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 V11 - Property Prices Discussion, Intelligent debates only pls

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siakap5
post Jun 11 2013, 10:06 PM

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QUOTE(icemanfx @ Jun 11 2013, 10:00 PM)
Almost anyone e.g. obasans and students may make profit in the bull run (e.g. property, stocks, gold, etc). However, only the savvy few escape recession.

Those who were caught in 1987, 1997 and 2008 (in the U.S and Europe) can tell, what you made in the bull run won't be enough to cover the losses.  shakehead.gif  shakehead.gif

Given income is not rising half as fast as house price and increase in housing supply, current house price is not sustainable.
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siakap5
post Jun 20 2013, 05:04 PM

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QUOTE(Rooney1985 @ Jun 20 2013, 11:35 AM)
RM is down against most major currencies (US, AUD, NZD, SGD, HKD)... Hmmmm... wonder whats going on... LMFAO!!!!
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Malaysia indeed very weak to attract FDI ..... is getting weaker and weaker . the reason is very obvious . doh.gif
siakap5
post Jun 20 2013, 05:22 PM

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QUOTE(zuiko407 @ Jun 20 2013, 05:15 PM)
Mr. Wayne, don't buy, keep the money...
malaysia will collapse soon  thumbup.gif
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not sure collapse or not but bloody weak la Malaysia .
Boleh only the slogan but mostly TAK BOLEH tongue.gif
siakap5
post Jun 20 2013, 06:59 PM

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QUOTE(icemanfx @ Jun 20 2013, 05:57 PM)
There are other opportunities available that are lower risks and better return than property market in Malaysia. For property, prefer to buy when and where the market is down.
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relatively and generally I can say property investment is very much better than gold or stock ! very firm with my statement here . forget about gold and stock at all ..... forex can be also very volatile

That's my experience and this addiction to property really kicks ........ tongue.gif
siakap5
post Jun 20 2013, 07:02 PM

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work hard and smart ... made saving $$$$$ and invest in property ...
hmm ... sell some buy BMW la ....... apa you mau lagi bang smile.gif
siakap5
post Jun 23 2013, 01:43 PM

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QUOTE(lucerne @ Jun 23 2013, 01:26 PM)
agreed. when i live in shanghai 11 year ago, there are only 2 lines. shanghai mrt planned in 1986 and line 1 start 1995 and line 2 start 2000. initially not many ppl took mrt as it cant reach many places. but now sh mrt will have total 20 lines (2 undercon, 6 planned, current =12 lines), u can see more n more ppl took mrt to travel (coz very good connections). sh prop booming many years ago becos many know mrt will locate nearby their area n they can go anywhere in the city with mrt. most of the stations are within walking distance in the centre city, if not u can take short distance bus to mrt. (max 3 stops).
note: sh is world number 1 in term of distance (total 1000km).

they took them 10 yrs to begin 2 lines (from plan to operation), and they open 10 more lines at one go abt 7 years ago (before olympic 2008, sh expo 2010)
many executives do not want to own a car n use all $ to buy house instead. so their current apartment costs is equal to KL condo price + car costs (price + maintenance)

i think kl will be the same in future (maybe 15-20 yrs later??), ref to sh from line 1 in 1995 to 12 lines in 2007 (total 12 years)
1. prop in kl city (within mrt radius) will up, the closer to the city centre (with more mrt lines choices) the higher the increases. good to buy klcc prop now??
2. ppl will travel with mrt, some only use car in weekend (eg japan, hk, singapore etc) for leisure.  majority dun own car. (bad for proton? maybe proton oni for outside kl market, 2 -3 tier cities)

kl may not need so many lines as population cant compare with sh (20mil now but sh city centre are is much bigger than kl city centre). i think 5-6 lines can cover the whole kl.
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Bro..... I hope we can acheive it like china. But unlikely. Look at our G ....... only talk n cant perform. A good country especially city need a very low crime rate to be successful. Relatively kl has higher crime rate but the G deny it. U cant compare us with sh. Simply bcoz we r at different league. Lower rate . Dont compare apple with pineapple. China had more than 5000 yrs of culture n evolution. Bolehland more about own pocket. Mrt long way to go with plenty of controversial along its development. Dont put too much hope ........ look at klia 2 .
Cheers


siakap5
post Jun 23 2013, 01:55 PM

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QUOTE(tigana @ Jun 23 2013, 01:50 PM)
And when they have built enough MRTs and LRTs, the govt will charge you money to enter KL by car - like Singapore, to force people to use public transport ...... hahaha just joking.
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No joke .it can happens.bolehland managed by a lot of non capable jokers


siakap5
post Jun 27 2013, 10:52 PM

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prop over gold .... anytime , anywhere , period !
siakap5
post Jun 27 2013, 10:57 PM

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QUOTE(worgen @ Jun 27 2013, 10:56 PM)
What is the bottom price? icon_question.gif
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you need to ask a fortune teller .... is he the one ? drool.gif

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