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 V12 - Property prices discussion, For non "UUU" and "DDD" campers only...

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ManutdGiggs
post Jul 18 2013, 06:28 PM

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China still ok. tongue.gif


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Attached File  _2013.7.18__CN_June_Home_Prices.pdf ( 290.3k ) Number of downloads: 52
ManutdGiggs
post Jul 18 2013, 10:28 PM

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QUOTE(kh8668 @ Jul 18 2013, 10:18 PM)
欠管理费锁水禁停车 3大疑问待研判
» Click to show Spoiler - click again to hide... «

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Boss, I can onli describe those dare to buy or dare to stay but oso dare to hutang maintenance fee as farkers. 3rd world mentality is damaging the strata props by demanding top class service w/o paying. Wtf.

ManutdGiggs
post Jul 19 2013, 03:14 PM

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QUOTE(debbieyss @ Jul 19 2013, 02:48 PM)
I just wonder should I opt for aution units instead. The price is much cheaper...
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Some auc props being sold at higher than listed price. B careful
ManutdGiggs
post Jul 20 2013, 12:17 PM

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QUOTE(kidmad @ Jul 20 2013, 12:12 PM)
Sentul @ rM800k wor... if bubble burst the first one kena hit would be this kind of project leh... Mirage by the lake was nice as well.. but rm900k for a condo in cyberjaya.. that's very expensive..
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More ppl were toking bout 400k dpc dslh back in may 2002. But ended up all sapued. And thise complaining and laughing back then r now hiding.
ManutdGiggs
post Jul 20 2013, 12:37 PM

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QUOTE(kidmad @ Jul 20 2013, 12:21 PM)
but then they are competing with lotta other which is much more affordable. Imo what they are selling is lifestyle instead of a place to stay leh. Unless those cash rich old uncle also buys into it la. Else kinda hard to sustain if you are just asking Gen Y to buy em. rm800k you need a nett income of rm9k - 10k. Not easy leh.
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Tis I agree with u. I blif most buyers r thise looking to upgrade or buying for kids. Very few ll choose tis for investment. Or at least I wont.
ManutdGiggs
post Jul 20 2013, 10:12 PM

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QUOTE(kidmad @ Jul 20 2013, 10:02 PM)
Thanks for sharing accetera. Were you there to queue as well? Was it all sold out?
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I acknowledged the recent hot weather. But wonder wats it so hot bout tis fennel???

Buy 1 get 1 free kinda product??? Dun think so. Its no doubt vely near to kl city but at 800+k with 1+k sf, its a lil overpriced for sentul. With almost the same distance, royal regent look more promising thou I like the fennel design vely muchi.

However if its an almost sold out project, it mean many out there stil willing to fork out $$$ for props. With tis price tag I blif not many fliipers were in the queue.
ManutdGiggs
post Jul 20 2013, 10:29 PM

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QUOTE(kidmad @ Jul 20 2013, 10:21 PM)
Thanks for sharing hurmm.. Hope to know more about it as well. If they are really bringing up sentul area perhaps can really think about Sentul.. but not from YTL for sure...  tongue.gif  Bo lui for their project...
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However 700psf is not too expensive if its not in sentul. I dislike tis part of kl.
ManutdGiggs
post 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. sweat.gif

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. hmm.gif brows.gif

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. icon_rolleyes.gif
ManutdGiggs
post Jul 25 2013, 11:13 AM

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QUOTE(kochin @ Jul 25 2013, 10:10 AM)
veli lich and powderful frens u hv boss.
satu kali tikam 7 bijik.  notworthy.gif

actually veli dilemma also lah.
developer not much difference from any other businesses.

like char kuey teow.
if a customer order 100 plates, he will fry 100 plates for him and ask other customers to wait or come another day.

just like a developer would also sell 100 units to a single purchaser if the purchaser is able.

of course both scenarios also the seller should verify the capability of the buyer to pay lah.
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I'm not sure how he had gotten so many units when ytl announced onli 1 unit per head. As long as I know he was there with few relative to register under diff names. brows.gif Maybe ytl allowed 1 person to choose but few to sign??? rclxub.gif

