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

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kh8668
post Jul 18 2013, 10:18 PM

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欠管理费锁水禁停车 3大疑问待研判
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This post has been edited by kh8668: Jul 18 2013, 10:19 PM
kh8668
post Aug 15 2013, 06:16 PM

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QUOTE(AppreciativeMan @ Aug 15 2013, 06:00 PM)
Selling price not dropping..... But rental rate do drop already.......  cry.gif  cry.gif
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depends
1000 drop to 900 10%
2000 drop to 1900 5%
5000 drop to 4800 4%

of course

500 drop to 400 20%
tongue.gif
kh8668
post Aug 16 2013, 04:07 PM

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QUOTE(tikaram @ Aug 16 2013, 03:58 PM)
sorry disappointing you again. tongue.gif
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it's dangerous to show here. take it off for your safety sweat.gif
kh8668
post Aug 16 2013, 04:10 PM

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QUOTE(tikaram @ Aug 16 2013, 04:09 PM)
so small amout only. sweat.gif

everyone here also got 10x this la
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that'y noone shares here, bro. sweat.gif
kh8668
post Aug 18 2013, 12:12 AM

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tongue.gif the funny part. Bullish but Cautious blush.gif thumbup.gif meaning ?
Residential prices remain flattish
Posted on August 17, 2013 - Featured, Property News.
By Thean Lee Cheng | leecheng@thestar.com.my

Primary condo market performing better than secondary market


VARIOUS issues related to affordability and speculation continue to hog the overall residential market for the first half of this year. Coupled with the recently concluded 13th general election, the first half was “relatively sluggish”, property research reports concluded.

In fact, prices have been “flattish over the past 12 months”, one report concluded, due in part to the various cooling measures instituted by the Government.

The primary high-end condominium market appears to be performing better than the secondary market due to various incentives and attractive payment schemes and product offerings which come in smaller sizes in line with today’s market trend.

In the prime areas of KL city centre (pic) and Mont’Kiara, prices and rentals remain generally flat due to the high supply and a weak leasing market, says Knight Frank.

In its research report for the first half, PPC International Sdn Bhd says it “believes that the residential market is experiencing a general slowdown.”

This view, the report says, is supported by falling transactions. The total volume of transactions in the first quarter of this year dropped to 17,796 units compared to 23,790 units in the same period last year.

The existing residential property stock for the first half of this year is 4.67 million units. However, the new planned supply dropped to 31,677 units in the first quarter of this year from 32,472 for the same period last year.

“The drop in the total planned supply for Malaysia could be interpreted as a sign of developers exercising caution in launching new residential projects,” the report says.

The slower momentum, however, is not evidenced in Johor, especially in Iskandar Malaysia.

“The average house price dropped from RM251,731 in the last quarter of 2012 to RM245,036 in the first quarter of 2013. Kuala Lumpur, Selangor and Penang also experienced a decline in average house prices.

“However, there is no specific record on falling prices of any category of real estate. We believe, the drop in average house prices is largely brought about by higher volume of low to medium cost residential units sold.

“Against this environment, PPC believes that the residential market is experiencing a general slowdown,” the report says. The demand for landed housing continues to be high, notwithstanding the fact the returns do not justify as investment properties, the report says.



Going forward, the interest is expected to hover around developments close to the ongoing MRT/LRT extensions.

Knight Frank says prices of condominiums in the secondary market in the suburban areas are expected to continue to perform well, supported by sustained local demand.

“Prices of well-located high-rise properties that are managed well continue to appreciate, closing the gap between primary and secondary prices,” the Knight Frank report says, adding that yields continue to be compressed as price increments/high selling prices do not correspond with the lagging rental market.

In the primary market, there were a few high-rise residential property launches towards the end of the first half. Enquiries with developers by property consultants revealed good takeup rates of these developments.

Among the most prominent is Venus Assets’ Four Seasons Places located within KL city centre, the first of its brands in South-East Asia.

“The popularity of global branded residences continues to be on the rise, setting a new definition to luxury living complete with hotel supported services,” Knight Frank says.

The average selling price for Four Seasons Place is in the region of RM2,500 per sq ft with buyers comprising mainly Malaysians and foreigners from Japan, Hong Kong and Taiwan.

More launches have been scheduled for the second half with a certain degree of “caution”, taking the queue from overall global situation.

The PPC report says “house prices recorded by the National Property Information Centre indicate that the market is creeping into a consolidation phase.”

“PPC does not foresee a definite impact on the demand from young professionals, given the shorter home loan repayment period and the pricing of residential market which is beyond their financial income bracket.”

While foreigners will be attracted to predominantly Kuala Lumpur city centre, Penang and Iskandar Malaysia, local purchasers will be geared more towards purchasing township developments, especially landed homes, the PPC report says.

Moving forward, 2013 will also see developers acquiring land for medium-sized developments.

