at that prices in 2016? For banks to do that, the actual market prices would need to be above that. And yet i hear thr's a long wait list already.


joeblows
post Jun 24 2013, 11:29 AM

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QUOTE(cybermaster98 @ Jun 24 2013, 11:25 AM)
I too agree that properties near upcoming MRT/LRT stations are overated. Many developers are using this to hike up their prices like crazy. Dijaya's Tropicana Gardens is a classic example. I heard Tower 3 is going to be launched at around 1,200-1,300 psf (starting price). Imagine paying such prices for Kota Damansara and that too right at the back after Sunway Giza. This is clearly future prices which DIjaya is selling at. Do investors actually think actual market prices will hit 1,500 psf in that area by 2016? WIll bank actually value properties at that prices in 2016? For banks to do that, the actual market prices would need to be above that. And yet i hear thr's a long wait list already.
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user posted image

Guess where on the chart are we? brows.gif
kurtkob78
post Jun 24 2013, 11:29 AM

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QUOTE(blowwater101 @ Jun 24 2013, 11:16 AM)
Rooney bro, your point make sense...but in fact it really happen to some managers...

real example, asst GM, salary earning more than 10k, driving estima as weekend car, ride motor ex-5 to work, he really dont care how ppl look at him...and his wife has the same earning power...

ride motor is worst than take LRT right ?
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no ,,, ride motobike is cooler icon_rolleyes.gif .... saves time and money... but of course much higher risk to involve in accident
zuiko407
post Jun 24 2013, 11:39 AM

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QUOTE(Rooney1985 @ Jun 24 2013, 09:37 AM)
Mnwell.... 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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Haha! Now u believe some up camp are rich? Thought u keep thinking they're creating story? Sound like u feel jealous!!
Anyway! Enjoy your day, work hard and think smart, chances always there and luck will come to u one day
AMINT
post Jun 24 2013, 11:40 AM

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Ok la if anybody here who think lrt and mrt props are not good but u own them, please pm me. I am willing to take the props from ur hands. Give reasonable price since u dont think it is good to have such props

This post has been edited by AMINT: Jun 24 2013, 11:41 AM
zuiko407
post Jun 24 2013, 11:41 AM

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QUOTE(joeblows @ Jun 24 2013, 11:29 AM)
user posted image

Guess where on the chart are we?  brows.gif
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I really love this chart, I'm more love the original person who post this chart which disappear since long time from this topic, mr sampool
kidmad
post Jun 24 2013, 11:43 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 have a negative view on props near the MRT/LRT line as well. I just hope those new lines would not be flooded with bangla who got their 2 years expiry IC.
zuiko407
post Jun 24 2013, 11:45 AM

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QUOTE(AMINT @ Jun 24 2013, 11:40 AM)
Ok la if anybody here who think lrt and mrt props are not good but u own them, please pm me. I am willing to take the props from ur hands. Give reasonable price since u dont think it is good to have such props
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Bro, different people different opinion and thinking, that's fine, we can't expect everyone have same idea and opinion, we can't expect everyone made money from properties few years ago, there always have missed the boat and waiting king.
petlu28
post Jun 24 2013, 12:11 PM

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you are right. sometime miss a boat doesn't means you can't buy properties in future. still a lot ppl are waiting.

QUOTE(zuiko407 @ Jun 24 2013, 11:45 AM)
Bro, different people different opinion and thinking, that's fine, we can't expect everyone have same idea and opinion, we can't expect everyone made money from properties few years ago, there always have missed the boat and waiting king.
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zuiko407
post Jun 24 2013, 12:23 PM

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QUOTE(kochin @ Jun 24 2013, 12:10 PM)
wow... DDD campers fast and furious....
let me get some popcorns.
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Is all my fault for making them too emo, end up with comment which no sense, example like property nearby LRT is bad
cybermaster98
post Jun 24 2013, 01:23 PM

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I dont think all properties near proposed MRT/LRT stations are overated. I think there are some reasonable ones out there. Not sure about others but i think developments like Kiara Residence 2, Bukit Jalil near Taman Yarl are quite alright. The new LRT station is just about 100m away. I bought 2 units there for about RM435 psf (after discount). Cheaper compared to other high end condos being constructed e.g KM1 West, KM1 East or Treez which are all RM600-700+ psf. Hope ill get decent appreciation by Q1 2016 when its completed.

Now im looking for another decently priced development. But majority are really expensive. Nova Subang is now going for around 900 psf. Damn!
cherroy
post Jun 24 2013, 02:49 PM

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For those not related to property, and intend to talk about the person, please use your PM to post directly to the person.
Others are not interested to know.

Here talk about the property, not the person.
Ty.

This post has been edited by cherroy: Jun 24 2013, 02:51 PM
AppreciativeMan
post Jun 27 2013, 12:48 PM

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Where is all the ppl?
I'm still waiting for this entertainment thread...... tongue.gif
lucerne
post Jun 27 2013, 01:06 PM

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QUOTE(AppreciativeMan @ Jun 27 2013, 12:48 PM)
Where is all the ppl?
I'm still waiting for this entertainment thread......  tongue.gif
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lot of losers here...
too much ego too..
petlu28
post Jun 27 2013, 01:16 PM

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just open back only.

QUOTE(AppreciativeMan @ Jun 27 2013, 12:48 PM)
Where is all the ppl?
I'm still waiting for this entertainment thread......  tongue.gif
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TSkochin
post Jun 27 2013, 01:34 PM

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bila beli emas?
zuiko407
post Jun 27 2013, 02:12 PM

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QUOTE(kochin @ Jun 27 2013, 01:34 PM)
bila beli emas?
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Gold is cheap now

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