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Investment 4 Critical Signs of a Bubble Market, Property Investment

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puchongite
post Jan 3 2014, 10:42 AM

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QUOTE(bearbearwong @ Jan 3 2014, 10:05 AM)
oi.. u understand or not.. demamd can go sky high.. affordibality wise.. who can.. ur reasoning is so good .. why USA DUBAI collapse..? Can bo.. like that property out only must BBB. Lar following ur reasoning.. nothing goes down wat alll up wat..  ya UP IN PAPER but CANT SELL

if u persist go ahead and sapu all property I have listed in my earlier post..
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QUOTE(AVFAN @ Jan 3 2014, 10:09 AM)
seems the term demand mean different things to different people...?

bring in 1 mil banglas = demand for 1 mil more housing?

demand is not the same as want or need. everyone wants or need housing but that does not mean that is demand!
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Seems like bearbearwong use the word "demand" in layman's sense whereas AVFAN use the word "demand" in economic sense. Agree that in this discussion, it's better to use the word "demand" in economic sense.

Bearbearwong likes to use the word "affordability". But affordability does not fully describe "demand" in economic sense. I could afford to buy many properties, but I might not have intention or willingness to purchase them, so it still does not constitute a market demand.
puchongite
post Jan 3 2014, 12:20 PM

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QUOTE(TOMEI-R @ Jan 3 2014, 12:07 PM)
Guys guys.. You all have your points there. But please bear in mind. If you have any friends who is doing mortgage or housing loans, or friends in real estate, just ask them how many loans are approvef nowadays compared to loans rejected and how many transactions there is and you would understand the situation better. whistling.gif
I'm not being negative or what, but looking at the figures you will roughly know how well the property market is doing now and I dont believe we have a lot of cash buyers willing to make purchases easily nowadays.
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Good point. But I believe there are some few exceptions.

For those projects which sell well, such as fennel and robertson ..... I haven't heard of drop outs. Maybe I am just too remote ....

This post has been edited by puchongite: Jan 3 2014, 12:20 PM
puchongite
post Jan 3 2014, 12:28 PM

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QUOTE(commander571 @ Jan 3 2014, 12:24 PM)
I have frens who works as a banker or a property negotiator. According to them, the current market is still damn hot where many people are still in the BBB mode. However, it is not easy to secure a loan from bank nowadays especially to those flippers who have already owned a few units. Nevertheless, i see it a good sign to young genuine buyers who have been working hard for so many years and they definitely deserve to own a sweet home. flex.gif

  To those people who used to live in a comfort zone, very sorry, I suggest you try to apply Prima/Affordable houses from government or look for a subsale apartment instead of dreaming to own a landed property with a farm behind.  blush.gif
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Current market is BBB as in buy buy buy but not BBB ( bought bought bought ) ! LOL.
puchongite
post Jan 3 2014, 02:04 PM

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QUOTE(cybermaster98 @ Jan 3 2014, 01:26 PM)
Again i ask the question: How many ppl have actually surveyed the secondary property market in KL/Selangor? How many ppl actually know whats happening here? How many ppl are actually looking at completed condo's and gauging how easy/difficult it is to offload the units upon VP?

Many Malaysian investors are just buying based on whatever rubbish property developers feed them. They treat developers as Gods and hence every word they say should be believed. Lets see where these God's disappear to once the slump hits in 2015/2016.  biggrin.gif
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Do you mind enlightening us what is rubbish and what is non-rubbish ?

Often what's rubbish to you is the gem for others. ( That's why they are buying !).

Without giving specifics, it's hard for me to undertand. notworthy.gif
puchongite
post Jan 3 2014, 02:07 PM

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QUOTE(cybermaster98 @ Jan 3 2014, 02:06 PM)
Rubbish is still rubbish just that some rubbish is coated to hide the stench.
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Sounds like you are saying whatever you bought is gem and whatever others bought are rubbish. Kakaka...
puchongite
post Jan 6 2014, 04:21 PM

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QUOTE(yugimudo @ Jan 6 2014, 04:16 PM)
That sadly is the case. Have you even use the LRT at night? You will wonder who is the minority at KL biggrin.gif
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Or try the rapidKL buses in the day time.
puchongite
post Jan 7 2014, 09:20 AM

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QUOTE(kohts @ Jan 6 2014, 11:18 PM)
Nice one, if u know how to read mandarin. http://cforum.cari.com.my/portal.php?mod=view&aid=44509
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I don't know what garbage talk is that.

How can buying a prop be likened to chew pig bones (啃猪骨头) ? whistling.gif

This post has been edited by puchongite: Jan 7 2014, 09:21 AM
puchongite
post Jan 7 2014, 09:41 AM

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QUOTE(Showtime747 @ Jan 7 2014, 09:36 AM)
Its a proverb man. Chew pig bones means a job nobody likes to do. He is saying buying expensive house is a suffering. But if he doesn't suffer now, his children will in the future

Although I don't agree with him.  tongue.gif
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Chew pig bones does not mean a job nobody likes to do.

Chew pig bones means something difficult to do, and the return is poor ( not much meat ). Yeah buying property may be a difficult job, but the return is mostly good.

puchongite
post Jan 7 2014, 05:21 PM

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QUOTE(Martinis @ Jan 7 2014, 05:11 PM)
"Bukit kiara properties Tong warns measures to cure speculation will slow down the property market which is not good when increasing the supply of property should be encouraged. The likely scenario is a sharp spike in price once the market rebounds."
As i have said repeatedly, there is a SHORTAGE.
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I wonder how much the developers have paid you. whistling.gif
puchongite
post Jan 8 2014, 07:58 AM

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QUOTE(Wiredx @ Jan 7 2014, 05:43 PM)
There is a shortage - of affordable housing. There is an oversupply of high-priced condos. Building more high end condos will not solve the shortage.
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QUOTE(gspirit01 @ Jan 7 2014, 06:08 PM)
U are right. Even developers think this way now.
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QUOTE(Maneki-neko @ Jan 7 2014, 06:15 PM)
Agree  rclxms.gif
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QUOTE(TOMEI-R @ Jan 7 2014, 06:26 PM)
+1 On that.

What we need is affordable housing for everyone. Not overpriced property 'hyped' by some greedy property owner's and real estate agents to lure ordinary folk into paying through their noses for it.

We now have condos at the edge of town like in Selayang (Near Templers Park) going for Rm500 to Rm600k. rclxub.gif

I think people should start moving out of town to be able to afford houses in the future.

Couple with Barang Naik (BN) now to stay, I would reckon it wouldnt look good.
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Granted that even there is a shortage of affordable houses but :-

1. This is nothing new.
2. The developers have no plans to fill the gap for it.

Good times or bad times the developers are not interested in it.

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