Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
110 Pages « < 21 22 23 24 25 > » Bottom

Outline · [ Standard ] · Linear+

 Is the bubble finally bursting? 2014, V2

views
     
lin00b
post Jan 22 2014, 02:53 AM

nobody
*******
Senior Member
3,592 posts

Joined: Oct 2005
QUOTE(bearbearwong @ Jan 22 2014, 12:00 AM)
So after u buy a three quater of a million prop u still take train ya... coz the KTM is around.. there is anothet reason for the surge in public transport.. maybe u wanna check their citizenship.. and of course price hike.. ppl already trying to avoid the price hike dat y taking public transport.. u on the other hand banking hard on projects nearby MRT and flipp and factor another 200k.. it defeats their original purpose right...

takinh KTM from kajamg to kl srntral is 2.80.. then putra lrt to masjid jamek.. klcc.. anf other prime area.. or take ktm to bandar tasik selatan.. 1.80.. plus star to masjid jamek.. or monorail.. another 1.80?.. so per trip around 4.60.. 2 trips.. 9.20 per day.. per month 22 working day..  roughly rm220 per month.. per year 2600 plus..

u inflated the prop from 575k to 750k.. around 200 k lowest (after deduct RPGT.. legal fees.. stamp duites) rm 100k.. but after factoring around 200k.. relating bekto the issue.. rm2600k per month.. for 30 yearrs 80k public transport fres.. worth it or not? Remember by 30 years servicing loan.. the same 750k studio already cost 1.5 million.. after 30 years.. most forumers here di 50? At least..you sure taking LRT till 30? Youngster and invesyors owayls count ngamngam for everyting. In fact in any event everyone tend to use more than expected..

mrt is a link from KV kajang to sg buloh initially.. whether it hit the target ? Still a question... comparing to singapore is like comparing is like to ask Indonesia to go war with america..  singapore in terms of size is smaller than kv.. effectiveness wise.. mslaysia.. u evaluate yourself...

in a nutshell.. despite the heat.. the advantages and etc.. prop price especially near faclities are targeting the working vlass .. rich dudes wont stay in these area.. even when u rich u move to quiet place..  the issue of affordability still preety much the moving force here.. though some reservation to really mature areas..
*
Not taking public transport is your choice, myself and many others are making a conscious choice to use as much public transport as possible.

220 per month? Let's add some random taxi fee in there.. How about triple? 660 per month, still cheaper than car loan, parking, plus petrol and maintenance. And you don't have to stress on the road, can relax play candy crush, stalk ppl on Facebook, troll /k/, do banking, do other stuff etc. that's 2-3 hours of your life you are not wasted on driving.

We may not be the majority of people, but our numbers are significant. Look at any lrt during business hour, count how many are wearing slack n long sleeve shirts.

Efficiency of public transport is chicken and egg, you need ppl to support even when it suck, when demand improve, frequency will increase, improving efficiency.

Sorry to derail for a rant on public transport
hondaracer
post Jan 22 2014, 07:09 AM

Regular
******
Senior Member
1,616 posts

Joined: Jun 2013
QUOTE(cheahcw2003 @ Jan 21 2014, 09:38 PM)
Those who
1) vested in the wrong place, like those who vested in Bkt Beruntung many years ago,
2) Some property got value no market demand, just paper gain and siok sendiri. Can't rent out, negative cash flow, get stucked.
3) buy commercial retail lots, mall dead no crowds, buy office can't rent out, no office tenants. 

and the lists go on....
*
Hi!

Thanks.

Can you provide property names to (2) and (3)?


lilzany
post Jan 22 2014, 09:11 AM

Regular
******
Senior Member
1,479 posts

Joined: Mar 2005
From: Kuala Lumpur
QUOTE(bearbearwong @ Jan 22 2014, 12:08 AM)
If based on your arguements... setia echo hill and southville.. kota warisan... kip sepang how.. mrt extension?
*
seriously what is ur point? do u understand rural vs high density area?
MishimaZ
post Jan 22 2014, 09:40 AM

Getting Started
**
Junior Member
269 posts

Joined: Feb 2011
QUOTE(lin00b @ Jan 22 2014, 02:53 AM)
Not taking public transport is your choice, myself and many others are making a conscious choice to use as much public transport as possible.

220 per month? Let's add some random taxi fee in there.. How about triple? 660 per month, still cheaper than car loan, parking, plus petrol and maintenance. And you don't have to stress on the road, can relax play candy crush, stalk ppl on Facebook, troll /k/, do banking, do other stuff etc. that's 2-3 hours of your life you are not wasted on driving.

We may not be the majority of people, but our numbers are significant. Look at any lrt during business hour, count how many are wearing slack n long sleeve shirts.

Efficiency of public transport is chicken and egg, you need ppl to support even when it suck, when demand improve, frequency will increase, improving efficiency.

