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 4 Critical Signs of a Bubble Market V6, Signs are already there in Malaysia

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ManutdGiggs
post May 15 2014, 11:14 AM

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QUOTE(jolokia @ May 15 2014, 09:00 AM)
But Latuk nowsdays landed rental yield really kesian oh ! I saw 1 DSL sell for 380K but rental only RM 650  cry.gif

Can't even cover half of mothly installment.  doh.gif
*
Onli roi is important???
AppreciativeMan
post May 15 2014, 11:40 AM

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QUOTE(jolokia @ May 14 2014, 10:10 PM)
900sqf unit 550-580K if I remember correctly,  problem is only 2 room,  kind of funny design that why still couple unit available, 5,6,700sf mostly sold.

Maintenance fees quite high RM 0.36 psf

Malay area with lots of Pak Hitam & Pak Arab lived near by coz near UIA.
*
paisay paisay.....
i hardly go to those places, not to even mention investing in it..... tongue.gif tongue.gif
there are lotsa opportunities everywhere...... i focus where i wanted...... and so far so good..... tongue.gif tongue.gif
Age catching up....... more kiansi kiansu already...... tongue.gif tongue.gif
DragonXIII
post May 15 2014, 11:43 AM

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QUOTE(bearbearwong @ May 14 2014, 06:41 PM)
pretty much damage has been done...

the sales in new launches is faster than subsales.. this is not good right?

new launches can finish within a day.. but subsales? take months or even year.. new launches you have bought(if investing and not own stay) will then wait for subsales when VP is hand over.. the rate of transactions has fallen down... subsales cant pick up with new launches.. long run it wont be healthy..

and new launches are more often preferred than subsales.. even both subsales prices and new launches prices are similar say 700k.. new launches prices will definitely up upon VP.. subsales property even up (if any or stagnant) will be in disadvantages position..

more and more new launches are in weekly in klang valley itself.. if subsales rates do not catch up.. (banks are rejecting loans, not up to valuation, no 2 generation loan and etc implemented) subsales will slow down and more will preferred new launches... more more investors ending holding property (if the can) and high price (if they want) but no buyers..

so then, with this situation, end up renting game around.. but renting game has more often than not depressing than ever.. low rentals, bad rentals, tenant who spoil property, tenant who alwayls though of buying new launches.. and etc...

with less transaction in subsales market, renting game goes on, and as rental games increases, credit of investors also locked together, with that new launches will have less and less competitors..
*
Thought this is what you been hoping for??

Let all those flippers trapped with their money, can't sell / off-load their property, served installments til bleeding??
"Genuine buyer" don't have to pay the flipped price on secondary market, they can buy direct from developer...

Of course, not to forget that u can always repo and grab 'dead chicken'....

This should be PARTY TIME for you and you should CELEBRATE!!

REMARKS: Of course, I'm not going to challenge you where is your facts, e.g.
1. Since when there are more new sale then sub-sale in Malaysia?
2. Low quality rental/tenants
3. And with "more and more new launches are in weekly in klang valley itself", "new launches will have less and less competitors"?????
AppreciativeMan
post May 15 2014, 11:43 AM

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QUOTE(jolokia @ May 15 2014, 09:00 AM)
But Latuk nowsdays landed rental yield really kesian oh ! I saw 1 DSL sell for 380K but rental only RM 650  cry.gif

Can't even cover half of mothly installment.  doh.gif
*
Since when landed was a rental yield game?? shocking.gif shocking.gif
U wants landed with good rental yield, maybe go grab one of those in SS15 then sub divide into many rooms, rent to college students....... may be may be can get good yield..... And best of all........ lotsa of lenglui....... brows.gif brows.gif thumbup.gif thumbup.gif


This post has been edited by AppreciativeMan: May 15 2014, 11:45 AM
DragonXIII
post May 15 2014, 11:50 AM

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QUOTE(AppreciativeMan @ May 15 2014, 11:43 AM)
Since when landed was a rental yield game??  shocking.gif  shocking.gif
U wants landed with good rental yield, maybe go grab one of those in SS15 then sub divide into many rooms, rent to college students....... may be may be can get good yield..... And best of all........ lotsa of lenglui.......  brows.gif  brows.gif  thumbup.gif  thumbup.gif
*
Proved that they don't know what they are talking about...
HuiChyr
post May 15 2014, 02:06 PM

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QUOTE(ManutdGiggs @ May 14 2014, 03:25 PM)
Actually in the other side of the coin, it allows saving in reno, buying of luxury goods eg. big screen tv, expensive shower head, clumsy sofa, etc etc. Oso save lotsa time to do house chores.

