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 Is the bubble finally bursting? 2014, V2

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MishimaZ
post Jan 22 2014, 08:04 PM

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QUOTE(jolokia @ Jan 22 2014, 06:30 PM)
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
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Shocking but not to me anymore. Some contractors are willing to be buyers and pay booking fees for lets say the whole floor of a certain condo so that developers have enough demand to proof to the banks that there are enough buyers to get loan. After a while, contractor lari because too much delay and bearing with loses and now as a consultant we have to prepare for legal implications. Projek kat Mont Kiara pulak tuh. rclxub.gif

Those property clubs the face very familiar one... That thin faggot always give speech tell your all BBB one ma... Many times see that face jor, but don't know who the eff is him.
SUSAmayaBumibuyer
post Jan 22 2014, 08:19 PM

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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..
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Bro dont be jealous laa. There in that same forum somebody just announce that he also bought subsale. Two sales in space of 3 days. Maybe the process was longer than them announcing, doesnt matter. But proves that people are still buying and they do it fast. If anyone wants to buy anything at 660k, u think that buyer dont do research? No need to describe amaya surroundings everybody knows except for the DDD who keeps on harping that price is gonna crash.

3.5k two rooms? Why not. Achiveable in another 5 years with all this inflation going on. Maybe less than that.
mewhoyou
post Jan 22 2014, 08:22 PM

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Saw Monte Bayu drop 5% in transaction price.... wonder more to come?? biggrin.gif


gspirit01
post Jan 22 2014, 08:32 PM

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

Some developer staff get this kind of discount as well.
SUSAmayaBumibuyer
post Jan 22 2014, 08:43 PM

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QUOTE(icemanfx @ Jan 22 2014, 02:24 AM)
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.
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Well if u see my previous post to the bear, quite fast that units are sold.
Anyway ur theory can't be used for Amaya, coz its all sold out. I dunno about the penthouse though. Even all the shops are sold out, but the owner is very rich, he wants high rent and dont bother to let the shops empty unless somebody agree with his rental.
SUSAmayaBumibuyer
post Jan 22 2014, 08:54 PM

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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.
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Dont think it is good market for renting? Really? Dont be so negative. U will never buy anything like this mindset. I mean what u think, is not true.
sampool
post Jan 22 2014, 09:29 PM

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QUOTE(Rabel @ Jan 22 2014, 10:43 AM)
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
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this is the beauty of investment in prop... where there are risks, there are opportunities!!!!!
bearbearwong
post Jan 22 2014, 09:57 PM

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QUOTE(mewhoyou @ Jan 22 2014, 08:22 PM)
Saw Monte Bayu drop 5% in transaction price.... wonder more to come?? biggrin.gif
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aiya 5 % sap sap sui lahh.. add another 0 then maybe they feel something 50%..

3.5 k 2 rooms dude.. possible in 5 years but the said location confirm not amanya residence lor.. dai lou.. u got sick mou 1.7 k per room rental... ask forumer here got takers bo..

1.7 k room per month more expensive than honda city new version leh and only 9 years max.. ur amanya 35 years oh..
bearbearwong
post Jan 22 2014, 10:00 PM

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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.
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viva mall leh... one shamelinzz... southgatezzz.. ss2 malzzz.. times square even lowyat many close open.. now newly cheras centralzz... i forsee that giant before RM1.00 toll sure suffering big time... AEON mahkota as well when mahkota mall opens..
bearbearwong
post Jan 22 2014, 10:01 PM

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QUOTE(Rabel @ Jan 22 2014, 09:43 AM)
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
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they very simple equation is zero flippers then it would be perfect..
Rabel
post Jan 22 2014, 10:09 PM

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QUOTE(bearbearwong @ Jan 22 2014, 10:01 PM)
they very simple equation is zero flippers then it would be perfect..
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Then wait long long till u ambil tongkat oso can not buy the house.
bearbearwong
post Jan 22 2014, 10:14 PM

