QUOTE(ManutdGiggs @ Feb 2 2014, 07:47 AM)
i still dont quite undertstand leh... but i want to understand leh...Is the bubble finally bursting? 2014, V2
Is the bubble finally bursting? 2014, V2
|
|
Feb 2 2014, 10:08 AM
Return to original view | Post
#161
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
|
|
|
|
|
|
Feb 2 2014, 03:15 PM
Return to original view | Post
#162
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
|
|
|
Feb 2 2014, 03:52 PM
Return to original view | Post
#163
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(Martinis @ Feb 2 2014, 03:24 PM) the further ringgit depreciate, the higher property price will go...property is the best hedge against inflation Provided got ppl want to buy.. and can afford to buy.. the class I mention earlier reduced to upper middle class or rich.. it like patient waiting kidney transplant..like the movie infernal affairs 1, when eric tsang man seized by anthony wong man.. they cant press charge against eric tsang as the evidence.. I.e the drugs was disposed off into loong gu tan(loong gu port) wen police caught them red handed.. chapma to dispose all off it.. in the police station.. anthony wong has no choice but to let eric tsang and his man scott free and he dares eric of a game "2 soh lou in hospital waiting for transplant kidney.. they play a game by placing their own card in the opposite guys possesion and guess what is the card they are holding". Subsequen5ly.. anthony say if anyone who loses this game you will die.. eric tsang "anthony will die (property will not fall)".. it become a waiting game and waiting in property means holding and bleeding in interest". This post has been edited by bearbearwong: Feb 2 2014, 04:02 PM |
|
|
Feb 2 2014, 04:13 PM
Return to original view | Post
#164
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(gspirit01 @ Feb 2 2014, 03:59 PM) Price not dropping because sellers don't want/won't be able to drop price or have strong holding power ? Bearbear was saying previously that some people won't sell lower even until foreclosure. Bearbear, did I remember it correctly ? Yes.. anytime before foreclosure.. they still can sell off by private treaty oh miao.. they will hang till this moment..those with good holding power but got lousy prop will hold till end.. after foreclosure done.. auction done.. they will pay any balance.. coz if they holding long theyknow they are making loss.. dat y when the time comes and forsee cant sell. They dun pay and let it auction off. another category.. lousy prop low holding power but have a dream of banking 200k.. they will also hold till end.. and foreclosured auctioned but boh lui pay back mb bancrupt lu.. This post has been edited by bearbearwong: Feb 2 2014, 04:33 PM |
|
|
Feb 2 2014, 07:14 PM
Return to original view | Post
#165
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(Martinis @ Feb 2 2014, 06:58 PM) When ringgit depreciates, we have imported inflation. With inflation comes higher cost of building which translates to higher property prices and hence if you own property now, you are hedged. Is the constructions cost and labour increase to that drastic or is the investors/flippers appetite getting bigger? Taking 200k nett profit anyting to do with construction cost..ppl can choose to wait.. u will be bleeeding with loan interest and as my earlier post.. u will br msking a loss |
|
|
Feb 2 2014, 07:53 PM
Return to original view | Post
#166
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(CK15 @ Feb 2 2014, 07:41 PM) I havent encourter any of those ppl so far.. it is not businesswise.. u mean high end flippers then poor loe end flippers is this a clear admission by a property agent dat property investment will make a loss? |
|
|
|
|
|
Feb 2 2014, 07:55 PM
Return to original view | Post
#167
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
|
|
|
Feb 2 2014, 09:00 PM
Return to original view | Post
#168
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(AVFAN @ Feb 2 2014, 08:55 PM) i think it's the other way round - low end ones will still make in terms of roi as more and more mysians become kangkung gen, high end veli low demand except to keep mistresses... this dude did it again.. got ppl buy first then only can ur bank will fat fat.. havent sell already tinking the bank fat... crazy meh? u must have ppl to absorb the inflated property first maa.. ngam mou..well, if both go south, u know which one gets f'ed more but maybe can afford it better. btw, r v seeing high end doing better than low or the other way round now, right now?? |
|
|
Feb 2 2014, 11:37 PM
Return to original view | Post
#169
