Just wondwring... anyone sign S&p today... some property in nilai...

Stagnation is nice word..when stagnant long enough maybe go where then ahh..

Guys check out bandar mahkota cheras section 1 2 3 4 5 6 7 and 8.. many movements there 4 auction double storey old one 20 x 65 at 350k.. subsale 420 k to 480 k all negotiable..hmmm sg long as well

We anticipate price to fall.. then go on and snap affordable properties which reflect the actual market.. not those bought 430k then flip to 780k.. after e yearscompletion..

I disagree forking out money to buy overpriced property.. I should never like that.. the last I check with you u bought amanya and dimisses the importance whether it yeilds any rents.. you say you are a long te investor amd likealuri very much.. maybe

ask some q..

will you buy a 2 room 545 sq studio at rm 680k? Now.. for investment or even stay ?

Affordability issue has long went out of hands when you joint the caravan of property flippers.. dun be mad we shall rationally rationalize this issue..

The real and bold fact us that there are70 percent ppl living beneath this pyramid.. the real question "there are a lot others" who can afford . You investment are towait for these ppl..

There is owayls a reason why the capatilist system is shaped in pyramid form.. meaning some ppl live in klcc area some (majority)live in klang valley and other areas.. our pure intention here is an affordable housing in par with price.. not by flipping it..

Haiyoo brudder.. if you own one for stay I m not against you maa.. further more 660k amanya for rental or stay unlikely to any fruits.. you your self know..

Well said.. u hit the nail on the head.. if low end flipper targeting klcc.. then you screwed.. those ex patriate also move and move.. expecting them to fill the market..

Haizz no idea.. they feel dat when staying near klcc.. they are in par with upper class or rich class..

But lots of commisioners house there pakistan.. singapore.. australlia..usa.. england..

if you are to chase for this.. affordability issue confirm.. no look into it..but maluri is not that near.. furthermore low class lehh.. maybe the theory applys here if you cant get the best at least near to it will do..
If you say jalan pinang.. jalan conley.. jalan p ramlee noe those are relatively near..

It has already started.. just not bubble big enough.. and just so silent..inflation..how many percent not more than 10 percwnt per item ..

The speculators after inflation does not affect them all wat..they bought it around 430 then selling off at 780k.. 350k profit.. inflation got affect them ah my friend...

if inflation is so hard to cope/ affect them.. they shouldnot bought those propwrties at first place.. coz everytime the properties change hands.. legal fees.. stamp duty loan intetest.. snd etc surely will further increase the selling price true bo..coz they wanted to factor in.. DIBS is the tool of speculation...u understand bo..

inflation of of house hold items of a few cents and further made out to few hundref ringgit per month is so hard to cope what not a property which is 350k extra.. just to help these flippers to stuff their bank account full..

Property speculators are largely responsible to the price increase.. they have tarnish the markey becoz of greed and still denying it... they artifically poison the market with price of property which is meant for years to come say like selling at the price 10 years to come or worst will never come.. coz even flippers dont buy back the same price they sold..



This post has been edited by bearbearwong: Jan 7 2014, 05:32 PM

Guys.. anyone bavk from work KL ah.. today mini land slide at mahemeru.. must be a pain right.. from pwtv toviva mall requires 1 hour 30 minutes...
Today I bet sure many cursing like hell.. either heading to rawang direction or even to the south setemban link..

Thanks to our friendly developers.. now everyone can flip.. (formerly thanks to Tony Fernandrz.. now everyone can fly) those staying semenyih will need at least 3 hours to reach from Klcc.. look at this the dev and flippers told you how near semenyih.. seri pajam and echo hill( which highly will be echoing among thrmsrlves once completed).. only 45 minutes away.. come on.. u flippers try it..

also dont forget our friendly neighbourhood.. ya KL SOUTH which is equally far.. prudent house owners.. open eyes big big.. flippers dun just simply buyy.. drstroying market when you guys flip..

the rise in construction matetisls were perpetrated by you all.. the contractors after seeing you bagging 350 k.. of course they will share some.. in actual fact even cinstruction price up.. it still does not justified the flip ftom 440k to 780k when the units you F lippers bought is already COMPLETED...

however.. affordable housing is what we needd

Still got ppl in other threads tink set8a echo hill property will jumo to 700k.. even srnenyih tiara east can fly to 1 million.. well done.. next upcoming bukit beruntung...

No problem.. the existing SOLD but vacant .. is more than enough to hold the market..

actually you just want to address the developers issue I.e they will not bother bad times and demand.. right only.. meaning.. coming projects also exoensive lor.. right...

so if you dont buy now.. then sure property naik right.. so must BBB right.. affordability issue wise.. u agree with us THAT IS IS OVERPRICED and flipping business is OUT of hand..

