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Investment 4 Critical Signs of a Bubble Market, Property Investment

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bearbearwong
post Jan 3 2014, 04:37 PM

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QUOTE(investz @ Jan 3 2014, 03:34 PM)

Im earlier 30th, did I consider old? Yes, for sure I will buy RM780K landed. But I couldn't find in good location. As a result, Im getting RM780K condo

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Good for you.. if I not mistaken.. setvice loan around 3.5 k for 35 years.. if interest increase..can go up to 3.8k.. cars.. insurance leh.. phones.. no give mother.. petrol lehh..

Easily it hits7 k... if you earn 7k clean.. dat means ur incone around 8.5k after epf 7k.. even with 7 k.. means u are dry to nth bo saving..

Please stop harping on the salary increase if salary worker.. the older you get it is luability for the company

if more than that you most probably in O&G .. politic link. Proffessional.. brother. We talking here is not for individual person or groups of O&G or even bank nanagers or even sales team eith high commission which I see they will suffer this year.. it the majority.. which suffering.. those group are the flippers most of them..

my few cents

bta 780k cannot find good location.. I tink no ba.. you city.. mont kiara..
bearbearwong
post Jan 3 2014, 04:40 PM

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Ceh all malaysian PHD MEH.. even PHD also see field one.. singapore PHD no work brotherr..
bearbearwong
post Jan 3 2014, 04:42 PM

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QUOTE(commander571 @ Jan 3 2014, 04:32 PM)
I already got my PhD last year.... get fixed salary every month and currently are looking for lubang to do some investments  wink.gif
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Walan 27 PHD ahh.. ask my sister sin she 26 baru master biomedic .. got blaugh or not..
bearbearwong
post Jan 3 2014, 05:12 PM

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QUOTE(commander571 @ Jan 3 2014, 04:50 PM)
Mr Bear, most of my frens already owned at least an unit before 27. One of them even owned three, i think he is the one that you mean flipper...lol...all of us have been working very hard (work hard play hard) and started to invest in either share market, gold or properties  since few years ago. I just want to remind you that never underestimate the earning power of generation Y especially those who are still driving Proton Saga, Iswara or EX5.  brows.gif
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Oh.. icic good for you.. really the market earning around 6k and above really less no matter what you say.. ur friend with 3 propertiez earning 30k.. ? Lecturer science field..IMU.. SUNWAY .. MONASH OR TAYLOR.. my sister did mentuon her prospect of these can go up to 25 k per month.. but remember not all and everone.. edpecially thr market you are targeting.. dun forget ur juniors will easily come to market to compete with you.. coz your uni are producing them like I phone.. di tell me whethet you can sustain that kecturer position till 35.. shall we? going conference here and there lecturer everywhere.. there is definately not enough job for your juniors for one...
bearbearwong
post Jan 3 2014, 09:30 PM

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QUOTE(BTimes @ Jan 3 2014, 09:13 PM)
For those worried abt affordability, e developers will just cut e size further for u. It has happened in Hong Kong n Singapore, n is happening in Malaysia. Win win situation.
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Still convincing ppl on BBB mode.. I m freaking amazed are u paid by the developers..after all the unrebutted arguements.. still increase and further cut the size..

still comparing malaysia with singapore hong kong ONLY on property prices .. mb u want to compare their GDP with our country and salary.. my friend.. damm hardcore
bearbearwong
post Jan 3 2014, 09:35 PM

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I tink for flippers the only ting they learn in maths is that graph chapter .. and only ascending only... if everyting increase only GDP INCREASE TILL99 %. Will it ever hit 105%.. since everyting is going up..

only compare property price wen going up.. wen USA DUBAI AND Singapore price slump.. u never mention at all... haiźzzzzzzzzzzzzzzzz tired diiiiiiii
bearbearwong
post Jan 3 2014, 09:50 PM

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I agree.. lor businesx oso no good in KV so many completed but empty units with a banner new ting is coming to the corner.. the famous OVERTIME BAR howmany close down.. puchong how many.. viva mall.. southgate.. 1 shamelin.. how many bubble tea shop close down ... along kajang within 5 kilometer how many giant di..