While the market generally is in a cautious mode, the outlook for residential market in urban locations is bullish, it says. tongue.gif tongue.gif
kh8668
post Aug 18 2013, 02:02 PM

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QUOTE(AVFAN @ Aug 18 2013, 01:41 PM)
can't remember if this has been posted/discussed already... 1q2013.

almost all types, no. transactions and value in kl n selangor looks getting softer and softer to me.

maybe i read it incorrect, maybe 2q very different?

uuu or ddd, kindly analyze and comment.

http://napic.jpph.gov.my/portal
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1H2013 could be slow a bit due to general election. It will be interesting to see how the market in the second half of this year. tongue.gif
kh8668
post Aug 18 2013, 02:44 PM

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QUOTE(agentdiary @ Aug 18 2013, 02:43 PM)
some signal already indicated from jun/jul credit growth, worst than Q2.
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the total amount of loan approved still high tongue.gif

This post has been edited by kh8668: Aug 18 2013, 02:52 PM


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kh8668
post Aug 18 2013, 08:42 PM

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QUOTE(W.ROOK @ Aug 18 2013, 05:26 PM)
A bit old video but might give some ideas.

http://www.youtube.com/watch?v=ENCDIOucX64
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summary of this video

location is not everything.

beside perfect location, the pricing is also a consideration.

identify timing; perfect timing and bad timing to acquire a property. (for this, refer to the attached picture)

real estate is only a tool to help you to achieve a financial goal unless you buy for own-occupation.

the attachment to real estate is stronger than other investment tools due to you can see it, you can touch it, you can feel it, and you can use it as you like.

Don't buy real estate with emotion or because fall in love into it.

Identify your target of achievement before investing/buying a property. For cash flow? for capital gain?

Investing into real estate you must love real estate first. Working and investing with your passions!

The interviewee is a real estate agent. She encourages group buying, making money together! wink.gif

She got more than 2,000 members investing in property in everywhere including Singapore, UK, USA, Germany etc. Currently they are actively in Malaysia, thanks for Ah JIB KOR making good feeling of economic growth. wink.gif Greater KL and Iskandar Malaysia.

Singapore government is also encouraging Singaporean to invest in Malaysia especially Iskandar Malaysia which is not far from Singapore.

Cautious on KL property in some areas which she claimed that prices are higher; but still look good for the future prospect.

Euro market is good for investment now, thanks to Euro crisis.


conclusion: No any negative comments at all as she and her group are still investing in real estate not only locally but worldwide! what do you think?

Free info from facebook.

This post has been edited by kh8668: Aug 18 2013, 08:45 PM


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kh8668
post Aug 18 2013, 08:48 PM

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QUOTE(Rooney1985 @ Aug 18 2013, 08:48 PM)
The graph quite outdated... Got up to date graph? Thanks
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try to update yourself. as I know, it is still growing up.
kh8668
post Aug 18 2013, 08:58 PM

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QUOTE(Rooney1985 @ Aug 18 2013, 08:55 PM)
Actually I have done my own updated one napic and BNM sourced... Just wanted to compare as a checker... Thanks anyway... brows.gif
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good to share with us here tongue.gif
kh8668
post Aug 18 2013, 09:01 PM

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QUOTE(Rooney1985 @ Aug 18 2013, 09:00 PM)
You try update yourself first then we compare.. Lol!!! brows.gif
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wait when I free to do that. biggrin.gif
kh8668
post Aug 18 2013, 10:09 PM

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QUOTE(agentdiary @ Aug 18 2013, 10:06 PM)
not loan approval. look at the broad money growth which determine the credit. the rate is ugly, 0.2%.
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what is the broad money?

approved loan amount increased. and loan applied amount is also increasing. Meaning buying demand is still there. smile.gif
kh8668
post Aug 18 2013, 10:33 PM

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QUOTE(agentdiary @ Aug 18 2013, 10:28 PM)
when broad money slow or not grow, credit virtually not growing too (not possible). it usually go ahead of loan market for 1 to 2 month lag. exacerbated further by recent bond sell off, we know the Q3 and Q4 is almost 95% sure: loan will not grow (that's bad enough coz the pipe line supply is very intense till 2016, all we need is growth, even a slower one won't help).
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waiting to see the results biggrin.gif
kh8668
post Aug 18 2013, 10:41 PM

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QUOTE(agentdiary @ Aug 18 2013, 10:37 PM)
you're not proactive and sensitive to market.

i did it 2 weeks ago.

Jun credit

REMARK: JULY BOND SELL OFF IS NOT TAKEN INTO ACCOUNT.
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your broad money down from Q410 in Q111, and then shot up in Q2 Q311.

Could be the samething will happen in the next few quarters.

better waiting for the results. tongue.gif

user posted image
kh8668
post Aug 18 2013, 10:44 PM

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QUOTE(agentdiary @ Aug 18 2013, 10:39 PM)
too many lazy 'pro' here. give up. retire from commenting anymore. wasting time......
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please continue to give comments. We are not 'pro' at least learn something from you biggrin.gif
kh8668
post Aug 19 2013, 11:38 PM

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ahyat free slide http://www.ahyat.com/spi-download.zip

kh8668
post Aug 21 2013, 09:12 PM

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last chance to acquire more properties ???? tongue.gif
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kh8668
post Aug 21 2013, 09:17 PM

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http://www.bnm.gov.my/files/publication/qb/2013/Q2_en.pdf
kh8668
post Aug 21 2013, 09:17 PM

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QUOTE(greenstuff @ Aug 21 2013, 09:14 PM)
The game has just started
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your game is??????
kh8668
post Aug 21 2013, 09:59 PM

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QUOTE(tikaram @ Aug 21 2013, 09:56 PM)
Games of.

Ddd to sapu cheap cheap fire sales

Uuu games over
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shocking.gif

waiting for it tongue.gif

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