Regarding capability, dev ll lose nothin cos they r able to resell at higher price if the spa is not signed. Further to tat, admin fee is oledi mentioned up front tat its chargable. So should not hav any arguement on tat. icon_rolleyes.gif

Well, I hav just met up a valuer chatting bout the market scenario. He was surprise to c the responce fr tis fennel as well. And I was told tat quite a number of valuers r now getting some extra pocket $$$ to sign off higher value for the sellers. So its not surprising if the market kaboom, banks might start to take legal action on valuers if the valuers r appointed by them. sweat.gif


ManutdGiggs
post Jul 25 2013, 11:14 AM

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QUOTE(cybermaster98 @ Jul 25 2013, 10:57 AM)
Question to all:

Do you think there is going to be a major property slump in Malaysia sometime in 2015-2017? Please give your reasons.
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Onli minor in 17/18. Share market ll react 1st icon_question.gif
ManutdGiggs
post Jul 25 2013, 11:33 AM

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QUOTE(cybermaster98 @ Jul 25 2013, 11:18 AM)
Based on what reasoning?
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Dev might b over confident now with the launching price. Eventhou I dun touch resi, but I can feel the pain with some of the highly priced resi. sweat.gif

Commi, no prob. U ll c more chain retailers either local brands or foreign brands renting. Its just the matter of roi. Could b as low as 3%. Unless the loc is very lousy.



ManutdGiggs
post Jul 29 2013, 01:15 PM

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QUOTE(AmayaBumibuyer @ Jul 29 2013, 01:09 PM)
Anybody heard this? Diesel is missing all over Malaysia.
And what type of gasoline do the machinery that works on property? Diesel right?

This is a precursor to increase in diesel price ladies and gentlman.... and I guess property will go down???? I mean I want to hear from people who say that property is going to go down camp. Is it possible for property going down?

IMO this is infaltion at its best. Property is going up because of cost push inflation AND combine with demand pull inflation, be realistic.

Chicken goes up, fish goes up, vegetables go up, sugar go up and only property goes down?

Hmmh another point talking about economy, during the 2008 crisis in the US, interest rates went down to almost 0%. But some of us here are arguing that property price will go down because we cant service the loan due to increase interest rates, therefore more default.Learn from US, Japan etc..but really? Let say the economy is really in a bad shape in Malaysia, are we going to increase intrest rates? But then US didn't do that.

My take is always, Malaysia is different from the rest of the world. But the negative thinking people will say...just wait, Malaysia will crash soon. Dont buy anyhthing yet, learn from US, detroit, japan..bla..bla..bla. Well, they can keep on waiting.
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Yes diesel is being speculated to shortage. To b fair, maybe props is not goin up, but rm goin down.

ManutdGiggs
post Jul 30 2013, 08:53 PM

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QUOTE(Martinis @ Jul 30 2013, 08:52 PM)
I was wondering if the weakening ringgit means that one should invest or stay invested in properties as a hedge for further inflation. Am my thinking right? Why should property investors sell their props and keep RM which is depreciating?
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Quite true
ManutdGiggs
post Aug 5 2013, 06:50 AM

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QUOTE(WonPeter @ Aug 5 2013, 03:41 AM)
hmm am I wrong sad.gif ? but so far this is the information I know sad.gif
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I guess Dev must b making lotsa $$$ tat allow them to hire so many of the fake buyers. Market must b doin real gd to imply tis marketing strategy thumbup.gif
ManutdGiggs
post Aug 12 2013, 09:17 AM

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QUOTE(Martinis @ Aug 12 2013, 09:07 AM)
You know what, you are absolutely spot on! Property prices up a few years keep whining. Cars have been a bubble since god knows when. You see the number of expensive cars like city, civic, accord, vios, forte etc. Yes, those are freaking expensive cars for Malaysians. Notice I did not even mention the BMWs and the Merc. Those are astronomical in terms of Malaysian's level of income. Yet, Malaysians happily drive them. No complaints, man. Got lah, got complain, but nothing one, accept it and move on lo. The same thing with property, complain lah, but nothing much can be done lah. want to complain, start with the car first...persevere until you get the prices down..then only target property...

