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Investment 4 Critical Signs of a Bubble Market, Property Investment

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yugimudo
post Jan 6 2014, 04:16 PM

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QUOTE(cybermaster98 @ Jan 6 2014, 04:13 PM)
I agree to this 100%. I had the distinct 'privilege' of re-visiting the heart of KL for the New Year's Eve Countdown. Changkat was quite all right. But imagine my horror when our group took a walk to Beach Club, Rum Jungle and Modestos. We were completely outnumbered by the waves of Asian foreigners e.g Banglas, Nepalese, Pakistani, etc and mind you these are the working class ppl. The music that the new Beach Club was churning out was something that sounded Arabic. Nothing in English. Same with Modestos and Rum Jungle.

This is probably the last time im ever gonna consider the heart of KL for clubbing. So yes the standard of entertainment in KL has surely dropped to its lowest standards. The influx of foreign labor was really shocking. Even at Monorail stations and along the major roads, Malaysians were virtually outnumbered 10-1.

What has become of our country!  cry.gif
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That sadly is the case. Have you even use the LRT at night? You will wonder who is the minority at KL biggrin.gif
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.
Clareen
post Jan 6 2014, 04:59 PM

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QUOTE(MishimaZ @ Jan 6 2014, 03:47 PM)
It is cheap if it is really Cheras. But its Makhota Cheras.... close to Kajang lol. At that distance you figure if it is cheap, medium or expensive. biggrin.gif
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sound like so deep inside blink.gif but isnt it consider cheap since it's in klang valley area still? some more landed
zephyrus9999
post Jan 6 2014, 05:39 PM

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im not sure if the "classic bubble scenario" works on props as the market is not as volatile as you see in gold, forex or stocks. Gold yes, increase increase increase, everyone got fever and sudden spike in price before crash. lol. In props even if it drop, it will not crash in 1 week or so. it follows a sinusoidal wave pattern. it may take several months for it to drop 10%, slowly and slowly. By the time it reaches "low" enough that some perceive it, it may get snapped by pipu. Property is a long term thing and is not like paper gold or bitcoin, worthless.

Well i dunno for u all, my cousin whose retired at 40 multi millionare property investor (also lucky to born at the time such that 1999-2013 property uptrend can sapu alot lol) said, it definitely will not crash, but may do some correction. landed are still perceived to be valuable and maybe gg to super high end high rise. Too much supply, but not many increament in expats = vacant. Rent oso susah. Even if crash, very fast can pick up back. And ppl are too obsessed about developer launches lol. Worship them like God and feeding them with money only haha.

Also, poor buggers always complain about the system. Successful people only keep quiet bcoz its not their problem. Always thrs a hierarchy in society man. Where you fail and whine to have 500k to buy a house, thrs some1 behind sapu 5 of them :/

well.. in such time personally i think go for landed, and most important is holding power

SUSjolokia
post Jan 6 2014, 06:22 PM

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QUOTE(zephyrus9999 @ Jan 6 2014, 05:39 PM)
im not sure if the "classic bubble scenario" works on props as the market is not as volatile as you see in gold, forex or stocks. Gold yes, increase increase increase, everyone got fever and sudden spike in price before crash. lol. In props even if it drop, it will not crash in 1 week or so. it follows a sinusoidal wave pattern. it may take several months for it to drop 10%, slowly and slowly. By the time it reaches "low" enough that some perceive it, it may get snapped by pipu. Property is a long term thing and is not like paper gold or bitcoin, worthless.

Well i dunno for u all, my cousin whose retired at 40 multi millionare property investor (also lucky to born at the time such that 1999-2013 property uptrend can sapu alot lol) said, it definitely will not crash, but may do some correction. landed are still perceived to be valuable and maybe gg to super high end high rise. Too much supply, but not many increament in expats = vacant. Rent oso susah. Even if crash, very fast can pick up back. And ppl are too obsessed about developer launches lol. Worship them like God and feeding them with money only haha.

