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 Is the bubble finally bursting? 2014, V2

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lamode
post Jan 14 2014, 10:58 PM

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wherever in KV got bubble busted or price dropped for 20% or more, let me know, I will probably go and grab it.
lamode
post Jan 15 2014, 11:29 PM

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QUOTE(Maneki-neko @ Jan 15 2014, 09:57 PM)
When developers hardly develop the piece of land in kl town and pj while on the other hand population is growing to another 20% more after 4 years, existing property prices will likely grow up dramatically again  laugh.gif
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PR1MA doh.gif doh.gif doh.gif doh.gif
lamode
post Jan 17 2014, 11:41 AM

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QUOTE(kevyeoh @ Jan 17 2014, 11:31 AM)
don't underestimate those who really have holding power....i think it is easily more than you think there is...
so it may not necessarily be fire sales happening...

if you check the market postings on properties for sale, the price more or less still up there....
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a number of them already re-financed their current property(ties) and the cash is sitting at bank, not only they can hold for years, but can whack if got fire sales.
lamode
post Jan 17 2014, 01:36 PM

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QUOTE(bearbearwong @ Jan 17 2014, 01:23 PM)
hmm dat owner can by private treaty sell his prop anytime before auction... in auction surely got funny guys bidding against you for no purpose gehh.. then will say.. u open 20k cash cheque to me.. I let u win the bad.. I say u please take the bid... once they won.. say like auction price 350k.. bid till 400k deal seal and sell.. he only park in 35k oni maa... the balance payable he dun pay lor... so forfeit the deposit 35k.. and auction again.. buy some time damm unscruplus.. government come in.. if bidder dun pay balance.. bancrupt the bidder for the balance.. and auction in the name of the bidder...

damm..
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exactly, lelong start at 350k doesn't means it won't transacted at 500k.
lamode
post Jan 18 2014, 09:38 PM

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QUOTE(twincharger07 @ Jan 18 2014, 05:20 PM)
imho.. looking pass trending, its not a systemic trending.. sg rate has been for very long time, but msia blr n opr is raising to almost pre-subprime era.. although US has influence on global economy, but each country is still putting measure base on respective policy.. china interest rate has been pretty high all this while..

foreign banks (as in apply loan from their countries) are not controlled by BN.. 70% LTV is not applied.. Nett pricing not applied.. 70% DSR not applied.. Nett pricing not applied.. raising opr n blr not controlled by BN..
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help me to understand better.

so you are DDD or BBB group?
lamode
post Jan 25 2014, 05:53 PM

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twincharger07

saw ur avatar and i got a question in mind.

If or when the bubble happens, would you change it to a bubble tea? laugh.gif laugh.gif laugh.gif
lamode
post Jan 30 2014, 11:07 AM

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QUOTE(Boldnut @ Jan 30 2014, 10:53 AM)

I listed a few of the stuff there, gold and stock isnt really a good buy now.
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Then go short or jsut sell the gold spot. thumbup.gif
lamode
post Feb 5 2014, 11:57 AM

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QUOTE(jolokia @ Feb 5 2014, 08:34 AM)
Wow true DDD ..  rclxms.gif

http://www.thestar.com.my/Business/Busines...nd-US-tapering/

Share first, property later..  brows.gif

Get your $Bullet$ ready.. Dead Chicken Coming..  icon_idea.gif
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I'm ready for it.
dead chicken mari mari dead chicken! thumbup.gif thumbup.gif thumbup.gif
lamode
post Feb 5 2014, 11:56 PM

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QUOTE(all blacks @ Feb 5 2014, 11:35 PM)

Yeap, full flexi from AIA.. The higher ur loan amount the better rate you could try for..
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do they practice 70% MOF for 3rd residential loan? icon_question.gif
lamode
post Feb 6 2014, 10:38 AM

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QUOTE(icemanfx @ Feb 6 2014, 10:34 AM)
If loan tenure is 30 years, for every 1% interest rate increment, monthly repayment increased by about 12%.

Those flippers who borrowed to the limit at low interest rate, in the event of substantial interest rate rise e.g. 3+%, a good proportion of these loan will become doubtful and npl.
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generally speaking, 1% BLR increment = 1% increase per year OR 1 / 12 = 0.083% per mth.
lamode
post Feb 6 2014, 10:48 AM

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QUOTE(icemanfx @ Feb 6 2014, 10:44 AM)
Price increased by 20% and dropped by 15% is crisis?

If one is certain price during crisis is higher than the original price, it is a sure bet and should invest all you have.
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many flippers has done that by borrowed to max.
lamode
post Feb 9 2014, 11:16 AM

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i no scare bubble, because i drink bubble tea. thumbup.gif
lamode
post Feb 10 2014, 10:12 PM

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AmayaBumibuyer for my own interest, has the dev fully sold out all the unit as of now?

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