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Investment 4 Critical Signs of a Bubble Market, Property Investment

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BTimes
post Dec 29 2013, 11:02 AM

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QUOTE(bearbearwong @ Dec 29 2013, 10:26 AM)
First of all congrat to and your holding power... of course you can.. there will be ppl like this... like 2012 u have built an ARCH I guess.. well the others 80 percent investors.. same like you bo...

I Thought USA just raise their ceiling debt? and borrow more from CHINA right?  CHINA also introduce new COOLING MEASURES To their property too right? So strict.. bro are u even malaysian..

Remember bro.. even you cash advance your credit to pay loan.. and defaulting your cc payments.. we still can bite your properties once you are bancrupt...

got see news bo shopping mall also cut cost.. u want to factor RPGT 30 % into the new property.. 2014 assessment pay liao.. runs to few thousand following your house price if in KL.. srlangor can also enforce thesame policy like penang..
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Your post is amusing. Up or down is good for me.

I have a few years of reserve installments in my savings to back up my loans. Please don't worry about me.
BTimes
post Dec 29 2013, 11:06 AM

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QUOTE(kamilnu @ Dec 29 2013, 10:42 AM)
Depends where you buy maa. If in KL sure. I bought a DSL F&G in Pasir Gudang, Johor. Onli 322K...developer Johor Land. I pay rm5700 for loan agreement legal plus booking fee onli. Low entry price...still feasable. If landed in KL buy for own stay onli maa. Cannot goreng oledi.
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Pasir Gudang is still relatively cheap area. The upgrade of the highway will boost accessibility and value there. Good buy.
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post Dec 29 2013, 12:02 PM

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I think the focus should be buying alternative cheaper housing, not hoping for prices to crash. If it does and you have the means to buy, it is a bonus. Once you have your own roof, then work hard and save hard, then upgrade to the next bigger better house.

The issue I see is insufficient apartments for the lower income group, causing lots of unhappiness on the ground and complains in the forums. Unfortunately this is a systemic problem that is unlikely to go away. Buyers should help themselves, and not wait for government to help them.
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post Dec 29 2013, 12:45 PM

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QUOTE(kamilnu @ Dec 29 2013, 12:14 PM)
Yup, Pasir Gudang highway is just beside...Coastal road which connects to the EDL is also near. Have to look elsewhere for gems now to be honest. No more KL. Johor Land development in much central places like Bandar Dato' Onn is more pricey. Those areas whacked by Singaporeans oso.
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Bandar Dato' Onn can be considered fully sold out now, left new phases next year, but they won't be cheap. That area is mostly bought by locals and PRs, Singaporeans probably 5-10% only. Developers are now holding back the launches. Gems are getting lesser by the months.
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post Dec 29 2013, 12:49 PM

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QUOTE(bearbearwong @ Dec 29 2013, 12:39 PM)
Loan 35 years .. get yout ccris report post here .. I m talking...
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35 years is too long. Cash buffer and cash flow are important.
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post Dec 29 2013, 12:55 PM

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bearbearwong - Just curious about your position: are you waiting for a crash to enter and are you already vested in properties?

I have already declared my position (already bought) and my views (up or down are okay, and both are okay for me although I think prices are very likely to move up).
BTimes
post Dec 29 2013, 01:03 PM

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QUOTE(HuiChyr @ Dec 29 2013, 01:00 PM)
Not to worry. In paper, it may be fully sold but when project completed, scout the area for actual tenants. Drive around 8 - 9pm on regular days to see if lights are on the houses. This will give a good estimate of real home owners and flippers.

Price may drop when property situation is bad. Then whack a few gems for yourself.  rclxms.gif
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The areas beside are old landed and fully occupied. I believe most buyers are upgraders who prefer to stay in the same area. I'm not so confident that prices will correct there but there is always a chance.
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post Dec 29 2013, 01:06 PM

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QUOTE(bearbearwong @ Dec 29 2013, 01:02 PM)
i oways come clean.. the market of course with u ppl wont crash.. maintain the price.. just auction off i am waiting dead chickens.. real dead chickens..
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I hope I have interpreted correctly that you are not holding on to any property now? Nothing against you but I'm just studying forum psychology. Thanks.
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post Dec 29 2013, 01:10 PM

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QUOTE(bearbearwong @ Dec 29 2013, 01:04 PM)
get the full address of the property.... go land office conduct official land search.. sure got name and ic and bank's charge there one.. with name and ic surely can work out the CCRIS of that person.. bank officers this is as easy as a ABC.. from there u will know how death the chicken or he is cooking...
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This is interesting info, but restricted to bank officers right? How about the average man in the street?

BTimes
post Dec 29 2013, 01:16 PM

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QUOTE(bearbearwong @ Dec 29 2013, 01:12 PM)
u are correct i am not holding any.. cooling off the market i my aim getting flippers out is also my aim.. me and my friends of same profession will surely contribute to the flippers exiting these property..

tell you wat even my own roommate i will seize his house in iskandar if he really default... which is going to died really soon cash advance to pay off loans
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My limited knowledge tells me that you stand a good chance of getting a condo in KL with some discounts due to oversupply. I wish you success.

