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

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TSkochin
post Jul 18 2013, 09:02 AM, updated 13y ago

I just hope I do!
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Ramadhan month, the holy month.

So peace to all and please stop all unnecessary personal attacks.
All opinions are welcomed but would appreciate if thoughts written here have been carefully crafted in advance.

Cheers! icon_rolleyes.gif
TSkochin
post Jul 18 2013, 09:15 AM

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wondering what will be the outcome of Fennel's take up for tmrw.
900 units. "affordable" pricing.
don't think the preview will end up all 900 units gone for their VIP gua???
TSkochin
post Jul 18 2013, 10:13 AM

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does this forum provide the TS to block individuals from posting in the topic for not compliance to the TS' rules?
TSkochin
post Jul 18 2013, 11:18 AM

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QUOTE(Rooney1985 @ Jul 18 2013, 11:03 AM)
I accept.. please buy...

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

whistling.gif
*
hmm.gif
switching camp?
so decided to move to chelsea liao?
kekeke.

cool.gif whistling.gif

PS: it's not you who's being nonsensical. it's those who keeps labeling others either DDD or UUU which i despise. and it doesn't help a bit in terms of making up their own definition of these groups too. doh.gif
TSkochin
post Jul 18 2013, 11:20 AM

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gentlemen and ... wub.gif ladies,
with all due respect to your enthusiasm of the topic debated, a caution of your constant labeling of others please.
without the mod, i can still suspend this thread on my own. cry.gif
let's hope that i need not resort to that please.
cheers! notworthy.gif

TSkochin
post Jul 18 2013, 02:07 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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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?
TSkochin
post Jul 19 2013, 01:31 PM

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wtf?!
v12 oledi 12 pages in about 24 hours?

btw, fennel berapa sales take up liao?

TSkochin
post Jul 19 2013, 03:58 PM

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QUOTE(kidmad @ Jul 19 2013, 03:26 PM)
don't do that its a waste of time. even if it's cheap most likely cheaper by slightly a little but the problem is that you cant see the property which you about to buy.
*
u also don't get to see the product you buy for undercon like fennel, right?
kekeke.
TSkochin
post Jul 19 2013, 11:37 PM

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QUOTE(debbieyss @ Jul 19 2013, 11:13 PM)
Why say fennel is undercon?

What does undercon mean?
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Undercon=under construction


TSkochin
post Jul 25 2013, 10:10 AM

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QUOTE(ManutdGiggs @ Jul 25 2013, 09:59 AM)
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
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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.
TSkochin
post Jul 25 2013, 11:00 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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this is The question! the more than a RM1mil question which everybody would love to know the answer. drool.gif
TSkochin
post Jul 27 2013, 09:39 AM

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Just the beginning of Q3 and we witness one of the strongest BBB for fennel project.
From remix thread, it seems remix 2 also super BBB.
What is BNM gonna do next?
TSkochin
post Aug 2 2013, 02:35 PM

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QUOTE(Nepo @ Aug 2 2013, 08:15 AM)
It depends on timing.

Let's recall:-
In Year 2008, Padini @ RM0.28 per share (share split+Bonus issues)
Five years later (1/8/2013) Padini @ RM 1.77

Return= 1.77-0.29/5 years = 100% p.a.
ICap biz a close ended company bought Padini 22,700,000 shares (include shares split + Bonus issues) @ 0.28 in Year 2008 and hold until Year 2012 (not sure whether sell in Year 2013)
Who is the rich?
The rich is the one:-
1). Ability to select right stocks/properties/investment
2). Correct timing
3). Availability of capital
4). Luck

For normal persons who like to become rich, the first to do is to accumulate his capital.
*
good sharing.
let's take a look at property as an example.
the zest.
launch circa 2008/2009.
launch price approx RM200psf.
say 1100sf apt at RM240k.
DP = RM24k
fast forward to now circa RM460psf. So approx RM506k.
take gross profit = approx rm266k / RM24k (vested capital)
1108% over 5 years
= 222% p.a.

not sure whether the above calculation is right or not.
TSkochin
post Aug 2 2013, 03:30 PM

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am a believer that stock returns are much better and higher than properties.
more liquid too.

but one very important thing to consider.
risk is very much higher.

the padini example quoted is one of those rare stocks that gave extremely well returns.
similiarly to PBB reinvestment story that THP tells shareholders every year.

nevertheless, we would always see extreme cases in all sort of investment. but how to consistently sustain the momentum of doing well everytime, all the time?
TSkochin
post Aug 6 2013, 12:17 PM

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QUOTE(Rooney1985 @ Aug 6 2013, 11:19 AM)
Apologies for the off topic on Johor... anyway... here's another good article to read...

http://www.themalaymailonline.com/malaysia...-says-economist

Key points to take away from the article for me was:-

"Debt-fuelled growth has let Malaysia plaster over the cracks of a softening economy already showing the signs that heralded the dotcom crash and Asian financial crisis"

“Asia’s inconvenient truth, in short, is that the rise in debt has masked deteriorating growth fundamentals"

"The troubling question now is: how much would growth have slowed if it wasn’t for the rise in debt?”