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QUOTE(AmayaBumibuyer @ Jan 22 2014, 08:43 PM)
Well if u see my previous post to the bear, quite fast that units are sold.
Anyway ur theory can't be used for Amaya, coz its all sold out. I dunno about the penthouse though. Even all the shops are sold out, but the owner is very rich, he wants high rent and dont bother to let the shops empty unless somebody agree with his rental.
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Problem is no one bother to even consider ur rented prop.. btw u mention u also rich and dun bothet bout rent.. u categorise your self as rich and subsequently nothing to do and post here
bearbearwong
post Jan 22 2014, 10:17 PM

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QUOTE(Rabel @ Jan 22 2014, 10:09 PM)
Then wait long long till u ambil tongkat oso can not buy the house.
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The flippers will eventually die off in 5 years of holding... those rich.. has too many prop.. even can face d storm.. their credit will be lock down..

we really need to wait till tongkat days.. increase the interest rate around 5 % to 10% percent will be enough
bearbearwong
post Jan 22 2014, 10:21 PM

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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.
The
Sorry to derail for a rant on public transport
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Ok good online banking.. candy crush.. wah youngster ahh... THIS CAN ONLY HAPPEN.. IF YOU HAVE A PLACE TO SIT DURING PEAK HOURS OF COMMUTERS.. if the commuters no ppl mean not peak.. drive better right..
Rabel
post Jan 22 2014, 10:24 PM

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[quote=bearbearwong,Jan 22 2014, 10:17 PM]
The flippers will eventually die off in 5 years of holding... those rich.. has too many prop.. even can face d storm.. their credit will be lock down..

we really need to wait till tongkat days.. increase the interest rate around 5 % to 10% percent will be enough
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U said ppl got too many properties, credit will be lock down.
Ppl said u got zero property, credit oso lock down.

doh.gif doh.gif doh.gif
bearbearwong
post Jan 22 2014, 10:28 PM

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[quote=Rabel,Jan 22 2014, 10:24 PM]
[quote=bearbearwong,Jan 22 2014, 10:17 PM]
The flippers will eventually die off in 5 years of holding... those rich.. has too many prop.. even can face d storm.. their credit will be lock down..

we really need to wait till tongkat days.. increase the interest rate around 5 % to 10% percent will be enough
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U said ppl got too many properties, credit will be lock down.
Ppl said u got zero property, credit oso lock down.

doh.gif doh.gif doh.gif
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[/quote]

Not locked down.. just waiting for the perfect storm but inflated ones.. really not worth.. but then again
SUSAmayaBumibuyer
post Jan 22 2014, 10:44 PM

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QUOTE(bearbearwong @ Jan 22 2014, 10:14 PM)
Problem is no one bother to even consider ur rented prop.. btw u mention u also rich and dun bothet bout rent.. u categorise your self as rich and subsequently nothing to do and post here
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Where in the world did i say i was rich? See u dont read properly. It is only the owner of the shops who is rich, the shops in amaya. Read and understand properly bro.

This post has been edited by AmayaBumibuyer: Jan 22 2014, 10:55 PM
twincharger07
post Jan 22 2014, 11:00 PM

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QUOTE(bearbearwong @ Jan 22 2014, 10:28 PM)
Not locked down.. just waiting for the perfect storm but inflated ones.. really not worth.. but then again
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wait until tongkat day and then the storm came.. after 50 years of inflation, wonder u still cen get it lower than today's price.. hmm.gif
cheahcw2003
post Jan 22 2014, 11:00 PM

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

Thanks.

Can you provide property names to (2) and (3)?
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Ask any property agents that u know, they will tell u.
icemanfx
post Jan 22 2014, 11:36 PM

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QUOTE(twincharger07 @ Jan 22 2014, 11:00 PM)
wait until tongkat day and then the storm came.. after 50 years of inflation, wonder u still cen get it lower than today's price..  hmm.gif
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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.


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