V12 - Property prices discussion, For non "UUU" and "DDD" campers only...
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 Aug 18 2013, 01:45 PM
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#1
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Senior Member
1,108 posts Joined: Apr 2010 
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QUOTE(cybermaster98 @ Aug 18 2013, 01:08 PM) I think most property purchased 2008-2010 appreciated alot. That was the boom time of property.But % of appreciation has started to drop from 2011 and even worse this year. Subsales are starting to stagnate. Once BLR increase 1-2%, monkey show will start. |
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Aug 21 2013, 10:52 AM
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#2
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Senior Member
1,108 posts Joined: Apr 2010
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QUOTE(Seremban_2 @ Aug 21 2013, 10:25 AM) Morning all!!! Very soon you will see ppl burn in property.Better buy property which is safer than stock. Badly burn. haiz... |
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Aug 21 2013, 11:07 AM
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#3
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Senior Member
1,108 posts Joined: Apr 2010
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QUOTE(UFO-ET @ Aug 21 2013, 10:55 AM) Possible. It happen everyday since 1997 Frankly, I am not the type of person who wish to see recession or whatsoever. I am a stock market investor and I know how relatively easy to make money in bull market compare to bear market. Anyway, as a matured adult, we have to see things rationally. 60% of the household in Malaysia earn below RM3K. You think the current property market price can sustain?Abandoned project - Burn Delayed project - Burn (PD condos) Shoplot can't rent out - Burn Factory lot land settlement - Burn Land - illegally changed ownership - Burn Compulsory Acquisition Act - Burn etc etc Foreign funds are flowing out. Currencies depreciated. BNM has no choice but to raise rates in very near future. That's the time pain will be felt by 'investors'. Bear in mind, this is just the start of feeling the pain. Burning will occur when slowdown or recession strike. Most of the people now is taking 30-40 years loan. Do we need that long to see another recession? |
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Aug 21 2013, 11:21 AM
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#4
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Senior Member
1,108 posts Joined: Apr 2010
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QUOTE(UFO-ET @ Aug 21 2013, 11:15 AM) Asian specially Chinese perceives "Real Estate" different fr the Western, real estate is a symbolic of wealth to many Chinese tycoons, they buy and keep for generations You are a very experienced property agent. You will know out of 100 buyers, how many of them are tycoons, and how many are ordinary household.Oversupply already exist, but how much oversupply will lead to bubble burst? No one know Assuming KV has 100 households, 1. How many supply of houses would we consider bubble? technically we say 101 units, but in reality, does it means that? I may need a house for own stay, another for vacation purpose 2. How many supply of houses would lead to bubble burst? Everyone has different answer No one know... |
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Aug 21 2013, 11:29 AM
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#5
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Senior Member
1,108 posts Joined: Apr 2010
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QUOTE(cockee @ Aug 21 2013, 11:23 AM) Bro you got a lot of good points there. We are adults, we talk based on facts. Only kids talk based on opinion.It had been shared by some others here as well. Just to let you know, this is an unique thread. For saying that, u will be placed under DDD camp, and it is assumed that: 1) u missed the boat so now u are a sourgrape and 'jelly' others making $$$ 2) u cannot afford to buy properties so complaining price is high 3) u are such a negative person 4) u are exaggerating on the situation. Pick you choice. The truth doesnt matter.  Some common response to be expected. 1) u studied too much. Big bosses usually dont go schools one.. I dont understand yur technical jargons, but that only meant I am the boss. 2) i claim I made so much money in the past few years. so u are wrong. 3) i assume u didnt made money in the past few years. so u are wrong. 4) malaysia economy is different compared to the other 5) malaysia properties still cheap compared to New York, Hong Kong and Singapore! Whew.. that summarized a lot and saved you guys from a lot of typing, didnt it?  |
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