Not a bad idea to own one. Guess its the trend in the future.
*
Actually just saw this design for small apartments:
http://www.youtube.com/watch?v=juWaO5TJS00

The video shows the future of city living. Big city like heart of KL with small spaces.
Kinda fun too. Easy to clean. Save energy (aircond).
HuiChyr
post May 15 2014, 02:22 PM

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QUOTE(andrewcha @ May 14 2014, 08:08 PM)
Exactly. cry.gifcry.gif maybe I be the first one that do part time liddat try own one property lo.
*
How old r u bro? If u don mind telling us. smile.gif
Mana tau u are a 17 yrs old kid doing part time jobs just for fun trying to go in property. icon_idea.gif
zenjet
post May 15 2014, 02:23 PM

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QUOTE(HuiChyr @ May 15 2014, 02:22 PM)
How old r u bro? If u don mind telling us.  smile.gif
Mana tau u are a 17 yrs old kid doing part time jobs just for fun trying to go in property.  icon_idea.gif
*
Almost tiga puluh ~ sweat.gif
blah2blah
post May 15 2014, 04:22 PM

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QUOTE(HuiChyr @ May 15 2014, 03:22 PM)
How old r u bro? If u don mind telling us.  smile.gif
Mana tau u are a 17 yrs old kid doing part time jobs just for fun trying to go in property.  icon_idea.gif
*
QUOTE(zenjet @ May 15 2014, 03:23 PM)
Almost tiga puluh ~  sweat.gif
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tiga puluh liao. oldfag liao
HuiChyr
post May 15 2014, 04:49 PM

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QUOTE(andrewcha @ May 15 2014, 04:22 PM)
tiga puluh liao. oldfag liao
*
Oh ok ... no problem... can slowly build up your credit worthiness.
What part time jobs u doing?
bearbearwong
post May 15 2014, 05:59 PM

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ohohoh affordability:

The Highest and Lowest Paid Fresh Graduates

by: Caitlyn Ng

As many fresh graduates would have noticed by now, it's very difficult in the currently competitive market to be able to procure a job that pays adequately in order for one to survive, nevermind a lucrative salary. Indeed, it's common knowledge that salary is probably at the top of the list of reasons whether a fresh grad will consider taking up the job offer or otherwise.

According to a recent research that was conducted by JobStreet and published in April 2014, it showed that a majority of fresh graduates were struggling to make ends meet (approximately 77% who said that their salary does not leave them with any savings after spending on essentials such as car and study loans). The average pay across industries for fresh grads appear to be RM2,100 per month, but 60% of the respondents said that they have to ask for higher-than-average salaries of at least RM3,500 (30% even expected to be paid as high as RM6,500) in order to cope with the increased cost of living.

But ever wondered which industry pays the most (and subsequently, the least?). The information has been gathered from JobStreet.com for both the highest and lowest average salaries.
Top Five
1) Pharmacy: RM3,640

It may seem a surprise to some that the usual career choices did not make the top spot, but there you have it, pharmacy takes the top spot on this list. Pharmacy involves the process of dispensing drugs and medicines, in addition to preparing them. Modern services related to this field include clinical services where pharmacists are the experts on drug therapy for the benefit of patients.
2) Corporate Strategy: RM3,200

Having to ensure that the corporation is headed in the right direction as well as the way in which its various business operations work together to achieve particular goals is definitely not an easy task. That's why a fresh graduate who lands a job in assisting the senior management to guide the corporation in the right direction to successful outcomes has to be focused and driven - and will thus be paid handsomely for it.
3) Sales - Financial Services: RM3,054

