we enjoy the nice and sweet fruits years ago
we still can get good fruits nowadays but just need to spend more time to find out

we have people showing how rich they are.

again!

Wow...... Suddenly feel like I'm in the "The Three Kingdoms".......



This post has been edited by AppreciativeMan: Aug 21 2013, 10:29 AM

Morning all!!!

Better buy property which is safer than stock. Badly burn. haiz...

This post has been edited by Seremban_2: Aug 21 2013, 10:26 AM

fact. rich = billion

but we have many case, people buy stock get rich.


we got many built and sell property get rich also.


not many case, people buy property, invest property get rich.

This post has been edited by tikaram: Aug 21 2013, 10:36 AM

Sorry to hear that, bro.

Property and stocks are two different games. Not necessary one is better or safer than another.
I made quite good profit in the past few months.

Yesterday's blood bath dragged down the overall value of the portfolio. But it was also an opportunity to grab some bluechips at discounted prices.
Just wait till this afternoon session.

Oppsss.. wrong thread.

sorry to hear that, one day you will enjoy your profit

Very soon you will see ppl burn in property.

880K
870K
800K
738K

very early in 2011

This post has been edited by UFO-ET: Aug 21 2013, 10:55 AM

Possible. It happen everyday since 1997

Abandoned project - Burn
Delayed project - Burn (PD condos)
Shoplot can't rent out - Burn
Factory lot land settlement - Burn
Land - illegally changed ownership - Burn
Compulsory Acquisition Act - Burn
Tower / condo collapse - Burn
Landslide / Flood - Burn
lynas / Incenerator project - Burn
etc etc

It is indeed quite risky if one dun do a detailed survey.
Fr my experience, at least 10 areas need to be assessed before buying a new / subsale property

This post has been edited by UFO-ET: Aug 21 2013, 11:07 AM

KNS you got 4 there

6 in total, all sold
all share share with buddylah

Frankly, I am not the type of person who wish to see recession or whatsoever. I am a stock market investor and I know how relatively easy to make money in bull market compare to bear market. Anyway, as a matured adult, we have to see things rationally. 60% of the household in Malaysia earn below RM3K. You think the current property market price can sustain?

Foreign funds are flowing out. Currencies depreciated. BNM has no choice but to raise rates in very near future. That's the time pain will be felt by 'investors'. Bear in mind, this is just the start of feeling the pain. Burning will occur when slowdown or recession strike. Most of the people now is taking 30-40 years loan. Do we need that long to see another recession?

Asian specially Chinese perceives "Real Estate" different fr the Western, real estate is a symbolic of wealth to many Chinese tycoons, they buy and keep for generations
Oversupply already exist, but how much oversupply will lead to bubble burst? No one know

Assuming KV has 100 households,
1. How many supply of houses would we consider bubble? technically we say 101 units, but in reality, does it means that? I may need a house for own stay, another for vacation purpose, 80% of my fren (Chinese) around me plan to buy additional house for their kid(s)
2. How many supply of houses would lead to bubble burst? Everyone has different answer

No one know...

This post has been edited by UFO-ET: Aug 21 2013, 11:20 AM

You are a very experienced property agent. You will know out of 100 buyers, how many of them are tycoons, and how many are ordinary household.

Bro you got a lot of good points there.
It had been shared by some others here as well.

Just to let you know, this is an unique thread.
For saying that, u will be placed under DDD camp, and it is assumed that:
1) u missed the boat so now u are a sourgrape and 'jelly' others making $$$
2) u cannot afford to buy properties so complaining price is high
3) u are such a negative person
4) u are exaggerating on the situation.

Pick you choice. The truth doesnt matter.

Some common response to be expected.
1) u studied too much. Big bosses usually dont go schools one.. I dont understand yur technical jargons, but that only meant I am the boss.
2) i claim I made so much money in the past few years. so u are wrong.
3) i assume u didnt made money in the past few years. so u are wrong.
4) malaysia economy is different compared to the other
5) malaysia properties still cheap compared to New York, Hong Kong and Singapore!

Whew.. that summarized a lot and saved you guys from a lot of typing, didnt it?

u are very experience property agent.

do you understand what is call elasticity of demand and do you even hear elasticity of speculative? go read that kaldor book.

LOL. he said he FINISHED both of us.... i really dont understand what he said.

We are adults, we talk based on facts. Only kids talk based on opinion.

Ya lor. we are all FINISHED!!


I think he plays too much Mortal Kombat. Finish Him!!!