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Investment 4 Critical Signs of a Bubble Market, Property Investment

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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.

SUSjolokia
post Jan 7 2014, 09:57 AM

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QUOTE(lilzany @ Jan 7 2014, 09:15 AM)
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.
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Carrefour also need to made a exit & end up in Japanese hand AEON. .lol

Asian r now the king in everything, from electronic, car, even sapu all these kwailou properties in Europe, Australia, North America, soon we have Spanish labour & French maid ..wakakaka

This post has been edited by jolokia: Jan 7 2014, 09:58 AM
joeblows
post Jan 7 2014, 10:37 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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Obviously they will open in Sg first before KL.

With the world's highest concentration of millionaires packed into Sg, why would they be so stupid to give Sg a miss and pick KL instead?
joeblows
post Jan 7 2014, 10:38 AM

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QUOTE(jolokia @ Jan 7 2014, 09:57 AM)
Carrefour also need to made a exit & end up in Japanese hand AEON. .lol

Asian r now the king in everything,  from electronic, car, even sapu all these kwailou properties in Europe,  Australia,  North America, soon we have Spanish labour & French maid ..wakakaka
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On the contrary, US is now rising.

Japan may be the next Spain/Greece in a couple of years.
accetera
post Jan 7 2014, 10:44 AM

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QUOTE(joeblows @ Jan 7 2014, 10:37 AM)
Obviously they will open in Sg first before KL.

With the world's highest concentration of millionaires packed into Sg, why would they be so stupid to give Sg a miss and pick KL instead?
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They exited Singapore before. http://blog.omy.sg/jerome/2013/02/08/the-s...comment-page-1/

Malaysia is now the no.2 or no.3 luxury market in Southeast Asia with estimated growth rates being quite good. You can read a recent article here >>> http://www.nytimes.com/2013/11/22/fashion/...Power.html?_r=0

A simple illustration of the upper society in Malaysia and their countless luxury events could be seen in luxury-based magazines such as Malaysia Tattler and Prestige. Get one copy and see the people.

Interestingly, Indonesia is now the "hottest" luxury market in Southeast Asia. You can see the official forum of luxury shopping in Jakarta here >>> http://www.skyscrapercity.com/showthread.php?t=1626298

This post has been edited by accetera: Jan 7 2014, 10:46 AM
icemanfx
post Jan 7 2014, 12:03 PM

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QUOTE(accetera @ Jan 7 2014, 10:44 AM)
Interestingly, Indonesia is now the "hottest" luxury market in Southeast Asia. You can see the official forum of luxury shopping in Jakarta here >>> http://www.skyscrapercity.com/showthread.php?t=1626298
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There are more investment going into indon natural resources and manufacturing, both sectors are stronger and bigger than here.
katijar
post Jan 7 2014, 01:47 PM

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property bubble makes people think they are "rich" therefore they spend on luxury items ... Logical?
Kevin Chan
post Jan 7 2014, 01:53 PM

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QUOTE(katijar @ Jan 7 2014, 01:47 PM)
property bubble makes people think they are "rich" therefore they spend on luxury items ... Logical?
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easy money/credit does that, bubble only magnified it.

especially easy payment scheme ...
no down payment ...
payment differed 12 months ...
Wiredx
post Jan 7 2014, 03:11 PM

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QUOTE(katijar @ Jan 7 2014, 01:47 PM)
property bubble makes people think they are "rich" therefore they spend on luxury items ... Logical?
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I think they go in tandem but one doesnt necessarily cause the other. Like the other reply said its easy credit that makes people 'feel' rich
gspirit01
post Jan 7 2014, 03:11 PM

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QUOTE(katijar @ Jan 7 2014, 01:47 PM)
property bubble makes people think they are "rich" therefore they spend on luxury items ... Logical?
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It is not logical, it is a fact proven by psychologists. Forgot where I saw the source previously. Try google.
MishimaZ
post Jan 7 2014, 04:05 PM

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QUOTE(AmayaBumibuyer @ Jan 6 2014, 08:23 PM)
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 people drive cars but there are lots who use lrt too.
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Still didn't answer my question leh.... Prestigious or not?

Want compare to those few that commutes to the majority that drive to work meh? Full parking outside LRT station comparable to the number of vehicles that pass by Jalan Loke Yew every morning ah? You think you only Cheras guy ah?? Or just migrate here then anyhow claim sendiri Cheras guy ah?

Good if you have no regrets la, hopefully you really benefited to refute what I saw at a certain new condo la... thumbup.gif

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


Keyword: If it happens.

In short the current property pricing boom was due to speculation.




boyslikeboys
post Jan 7 2014, 04:42 PM

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Critical signs of bubble... what bout critical signs of inflation ??????????


Petrol up, sugar up, toll up, GST up! Everything will only go up.

Keep living in fantasy properties will plunge to dirt cheap prices...

Minor correction maybe but not prices back in 5 - 10 years.
Martinis
post Jan 7 2014, 05:11 PM

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"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.
TOMEI-R
post Jan 7 2014, 05:15 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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Shortage? Go do abit of homework around Kiara and see how many units are up for sale and rent now. nod.gif
accetera
post Jan 7 2014, 05:16 PM

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The new pricing for upcoming projects are kinda Spectacular. I wonder why....
TScybermaster98
post Jan 7 2014, 05:19 PM

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Its also quite shocking to note the number of price increases across board this year from food to parking to clothes, etc. I think its complete bollocks for Bank Negara to say that inflation is only 3%. vmad.gif
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
bearbearwong
post Jan 7 2014, 05:29 PM

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QUOTE(boyslikeboys @ Jan 7 2014, 04:42 PM)
Critical signs of bubble... what bout critical signs of inflation ??????????
Petrol up, sugar up, toll up, GST up! Everything will only go up.

Keep living in fantasy properties will plunge to dirt cheap prices...

Minor correction maybe but not prices back in 5 - 10 years.
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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
Wiredx
post Jan 7 2014, 05:43 PM

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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.
gspirit01
post Jan 7 2014, 06:06 PM

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Looking at all those threads and replies, i realised that i previously way undersestimated the "demands" for prop investment. I was right, with many people here, that the price spikes were due to investment speculation. However, I never realised until recently that how ignorant these so called investors are on the prop investment knowledge. Everywhere I see,

"Wah, invest prop make so much lah!"
"This one can invest or not ?"
"Prop price can go up only nia"
"This one sure go up"

Come on lah, at least learn how to evaluate lah. If can't calculate loan interest, principal remains, rental yield, how can one evaluate ? Many masters already stopped buying or buy only when there is a good deal. All those half cooked can't wait to jump in. sweat.gif

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