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Investment 4 Critical Signs of a Bubble Market, Property Investment

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bearbearwong
post Dec 30 2013, 08:33 PM

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QUOTE(fast_coder @ Dec 30 2013, 08:28 PM)
why wouldn;t he want to sell lower than market? and let the bank foreclose ?
tq
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You can.. but just now got ppl laud for not selling as it id making a loss.. this old pro which with 70k renovation is difficult to sell off just like those flippers who are selling at rm 700k like mahkota cheras.. kajang.. bukit belimbing 1 million.. and etc lu
bearbearwong
post Dec 30 2013, 08:47 PM

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QUOTE(gspirit01 @ Dec 30 2013, 08:36 PM)
Money made, realised or unrealised, is considered owned. Taking an actual loss is psychologically painful. Unless one is professionally trained, normal people is just not built to cut loss. So, the poor guy is trapped until the last minutes, when our cruel repoman above is taking action on him.
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I think y the whole process is it terrifies your children.. old.. in summary the household.. more interestingly.. their neighbours normally chinese.. will be " extra caring " to know wat happen.. normally hokkien ppl where can tahan.. those uncle definately cannot tahan.. ur parents sure nag u.. this process will continued every 2 weks til the bank under lawyers advice is satisfied..

I say the higher your position the more painful u feel.. the worse is ... this 3 day of chinese new year.. court start working they have scheduled some house ad well but middle upper clasd one.. luckily my fellow collues is going ..this is just one of the method still got 3 types

good luck flippers..
bearbearwong
post Dec 30 2013, 08:50 PM

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Btw another victim this week mahkota cheras section 2.. 40 year old guy update u guys later
bearbearwong
post Dec 30 2013, 08:55 PM

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QUOTE(gspirit01 @ Dec 30 2013, 08:47 PM)
I do feel that is happening as well. Y were they made? It is like how hate-rich was created during china communism era, in another form. The word "flipper" is badly hated in this thread.
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Hmm I am educated one.. those instructions are all based on clients request strictly from the number of police all the way to demanding and etc.. u try default and talk to to the colection debt bank officer..

they say they are like you.. flippers just merely doing business in legal way.. I there to collect the loans and money u have spend together with their projected profit.. intetest..

The better would be revolution.. you have shaped us tothis.. so flippers those low end and flippers wannabe.. me and my team are carrying work legally.. ok
bearbearwong
post Dec 30 2013, 09:30 PM

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QUOTE(gspirit01 @ Dec 30 2013, 09:19 PM)
Noted. Luckily I am not a flipper.  sweat.gif
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I m not just say flippers those with bad financialnplanning will resort to this as well.. bit since property loans form the largest debt individually.. more often than not.. it oways end with them..

property reaching this height and has no choice but to prove the point that property is a basic shelter rather than investment..
bearbearwong
post Dec 30 2013, 09:34 PM

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QUOTE(icemanfx @ Dec 30 2013, 09:00 PM)
Flipper ala speculator by definition doesn't contribute any value or work to the economy except price escalation. Flipper is not hated but doesn't deserve any sympathy when they failed.
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I am amazed... thank you for clearing for me..
bearbearwong
post Dec 31 2013, 05:41 AM

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QUOTE(ManutdGiggs @ Dec 30 2013, 10:41 PM)
With millions in pocket, not so soon la. laugh.gif

Worst is stagnant lo. Collecting rental to wait for the next round is not gonna make anyone a loser.  Will it??? When the next round comes around, many ll start to say 早知
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Ppl will choose yo rent ur 2k or evrn 3k fouble storey right.. you will be oeays be the lucky ones right..
bearbearwong
post Dec 31 2013, 05:46 AM

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QUOTE(tikaram @ Dec 30 2013, 10:36 PM)
Before usa property burst....spain property burst...dubai property burst.

brancrupcy due to housing loan is small 8%...

