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 Is the bubble finally bursting? 2014, V2

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cybermaster98
post Jan 20 2014, 12:02 AM

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QUOTE(bearbearwong @ Jan 19 2014, 11:57 PM)
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..
Its not about arguments and its not about getting a message across. It was meant to be a REFERENCE POINT. Its not a competition and i dont really care who starts any thread. But after so long we finally had a thread which has specific signs of a property slump which we could reference in the future to see if it was true or otherwise. And now because of this typical poll type thread (which we have had hundreds in the past), we will lose that point of reference. This thread is just another one of those DDD or UUU thread we have seen. Nothing differerent. Polls are also not reflective of the reality of whats happening (as we all know). Sadly we have now lost a good reference.

This post has been edited by cybermaster98: Jan 20 2014, 12:03 AM
Ambang2
post Jan 20 2014, 12:03 AM

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Everyone buying property now must have at least 3 years financial buffer. I don't think property price will drop drastically but believe it will stagnant for sometimes. Be prepare to pay instalment n higher interest. Despite all these challenges, I still believe property price will appreciate further in 2016 onwards.
TScranx
post Jan 20 2014, 12:22 AM

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QUOTE(cybermaster98 @ Jan 20 2014, 12:02 AM)
Its not about arguments and its not about getting a message across. It was meant to be a REFERENCE POINT. Its not a competition and i dont really care who starts any thread. But after so long we finally had a thread which has specific signs of a property slump which we could reference in the future to see if it was true or otherwise. And now because of this typical poll type thread (which we have had hundreds in the past), we will lose that point of reference. This thread is just another one of those DDD or UUU thread we have seen. Nothing differerent. Polls are also not reflective of the reality of whats happening (as we all know). Sadly we have now lost a good reference.
*
I did reference your thread in the first post. This thread was open right after your 4 signs was closed as a continuation to the current property market discussion. Poll is just an extra to gauge market sentiment, reference point will still be there and we will be able to read the original thread for years to come.

As for discussion, you could always steer it towards your direction, do not see a big deal here. Anyway, since mod only allow one bear thread in the forum let me edit the first post and add your original posting .
cybermaster98
post Jan 20 2014, 12:31 AM

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QUOTE(cranx @ Jan 20 2014, 12:22 AM)
I did reference your thread in the first post. This thread was open right after your 4 signs was closed as a continuation to the current property market discussion. Poll is just an extra to gauge market sentiment, reference point will still be there and we will be able to read the original thread for years to come.

As for discussion, you could always steer it towards your direction, do not see a big deal here. Anyway, since mod only allow one bear thread in the forum let me edit the first post and add your original posting .
This thread is NOT a continuation. If it was a continuation, it would have been a Version 2 of the same title. But now its just another one of those threads. The title means alot for future reference. The poll means nothing (as always) and no there will not be any reference because nobody will be looking for this thread as its just another one of those normal threads. You started this thread without giving me (or anybody else) a chance to continue a Version 2.

Again, its not a competition. I merely wanted to create a proper reference thread with the proper information contained not just to have a DDD or UUU discussion. Now that is lost because of how this thread has been positioned. The meaning has been lost and cannot be found with a title like "is the bubble bursting'. Just type 'property bubble' and click search. See the number of similar type threads which appear in the results. WHats gonna make ppl wanna reference this? Thats why i chose that topic of the 4 SIGNS. That was different and could be used as a future reference.

This post has been edited by cybermaster98: Jan 20 2014, 12:40 AM
SUStikaram
post Jan 20 2014, 12:49 AM

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Everyone read post here for the past 2years know all poll go one direction.

One person can vote many times.
TScranx
post Jan 20 2014, 12:51 AM

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QUOTE(cybermaster98 @ Jan 20 2014, 12:31 AM)
This thread is NOT a continuation. If it was a continuation, it would have been a Version 2 of the same title. But now its just another one of those threads. The title means alot for future reference. The poll means nothing (as always) and no there will not be any reference because nobody will be looking for this thread as its just another one of those normal threads. You started this thread without giving me (or anybody else) a chance to continue a Version 2.

Again, its not a competition. I merely wanted to create a proper reference thread with the proper information contained not just to have a DDD or UUU discussion. Now that is lost because of how this thread has been positioned. The meaning has been lost and cannot be found with a title like "is the bubble bursting'.
*
I did not start it as a V2. Cherroy edited it and added V2 there.
This poll might mean nothing to you, but people are voting, and 344 votes later we get some sense of the market sentiment, albeit it is only limited to those who frequent this forum.

