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V12 - Property prices discussion, For non "UUU" and "DDD" campers only...
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zuiko407
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Jul 21 2013, 11:27 AM
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QUOTE(mois @ Jul 21 2013, 11:11 AM) Today RM600k. 2014 RM750k 2015 RM700k I bet if this scenario happens, during 2015 many people will say 'you seeeee!!! property market crash already! told you liao'. The problem is they're happy to pay 700k in 2015 rather than 600k now
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kidmad
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Jul 21 2013, 12:42 PM
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QUOTE(zuiko407 @ Jul 21 2013, 11:27 AM) The problem is they're happy to pay 700k in 2015 rather than 600k now base on their logic it's drop 50% la...  RM750k selling at RM375k. dream on for em. haha
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zuiko407
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Jul 21 2013, 12:49 PM
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QUOTE(kidmad @ Jul 21 2013, 12:42 PM) base on their logic it's drop 50% la...  RM750k selling at RM375k. dream on for em. haha Wow! If keep dreaming like that will never buy in their life
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kidmad
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Jul 21 2013, 01:00 PM
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QUOTE(zuiko407 @ Jul 21 2013, 12:49 PM) Wow! If keep dreaming like that will never buy in their life that's the reason why everyday debate here lor..
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SUSAmayaBumibuyer
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Jul 22 2013, 02:32 PM
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It is not about good luck and timing too. 2010 u guys still talk about bubble right?
It was a judgement call for me. I took the risk and bought the apartments becuase bubble was not making sense to me back then given the information that I have, and I dont think there is one now.
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kidmad
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Jul 22 2013, 02:36 PM
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QUOTE(AmayaBumibuyer @ Jul 22 2013, 02:32 PM) It is not about good luck and timing too. 2010 u guys still talk about bubble right? It was a judgement call for me. I took the risk and bought the apartments becuase bubble was not making sense to me back then given the information that I have, and I dont think there is one now. bro to say there is no bubble that's not true.. bubble is building up everyday it's whether can the market still support it.. Looking at the progress right after election... it isn't really a good sign man... but to have it blow out of a sudden it's impossible la. let's monitor the subsale market. as long as the subsale market is still going on.. we are safe.. but the moment the sub sale isn't moving then we would need to be really cautious by then. again if you buy within your capability your gonna be safe.
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Nomos
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Jul 22 2013, 02:45 PM
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Getting Started

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QUOTE(kidmad @ Jul 22 2013, 02:36 PM) bro to say there is no bubble that's not true.. bubble is building up everyday it's whether can the market still support it.. Looking at the progress right after election... it isn't really a good sign man... but to have it blow out of a sudden it's impossible la. let's monitor the subsale market. as long as the subsale market is still going on.. we are safe.. but the moment the sub sale isn't moving then we would need to be really cautious by then. again if you buy within your capability your gonna be safe. I concur with this - proceed but with great caution. Dont be overzealous.
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SUSAmayaBumibuyer
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Jul 22 2013, 02:49 PM
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QUOTE(kidmad @ Jul 22 2013, 02:36 PM) bro to say there is no bubble that's not true.. bubble is building up everyday it's whether can the market still support it.. Looking at the progress right after election... it isn't really a good sign man... but to have it blow out of a sudden it's impossible la. let's monitor the subsale market. as long as the subsale market is still going on.. we are safe.. but the moment the sub sale isn't moving then we would need to be really cautious by then. again if you buy within your capability your gonna be safe. yeah the correct word should be I believe, if there is a bubble, it will not burst soon or at least this year. I dont see it happening this year. 2010 how many people convince me not to buy property and saying there was a bubble and how many people I tried to convince to buy Amaya with me but they didn't take it? roughly 10 person. I didnt want to buy Amaya alone, it would be nice to have somebody I know bought with me. But none took the offer because of the bubble rumors.
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erni3
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Jul 22 2013, 03:15 PM
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Definitely market kinda over-gearing now. Doubt market will crash, just slow down and stagnant for a few year.
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SUStikaram
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Jul 22 2013, 03:30 PM
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stagnant stages is dangerous.
its just need some negative "things" to trigger that hard landing.
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kidmad
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Jul 22 2013, 03:40 PM
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QUOTE(tikaram @ Jul 22 2013, 03:30 PM) stagnant stages is dangerous. its just need some negative "things" to trigger that hard landing. stagnant is good.. It gives us a better chance to plan and prepare.. it's uncertainty which generates risk. I wish government would set a cap to property appreciation... those appreciated 200% or more is way beyond reach imo. If government would cap the appreciation base on the original purchase price the bubble would be controllable and it would not encourage speculation..
