it appears that we must buy.. but if no one is buying your crashed 1.6 million property, then how hold another 5 years?

once property in which you hold more than 5 years.. your new property still looks new and price the same? how about new properties coming up? because if you are planning to have 100% appreciation say 2 million from 1 million originally, the new projects will definitely be lower say start selling at RM1.3 million and your crashed property with 5 years in old cost 1.6 million.. how to buy?

which one will you buy then? Lets use bandar mahkota cheras (BMC),

section 5 BMC is selling at RM780K for a brand new double investors.. originally RM450K only by CHoontian,
Section 2 or 3 of BMC desa vista OLD HOUSING is selling up to RM760K

now u may see proximity in both prices, but as a buyer which one will you buy? the brand new DS or the old DS which is 20X 65 as compared to 24X 75. the expected profit that investors is seeking is the price 5 years from now or maybe 10 years from now. the property price may reach that expected height but then again if you carefully lookat section 1 or 2 of BMC some failed investors hold the property too long till the whole house become so bad in condition with missing gates, windows long grass.. more like bukit beruntung.

the style and trend of the said house is far slacking behind as good as holding it for 5 years..

another clear example would be saujana villa kajang.. those prop been there for years still occupancy was less that 50%.my mother's friend bought a unit there the owner planning to sell it at 1.3 million, he was then counter offered 900k and finally settled at 1M. the original price was 780k. he hold for 4 years.. still many was abandoned

there are similar projects like TTDI groove kajang u name it(lavenia, lily and etc) too.. keys already handed out but no occupancy at all zero.. all are investors who wanted to sell off their property with the price 5 years from now...
too many kajang 2, puncak saujana kajang, jade hills and many more many many more.. setia ecohill semenyih, seri pajam, nilai, kota warisan sepang all will end up the same.. look at the occupancy rates really disturbing

once you plan to rent it out.. your property still as good as 1.6 million.
how much are you planning to rent it our? 4k of loan repayment monthly...means you going to rent the property around 4 k?


This post has been edited by bearbearwong: Dec 24 2013, 12:08 AM

in Kl region however, i noticed connought avenue the premier which is adjacent to the new cheras central, amanya residence maluri cheras, new condo nearby bintang mas condo (cheras lrt station) and you vista also suffering to sell their remaining units and of course kl south.. southville haizz.. even in major cities like Kl these units are of low occupancy... thus many investors dont even pay their management fees, sinking funds and etc.. causing the services in a condo or service apartment lack and eventually no management..

the vacant units owner say they will pay the whole sum once they sold the property...

same situation to invested properties.. if occupancy is low.. irregardless of the new project or wat not not.. will you be dare enough to stay there with these insufficient facilities?

my 2 cents of observation

1 million property.. if high rise u are aiming mont kiara.. puchong high end klcc areas di.. and many more not listed..
come on 100k downpayment.. plus the others colum which I tink is the s&p ,loan, stamp duty for both loan and s&p.. rm 130k..

to invest.. these are rich ppl but at then end they are targeting the midfle class of which household income not more than 10k .. open your eyes big how many ppl reach the 10k bracket and above.. even they have.. childten.. car.. insurance.. good.. phone and other necessities.. how to secure ur loan..

these investors cant be targetting ppl with earning more than them or same.. this does not make any sense..

Like our friend highlighted the low occupancy reli cause lot of problems.. unpaid management fees which will affect the other house owners who wish to stay.. friend of mine bought condo 550k just after phonix toll suffering now with limited lifts in operational.. flimsy touch card system limited guard.. bangla reduced bangla without working permits and etc.. this apply everywhere

another classic case also friend of mine bank officer can get loan without interest bought service apartment in iskandar johor for 380k 580 swuare feet locatefhighly nearby students area.. depending on salaries around 2.5 k plus commission around 3k .. bought together with his gf.. planning to flip it and sell it of vourse to singaporean for 500k and above... sadly..now 1 million.. have to sell to locals.. joheareans wont buy it at 500k .. now in deep trouble.. then cash advance and paid of the loan.. month by month meet statement and etc.. haizzz u see

I have photos of bukit beruntung abanfoned shops which cost rm 130k 4 floot.. who say rawang coming up..

my 2 cents

1 million property.. if high rise u are aiming mont kiara.. puchong high end klcc areas di.. and many more not listed..
come on 100k downpayment.. plus the others colum which I tink is the s&p ,loan, stamp duty for both loan and s&p.. rm 130k..

to invest.. these are rich ppl but at then end they are targeting the midfle class of which household income not more than 10k .. open your eyes big how many ppl reach the 10k bracket and above.. even they have.. childten.. car.. insurance.. good.. phone and other necessities.. how to secure ur loan..

these investors cant be targetting ppl with earning more than them or same.. this does not make any sense..