I guess for the past few years a lot of funds (debts) have been dumped into properties to churn out overall growth... which does not create value (in terms of productivity) and the question is how in the world are they going to reverse this false value creation in properties (bearing in mind the illiquid nature of these assets) in order to create real sustainable growth fundamentals.
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interesting....
TSkochin
post Aug 13 2013, 07:57 PM

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QUOTE(lucerne @ Aug 13 2013, 07:46 PM)
also depend on the size, some DSL or 3SL build only on 14' x 30" land. but ppl still buy. my fren just bot one unit near segambut dalam.
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Boss, I think it is14' x 50' land, right? Else with the car porch, there is hardly any space left at all. Lol.
TSkochin
post Aug 15 2013, 10:56 AM

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QUOTE(cockee @ Aug 15 2013, 10:38 AM)
I would use another word instead of 'fragile'.
It's 'insecure'.
There are so many 'insecure' forummers lately.

Just yesterday someone posted a question about Scott Garden. I made a statement about at night noises from the pubs can be heard even from Casa Desa abt 500m-1km away.

Wah lau eh.. straight away two fellas (I suspect with vested interest) attack that statement, calling it an exaggeration. These fellas probably had no education, since it is common knowledge sounds travel further and louder at night.  doh.gif
Luckily, two other forummers who lived in Casa Desa supported my statement.

Of coz, then those fellas turned and twisted to talk about how satisfied their local and oversea tenants are, etc, etc. You can check out the thread yourself.

My point is you can see the defensiveness of these fellas when someone said something negative or perceived negative about properties.
If the market is so good and strong, if the properties is doing so well and prosperous, why they even feel the need to defend it? Why so insecure about their own investment, right?

  whistling.gif
*
learn something new everyday.
and i wonder why's that? hmm.gif
TSkochin
post Aug 15 2013, 11:16 AM

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QUOTE(cockee @ Aug 15 2013, 11:03 AM)
Less surrounding noises, cooler air and stratosphere is closer to earth.
*
humour me, okay.
previously your claim was on sound travel theory at night was:
1) further
2) louder

for point no. 1, i am a bit sceptical. sound waves could potentially travel further since there is less 'obstruction' from other sound waves to block its path. but when other noises are reduced, would it also induced a situation whereby the only sound tends to be absorb by insulation much faster too? not sure but you could be right on this.

for point no. 2, i presumed a noise is a noise is a noise. if we were to measure it, i presume the recording in dB would be the same, no? whether at day or night. after all it's the same sound? eg, a radio at the same volume blasting at day time and night time. you record the volume from a fixed point. based on your theory, you are resonating that when this experiment occurs, we should expect a higher dB at night time? again, not sure but you could be wrong on this one. unless cooler air provides magnification to the sound waves?

sorry, out of topic.
carry on... science geeks at work here. kekeke.
TSkochin
post Aug 15 2013, 01:25 PM

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QUOTE(Rooney1985 @ Aug 15 2013, 12:58 PM)
I was previously staying in a condo less than 200m from MRT station... my god... I can hear train coming and going day and night ... not to mention the smell of steel dust in the air... jeezzzz however having said that... I think the distance to walk to the station was fine... I did consider moving to a condo slightly further around 500m - 600m, slightly cheaper too but my god!!!!!! the walk was ridiculous... by the time I got to the train I'd be soaked!!!!So I decided wth just stay put... So if you're thinking of buying anything near MRT please do consider how far your tenants would have to walk... anything more than 250m is crazy and it would be best if the MRT station was underground ... then no noise pollution!!!!

whistling.gif
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have you experience the sound from ktm tracks from subang empire soho units before? thumbup.gif
TSkochin
post Aug 20 2013, 07:35 AM

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Really wtf! If more china dev comes in, local developers can tapau Liao.
Btw, 5,500/7000 units sold is really a spectacular result. So can we foresee a shift in new launch in future?

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