Relative to cars, Malaysian property should go up another 200%. Then, we can justify the car prices.
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Prob with got face onot ma. Many young kids driving luxury cars picking up leng lui. Whereas there r minority of down to earth ppl drive lauya cars collecting rental. hmm.gif

Of cos, its not an advise to many ppl to buy now. The arguement might go back to yrs ago tat 1 should not hav waited to invest in props. And who would guarantee the market ll goes up or down with onli some crap analysis. If the charts shown tat PIGS is goin 6 ft under, then who r those tat oso missed the boat in KLCI in the recent GE??? Facts shown tat ajibkor is palia 1, but many make handsome profit in KLCI. rclxub.gif

Noone can guarantee a market crash or boom with some articles which reflected personal "I THINK SO". Just buy or sell if u think u r comfortable with the decision made. thumbup.gif


ManutdGiggs
post Aug 12 2013, 09:25 AM

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RM weaken can help in CPO export. I blif there r some CPO company laughing to sleep tis few wks.
ManutdGiggs
post Aug 12 2013, 12:31 PM

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QUOTE(icemanfx @ Aug 12 2013, 12:04 PM)
CPO is priced in MYR not USD.
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A weak ringgit also helped support palm oil by making it cheaper for overseas buyers. Phillip Futures analyst Sim Han Qiang said the weakening ringgit could be due to the country's foreign outflows which were the highest among Asian currencies after the Indonesian rupiah and Indian rupee
http://dawn.com/news/1033025/palm-oil-post...ise-in-7-months

FYI

This post has been edited by ManutdGiggs: Aug 12 2013, 12:32 PM
ManutdGiggs
post Aug 14 2013, 09:13 PM

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Market is darn bad?!? Unemployment rate stil no sign of recovering?!?

But last few wks many investors many lotsa $$$ in stock. And I blif, those who dare to gamble ll turn out to b winner in some ways. Same here for props. Too much of reading ll blind blind blind and stop u fr taking the next step.
ManutdGiggs
post Aug 15 2013, 11:05 PM

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QUOTE(AppreciativeMan @ Aug 15 2013, 04:18 PM)
Don't say like tat....... Where got everyday (at least for me.... Not sure some others ya)......  tongue.gif  tongue.gif
And u dont hear those pub music 1km away...... Yes, u can hear it if it is huge crowd erupted noise even 1-2km (depending the eruption level) away..... Think abt it, if its stadium concert music, 1km I think maybe one can hear it..... Again crowd erupted noise and hearing music is definitely 2 different things ya....  tongue.gif  tongue.gif
Why I'm so sure? I do stayed in Tmn Desa which it's around 1-1.2km away from SG without tall building blockage.....
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Bro, it's possible u hear a vely vely soft noise 1km away. But need to b very sensitive to sound lo. tongue.gif

And just when u close the window and on the air cond, I blif u hear air cond sound 1st or no more 1km noise since windows r closed. For me, once I close my window, I can't even hear any noise even during heavy downpour. Not even fr my roof cos it's double layer sound proof. So it depends on how u wanna argue the point. But I doubt many ll sleep with windows open eh. biggrin.gif
ManutdGiggs
post Aug 17 2013, 11:08 AM

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QUOTE(EddyLB @ Aug 17 2013, 08:49 AM)
I notice the last few weeks, got some fella go to the FD thread and question the low return. Then got another fella go to the unit trust thread and question UT has lower return than property. Now we have another fella here question property if don't appreciate for 5 years then FD is better.

Why don't people give benefit of doubt to others they know how to invest ?

There must be people who go to motorcycle enthusiast forum and compare the safety of motorbike against cars  doh.gif
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+1. Too many economists wannabe.

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