I bet the price will come down when Bank Negara announce the implementation of 2nd house LTV 20%. That should be good indicator..
Investment 4 Critical Signs of a Bubble Market, Property Investment
Investment 4 Critical Signs of a Bubble Market, Property Investment
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Nov 23 2013, 11:31 PM
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#1
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I bet the price will come down when Bank Negara announce the implementation of 2nd house LTV 20%. That should be good indicator..
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Dec 10 2013, 08:39 PM
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#2
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So far people surround me change gadgets (phone, pad, laptop), oversea trip few times per year, shopping whole year like his father shops.. the bubble signs look like finally people might start consider live in a more considered way..
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Jan 1 2014, 12:43 AM
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#3
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this is the year of barang naik.. so we can expect to wait for the properties price to go up for another 2 years when 1. the electricity tariff go up, 2. gst kick in, then follow by a minor price correction.. Happy Inflation Year..
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Jan 3 2014, 08:54 PM
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#4
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Just having teh tarik at mamak and notice that the price is already increase by 7.7% which is much more than my last year salary increment.. some food stall even increase the food price by 20%.. is time to expect for property price to go down due to higher living cost, property buyer shall granted the privilege of reduced housing price to ease their burden..
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Jan 3 2014, 09:11 PM
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#5
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QUOTE(cranx @ Jan 3 2014, 09:06 PM) Yes, must increase the price cause seller also need to survive mah. unless i got support from family then no issue but the fact is i don't have.. not i dont want but i dont another option. Problem is that potential pool of buyer is very limited now. so what to do? The strategy now is very simple. you see fresh graduates hundreds of thousands every year, and majority of them from other states flock to KL to work. They do not have the means to buy from you, so just rent it to them. Property owners must unite and please do not undercut each other on the rental pricing, must fix a baseline rental amount. So you ask what if they cant afford to pay the rent? (high rent due to expensive installment to banks) No problem, instead of 3 graduates renting one house, you rent it to 6 graduates sharing the house. I have seen Sunway Monash college did this, partitioned one condo to 6 or 7 rooms and charge RM800 each. Easy money!! nice or not this strategy? |
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Jan 3 2014, 10:15 PM
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In Namibia, Home Buyers Are Entering Bidding Wars for Scarce Housing.
Africa's Namibia is now ranked fourth globally in terms of housing-price increases http://online.wsj.com/news/articles/SB1000...234591680049328 |
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Jan 4 2014, 11:21 AM
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#7
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the only fact of pushing the housing price is because of people getting more and more demanding.. wan good environment, wan gated guarded, wan easy convenient, and also a lot more other want.. too much cannot compromise so end up like what happen now..
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Jan 8 2014, 10:06 PM
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Rich is getting richer, that why it make people upset when they start lagging behind as the poor 1 will be poorer..
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Jan 12 2014, 02:56 PM
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#9
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From my recently pass 2 months experience, the prop that i am very interested to buy did not reflect the scene that suppose to be happen like what people said here.. if the roi calculated based on the owner downpayment and all other cost it is definitely more than 2 fold++ but for a prop that cant sell out still can change strategy to rent it out doesnt look like really give those owner a lot of pressure to sell it off with some discount.
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Jan 12 2014, 03:53 PM
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#10
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QUOTE(bearbearwong @ Jan 12 2014, 03:06 PM) Good.. keep on buying.. holding out long enough will be a fail investment right.. renting good outskirt of DSL cost 430k after factoring Rpgt.. legal fees .. stamp duties.. 550k at least.. renting would need 2.5k... say if renting cover 50 percent. Hmm still not so painful for KL high rise.. landed in semenyih..kl south.. would you even rent for 1k... ,? if what u saying is right.. why are there even kl it self high rise only are VACANT but SOLD.. hi bro bearmaybe u want to read I n totality.. btw will you buy a landed outskirt say kajang a DSL for 750 k at least serviving rm3.5k per month for stay or investing.. do you see affordability is an issue... the market consist of working classs... majority earning berapa.. a roof on ur head is not necessary must be having 2 floor come with complementary build up area of 2k++sqft.. but if that is something doable then that would be a good news as from my knowing about people surrounding me, those with high net worth cannot run away with owning their own house, or owning multiple houses.. as when ur pocket got money u will tend to spend it rather than save it but if u commited to ur house loan u are force to save.. |
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Jan 12 2014, 08:05 PM
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Hi gspirit..
Sorry for make u misunderstand.. i am refering to my last 2 months searching, then i compare the roi based on the owner 2 years ++ input cost with the recent last call selling price.. eventhough they are still earning at least 2fold if based on my offer but at the end people are not satisfied with my offer so deal breakdown.. |
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Jan 12 2014, 08:28 PM
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#12
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Hi Wiredx,
Is based on estimated cost. If the down payment is just less than 20k and after deducted expenses the owner is expected to earn the net profit of nearby to 80k++ then that is easily get them roi of 3fold++.. |
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