Also, poor buggers always complain about the system. Successful people only keep quiet bcoz its not their problem. Always thrs a hierarchy in society man. Where you fail and whine to have 500k to buy a house, thrs some1 behind sapu 5 of them :/

well.. in such time personally i think go for landed, and most important is holding power
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1st classic joke.
When ever i heard this i have a friend or i know someone who very sucessful in property fliiping never make any losses gain million & million playing property, i was thinking what the hack is these top 40 richest malaysia doing every day in office still strugering at old age ? why not just buy & sell few property & reitre at 40 enjoying life ?? hmm.gif

Second classic joke there is alway someone who is richer than you willing to buy property at any price seller want. laugh.gif

Why those richer than me bugger never buy oil when it reach USD 148 ? Why they never continue to buy gold at previous peek price & let gold price fall ? why never continue buy share & let our stock market fall after year end record high ? Why why why if these rich fellow continue to buy now my property would have reach 10 folds price & i too can as declare multi millionaire ? whistling.gif

Why lah no rich fellow sapu 5 Bukit Beruntung & Semenyih landed at one go, save those who bought & stucked there lah. shakehead.gif

I am waiting for some rich white knight to offer me 10 millions for my landed too, then i mah can retired loh, so tired waking up 5:30am every day to work lah.. cry.gif


zephyrus9999
post Jan 6 2014, 06:33 PM

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QUOTE(jolokia @ Jan 6 2014, 06:22 PM)
1st classic joke.
When ever i heard this i have a friend or i know someone who very sucessful in property fliiping never make any losses gain million & million playing property, i was thinking what the hack is these top 40 richest malaysia doing every day in office still strugering at old age ? why not just buy & sell few property & reitre at 40 enjoying life ??  hmm.gif

Second classic joke there is alway someone who is richer than you willing to buy property at any price seller want.  laugh.gif

Why those richer than me bugger never buy oil when it reach USD 148 ? Why they never continue to buy gold at previous peek price & let gold price fall ? why never continue buy share & let our stock market fall after year end record high ? Why why why if these rich fellow continue to buy now my property would have reach 10 folds price & i too can as declare multi millionaire ?  whistling.gif

Why lah no rich fellow sapu 5 Bukit Beruntung & Semenyih landed at one go, save those who bought & stucked there lah.  shakehead.gif

I am waiting for some rich white knight to offer me 10 millions for my landed too, then i mah can retired loh, so tired waking up 5:30am every day to work lah..  cry.gif
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ur arguement doesnt even fall on same channel. you can go jolok ur own balls.

You dont have to believe me, not forcing you. But he is no longer playing in msia market anyway, but london. Still holding several condos in msia but not selling. You can ask why some richfag still does his job when he can sell off all his assets and enjoy life at home. Its legacy. Ask some parents why inherit houses from generations to generations without selling them of?

all ur posts makes you sound like a sour grape who fail so bad and never believe in others achievement. continue on and be as pessimistic as ur life can be. kudos to u
SUSAmayaBumibuyer
post Jan 6 2014, 08:10 PM

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I make it general here.

Saying living near KLCC is not good? Really? How down can that person be for saying this? Really praying for a crash i guess. Come on. It is not about the night life as well. Look at the banks that you can work in all over the place. It is the next financial hub with the coming of TRX. The ameneties are superb. Have low yat nearby to buy your pc or ur phones. The pack Pavillion everyday and very pack on Friday night in all the reatauraunts ground floor there. Yup the rich fellas with the high salary go there to have fun on Friday night. I know.

Well as i said there other cheap properties in Malaysia. Take your pick. Dont need to be near KLCC if u dont like it. And guys if really KLCC area is that bad and not a good place to buy property, then might as well not buy any property at all in Malaysia.



This post has been edited by AmayaBumibuyer: Jan 6 2014, 08:14 PM
SUSAmayaBumibuyer
post Jan 6 2014, 08:23 PM

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QUOTE(MishimaZ @ Jan 6 2014, 11:49 AM)
» Click to show Spoiler - click again to hide... «


I had been a Cheras guy my entire life, I had not seen anything prestigious about Tmn Maluri? Own stay, okay lah... but for invest? Hmmmmm.... what kind of target demographics when expats don't really look out that place? The best place in Maluri is always the single storey terrace right under the LRT, but that place always flood whenever long heavy rain comes. Last heard from a friend who stayed there they were offered a million by MRT Corp to move out out, they missed the boat and now MRT had diverted their lines.

» Click to show Spoiler - click again to hide... «

Location location location theory makes sense but again it was the bull market that doesn't. Price UUU is correct in general, but putting a premium because it seems 'convenient' wasn't really convincing since the majority still prefer to travel in cars instead of commuting to work.