But after bubble...the % is 60%
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Quite many sei chang.. hold till die lor.. some foroumers here have sum reserve not more than 5 million wow lets guess... keke
bearbearwong
post Dec 31 2013, 05:51 AM

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QUOTE(rainman19 @ Dec 30 2013, 11:28 PM)
When it collapsed, everyone will b affected n
doesn't meant good news for ppl purchase property unless u loaded with bullet by ur own. (Everything cash only)
The moment u want buy doesn't meant bank want offer to u too, bank oso not dare offer to ppl too.

Collapse might caused more ppl suffer.
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but it really need a collapse to make everyting back to normal again.. ur cute govetnment u tink will bail u out again ah.. but along the line.. flippers are going to suffer the most.. with debt... dubai usa also can collapse malaysia wont right?

I tink in any cycle surely got ppl not affected.. even though collapse.. those ppl will wipe it clean
bearbearwong
post Jan 1 2014, 08:42 AM

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QUOTE(BTimes @ Jan 1 2014, 08:27 AM)
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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It is very good for investment..for you..
bearbearwong
post Jan 1 2014, 09:18 AM

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QUOTE(BTimes @ Jan 1 2014, 08:24 AM)
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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Even singapore crash di.. malaysia wor.. not everyone has holding powwr like you.. since u have many properties.. mind telling us those property age 1-5 years of which kena RPGT.. are u going to factor the RPGT into new purchase price since it is now 2014..

really a lot of investors lehhh...LANDED ones: vacant mind you all sold out and completed with cf di..

200 plus house in TTDI Groove still elenena.lily
200 plus in kajang 2 exp nadayu 92
200 plus in bandar puncak saujana new phase coming
50 plus in sauijana villas
50 in bandar putra mahkota bangi
300 plus in kota warisan sepang
40 1080 residence villa
50 plus taman jelok impian
new bunglow project opposite jelok impian 40 x 102 feet one
50 units of bunglows in laville cheras selatan..
Some 100 plus house in sungai chua call wat silk someting..
100 plus double storey in bukit belimbing area selling 1million
BANDAR MAHKOTA CHERAS ( BMC)
60 plus double storey section 5 bandar mahkotA cheras choontian..
40 units semi d selling 1.4 M east part 72
20 units cheras vista 3 Bmc
30 units of bunglow by TAN MING corp.. 2.88 M
50 plus dounble storey units desa budiman
200 plus double storey in palm walk 3..selling 780k
100 plus villa bandar bukit suria 1, 2 &3
200 plus double storey palm walk .
100 plus cheras tropinaca
100 plus lumchang Corp westiara etc u guys sure got this just when u pass cheras highway u see overhead MRR2.
400 plus comfirm vacany setia echo hills
200 plus bandar teknology double storey
at least 300 plus our beloved southville project still keeping sms of the balloting still on despite the new DATA PROTECTION ACT..
300 plus seri pajam u guys confirm know
100 plus gargen residence villa by mah sing
this is all I can remember this morning.. havent include other area like shah alam.. kota keminung.. puchong..
Seri kembangan.. serdang.. d3ngkil.. putrajaya.. klang.. bukit jalil.. mantin.. banting...rawang 2.. bukit beruntung according to some coming up.. bukit raja.. jinjang so many klang valley.. guys please contribute.. these havent include THOSE SOFO.. SOFOS.. SERVICE APARTMENT.. CONDO.. AND ONLY SRLANGOR HAVENT INCLUDE THOSE OLD HOUSING AREA READY TO SELL..

U sure these ppl can hold these property and are financially sound.. and going to increase the price by factoringRPGT.. as u mention even decelopers also apply ABS BRAKE .. can we reach dome form of consensus.. market is bad...
bearbearwong
post Jan 1 2014, 09:34 AM

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QUOTE(BTimes @ Jan 1 2014, 09:23 AM)
RPGT is a tax on profit, so it is still profitable.  But I don't think I will be selling.  Most Malaysians and Singaporeans are getting more affluent and population is increasing healthily (check household income data).  Everyone needs a roof over the head, so the general trend is stable or up.

