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Is the bubble finally bursting? 2014, V2
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bearbearwong
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Jan 28 2014, 09:52 PM
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QUOTE(Rabel @ Jan 28 2014, 07:20 PM) Good question n hope got good answer Every potential buyer try/ avoid parking in money in the name of HOLY GOD for a house once get married.. dontjust buy blindly.. but keep d optiin open.. look for prop below 500k.. For existing owners.. intending to flip with low holding power to flip less dun follow d horde.. the horde is invulnurable (cash rich) flip bitbit suan liao.. those high end.. I m nobody to advise you.. may HOLY GOD be with you when burst since u holding many.. For owners intend to stay.. no worry on price but to upgrade to semi D from DSL.. Maybe bit difficult but doable.. important hope iccupancy high... for snipers.. aim properly.. the plunge is about to crystalise longest before Q3.. hope snipers are not another version of flippers
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value_investor
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Jan 28 2014, 09:56 PM
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QUOTE(lilzany @ Jan 28 2014, 09:15 PM) so pray tell what type of assets are you having now...  Go look around what is the lowest now is probably what I'm holding now. The intelligent investor know to buy low and sell high. Those who believe property never drops below launch price are fools. I bought so many properties in 2006 below the owners' original prices from developer from 1997!
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value_investor
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Jan 28 2014, 10:01 PM
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QUOTE(value_investor @ Jan 28 2014, 09:56 PM) Go look around what is the lowest now is probably what I'm holding now. The intelligent investor know to buy low and sell high. Those who believe property never drops below launch price are fools. I bought so many properties in 2006 below the owners' original prices from developer from 1997! Not only below. They were 30% below. That's 10 years after initial launch!
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SUSAmayaBumibuyer
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Jan 28 2014, 10:06 PM
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QUOTE(Wiredx @ Jan 28 2014, 09:11 PM) You make it sound like your friends failed in life for not buying amaya U know what, i rub it in their face everyday. Not failed in life, failed in taking opportunity that is in front of u. Too afraid of taking risk with all these bubble news.
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Rabel
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Jan 28 2014, 10:07 PM
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QUOTE(bearbearwong @ Jan 28 2014, 09:52 PM) Every potential buyer try/ avoid parking in money in the name of HOLY GOD for a house once get married.. dontjust buy blindly.. but keep d optiin open.. look for prop below 500k.. For existing owners.. intending to flip with low holding power to flip less dun follow d horde.. the horde is invulnurable (cash rich) flip bitbit suan liao.. those high end.. I m nobody to advise you.. may HOLY GOD be with you when burst since u holding many.. For owners intend to stay.. no worry on price but to upgrade to semi D from DSL.. Maybe bit difficult but doable.. important hope iccupancy high... for snipers.. aim properly.. the plunge is about to crystalise longest before Q3.. hope snipers are not another version of flippers Look like u oso think property is good investment. Only thing is below 500k property. Which project u refer to ? And Y u think tis project got potential ?
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SUSAmayaBumibuyer
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Jan 28 2014, 10:09 PM
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QUOTE(Showtime747 @ Jan 28 2014, 09:09 PM) Bro, its different already now compare to 3 years ago. Not a time to be hero  I know but i think kajang landed 400k is a good buy. Subsale la dont aim for those recently launch condos. I mean dont say there are no properties that u cant afford when there is. I am not saying its u who said that, i mean other people in the forum
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Rabel
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Jan 28 2014, 10:14 PM
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QUOTE(value_investor @ Jan 28 2014, 09:56 PM) Go look around what is the lowest now is probably what I'm holding now. The intelligent investor know to buy low and sell high. Those who believe property never drops below launch price are fools. I bought so many properties in 2006 below the owners' original prices from developer from 1997! Got ppl think property never drop even though below launch price ?. OMG. Tis is possible. Need to study n familiar first before go in. Not only property. Others oso same. ** I think the property u bought in 2006. Maybe is rawang. ** I guess only.
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CK15
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Jan 28 2014, 10:14 PM
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QUOTE(value_investor @ Jan 28 2014, 10:01 PM) Not only below. They were 30% below. That's 10 years after initial launch! Wah.. managed to get any property for 1/3 of the original selling price?
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Showtime747
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Jan 28 2014, 10:17 PM
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QUOTE(AmayaBumibuyer @ Jan 28 2014, 10:09 PM) I know but i think kajang landed 400k is a good buy. Subsale la dont aim for those recently launch condos. I mean dont say there are no properties that u cant afford when there is. I am not saying its u who said that, i mean other people in the forum You are not wrong. But no harm to wait a little longer right ? Chances of prices going down is more than going up now. And as always, there will be a better location and the next buy will be a better buy
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khaiyin
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Jan 28 2014, 10:35 PM
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Getting Started

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QUOTE(Showtime747 @ Jan 28 2014, 10:17 PM) You are not wrong. But no harm to wait a little longer right ? Chances of prices going down is more than going up now. And as always, there will be a better location and the next buy will be a better buy  The property market is dragging on its feet now with the prevalence of "wait and see" sentiment among buyers. Will the market pick up soon enough? Probably not until the second half of the year.
