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

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Rooney1985
post Jul 18 2013, 09:46 AM

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QUOTE(tikaram @ Jul 18 2013, 09:16 AM)
warming here....

u will come at a point some up up up camp saying this again in V12.
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- Anytime is a good time to buy

- Properties prices will always go up in the long-term

- The market cannot collapse because of demand from foreigners

- Mickey mouse units are the trend of the future
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read more here why they said that?  http://sg.finance.yahoo.com/news/property-...-151909308.html
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Rooney1985
post Jul 18 2013, 10:42 AM

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QUOTE(kidmad @ Jul 18 2013, 09:58 AM)
We are BACK! haha. Anyway Rooney back to the topic. Why would I claim it's rubbish regarding the corruption topic. It's because you said that we should stop buying because of corruption? So should we stop eating because of corruption? Should we stop going to shopping malls because of corruption? Should we stop buying cars because of corruption?

I'm just being rational and what you have just pointed out did not make any sense to me at all. btw I'm always chilling la.. No project currently.. my whole department sedang goyang kaki atm... have to chill and relax and waste some time debating with you folks.
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Wahlaueh... really dunno when to give up huh?

Actually when I was reading your statements (above) some one here came to mind... Amayayaya came to mind... he/she mentioned that he/she didn't buy a car because the prices too high... (due to corruption)... same principal applies... Again... the world doesn't revolve around you and different people have different opinions... Amayayaya don't like to buy house but buy car... others buy car don't buy house... no right or wrong... just what they do they think its right so they do it... that's all...

And your questions above are actually contradicting what you mentioned earlier... corruption is because people feed it... if you know you have to pay some bribes to eat at one shopping mall you'd still go? or do you find an alternative?... Hope you realise that you're own statements are going round in circles... Chill, relax and let it go man...

oh oh... here it comes...

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Rooney1985
post Jul 18 2013, 10:52 AM

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QUOTE(Selectt @ Jul 18 2013, 10:41 AM)
lol this i gotta agree. the first person, i hope to ban is ronney. seems like his every post has intention to crash the market.
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Unfortunately my posts does not drive the market... why so scared? Even If I don't say it doesn't mean it won't happen (or will happen)... relax la, make sure you're not financially overstretched then you won't be so uptight with negative news...

This is something I have yet to accept... my house bought in 2004 for approximately 900K+ is now asking for 2.5 - 3M+... that's more than 300% increase over 10 years... Wow!!!

Please don't waste time asking me where I stay, cos its very P&C ....

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Rooney1985
post Jul 18 2013, 10:53 AM

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QUOTE(iwin_wai @ Jul 18 2013, 10:46 AM)
Like. Subsales is the new potential now.  flex.gif  rclxm9.gif  thumbup.gif
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thumbup.gif agreed
Rooney1985
post Jul 18 2013, 11:03 AM

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QUOTE(kidmad @ Jul 18 2013, 10:53 AM)
Give up? That's not my tag line. Contradicting? My message is straight forward man... I'm just telling you if you are so holy and mighty might as well don't makan out right? Nearly all eatry shops have to pay them in order for them not to come kacau every week. Amaya is right.. the corruption for AP... local cars... dealers... are hell lot worst COMPARED to property. I just don't understand why you can't think straight and what to associate this to property?
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wow... very persistent... rclxms.gif

why because like I said in my previous posts (twice), don't expect everyone to accept your opinions and don't always think that you're right... you must listen to others sometimes and reflect on your statements and actions... Everyone has the right to their opinion... and its good to keep a broad mind... oh and to relax la... don't be so uptight.

Btw, you're assuming that corruption for cars is worst than property... biggrin.gif The statement I like best above is ... Nearly all eateries have to pay protection for them not to be kacau... WOW!!!! I think this can be labelled one of the biggest assumptions to date...

Sigh... okay la... you win, you win... corruption is fed by people (as stated by you), there is corruption in property (as stated by you) but corruption in cars is worse (as stated by you) but please do not stop buying properties (as stated by you)... I.e. its not okay to feed corruption through buying cars, but its okay to feed corruption through buying house... okay.

I accept.. please buy...

and to avoid being banned.... I hereby announce... boleh-land market will not crash... will only up up up...

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Rooney1985
post Jul 18 2013, 01:47 PM

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QUOTE(kidmad @ Jul 18 2013, 11:08 AM)
lol are you assuming things or am I the one? My family owns a restaurant and if you do own one. You would know... Please talk about your own portfolio la.. Don't talk about the property your parents bought a decade ago. I'm not accepting others opinion? lol I'm quite sometime being in the forum and have been gaining loads of knowledge from people from different sub forum..

One thing I do know your the only one being sarcastic in every post and just can't accept the fact the property value had gone up all these years where you longer be able to afford one on your own. Once again. I don't assume things. I only talk about what had happened to me and what I do know which is a fact. I don't spread rumors and slender like you. After the GOLD guy GURU working for a large finance corporation here comes a football fanatic trying to educate others to stop buying.  doh.gif  I really wonder what intention you guys had in mind.
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Yup my own property biggrin.gif

Apologies if you're sensitive and feel that I'm sarcastic.

