Back to the fundamental - if supply outstrips demand considerably, what should we expect to happen?

IMO, unless holds it for own stay or with the holding power to hold it for a very long period, the risk is just too high to jump in.

+1

Share the same view that location wise perhaps this is the better among RF, CG and GL. But so far nothing change my view from the very beginning about the over supply situation. Probably this will be a better sales project vis a vis others? God knows... and time will tell.

Why not? No such restriction...

This post has been edited by Jasoncat: Aug 5 2014, 07:26 AM

I'm holding the same view that such a sudden surge in supply will not be absorbed by the market.

For those Mainland Chinese developers' projects, one of their target buyers are the Chinese investors and the fact is that there are quite a number of them too. I think one of the potential concerns upon VP then could be collection of maintenance fee from these foreign buyers. Practically how easy will the JMC be able to collect / chase after them for payments? Not a discrimination towards the foreign purchasers but will this be a potential issue?

They come they concur and they cabut......

Medini is quite a special case - if I'm not mistaken it's a sublease case.

The same article posted at #638.
This is a known fact but a lot of people just dont buy it. Perhaps it is more convincing and pronounced when it appears in the media?

Any special reason why BOC? There is also another Chinese bank in Malaysia, ICBC - any idea how's the service / reputation?

This post has been edited by Jasoncat: Aug 30 2014, 05:22 PM

If that mega sales scenario happen, I may still consider twice whether worth to grab it or not
The gov is partly to be blamed to let the developments happen uncontrolled...

Being a Chinese bank they will consider and try to support Chinese project but only to the extent the risk taken is reasonble. After all it's a bank and not charity organisation leh... Same goes to other local or foreign banks if it's a bankable deal they will consider it regardless Chinese or non-Chinese project.

Lol!

Correct, it's free market here but the government has the responsibility to make sure things not gone haywire to protect the nation's interest. Collapse in property market, if it does happen, has far reaching impact to the economy.

Yes, I remember you posted earlier in this thread how you arrived at the decision to whack a unit in this project. You have done your study and know the risk you are going to take. Wish you luck

Don't understand if they want to sell it here why they quote the price in RMB

The policy / regulation change is just to add more salt to the pain of oversupply.

The uncertainty in the government policy e.g. the recent hike in toll rates by both countries remain a critical consideration.

Greenland is going to launch their units soon by Nov/Dec... Add more supplies to the glut situation

No more good timing for them... either they launch it now or months later makes no diff - the situation could be even worse if dragged further.