Financial services are the types of services (such as insurance, financial planning and money management) that one can expect from institutions such as banks and insurance companies. As such, this means that fresh graduates will be required to have an in-depth knowledge about the products and the benefits they can offer since they are representing major corporations in the industry. Not only do they require training and lots of reading up on the products and services, they will have to remain up-to-date on the ever-changing market so that they are in the best position to advice their clients. It's not for everyone and those who meet the mark will be paid better than other fresh graduate counterparts.
4) Doctor: RM2,719

This is probably one position that comes as no surprise to the public, considering the amount of students who do their best to enter the profession after graduating from secondary school and it comes time to choose a profession. To be a doctor, it's not all about the complicated operation procedures you see on TV shows such as E.R or House, it's about being a qualified practitioner of medicine in general. Treating patients, no matter in what way, and then seeing them recover is one of the best ways to dedicate one's life in working towards. Sad though, that doctors are only 4th on the list with pharmacists overtaking them!
5) Sales - Engineering / IT: RM2,612

Another sales position popping up on this list, which makes one realise that in the world of sales, if you have the determination of steel and the willingness to work hard, one can reap the rewards soon enough! Similar to the sales position above, this position involves the need for fresh grads to have a thorough knowledge of all things engineering and IT, not an easy task! This is because people in these fields make buying decisions differently than those in other consumer contexts, being based more on technical information and rational analysis.
The Lowest Paid
Customer Service Executive: RM1,800

Is it any surprise that this position is on this list? Many fresh graduates (yours truly, at one point, included) would have started out in a call centre and handled the numerous calls of enquiry and complaints coming in on a daily basis. While this job seems straightforward enough, it requires a great deal of patience as the fresh graduate will not only have to answer all calls efficiently, but deal with sometimes irate customers. Yet, it doesn't take any particular skill and most any graduate can do it if they are of the right disposition and thus why customer service people are paid as they are.
Sales Coordinator: RM1,650

A sales coordinator is the person in charge of all types of inquiries related to sales as well as having to implement new policies that have been specifically designed to increase sales quotas and find new customer bases. One would have to conduct thorough market research as well as keep tabs on competing businesses. This person is the link to the sales manager and the other sales people.
Graphic Designer: RM1,600

If you've ever enjoyed beautifully designed advertisements, then you've got graphic designers to thank! They're the ones in charge of putting together images or motion graphics in a way that's visually appealing to create a piece of design. In the beginning, a fresh grad will face strong competition when applying for positions within the industry, as many companies will look for candidates with convincing talents. The starting pay may be crap but if you've got the goods; you'll be raking in no time.
Administrative Assistant: RM1,500

The title is a little self-explanatory, but these people are the ones who have the task of providing different kinds of administrative support to the people and groups in business enterprises. This could mean doing anything that is required of them, from managing various files to managing the inventory of assets and supplies as well as preparing minutes of meetings.

* Caitlyn Ng is an Investigative Journalist of SaveMoney.my, an online consumer advice portal which aims to help Malaysians save money through smart (and most of the time painless) savings in their daily banking, technology, and lifestyle spending habits.
bearbearwong
post May 15 2014, 06:00 PM

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QUOTE(DragonXIII @ May 15 2014, 11:43 AM)
Thought this is what you been hoping for??

Let all those flippers trapped with their money, can't sell / off-load their property, served installments til bleeding??
"Genuine buyer" don't have to pay the flipped price on secondary market, they can buy direct from developer... 

Of course, not to forget that u can always repo and grab 'dead chicken'....

This should be PARTY TIME for you and you should CELEBRATE!!

REMARKS: Of course, I'm not going to challenge you where is your facts, e.g.
1. Since when there are more new sale then sub-sale in Malaysia?
2. Low quality rental/tenants
3. And with "more and more new launches are in weekly in klang valley itself", "new launches will have less and less competitors"?????
*
why so angry? hehhe, got points to rebut shoot it out dont be like a little girl..
bearbearwong
post May 15 2014, 06:02 PM

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QUOTE(andrewcha @ May 15 2014, 04:22 PM)
tiga puluh liao. oldfag liao
*
oh 30s still young.. man's highest market time... i am just wondering... with 2k you really wanan comit in buying new launches? sorry to harsh... if you dont mind properties as i stated below 200k max will be a good start...


since you i are 30s, i am sure you had your own view before jumping into this threads, how do see property market now? would sticking your hands here better? or is it lucrative and easy cheesy as potrayed by your peers/agents/family?
TSicemanfx
post May 15 2014, 06:05 PM

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QUOTE(DragonXIII @ May 15 2014, 11:50 AM)
Proved that they don't know what they are talking about...
*
Guess you are LKS in the making. Can share your strategy with us?


