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Investment 4 Critical Signs of a Bubble Market, Property Investment

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TiramisuCoffee
post Dec 29 2013, 03:24 PM

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QUOTE(ManutdGiggs @ Dec 29 2013, 03:02 PM)
One Q. Are u assuming all flippers are financially weak and 'll surely face the music??? I know a forumer here is buying and selling and he is a ddd supporter. Guess u dun wish him the same fate. Well he worth millions as he claimed . So my take is, not all flippers 'll suffer ge when doomers oso entering market after waiting for so many yrs.
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There are 2 types of flippers. 1) cash rich, dunno what to do with excess cash type. 2) borrow $ to flip type. First category sure survive no matter what happen. Langit runtuh only treat it as blanket .... biggrin.gif

Bottom line, must have flex.gif $ ability to flip ! wink.gif

It's the 2nd cat. of flipper that's terperangkap!

I guess come 2014, no need kan jeon. Look see look see first. See developer/sellers can hold their breathe longer than buyers or not ( before turning blue.... rclxub.gif ).... tongue.gif I just went check 3 developers booked/sales units last week. Not moving much since budget announcement. After cny, I go again 2 check see check see....... brows.gif
TiramisuCoffee
post Dec 29 2013, 06:07 PM

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QUOTE(gotham11 @ Dec 29 2013, 05:54 PM)
Hi.. noticed the klcc auction dead chicken was closed aND LINK to here. I found a apt in idaman residense adking 800psf only. Worthwhile? Can rent out at rm6k?
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More good news for kv investors: tongue.gif
http://www.thestar.com.my/News/Community/2...mixed-response/
KUALA LUMPUR City Hall’s plan to implement the “Go Green Car-Free Morning” on several major roads in Kuala Lumpur every first Sunday of the month starting next year, has taken many business people and residents in the affected areas by surprise.

Kuala Lumpur mayor Datuk Seri Ahmad Phesal Talib made the announcement during the recent launch of Kuala Lumpur Extravaganza 2014.

He said these roads would be “vehicle-free” from 7.30am until 9.30am starting on Jan 5, to give walkers, joggers, skateboarders, rollerbladers and cyclists, among others, a chance to use these stretches.

The roads involved along the 6km stretch are Jalan Raja Laut, Jalan Sultan Ismail, Jalan Ampang, Jalan P. Ramlee, Jalan Pinang, Jalan Raja Chulan, Jalan Imbi, and Jalan Tuanku Abdul Rahman.
TiramisuCoffee
post Dec 29 2013, 07:09 PM

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QUOTE(tat3179 @ Dec 29 2013, 06:59 PM)
Yeah. I hope so too.

But then again as far as I am concerned, not doing anything also carries its own risks.
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I also disagree on stand and stare stance. We must be proactive. Check things out first, then decide. No point deciding ahead of time. Maybe strikes lottery leh... rclxm9.gif You never know!

TiramisuCoffee
post Dec 29 2013, 08:01 PM

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QUOTE(BTimes @ Dec 29 2013, 07:16 PM)
Very silly idea of government  shakehead.gif
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With so many snatch thieves around town, no biking lanes etc, they really think we are keen to risk our safety cycling, running down kl streets? Dunno whose bright idea it was? Imagine I have an important flight to catch on that particular day n time but I can't move my car down the road or call a cab to fetch me from my place. doh.gif how huh? Who is going to buy properties in places like these? Sounds like curfew of sorts to me. rclxub.gif

This post has been edited by TiramisuCoffee: Dec 29 2013, 08:02 PM
TiramisuCoffee
post Dec 30 2013, 06:15 PM

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QUOTE(bearbearwong @ Dec 30 2013, 06:00 PM)
Hahahaha.. in fact the REPOMEN when doing writ of sales and seizures get to know their financial status through CCRIS .. the pay is not so handsome to put in upper middle class..

anyway.. happy 2014...
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Sorry, can't follow. What is REPOMEN? blink.gif
TiramisuCoffee
post Dec 30 2013, 06:38 PM

