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 Is the bubble finally bursting? 2014, V2

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Rabel
post Jan 28 2014, 09:36 PM

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QUOTE(value_investor @ Jan 28 2014, 07:02 PM)
I'm one of the type of investors you described. I have cashed out of property already. Most of my millions are in better income producing assets now. These people who says "property always goes up" are typical middle class who will never be rich becoz they possess low financial intelligence. They will forever be slave to money rather than master of it!
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Pls share info
Rabel
post Jan 28 2014, 10:07 PM

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QUOTE(bearbearwong @ Jan 28 2014, 09:52 PM)
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
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Look like u oso think property is good investment. Only thing is below 500k property. Which project u refer to ? And Y u think tis project got potential ?
Rabel
post Jan 28 2014, 10:14 PM

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QUOTE(value_investor @ Jan 28 2014, 09:56 PM)
Go look around what is the lowest now is probably what I'm holding now. The intelligent investor know to buy low and sell high.

Those who believe property never drops below launch price are fools. I bought so many properties in 2006 below the owners' original prices from developer from 1997!
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Got ppl think property never drop even though below launch price ?. OMG.
Tis is possible. Need to study n familiar first before go in. Not only property. Others oso same.

** I think the property u bought in 2006. Maybe is rawang. ** I guess only.



Rabel
post Jan 28 2014, 10:38 PM

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QUOTE(value_investor @ Jan 28 2014, 10:01 PM)
Not only below. They were 30% below. That's 10 years after initial launch!
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U bought 30% below launch price in 2006 after 10 yr launched(1997)
Have u make money from tis property?. If yes, maybe u should say thank q to them instead of fool.
If not becoz of them. How can u make money, right?
Rabel
post Jan 28 2014, 10:52 PM

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QUOTE(bearbearwong @ Jan 28 2014, 10:48 PM)
For home stay my friend....
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Haha u really doh.gif doh.gif
Rabel
post Jan 28 2014, 11:24 PM

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QUOTE(value_investor @ Jan 28 2014, 10:51 PM)
Yes, should thank the fools. But they are still fools sorry to say, it is capitalism! They are not Rawang, many in Penang, especially those projects by Goh Chun Lai!
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Goh chun lai. Hihi, tis guy kena pukul jialat jialat during last election. He really "sheng cai bo si fan" . A lot of penang lang kena tipu by him.
Rabel
post Jan 29 2014, 07:27 PM

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QUOTE(value_investor @ Jan 29 2014, 07:18 PM)
There is another class of assets you can invest and gain better return than real estate and yet potential for leveraged capital gains! Fixed deposits are for retires, while properties are for fools now!
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biggrin.gif biggrin.gif 30% of top richest in china are fools now.
Rabel
post Jan 29 2014, 07:39 PM

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QUOTE(jolokia @ Jan 29 2014, 07:32 PM)
They r mostly corrupter looking for ways to hide/laundering their undisclosed $$ nothing to be proud of.
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The other way rd, they r smart too at least can be top 30% in china. We?. Habuk pun tak ada if compare to them.
tongue.gif tongue.gif
Rabel
post Jan 29 2014, 07:42 PM

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QUOTE(value_investor @ Jan 29 2014, 07:38 PM)
China different bro! Due to regulations many hold RE!
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So, only properties in malaysia are fools now. LKS maybe one of the fools oso. Jump from this fool to another fool. rclxms.gif rclxms.gif
Rabel
post Jan 29 2014, 07:49 PM

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QUOTE(jolokia @ Jan 29 2014, 07:45 PM)
Many here also, but get mixed up with clean money so hard to traced, authority also don't bother, u help me I help u mah.

A few "famous" individual also turn developer, so kawan2 sama jalan cari makan loh.
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Actly majority rich man wont have 100% clean money.
biggrin.gif biggrin.gif
Rabel
post Jan 29 2014, 11:17 PM

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QUOTE(Zaci @ Jan 29 2014, 10:45 PM)
Stocks and margin financing?  hmm.gif
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Tis one dun play play lor.
Rabel
post Jan 30 2014, 08:09 AM

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QUOTE(icemanfx @ Jan 30 2014, 02:40 AM)
Why some bank premier account is only qualified by cash amount?
Flipping property could be higher risk.
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I dun think so property can be higher risk.
Wat ever losing money u still got the property there but in stock market.. U can losing till underwear pun tak ada.

Rabel
post Jan 30 2014, 09:11 AM

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QUOTE(jolokia @ Jan 30 2014, 08:35 AM)
In a way property is more risky than share.

1.) U buy property though long term loan, meaning U don't really "Own" the house till U complete the loan.
2.) Property need maintenance/repair with or without tenant.
3.) Those house in Bukit Beruntung also can be consider underwear pun tak ada.
4.) It take months or years to dispose a property compare to share within miniutes.

Many more malas to type here.

Conclusion don't think property is a safe heaven investment, in fact i can see more & more people bankrupt due to house loan.  doh.gif
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First, I din say property is a safe heave investment. I only comment compare to property vs stock. Stock is more risky to property. Add one - stock can make faster money than property but once die oso faster than property. No risk no gain. High risk high gain. Low risk low gain.