Tesco kajang.. aeon mahkota cheras.. aeon cheras selatan..metro kajang.. metro point.. new mall opposite paparich mahkota.. giant yulek..jaya grocer cheras central...leisure mall giant...tesco midah.. tesco ampamg..econsave ampang..viva mall giant.. aeon maluri...southgate.. 1 shamelin..numerous service apartment shops cum shopping mall... SUNVELOCITY remind you.. 3 of yje above shopping mall are reopen due to wound up aka gulung tikar...

the competitio is too unhealthy..MCD KFC already pull down their price... housing..
bearbearwong
post Jan 3 2014, 09:52 PM

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Anyone intetested to list down list of KV and KL High rise which are vacant but sold?:

bearbearwong
post Jan 3 2014, 10:32 PM

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Wow that is personal attack dii.. the common price will be in my view .. pre 2010 with 5 to 10 percent increase yearly..

ur input to buy buy properties at not affordable rates would rather be more helpful..

mind telling and list any apartments that cost rm 200k.. for all the reason you will point my dugong as a bad ting.. others views u agree right? Especially affordability... right.. then at the end bearbearwong is wrong.. still BBB mode.. those flippers should start a new thread maaa.. property will increase on 2014.. right.. instead here..

maybe we start whethet 500 to 600k high rise is reasonable or not..definately not...

This post has been edited by bearbearwong: Jan 3 2014, 10:34 PM
bearbearwong
post Jan 3 2014, 10:43 PM

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QUOTE(gspirit01 @ Jan 3 2014, 10:35 PM)
After reading all the discussions and articles and news with open heart. It suddenly dawn on me that the truth is already there. Here is my view:

For flippers: good luck to u. Your life ahead will be tough
For investor: prepare for -ve COCR in the next few years
For house seeker: sorry, price will come down slowly. The wait will test your patience
For renter: you will hv more choices and lower rent as time goes.
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I m interested on thr flippers part and flippers with holding power.. the price currently in the market is for at least 7 years ahead.. which I doubt even then it is sellable.. for precaution.. wait.. those who bagges good offer proceed to buy for home stay
bearbearwong
post Jan 3 2014, 10:51 PM

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I m not choosy..200k yes I know bout it if it is old.. anyway.. I need to fast in this topic.. guys look after bt times for shall you... he is highly speculative.. will corrupt youngster for sure..
bearbearwong
post Jan 4 2014, 11:18 AM

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QUOTE(AmayaBumibuyer @ Jan 4 2014, 11:05 AM)
They cant accept that they have missed the boat and pray for a crash. I give example of cheap properties on the other deleted thread a few times already, but still they dont want to buy and very picky. Hey bukit beruntong house also very cheap what. Well they can wait for the never ending crash that just never comes. Except for crash like in bukit beruntong. That will be more area specific, but for the whole of KL to crash?  Very in ur dreams.
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Ofcourse lohh.. u bumi buyers enjoy another 7 percent discount maa.. maybe tell us how big is your ananya maluri unit lahh.. how many ppl are staying there.. last year I check developer selling RM575K...

can you enlighten us with the occupancy level.. even it is next to jusco maluri and maluri LRT station..there.. less than 20 percent... mind you the HIGH TENSION cable.. generating from power housr next to maluri station.. ya.

if bettet pray hard price stagnant.. if we wrong wr nothing to lose.. if you wrong pay installments lor if low end 2 rooms 575 k say 2.5k only per month loan alone... 3 rooms and above 750k ...how u renting amanya out.. 2 rooms 1 room 1 k? Or modified the stor yo become anothet room I saw that...

Confident .. please go ahead.. amanya just like pertama residency and LIDO residency coming up.. sure all sold but vacant...
bearbearwong
post Jan 4 2014, 11:32 AM

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QUOTE(gspirit01 @ Jan 4 2014, 11:24 AM)
The above is my stand.

I m not a bubble burst person.
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50 percent of the flippers at least are early 30 to 40 of which are with low holding power.. I tink not more than 5 months holding already gone.. 50 percent exit will be good... in fact very loww and often joinly purchase with family and mostly GF .. both of which no cash reserve to hold for years to come.. of course.. their selling price would not go down.. the crash I suspect will be perpetrated by these low end flippers.. when they start selling lower than market rate..

please for those capable exclude your self automatically.. majority flippers does not have these holding power especially gen y and x.. however there are owayls exception O &G .. lecturers with PHD and etc..