Please do not get so worked up on the title. Whatever the title, both UUU and DDD will come flooding in debating and belittling each other, in between these posts we will get some quality gem response. The same goes to your original thread, or even your V2 which was closed earlier.

I will leave you the privilege of starting V3, whatever title you wished to put there. peace.
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.
*
okok back to business as usual.. thank you.. cool down.. wait the storm come
cybermaster98
post Jan 20 2014, 12:59 AM

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QUOTE(cranx @ Jan 20 2014, 12:51 AM)
I did not start it as a V2. Cherroy edited it and added V2 there.
This poll might mean nothing to you, but people are voting, and 344 votes later we get some sense of the market sentiment, albeit it is only limited to those who frequent this forum.

Please do not get so worked up on the title. Whatever the title, both UUU and DDD will come flooding in debating and belittling each other, in between these posts we will get some quality gem response. The same goes to your original thread, or even your V2 which was closed earlier.

I will leave you the privilege of starting V3, whatever title you wished to put there. peace.
What sense of market sentiment are u getting from the poll? Who are those voting as Option 3 and 4 in your poll? U think those are all actual property investors? Do u know how many of those commenting here are agents? U diverted the whole discussion into a poll which means nothing because this poll (just like all previous ones) are NEVER reflective of actual market conditions. Ask any seasoned contributer in the property section of LYN and they will tell you.

This thread was a mistake not because of the type of discussions but because we have lost a good reference point because of your haste to start a topic and get your name on the board. I had no issue with your thread until my Version 2 was closed cuz that meant a loss of reference. U think this thread is gonna be alive in months to come? You obviously have not had much experience in LYN Property section for sure if ure thinking along these lines. There was no reason for you to start this thread so soon after V1 was closed. Now this will become another one of those 'also rans' type threads about the future of the property market.


bearbearwong
post Jan 20 2014, 01:03 AM

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QUOTE(cybermaster98 @ Jan 20 2014, 12:59 AM)
What sense of market sentiment are u getting from the poll? Who are those voting as Option 3 and 4 in your poll? U think those are all actual property investors? Do u know how many of those commenting here are agents? U diverted the whole discussion into a poll which means nothing because this poll (just like all previous ones) are NEVER reflective of actual market conditions. Ask any seasoned contributer in the property section of LYN and they will tell you.

This thread was a mistake not because of the type of discussions but because we have lost a good reference point because of your haste to start a topic and get your name on the board. I had no issue with your thread until my Version 2 was closed cuz that meant a loss of reference. U think this thread is gonna be alive in months to come? You obviously have not had much experience in LYN Property section for sure if ure thinking along these lines. There was no reason for you to start this thread so soon after V1 was closed. Now this will become another one of those 'also rans' type threads about the future of the property market.
*
no wonder lahh many agents ahh... no wonder the result tilted in such a way signifies a BBB wave still on the move.. cehhh... but in actual fact sudah DDD... why lehh.. got invisible hands in LYN ?? hmm
cybermaster98
post Jan 20 2014, 01:04 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.
Exactly my point! Polls here in the property section about future performance of the market is almost virtually rubbish. If he wanted to start a poll on this no problem but he referenced my earlier thread and turned this into another bear market discussion which went against LYN rules and because of that crap timing rule, his thread went thru while my 'real' V2 got blocked. And now we have lost a good reference.

For once i wanted to see if these signs could actually be used to gauge the market's future performance. It was a test and i wanted to see what the LYN forummers thought. That thread could have gone on for ages (even well into 2015/2016) because the title was correct and discussions were fine. But all that has now gone up in smoke because of one hasty forumer who decided to jump the gun merely to get his name on the board. If i had taken like a few days to start V2 then fine but this was barely a day and yet he did it without thinking.
cybermaster98
post Jan 20 2014, 01:07 AM

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QUOTE(bearbearwong @ Jan 20 2014, 01:03 AM)
no wonder lahh many agents ahh... no wonder the result tilted in such a way signifies a BBB wave still on the move.. cehhh... but in actual fact sudah DDD... why lehh.. got invisible hands in LYN ?? hmm
Nothing new la bro. Seasoned forumers in LYN know this thats why they dont bother starting polls for this purpose. Thats why im pissed that a good thread was ruined by an over zealous forumer. He didnt even have the sense to ask me at least before starting. The very least he should have done was use the exact same title with the same info posted so that we have a continuity. Now we only have the discussions which wont last long because of the title of the thread. Seasoned forumers know how important a title is to garner interest and make future reference easier.