1 and 2. Like ppl play margin. The share not belong to u. U think which one mati first.
3) can not deny bukit beruntung is failure at tis moment but apa mati pun u still got the landed there. If share can mati till u one cent pun tak Ada
4)share can dispose in one min. U ask ppl mati in 1997. Wat sell oso nobody Wat n the price everyday drop. Margin ppl mati, company PN17. Hihi. Really apa pun tak Ada.
Ppl hold properly in 1997, really tight. Once crisis ok, property come bk again. Margin ppl still mati, coz company Sudah tak Ada. Share like toilet paper. sell land, sell house oso can not cover.
U know same share ppl bought in 1992 and 1993. ( during that time apa share u beli oso make money). Becoz of 1997, till now if sell now still losing money. doh.gif doh.gif
Rabel
post Jan 30 2014, 10:31 AM

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QUOTE(ManutdGiggs @ Jan 30 2014, 09:30 AM)
Prop is onli risky if its with huge loan. Those hav more than 50% cash up front or reserve in flexi loan r vely safe.  laugh.gif

Stock market ll onli kill if playing margin. Most r trading stocks in cash la. Buying sthg in cash can onli lose the diff in between. Worst is burned lo. Back in 97, those jump fr 14th flr losing $$$ in stocks r playing margin ma. Some small % of players either kept it or cut lose. My neighbour even make a handsome few mil back in 97 in MBB counter.  rclxms.gif

Seasoned investors wont die so easily la. Of cos can deny the fact tat there r few gungho wan stil failed in 97.  tongue.gif

Fast forward to 2017, another 3 yrs to go. Sure there r some happy guys and some jumpers fr 14th flr.  sweat.gif

icon_rolleyes.gif
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That y I said stock make faster money than property but oso can die faster than property.
Proper planning in investment very important. Watever property die, u still got the property. Share can die till apa pun tak ada but doesn't mean u can not buy share.
2017 hmm.gif hmm.gif KLSE :drop to 600point. Tis time to buuy blue chip.

Some happy n some jump from 14fr sampai mati

This post has been edited by Rabel: Jan 30 2014, 10:42 AM
Rabel
post Jan 30 2014, 12:03 PM

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QUOTE(icemanfx @ Jan 30 2014, 11:52 AM)
In any investment e.g. stock, commodities and property, as long as one doesn't borrow to invest, losses is limited. However, if one borrowed to invest, be it stock, commodities and property, risks is multiplied as per COCR rate and can be underwater.
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Actly I try to say. Property vs stock. The risk on stock is higher but can make money faster. Borrow or cash buy is diff story.

U dun play margin of coz will be low risk. Coz u can hold share. Pls be reminded listed comp can be disappear, 5 share become 1 share. Right ?
U buy land. Can land disappear ?. Or 5 acres become 1 acres?. If really die u still got the land. Right? If share really die.. Share become toilet paper. Right? biggrin.gif
Rabel
post Jan 30 2014, 12:15 PM

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QUOTE(ManutdGiggs @ Jan 30 2014, 12:08 PM)
In short. High risk high return ma. Any got no risk??? Even driving balik kampung got risk. But how not to balik le???  tongue.gif
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Yalo, high risk high gain, no risk no gain.
Rabel
post Jan 30 2014, 01:16 PM

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QUOTE(jolokia @ Jan 30 2014, 12:58 PM)
U buy land by borrowing from bank right ? so in reality the land doesn't belong to you, it belong to the bank, that mean you don't have anything untill you complete the loan tenure, so if you suddently no $$ to pay u have nothing or maybe lucky enought if bank lelong can earn some peanuts...  laugh.gif

Who say buy share have nothing ? if the price fall you can cut loss within minutes, but if land price fall you can't sell immediately, so you might caught up with a big burden & cash straped for long long time.

Those who end up with toilet paper r those who is stubborn & refuse to sell at loss, for me so long as one willing to cut loss at certain point & look for other profitable counter, one will not have toilet paper.  whistling.gif
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Lu tahu Apa itu panggil proper planning ? If u no money to pay loan. Who ask u buy land. Dun hv so big backside dun eat so much "Lau sai" ubat.

I said share will possible become nothing. U tot u wat sell sure ppl got wat to buy during crisis. I worry masa u wat to cut oso Tak sempat.

Rabel
post Jan 30 2014, 01:19 PM

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QUOTE(kevyeoh @ Jan 30 2014, 01:11 PM)
The problem is land price wont fall la....
So your selling price always higher than loan amount...
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Right. Tis is go bk to very basic theory. Supply vs demand.
Land only will lesser n lesser.
Rabel
post Jan 30 2014, 02:56 PM

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QUOTE(icemanfx @ Jan 30 2014, 02:45 PM)
Property price in sg, japan and hk have dropped on occasion.
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House or land.
Land in spore n hk n Japan drop?
I only curious still got how many empty land in spore n hk especially in ong area

This post has been edited by Rabel: Jan 30 2014, 02:59 PM
Rabel
post Jan 30 2014, 03:09 PM

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QUOTE(kevyeoh @ Jan 30 2014, 03:05 PM)
Not really that significant I guess even after like 8 rounds of cooling measures in Sg? What was the percentage drop? I the impact is nothing.... I have relatives and friends in Sg.... none complaining property price drop also....
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Eventhough drop.... Still more expensive than Malaysia. tongue.gif tongue.gif

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