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 Is the bubble finally bursting? 2014, V2

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bearbearwong
post Jan 17 2014, 01:59 PM

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QUOTE(godlikexioo @ Jan 17 2014, 01:43 PM)
sometime when u need it a house u still need to buy even the price is crazy. i did come across this, it really need a house for married life. That time is just to decide whether to buy a super link GnG in out skirt or a services apartment in PJ/KL both are around the same price. After discussed with family KL/PJ will be more convenient. Luckily, it is a right decision for me. although the distance is just 13km to my office Jalan Tun Razak it will take 30-40mins for me to reach. Sometime the traffic 'Gila' will even cause me 1.5hr++ to reach. Thx god, i not choose to live in out skirt GnG super link, the distance is almost 40km+ to reach Jln Tun Razak, just imagine i may have to trap in a traffic for 2 hrs for normal traffic.. Just to share my experience.
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Oh good lord.. finally one agrees with me.. those outskirt DSL very cheap ones 750k.. u would not be able to bare the havoc traffic jamms.. when I point out this in echo hill ptoject.. they say I m nuts.. then simplyput a test from 9 am from echo hill to leisure mall only..

They claim need an hour or less from echo hill to leisure mall which they claim is KL and use non peak hours time to demonstrate the test.. this is distorted.. ON peak working hours from leisure mall to KLCC di 1.5 hours.. not including rain.. road closures.. broke down vehicles.. special event.. screw u.. how many overhead bridges you pass along to kl office areas.. all overhead bridges are occupied by motorist.. blocking the road.. how many days it rain .. u sure want to suffer like this to work and back ahh..

some flippers tell you if you buy southvile ah no problem wan.. take KTM... walao.. come on your flipped DSLthere is 750k minimum.. if you really bought three if a quater million prop.. u expect yourself to take ktm to work.. I mean selling prop if one ting.. but this is just too much.. some sick joke..
bearbearwong
post Jan 17 2014, 02:14 PM

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QUOTE(doomdoom @ Jan 17 2014, 02:11 PM)
i think different ppl different preference, i got to know my friends, at the beginning stay at KL/PJ condo...after get marry and start a family, most of them already move to rawang, kota kemuning, setia alam, sungai long, they chose spacious landed and with about the same price which only can get a 1+++sqf condo at kl/pj...

ya, the traffic time is longer but somehow at least their kids/parents are staying comfortable in the landed..

so i would say different ppl different preference...

i know someone like bearbearWong brother will say, lots of landed at outskirt lelong la, nobody wan la...

come one la, lelong units are all over the place, including those prime location like mont kiara, klcc...not only outskirt area.....

anyway, peace....it's holiday...
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Dude.. u already bought echo hill 2 biji.. diedie also must say thay.. u from echo hill thread lehh..

dude u want to buy 750k outskirt kahh everymonth ah toll plus petrol 1k at keast. Unless in support of echo hill project.. u want ppl ride motorcycle to work... come on.. on one hand say comfirtable travelling and stuck in jamm long hours also damm uncomfortable wat...

u saying like this to sell your prop or genuine...

This post has been edited by bearbearwong: Jan 17 2014, 02:17 PM
bearbearwong
post Jan 17 2014, 02:22 PM

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QUOTE(doomdoom @ Jan 17 2014, 02:11 PM)
i think different ppl different preference, i got to know my friends, at the beginning stay at KL/PJ condo...after get marry and start a family, most of them already move to rawang, kota kemuning, setia alam, sungai long, they chose spacious landed and with about the same price which only can get a 1+++sqf condo at kl/pj...

ya, the traffic time is longer but somehow at least their kids/parents are staying comfortable in the landed..

so i would say different ppl different preference...

i know someone like bearbearWong brother will say, lots of landed at outskirt lelong la, nobody wan la...

come one la, lelong units are all over the place, including those prime location like mont kiara, klcc...not only outskirt area.....

anyway, peace....it's holiday...
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see I told u guys di.. they banking hard on the

" price of an outskirt landed prop is equivalant to high rise in kl" dat for them is a good deal.. they didn reliase their flipped priced is equally high 750kk.. new phase 2 launch 600k minimum after CNY.. ppl will diedie buy landed even outskirt and even 750k..

he fail to mention dat he himself wont stay there due tothe traffic congestion but expect u guys to stuck in d jamm

This post has been edited by bearbearwong: Jan 17 2014, 02:25 PM
bearbearwong
post Jan 17 2014, 02:28 PM

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QUOTE(doomdoom @ Jan 17 2014, 02:22 PM)
since when i said i bought 2 biji Eco hill?

and since when i target to flip at 750k?
how u know i not able to hold for long term or keep for own stay?

why u classify me as flipper?
those 2 biji ah, 750k, flipper, all assume by u..

since u like to assume this and that, i also can assume you are just a pity guy who stay in mirhaja low cost flat, and not able/not afford to purchase anything especially landed, maybe in ur heart u wan to buy landed so much, but cant afford it, so u put ur anger on the hot property market segment which u think are the flipper cause the property price go up so high....even though lelong price also consider expensive for you and you not afford to buy