TScranx
post Jan 20 2014, 01:43 AM

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QUOTE(cybermaster98 @ Jan 20 2014, 12:59 AM)
What sense of market sentiment are u getting from the poll? Who are those voting as Option 3 and 4 in your poll? U think those are all actual property investors? Do u know how many of those commenting here are agents? U diverted the whole discussion into a poll which means nothing because this poll (just like all previous ones) are NEVER reflective of actual market conditions. Ask any seasoned contributer in the property section of LYN and they will tell you.

This thread was a mistake not because of the type of discussions but because we have lost a good reference point because of your haste to start a topic and get your name on the board. I had no issue with your thread until my Version 2 was closed cuz that meant a loss of reference. U think this thread is gonna be alive in months to come? You obviously have not had much experience in LYN Property section for sure if ure thinking along these lines. There was no reason for you to start this thread so soon after V1 was closed. Now this will become another one of those 'also rans' type threads about the future of the property market.
*
Ok, I sense a lot of frustration and anger in you. Suggest taking a chill pill and relax a little.
This thread will run its course and you can start another critical thread in no time.

bearbearwong
post Jan 20 2014, 01:57 AM

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QUOTE(cranx @ Jan 20 2014, 01:43 AM)
Ok, I sense a lot of frustration and anger in you. Suggest taking a chill pill and relax a little.
This thread will run its course and you can start another critical thread in no time.
*
still got 120 pages to go.. sure tired hands typing...
Showtime747
post Jan 20 2014, 06:29 AM

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cybermaster98,

Just to let you know my feelings. For me I don't care whether your thread or cranx thread. As long as it is a thread which discuss UUU or DDD it is a good thread. These type of thread is not easy to survive in LYN. Whether there is a reference point or a poll it didn't matter. Any thread of UUU and DDD will have good points and rubbish points and we have to accept that

And please be reminded the more we are off topic like now, the more likely the moderator will just lock the thread again. They do not need to justify the reasons to you. They are just doing what they think is right. No offence to you and apologies if I did
SUSjolokia
post Jan 20 2014, 07:42 AM

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http://www.utusan.com.my/utusan/Ekonomi/20...sektor-hartanah

Pricewaterhouse said it... biggrin.gif
Wiredx
post Jan 20 2014, 08:35 AM

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QUOTE(jolokia @ Jan 20 2014, 07:42 AM)
They are just jealous cos they missed the boat [/tongue-in-cheek]
agentdiary
post Jan 20 2014, 08:54 AM

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not just the interests rate.

better read the fine line in your loan contract. pay attention (if there is) to clauses (or similar) like rights to reevaluate borrower credit, i.e bank can ask for your new income update to reassess the loan margin.

another common clause is, the periodic revaluation of property value, i.e If I take full loan (thanks to DIBS) and the re-valuation of property value is lower than the outstanding amount, bank reserves rights to ask for payment of differential sum, most of the time quite short notice.

careful careful. Really, please read the fine line of the contract and ask your lawyer help if you can't understand the term.

preparation is best after thorough examination.




QUOTE(Ambang2 @ Jan 20 2014, 12:03 AM)
Everyone buying property now must have at least 3 years financial buffer. I don't think property price will drop drastically but believe it will stagnant for sometimes. Be prepare to pay instalment n higher interest. Despite all these challenges, I still believe property price will appreciate further in 2016 onwards.
*
bearbearwong
post Jan 20 2014, 09:00 AM

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QUOTE(Wiredx @ Jan 20 2014, 08:35 AM)
They are just jealous cos they missed the boat [/tongue-in-cheek]
*
After a long way back we are still on jealous mode coz we miss d boat... how come... there still plenty of boats wat floating around in developers hand... and coming too..

BBB mode still on loose... must ask government pass more draconian measures.. such as restriction of interest .. I.e cannot sell from 5 years from S&P.. the RPGT calculation start upon expiry of the 5 years resstriction of interest..


