Investment 4 Critical Signs of a Bubble Market, Property Investment
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 Dec 18 2013, 04:44 PM
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#61
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1,255 posts Joined: Dec 2013 
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QUOTE(SonicKimi88 @ Dec 18 2013, 04:19 PM) Is not going to be cheap to convert it and that also no guarantee on return for this investment..some said is depend on your luck... They say when u are ong / lucky only , birds will come to you. No luck, can't attract 'bird' lah!   Cerita Benar. |
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Dec 18 2013, 05:36 PM
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#62
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1,255 posts Joined: Dec 2013
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QUOTE(CaptainCool @ Dec 18 2013, 05:31 PM) lol, if i'm developer i wouldn't take off my pants to show the whole world my ass right? Bare bottom - Nice!   |
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Dec 18 2013, 05:45 PM
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#63
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1,255 posts Joined: Dec 2013
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QUOTE(Maneki-neko @ Dec 18 2013, 05:19 PM) Well, If i were the developer, i would buy a cheap land bank far far away from KL town, say Pajam, and develop low cost flats / apartments with condo facilities Anyone knows, how easy to get developer's license? Can a bunch of us buy a plot of land and start building ourselves and sell out at reasonable price? What's the costing like,I wonder?  Price below RM 100k per unit  |
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Dec 18 2013, 05:51 PM
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#64
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Friends, read this:
How Taib Family Built Huge Housing Wealth In The Name Of Kuching’s Poor http://hornbillunleashed.wordpress.com/2013/11/21/53345/ |
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Dec 18 2013, 05:52 PM
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#65
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1,255 posts Joined: Dec 2013
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QUOTE(New Klang @ Dec 18 2013, 05:51 PM) How big is the bubble now? It is already 48 pages. At this rate, going 84! |
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Dec 18 2013, 06:24 PM
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#66
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Bersyukur, u folks in Peninsular Malaysia! Read about our brothers' plight in Sarawak! Their bumbung even terbang!
 http://www.sarawakreport.org/2013/11/modul...s-shame-on-cms/ |
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Dec 19 2013, 12:44 PM
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#67
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1,255 posts Joined: Dec 2013
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QUOTE(ManutdGiggs @ Dec 19 2013, 09:03 AM) Logically speaking. If I dun drive, 0% chansi to get accident. hmmm, Fast & Furious actor Paul Walker should still be alive then ....  |
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Dec 19 2013, 01:07 PM
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#68
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QUOTE(ManutdGiggs @ Dec 19 2013, 12:46 PM) Too bad his fren drive n so happen he is in the car. If our gomen drive fast n furious leh? n we all in passenger seats?  |
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Dec 19 2013, 01:44 PM
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#69
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QUOTE(ManutdGiggs @ Dec 19 2013, 01:35 PM) Sama sama pigi holand Exactly my point! |
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Dec 19 2013, 03:44 PM
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#70
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QUOTE(OPT @ Dec 19 2013, 03:17 PM) Baca ini,,, Rm500k property, how many sft in Klang Valley? Ngam ngam can squeeze in family of 4 ....? Property bubble: fact or fantasy? By Dr. Ernest Y Y Cheong Read more: Property bubble: fact or fantasy? - RED - New Straits Times http://www.nst.com.my/red/property-bubble-...antasy-1.143376 Whoa...based on Table 2, low income families spend (food-dine out) RM 100 per month, or RM 3 per day (30 days/mth) ... Apa diaorang makan ni? It's like a slice of roti canai w/o drinks per meal....   |
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Dec 21 2013, 11:56 PM
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#71
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QUOTE(icemanfx @ Dec 21 2013, 11:34 PM) There are less than 10% of adults are worth over $1m for reasons. In 2012, Malaysia has only 30 billionaires and 39,000 millionaires.The rising cost of living had lessened the feeling of being rich. "If you still have a million in hand after you convert the value of your other properties, investments and have paid of all your debts, then you are a millionaire," she added - See more at: http://news.asiaone.com/News/AsiaOne+News/...h.lNwfstIZ.dpuf This post has been edited by TiramisuCoffee: Dec 21 2013, 11:57 PM |
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Dec 29 2013, 11:00 AM
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#72
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Ready but still vacant. Read on:
http://www.starproperty.my/index.php/articles/investment/completed-and-lived-in/ "One property which has dropped its prices is that of a beautiful condo development located behind my own. It sits on a hilltop within a quiet and low-density part of Sri Hartamas, within striking distance of Bangsar, Damansara Heights and Mont’Kiara. For many, you can’t get a more desirable address than that. The property itself is gorgeous with all mod-cons: exclusive lift lobbies where unique access cards open only to your apartment, video intercom, fibre optic backbone, etc. Even though the development was completed about three years ago, however, more than 60% of this tower is empty. “This tower was originally bought en-bloc by a tycoon who intended to re-sell for profit but it has taken some time because they are all big units like over 2,000, 3,000 and 4,000 sq ft,” says a source close to the development. “Now the bank is also involved in the sale, and although the developer’s last price was over RM800 per sq ft, the price has recently been reduced to RM720 per sq ft.” Another condominium in a central Damansara Heights spot has been quite empty since being handed over in 2011. 92 out of 318 units are occupied, which works out to under 30%, says a source close to the development. In fact, there are still developer units available for sale." More properties ready in 2014. And with a drop in general population buying power, we'll soon have Malaysian version of ghost towns / buildings. Flipping/ Buying enbloc days are over. |
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Dec 29 2013, 11:37 AM