Sorry to derail for a rant on public transport
*
It boils down on the sector you worked on. If you are a banker that just sits down and do nothing except giving easy loans then yes LRT is convenient since many connect. If you are anybody in the construction sector you cannot use the LRT. It is hardly possible to do in Klang Valley although people in Singapore can do that.


MishimaZ
post Jan 22 2014, 09:42 AM

Getting Started
**
Junior Member
269 posts

Joined: Feb 2011
QUOTE(bearbearwong @ Jan 22 2014, 12:15 AM)
Oh... 660k dat means good investment for a 2 roomer.. just day no body want to sell.. those agent loiteting around is who... have u describe how amanya surroundings? The old shops? Near forever living HQ..

just wondering.. how much u can rent out wen you sell to potential buyet at 750k ( this price I believe u sure let go) 3.5k loan.. 2 room..
*
He bought it earlier at RM400k+, loan should be around RM2k above la (can be below). About renting that is another question la. Since I don't think there is good market for renting because of the exorbitant prices and surrounding environment, though the access to KLCC is okay.
Rabel
post Jan 22 2014, 09:43 AM

Look at all my stars!!
*******
Senior Member
2,386 posts

Joined: Jun 2013
Haizzzz, kl center property too expensive can not buy, collect rental oso die. Outskirt landed property, can not buy oso, too far away, traffic jam, collect rental oso die.

like that no need to buy house oredy lor. Forever rent house Lar
Want cheaper one
Want fresh one
Want big one
Somemore must guarantee can produce baby one

Walau, mana cari? cry.gif cry.gif cry.gif

This post has been edited by Rabel: Jan 22 2014, 09:48 AM
gspirit01
post Jan 22 2014, 01:46 PM

Enthusiast
*****
Senior Member
773 posts

Joined: Dec 2013
QUOTE(lin00b @ Jan 22 2014, 02:53 AM)
Not taking public transport is your choice, myself and many others are making a conscious choice to use as much public transport as possible.

220 per month? Let's add some random taxi fee in there.. How about triple? 660 per month, still cheaper than car loan, parking, plus petrol and maintenance. And you don't have to stress on the road, can relax play candy crush, stalk ppl on Facebook, troll /k/, do banking, do other stuff etc. that's 2-3 hours of your life you are not wasted on driving.

We may not be the majority of people, but our numbers are significant. Look at any lrt during business hour, count how many are wearing slack n long sleeve shirts.

Efficiency of public transport is chicken and egg, you need ppl to support even when it suck, when demand improve, frequency will increase, improving efficiency.

Sorry to derail for a rant on public transport
*
R u insane ? No car in kv ? i think u r not married with kids. U can do this in sg or hk or jp, not in my. If u r a girl, pls tell me whether u will go out with a man without a car in kv?

This post has been edited by gspirit01: Jan 22 2014, 01:54 PM
robert82
post Jan 22 2014, 03:02 PM

Regular
******
Senior Member
1,924 posts

Joined: Jan 2011
QUOTE(gspirit01 @ Jan 22 2014, 01:46 PM)
R u insane ? No car in kv ? i think u r not married with kids. U can do this in sg or hk or jp, not in my.  If u r a girl, pls tell me whether u will go out with a man without a car in kv?
*
for singles yes no problem.
for married ppl, i think that's hard, but doable... but suffering lah
SUSjolokia
post Jan 22 2014, 03:31 PM

So Hot It Burns..!!!
*******
Senior Member
3,274 posts

Joined: May 2013


QUOTE(robert82 @ Jan 22 2014, 03:02 PM)
for singles yes no problem.
for married ppl, i think that's hard, but doable... but suffering lah
*
At time also trouble lah ! Cannot go to places no public transport station, if place required take few different public transport also trouble, high chances of late to work as our public transport usually not punctual, raining day soaking wet, public transport is dangerous even for man.
If good job offer offer but cannot accept due to no public transport station near by, how ? reject ? or if job require u to go out during working hours ? tell boss u cannot go as no mrt/lrt/bus go to that area..lol
Then u limit your own progress in life, for such people I wonder how can they afford million ringgit properties.
bearbearwong
post Jan 22 2014, 03:47 PM

Look at all my stars!!
*******
Senior Member
9,533 posts

Joined: Jun 2013


QUOTE(gspirit01 @ Jan 22 2014, 01:46 PM)
R u insane ? No car in kv ? i think u r not married with kids. U can do this in sg or hk or jp, not in my.  If u r a girl, pls tell me whether u will go out with a man without a car in kv?
*
Hsizz.. after buying 750k prop all take train.. I tink taxi is a vommercial vehicle.. dat y it is expensive.. dat ppl take own car..

just because wanna sell ur prop say until like dis.. I believe to take train is because no choice.. if onr can afford why he choose take train..
bearbearwong
post Jan 22 2014, 03:48 PM