...so u keep cursing here and there...hahaha
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Dun be so angry.. I m damm poor staying in tmn miharja reliase it took 1.2 hours to reach klcc.. u on theother side say less than an hour fron echo hill to reach leisure mall only... not cursing just merely revealing the cons...
bearbearwong
post Jan 17 2014, 02:30 PM

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QUOTE(Wiredx @ Jan 17 2014, 02:27 PM)
If buying for own stay, no need to get emo lor. Those secretly buying for flipping will tend to react quickly hehe
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I can smell dat.. damm look at their threads man.. society it seems.. soxiety to flipp the price.. good he lure ppl to their threads.... haha
bearbearwong
post Jan 17 2014, 02:42 PM

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QUOTE(doomdoom @ Jan 17 2014, 02:33 PM)
i worry even though flipper flip at cheap price, u also not afford to buy..then u keep continue stay at mirhaja low cost flat and use ur computer continue cursing and u hope one day got a flipper flip the klcc binjai condo to u at 200k....

200k binjai condo facing klcc park for u is ok or not? can afford boh??? rclxms.gif
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I cant afford leh.. how then echo hill 750k.. yeilds I miharja condo is bettet than echo hill even before they are completed.. here yeilds is rm 1400k.. and I m using phone lehh..
bearbearwong
post Jan 17 2014, 03:13 PM

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QUOTE(doomdoom @ Jan 17 2014, 02:51 PM)
yaya..agree, normally those low cost flat come with good rental yield, because price not go up much,

many ppl initially stay at low cost flat at mirhaja,  work very hard and earn the money and start to move to 750k landed at sungai long or cheras, live happily with their parents and kids...
while there are some ppl who not work hard and very lazy, still stay at mirhaja low cost flat, rubbish everywhere, lalat everywhere...then continue curse the property price too high.... whistling.gif
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See cheras and sungai long.. mahkota maa.. where got echi hill and southville.. megatownship...

and property price too high is a fact not only me.. ask around you maa.. or ask yourself.. the increase was fueled 3 years recently by speculators like you and not because construction materials.. the 200k ting profit kills the prop market..

I dont personal attack leh.. can I report.. ???
bearbearwong
post Jan 17 2014, 04:28 PM

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QUOTE(doomdoom @ Jan 17 2014, 03:18 PM)
report me? why? do i do any personal attack on u?

i am mentioning about those lazy ppl who not work hard to improve, if u think i am saying u, then just report lo...maybe uself also admit it...haizzz...

anyway, KL/selangor welcome u..this is a cruel city...

one more thing, u really think 200k is a lot of profit?

if yes, then i got nothing to say la...good luck...hope one day u can hunt down all the flippers and finally get ur dream house at the price u afford and agree with.... rclxms.gif

but one thing remind to u, must act fast, this is city...many ppl move faster than u....u should spent more time to look for auction property instead of complaint in low yat....just my 2c... rclxms.gif
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So u admit 200k... all forumers are merely workers.. hopinh other workers to buy their inflated prop.. this crash will keep your money lock there..

my clients never bother bout low yat net lah.. flippers low end.. they dun fear burning.. they can start all iver again.. forumers here generlly are not in those category
bearbearwong
post Jan 17 2014, 04:34 PM

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QUOTE(brother love @ Jan 17 2014, 04:26 PM)
Actually flippers r not tat bad...me used to tink them as greedy speculators...but u know, they helped generate jobs for the developers, give business to bankers but hold all the risk during the construction stages ( especially in the event of a market crash) i tink the profit they made justifies the contrbution they made to the economy...and u know wat, most of them r decision makers, most who missed out didnt dare to buy and overanalysed...tats my opinion frum my obervations...not all speculators or flippers r filthy rich, they took a lot of risk..imagine taking Rm500 k to rm-800k bank loan just to make Rm 100k profit, and market conditions and rules chg all the time ( rpgt 30%)...most people who complains were the one who missed out be oz they slow to make decisions or keep waiting and waiting and waiting
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I m not d one missed I was there ... during soft launch.. lately.. their appetite grows.. 200k clean.. leaving the market bubble.. arent them... thanking flippers for increased GDP... on the other side they inflated the market.. cause younger generation to face inflated prop

bearbearwong
post Jan 17 2014, 04:35 PM

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QUOTE(doomdoom @ Jan 17 2014, 04:29 PM)
oic...so u admit 200k is a lot, and u not afford to pay 20k downpayment for mirhaja flat?
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Yalu cant afford 20k downpayment.. 200k is a lot.. even to you..
bearbearwong
post Jan 17 2014, 04:43 PM

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QUOTE(icemanfx @ Jan 17 2014, 04:37 PM)
Business create employment, add value to the society and economy but not speculation.
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Speculation can help to create artifical GDP increase.. in long run.. it will cripple the system in totality.. as the price do not reflect the actual figures in society just to benefit some groups... they already resort to personal attack.. can see how desperate they are.. issue on point already out.. moderator please evaluate the comments..
bearbearwong
post Jan 17 2014, 04:44 PM