You're right... have bought in 2004 at that price, I don't think this level of current asking prices is sustainable.

Truth, I've just paid off the last installment for my house and this has freed me up slightly (some other commercial commitments)... Now waiting for some good buys for investment... but my opinion is... prices will drop... my opinion.

No intention, just sharing opinion... if you don't like it please ignore it, I'm not forcing you to read it...

Don't be so up tight

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Rooney1985
post Jul 18 2013, 01:55 PM

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QUOTE(AmayaBumibuyer @ Jul 18 2013, 11:11 AM)
Bro, I believe you were the one that blame ONLY the UUU people feeds corruption. Of course la the UUU will take exception on that. And the point is everybody is feeding corruption. Nothing to do with property.

And yeah corruption on car purchase is worst than property. Because it so embedded in the lives of Malaysian that everybody accepts it and no one wants to do anything about it and if anybody does, people think they are weird. That is how bad corruption on car purchase.
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Bro, I didn't blame anyone... it was a question... please refer back... thanks...

And you're wrong... I know people who don't accept it... my relatives that are millionaires prefer to buy second-hand car rather than reconditioned imports or brand new because they know that the extra they are paying is going to corrupted people... Of course they are not like you, take public transport, but they buy cheaper second hand cars... And they also have same perception of property... all the extra going where? to all the middle men flip flip flip... so now their funds are in stocks and cash (FD)... They seldom eat out and even when they do they take advantage of the discounts because they've got like hotel/ club memberships, CC from every bank, vouchers, etc, etc... You'll be surprised how much they save from discounts...

Just my circle of network la... not implying the whole boleh-land or world...

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Rooney1985
post Jul 18 2013, 02:10 PM

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QUOTE(kochin @ Jul 18 2013, 01:53 PM)
lmfao.
two gentlemen fighting over you.
guess that's a first for you? kekeke.

if it's two ladies i can understand lah.

can selectt and greenstuff boss please chill it.
this is the exact same reason why the thread is going to the drains.
rise to the occasion and F&F.
move forward guys.
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Agreed, everybody cool down... this forum is meant for all opinions, true, false, good and bad and we should all read and accept what we want... I you don't accept is, just state your own alternative opinion and relax... don't be so uptight... (I feel that the responses to opinions about down is more heated than responses to up... my feeling la)


Rooney1985
post Jul 18 2013, 02:14 PM

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QUOTE(debbieyss @ Jul 18 2013, 01:56 PM)
No, no, no! I like your opinions, I, too, been long waited for the price to drop!

I, the first time property buyer, unable to get a landed at a reasonable price; I can get subsales, but it would end up the same cost I buy a new unit because of the high renovation cost nowadays.  sad.gif
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icon_rolleyes.gif

True that after renovation costs its the same BUT... I feel that sub-sale locations better (i.e. nearer than new developments) like damn ulu locations which people try hard to boost by say oh... LRT la, school la, this la that la... ulu is ulu... my opinion la.

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Rooney1985
post Jul 18 2013, 02:19 PM

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QUOTE(kochin @ Jul 18 2013, 02:07 PM)
common perception.

1. buying under con is cheaper than sub sale: Fact or Myth?

2. reno cost for undercon is cheaper than sub-sale: Fact or Myth?

i.e. from your quote, what is wrong with having same cost of sub sale but renovated to your whims and fancies?
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I know one thing la, the threads you open very fast and furious... maybe you should consider opening a F&B business... you got luck for high traffic... ... ....
or is it because I'm your patron???

Agree to your renovate to whims and fancies... when I read those ads with ... 500K renovation cost I pui hou soi... they expect me to pay for their taste in renovation...??? hehe

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Rooney1985
post Jul 18 2013, 02:32 PM

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QUOTE(AmayaBumibuyer @ Jul 18 2013, 02:23 PM)
It was a question implying the up campers are the one to be blamed.

Hey it is like me asking here.."What do the down campers want? The economic tank and the whole of Malaysia jobless. I hope not"

Chage the "down campers" to "up campers" and change the "economic" word to "corruption". That will be your sentence.
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Its how you interpret it my friend... you can always think "no"... like when I read your question I think... "No... that's not what I want." Its your position and emotions that cause you to jump straight away. Relax and open/ broaden your mind... don't be so up tight... I'm sure even in worst case scenarios many have contingency plans IF (big IF, so that people not so uptight) market crashes... not that I'm saying it will, and not that I'm saying it won't... just saying in the event... IF...

Relax la

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Rooney1985
post Jul 18 2013, 02:35 PM

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QUOTE(debbieyss @ Jul 18 2013, 02:19 PM)
I'm considering for properties in Rawang, Kajang and Cyberjaya now... The properties in these areas are much cheaper and reasonable.
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Sorry, whats budget again?

