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 Is the bubble finally bursting? 2014, V2

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Wiredx
post Jan 14 2014, 05:47 PM

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QUOTE(whyseej00 @ Jan 14 2014, 05:43 PM)
Checked with my Thai and Vietnam friends. Our property is still cheaper
*
Discussion over then
Wiredx
post Jan 16 2014, 08:20 AM

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It really should be referred to as a credit bubble instead of a property bubble right?
Wiredx
post Jan 16 2014, 01:09 PM

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Phase 1 - 400k, phase 2 - 600k. Did their contractors suddenly charged higher and they could not resist? Did the price of materials suddenly jumped so much? Did they have to acquire new land at higher prices? Was the first phase heavily and generously discounted?
Looks like costs increase with every new phase. Developers should lie to their suppliers and tell them its not for a new phase but for a fresh new project lol ok i jest.
Wiredx
post Jan 16 2014, 01:23 PM

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QUOTE(cheahcw2003 @ Jan 16 2014, 01:16 PM)
Back to basic, if u study economics, here is the theory:
1) individuals trying to maximizing their utilities/satisfactions. Individuals are statisfied if they can pay less for more. 
2) firms tend to maximizing their profit. Most developers are profit driven even they are GLCs.
End of the day, willing buyers willing sellers.
The anti speculation policies from Bnm do cut down the speculation demand to a great extend though.
*
I said 'I jest'.
Of course its point 2. There is almost no shortage of willing buyers in the primary market if various incentives are given. These incentives are missing from the secondary market and with obvious effect.
Wiredx
post Jan 16 2014, 01:43 PM

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QUOTE(cooleq @ Jan 16 2014, 01:36 PM)
Please talk something that you know better with a fact and figure. Phase 1 and 2 different price because different size and built up bro.
*
Ok i just used that as a sweeping example. But honestly do you think they are that much more expensive to build? Unless ph1 is a dsl while ph2 is a semi d? Sure, which developer doesnt love profits. I do too bro.
Wiredx
post Jan 17 2014, 12:28 PM

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Ya good point to note, those who can afford asking subsale prices are also flipping today biggrin.gif
Wiredx
post Jan 17 2014, 02:27 PM

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If buying for own stay, no need to get emo lor. Those secretly buying for flipping will tend to react quickly hehe
Wiredx
post Jan 17 2014, 04:55 PM

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Making fun of peoples living condition isnt very charming either. Born in a royal family isit? biggrin.gif
Wiredx
post Jan 18 2014, 02:29 PM

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Yeah its a must to have a personal backup retirement funds to epf. The govt is not being led by intelligent people anymore.
Wiredx
post Jan 18 2014, 03:26 PM

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Amidst all this we still have people lining upto give cheques to developers :-D
Wiredx
post Jan 19 2014, 01:55 PM

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QUOTE(siakap5 @ Jan 19 2014, 12:50 PM)
Don't use the word fool. Mind your own stupidness before you call people fool.
*
He's not calling anyone a fool. Its a theory that uses that word.
Wiredx
post Jan 19 2014, 02:41 PM

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Some people will be very unhappy. But those who buy for own stay shouldnt feel agitated right?
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]
Wiredx
post Jan 20 2014, 11:55 AM

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QUOTE(jolokia @ Jan 20 2014, 10:07 AM)
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'.
*
I was being sarcastic la

Wiredx
post Jan 26 2014, 02:50 PM

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Actually its all about the outcome.
Wiredx
post Jan 28 2014, 09:11 PM

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QUOTE(AmayaBumibuyer @ Jan 28 2014, 08:49 PM)
Just wanna add when i share my real experience of what i get in return from Amaya, DDD people claim that I am lying..come on!! They are just too negative but then claim they are being realistic...when i am telling real live events that is happening in my life and they are the ones who are being truthful but i am lying...

Then moderator delete that part of the comment where i finish him!!! Hey no one uses that phrase anymore? Finish him??

Yup 3 years ago DDD people say not to buy Amaya coz there is a bubble, i didnt listen, i bought anyway..now i regret not to convince more of the DDDs not to buy with me, and thats the truth. Btw the DDD i am saying is not in low yat forum but my real life friends.
*
You make it sound like your friends failed in life for not buying amaya

Wiredx
post Feb 1 2014, 11:19 AM

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To me the price is as good as the last few/ongoing transactions.
Wiredx
post Feb 3 2014, 12:25 AM

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QUOTE(bearbearwong @ Feb 3 2014, 12:03 AM)
this one i agree... property should not go up too fast now is too fast
*
Its already slowed down. Those buying for short term investment now are gonna experience a rude wake up call. In one utama today i heard on two occassions people talking in BBB terms. In the elevator a young girl (looked college age) was telling her bf how hot the property market was and they should invest before its too late (you know the kind of college kids that say "dy" instead of "already"). Another uncle was in a restaurant telling his daughter how good it is now to invest in property. They all talked so loud and with conviction as if they wanted to share their knowledge with the crowd. When it becomes like this you know the market is peaking.
Wiredx
post Feb 8 2014, 06:41 AM

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This thread is fun
Wiredx
post Feb 8 2014, 12:40 PM

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That means 40% below is still ok tongue.gif

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