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Rabel
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Jan 28 2014, 10:38 PM
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QUOTE(value_investor @ Jan 28 2014, 10:01 PM) Not only below. They were 30% below. That's 10 years after initial launch! U bought 30% below launch price in 2006 after 10 yr launched(1997) Have u make money from tis property?. If yes, maybe u should say thank q to them instead of fool. If not becoz of them. How can u make money, right?
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Showtime747
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Jan 28 2014, 10:42 PM
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QUOTE(khaiyin @ Jan 28 2014, 10:35 PM) The property market is dragging on its feet now with the prevalence of "wait and see" sentiment among buyers. Will the market pick up soon enough? Probably not until the second half of the year.  You are considered optimistic that price will pick up in the second half of the year  There are too many factors which will cause the price to go down. Banks continue to tighten their grip to give loans, interest rate is expected to go up and RM depreciation will further affect our economy, are some of the factors.
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HuiChyr
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Jan 28 2014, 10:43 PM
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QUOTE(KChan @ Jan 28 2014, 05:36 PM) Hi Rabel, I'm interested to know your investment strategy as well. I like to know what is the main point to look for in property investment. I understand in general that property is very good investment for long term. But with current new launches getting higher and higher on their pricing, do you still think that it is still a good investment? If yes, may I know why you think so. I'm still trying to figure out on what basis that this price will continue to sustain its upward climb. I would love to hear some insight and opinion, and learn as well. Because based on my analysis many many post back, I'm quite sceptical in the up trend. I feel it is better that this thread shall have more debate and point of view with well articulate logics. Shall not be flaming by just giving each other thoughts without some explanation. Thank. I think we should start a thread ... investment strategy for property. Or not? Later fella make fun of the other fella's strategy.... koyak!  Hahahaha.....
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bearbearwong
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Jan 28 2014, 10:48 PM
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QUOTE(Rabel @ Jan 28 2014, 10:07 PM) Look like u oso think property is good investment. Only thing is below 500k property. Which project u refer to ? And Y u think tis project got potential ? For home stay my friend....
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value_investor
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Jan 28 2014, 10:51 PM
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QUOTE(Rabel @ Jan 28 2014, 10:38 PM) U bought 30% below launch price in 2006 after 10 yr launched(1997) Have u make money from tis property?. If yes, maybe u should say thank q to them instead of fool. If not becoz of them. How can u make money, right? Yes, should thank the fools. But they are still fools sorry to say, it is capitalism! They are not Rawang, many in Penang, especially those projects by Goh Chun Lai!
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Rabel
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Jan 28 2014, 10:52 PM
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QUOTE(bearbearwong @ Jan 28 2014, 10:48 PM) For home stay my friend.... Haha u really
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HELLO HELLO
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Jan 28 2014, 10:56 PM
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QUOTE(value_investor @ Jan 28 2014, 10:51 PM) Yes, should thank the fools. But they are still fools sorry to say, it is capitalism! They are not Rawang, many in Penang, especially those projects by Goh Chun Lai! Aiya... Yeah.. property price very can drop lower than launch price... Nothing impossible...
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value_investor
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Jan 28 2014, 10:56 PM
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QUOTE(value_investor @ Jan 28 2014, 10:51 PM) Yes, should thank the fools. But they are still fools sorry to say, it is capitalism! They are not Rawang, many in Penang, especially those projects by Goh Chun Lai! But the fools also should thank me, because after i sold to them the prices still increasing up to now! Maybe the fools can find greater fools! This post has been edited by value_investor: Jan 28 2014, 10:58 PM
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HuiChyr
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Jan 28 2014, 10:57 PM
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QUOTE(value_investor @ Jan 28 2014, 07:02 PM) I'm one of the type of investors you described. I have cashed out of property already. Most of my millions are in better income producing assets now. These people who says "property always goes up" are typical middle class who will never be rich becoz they possess low financial intelligence. They will forever be slave to money rather than master of it! Good for you man ... good for you.
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HELLO HELLO
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Jan 28 2014, 11:00 PM
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QUOTE(value_investor @ Jan 28 2014, 10:56 PM) But the fools also should thank me, because after i sold to them the prices still increasing up to now! Maybe the fools can find greater fools! U save them free from bankruptcy from the start. Now they can come back again... This post has been edited by HELLO HELLO: Jan 28 2014, 11:01 PM
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