From number of people attended the seminar implying;
1. Many made profit earlier and addicted.
2. Many are hungry for more investment.
3. Many are unaware price stagnant started in 2013 and expecting more price increase.
4. Many new comers wanted to join in.

Despite advise from experts, many will continue to invest believing they know better. Bubble will continue to grow from these group on investors alone regardless of genuine demand or general economy until many could no longer hold for the next suckers.

This post has been edited by icemanfx: Jan 19 2014, 12:09 PM

To people who have made profit or have friends that made profit, the money and opportunity is REAL, rare and won't give up for anything.

To overcome short term price stagnant, believe many will focus their investment on properties to be delivered in a few years time. Hence, expect a drop in subsales demand but higher demand on new launch.

With limited land, growing population, rising raw materials price and gst, investors believe and prefer linear growth trend and exponential growth trend.

People who studied mathematics or statistics knows nut about roi, cocr or making real money.

This post has been edited by icemanfx: Jan 19 2014, 03:06 PM

With this rebate scheme, BBB continue! Price stagnant or demand drop in next 2 years is not a concern.

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.

This post has been edited by icemanfx: Jan 19 2014, 04:40 PM

To BBB, newly launched at 640k proved their foresight is correct, already paper gain on what they have invested. VP in 3 or 4 years means definite, higher gain and will retire comfortably by 35 y.o.

To some; Banks deprive investors opportunity so that they won't look embarrassed that investors could make a lot more than their educated and qualified officiers.

Since KL property price is so cheap, he should be buying not selling.

As if No more development near lrt or mrt stations.

Have you work out number of new supply within walking distance from lrt/mrt stations? How many people will move from their current location to be near to lrt/mrt stations?

How many can sustain installments until 2020?

In developed city like Singapore, Hong Kong, Tokyo, London, Paris, Berline, etc how much are the "premium" paid to be near to mrt stations?

As if supply is inelastic.



This post has been edited by icemanfx: Jan 21 2014, 07:39 PM

Out of total working population in kv, how many of their work place are within walking distance from lrt/mrt station?

Some developers or syndicates engaged re agents to call up owners offer to buy at high price, while they are unloading their unsold units at lower price.

Asking price without transaction is syok sendiri, believe demand is better judged by how fast unit is sold.

At high inflation rate, disposable income is reduced, property price may not necessary rise inline with inflation rate. However, prolonged high inflation rate will ended up in recession and property price is almost certain will fall in recession.

Historically over a period of 50 years, there will be periods when real property price is relatively cheap.

Guess you are gen Y and never experience recession. In this case, don't keep any cash.

This post has been edited by icemanfx: Jan 24 2014, 03:04 PM

Before 1997 crisis, everyone in the stock market believed they were genius, could make $$$ from nothing. Likewise, those who are in property are behaving the same.

Buy to flip is not dissimilar to pre-1997 stock investor.

New launch take 3 to 4 years to vp, doesn't count as holding power especially those with dibs.

Among those who bought multiple units to flip, how many have other income to sustain all the loan repayment?


Among those who bought multiple units to flip, how many have other income to sustain all the loan repayment?

The weakest link are those gen y flippers who bought multiple dibs units before stringent loan criteria is enforced or took advantages of loop holes. The market doesn't need many of these people to depress the price when their properties taken vp.

Buyers of subsales need to pay loan installment on completion, new launch can "hold" for 3 to 4 years. Hence, flippers preferred new launch.

It take 12 to 24 months from npl to auction, and some auction (e.g. good location) is not announced publicly, hence, few people are aware.


This post has been edited by icemanfx: Jan 25 2014, 11:57 AM

In kv, number of subsale transaction should be higher than new launch as there are more numbers in stock than new supply. Opposite is true for JB.

Believe more accurate way to reflect market sentiment is the average period of time property on market before is sold, and % of transaction against number in stock in respective sector.

Flippers activity doesn't add value to aggregate economy except for developers to take advantage to price new launch higher than higher, depriving more people affordable house for their own stay or over stretched their liability.

After completion, residential properties don't add value or productivity to the aggregate economy, any additional loan repayment reduce corresponding disposable income of the house owner, the country and most people except banks will be worst off. Hence, after residential property boom, economic hardship is almost inevitable.

When crunch time come, flippers can lose all they want or go bankrupt and few if any will offer sympathy. However, their greedy action will caused more house ownerships in trouble and aggregate economy to suffer.


This post has been edited by icemanfx: Jan 25 2014, 03:58 PM