If property price crashes, the government and industry will be mired in a lot of debt, which will downgrade the rating.  So it is counter to what the government has been doing to maintain the rating.
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U are just talking on the small portion of you guys.. singaporean now can only buy 1 million and above.. u dont seem to know.. dats y iskandar collapsing .. u came across thesse prop I mention above most probably u di have invested the same.. I m reli against those no brainers bagging 200k and still ask for S&p discount sumore 50 % ..

I m keen that the market will collspse despite u guys holding back..when the next unit cant tahan. Sell at 20% lower.. it start.. those 40 and above these risk will definately trouble your family.. actually all I m saying is fact supported with evidence.. urs are projected outcome..
bearbearwong
post Jan 1 2014, 09:39 AM

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QUOTE(Wiredx @ Jan 1 2014, 09:26 AM)
Actually what is the point of boasting about strong holding power? The longer you need to hold (no suitable buyer/renter) the more money your investment drains out, unless one is sure the prop will be valued 3-4 times higher by the time you're ready to let go. But even then will there be enough profits for it to make sense after holding it for so long?
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I guess only.. the handsome guy hold a unit in the list I abovementioned.. seriously.. sell it a lower price I will consider.. ppl who reli can hold back wont waste time here they busy entertaining buyers.. no point u keep saying u have d holding power when large majority does not.. even we assume all flippers have the same ability.. the issue of affordability and the market will be the bar to your investment..
bearbearwong
post Jan 1 2014, 09:44 AM

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QUOTE(gspirit01 @ Jan 1 2014, 09:38 AM)
I think the two camps here won't be agreeing with the other party ever. In fact, alot of views here are from personal stands, as opinion is already formed by taking positions(buy or sell or hold).  In fact, it is like blind men touching the elephant, all of them are partially right.

I think only some concrete numbers will tell the truths. Instead of argueing whether u r right or wrong, why dun you start with household incomes, house/condo supplies, etc, to see whether this prop market will be up or down.  If u r blessed with first hand info with people around u, judge their abilities to further invest or start selling, then you get a clear pictures.

When the price curve is in the middle, no one can tell for sure it is going up or down. Only when the price is beyond the reach of most, it will stagnate and fall! Is this prop market beyond reach yet ? Let the number tell u.
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I think it is more probable than not.. the staggering numbers of empty and vacant is the best proof.. u can gi on and drive your car to these area I mentioned and see.. please dun fool the youngster of the plan of investment by buying ftom you.. youngster very charm leh need vios credit card.. fancy food.. haizz

Even without the increase the market already like this.. now even increase their pay/business still d same. You are targeting working class the middle class right.. can they afford many units wont be vacant..
bearbearwong
post Jan 1 2014, 02:22 PM

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i really think youngester or the alleged 2.5 million young ppl can even afford.. put the test to your self.. definately some smart ass will say every year osos got 2.5 million ppl go to market sure demand more that suppy.. malaysian polulation only 30 million lehh.. including flippers and developers lol

don't whether it works:

those property listed just now.. go and have a look at your own whether it is worth worth investing after seeing those empty units..

thereafter, still convinced by the the fact many say price will up...
go on and hold test to yourself..
lets say kajang landed 780k TTDI groove.. plus the flippers intention to factor in the 30% RPGT lahh.. maybe around 850k soon..
so take the best bank interest ah.. RHB according to prop wall but will fluctuates one

850 k= minus 10% downpayment
Top 3 Cheapest Loans found
Bank Interest Monthly
RHB 4.1% RM 3150.53
Alliance 4.15% RM 3171.75
Hong leong4.2% RM 3193.05

so ah.. u try 3 months grace period to BANK IN rm3.1 k into the account for 3 months see whether can or.. then think whether your job is stable enough to last for 420 MONTHS (35 years). minus your car allowance around RM700.00. these is the basic

hmm still assessment and other rubbish.. renovation, power gate, curtains, sofas, tv and etc u know how to count lo..

and of course.. down payment of 85 k plus 35k lawyers fees on loan, S&P stamp duties..

sometimes also think also you will be going through 35 times of chinese new year.. got money to use bo? marriage? by the time you 50 u think salary will go 20K?

if all were answer in affirmative.. you are qualified buyer
next question is is it worth it? 850 k. u have at the end pay RM1.34 million assuming the BLR remains the same..


if you are investor or trying to make investment of the above named properties:
you bought 850k, how much you wanna sell? 1 million i guess or lowest 950 k? would you yourself BUY THIS?