(See! I'm trying to help down camper find a property to buy, all of you should be thankful!)

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This post has been edited by Rooney1985: Jul 18 2013, 02:36 PM
Rooney1985
post Jul 18 2013, 02:42 PM

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QUOTE(AmayaBumibuyer @ Jul 18 2013, 02:37 PM)
Very cunning of you to imply that I was the one emotional. But between you and me, we know what you implied.
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Its very simple... end of the day, everyone can say what they want... people say oh prices going up, no more land, fresh grads will start buying, char kuay teow cooks earn 10K, foreigners come snatching up properties, LRT, MRT... god knows what other Ts OR... Europe crisis, debt levels up, BNM increase interest rates, bla bla bla... you just have to be smart enough to filter out the BS... that's all... no one forcing you believe and no one forcing you to think or accept... only the weak follow the strong, in mind, emotion, financial and even physical...

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Rooney1985
post Jul 18 2013, 02:50 PM

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QUOTE(kidmad @ Jul 18 2013, 02:43 PM)
Aiseh Rooney, sui liaw la.. all of a sudden from all gloomy to someone who own a million dollar property and finish paying it already adding on with few commercial lots? Haha your the man... so all these while trying to stop others from buying. that's all just a plot to make you richer?

well to be honest i do not know what to say but the twist and turn from you turn out to be amusing.
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It's okay Maddie... like I said... no one forcing you to believe anything... you'll be very surprised how many gloomy millionaires (heard the saying the richer they are the stingier they get??? That's like wanting the best quality for the cheapest price) are waiting to pounce when the market crashes (not that I'm saying it will or it won't) ... I'm also worried about the competition...

Relax okay, else fat cat gonna shut it down.

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Rooney1985
post Jul 18 2013, 06:03 PM

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QUOTE(zuiko407 @ Jul 18 2013, 05:56 PM)
rooney said this area are ulu. but he's ok with taman kajang perdana. kekeke
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huh?? since when I comment on taman kajang perdana... I only comment that its below market buy...

aisey... sei ling chat... you recover from your wounds but haven't learn your lesson zit?

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Rooney1985
post Jul 19 2013, 08:56 AM

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QUOTE(debbieyss @ Jul 19 2013, 12:46 AM)
http://www.starproperty.my/index.php/artic...prices-to-drop/

“The same thing applies to other cities like Singapore and Hong Kong – your first property will usually be a 700 sq ft condo and later as your income and family expands, you can go for bigger units in better locations,” says the writer of How You Can Get Rich from the Property and Stock Markets: What the Rich Invest In and How You Can Do the Same! and How You Can Become a Multi Millionaire Real Estate Investor."

I can't understand why people keep on telling the bolded part.

My understanding is very simple -

Eg.
Year 2000 - income RM2500 - 700sf condo RM500K

Year 2020 - income RM4500 - 700sf condo RM1mil

The speed of income rise can't align with property price.
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Somethings can listen and follow, others is a whole bunch of BS (in my opinion, which does not drive the market and or represent anyone else, unless of course you agree... those that don't agree... no one is forcing you to read you willing read it yourself... biggrin.gif )

And I totally don't agree to the response to your post.. saying that if you're looking for cheap everyone is also looking for cheap... I believe that this is a intentional misrepresentation of your statements... I believe that you're talking about price being more affordable.

This disclaimer stuff is very tiring..

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Rooney1985
post Jul 19 2013, 09:22 AM

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Sigh... yawn.gif

You mentioned cheap in your post instead of affordable... and I think Debs was meaning affordable...

600sq ft in the middle of town for 100K, if you solely base your decision on price then its affordable... see this is a typical sales guy trick... that's the selling point... so you have to read the smaller writing and in between the lines la and in this case, to also consider the surroundings, condition of the place, remaining tenure, refurbishment work/ cost required, etc, etc... Once you put all that in then you rethink whether its affordable or not...

Please try harder next time... don't even have to be cunning la... you're a walk in the park

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This post has been edited by Rooney1985: Jul 19 2013, 09:23 AM
Rooney1985
post Jul 19 2013, 09:34 AM

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QUOTE(tikaram @ Jul 19 2013, 09:24 AM)
Year 2000. What's the population in detroit?
Year 2020. What's the expected populatin in detroit?

http://www.economist.com/blogs/democracyin...iles-bankruptcy
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Came across that this morning but lazy to post it here, you know la, some here very 7 ungrateful...

But looking at that news... hmmm.... Speechless, I don't recall reading news this terrible in the previous recessions... Well there's only one thing we can do in boleh-land.... buy buy buy!!! ROFLMAO!!!

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Rooney1985
post Jul 31 2013, 10:47 AM

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http://www.malaysia-chronicle.com/index.ph...2#axzz2aaSg7UHs

For those who overlooked or missed this article
Rooney1985
post Jul 31 2013, 10:57 AM

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http://www.themalaymailonline.com/malaysia...tes-set-to-soar

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