Like our friend highlighted the low occupancy reli cause lot of problems.. unpaid management fees which will affect the other house owners who wish to stay.. friend of mine bought condo 550k just after phonix toll suffering now with limited lifts in operational.. flimsy touch card system limited guard.. bangla reduced bangla without working permits and etc.. this apply everywhere

another classic case also friend of mine bank officer can get loan without interest bought service apartment in iskandar johor for 380k 580 swuare feet locatefhighly nearby students area.. depending on salaries around 2.5 k plus commission around 3k .. bought together with his gf.. planning to flip it and sell it of vourse to singaporean for 500k and above... sadly..now 1 million.. have to sell to locals.. joheareans wont buy it at 500k .. now in deep trouble.. then cash advance and paid of the loan.. month by month meet statement and etc.. haizzz u see

I have photos of bukit beruntung abanfoned shops which cost rm 130k 4 floot.. who say rawang coming up..

my 2 cents

No dibs.. completing soon..thought bout rental.. but so far from kl my friend stay work family all in kl.. but then again rental also tak laku... but if bangla.. indon mb laku at low rental lu

furthermore iskandar there.. my friend inform othet development after 1 million bar hit...some developer offering buy 1 free 1.. if I not mistaken unconfirmed source

iskandar slaughter many ppl after government cooling measures good move..

it is not logical anymore.. high rise which is obviously oversupply and if they cant sell it for half a million and above planning to rent the said property out for 2k-2.5 k so that can cover their loans.. u tell me ppl if really fork out that 2k-2.5 k why not they just purchase it so that they are paying something which they will be owing rather than to ease these flippers...

shop houses now 4 storey lately was a hit selling at RM2M by developers and then 5 M of course by high end flippers come one.. even with 2 M how much are u guys servicing the loan easily 9K pe rmonth.. of course again u will plan to rent it out at least 10k-15 k.

what kind of business you are operating haizzz.. most of the time even in mature area like puchong, shamelin, maluri, taman miharja, Klcc areas, plaza pekeliling and many unlisted needless to say.. only the ground floor is being occupied the 2, 3 4 floors are vacant.. arent you making loss if the are vacant.. the promises and targets propounded by developers and agents are mere tactics to hold you in to purchase the properties.. they themselves also don want to buy haizzz

shopping malls as well cant u guys survey so many shopping malls in KL viva mall, cheras central, 1 shamelin, southgate, spark desa petaling, carrefour, tesco midah, jusco malauri, leisuremall, jusco bandar mahkota, jusco cheras selatan (both of less that 5 kilometers away), mines, one south, and many more all also no tenant/shops open one go and see.. i still havent include the shopping malls inside Kl.. haizz where got good economy survey oversupply mannn

actually.. economy is not healthy leh... vry serious leh.. demand high price high. of course demand high( every donald duck and mickey house want to live luxurious nice looking) but does it commensurate with the pay salary and the money they have..

for those who rich and dun mind attitude..ask your self nowadays even you are in both the categories stated, you be harping more on instant investment 9a.k.a investment which repay fastest even band does) don't you high end flippers also wanted..

if you are rich and strong cash flow.. will you even wanted to buy properties that will appreciate in 20 years time or more.. tell the truth.. (so much for long term investment), malaysian is alwayls hit and run..

for big players, they wont likely indulge in sub sales, recently a new project in nilai before the project even launch i saw the list ..

datin xxx=2 units
datuk xxx=5 units
agent xxx=4 units

and the list goes on. the bigger players aka rich would resort to this and not to su bsales.. honestly sub sales 80% are flippers ( those who sligh meeting end cards, rentals and etc artifically one) maybe resorting to cassh advance from credit)tly 20% hmm maybe purifying money (u guys know lah) marked up cases and etc..