My questions is, what kind of people in their right mind will pay a premium for a shoe boxed serviced apartments for own stay purposes but put it as investment first?
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Go to Jalan Perkasa laa and see how many people renovate to bungalow size already. Really aa u cheras guy?

And for your second question, what kind of guy? The forward thinking kind of guy. Coz i dont regret one bit coz it all works out for me. Anyway the premium that i paid just become higher.

And people there drive cars instead of commuting? Really aa u live in cheras? Lots of peoplw drive cars but there are lots who use lrt too.
Neil_Old
post Jan 6 2014, 09:19 PM

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QUOTE(AmayaBumibuyer @ Jan 6 2014, 08:10 PM)
I make it general here.

Saying living near KLCC is not good? Really? How down can that person be for saying this? Really praying for a crash i guess. Come on. It is not about the night life as well. Look at the banks that you can work in all over the place. It is the next financial hub with the coming of TRX. The ameneties are superb. Have low yat nearby to buy your pc or ur phones. The pack Pavillion everyday and very pack on Friday night in all the reatauraunts ground floor there. Yup the rich fellas with the high salary go there to have fun on Friday night. I know.

Well as i said there other cheap properties in Malaysia. Take your pick. Dont need to be near KLCC if u dont like it. And guys if really KLCC area is that bad and not a good place to buy property, then might as well not buy any property at all in Malaysia.
*
Some people might choose their place to stay based on availability of night life and some other might avoid certain area because of the same thing. Probably the latter group is more likely than the former in the case making decision based on clubbing/night life scene in the area.

KLCC is high class for high income but it has very little to do with the availability (or lack of if you prefer) of a clubbing scene. As for the clubbing crowd in KLCC I thought it was a well known fact that the majority there is not locals (and that's even when excluding the foreign tourists) and that's the way it has been for at least the last couple of years. Hint: go to KLCC LRT station at any Friday/Saturday after 7pm and see who arrives and who leaves smile.gif

Why would a company choose to pay higher office rent in KLCC (for example twin towers) compared with other office locations?

Because of the smooth KLCC traffic? Nahh, jammed.
Because of LRT station? I don't think so, got plenty of cheaper office locations along the LRT lines.
Because of great places to have lunch? Because of good shopping malls nearby?
Because it's KLCC and in Malaysia KLCC is associated with class. You know you want that KLCC address on your business card.

As for the TRX we'll have to wait and see how that develops, just because the gov't have some ideas about what kind of development they want there doesn't mean it will happen (e.g. Cyberjaya).


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post Jan 6 2014, 09:30 PM

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To put it in an ironic way, the demographic that enjoys clubbing is likely too poor to live near good clubbing areas whereas those who could afford those areas tend to look for more peaceful districts biggrin.gif
SUSAmayaBumibuyer
post Jan 6 2014, 10:03 PM

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QUOTE(Neil_Old @ Jan 6 2014, 09:19 PM)
Some people might choose their place to stay based on availability of night life and some other might avoid certain area because of the same thing. Probably the latter group is more likely than the former in the case making decision based on clubbing/night life scene in the area.

KLCC is high class for high income but it has very little to do with the availability (or lack of if you prefer) of a clubbing scene. As for the clubbing crowd in KLCC I thought it was a well known fact that the majority there is not locals (and that's even when excluding the foreign tourists) and that's the way it has been for at least the last couple of years. Hint: go to KLCC LRT station at any Friday/Saturday after 7pm and see who arrives and who leaves smile.gif

Why would a company choose to pay higher office rent in KLCC (for example twin towers) compared with other office locations?

Because of the smooth KLCC traffic? Nahh, jammed.
Because of LRT station? I don't think so, got plenty of cheaper office locations along the LRT lines.
Because of great places to have lunch? Because of good shopping malls nearby?
Because it's KLCC and in Malaysia KLCC is associated with class. You know you want that KLCC address on your business card.