THIS IS FOR SETIA ECHO HILL (SEH).. haizz guys long battle.. tough battle there.. below is the reproduction :

If SEH really consist og genuine house buyers.. good.. if investors...I tink worse come worse just vacant but SOLD..

if fact the real buyers intended for home stay.. no need to worry or furious..
see 430k DSL if does not appreciate to 750k.. its ok one.. yearly property price will still go up but definately not 750k 699k .. ranging of 50k yearly.. but for investors.. 50k is not I their diary or even close.. figures like 100k 150k 200k only their food.. dat is d future price 5 to 10 years at least..please dun believe that property will go with this trend..u see

430k initial DSL upon completion minimum 550k..within 3rd year to 5th reasonable crystal ball say will be respectively will be 650k.. 750k.. then 850k..
and 6th year and above 950k.. then 1.05 m.. and goes on(THE INVESTORS WILL ELL YOU THIS).. u see possible or not.. the price in d market are investors price to reap 100k at least ontop of that property.. they will factor in as well RPGT .. legal fees (which most of the time they bully the lawyers for 50%slash.. ) they will still whack you WITH 100% .. stamp duty.. and other contingencies like quit rent.. assess.. now aftet factoring all these.. there is d new selling price..

ppl who dont intend to stay.. they want the property out as fast as posdible.. those with 2 units confirm flip and go away.. u be stuck with the debt.. they will count money in d bank.. and invest again (thereafter they will claim they help to push the GDP) or increasing malaysian standard.. they be laughing at down there and say got 1 idiot bought my DSL for 750k easily earn 200k.. who say malaysian property will collape.. i want buy SUMORE AHHHH!!

for property owners or intend to stay no worries just a matter of time your prop price will increase yearly one.. investors wise sure cannot.. and most importantly.. many of them are masquerading as those who want to stay but are investors look carefully who is d real enemy.. the aim as I concluded is for new buyers..

The forumer who concurred with one views .. here is my view yes DSL SEH 430K or even 405 k is better than condo and apartment.. do you know why u left with these.. the same group of person are investors in condo apartment.. dats y price is do high.. the material constructions gimick haizz u see the construction site all oso indon wokers been paid only rm 30.. 40 50 or even 80.. they are mainworkforce there.. for the materials..u go and check larger brick maker..banting there sin heap lee red brick baru how many cents..where got materials increase until those stage..haizz

Investors are heartless.. they just making money.. when high rise fever is over they aim for landed.. youngand prudent buyers.. distance wise try driving yourself on peek hour time..u try drive to office highly concentrated office area PJ.. MASJID JAMEK.. KLCC.. MONT KIARA (can reach SEH 1 hour some claim).try it yourself.. how can one work in KLCC to SEH semenyih only take 1 hour on peak hour time.. i was bombard like hell.. showing me wave report and etc.. i myself work in KLCC to tmn miharja only 1 hours at least if rain car broke down.. no need say how to reach SEH in 1 hour

For prop owner intending to stay.. and bought.. it a good deal new DSL 430k.. so no worry.. ur prop price will up one.. those here all jumping in DIBS in other form are mainly investors.. the less they fork out the more they earn.. for owners.. paying during construction period or even after does not matter you coz you are staying.. the early u pay the less on the other end.. investor wise.. different liao with those extra.. phase 2 lor phase 3 lor SEH.. there is no free meal in Malaysia whatmore developers right..

the moment you purchase one unit ( now phase 1 even not completed) already speculating price to rise to 600k after completion di.. still say not investors.. property further downward like seri pajam ( some claim 20km) away look at the occupancy rate.. then look further to northward.. TTDI Kajang there.. the rest area i reli lazy to mention occupancy rate .. upwards also low downwards also low.. in between will be filled.. guys it is semenyih.. i m not saying it will never go up.. but please bought for 430k basic DSL now want to sell 750k.. within 3 years time..

are u changing sides?

U are right downpayment everyting can be settle.. installment also can join.. for 35 years... just for you to earn that no brainer 100k.. 150k or even 200k.. u really Qin emperor just for the undergroundfrotress( flipped price) u need everyone to join ti satisfied your appetite so dat you invest elsewhere.. I agree those first hand buyers deserve some profit but 200k upon completion.. that is future price 5 years at least or even 10 years.. it definately overpriced.. u got read my setia echo hill post here.. u are behaving like one of them right...

more shocking I shall calculate in precise total payment to bank for a 750k prop in KV at the end the house actually worth 1.5 m..at least when u finish servicing.. a DSL 35 years down the road must be sold at 1.6 million despite old.. thise hold longer 5 years willlock their money servicing loans worth of 3k permonth if accumulated for 5 years without DIBS is 180k which is enough deposit to flip 3 units at least...