TSicemanfx
post May 15 2014, 06:07 PM

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QUOTE(bearbearwong @ May 15 2014, 05:31 AM)
i got house to repo in Ipoh dis morning dat y early wake up... mb old man cant sleep..hehe
*
How was the repo this morning? Any incident or story to share?

bearbearwong
post May 15 2014, 06:08 PM

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QUOTE(DragonXIII @ May 15 2014, 11:50 AM)
Proved that they don't know what they are talking about...
*
dragon kor, your comarades comments are more funny... i hate to dig it up... tell us where your property first, since you have such strong remarks:

REMARKS: Of course, I'm not going to challenge you where is your facts, e.g.
1. Since when there are more new sale then sub-sale in Malaysia?
2. Low quality rental/tenants
3. And with "more and more new launches are in weekly in klang valley itself", "new launches will have less and less competitors"?????


bearbearwong
post May 15 2014, 06:10 PM

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QUOTE(andrewcha @ May 15 2014, 09:12 AM)
^ but how does it applies to Msia? quoting for jolokia article
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no it dont apply, dont effect, so need to care.. see any property within budget, just buy surely will untung one...
blah2blah
post May 15 2014, 06:17 PM

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QUOTE(bearbearwong @ May 15 2014, 07:02 PM)
oh 30s still young.. man's highest market time... i am just wondering... with 2k you really wanan comit in buying new launches? sorry to harsh... if you dont mind properties as i stated below 200k max will be a good start...
since you i are 30s, i am sure you had your own view before jumping into this threads, how do see property market now? would sticking your hands here better? or is it lucrative and easy cheesy as potrayed by your peers/agents/family?
*
ekcelli i don't mind with sub market, for me is to own one and experience first how to get a prop. then learn from there. i do believe now is kinda good opportunity as bnm getting tighter on rules = lesser competitors. i do know that i didn't do any homework e.g. survey before commit as need to prepare my documents and first DP. I wish to earn some passive income that's all. not much.

QUOTE(bearbearwong @ May 15 2014, 07:10 PM)
no it dont apply, dont effect, so need to care.. see any property within budget, just buy surely will untung one...
*
oic.

SUSjolokia
post May 15 2014, 06:34 PM

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QUOTE(andrewcha @ May 15 2014, 06:17 PM)
ekcelli i don't mind with sub market, for me is to own one and experience first how to get a prop. then learn from there. i do believe now is kinda good opportunity as bnm getting tighter on rules = lesser competitors. i do know that i didn't do any homework e.g. survey before commit as need to prepare my documents and first DP. I wish to earn some passive income that's all. not much.
oic.
*
Remember sub sales require lots of $$$ as bank valuation may not be as high as owner asking price, meaning u need to come out with more DP if bank valuation is low, lesser competitor r refer to new launch meaning those financial weak dare devil flipper got kick out, but subsales require cash rich buyer, subsales more for own occupy not for u to make quick $$$.

Kawan if so much easy money lying arround, u think those big shark would not swallowed it meh ! still got left over for ikan bilis like us ? .. whistling.gif

Buy one for to stay, later u got lots of $$$ they think flipping lah. cool2.gif
SUSjolokia
post May 15 2014, 06:39 PM

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QUOTE(bearbearwong @ May 15 2014, 06:10 PM)
no it dont apply, dont effect, so need to care.. see any property within budget, just buy surely will untung one...
*
U kaohoy him meh ! He thinking can buy 1 low price property to learn flipping leh, buy hold short while earn big $$, buy again flip earn even bigger money, later kena one "Soonpung" hold 5-10 years also cannot untung, okok loh... laugh.gif

China is our biggest trade partners mah ! it already said if China get into trouble so do we, in fact China is the trend setter for property flipping, if their market burst we will very likely to follow. cry.gif

This post has been edited by jolokia: May 15 2014, 06:40 PM

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