bout the demand ... again how many are earning at a bracket 10k and above... u may see your friends around..
honestly demand really high everyone wanted great tings but their capabilities and affortability.. depending on how swift my clerks on average bankrupt 5-6 person a week.. those with Judgement runs to 200 at least per month per bank (havent include all other banks).. those who are owing needless to say.. so many out there are owing debt... how to furfill ur demands taukehhhh... go court shah alam and check auction list.. so many

when come to seize house time beg this beg that children many.. housing loand also many.. how....

attended ysted a case, kns ccris 10 blacklist 7 credit cards 3 housing loans still got guts to ask me ask the bank to refinance as he is selling the house at high price and promise margin 100-200%.. kns so confirm can clear debt... which studp bank will do

my 2 cents...

This post has been edited by bearbearwong: Dec 26 2013, 05:43 PM

haha haha work in a law office..well

At the end.. are you trying to say economic is good.. so trying to persuade ppl to buy buy buy? U are agent or flippers? How many house u have in hand and how much u plan to sell..

Still not enough for property buy buy buy mode..

haizz below are my short conversation for those have money and to keep property to rot. Those with intention to flip initially and further make a u turn saying for 20 years investment:

me: how? We are sealing your house/shop for auction di . Going to settle bo?

Flippers (F): bro give chance and face leh.. neighbout know susah.. bo face.. come on we chinese dun do like this to chinese lehh.. money only maa

me: bro.. I am instructed by d bank one u default for so many months di.. we proffesional leh we also charge d bank leh.. judgment all got di.. better work with us.. otherwise we cancel come again oso charge maa.. proffesional leh job sucessful or not we still charge ( try translate in hokkien)

F: come on lah bro.. u ask bank my ccris good leh just for dis property lehh.. I got money.. but cant sell lor.. I simply dun pay.. no one buy.. got 2 ppl pay 2 percent to my agent.. then cant get their loan lehh I return bek di deposit.. like that drag me around 2 months leh I service d loan lehh

me: bro.. I dun have much time still many houses credit card case lehh.. let us in bo..

F: haiya bro how much owing only..350k only.. auction off then I pay the remaining.. I try gind waterfish to buy in the mean time.. u got house bo I sell you lah.. discount. New project coming up leh srtia echo hill.. I invest there

me: bro vonflict of interest leh ( property 200k I a lso
dunwant in semenyih wor). Then why u dun want service dis loan and let it auction..

F:bro.. this double storey 4 years liao... paint also disdolving.. I my self oso wont BUY IT BACK FOR 450K so old outdated di.. investment only sumore got credit card leh car loan..

the rest remain d same.. so for ppl owing l8an personal. Housing loan credit card.. embrace yourself in 2014.. REPOMAN is here.. paid up...

for those who tink they can get away.. upon bancruptcy.. 30k bancrupt.. all properties under ur name or under your loan name will be auctioned off.. at very low sum..and proceeds will be paid to the prffered bank..the remaining to satisfied the judgment..

my 2 cents..



the rest as usual let us auction and sell off

u go ahead and purchase every property in the market available.. start with mah sing in southville and setia echo hill.. please updated us... if you are planning to buy for own stay

So the best solution is buy buy buy izzit according to the sales team.. for landed afforbility is an isssue.. they launcing around 700k deposit plus lawyer and etc .. 140k... means servicing 600k plus... around 3k 35 years max... how much u have..

who is able to buy if they keep incteasing... at the end we are their market... have u see iskandar johor bo...wat happen..

if they really increase madly I still hold 10 acres in sepang.. ovet my dead body if this still persist..

Bro u are really wrong.. the bank and malaysia system u also trust is solid proof.. come on malaysia lahhhhh... the valuation report is bought one... tm 500 rm 1k can give u the best vsluation.. relying on this bank give out loan.. anyting wrong sue valueverr.. knsss... the bank part they must lend out ... irregardless they received the loan or not.. this will look good in their report.. u know future profit or aka projected profit ..

haizz many here are mascarating as DDD buy is BBB.. the market tension di... 2014 cominng.. rpgt.. 30 petcent my friend.. u want to factor prop into the selling price difficult lehhh... who can afford the market down here cant afford who u aiming to buy.. keep to rot lehhh..

u filiipers selling 700k from 430k originally.. factoring the lawyers fees.. loan charges and everyting and profit.. haha..

