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 V11 - Property Prices Discussion, Intelligent debates only pls

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AMINT
post May 31 2013, 02:07 PM

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This thread will feature a nathan rothschild wannabe coz he will say something else and do something else coz he thinks he can influence market.kekeke
AMINT
post May 31 2013, 04:32 PM

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This thread will feature a nathan rothschild wannabe coz he will say something else and do something else coz he thinks he can influence market.kekeke
AMINT
post Jun 3 2013, 05:35 PM

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QUOTE(worgen @ Jun 3 2013, 05:26 PM)
Agreed with you. Pls rent until the banks collapse. Thank you.
*
Haha. I think many person waiting will collapsed first after seeing more and more properties are beyond reach before the banks collapse
AMINT
post Jun 4 2013, 01:45 PM

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Arent you DDD guys tired of saying property prices will go down but IT HAS NOT GONE DOWN SINCE I DUNNO... 2008? I have been monitoring this thread since 2011. after year 2011 ended, property prices have not gone down. ok now is 2012 and DDD keep saying property prices will go down. after year 2012 ended, property prices still have not gone down. ok now is 2013 and DDD keep saying property prices will go down. WTF ler.huhuhu. Like dat every year keep saying the same thing but it didnt happen. What happened was this: PROPERTY PRICES GONE UP.

I am glad to state a few props here FROM DEVELOPERS (not subsales) have gone up. These are not recently launch phases but the exact ones launched before and price was increased:

1) nadayu 92
2) elements@ampang
3) tropicana metropark


How about you DDD guys? Show me la at least 3 props from developers that have gone down in price.

I am just stating the facts here. If I believe that propert price will go down, I will say it out loud. But from current scenario, I seriously dont see how that could be the case

This post has been edited by AMINT: Jun 4 2013, 01:54 PM
AMINT
post Jun 4 2013, 02:59 PM

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QUOTE(takeshi99 @ Jun 4 2013, 01:57 PM)
LOL BRO.. I know how u feel.. my dad too told bubble will burst in 2008.. wait son.. then 2010..same advice wait son.. now..dad THE BUBBLE DIDNT BURST LEH!!!!
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Hehe. Thats why la. My bro last time said the same thing. Now joining me buying every year. tongue.gif anyway i didnt wanna put recent launches there. If i put recent launches, i think i can state a lot already on the new phases that increased in price as compared to older phases. I just put same phase but increased in price to state WHERE GOT PRICE DROP? Gila ka ape orang yang cakap price drop. Buta ka? Depan mata sudah ada bukti maaa
AMINT
post Jun 4 2013, 05:10 PM

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QUOTE(tikaram @ Jun 4 2013, 04:48 PM)
i gave another view to balance up

developer
1) more time/ busy to " promote"  it.
2) spend more money on marketing
3) offer better this and that dibs la, discount la .....
4) more dirty ways
5) need to launch more faster eg using option sales. Even before VP obtain

etc

etc.
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Talk3 but no isi. Give examples la which properties prices already gone down.
AMINT
post Jun 4 2013, 05:19 PM

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QUOTE(tikaram @ Jun 4 2013, 05:16 PM)
this one some one pay a bit cheaper la.
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This one subsales. Must obtain from developer.which developer drop the price...
AMINT
post Jun 4 2013, 06:01 PM

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QUOTE(tikaram @ Jun 4 2013, 05:44 PM)
it only need 1% increase in BLR  to create fire sales with so many vacant units. tongue.gif
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At current economic status, it wont happen like that ler. Come on. Dont simply say.
AMINT
post Jun 5 2013, 12:13 AM

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QUOTE(joeblows @ Jun 4 2013, 11:29 PM)
Prices has gone down from subsales right? Or are you still denying it?

Why look at developers? They have strong holding power. Stronger than you, anyway, since they have a fat profit margin.

By the time developers start reducing price from launch price - you will be in too much deep sh1t to worry, as a speculator.  tongue.gif
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well i am.not denying bro. Dunno why all my props keep increasing in price while DDD camp keep saying price went down. Dunno if i am just lucky or really price hasnt dropped.
AMINT
post Jun 5 2013, 01:04 AM

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QUOTE(ManutdGiggs @ Jun 5 2013, 12:15 AM)
Just tat some r not so lucky. Well done bro. If u think u can, u can. And u hav done it. Too bad for some believers in ddd.
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Ya maybe la. I also didnt wanna point out subsale price earlier (even though mr.joeblows bashed me for doing so) because all the subsales i have all increased in price. So i just quoted the same units from developer also increased in price, apatah lagi for subsales for good props. I think the difference here is good props vs bad props. Bad aka tahi props of course dont have good demand. Good props do. I am getting irritated by agents who keep calling me to sell some of my props and i can tell u the price that they r offering keep increasing month after month.
AMINT
post Jun 5 2013, 02:10 AM

