Thought there were planes load of chinese buying kv and jb properties? Hot money need not be in share market only, gomen bonds is one avenue to park hot money.
Basically, flippers don't add value to gdp, as income has been climbing slower than property price implying disposable income is reduced, will over hang.

Most Banks are ready to finance MOF of up to 90% for sub sale properties.  The issue lies with the disparity of what is the Market Value of the sub sale property.

For Banks, their Market Value is based on a basket of properties and often, when accessing market value, the Bank does not take into account renovations.

Say in 1 Taman, 10 people want to sell their properties

Just say for argument sake - Launched by Developer at RM250K, 8-years ago

7 - No Reno done, selling for RM500
2 - Extended Back Kitchen selling for RM550
1 - Major Reno - Extended Wet Kitchen and Upstarirs Room - Selling for RM600K.

This means that the property have appreciated by 12% a year, excluding inflation, interest and other holding cost which is not too bad.

To the Bank, the Market Value of the Properties in the Taman is only RM500K.

If you want to buy the Extensive Renovated House, you will have to put in higher DP.

This also depends on the Location of the Property and strength of the Borrower.

I believe that for areas like Kota Damansara, Puchong, the Banks are willinng to give 90% MOF.  But for Rawang, perhaps not cos its difficult for the Bank to unload if the Borrower defaults.

But in general, Banks are willing to give 90% MOF cos all my firends who bought sub-sale managed to get 90%.

Why u think we can see UFO ET so free hovering arroud the sky now.. 

Less transaction means agent suffer right? 75 % of agency depended on subsales.. confirmed by accetra

Developer launches all BBB.. transaction volume superb..

this news.. transaction drop but price up..

transaction drop .. price up you interpret= value of property still up.. transaction drop because many ppl dunwant to sell  .

transaction drop= ppl getting good rental but not included..

this is good news it seens.. well these transactions drop.. value increase never hapen back on few glory years.. and governnent measure preceived by an accountant as useless but manage to cut the transaction down..

I dunno.. transaction drop you agents getting more bonus.. dat means no effect.. baby need to grow is width and length.. having one groth is a good growth?

transaction down because of RGPT?

someone will classified you as UUU soon.

Actually if you follow the "discussion" for all the while, you will realise that there is only 1 camp. All are buying or looking to buy.
No one is "really" selling.

行出馬路大飛機???

I assumed tats wat u mean rite.

happy living in inflated dreams.. buy more.. many more high rises need your support to deplete their stocks..

you must be too free and earn too much to spend time around LYN property talk.. worried?

Is this happening? No one discuss one

Emerald r3sidence is the cheras hong soon developer lehh.. many sucessfully completed..

of course I see your contention on completed vs constructing.. dat y we shall fast forward to 3 years from now.. when both were in completed form..

3 years down...I speculate as follows:

Green terraine currently: 580k +( 180k or 360k, assuming 5 k or 10k increase monthly)= 760k or 940k

Emerald residence currently: 470k to 600k minimum +( 200k flipped) = 670k or 800k..

funny leh.. like dis.. green terraine price has to stop.. if increase like that it will be absurd.. subsales on risk of competition of direct clash if owner increase monthly which they did..

if dun increase of course.. they can hold cheap losns only.. but still even they dun increase 5k or 10k monthly.. the disparity btw the current green terraine condo vs future speculated price were merely on an 90k difference I.e ( 470k emerald vs 580k green teraine)... sellers even though increase 30k yearly and ends the same price like emerald residece ...ppl will choose an 4 year old green terraine vs new emerald condo... same price..

from this simple observatio.. it is sure that I shall reiterated again.. price shall have turtle or stop..once the initial boost.. subsequent buyers in subsales price will suffer slowest growth or stagnant once they purchase.. (jokers who purchase cheap on subsales say and resell.. try this and see)

the above is true I.e upon buying subsales potential buyers are able to hold if they are investing.. if not price need to drop to offload..

buyers can opt to wait vs see for now.. prices after initial boost is stagnant or turtle up.. if sellers can hold.. but those cant.. haha.. and even those capable of holding.. will run risk of having minimal or no profit.. as upon initial boost price were slowly increase or stagnant.. their subsales price is limi5ed.. thus holding cost I.e servicing bank loans.. mrta.. insurance.. quit rent vs assessment.. maintenance high rise and for landed G&G.. old units.. will cut even with profit..

need not worry that owners renting out to reduce holding cost above.. once rented out problem starts.. tenant prob.. well tenanted property will deter buyers as most tenant dun take care bout the prop and is a not buyer friendly.. lastly.. if owners resort to renting.. good ting too.. their credit is locked.. thus less competative.. in new launches.. those invested nearby factilities can play rent.. those outskirt.. southville.. SEH.. setia alam.. semenyih lah.. etc gud luck..

signing off
BBW

Walau err, u r not only bankruptcy lawyer. U r oso divorce lawyer.   

Walao wei.

Ini macam pun boleh?

Last time all UUU camp attacking me calling me liar la, banana la.... I press report. Missing in Action by MOD.

those attacking is defence by other uuu member,  zuko, manugiss, , amint , Amaya,bcpbeancounter etc etc.... is these member know each other? These member UUU helping other member and attcking me . MOD why do nothing despite I press the report button.

this boon also one type funny guy. He never remind me in pm. he can use the pm to pm to me.

no need to post publicly " Let me remind you if you want to user posted image someone's post then why do you then go and user posted image ?! Anyway some are cleared and some are not because it is valid"

Do publicly is to make me look bad only.