This post has been edited by bearbearwong: Dec 29 2013, 12:50 AM

U bought properties lehh recently.. and worry whethetrcan sell out or not lehhh...izzit

cross ur fingers u doing business or employee.. business is going to be tough.. so many shopping malls close shop such as times square upper floors. Lowyat..close reopen.. viva mall.. leisure mall.. check my previous post.. if working even MNC also just enough to cover inflation..

remember to pay up ur credit cards.. loans.. ya .. once bancrupt.. we still can auction off your property repossess your fancy cars..

This post has been edited by bearbearwong: Dec 29 2013, 01:04 AM

That is the main sign.. businesses especially.. in malls.. dat is the main.. businness getting bad.. take a peek at occupancy level in new projects.. 80 percent in agents hands and flippers wannabe.. and mostly 70 percent chinese.. ask the agents how their commissions... sure know one

the bank must be strict.. once 3 months default.. proceed auction.. dun give much room negotiate.. charge thrm everyting under the sun..oncein auction list then it for the genuine buyers.. auction price will be the corrected price.. I say at least 30 percent..

Bro u living in malaysia... cases like Pewarja steel.. port klang PKFZ alsoblike that..

u newbie mehhh... bankers so good agents so good all put clran focuments mehhh... MONEY MAAA trying to act stupid... come on... 70 percent malaysian can service 3k loan everymonth mehh 30 milion population only... how many bancrupt... how many children... how many properties.. iMPORTANTLY how many can afford.. our system is contaiminated capatilist.. every u go there is legal fees and those minum tehhhhh... and part of the populations are the developers and u flippers...

got see news bo.. shopping mall to operate less aircorndur to price hike got see bo the star 29drcember 2013..

Their personal fortune affected ? USA HONG KONGcan go down.. with their president why not malaysia.. remember BBMB vsLORRAINE OSMAN bo how many billion burned...

First of all congrat to and your holding power... of course you can.. there will be ppl like this... like 2012 u have built an ARCH I guess.. well the others 80 percent investors.. same like you bo...

I Thought USA just raise their ceiling debt? and borrow more from CHINA right? CHINA also introduce new COOLING MEASURES To their property too right? So strict.. bro are u even malaysian..

Remember bro.. even you cash advance your credit to pay loan.. and defaulting your cc payments.. we still can bite your properties once you are bancrupt...

got see news bo shopping mall also cut cost.. u want to factor RPGT 30 % into the new property.. 2014 assessment pay liao.. runs to few thousand following your house price if in KL.. srlangor can also enforce thesame policy like penang..

Bro foreigner come definately INVEST MAA correct bo.. the purchase from flippers 1 million property.. of course sell back to who if they are investing... back to ah bro...? More than 500k all ur units di empty.. but purchased.. above 1 million.. wow.. many workers are getting salary 10k above ahh... 1.3 million loan how much loan repayment.. bro.. 5 k 35 years max

Foreign investors still invest... mb think a while sin or these ppl keep up to anothet 20 years? Even you rich trust me you even tink 5 years ahead.. sumorr property whicch runs 700k.. with no DIBS to fork out 70k doenpayment lawyers fees stampe duties loan 120 k at least.. sellinh it to account 30% to government wor... RPGT .. sure bo

Loan 35 years .. get yout ccris report post here .. I m talking...

ceh.. those bank agent in auction room i encounter before lahh
auction property... 370k recently mahkota cheras confirm these joker will bidding against you.. then come tell you u pay me 20k cash cheque the property belongs to you..

i just let them buy lorr.. we actually dun care even auction property is grabbed let them.. the intention is to cool the market.. once auction CCRIS OF that person lost ad tied up with loans maa correct bo.. when got dare to invest anymore where got bank want to borrow.. correct bo.. all the way till auction those small time flippers would have ended bancrupt.. like this another flippers exit the market lorr correct bo..

the so called relative ask him/her to sapu as much as possible when he/she become next flipper same ting will happen again and again... how many have holding power (everlasting holding power) sure depend on rental, salary, business one.. the price of house flippers is seeking send a message to housing prop investment that property i sno longer for investment purposes...

come on a Hong Kong police salary is on average 35k HK.. PROPERTY runs to 3 million acceptable maaa.. malaysia salary 3 k average property also want to climb up 1 million by 2014 right... got logic bo?