V11 - Property Prices Discussion, Intelligent debates only pls
V11 - Property Prices Discussion, Intelligent debates only pls
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Jun 4 2013, 03:25 PM
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#1
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1,801 posts Joined: Aug 2012 |
As far as I know after GE till now....... Contractors and developers that i know are moving forward, getting more busy...... Will the price drop?.....
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Jun 4 2013, 07:29 PM
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#2
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QUOTE(tikaram @ Jun 4 2013, 04:48 PM) i gave another view to balance up Since u speak more politely I'll reply......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. What is there to balance? What's most important is end result..... Regardless developer is busy promoting, marketing, offer better discount or whatever, if the end result is project sellable......U think price will still drop? Jus ask yourself, a DDD also buying (well, regardless it's selective or not, it's still a demand in market) what else will a NNN (Neutral) and UUU do? Oversupply? Maybe yes, but so what? Once again I repeat..... I'm not a supporter of UUU, but I'm a realistic person, I'm more of NNN. I never deny price is high, but nobody can guarantee price will drop (unless u regard slows drop).... Not to mention how much it can drop.... What if its from now, 600psf, it went up another 20%, which equivalent to 720psf.... Then it starts to drop.... But drop how much? 5%? 10%? 15%? 20%? How sure? If it drop only 15%, u may be correct it dropped, but u still need to buy higher price.... |
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Jun 5 2013, 03:27 PM
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#3
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QUOTE(EddyLB @ Jun 5 2013, 02:21 PM) As i was a active forex/commodities/indices trader years before, i came to know there are so many self claim professional trader.... And these are what they use to say......"100 is the resistant level, if the resistant break it will goes up higher, if not it will come back to test the support." "The next resistant after 100 will be 102, then 104, followed by 106" "The XXX economy data show that the market shld trading in the range of 95 to 105" And etc........................ But my reply is always the same, "Jus give me an entry price, profit target, cut loss point." And that's jus what i wants to know.... If not there is no point for me to listen to your 'professional story'...... Prop price crash? Lots of data showing sign of it? Yeah.... Tell me When? Crash how much? If not, what can I do, wait? Wait how long? And the next last question, "What if it didn't crash, and it went up?" U'll never get these answer dude....... This post has been edited by AppreciativeMan: Jun 5 2013, 03:28 PM |
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Jun 5 2013, 03:59 PM
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#4
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1,801 posts Joined: Aug 2012 |
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Jun 5 2013, 04:08 PM
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#5
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Jun 7 2013, 04:16 PM
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#6
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Wow.... This thread running real fast.....
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Jun 7 2013, 04:21 PM
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#7
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QUOTE(ManutdGiggs @ Jun 7 2013, 10:51 AM) Hav.... The buyer himself answered.... He insist anything below 500k is a good buy, doesn't matter wat psf....Now he MIA for quite a while already.... I think busy searching prop below 500k..... Don't be surprise he suddenly appear with 450k shoebox (450sf) prop purchase.... 1kpsf also doesn't matter.... |
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Jun 7 2013, 05:11 PM
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#8
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Anybody knows economist.com created how many millionaires annually?
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Jun 7 2013, 11:29 PM
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#9
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Jun 7 2013, 11:44 PM
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#10
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Jun 8 2013, 12:11 AM
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#11
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Jun 8 2013, 12:14 AM
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#12
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QUOTE(icemanfx @ Jun 8 2013, 12:04 AM) How certain are you the price will double in 5 years? How many people could afford to buy at that price? 5 yrs ago ppl says the same statement.......10 yrs ago ppl also say the same statement... Almost every yr there are ppl say the same statement..... And every yr they'll say this time is different.... |
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Jun 8 2013, 09:58 AM
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#13
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QUOTE(icemanfx @ Jun 8 2013, 01:40 AM) All because loan tenure stretched from conservative 10 years to 20, 25 even 30 years. If Msia loan tenure is still only 10yrs, u kno wat people complaining long ago already?Given overall household debt is at alarming high level, BNM will have no choice but to restrict housing loan growth. Why Msia so back dated? Why Gov didn't make housing loan more affordable for everybody? And etc etc etc..... While a country developing, everything will start to change.... U won't get to see wat u see in the past, including debt..... Another similarity while a country developing, u'll see tight fights in political parties..... These are things u can never change..... In short, Live with the Circumstances. |
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Jun 8 2013, 10:19 AM
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#14
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QUOTE(kochin @ Jun 8 2013, 10:07 AM) Story telling time again. Fiction or not, you decide. Since u wrote, I'll add another 2 yet Malaysian.... 1. A Singaporean who comes to kl occasionally for business. About 3 or 4 times in a month. Bought damai in mk. When asked why, he asked back why not? It is cheaper than me putting up the few nights in M O everytime presendential suite. 2. An indonesian who bought mk props. Only comes like once a month or less. When asked why buy mk? He asked why not? I have many business associates i entertain. It is cheaper for me to house them in my unit than leasing hotel for them. Feel free to disagree. Plenty more stories. 1. From Johor, a businessman having business around in Msia's state.... Mostly travel with his wife around.... Bought numerous of property in different states, so he and his wife can stays there whenever they travel there.... When asked why? I'm making money on the place I stay instead of paying ppl. Averagely stays 4-6 days in a mth. 2. From Sabah, frequent traveller to KL, a businessman again. Asked why MK prop? Feels more secure and organize in MK environment. Averagely stays 8-10 days in a mth. This post has been edited by AppreciativeMan: Jun 8 2013, 10:21 AM |
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Jun 8 2013, 09:27 PM
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#15
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QUOTE(icemanfx @ Jun 8 2013, 07:43 PM) Investing property in China, U.S., Canada, Australia, U.K., Singapore, H.K., Thailand and Jakarta yield a better return and has lower risk. Thailand, Indonesia, China lower risk???Initially I thought u don't kno abt MK prop...... Then I realize u don't kno abt prop....... Now I realize u don't kno abt your direction...... The end. |
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Jun 10 2013, 10:31 AM
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#16
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One of the greatest statement I learnt from my mum since young is this, don't "Got mouth criticize other ppl, no mouth criticize yourself" (direct translation from hokkien).....