if they still insist they have.. they are lying through their teeth.. assuming normal UTAR UPM UM grad.. assumingly 24 to 25 come out 2.5 k salary.. save 1k per month.. first 2 years 24k.. for the next 3 years save 2k permonth 36k.. now these fresh grad di 30 liao.. so total 60k preety much dump into initial deposit lawyers fees.. assuming these gen y and x dont go entertainment.. bo car.. bo petrol.. GENERALLY NOT INCLUDIVE PPL WORKING IN O&G .. professionals .. lecturer.. most gen y and x are in this category.. trust me..where the heck is the holding power.. everymonth servicing loan for 2.5 k average.. for 35 years..no need to use extra money for the 35 times of CNY and no need get marry..

again.. some will say salary increasr like property graph.. do come tell me this.. even DELOITTE for acvountants firms dont go all the way till nevet end do t tink rahmat lim .. skrine will give increase of 1k till you retire.. how many ppl made to partnership.

even the whole scenarion mention above satisfied.. you are still stuck with 1 prop leh .. consider low end flippers.. asduming u bought 500k prop.. where come the holding power.. unless THe UNIT YOU OWN NOW u Intend to SELL and NOT HOLDING IT.. ur money is locked up with the loan even you are RHB BANK INVESTING MANAGER.. and etc.. again smart ass lecturer O&G workers with 6 months bonus exclude yourselff..

feel free to disagree

This post has been edited by bearbearwong: Jan 4 2014, 11:49 AM
bearbearwong
post Jan 4 2014, 12:07 PM

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QUOTE(commander571 @ Jan 4 2014, 11:44 AM)
In fact, i think this topic has already unintentionally distorted the mindset of many first time property buyers although it is actually targeting property investors. I feel sad when i see there are still so many youngsters do not have financial planning. Most of them just avoided to discuss about this issue in their life but at the same time are hoping durian fall from the sky and create a disaster to all so-called investors who allegedly causing dramatically changes to the property's prices.

    There is no such thing as "safe investment". Every investment has risk even cash is also susceptible to inflation. I am not an economist so i will leave this this part to you guys.  notworthy.gif
    To other first time buyers like me, please be more realistic and start finding way to materialize your goal. There are still many cash rich DDD camp crocodiles who might have missed the boat last time is waiting for the second round now.  whistling.gif
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come on lah dun be sad.. ppl will always choose to to listen that favourable to them.. first time property buyers should be exposed to this kind of arguments.. all and all i was only mentioning property 500k and above those below is young property owner will buy one.. the world is not stupid one they change according to enviroment...

again and again.. for those buying for stay.. NO PROBLEM.. to a large extend for those investing.. problem is here.. half life of your debt is bound by this investment.. if you really bought some famous developers project in semenyih ( uguys know lahh) or even on the very south next to putra mahkota bangi ( u guys also know) in case property market stagnant.. u cant be telling me you going to live there RIGHT?

expecting ppl to stay and buy your property which is overpriced.. EVEN YOU YOURSELF WONT FORK out the same money to buy OR EVEN STAY.. still believe THAT OTHER BUYERS WILL DO SO.. is is absolute BLATANT DISREGARD of facts just like flippers..

comander you are different.. u already bought and have intention to flip.. maybe if you flip with a lower margin.. ppl will still consider not 200k nett earnings.. have a thought of what i say..

for 1 thing to be successful many factors and restrictions requirement to follow.. for a thing to fail any little god damm thing will pull it down.. same as this thread.. many unrebutted arguments against property price yet ppl still believe it is a BBB market out there.. all the best my PRUDENT INVESTORS MAY REPOMEN HAVE MERCY ON YOU..
there are other methods of execution..EMBRACE IT
bearbearwong
post Jan 4 2014, 12:13 PM

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QUOTE(gspirit01 @ Jan 4 2014, 11:42 AM)
Evidence shows that they are still very active in the market. Look at the loan application.
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just waiting REPOMEN to cleaning house lor.. sure stuck one after 1 years servicing loan youngster maa.. the developers tactics works lehh everything modern.. white in colour.. look high class sure youngster will fall.. these youngster when buying will think even i also like these design surely other youngster will like one

ok.. Mah sing i want 3 units..
bearbearwong
post Jan 4 2014, 12:21 PM

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QUOTE(AmayaBumibuyer @ Jan 4 2014, 12:12 PM)
No difference with the discount becuase not all the bumi units were taken by the bumis. What does that tell you?