For Iskandar don't bother looking because the holding cost is considered low with the strong SGD/MYR exchange rate, and both areas are likely to experience decent GDP growth next year.
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post Dec 29 2013, 01:35 PM

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Not wise to share investments. Even with family members things can get complicated.
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post Dec 29 2013, 01:40 PM

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QUOTE(HELLO HELLO @ Dec 29 2013, 01:34 PM)

Now Malaysia GDP only can compare with cambodia... Sad sad to see. Malaysian average Joe with few years work experience only rm3-4k pm. N want nice car and house at the same time... Very big head.
Cambodia is a very poor country. Their main roads in Phnom Penh can be dirt tracks. In Malaysia you can still find high quality bitumen road. Probably more accurate to compare GDP per capita.

http://en.wikipedia.org/wiki/List_of_count...nal)_per_capita
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post Dec 29 2013, 07:16 PM

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QUOTE(TiramisuCoffee @ Dec 29 2013, 06:07 PM)
More good news for kv investors: tongue.gif
http://www.thestar.com.my/News/Community/2...mixed-response/
KUALA LUMPUR City Hall’s plan to implement the “Go Green Car-Free Morning” on several major roads in Kuala Lumpur every first Sunday of the month starting next year, has taken many business people and residents in the affected areas by surprise.

Kuala Lumpur mayor Datuk Seri Ahmad Phesal Talib made the announcement during the recent launch of Kuala Lumpur Extravaganza 2014.

He said these roads would be “vehicle-free” from 7.30am until 9.30am starting on Jan 5, to give walkers, joggers, skateboarders, rollerbladers and cyclists, among others, a chance to use these stretches.

The roads involved along the 6km stretch are Jalan Raja Laut, Jalan Sultan Ismail, Jalan Ampang, Jalan P. Ramlee, Jalan Pinang, Jalan Raja Chulan, Jalan Imbi, and Jalan Tuanku Abdul Rahman.
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Very silly idea of government shakehead.gif
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post Dec 30 2013, 02:10 PM

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In actual fact, if the GDP in a country is growing, someone (bosses and those in senior management) is still making more money. Just don't be a 9-5 worker stuck at the lower rungs of the corporate ladder. If prices are raised, the extra money enters whose pockets?
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post Dec 30 2013, 04:42 PM

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Most of you mis-understood me. The GDP is growing means someone is doing better business and earning more. Whether you or the country benefit from the GDP growth in the mid-long run is irrelevant. That someone is usually the businessmen and people in senior management. (But the politicians are clean, okay?) If you are just a man in the street, you will just continue slaving away, harder.
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post Dec 30 2013, 04:45 PM

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QUOTE(gspirit01 @ Dec 30 2013, 02:29 PM)
I do believe that GDP is growing.  However, GDP figures can be directed into certain direction.  In Malaysia, I think, I am not economist, it is directed into infra.  But, I wonder whether the money has triggered down or not.
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Indeed. I suspect a big portion of the GDP is linked to construction and real estate. But that is where the GDP can easily grow and someone gets a cut of it from connection to the deals. The government has to borrow to finance these expenditure, but the man in the street will eventually pay the bill. In fact he has already started paying the bills, and more bills in 2014 onward.
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post Dec 30 2013, 04:47 PM

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"Privatising profit, socializing cost."
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post Dec 31 2013, 07:43 AM

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QUOTE(cranx @ Dec 31 2013, 06:14 AM)
Singapore's outlook is not that good either.

Singapore’s Developers Move From Best to Worst: Southeast Asia
http://www.bloomberg.com/news/2013-12-29/s...heast-asia.html

In fact if you look at bloomberg headlines, none of our neighbors is doing well.

http://topics.bloomberg.com/southeast-asia/

user posted image
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The truth is there are a lot of money in Singapore looking for property investment. The absurd taxes (SD, ABSD, and SSD) and low LTV are driving a lot of these money overseas. Big developers from China are also winning land bids. This accounts for the poor sentiment among developers in Singapore now. Many developers and buyers are shifting to UK (London), Australia (the big cities) and Malaysia (Iskandar).
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post Jan 1 2014, 08:24 AM

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QUOTE(Veda @ Dec 31 2013, 10:36 PM)
Bears gathering 1.5 hours before 2014, hoping 2014 will be their year at last?  tongue.gif

I'm not convinced there'll be a property crash or serious correction. Malaysian market is special, it always act differently from overseas mart like Singapore or HK.

Furthermore, the property bulls have a secret weapon - the hundreds of thousands of Malaysians making good money overseas who are still attached to Malaysia and who want to buy homes here for investment, retirement etc. when I first get started in property in 2008, the "investors" that I hanged out in a forum are 90% Malaysians based overseas - Spore, Australia, UK etc

But I won't mind if there's a property crash - 50% also I'm not scared. I want to buy more properties. There'll be the time to separate the men from the boys  laugh.gif
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Same views. Very difficult for crash. Developers at most hold back launches until the demand and surrounding development catches up to support the higher price.
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post Jan 1 2014, 08:27 AM

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QUOTE(Sikit2JadiBukit @ Jan 1 2014, 12:36 AM)
Fyi landed community don't welcome lrt in general. Did you see TTDI people protest on mrt building there.

One's candy is another's poison.
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Not really. I still like LRT/MRT, as not every member, relative or friend drive. The development around the station will increase amenities and this is good for property value.

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