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Investment KL TRADERS SQUARE | FLORA RESIDENCY (PHASE 2), Kuala Lumpur has a New Lifestyle Estate

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icemanfx
post Feb 12 2016, 09:57 PM

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QUOTE(jolokia @ Oct 18 2015, 06:06 PM)
500-550K is current 2015 price, You think by 2020 can still get 500-550K easily or not ?

You can think if your boss pay you same salary until 2020 you still wanna work for him ??

4-5 years ago Property like this is 200-300K now can find any at 200-300K or not ?

Think future not think today as the house only ready by mid or late 2019.

Our currency keep shrinking expect thing keep getting expensive especially house.
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So you are one of those selling future price. How many units your bestest friends zukoi407, showtime747 bought?

This post has been edited by icemanfx: Feb 12 2016, 10:04 PM
icemanfx
post Feb 13 2016, 10:05 AM

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Malaysian Small and Medium Industries president Michael Kang said nationwide, the retail sector saw an average 20% to 30% drop in sales during Chinese New Year.

This trend was felt across a range of merchants selling Chinese New Year-related wares, such as fruits, clothing and prayer items. The trend started last year where merchants that sold festive-specific wares were also hit sales-wise.
The Malaysian Employers Federation (MEF) said in 2015, traders who invested in stalls for festivals, struggled to recoup their costs.

This was the trend for merchants in all major festivals in 2015 from Chinese New Year to Hari Raya Aidilfitri to Deepavali to Christmas, said MEF executive director Datuk Shamsuddin Bardan.

Merchants in Klang, a town with a large and diverse Chinese community, told The Malaysian Insider that they saw between a 40% to 50% drop in sales this year.

- See more at: http://www.themalaysianinsider.com/malaysi...h.rCpUzQL0.dpuf

jolokia you are very ong, traders in jalan gombak had a very prosperous sales.

icemanfx
post Feb 13 2016, 10:06 AM

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QUOTE(jolokia @ Feb 13 2016, 10:04 AM)
Haha ! I afraid they themselves may loss count how many properties they have on hand now.. laugh.gif
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You mean they didn't buy from you?

icemanfx
post Feb 13 2016, 10:19 AM

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QUOTE(jolokia @ Feb 13 2016, 10:11 AM)
Sales is brief last time i went, to my surprise most buyer whack the biggest & most expensive unit first, balance mostly smallet unit.

All this bosses in retail usually cry poor one lah ! Even in golden era they cry business no good, heard palm oil price is so good that govt waana reintroduce Windfall tax.. really gooding.. thumbup.gif

Icy how you Investment Fund sales ?? So free one recently i see you ??
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You are indeed very ong, the biggest & most expensive units are the bestest sale.

You mean if stamp duty don't increase, property sale is poor?


icemanfx
post Feb 13 2016, 03:15 PM

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user posted image
http://www.theedgeproperty.com.my/content/...ction-rm210-mil

jolokia more dead chicken for your property tycoon buddies zukoi407, showtime747

This post has been edited by icemanfx: Feb 13 2016, 03:16 PM
icemanfx
post Feb 13 2016, 04:26 PM

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QUOTE(jolokia @ Feb 13 2016, 04:08 PM)
Holly cow ! 210 millions is called auction !!

Icy the consortium you represent can whack or not ? 50M USD only.

Anyway KL Traders Square project really fast & furious, already seen like 10+ storeys structure completed, despite VP only on 2019-2020
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Blackrock is selling their kv property, you say other foreign funds will buy kv property or not?

icemanfx
post Feb 15 2016, 01:07 PM

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In the latest sign that Hong Kong’s property correction is deepening, a piece of land sold by the government in the New Territories sold for nearly 70 percent less per square foot than a similar transaction in September.

http://www.bloomberg.com/news/articles/201...vernment-tender

Price in land scare hk could plunged; how much kv land price will drop?

This post has been edited by icemanfx: Feb 15 2016, 01:48 PM
icemanfx
post Feb 15 2016, 04:15 PM

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Singapore New Home Sales Post Worst Start to Year Since 2009

Singapore home prices dropped for a ninth quarter, posting the longest losing streak in 17 years, as tighter mortgage curbs cooled demand. Photographer: Sam Kang Li/Bloomberg
Developers sold 322 units in January, down 16% from December

Annual sales of 7,440 units at half of level recorded in 2013
Singapore home sales posted their worst start to the year since 2009, as tighter mortgage curbs cooled demand in Asia’s second-most expensive housing market.

Developers sold 322 units in January, down 16 percent from the 384 units in December, according to data released Monday by the Urban Redevelopment Authority. While annual sales rose just under 2 percent to 7,440 units in 2015, it’s still half the clip recorded in 2013.

Singapore home prices dropped for a ninth quarter, posting the longest losing streak in 17 years, as tighter mortgage curbs cooled demand. An index tracking private residential prices fell 0.5 percent in the three months ended Dec. 31 from the previous quarter, according to data from the Urban Redevelopment Authority on Jan. 22. That took the annual decline in prices to 3.7 percent, almost matching the 4 percent drop in 2014, which was the first year-on-year slide since 2008.

http://www.bloomberg.com/news/articles/201...year-since-2009

You are ong in fire monkey year. Another property price drop in land scare city. How many sg bought into kl traders sq? How many SG investors will fire sale their kv property?

This post has been edited by icemanfx: Feb 15 2016, 04:17 PM
icemanfx
post Feb 17 2016, 08:47 PM

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PETALING JAYA (Feb 17): A three-storey bungalow in Gasing Heights, Petaling Jaya, which couldn’t find a new owner in the auction market saw its reserve price dipping to RM10.5 million in Dec 2015 from RM16.5 million in August 2015.

According to the online auction listing platform AuctionGuru.com.my, the freehold bungalow which went under hammer on Dec 14, 2015, however, remained unsold.

This seven-bedroom, six-bathroom bungalow with a land area of 29,622 sq ft has a reserve price of RM10.5 million, or an average of RM354.50 psf.

A recent listing dated Feb 4 in TheEdgeProperty.com shows that a three-storey bungalow in Gasing Heights with a land area of 30,000 sq ft has an asking price of RM27.8 million or RM926.70 psf.

http://www.theedgeproperty.com.my/content/...-price-drops-36


jolokia a dead chicken for you.

icemanfx
post Oct 17 2019, 06:37 PM

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QUOTE(bigman @ Oct 17 2019, 05:49 PM)
Why so many Lelong? To many lala buyers previously?
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Some claimed less than 10 units is very few, not worth mentioning.

 

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