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Investment 4 Critical Signs of a Bubble Market, Property Investment
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sendomike
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Dec 3 2013, 11:47 AM
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QUOTE(kochin @ Dec 3 2013, 12:38 PM) sugar price .... up assessment ... up fuel subsidy ... down fuel price ... up power tariff ... up toll rates ... up salary ...? prop price ... ? rental rates ... ? salary ... stagnant for the past 5 years and will continue for the next 5 years prop price ... up rental rates ... up
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sendomike
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Dec 4 2013, 02:30 PM
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hmmmmm.... in the midst of the bubble, are we still able to find a nice deal on a property?
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sendomike
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Dec 18 2013, 02:39 PM
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QUOTE(MishimaZ @ Dec 18 2013, 03:36 PM) » Click to show Spoiler - click again to hide... «
Real life scenario... worked for a developer (quite well known) and this is what he say to us (we are the consultants in fact): "Aiya, build cannot sell no problem one... Contractors and consultants will be 'buyers' on what we built tak laku lah..."Already happened to a few of their projects. Last last building contractor yang bankrupt and consultant in debts but developers still developing. Contrary on popular beliefs, construction materials are actually still cheap just that many were misled with fake news which causes condos to go up to RM1m. Might as well use the 1m to buy a 7k to 10k square feet land and build your own 2k square feet mini bungalow with that spacious land to upgrade or bercucuk tanam man. Really can't brain with those BBB condo craze when you are paying so much for a box and divided land. Have to agree that house are for staying not speculating. Nak speculate, speculate la on the shophouses or businesses. Malaysians really many tak takut mati one.  not sure how much land costs these days, but shops at prime areas go well into the million range. i'm staying at metroview, wangsa maju and the shoplot downstairs is selling for 5 mil.. crazy expensive
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sendomike
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Jan 3 2014, 11:11 AM
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QUOTE(tat3179 @ Jan 3 2014, 12:07 PM) But the whole argument here is about the high end condos that costs 600-700K the developers can't seem to stop building nowadays.... are those condos even considered high end in terms of quality...?
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