SUSjolokia
post Jan 20 2014, 10:07 AM

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QUOTE(Wiredx @ Jan 20 2014, 08:35 AM)
They are just jealous cos they missed the boat [/tongue-in-cheek]
*
It's a news about Pricewaterhousecooper studies on properties investment, who r u refer as "They" kindly elaborate ???

Here's the news write up.

Malaysia berdepan
kemelut sektor hartanah

KUALA LUMPUR 19 Jan. - Akibat
permainan spekulator, Kuala Lumpur
dan bandar sekitarnya hanya berada di
tempat ke-14 dalam senarai lokasi
pelaburan terbaik sektor hartanah bagi
rantau Asia Pasifik untuk tahun ini,
ekoran lebihan penawaran hartanah.

Hasil kajian firma penyelidikan
PricewaterhouseCoopers (PwC)
mendapati keadaan itu telah
menyebabkan prospek pelaburan
hartanah di Lembah Klang kurang
menarik, sekali gus kedudukannya
merosot berbanding tempat kelima pada
tahun lalu.

Antara maklumat daripada kajian oleh
firma itu mendedahkan hanya 18
peratus ruang pejabat di Lembah Klang
dipenuhi ketika ini berbanding 20
peratus pada 2012.

Malah, premis pusat beli-belah juga telah
terlebih bina selain reka bentuknya
yang agak ketinggalan zaman.

Dalam senarai tersebut bandar-bandar
utama yang berada di atas Kuala
Lumpur mengikut turutan ialah Tokyo,
Shanghai, Jakarta, Manila, Sydney,
Guangzhou, Singapura, Beijing, Osaka,
Shenzhen, Bangkok, pinggir bandar di
China dan Melbourne.

Kajian itu turut memetik seorang
penganalisis hartanah serantau yang
menyatakan, lebihan penawaran itu
berlaku akibat jangkaan spekulator
bahawa Kuala Lumpur merupakan lokasi
pelaburan hartanah terbaik beberapa
tahun lalu.

Jangkaan itu sedikit sebanyak telah
mendorong satu persatu pemaju
menjalankan pelbagai projek hartanah
sama ada kediaman, pejabat serta pusat
beli-belah dengan harapan adanya
permintaan yang tinggi.

"Sebelum ini, memang benar
permintaan hartanah cukup tinggi,
namun akibat permainan spekulator
bilangan unit-unit hartanah menjadi
lebihan.

"Malah, di kawasan bukan tumpuan pun
kediaman termasuk jenis mewah telah
terlebih bina. Akhirnya, pemaju-pemaju
menjual produk hartanah masing-
masing kepada pelabur asing bagi
meraih pulangan," kata penganalisis itu.
Laporan lain mendakwa walaupun
berlaku lebihan penawaran, beberapa
projek hartanah terus dijalankan sekali
gus mewujudkan risiko sama ada unit-
unit yang dibina itu mampu disewakan.
Tujuan sebenar kajian oleh PwC itu
adalah untuk memberi idea pelaburan
kepada pelabur-pelabur hartanah
antarabangsa mengenai pulangan yang
mampu diraih oleh mereka, dan
bukannya mengenai krisis lebihan unit
hartanah di Kuala Lumpur.

Namun, kajian itu dapat mendedahkan
kesan buruk permainan spekulator
kepada sektor hartanah tempatan selama
ini.

Kini, boleh dilihat betapa rasionalnya
perundangan yang diperkenalkan oleh
kerajaan seperti harga minimum RM1
juta untuk pembelian hartanah oleh
warga asing serta Cukai Keuntungan
Harta Tanah (RPGT) bagi membendung
aktiviti spekulator.

Mengikut laporan sebelum ini, beberapa
kawasan tumpuan di Medini, Iskandar
Malaysia dikatakan mendapat pengecualian RPGT dan harga minimum
pembeli asing, memandangkan
pembangunan di kawasan itu masih di
peringkat awal.

Namun, kajian oleh PwC ini penting
sebagai rujukan kepada Iskandar
Malaysia, supaya pada akhirnya tidak
hanya dipenuhi dengan 'gajah putih'.

This post has been edited by jolokia: Jan 20 2014, 10:13 AM
HELLO HELLO
post Jan 20 2014, 10:18 AM

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HK property tycoon with 50 years property experience said kl property price tooo low untill no logic.... he said invest KL only... and don't invest johor iskandar...

This post has been edited by HELLO HELLO: Jan 20 2014, 10:19 AM

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