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Investment 4 Critical Signs of a Bubble Market, Property Investment

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realcyma
post Nov 24 2013, 09:40 PM

On my way
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Joined: Aug 2009
QUOTE(tat3179 @ Nov 24 2013, 08:33 AM)
Kl and kajang for example is still within the same country. If you live in kajang and work in kl, you need not present a passport to go into kl to work and vice versa.

Singapore and Johore is 2 different countries. Hence Johor is not Singapore's hinterland. Hence Singapore has very limited land. Likewise for hong kong.

That is why your argument about land in kl as compared to singapore is inaccurate. Kl can rely on land in selangor to grow while Singapore and HK cannot.
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KL vs Kajang; Singapore vs Johor; HK vs Shenzhen. I don't see any difference; and it is a good comparison.
Whether Singapore and Johor is same country or not, it doesn't matter.

If Singaporean need to apply visa or do a lot of red tape for every trip to Johor; then it will be matter. But, they are free to come and go; then, it just the matter of COSTING. the cost of the travel time. Same as Kajang people work in KL, it just the matter of travel time.

Then, it goes to the justification and personal preference of travel time cost vs property cost. some people want to pay more on the property instead of wasting time in travel; some prefer to pay less in property have to suffer the cost of travel.

So, whether propriety price will stop rise in KL and all go to Kajang? It is not a yes/no question. It is a statistical question, and the answer is HOW MUCH and HOW MANY. The answer is the distribution of how many people willing to pay how much travailing cost to live at Kajang.

In the mean time, I feel that there are still a lot of people willing and able to live in KL or very near KL, instead of outskirt. it just my feeling, I do not have precise statistic, and I dont think anyone have precise data, even government.


If you feel compare KL vs Kajang to Singapore vs Jahor is not good; how about compare to New York vs Detroit.


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