Goes back to what i said, location location location. Dunt buy fine, buy la at bukit beruntong. Very cheap there.
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7 % no different? maybe u can fork out another 7 percent assuming it is RM575 K.. 7 PERCENT IS how much ah...40k? easily.. NO DIFFERENCE??? MAYBE u can enlighten us with the size of your unit and your expected rental yields?

most here are gen y x or even later gen y and x.. no one mention especially maluri area those 4 storey shop houses just in front of amanya how much they have slump down during 1997.. hmm malauri area is famous with their high tension cable so high that even adjacent offices if you touch any metal components like photostatt machine u will get a shock dont belive ask CIMB maluri..
bearbearwong
post Jan 4 2014, 12:22 PM

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QUOTE(commander571 @ Jan 4 2014, 12:14 PM)
LOL! If this is the case, this thread should have stopped in the second post..... rclxm9.gif
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cannot.. how to convince you all with 2 post.. with 2 properties or 3 properties in the same 200 units down still nothing and not consider property slump
bearbearwong
post Jan 4 2014, 12:33 PM

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QUOTE(commander571 @ Jan 4 2014, 12:08 PM)
For flippers: no different from gambling in the current market. Holding power is the key to survive in this adverse condition.
For investor: prepare your cash to reenter market in the more attractive prices.
For house seeker: sorry, price is very unlikely to come down as long as the second group exist unless the incident in 1997 is repeated again.

For renter: you will hv more choices and lower rent as time goes. Are you sure? More and more people are immigrating to city nowadays.
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of course.. then all location other than KV another state's property price will drop right??? only KL AND KV will up.. i bet affordability issue... PURCHASING OR RENTAL will be a problem just like AMANYA MALAURI.. 1 K PER ROOM.. u want to rent maa.. i have many units in IBILIK..

some prop and location i have to admit will never be affected.. just like ECO cheras ..
bearbearwong
post Jan 4 2014, 12:43 PM

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QUOTE(AmayaBumibuyer @ Jan 4 2014, 12:35 PM)
Yo man, early bird the price is not 575k laa. So not much difference. Even without the discount, the bumis who wants to buy still can buy and some of them do buy with no discount. Got reason for bumi buy but no discount. And Yield? Well just say as long as more than a few hundred than my installment then i am fine. Thats my strategy. I dont look at yield.

Your post i see always exaggerate too much eg high tension cable laaa. Been living there since i was born. I am still alright.
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problem is occupancy level only 20 percent for now.. expecting sun velocity to give you breath of hope SUN VELOCITY ITSELF have service apartment di.. keep on expecting 1k for 1 ROOM and increase of 10% per year haha..

wah No see yeild.. means loaded why even bother taking here this exclude ppl with load of cash.. how many are cash load.. oH for long term investment laa how much u going to sell your 2 room studio say in 5 years time? 1 million?

bumi lots confirm no one buy.. no bumi interested.. really no offence but most selangor projects have bumi lots but alwayls not sold and developer pay fine and then sell back to bumi..

how much is initial selling rpice my friend enlighten us.... MAYBE U QUOTE THE PRICE.. the ASK YOURSELF.. WILL you wanted to buy it BACK WITH THE SAME PRICE...???

still above 500k MAA 2 rooms .. still cheap wat... south ville also selling 300k plus wat KL SOUTH.. 3 ROOMS

This post has been edited by bearbearwong: Jan 4 2014, 12:46 PM
bearbearwong
post Jan 4 2014, 06:39 PM

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QUOTE(AppreciativeMan @ Jan 4 2014, 06:23 PM)
The debate is still alive ya....... Jus different group of ppl....
Or it's same group with different account name??? laugh.gif  laugh.gif
Just read the last few page, stop already....... I'm really amused by some comments in such discussion..... Can really pluck anything from the sky.... Really talk is free.....
So many ppl jus because u kno a few friends doing same time then u could determine the whole market is doing the same thing..... laugh.gif  notworthy.gif
Or jus because u kno of certain prop or certain area is having certain problem then u determine the whole market is facing the same problem.....  laugh.gif  notworthy.gif
Keep it up!! Keep it up!!  thumbup.gif
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Well.. property price infact is increasing all in makaysia.. even temerloh raub alor gajah johor and rest also d same wat.. how it only affect klamg valley the worst and not all..

if you are saying only specific area and specific person like yourself.. that is even worse to represent the market.. your property maybe in prime areas like bangsar.. do open and keep a look at property at othet areas as well.. such as semenyih.. seri pajam u know.. then u will know..

price increase for rich ppl they will say laugh wtf.. this call increase ahh.. dont feel and being affected.. but forthe majority who live under beneath the pyramid.. it is a different effect all togerher.. Affordability is the problem here right... maybe u want to spend some timeto read the whole arguements.. before commenting..

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