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.

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.

Not really. As the matter of face most newer phases were launched smaller in size wor.

Before 1997 crisis, everyone in the stock market believed they were genius, could make $$$ from nothing. Likewise, those who are in property are behaving the same.

absolutely.

it's a lot better to go back to the days of serious porp investing over a long period rather than flipgoreng guaranteed to profit.

but seems that message is not going thru....?

"savy"... agree. only thing is everyone in every thread seems to think he or she is very savy!

Buy to flip is not dissimilar to pre-1997 stock investor.

New launch take 3 to 4 years to vp, doesn't count as holding power especially those with dibs.

Among those who bought multiple units to flip, how many have other income to sustain all the loan repayment?
Among those who bought multiple units to flip, how many have other income to sustain all the loan repayment?

still increasing meh property price? new launches still many? talk is free leh..

Agree pocket bursting is very likely to happen before the total burst which is unlikely low.. then again.. market is baded on srntimens.. if part of KV really bubble.. I think even mature areas will be affected.. rental wise still boleh jalan

U see I know where you coming from... the high end flippers right.. yes can sustain and have cash.. but then again rich flippers has multiple units..their intention is to flip also ( just dat appetite is bigger) ..even they can hold.. it will defeat their original intention of investment ... unless a long term investment.. the longer you hold the more you bleed in intetest.. is a losing game to hold long... and the rich dudes dont have so many ass to stay in all these house..

I would dare to say the source of strong income is ether high salary worker like O& G or even top management.. and these pppl are ageing and long term investment.. reali a risk as u dun enjoy the fruits before dying.. those group 25 to 40 these are the main category flippers thesr group heavily depend on flipping upon Vp and their foindation I.e savings are normally very disturbing level.. even they can secure the loan.. they will remain poor..

for businesses of high end flipping.. business dun last forever.. I just house cleaned and sell off a datuks paparich in brickfields.. so though is not vonclusive.. even rich ppl are not fool to dip their fingers in trouble water so long ( I.e holding it) as even business are not stable.. anf cant last long..

humans rich poor still want the money in physical form.. flipping can secure them these before.. now this climate..I think no

Flippers activity doesn't add value to aggregate economy except for developers to take advantage to price new launch higher than higher, depriving more people affordable house for their own stay or over stretched their liability.

After completion, residential properties don't add value or productivity to the aggregate economy, any additional loan repayment reduce corresponding disposable income of the house owner, the country and most people except banks will be worst off. Hence, after residential property boom, economic hardship is almost inevitable.

When crunch time come, flippers can lose all they want or go bankrupt and few if any will offer sympathy. However, their greedy action will caused more house ownerships in trouble and aggregate economy to suffer.

How many banks recheck ccris after loan approval or before disbursement? Know people have done it.

Over stretched and borderline flippers are subprime quality, they are system risks and will have impact on overall market.

Which study and research is better than from the horse's mouth?
The root of subprime crisis was indiscriminate credit extended to otherwise disqualified borrowers. Credit risks of over stretched flippers is indifference.

Well said well said. When they are too obsessed on seing a bubble that is when they become annoying.

I mean i already ackonowledge bubble burst already..in bukit beruntong but they want all of Malaysia. Never can admit that prime areas are really doing very well....and really likes to pick on Amaya ( the condo and me).