In short, one example here now..... if u yourself is blowing water here, don't criticize other ppl blowing water here.... Signnnn..... This post has been edited by AppreciativeMan: Jun 10 2013, 10:32 AM |
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Jun 10 2013, 02:02 PM
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#17
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QUOTE(tikaram @ Jun 10 2013, 10:41 AM) How DDD blow water ? U mean your challenge represent all the DDD? All DDD don't blow water, only all the UUU blow water? Make sense????I show...... my boarding pass showing went to burma wo... I show bank statement got that money wo... i challange them to accept my challenge wo....... all of them showing nothing wo.... just like Icemanfx challenge that guy wo......he/she is poorer and possible know less than Icemanfx and yet saying people know nothing tax la, property la, economy la.... aiyo. u boleh tahan with people like this meah? please take the challnge la ... show who better let us judge.... don't have no ball like the amint , zuiko and that guy. I will not said you blowwter after that one....but need to show us/take the challenge first. OK? Are not youi saying I didn't go to burma? I show you I have boarding pass to burma, So how your this? am i theory man? or u just blowwater on your 27 may 2013? ------------------------------------------------------------------------------------------------------- AppreciativeMan post May 27 2013, 11:39 AM The difference between Theory man & Practical man: Theory man, "Let me show u this report, that news.... U read this, u read that....." Practical man, "Let me show u around, u see by yourself" When asked why u didn't go invest since its sooooo good? Theory man, "No la, I'm busy here, I got commitment here, I got........ etc" - 101 reason and excuses he can't go. Practical man, "I have went and checked, i hav found out that it is not as easy as it seem..... etc" - Physically went survey and checked since its so good. Only kids receive education from Theory man..... Adults need education from real experience Practical man. Only Theory man believes in news, reports and etc Practical man believes only in real experience, see it by own eyes.... --------------------------------------------------------------------------------------------------- This is a forum, cyber world..... I bet most ppl hav not kno each other or hav not met each other before...... Hence u making a challenge to the forummer here u do not kno who u talking with, wise challenge? U hav shown that u don't trust other forummers identity, but now u expect other to trust what u says or show? Isnt it ironical? Not too sure abt whats your mentality, but who will wants or bother to challenge u for nothing? Jus to prove what they say in forum is true???? Even now u place a million dollar bet, ppl will still dont believe, ppl who really believe will be naive...... This is cyber world. Whether u theory man or practical man I do not kno or I do not wish to kno too.... I wrote it for the sake of highlighting it only.... I hav said before, such forum discussion is only for me to gather certain information, I'm not here to learn anything.... Thou there may be some real successful ppl in this forum, but I won't spent my time guessing here, I choose to learn from ppl i kno in real. Anyway, this will be my last post on property unrelated subject. |
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Jun 10 2013, 02:19 PM
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#18
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QUOTE(tikaram @ Jun 10 2013, 02:09 PM) please don't leave.... we need your input here la..... Jus to add......I said most la.... not all....... I dislike when u said.i am theory man and never go to Burma and make such statement ma..... i indeep went to buma wo...so i prove that i am not theory man but practical one la.... so i just highlighted you could be blow water only.... if you never blow water...said la... no need so emotion ma. Quote: "Most, have very little knowledge. Most, have lack of strong hand on experience and they will remain failure......Most of them just blow water here...." I will still be reading.... I'm not emotion, Be Happy is my way of life.... Jus feel nothing positive in debating already... Quote: "It is not about how much u kno, it is about how good are u at the things u kno." |
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Jun 17 2013, 11:45 AM
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#19
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Cant deny 90% LTV on sub sales prop (even with 30 loan tenure) are hard to have positive cash flow these days.....
@debbieyss, u may hav to look into the bank valuation of the prop. Lower valuation means u hav to cash top up the difference.... |
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Jun 17 2013, 12:21 PM
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#20
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QUOTE(mrchipsley @ Jun 16 2013, 11:04 PM) it's true, but it seems that such people majority comes from those in up up up camp ? UUU CAMPER Wasting time in prop discussion forum? in fact, their sentences always give me the idea that they are here to waste their time while taking the opportunity to brag for the fun of it. probably out of job. and more importantly like one of the guys said, successful people wont even brag about their success, but the guys here brags everything.....most likely, it is hard to even believe that they own any property. but i have to admit, they are good at issuing scarcastic statements...and pushing down people. i have to admit those people like tikaram or rooney, their words does makes sense more... UUU camper came for info or promote prop in prop discussion forum.... Easily understood. So wat is DDD doing in prop discussion forum since they despise prop now? Time well spent for DDD? |
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