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 Is the bubble finally bursting? 2014, V2

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celinek
post Jan 25 2014, 01:17 AM

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http://loryau.blogspot.com/2014/01/my-pers...ook-part-2.html

any comments on this?
celinek
post Jan 25 2014, 04:08 AM

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http://my.news.yahoo.com/bank-sees-economi...-161219993.html

---- She said despite three rounds of macro-prudential measures rolled out by Bank Negara Malaysia to cool off the property market, the number of housing loan applications and loan approvals remain elevated.
celinek
post Jan 28 2014, 02:42 AM

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QUOTE(KChan @ Jan 28 2014, 12:41 AM)
Interesting quotes to share ...
I think the one in red is particularly interesting.
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Do you mean investing in properties now is too late? hmm.gif
celinek
post Jan 28 2014, 07:11 AM

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Some examples about US property price drop, which reflecting the overall market trends in their metropolitan areas

http://www.nytimes.com/2014/01/26/business...ire-market.html
celinek
post Feb 3 2014, 08:14 PM

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QUOTE(Showtime747 @ Feb 3 2014, 06:48 PM)
Let's take unfurnished/partly furnish apartment (since we don't need to take in the cost of furnishing into calculation) of RM1760 pm (average rental of first page of iproperty ad. Since other landlord willing to rent at average lower price, you can't rent out higher).

The yearly rental is RM1760 x 12 = RM18360. At an expected return of 5%, the value of the condo is just RM367200 (based on rental yield). This is even before taking taxation into account

If it is selling at RM600k, the expected return is only 3.06%. Lower then FD.

As an investor, I will wait for the price to come down only then consider investing. But that is only me. Other investors have other idea
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how you get 3.06%?
celinek
post Feb 4 2014, 08:35 AM

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QUOTE(bearbearwong @ Feb 3 2014, 11:08 PM)
ya lar.. i am also targeting 10-20 % correction... say like 500k.. 20% correction is 100k.. so left 400k.. then further discount lehh 380k conclude deal.. 25% like that lor.. good deal.. i m for own stay.. investment later actually currently taking rentals also consider investment gua i guess.. heh heh

no need subprime.. malaysian workers are underpay anyway.. remember we are malaysian league..

fresh lawyers are paid 5 k sing dollar
fresh lawywer malaysia average 3.2 k malaysia ringgit

large disparity.. haizzz..
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Are you lawyer? hmm.gif

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