oh dat means echo hill and southville different lor.. right mou.. township right? by sp setia adnd mahsing right? jade hills and TTDI groove kajang by TTDI and Gamuda leh? still vacant oh..

but if you really hold.. and place so far... my previous post.. here is my reproduction again

850k after 10 years... sure up lor.. u di pay 420k installment.. plus 75k deposits... legal fees stamp duty 25k upon selling and your progit of 100k lets say...and ur loan sum is 650k..

so 650k -420k-75k-25k -100k profit.. bro assuming interest rates does not flactuate at all.. U STILL OWE THE BANK 30K.. Do you know ? Flipping instantly.. those say long term investment is lying through their teeth..

lets adjust to 950k.. total profit of 200k..
Means loan 650k -420k-75k-25k-200k= you earn 70k for 10 years.. means a year is 7k... per month is rm583 DSL per month rental.. hardly can get a room even flat sin KL.. u sure.. just to say up..

We have not factored legal fees.. stamp duties.. gosh.. maybe think .. subsales 750k DSL hoping for 200k.. srlling 10 years is sucide.. immediately sales upon VP can..

so those agent tell you sure untung.. let them hold.. 5 years above also die.. even home owners be prudent.. a DSL outskirt cannot reach 950k.. who wanna buy 10 year old prop.. haizz..

is this some joke?

one question.. is echo hill.. southville.. kota warisan sepang.. taman tasik semenyih.. coalfields ... mantin..seri pajam.. bukut beruntung.. rawang 2 residence consider ulu to you? pick which one.. coz out of these.. vacant list but sold still many?

the 2 large township u know who... how? first phase itself 600 unit havent finish completion.. they di talking about increase to a "DOABLE 750k " minimum DSL..

kota warisan small project.. u got balls mou a land behind kota warisan 150 acre agriculture .. freehold non bumi.. facing elite highway.. ready to sell.. and is 15 minutes away from friendly southville ..

built and buy.. confirm utnung

This post has been edited by bearbearwong: Jan 28 2014, 12:13 AM

Or maybe just affect the flippers leh.. low end ones the most here..

the buy now theme or will increase later will not work.. it is already beyond affordability..

economic plunge or burst there are still rich to wallop wat.. and of course manu still waiting... as long the price plunge.. there is possibility ppl attaining so.. better than keeping increase forno reason..

or if really burst.. financial institution tightens causing many not qualify for a short period... those invested.. they will go bancrupt.. then all property under loan or even free of encumberances will be vested in OA nane and sell off accordingly.. of course cheaper just to cover d loan owed by flippers.. thereafter.. chances of grabing will be better as flippers already bancrupt or risk of defaulting ccris koyak.. unable to get loan.. less pool of ppl buying or compete..

a bubble burst in pocket and then full mode is needed to restart the property price back to normal.. with this to reliase.. some group of ppl really need sacrificed.. and I anticioated mostly agents and low end flippers to take the full hit... thereafter the high end flippers will exit the market or reduced accirdingly

As long it is cheaper and market heading to a downturntrend to a reasonable level..before slowly appreciating..

And a long the way eliminating speculators or even deter cash rich ppl will do.. by burst.. rich ppl will be very careful.. but for house owners it is their time..

u bought echo hill for stay.. why is the worry and anger as I posted in echo hill.. no reason..u agent? U allege u early 40 retired.. if bought echo hill... mb need be around 50 to reap d profit.. that time.. maybe.. the full fledge township will crystalize to highly populated area..

maybe u want to reconsider.. i think i overlook something di when i post..

taking back the same example:

Buying a 850k DSL (previously bought 750K now likely to be echo hill case) after 10 years..... u di pay 420k installment (3.5k X 12 X10 years).. plus 75k deposits... legal fees stamp duty 25k upon selling and your progit of 100k lets say...and ur loan sum is 650k.. let us assume rental for DSL is RM1,000.00-RM1,800.00.. increase monthly...we take a median of RM1,500.00 per month (this works out to be RM180K for 10 years)

so 650k -420k-(75k-25k) -100k profit.. bro assuming interest rates does not flactuate at all.. you still owe the bank RM30K.. let say (provided 10 years you have tenant secure tenant) you get RM180K for 10 years. after minus RM30k you owe to the bank... you still earn 150k.. but think again the 75 k is actually the deposit you park in and 25 k is actually the legal fees payable, these are your own money) 100k total.. therefore, even with rental covers.. you only earn 80k for 10 years (assuming you really have tenant). that is like 8 k per year and that is RM666.00 per month.. rental in average..


now lets adjust to 950k.. total profit of 200k..
based on the above you earn 80k for 100k profit, but for 200k profit, you earn around 180k for 10 years per year 18k? RM1,500.00 per month.. this is reasonable but the risk of no one buying a DSL outskirt worth 950k (another extra 30k [being extra 20k deposit and stamp duties payable])

so you see.. this will then reduced to the arguements of whether the prop price will climb over the million mark.. WILL IT or is it REASONABLE TO EXPECT SO? holding long term really not viable.. and outskirt prop really runs the risk.. coz the starting price for echo hill is expected to be at least 650k... COZ phase 1 ( 450k +legal fees+ minimum expected profit landed 100K) =580K? subsales? izzit logic to say? new phase 650k at least? so developer sales no problem as entry is low.. your flipped price really going to be stagnant for quite sometime coz you are selling future price.. if i bought the DSL from you for 750k.. can i expect like you around 3 years to appreciate to another 300k just like you.. dat makes the figure 1.05 million DSL outskirt? UNLIKELY RIGHT.. this was never a phenomena in previous years before 2010, things was great.. just this few years.. the price are crazy and unsustainable..

the real market buyers are workers middle class and upper middle..