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QUOTE(TOMEI-R @ Dec 30 2013, 06:31 PM)
"Repomen" are basically repossesors. tongue.gif
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Oh! Hahaha! thumbup.gif
TiramisuCoffee
post Dec 30 2013, 07:18 PM

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QUOTE(jolokia @ Dec 30 2013, 07:01 PM)
Property bubble mean price of property grow faster than income.
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I read somewhere, it's something like 15x our earning. Can never catch up. blush.gif
TiramisuCoffee
post Dec 31 2013, 06:42 PM

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QUOTE(CK15 @ Dec 31 2013, 12:44 PM)
Life indeed very simple.  smile.gif
Ur choice to make it complicated with many conditions added, i.e. worth > million and etc...
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Many simple joys of life are free. No need to be a millionaire to be happy. I dun like ppl who show off. U Got $ , no $ - who cares! Syiok sendiri saja! biggrin.gif
TiramisuCoffee
post Jan 9 2014, 09:05 AM

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QUOTE(brother love @ Jan 8 2014, 11:42 PM)
Dont blindly believe wat u read, many posters actually from developer or wit vested interest in many poperty forums....dont even trust the local papers...speak to the person on the ground tat r involved in the industry...many expensive newly completed projects difficult to sell...Nadayu at Kajang....Valencia....Msuites by Mah Sing, some bought Rm620k bout 3 yrars ago, now selling Rm680-700k..if u factored in the 30% RPGT, it doesnt look like easy money anymore, taking so much risk buying overpriced poperty just to end up making maybe Rm40-50k after minus everything
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nod.gif I agree.

Profit is not there. Better margin in stock market. brows.gif Actually d gomen did achieve its goal. 'Investors' now no longer competing with first time buyers to buy. I'm happy for the first time home owners ( those who really can afford, and not those who borrow heavily to repay for the rest of their lives! doh.gif ) .
TiramisuCoffee
post Jan 9 2014, 09:33 PM

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QUOTE(simeonelee78 @ Jan 9 2014, 01:26 PM)
investment in property still one of best way to againts inflation...but must very careful....buy at good location...
but good and mature location price is not cheap...
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Cheap or expensive thing - there is always a market for it. The hurdle is to find customers for it. Yesteryears, some locations r jungle, plantation estates, mines but today gold mine! Dunno if u call it luck or wat, sometimes a fool has a fool's luck, they say. Midas' touch. Touch wat, wat turn into emas! thumbup.gif

IMHO, Too mature n concentrated a location, may not be as attractive as it sounds. Take Klcc areas. Would u really want to stay there huh? So jammed, so polluted, so packed with ppl, so high the buildings ( in case of tsunami,how to climb down all the way safely huh? ), not to mentioned very expensive ( and we have not taken into consideration the monthly maintenance fee, cost of living in the heart of a city.. Etc ). Would u really call such a condo home sweet home? Dunno leh, speaking for myself, the day I semi retire, I'd find a place a little away from the city, it's pollution n jams.
TiramisuCoffee
post Jan 9 2014, 09:56 PM

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Imho, if there's any bubble, it'd be the property bubble in the mature town s n cities due to their already expensive prices ( driven by high demand) . Won't be any bubble bursting in smaller townships where the prices are reasonable n demand/ supply moderate.

That's why I think, it's a good idea if we spread the housing concentration out of kl per se, n offer employment opportunities to ppl around these new areas. That way, mass migration to kl n demand 4 properties here can somehow be controlled.

If it's not because of commerce / cari makan, do u really think ppl from other states wanna migrate to kl huh?


TiramisuCoffee
post Jan 9 2014, 10:22 PM

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QUOTE(HELLO HELLO @ Jan 9 2014, 09:59 PM)
Think 2014.. Stil ada Many want to join in to buy a piece or a few of new props. Maybe 2016-17 Best time to shop for subsale?
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speaking 4 myself, not really. Not really keen 2 buy this year. Unless prices drop like crazy or I strike lottery.

