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

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TSicemanfx
post May 15 2014, 06:52 PM

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QUOTE(jolokia @ May 15 2014, 06:39 PM)
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
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Only property in 3rd and 4th tier cities are in trouble. Those 1st and 2nd tier cities investors have no where to invest but kv and iskandar.

bearbearwong
post May 15 2014, 06:55 PM

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QUOTE(jolokia @ May 15 2014, 06:34 PM)
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
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that is right... if so good developers first one, no rebates, no freebies.. no free nth.. instead open tender.. let buyers come tender for the units they want who offer higher who gets..

developers still resort to soft launch.. freebies.. rebates.. and etc... now you see the game? developers are bigger sharks...
bearbearwong
post May 15 2014, 06:57 PM

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QUOTE(jolokia @ May 15 2014, 06:39 PM)
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
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i hope China ppl come buy more... bubble bigger more new projects purchased... more choice for us to rent and then only decide to buy or not.. because property everywhere.. we can nego good price..
akh731
post May 15 2014, 07:06 PM

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QUOTE(bearbearwong @ May 15 2014, 06:57 PM)
i hope China ppl come buy more... bubble bigger more new projects purchased... more choice for us to rent and then only decide to buy or not.. because property everywhere.. we can nego good price..
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shall buy more and keep more china doll in Malaysia instead of in vietnam.

This post has been edited by akh731: May 15 2014, 07:09 PM
blah2blah
post May 15 2014, 07:56 PM

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QUOTE(jolokia @ May 15 2014, 07:34 PM)
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
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TQ for your golden rule.

QUOTE(bearbearwong @ May 15 2014, 07:55 PM)
that is right... if so good developers first one, no rebates, no freebies.. no free nth.. instead open tender.. let buyers come tender for the units they want who offer higher who gets..

developers still resort to soft launch.. freebies.. rebates.. and etc... now you see the game? developers are bigger sharks...
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dont really get your point.
bearbearwong
post May 15 2014, 07:56 PM

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QUOTE(akh731 @ May 15 2014, 07:06 PM)
shall buy more and keep more china doll in Malaysia instead of in vietnam.
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you and that comander are hamsap forumers
SUSAllnGap
post May 15 2014, 08:11 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.
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bro, u got cash then keep cash, wait for cheap sale, and can bargain when the moment comes in.


bearbearwong
post May 15 2014, 08:14 PM

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QUOTE(AllnGap @ May 15 2014, 08:11 PM)
bro, u got cash then keep cash, wait for cheap sale, and can bargain when the moment comes in.
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that is right.. but i believe apartments you still can get.. few Ks are not possible as down payments... minimum also need 30k if property is 200k..

selayang areas, kepong areas, batu caves, or 5 floor flats can try... no worries

legal fees wise you can ask SEH hill owner, she lawyer can give some soft price one..

This post has been edited by bearbearwong: May 15 2014, 08:15 PM
dreamer101
post May 15 2014, 08:23 PM

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Folks,

China slow down....

http://www.nytimes.com/2014/05/14/business...th.html?hp&_r=0

<< HONG KONG — After almost two decades of nearly unceasing increases in real estate prices and construction across China, one of the world’s longest-running bull markets finally seems to be stalling, with broad consequences for the country’s economy and possibly its politics.

Prices are falling for both new and old apartments. The volume of deals is drying up. And developers are pulling back, furloughing workers and delaying new projects. In the latest sign, housing starts plummeted 25 percent in April from a year ago, the Chinese government announced on Tuesday.>>

http://www.telegraph.co.uk/finance/china-b...wn-economy.html


<< Wei Yao, from Société Générale, said the property sector makes up 20pc of China’s economy directly, but the broader nexus is much larger. Financial links includes $2.5 trillion of bank mortgages and direct lending to developers; a further $1 trillion of shadow bank credit to builders; $2.3 trillion of corporate and local government borrowing “collateralised” on real estate or revenues from land use.

“The aggregate exposure of China’s financial system to the property market is as much as 80pc of GDP. This is not a sector that can go wrong if China wants to avoid a hard landing,” she said. The risk is that several cities will face a controlled crash along the lines of Wenzhou, where prices have been falling non-stop for two years and have dropped 20pc. >>

Dreamer
kradun
post May 15 2014, 08:27 PM

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Look for those walk up apartment still got plenty ok quality can get at +- rm200k.
bearbearwong
post May 15 2014, 09:06 PM

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QUOTE(dreamer101 @ May 15 2014, 08:23 PM)
Folks,

China slow down....

http://www.nytimes.com/2014/05/14/business...th.html?hp&_r=0

<< HONG KONG — After almost two decades of nearly unceasing increases in real estate prices and construction across China, one of the world’s longest-running bull markets finally seems to be stalling, with broad consequences for the country’s economy and possibly its politics.

Prices are falling for both new and old apartments. The volume of deals is drying up. And developers are pulling back, furloughing workers and delaying new projects. In the latest sign, housing starts plummeted 25 percent in April from a year ago, the Chinese government announced on Tuesday.>>

http://www.telegraph.co.uk/finance/china-b...wn-economy.html
<< Wei Yao, from Société Générale, said the property sector makes up 20pc of China’s economy directly, but the broader nexus is much larger. Financial links includes $2.5 trillion of bank mortgages and direct lending to developers; a further $1 trillion of shadow bank credit to builders; $2.3 trillion of corporate and local government borrowing “collateralised” on real estate or revenues from land use.