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QUOTE(Dern @ Jun 5 2013, 01:12 AM)
poor you, "irritated" by "agents" calling you. you sure those agents didnt call you for any "service" ? coz some people they have mental problem, they want to believe what they want to believe, so when people speak to them on the phone, they also believe what they want to believe what that person is speaking...

no choice lah, some people are born this way... icon_rolleyes.gif

ya true, agents keep increasing price, but in actual fact, nobody want to buy...sometimes they agents have to do some drama a bit to push up the price, when in actual fact, majority dont even bothered to buy....that's why you notice some of them are so free keep posting BS things in lowyat...i mean that is also a way to lead their lived la, but it's really wasted.
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Well up to u on what to believe as i cant force u. The agents that called me have ready buyers. But i wasnt interested coz i know the value of good props can go even higher.
AMINT
post Jun 5 2013, 09:11 AM

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QUOTE(prody @ Jun 5 2013, 09:03 AM)
What are the subsales which increased in transacted price?
What is the difference between transacted price and asking price?
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The ones that increased in price for subsales: ayu series (setia alam) and nadayu 92. Those are based on transacted price, not asking price. Asking price is the price that the sellers are asking for while the transacted price is the price that the buyers have agreed upon. The developments i quoted were based on the props i bought and not from someone else
AMINT
post Jun 5 2013, 11:02 AM

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Aiya ape susah. I am sure if so pening, bnm will.print more money. Less value for our ringgit
AMINT
post Jun 5 2013, 11:03 AM

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QUOTE(prody @ Jun 5 2013, 09:44 AM)
Thanks. smile.gif
I meant to ask if the asking price for those developments is higher or lower now than the latest transaction price you have.
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I am talking about monthly basis bro. This is the updated one. Keep rising
AMINT
post Jun 5 2013, 11:22 AM

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QUOTE(katijar @ Jun 5 2013, 11:20 AM)
Aiya ape susah. I am sure if so pening, bnm will.print more money. Less value for our ringgit

-------------------------

after settling the loan/interest they continue to spend, then they have to get a higher loan (due to money losing value) and later on have to print more money to settle the loan/interest ... then spend - borrow - print money etc etc ...... this will lead to .... ???
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Yup this is never a good thing but this will most likely happen
AMINT
post Jun 5 2013, 01:50 PM

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QUOTE(prody @ Jun 5 2013, 01:34 PM)
Must sell at crazy price now, since next plan would be to rent for a while.
I'll only sell at normal price once my target houses also drop to normal price.

The problem is there are no buyers. smile.gif
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My normal principle: buy around rm400-600k. Anything i.buy above that i would expect a slow sale but bigger margin.
AMINT
post Jun 5 2013, 03:02 PM

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QUOTE(katijar @ Jun 5 2013, 11:28 AM)
Yup this is never a good thing but this will most likely happen

--------------

i am sorry? so what will happen at the end ... ?
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the more money printed, the more devalued it becomes. then inflation goes up.
AMINT
post Jun 5 2013, 04:35 PM

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QUOTE(pobox @ Jun 5 2013, 04:31 PM)
When banks start calling back their facilities, the market will crash.
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dont u think it is already bad enough now that banks only give LTV70% for 3rd house onwards? Still I dont see the aftermath effect just yet. If LTV70% is lifted, all hell will break lose on prop appreciation.
AMINT
post Jun 5 2013, 05:59 PM

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Sylar111 got crystal ball ka? Dont simply say 2014 property will crash bro. Later tak jadi then die wor people hentam u. I also cannot guarantee when. Of course one day it will occur but not for the time being.

This post has been edited by AMINT: Jun 5 2013, 06:00 PM
AMINT
post Jun 5 2013, 06:24 PM

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QUOTE(Steven83 @ Jun 5 2013, 06:01 PM)
Seriously, I still observing. Now Penang stopped to increase in price, but KL still rising I think. But we just need one zone bubble blow to trigger a chain effect. I don't think we should take lightly of any signal. Now I'm looking at Kuching, KL, Sabah too.
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I think when really crash, then we will see who is the true taikor that can just laugh while others will bleed. Most investors i know have reserves of a minimum of 1 year installment just in case.

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