Flippers.. can tr answer this simple question ah.. will you buy the property back for 950k? i think NO.. what say u guys?

even middle class and middle upper class can afford this repayment/ servicing the loans ah you be the bank's slaves.. we already tied up by the car loan.. the investors will be laughing at you like mad!! at OLD town u see these uncle say haizz got one stupid youngter bought my landed for 850k WALAO I JUST BOUGHT I FOR RM400K .. youngster are stupid.. we uncle rules.. haha

This post has been edited by bearbearwong: Jan 1 2014, 02:30 PM
bearbearwong
post Jan 1 2014, 09:08 PM

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QUOTE(kamilnu @ Jan 1 2014, 04:40 PM)
3000 unit onli.....we need more houses. So people will buy sub-sale at exorbitant prices. Don't see any bubble here.
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oi these is only where??? other areas lehhh? only kajang and bandar mahkota cheras lahhh ... still havent include any SOFO, SOFOS service apartment condo at ALL PLEASE CHECK PROPERLY before posting..
bearbearwong
post Jan 1 2014, 09:09 PM

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QUOTE(Martinis @ Jan 1 2014, 04:36 PM)
I add up all in your list. 3,000 units only. I think there is not enough supply! Every year, how many people come out to work in Klang Valley???

Some more, all those areas you listed a bit ulu one. Those prime ones in PJ/Kota Damansara/KL area serious shortage le.
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izzit read the post carefully bfore posting... only kajang and bandar mahkota cheras havent include other area stated above.. havent include any

SOFOS
SOFO
service apartment
condomuniums
townhouse

can u even afford to buy any listed above?
bearbearwong
post Jan 1 2014, 09:12 PM

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QUOTE(Martinis @ Jan 1 2014, 06:30 PM)
Thanks for your observation. The potential demand is HUGE in the coming years. Potential demand either in renting, or if they can afford, subsale purchase.

Huge shortage in housing supply. How can price come down?
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maybe u want to read the whole post before commenting..

if demand so high and NOT supported affordability.. care to explain why the properties above tagged unsoldu occuppied

Good luck in property invest.. buy more..

This post has been edited by bearbearwong: Jan 1 2014, 09:20 PM
bearbearwong
post Jan 1 2014, 09:23 PM

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QUOTE(gspirit01 @ Jan 1 2014, 09:01 PM)
Actually if he can offer some new perspective, that would be nice. Maybe we hv mislook somethings. So far:

No dibs --> flippers gone
One mil cap --> foreigner investor reduced.
High end --> beyond most's capabilities
Middle end --> beyond genuine young house seekers' capabilities.
Massive Vp--> increase supply
Rpgt --> reduce investment profit or feasibilities.

I just couldn't find reason to jump in now.  Just plain words that demand is huge can't quite convince me.
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Nicely done.. ask them where are their properties.. mb can sell cheaper to us since we all LYN members
bearbearwong
post Jan 2 2014, 09:37 AM

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QUOTE(jolokia @ Jan 2 2014, 09:33 AM)
http://www.thestar.com.my/News/Nation/2014...ial-discipline/

Earn 7-10K per month before talk about demand. .lol

Those who think 500K SPM students will come to KV & buy or rent your property ..lol first ask yourselves r your company willing to pay them 7-10K starting salary or not...lol
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Ya lu.. even professional wint get that... even you get that amount.. how long u tink u can last with that 35 years mehh.. name me proffesion that earn dat much.. excluding businessman of which more often than not unstable one and those O&G workers

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