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 Is the bubble finally bursting? 2014, V2

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lilzany
post Jan 21 2014, 09:18 PM

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QUOTE(bearbearwong @ Jan 21 2014, 08:48 PM)
when population earn more and accidently bought your MRT high rise say u bought for 575k (like Ucity & vista).. u plan then to sell it off at RM750K lets say... once Vp (and by 2020 according to your calculation taking into account building don't grow old and as new as usual and you wont mind parking RM1.5 MILLIOn by 2020)

means u are paying 6.5 k installment per month for 35 years... u say ok bo.. normally.. for me if i can afford 1.5 million prop would i even bother to take MRT.. High speed train.. KTM... WILL U? come on the public facilities are here to fool and draw ppl to buy when in actual fact even the seller himself wont Utilise the so called public transport.. u are one of the example lor... cant even persuade yourself to buy 1.5 m prop by 2020 how to expect others to buy...

but for rental purposes good.. high rise even in prime area generall have very low appreciation in price coz normally and certainly the price quoted by developers themselves is very high.. but rental purposes ok... but u will have to lock your 600k credit under loan for at least 10 years for long term.. for flipping like seeling upon Vp.. remain vacant for a while
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it is convenience vs jam. mrt is still awesome unless you are rich enough to have a driver which would means having a bungalow in the 5 millions
lilzany
post Jan 22 2014, 09:11 AM

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QUOTE(bearbearwong @ Jan 22 2014, 12:08 AM)
If based on your arguements... setia echo hill and southville.. kota warisan... kip sepang how.. mrt extension?
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seriously what is ur point? do u understand rural vs high density area?
lilzany
post Jan 28 2014, 09:15 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!
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so pray tell what type of assets are you having now... hmm.gif
lilzany
post Jan 31 2014, 10:14 AM

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RM4 chicken rice?? Sorry min is RM 6 now
lilzany
post Jan 31 2014, 07:01 PM

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Actually Singapore still have a lot of land to built high rise condos in but their govt is limiting it

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