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(CK15 @ Feb 2 2014, 10:24 PM) there is NO such ting as pro flippers... CATEGORIZE themselves as "high end flippers"the category is for high end flippers is flippers/investors with a lot of cash to sustain crash/correction the low end flippers are "pro" , "not so pro" and damm not "pro"flippers with low holding powers cant sustained crash/correction on prop price. what is the point of having pro flippers when they dont have holding power and unable to sell their invested property, that in a nutshell makes them "not so pro flippers". invested wronglylahh |
|
|
Feb 2 2014, 11:40 PM
Return to original view | Post
#170
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(AmayaBumibuyer @ Feb 2 2014, 11:13 PM) Then 2009 - 2010 itself people say bubble and same argument that is justifying that bubble happened is being said over and over and over and over again now....and guess what? No crash. Except maybe bukit beruntng and I dont see any crash then, and i dont see it happening now. so do you think on 2009-2010 got phenomenon of SOLD but VACANT? and do you think the property price will go up sumore? and will there be more transacted in secondary market? |
|
|
Feb 3 2014, 12:03 AM
Return to original view | Post
#171
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(Martinis @ Feb 2 2014, 11:50 PM) I don't wish to see property prices increase too fast. It is never a good thing. In fact, I hope that things will cool down soon. But for long term investing, properties are very good. Not all new launches are worth buying but try looking for some good value subsales and hold for long term. this one i agree... property should not go up too fast now is too fast |
|
|
Feb 3 2014, 12:21 AM
Return to original view | Post
#172
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(Rabel @ Feb 3 2014, 12:10 AM) Uncle n unty cash rich in small town oso know keep land much much better than keep cash. No need financial planner to tell. ya it is true, provided the price are not inflated, this is not like see new project and whack.. uncle and auntie got whack outskirt meh? for investment, home stay or retire maybe larrauntie uncle whack properties they know or some agents introuduce and couple with own experience only go whack..young flippers different see developers not see price tag, and distance, possibility of increasing and surrounding demographic then whack.. mostly they browse the profile of the world class developers rather than other ting.. and couple with seniors who profited from 2010 to whack whatever came out from developers.. that echo hill websites says "it is a natural wonder, 30 minutes from KL CITY center" then show few trees, waterfalls, green hills, and yada yada.. the developer really interested on going green meh? targets they really interested.. like yearly revenue.. .. NO Disclaimer CLAUSE one.. only applicable during CNY days, non peak hours, curfew days and etc.. friend of mine the first time reach dat place was the registration day bought it ... and .. This post has been edited by bearbearwong: Feb 3 2014, 12:50 AM |
|
|
Feb 3 2014, 12:39 AM
Return to original view | Post
#173
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(Wiredx @ Feb 3 2014, 12:25 AM) Its already slowed down. Those buying for short term investment now are gonna experience a rude wake up call. In one utama today i heard on two occassions people talking in BBB terms. In the elevator a young girl (looked college age) was telling her bf how hot the property market was and they should invest before its too late (you know the kind of college kids that say "dy" instead of "already"). Another uncle was in a restaurant telling his daughter how good it is now to invest in property. They all talked so loud and with conviction as if they wanted to share their knowledge with the crowd. When it becomes like this you know the market is peaking. these are developers favorite pets... pump money for developer, let them come we shall pay a surprise visit to them.. |
|
|
|
|
|
Feb 3 2014, 12:53 AM
Return to original view | Post
#174
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(AmayaBumibuyer @ Feb 3 2014, 12:47 AM) I already did. Somebody here pointed out to put my money where my mouth is, i had 2 years ago when i bought 2 units of amaya. I am all in and im not kidding. And i dont intend to sell. Thinking about buying one landed house for own stay. Expensive but i will try. Fengshui not good for that house so i can buy it at not exorbitantly high price. Fengshui not important to me. Its been vacant for a couple years and i heard that chinese who has the high purchasing power in these properties stuff are not interested because of these fengshui factor. Opportunity for me. 2 years ago? now? ok bo? ecovest no buy? (this one confirm laku)DIBS got? i saw amanya leh 650k.. now.. by 2015 750k.. ? since you are familiar with maluri, pudu ulu condo? warisan cityview? prices are lower than amanya This post has been edited by bearbearwong: Feb 3 2014, 12:56 AM |