“The aggregate exposure of China’s financial system to the property market is as much as 80pc of GDP. This is not a sector that can go wrong if China wants to avoid a hard landing,” she said. The risk is that several cities will face a controlled crash along the lines of Wenzhou, where prices have been falling non-stop for two years and have dropped 20pc. >>

Dreamer
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they dismiss the di this ting... not related to Malaysia property wor.. and Malaysia is still vibrant ahead.. s investors eave China and come bank in Malaysia wor..
ManutdGiggs
post May 15 2014, 09:15 PM

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QUOTE(bearbearwong @ May 15 2014, 09:06 PM)
they dismiss the di this ting... not related to Malaysia property wor.. and Malaysia is still vibrant ahead.. s investors eave China and come bank in Malaysia wor..
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Young man, u woke up so early should take a rest lor. Otw can help get me the GT docs and snap a photo on the pricing part ga. I need to fire my agents and runners for not able to find out if 490k GT is valid.

Thanks
bearbearwong
post May 15 2014, 09:23 PM

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QUOTE(ManutdGiggs @ May 15 2014, 09:15 PM)
Young man, u woke up so early should take a rest lor. Otw can help get me the GT docs and snap a photo on the pricing part ga. I need to fire my agents and runners for not able to find out if 490k GT is valid.

Thanks
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btw you need GT 490k why? you buying or you owning 1 unit?
kradun
post May 15 2014, 09:29 PM

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QUOTE(bearbearwong @ May 15 2014, 09:06 PM)
they dismiss the di this ting... not related to Malaysia property wor.. and Malaysia is still vibrant ahead.. s investors eave China and come bank in Malaysia wor..
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No need to worry so much la. China not gan zeong but u worry so much. Later their government remove some cooling measure and cause the price shoot out again then u will see another bubble talk. That time people talk about how cheap now and how expansive at that time.
JC999
post May 15 2014, 10:45 PM

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QUOTE(kradun @ May 15 2014, 09:29 PM)
No need to worry so much la. China not gan zeong but u worry so much. Later their government remove some cooling measure and cause the price shoot out again then u will see another bubble talk. That time people talk about how cheap now and how expansive at that time.
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Well all these big economies have impact on us.. when they sneeze we get the flu.

US and EU downturn had such impact on the local economy, im sure to a certain extend china too
bearbearwong
post May 15 2014, 10:48 PM

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QUOTE(JC999 @ May 15 2014, 10:45 PM)
Well all these big economies have impact on us.. when they sneeze we get the flu.

US and EU downturn had such impact on the local economy, im sure to a certain extend china too
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the tings is these ppl are cash loaded, gold loaded, property loaded, anything comes even civil war or world war 4 also cant affect them.. even china is deregistered from world map Malaysia property will still upupup..
kradun
post May 15 2014, 11:04 PM

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QUOTE(JC999 @ May 15 2014, 10:45 PM)
Well all these big economies have impact on us.. when they sneeze we get the flu.

US and EU downturn had such impact on the local economy, im sure to a certain extend china too
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But not sure u have to wait for how many more years until this can be materialize.
JC999
post May 15 2014, 11:06 PM

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QUOTE(kradun @ May 15 2014, 11:04 PM)
But not sure u have to wait for how many more years until this can be materialize.
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Well.. its hard to say, when it comes, it comes sweeping...
ManutdGiggs
post May 16 2014, 06:28 AM

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QUOTE(bearbearwong @ May 15 2014, 09:23 PM)
btw you need GT 490k why? you buying or you owning 1 unit?
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Just 8har wanna know n confirm. Just like if u say toto first price 1234 I ll look at the newspaper to confirm. Simple as tat.

Unless, u r joking la. It's ok young man.

This post has been edited by ManutdGiggs: May 16 2014, 06:31 AM
Showtime747
post May 16 2014, 06:41 AM

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QUOTE(JC999 @ May 15 2014, 10:45 PM)
Well all these big economies have impact on us.. when they sneeze we get the flu.

US and EU downturn had such impact on the local economy, im sure to a certain extend china too
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I used to think like you. But I was dead wrong doh.gif

2007-08 USA Sub-prime crisis - the whole world were affected because the US not only sneezed, they got cancer !! Malaysia can't be spared surely. Bubble sure pop this time

2008 - Iceland financial crisis, the beginning of Euro crisis. Whole of Europe very much affected - Europe has sneezed, surely Malaysia will be catch flu. Bubble sure pop this time

2009-2012 Euro crisis. Now it is time Euro got cancer. With USA still in ICU, Malaysia sure die. True enough, Ireland, Greece, Italy, Portugal, Spain, one by one got cancer. And their economy collapsed some even considered bankrupt. They suffered until these days. How can malaysia escape ? Our economy sure kena kaw kaw. Bubble sure pop this time

2013 - Fed's talk about tapering. The whole world panic !! This time sure is "THIS IS IT !!". And SEE !! In October the first tapering started, many countries' currency affected. India, Indo, South Africa, Australia, Brazil, Russia, China and Malaysia. Come liao....finally come liao....Bubble sure pop this time

2014 - currencies stabilised. USA recovers. Euro recovers. Now its China's turn to have crisis. Bubble sure pop this time



In all of the world crisis malaysia experienced, we faced high winds and tidal waves. Every time new crisis hit the world, I was thinking "THIS IS IT !!" or "BEGINNING OF THE END", or "GROUND ZERO OF WORLD ECONOMIC COLLAPSE". But every time since 2007, nothing much happened to us. But every time, "bubble sure pop this time" will come to mind

When you are a doomsayer, you will always be a doomsayer. Whatever you see and hear, your thoughts will relate it to crisis. And every time these doomsayer misses the boat, yet again

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