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vectorian
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Jul 22 2013, 03:41 PM
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http://www.starproperty.my/index.php/prope...s-last-weekend/Hmm.. maybe times are better now or we underestimate the number of well-to-do folks in Malaysia?
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erni3
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Jul 22 2013, 05:12 PM
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QUOTE(AmayaBumibuyer @ Jul 22 2013, 05:00 PM) And yeah and how can stagnant be bad? You want it to go up forever? Yeah cant always go up.. totally agree with bumi kor
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SUStikaram
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Jul 25 2013, 08:43 AM
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QUOTE(kidmad @ Jul 22 2013, 04:40 PM) stagnant is good.. It gives us a better chance to plan and prepare.. it's uncertainty which generates risk. I wish government would set a cap to property appreciation... those appreciated 200% or more is way beyond reach imo. If government would cap the appreciation base on the original purchase price the bubble would be controllable and it would not encourage speculation.. did i said stagnant is bad? I said stagnant is dangerous...example...see how long the economy in japan? ...long stagnant and what it has become now? This post has been edited by tikaram: Jul 25 2013, 08:44 AM
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SUStikaram
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Jul 25 2013, 08:58 AM
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http://biz.sinchew.com.my/node/78058?tid=6大馬5月出口跌5.8% 國際經濟情勢嚴峻,新興市場開始體力不支,原產品死氣沉沉更令“雙油”淪陷,大馬5月出口惡化,按年暴跌5.8%到553億7千萬令吉,低於預測,並連續4個月跌跌不休,明顯較市場預期的跌幅沉重。 May 2013 Export drop 5.8%... Export continue drop like for the past 4 months 2013 and expected continue to drop for 2013, further with no evident of not droping. . OMG!This post has been edited by tikaram: Jul 25 2013, 09:01 AM
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kidmad
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Jul 25 2013, 09:05 AM
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QUOTE(tikaram @ Jul 25 2013, 08:43 AM) did i said stagnant is bad? I said stagnant is dangerous...example...see how long the economy in japan? ...long stagnant and what it has become now? tikaram why would you compare a ciku with an orange again? Please get back to the basis use a benchmark which you can realistically compare with. btw you said stagnant it's dangerous... so in your definition dangerous = bad?
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SUStikaram
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Jul 25 2013, 09:17 AM
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QUOTE(kidmad @ Jul 25 2013, 10:05 AM) tikaram why would you compare a ciku with an orange again? Please get back to the basis use a benchmark which you can realistically compare with. btw you said stagnant it's dangerous... so in your definition dangerous = bad? okok spponfeed u. japan is good example for stagnant ma. a hot super sexy chick is generally dangerous in society. She is bad in the eyes of female but she is good in eyes of male. the same go to property.
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SUStikaram
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Jul 25 2013, 09:20 AM
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wow... OMG againRPGT could be 30% ... 3rd property LTV could be 40% .... got to pay cash? This post has been edited by tikaram: Jul 25 2013, 09:20 AM
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kidmad
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Jul 25 2013, 09:24 AM
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QUOTE(tikaram @ Jul 25 2013, 09:17 AM) okok spponfeed u. japan is good example for stagnant ma. a hot super sexy chick is generally dangerous in society. She is bad in the eyes of female but she is good in eyes of male. the same go to property.  Well if that's the way you want to play your words. Can't help. But again please go through the Japanese Economy and how the props had turned out to be today.. KV is no where near them. In Japan Execs would not be able to afford a home unless they are living an hour away from the main cities. In Malaysia? Please use a proper comparison.
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ManutdGiggs
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Jul 25 2013, 09:59 AM
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Anyway, by looking at the recent responce fr fennel, I think there r stil ppl chasing props regardless of gd or bad props. As long as the loc is OK then many r actually ready to kill it off. My fren bot 7 units by using diff names. According to him, due to limited time for choosing units, and oso afraid tat units chosen hav oledi been taken, they just make sure they point at wateva is the smallest size when its their turn. Reckon tis felo oso playing some flipping game which is no gd for the project. And he has started to call up some frenz to make kopi lui. Cash rich ppl stil many here. Just tat the strategies applied might not benefit the entire prop market in the long run. And the grey area is no dev is able to control the buyers fr buying more than 1 unit. The onli hope is the gov hav to make up the mind to amend the regulation to stop all tis nonsense. High LTV and high RPGT seems to b very gd tools now.
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