Good no more of these subprime and compare with sgpore thingy. Still awaiting confirmation if there is freehold in sgpre whre n how much.

But u say NOBODY when actually most people is doing that. I mean if not, the proof comes from all these BBB mode from launches. People who say that it is not, is the one with vested interest eg the DDDs who dreams about owning properties but cannot. Wish that one day property market will crash, but i doubt they hav the balls to buy when there really is a so call crash. Actually DDDs buy bukit beruntong laa. There price cash already.

This post has been edited by AmayaBumibuyer: Feb 2 2014, 10:13 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.

This post has been edited by AmayaBumibuyer: Feb 2 2014, 11:13 PM

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.

Depends on location and i can only comment on things that i am familiar and what i experienced. Eg i believe amaya can go up summore.

2009-2010 my maluri area, whatever house that is up for sale will be snapped up. Unless somebody die there and people afraid to buy eg the fengshui factor or superstitious factor or cultural factor. Whatever u want to call it.

Not interested. I am saving mine for my dream landed house.

2015 maybe 700k

No crash laa. Those lelong house are because of bankrupt businessmen during 1998. A few happened in my area. People who went all in into stocks but then KLCI dropped from 1000++ to 200++!!. But my house still intact and i dont think it dropped.

This post has been edited by AmayaBumibuyer: Feb 3 2014, 01:42 AM

Because so many people were affected by the crisis, invested heavily on stocks. Need to settle their debt fast and need to sell the house fast. There were no massive layoffs from any big company. Ok then let me ask you this, was the so call crash because of the bubble? No. There was no firesale of properties. Everybody that i know still has their family house back then. Unlike in the US, u will know somebody who sold their house because of the subprime crisis.

Defintely not a property crash for me. And the crisis in 1998 was not subprime like the US, bear in mind that.

When u bought cheaper, if we can believe it, how much cheaper was it? Where? Need to know that too when u say so many u bought. Talking on area that i am familiar, lelong house were from bankrupt businessmen. If u buy so many, how many? 5, 6, 10?

PS i was a clever baby.

I didnt say u r which camp and Nobody cares what camp u are. Just saying only to that Everybody is doing it and not Nobody. If u say that people who buy properties to hedge against inflation has vested interest, so do people who dont buy has vested interest too.

Whats the price of d apartment now?

What! 270k now!. Whats d squate ft? Just wanna know. Tanx for d info.

So if i got my apratment at around 400k n rent out at 2k++ is not that bad then.

Too late i think. Now 600k for the 920 sq ft And 500k for the 719 sq ft. And that is considered as the best price u can get if u are the buyer. Mine was offered by an interested buyer at 660k even though i did not advertise it for sale but just for rent. It seems that the buyer was interested wit my unit view. Anyway there are still subsale buyers and from my observation, these people who bought subsale are really well off thus have high holding power. All are anticipating with d coming of sunway velocity and the MRT. Btw sunway velocity is 1m++ for the 920 sq ft and 1st phase all sold out and i heard the second phase is almost finished. I believe the sgprean who was interested with Amaya might have go for sunway velocity instead becausw of foreigner hav to buy property more than 1m.

This post has been edited by AmayaBumibuyer: Feb 3 2014, 05:11 PM

Right now 2.7k fully furnish with rm230 maintenance fee if u can find d tenant.

And not exactly zero entry. Still need to pay the 5% deposit. For 400k dats 20k even wit dibs.

Those are not fully furnish. 2.7k is the highes been rented out unless there were more and i didnt know. Anyway try and sort ur search based on highest asking rental to lowest rental. U know dat iproperty website can do that.

Seriously depends, from my observation, will be hard for you to rent out if it is not furnished. And look at the sq ft too. If u look at it, 719 sq ft was part of the rental that u are averaging out as well. And some 719 sq ft are advertising 1.8l partial furnish. So 1760 average for 920 sq ft doesnt seem fair.

This post has been edited by AmayaBumibuyer: Feb 3 2014, 06:53 PM

Well iporperty advetsied some of the 719 sq ft partial furnish at 1.8k. And some of the rented out units is still there and not taken out.

Anyway fair enuff but as someone on the ground and went to amaya almost everyday, 1.8k is partial furnish for the 719 sq ft and 1.8k average for the 920 sq ft partial furnish is a misleading analysis. But i dont deny that some were rented out that very low rate but not the vast majority. Those are the people with no holding power and rented out very early. Eg i only rented out mine on february when the furnishing and reno was finished done at end of last year. Some renovated early and got rented out around october last year.

And some owners just left it idle and do nothing. They say they start worrying about it after chinese new year. U can imagine the holding power.

I met them personally, believe me they do.