This post has been edited by bearbearwong: Jan 28 2014, 06:38 PM

If I miss.. mind sharing?

Maybe u got a bettet figure? Name it.. I thought you are the insisted 100k 10 years..

then again.. 750k (originally 450k) upon completion landed 2 years.. so another 10 years will be 1.2 million plus 750k.. around 2 million?... logic mas?

Lets not go far moment u purchase it for 750k.. after 3 years 1 million.. u want to buy? Loan of 4.5k per month for 35 years

Every potential buyer try/ avoid parking in money in the name of HOLY GOD for a house once get married.. dontjust buy blindly.. but keep d optiin open.. look for prop below 500k..

For existing owners.. intending to flip with low holding power to flip less dun follow d horde.. the horde is invulnurable (cash rich) flip bitbit suan liao.. those high end.. I m nobody to advise you.. may HOLY GOD be with you when burst since u holding many..

For owners intend to stay.. no worry on price but to upgrade to semi D from DSL.. Maybe bit difficult but doable.. important hope iccupancy high...

for snipers.. aim properly.. the plunge is about to crystalise longest before Q3.. hope snipers are not another version of flippers

For home stay my friend....

Brother the same 10 years is really different wave liao.. everytime ppl say tsunami come bo lang chap... the prop price went hair wire just these few 4 years leaving effect of overinflated price and vacant unit but sold.. was this happening in your last 10 years or even 5 years..

bro this time really serious.. in my view.. u can go ahead and grab as much as posdible.. I doubt you still act like last 10 years.. grab when there is launches.. there is a change in the demographic.. u also notice it.. gud luck..

we have nth to lose here.. started poor be poor.. well u guys started middle class .. risk d chance losing..

Likr bkt beruntung.. kota warisan.. taman tasik srmenyih.. ttdi groove.. kajang 2.. bangi .. u be bleeding and credit locked.. just vacant is enough liao..


the trend now is south part 2 mega projects sure many youngster trapped.. look at their price... justified bo 400k servicr apartment . Outskirt lehhh... justified the price following flipped market ah...

I m not sitting down waiting holy god to ask me buy.. option are open to affordable housing.. I ting different I aint here investing... the world is so cimpetative.. everyting is calculated till d end... same like flipped prop dat ptice is maximum for at least 8 years ahead..

consult any actuarist.. maybe can share new thoughts

I m serious lehh dat amanya reli an overkill in price.. studio man 2 rooms.. u know some smart ppl partitioned d space with no fan and taaaaaaa...
3 rooms.. come on... take a drive and see at night... so low d occupancy every flipper want to sell.. previously right amanya got KLCC view ione.. unfortunately.. velocity block di.. now after piling works and now carpark totally block liao..block view

tell you thought developer promise got klcc view.. u cant fight in law go court oso lose lose.. one can have right of eastment right of way.. right of view cannot.. england got case say cannot .. some county council vs canary wharf.. some ting like dat..

amanya tak mau goreng you.. that place got warisan city view condo 420k. miharja condo 400k.. miharja phase 1 180k and phase 2. 150k ..pudu ulu impiana condo 3 rooms 430k.. dat PGRM ting.. and the next building oso service aoartment.. and of course our PPT highly populated one.. amanya 750k.. very difficult...

becareful when addressing this issue and some forumers.. shall we..

still this issue.. tell us how much u want to sell then?? at least 550k not to suffer any loss in investment..

foreclosure different ball game liao... asking price cannot quote liao.. evrytime bo bidder.. drop 10 percent.. if got ppl bid then ok.. some place no one want to bid..

yea .. but it is SOLD but VACANT right? dun belive high rise u sendiri tengok at nioght.. like maluri areas.. this has been address earlier despite the increase, holding back will make loss.. coz u are servicing the bank...

economic back bone.. correct.. u also aware that the government 3 measures:

1) removal of DIBS
2) increase of RPGT
3) 1 MILLION restriction to foreigner especially Singaporean

can you infer what the government want to do here? less transaction less revenue? less transaction.. less bank loan.. less stamp duties... less stamep duties on S &P. i think property is the backbone of a country (if is increased accordingly with growth) here property is been inflated some parties just want to blindly profit.. we are living on inflated placed that were not supposed to be...

and i think government know that is the backbone, it is also now a liability to government as we are at risk of bancrutpcy..

this is the truth.. the economy is BAD.. house are inflated... especially outskirt.. developers follows suit.. many flippers are between 28-40 are are low end flippers..

eh ya lor.. the final desicion rest on the potential property buyers /flippers.. dun follow suit to some forumers here.. they already made their profit 3-4 years ago, when property was not inflated badly... it left a bad taste in the mouth izzit? couple with the price hikes and economy u feel that this might be corect?

they themselves know it is a trouble market.. since we enter 2014, those last minutes buyers (especially outskirt) boarded the last and wrong train. thinking that they will make the same amount as their predecessor forumers who earn 200k easily on 1 property...

maybe u want notice hat most buildings newly completed are SOLD but VACANT? and another similarity.. flippers are trying to standardize the new housing price outskirt or not, they will be selling at 700k marks DSL.. high rise 500k.. dun believe ah.. as them ..