Also, no sub sale 4 me. I like brand new things with warranty ... tongue.gif Assets that offers deeper profit margin icon_rolleyes.gif I'm most happy if it's a good time for sub sale, though.... nod.gif
TiramisuCoffee
post Jan 9 2014, 10:24 PM

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QUOTE(simeonelee78 @ Jan 9 2014, 10:18 PM)
so far ...the smallest i bought is 1000sf......but with current price hike...is very difficult to find property 500psf.... cry.gif
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Why u want such small unit?
TiramisuCoffee
post Jan 9 2014, 10:29 PM

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QUOTE(simeonelee78 @ Jan 9 2014, 10:07 PM)
property below 500k definetely i will buy....property above 1mil i also bought...but must b at strategic location....

i keep buying for last 5 years...n most of mine properties i oledi settled the loan...im not flipper...just  not trust on our country currency only....

i think this market lot a people like me....
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so all yr $ u put in properties? N u hold on to these properties ( instead of keeping $ in banks?) What's d longest period u hold on 2 a property b4 selling it?

TiramisuCoffee
post Jan 9 2014, 11:01 PM

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QUOTE(simeonelee78 @ Jan 9 2014, 10:48 PM)
if today got developer sell new condo with 1000sf at 500k..
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U misunderstood. Earlier, U mentioned it's difficult to find 500 sft unit. That's why I asked why u r interested in such small unit.
TiramisuCoffee
post Jan 9 2014, 11:56 PM

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QUOTE(simeonelee78 @ Jan 9 2014, 11:08 PM)
1000sf = 1000 square feets
500psf = RM500 per square feets

think u misunderstood.. tongue.gif
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QUOTE(HELLO HELLO @ Jan 9 2014, 11:09 PM)
blink.gif errr he mean per sf = psf.... not sft.
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Sorry guys. blush.gif Guess, its me who misunderstood!
TiramisuCoffee
post Jan 10 2014, 08:19 PM

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Our authority is going to flush out the illegal migrants again....
http://www.thestar.com.my/News/Nation/2014...-migrants-expi/

If to enter into this country is made very, very difficult , there's no need to 'undo' by flushing exercise every year. hmm.gif

After the flushing, who is going to do jobs no Malaysian wants to touch? I.e. More delays at construction sites. Delays = $ . Property prices cannot afford to fall, actually! biggrin.gif

This post has been edited by TiramisuCoffee: Jan 10 2014, 08:20 PM
TiramisuCoffee
post Jan 10 2014, 10:17 PM

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QUOTE(jolokia @ Jan 10 2014, 10:10 PM)
Now economy slow down, construction also slow, time to flush them out, if not they will create crime mah !
I remember seeing those old 70-80s Hong Kong movies where the contractor will phone the immigration after their illegal mainland China workers after they finish their works & pay day..lol
1 worker RM 110 smartcard to change from PATI to PADI, imagine 3 millions = 330 millions Huat loh !  brows.gif
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I read somewhere, majority (90%+? Forgot d figure... ) of the crimes r committed by locals, not foreigners. nod.gif
TiramisuCoffee
post Jan 10 2014, 10:19 PM

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QUOTE(tikaram @ Jan 10 2014, 09:46 PM)
My bangla workers said maybe they eyeing those bonus....

i cepat cepat pay them bonus today i.e before the raide....u know semua boleh here.

i usually pay them one week before cny.
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yr bangla do what work, what industry? If they go, how yr biz?

TiramisuCoffee
post Jan 11 2014, 03:50 PM

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QUOTE(JustcallmeLarry @ Jan 11 2014, 03:33 PM)
Wow but Penang property prices are by the millions. Average looking house already almost 2 mil??? People buying??
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Sorry. Its not quite clear. R u saying Penang properties are all falling like crazy? drool.gif rclxm9.gif rclxm9.gif rclxm9.gif

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