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#73
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QUOTE(lamode @ Dec 29 2013, 11:20 AM) hopefully those purchased earlier this year can still make some flipping profit la Buyers with reduced spending power now want price to be reduced and eventually property price will drop/adjust accordingly. Not much margin to investors. As such, investors won't invest. And the general population whose cost of living sky rocketed won't be able to afford moderate/ high end properties (I.e. above rm700k) A lose lose situation, really!  |
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Dec 29 2013, 11:47 AM
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#74
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QUOTE(enkil @ Dec 29 2013, 11:35 AM) Wow! super expensive Not really super expensive, if we take into consideration the coming inflation..... Happy 2014, folks!  Note:Value of money is not there. RM1m for a condo in KV is normal these days.  |
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Dec 29 2013, 12:21 PM
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#75
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QUOTE(New Klang @ Dec 29 2013, 11:50 AM) Agree that there are buyers want prices to adjust itself. Some are dreamers who is hoping there will be a bubble to burst. Adjustment will take time. And developer can't just stop a launching for one good year (2014) if the project is already completed/completing. Diversifying into other business not their forte may not be as feasible as suggested. At worst developers stop launching new properties. They will diversify to other profitable business. A new equilibrium will emerge. For people like us, 2014 is a look see look see year. I'm most interested to know what steps the developers will take to push out their (highly marked up) properties in 2014. Reduce price by 20%?  |
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Dec 29 2013, 12:26 PM
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#76
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1,255 posts Joined: Dec 2013
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QUOTE(BTimes @ Dec 29 2013, 12:02 PM) 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. I think the middle income ppl will suffer the most. Not eligible for low cost housing, not able to afford 'medium' cost housing . Really stuck in between! 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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Dec 29 2013, 01:48 PM
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#77
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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.. Most of the time dead chickens are bad deals - can't be cooked for much profit. Bear in mind the new rpgt ruling. How long you must keep the chickens in the freezer. Besides, if the market is flooded with dead chickens everywhere, bad time has arrived. Still dare to grab huh? Foreclosure has arrived.  Honestly, I still cannot understand why there is a need to kill off the property market like that! Flipping really got out of hand meh? Shouldn't everyone thank God there exist buyer investors to sustain our property market and economy? Who is complaining? The lower income group or the middle income group? Now what? Everyone complains!  |
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Dec 29 2013, 02:12 PM
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#78
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QUOTE(HELLO HELLO @ Dec 29 2013, 01:34 PM) Yeah.. HK people fresh graduate easily over hkd 10k... With few year experience can hit average hkd 35k. Standard living and house also high. But still got logic lar. N majority no car!!!!!! This very help them save even more. Aiyah, freshies these days come to work in Japanese cars and 35years housing loan commitment. I dunno if they realized they have signed IOUs that they need to repay until the day they retire!!! How to enjoy life? Wont even dare to stand up to the boss fearing broken rice bowl. 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. N now new launch pigeon hole already hit 600k above. N they majority not even want to looking at old subsale all only want aim high n flip.... Earn big in shortest time frame ..then Enjoy life. Same question. Why can't just rent a place? Why need to own when cannot afford to? Why must die die buy a home? There are so many things in life we can spend $ on other than being tied to a huge home mortgage when first come out to work. |
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Dec 29 2013, 02:21 PM
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#79
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QUOTE(bearbearwong @ Dec 29 2013, 01:56 PM) thank you? save it.. u guys are who poison the market with high prices.. prices which are not justified.. property in section 5 BANDAR MAHKOTA CHERAS choon tian surely ppl know When the price is not right, ppl won't buy. Simple as that. But 700k for a landed is not too far fetch these days.initial price 450k.. flippers of course selling it at 700k that 250k of difference.minus another 50 k for loan repayment you have service and lawyers fees stamp duties and etc... 200k for the no brainier.. when DIBS still intact.. even you your self wont buy it at RM700K RIGHTT??? u guys earn and scott off .. haha and if you really see 70 % flippers are chinese... agree bo??? |
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Dec 29 2013, 03:06 PM
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#80
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1,255 posts Joined: Dec 2013
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QUOTE(bearbearwong @ Dec 29 2013, 01:50 PM) i agree.. because youngster especially baby boomer i presume.. they will go for fast money one.. haizz wat to do.. when money and greed together... it diminishes the ability to think rationally... to my prudent house owners please be rationale..plus attractive and sweet candy by these property agents haizz.. 20k over how much? Tiny fraction only mah.. Besides the 20k included in the total oledi! of course again property sure got ppl sucess with flying colours... just like MLM (multi level marketing like forever er living, insurance, Am way and etc._ sure got ppl sucess but the stories of the unsold property investors the bottom line of MLM never mentioned how many to die not mentioned) just saw SDB (windows on the park putting banner) guess wat RM20K rebate instant to purchase their unsold property near jusco balakong.. with a theme they are offering sweeties (a cake form) Marketing gimmick lol ! But being Malaysians don't we all love sale! No sale, no buy! Tiok Bo? I tell u how our younger friends see things ( what they tell me la..). If don't buy now, if buy 5-10 years down the road when finance is more stable, the property price would have gone up further. That's why they have to buy now! Some more maybe down the road tarak land oledi, kena tinggal non landed properties. |
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