Wait them rot.. get their credit situation and press their price.. if not let them bancrupt they sure have other prooerties in hand to cover.. u really hard core holding a lot of units..

And affordability.. the market the secondary market is reliance upon then .. even you get fireigner to buy.. they will further flip it.. worse..

Hmm.. you are cash loaded surely holding power good.and many of your kind as well.. this will not affect you.... just service d loan.. wait for the perfect waterfish..

well with the price hike today.. dat everyone is coping maybe u can hold bit longer. Well GST coming in as well.. I know u will increase the prop price factoring the same right.. keep doing untill it reaches 1 million bar.. see how d market reacts.. I m saying majority( those selling house to clean money exclude yourself)

you are sending a message to potential buyers that you will not reduce the price.. u will increase ur prop further..u are challenging that your holding power will last long enough and taking opportunity coz u will need a house soon.. u will make SURE potential BUYERS CREDIT 200K NETT PROFIT IN YOUR ACCOUNT so that u can invest elsewhere.. right..

Sorry to interrupt.. infact.. the government slaughter iskandar johor project in cold blood when they raise the bar to 1 million.. they know dat a fact the iskandar project was target to singaporean.. those studios and spartment. Cost 380k mostly planned to be resold at 500k mark all burn down.. 2 of my friends burn out.. no joheareans would be stupid enough to buy 2 room studio worth 500k.. right with 600sq..

the government will just skaughtet u guys.. they wont protect the flippers one.. the market is yotally out di really need a great collapse to restart the pyramid system..

Sure malaysian suffer the most.. holding it.. for high rise only 380k... and booking fees of rm 1k.. everyting else factor into the lion sum... even stamp duties legal fees all inside.. minimum I guess selling at least 450k for not making any loss... that means..per month to service loan is around 1.8 k.. still can hold.. but longer hold.. bank interest higher more you pay yo bank...

So will government or BNM wont let u die? My answer is no.. but bear in mind young buyers.. the first hand purchaser will not easily die.. servicing loan of 1.8k (assuming interest rate stagnate) can still survive one...
those who does not have holding ability.. exp.. person

1.8k house loan
700 myvi loan
500 petrol
400 house rental
150 insurance
60 road tax
500 food
120 phone plus internet
300 for other contingies repair car.. extra entertainment and etc

all in all 4130 per month..assuming no contingencies save rm300 per month (per year 3600)
that means that guys gross salary would be around 5k salary... hmm manager or senior exec.. low end flippers.. havent include credit card spending ( u guys know lahhh)

so ppl under this salary scheme is going to die.... ppl within this bracket say like isjandar project going to suffer for 40 years.. by then.. your prop after servicing the loan till 40 years would be bout 900k to the bank.. flippers will definately not going to hold for dat long ..

So bottom line is those who buy from them ( which many here are trying to pursuade you to buy now otherwise prop price going to increase..and increase which I agree for new projects coming.. but those existing completed why still want to increase) you will definately lose out and ended up with debt.. in which u be never able to sell.. dat price dat you going to buy fftom these flippers will be around 550k at least taking iskandar in example.. which is a 5 to 10 years price or maybe never reach...

if first hand prop buyrrs with salary of 5k.. suffer diffuculties to service.. you as secondary buyers after being factored RPGT ... stamp duties.. legal fees and expected profit of 150k .. are definately will bancrupt.. AFFORDABILITY issue is bar... ur salary be 9 k gross to be able to service such loans... of course sure got forumers will say to you normally husband wife father mother.. siblings buy together.. no need marry mehh.. ni kids mehh no expenses.. ur main household debts will be to satisfy flippers.. ARE YOU SATISFIED.. let them rot.. government will let them die.

those who are scaring you dat econnomy will go down.. no worry the secondary market will absord it when the price is reasonably sold.. if flippers insist.. let them bancrupt then sapu.. mind you.. at least 50 %flippers are of the situation statex above.. those claiming HOLDING power however has many units in their hand.. so SAME situation..

Buyers.. wait and see...cash load your bullets and wait.. u see ppl bleeding one.. those with holding power may want to know once ur next door is on fire sale u still keep your price?

This post has been edited by bearbearwong: Jan 12 2014, 10:10 AM