|
|
Feb 3 2014, 11:50 AM
Return to original view | Post
#175
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
|
|
|
Feb 3 2014, 12:03 PM
Return to original view | Post
#176
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(CK15 @ Feb 3 2014, 11:56 AM) for own stay, mind to share where u r willing to put ur $$$? what is the price range? any prefer developer(s)? seri kembangan, kuchai lama, kajang, mahkota cheras, tun hussien, bukit belimbing, jinjang, kepong willing to put maximum 500k. no any preferred developer hopefully not like talam and those half past six developers work abandoned..for investment, wht is ur target margin? TQVM. investment, landed really hard... high rise ba.. but entry price must be cheap.. tmn miharja here 140k apartment, rental 1k per month... i post 2 days room snapped liao.. low class lor.. any other form high rise but entry price must be lower than 350k OUTSKIRT no need consider.. my views.. |
|
|
Feb 3 2014, 02:15 PM
Return to original view | Post
#177
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(CloudAtla$ @ Feb 3 2014, 01:53 PM) Tmn m8harja only 25 k launching time.. the 98 k era has gone.. rental seriously dum jump till 3k.. I doubt 2.5k onwards.. ppl will start looking to buy.. thosr 3k rental for residential are not permenant except colleges area like sunway... bukit jalil imu.. pj near university malaya area.. and more.. those are good tenant... my friend hold 7 house in IMU.. rental damm good...now outskirt already 350k.. friendly neighbourhood.. rental to cover 1.7k.. |
|
|
Feb 3 2014, 10:05 PM
Return to original view | Post
#178
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(Showtime747 @ Feb 3 2014, 10:02 PM) Yes, you should be using 400k, hence high returns. But when an investor want to buy your unit, you will be selling at RM600k. Which the return is only 3%. It is up to him whether he wants to buy assets at 3% rental yield I m suprised.. are u the same boat as us hoping for cirrection crash then only go buy? I m impressed...The investor can't determine the rental he wants. So the investor should use the market rental to determine how much the property is worth. Not the other way around. If the investor can determine the rental based on the price he pays for the property, then investors don't mind paying RM1m for amaya |
|
|
Feb 3 2014, 10:24 PM
Return to original view | Post
#179
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(Showtime747 @ Feb 3 2014, 10:10 PM) Why are you surprised ? I expect the price to go down. Just that I don't expect a 30-50% price crash like you. Just unrealistic. Unless there is a financial crisis that cause wide spread unemployment. Or interest rate hike that reach 10%. Yes, I am waiting for dead chicken That is good welcome to the boat.. atmosphere is here just needed the correction /crash.. |
|
|
Feb 3 2014, 11:08 PM
Return to original view | Post
#180
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,533 posts Joined: Jun 2013 |
QUOTE(Showtime747 @ Feb 3 2014, 10:38 PM) I never missed the boat ya lar.. i am also targeting 10-20 % correction... say like 500k.. 20% correction is 100k.. so left 400k.. then further discount lehh 380k conclude deal.. 25% like that lor.. good deal.. i m for own stay.. investment later actually currently taking rentals also consider investment gua i guess.. heh hehRationally, everyone in the market knew the market is no good with the curbing measures. At best, it will be stagnant. Most likely it will consolidate. I am willing to speculate those UUU camp here are just trying to be positive. But deep down everyone has prepared for the correction. Only minority are still hopeful the party will continue. Whereas you are too pessimistic on the other hand. If you really want to buy property, don't wait for crash. Target 10-20% below current price will be more realistic. Many people has holding power and can service their loan if their jobs are in tact. There is no sub-prime or the like IMHO no need subprime.. malaysian workers are underpay anyway.. remember we are malaysian league.. fresh lawyers are paid 5 k sing dollar fresh lawywer malaysia average 3.2 k malaysia ringgit large disparity.. haizzz.. |
|
Topic ClosedOptions
|
| Change to: | 0.0751sec
0.69
8 queries
GZIP Disabled
Time is now: 12th December 2025 - 02:30 PM |