As for the TRX we'll have to wait and see how that develops, just because the gov't have some ideas about what kind of development they want there doesn't mean it will happen (e.g. Cyberjaya).
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Cant say it better myself.
SonicKimi88
post Jan 6 2014, 10:10 PM

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https://www.youtube.com/watch?feature=playe...d&v=W4_duwKXtVM

About China Property.
kohts
post Jan 6 2014, 11:18 PM

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Nice one, if u know how to read mandarin. http://cforum.cari.com.my/portal.php?mod=view&aid=44509
joeblows
post Jan 6 2014, 11:34 PM

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QUOTE(AmayaBumibuyer @ Jan 6 2014, 08:10 PM)
I make it general here.

Saying living near KLCC is not good? Really? How down can that person be for saying this?
I'm saying this.

You can choose to believe I'm "down" and syiok sendiri, but the only thing that's down is the bank accounts of those buyers who bought KLCC prop and can't sell off or rent out...LOL!



QUOTE(AmayaBumibuyer @ Jan 6 2014, 08:10 PM)

Really praying for a crash i guess. Come on. It is not about the night life as well. Look at the banks that you can work in all over the place. It is the next financial hub with the coming of TRX. The ameneties are superb. Have low yat nearby to buy your pc or ur phones. The pack Pavillion everyday and very pack on Friday night in all the reatauraunts ground floor there. Yup the rich fellas with the high salary go there to have fun on Friday night. I know.
QUOTE(Neil_Old @ Jan 6 2014, 09:19 PM)

KLCC is high class for high income but it has very little to do with the availability (or lack of if you prefer) of a clubbing scene. As for the clubbing crowd in KLCC I thought it was a well known fact that the majority there is not locals (and that's even when excluding the foreign tourists) and that's the way it has been for at least the last couple of years. Hint: go to KLCC LRT station at any Friday/Saturday after 7pm and see who arrives and who leaves smile.gif

Why would a company choose to pay higher office rent in KLCC (for example twin towers) compared with other office locations?

Because of the smooth KLCC traffic? Nahh, jammed.
Because of LRT station? I don't think so, got plenty of cheaper office locations along the LRT lines.
Because of great places to have lunch? Because of good shopping malls nearby?
Because it's KLCC and in Malaysia KLCC is associated with class. You know you want that KLCC address on your business card.

As for the TRX we'll have to wait and see how that develops, just because the gov't have some ideas about what kind of development they want there doesn't mean it will happen (e.g. Cyberjaya).
*
No one buys a house because it is near a club, but generally expatriates (wondering if any of you have ever worked with any before considering how clueless you are on your KLCC target market) would prefer to rent/live in an area with lots of amenities, nightlife (ie NOT just clubbing, but pubs, restaurants, live music environments etc) nearby. Notice amenities is included? Guess you didn't read the post where it was outlined that KLCC amenities are lacking compared to other suburbs.

KLCC associated with class? Perhaps, it could be so for office.
But not everyone wants to live close to the office and not every office is located in KLCC anyways.

Anyway, this is a silly argument. There is a reason why occupancy in KLCC is way low (much lower than the so-called "depressed" MK). And many flippers have been caught in KLCC - subsales there is slow like hell. Don't believe me? Go check with some CBD specialist agents, and make sure you hear the truth not marketing talk lol.

You can choose to believe I'm jealous, bla blablabla whatever. Caveat emptor, as they say. smile.gif
SUSAmayaBumibuyer
post Jan 6 2014, 11:44 PM

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Yalor buy la somewhere else, dont buy near klcc. Let Someone else buy. Cant afford, yeah we understand.
accetera
post Jan 6 2014, 11:51 PM

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If confirmed, then big clap applause. It boosted the values of properties nearby its Jakarta store.

user posted image
https://www.facebook.com/groups/115179435202482/
gspirit01
post Jan 7 2014, 07:05 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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Thanks for sharing. A post before the above is also very interesting.

http://cforum.cari.com.my/portal.php?mod=view&aid=44406
lilzany
post Jan 7 2014, 09:15 AM

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QUOTE(accetera @ Jan 6 2014, 11:51 PM)
If confirmed, then big clap applause. It boosted the values of properties nearby its Jakarta store.

user posted image
https://www.facebook.com/groups/115179435202482/
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French big entity is full of fail. I know some of the big brands are French but brands are not equal to department stores sorry.
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
Showtime747
post Jan 7 2014, 09:36 AM

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QUOTE(puchongite @ Jan 7 2014, 09:20 AM)
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
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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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