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QUOTE(doomdoom @ Jan 17 2014, 04:40 PM)
20k also dun have, but pretend like property expert at here... doh.gif

anyway, thanks for enlighten my boring afternoon..
hope u enjoy ur times at mirhaja flat...well, i been there before...the condition is quite rundown and very dirty..

hope u can involve uself in the management for the flat to make it a better living place la...instead of blow water here for whole afternoon, u better go down to clean the dirty floors at mirhaja flat there...fullfil ur social responsibility... whistling.gif
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Ppl who dont have 20k as claimed know that prop market is going to bubble .. haizz
bearbearwong
post Jan 17 2014, 08:11 PM

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QUOTE(doomdoom @ Jan 17 2014, 04:55 PM)
i like this... thumbup.gif
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I m not ashemed at all.. to admit if I m.. but in property bubble just trying to divert will not be helpful.. it certainly will not reduce the effect that as stated in my other post..
bearbearwong
post Jan 17 2014, 10:46 PM

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QUOTE(cherroy @ Jan 17 2014, 10:12 PM)
Merging, may cause some "hair-wired" on the posts in the topic, as merged topic sequence is based on the date.

So the other topic is closed.

Ty.
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Mod but this is not the exact continuation.. dat one which was closed was the original one.. version 2 with version 1 intact.. this is new author..

is there room for negotations ah? Rules and regulation on lowyat net?

This post has been edited by bearbearwong: Jan 17 2014, 10:53 PM
bearbearwong
post Jan 18 2014, 10:27 AM

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QUOTE(icemanfx @ Jan 18 2014, 06:21 AM)
If one can anticipate the sky will fall, at least can find a shelter.

Believe these invisible hands took advantages of zero rpgt to minimize tax, legalized cash and caused initial wave of "price increased". Like retailers in stock and commodities market, most flippers entered the market while these invisible hands are exiting.
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Another wave those times dealers and middle man.. GST cime definately want to increase price.. if I m one of the retailer.. I go straight to sole distributor to save money on GST. Business no good liao
bearbearwong
post Jan 19 2014, 05:04 PM

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QUOTE(icemanfx @ Jan 19 2014, 04:30 PM)
Vp in 2017 or 2018, price and demand will be in UUU by then.

Many in BBB wanted to buy more but couldn't get loan. Damn the bnm for not allowing investors to support the market.
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No

it will all go down the drain.. bubble going bigger bigger and bigger.. for investment.. it going to be outright non sales as too high... and many cash already locked beneath... now developer launch already 640k new cheras condo.. there is really no room for investment..

"The end draws near", happy buying and investing
bearbearwong
post Jan 19 2014, 09:42 PM

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QUOTE(twincharger07 @ Jan 19 2014, 05:19 PM)
if there is no room for investment, harder to get loan, speculator stay away and let genuine own use buyers to buy for own staying..

so lesser speculation activity, bubble contained.. not good meh..  brows.gif
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But BBB group see cheras project only they will die die die must buy buy.. so they dun believe in bubble
bearbearwong
post Jan 19 2014, 10:01 PM

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QUOTE(twincharger07 @ Jan 19 2014, 09:53 PM)
what is the sales performance in cheras that makes you think BBB?
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Actually my crystal ball... cheras prop anyting left in new launch based on your previous experirnce? Sold but vacant a lot lor.. like connought avenue.. amanya maluri.. pertama residency.. and etc

u see ecovest cheras only left big units and of course expensive lu.. even d MARK .. LIDO ..you city& vista complete sapu.. VYNA.. c100 cheras selatan.. silk residenc3
bearbearwong
post Jan 19 2014, 11:57 PM

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QUOTE(cybermaster98 @ Jan 19 2014, 11:49 PM)
We had a good thread which had good factual discussions but most importantly, for once we had something we could reference against for the future and see if the 4 signs were actually prove to be true. And now because of the emergence of this thread, my other thread was blocked and that reference is now gone. Thats the problem with LYN. Everybody keeps creating new threads for the same damn topic and there is no proper reference for the future especially in discussions about property pricing and whether the signs that we're seeing now are truly reflective of an upcoming property slump. But now its lost and all we have is just a poll which means almost nothing because half the voters are property agents.

My first thread:
https://forum.lowyat.net/topic/3031756

Version 2 which was closed:
https://forum.lowyat.net/topic/3100773

Really disappointing because property prices is something which has significant impact on most of us here investors or speculators alike.
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haiyo ya lorr.. the one with lots of arguments one shut down.. but nevertheless.. i think most of us got the message..
maybe our thread got "special attention liao" very difficult...actually i no need to see the rules i know di.. the discretion will be absolutely on their hands.. we cant contest..
bearbearwong
post Jan 20 2014, 12:51 AM

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QUOTE(tikaram @ Jan 20 2014, 12:49 AM)
Everyone read post here for the past 2years know all poll go one direction.

One person can vote many times.
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okok back to business as usual.. thank you.. cool down.. wait the storm come

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