Look at all my stars!!
*******
Senior Member
9,533 posts

Joined: Jun 2013


QUOTE(robert82 @ Jan 22 2014, 03:02 PM)
for singles yes no problem.
for married ppl, i think that's hard, but doable... but suffering lah
*
If 750k. Still doable and sellable
bearbearwong
post Jan 22 2014, 03:57 PM

Look at all my stars!!
*******
Senior Member
9,533 posts

Joined: Jun 2013


QUOTE(MishimaZ @ Jan 22 2014, 09:42 AM)
He bought it earlier at RM400k+, loan should be around RM2k above la (can be below). About renting that is another question la. Since I don't think there is good market for renting because of the exorbitant prices and surrounding environment, though the access to KLCC is okay.
*
Oh.. these g r oup of ppl are call investors.. some call them flippers... u know mou...
zephyrus9999
post Jan 22 2014, 04:26 PM

On my way
****
Senior Member
649 posts

Joined: Jun 2005
From: Behind U~
QUOTE(hondaracer @ Jan 22 2014, 07:09 AM)
Hi!

Thanks.

Can you provide property names to (2) and (3)?
*
I can think of commercial shoplots in 1Shamelin. When it was under construction i knew its a phail project. Bad location to build. Not visible for main busy roads. Most shoppers are also locals who stays nearby. If you visit it, the shoplots are so cramped (more units) due to developer wanna make more profit. Layout also look so cinaman and awkward. Now its like a ghost town inside, only except for the fnb outlets facing the road maybe. Previously Safari lagoon & Warta shopping mall were here, both also failed.
KChan
post Jan 22 2014, 04:39 PM

Getting Started
**
Junior Member
119 posts

Joined: Feb 2009


QUOTE(zephyrus9999 @ Jan 22 2014, 04:26 PM)
I can think of commercial shoplots in 1Shamelin. When it was under construction i knew its a phail project. Bad location to build. Not visible for main busy roads. Most shoppers are also locals who stays nearby. If you visit it, the shoplots are so cramped (more units) due to developer wanna make more profit. Layout also look so cinaman and awkward. Now its like a ghost town inside, only except for the fnb outlets facing the road maybe. Previously Safari lagoon & Warta shopping mall were here, both also failed.
*
I can add another one. Commercial shoplot at NZX and Taipan, Ara Damansara. Rental cannot even cover the bank loan. A lot empty units as well.
akh731
post Jan 22 2014, 04:47 PM

Enthusiast
*****
Senior Member
784 posts

Joined: Jun 2013
South City Plaza also also no perform well
MishimaZ
post Jan 22 2014, 04:47 PM

Getting Started
**
Junior Member
269 posts

Joined: Feb 2011
QUOTE(bearbearwong @ Jan 22 2014, 03:57 PM)
Oh.. these g r oup of ppl are call investors.. some call them flippers...  u know mou...
*
Nope. If I buy a house for ownstay pretenses - am I a flipper, be it if it is over inflated? Not fair la....

The term 'flipper' should be used for people that bought during launch just to sell as soon as VP obtained for quick profit.

I understand your concerns la but not people that say BBB is flippers la.... although they really got no idea on properties.
HuiChyr
post Jan 22 2014, 05:47 PM

On my way
****
Senior Member
567 posts

Joined: May 2009


Check this out abt TRUE flippers:
http://www.thesundaily.my/news/936646

SUSjolokia
post Jan 22 2014, 06:30 PM

So Hot It Burns..!!!
*******
Senior Member
3,274 posts

Joined: May 2013


QUOTE(HuiChyr @ Jan 22 2014, 05:47 PM)
Check this out abt TRUE flippers:
http://www.thesundaily.my/news/936646
*
Shocking !

I know their gasap before launching, but the discount they get will be charge into other buyer price is really shocking. . No wonder this morning 988 talking about our GNI is at high level. .sigh
37 Exposures
post Jan 22 2014, 06:45 PM

Regular
******
Senior Member
1,593 posts

Joined: Jul 2012
QUOTE(hondaracer @ Jan 22 2014, 07:09 AM)
Hi!

Thanks.

Can you provide property names to (2) and (3)?
*
(3) southkeat, xx2 mall, time square level 6-9? Even Sungei Wang?
AVFAN
post Jan 22 2014, 06:45 PM

20k VIP Club
*********
All Stars
24,470 posts

Joined: Nov 2010
now, u decide wat wil happen next:

- accelerated inflation, higher n higher home price, lots of people still buy...

or

- so dem poor, no money left to buy even decent food!

QUOTE
Inflation more than double last year’s rate, ringgit weaker
user posted image
http://www.themalaysianinsider.com/malaysi...-ringgit-weaker


110 Pages « < 21 22 23 24 25 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0558sec    0.36    7 queries    GZIP Disabled
Time is now: 16th December 2025 - 07:02 PM