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 4 Critical Signs of a Bubble Market V7, UUU still trounced DDD

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bearbearwong
post Jun 18 2014, 01:50 PM

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QUOTE(gogo2 @ Jun 18 2014, 01:20 PM)
Talk about location, its very important.

Bad location like Kangbashi in China saw its price drop from USD$1,100 to USD$470 per square foot, over the last five years alone.

http://www.thebohemianblog.com/2014/02/wel...city-china.html
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inverbatim in Malaysia, Kangbashi =semenyih (Echo hill, Ecomajestic, Mahkota hills, country garden, seri pajam, pelangi semenyih, bandar tasik kesuma and etc?)

here, i am satisfy a drop of RM300 to RM150 ENOUGH LOR for those areas
Jliew168
post Jun 18 2014, 02:13 PM

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QUOTE(bearbearwong @ Jun 18 2014, 01:50 PM)
inverbatim in Malaysia, Kangbashi =semenyih (Echo hill, Ecomajestic, Mahkota hills, country garden, seri pajam, pelangi semenyih, bandar tasik kesuma and etc?)

here, i am satisfy a drop of RM300 to RM150 ENOUGH LOR for those areas
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Those still In klang valley or outer klang valley area. Even drop I don't think will drop that much.
Somemore with new concept of living I think still have a strong demand from those old folk that stay in old housing
Area to upgrade. Still reasonable price compare with condo in city.

The only place I scare is iskandar Johor- massive of development , inflow massive of hot money without control.
All about Johor now is built built built and invest invest invest.
I doubt whether we have the population to catch up with the fast development anot. Big office ,super duper apartment
selling at special package without down payment , waive rpgt.
What I saw at the moment only hot money n investor. R people really set up a business there? Or the volume of business can catch up with the development anot?
Are mnc going to set office there and how long Johor can transform to a metropolis ?
I think development too fast without proper planing is too dangerous.

Landed still can buy in Johor but office lot and apartment really need to be careful and need to be a lots of study
before commit.

2 cent personal opinion

This post has been edited by Jliew168: Jun 18 2014, 02:14 PM
SUSgogo2
post Jun 18 2014, 02:29 PM

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QUOTE(Jliew168 @ Jun 18 2014, 02:13 PM)
Those still In klang valley or outer klang valley area. Even drop I don't think will drop that much.
Somemore with new concept of living I think still have a strong demand from those old folk that stay in old housing
Area to upgrade. Still reasonable price compare with condo in city.

The only place I scare is iskandar Johor- massive of development , inflow massive of hot money without control.
All about Johor now is built built built and invest invest invest.
I doubt whether we have the population to catch up with the fast development anot. Big office ,super duper apartment
selling at special package without down payment , waive rpgt.
What I saw at the moment only hot money n investor. R people really set up a business there? Or the volume of business can catch up with the development anot?
Are mnc going to set office there and how long Johor can transform to a metropolis ?
I think development too fast without proper planing is too dangerous.

Landed still can buy in Johor but office lot and apartment really need to be careful and need to be a lots of study
before commit.

2 cent personal opinion
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Johor I think depend on location also. I think la... the R&F Princess Cove is good...
Jliew168
post Jun 18 2014, 02:51 PM

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QUOTE(gogo2 @ Jun 18 2014, 02:29 PM)
Johor I think depend on location also. I think la... the R&F Princess Cove is good...
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Yes certain project is good but I mean overall the whole massive project is built in super fast track
And new launching almost every week. Johor not same with klang valley, in kv we have the population and centre of finance. Johor got potential but just the pace of developemt is too fast without control.
I doubt whether they have enought talent n population to support the economic in developemt area.
Even mnc is setting up in Johore but do Johore have enought talent supply to them ?

At the moment we only see residential market very encouraging but most of the high end is selling to singaporean and Malaysian that work in singapore. This is not part of people who grow the economic of Johor others than weekend shopping there.

SUSgogo2
post Jun 18 2014, 02:53 PM

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QUOTE(Jliew168 @ Jun 18 2014, 02:51 PM)
Yes certain project is good but I mean overall the whole massive project is built in super fast track
And new launching almost every week. Johor not same with klang valley, in kv we have the population and centre of finance. Johor got potential but just the pace of developemt is too fast without control.
I doubt whether they have enought talent n population to support the economic in developemt area.
Even mnc is setting up in Johore but do Johore have enought talent supply to them ?

At the moment we only see residential market very encouraging but most of the high end is selling to singaporean and Malaysian that work in singapore. This is not part of people who grow the economic of Johor others than weekend shopping there.
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Growth gua. People can no longer buy in Singapore. So most rich people from Singapore will stay in Johor and shopping in Johor. I think so la.
nokomis
post Jun 18 2014, 03:09 PM

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QUOTE(gogo2 @ Jun 18 2014, 02:53 PM)
Growth gua. People can no longer buy in Singapore. So most rich people from Singapore will stay in Johor and shopping in Johor. I think so la.
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I have spent quite a bit of time driving around Iskandar and looking at props from low end to high end. A year or two back after a big survey, I thought that this time it might work. It seemed like the powers that were going to make a mess of it had not arrived.

Now, they've arrived. I have lost faith.

Some projects may be good, but as a whole, I think it's hopeless. Many parts of it have already begun to show the corrosion of mismanagement.
SUSgogo2
post Jun 18 2014, 03:11 PM

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QUOTE(nokomis @ Jun 18 2014, 03:09 PM)
I have spent quite a bit of time driving around Iskandar and looking at props from low end to high end. A year or two back after a big survey, I thought that this time it might work. It seemed like the powers that were going to make a mess of it had not arrived.

Now, they've arrived. I have lost faith.

Some projects may be good, but as a whole, I think it's hopeless. Many parts of it have already begun to show the corrosion of mismanagement.
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Really? That's ashamed. Iskandar is really good idea.
nokomis
post Jun 18 2014, 03:20 PM

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QUOTE(gogo2 @ Jun 18 2014, 03:11 PM)
Really? That's ashamed. Iskandar is really good idea.
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I could be wrong, but I have gone from optimistic, thinking it was a great idea, to pessimistic.

Every time the SoJ makes a pronouncement, you can feel the rot creep in. Now, they're talking about a 2m floor on props for foreigners (read Singers). That narrows up the advantage it had with SG and you're still out in the middle of nowhere.

It's starting to feel like the stakeholders are again operating on other-than-economic principals.

I still hope that it works - it is such a great idea - but this is starting to seem like a familiar tune.
Jliew168
post Jun 18 2014, 03:30 PM

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I might be bias but whole development in Johor is so controversial to me.
First I don't like the idea selling massive land to foreigner. Some-more Johor is in border, selling landed to Singaporean equivalent to selling our country. Singapore will laugh as they buy land in Johor cheaper than they reclaimed the sea. This country belong to us for me not an inch of soil to sold to foreigner. Once sold we forever lost our soil. Modern money invasion. My opinion only condominium shroud be allow sell to foreigner. I feel so heartbreak if I see landed own by foreigner especially freehold 1.



sampool
post Jun 18 2014, 03:42 PM

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QUOTE(Jliew168 @ Jun 18 2014, 04:30 PM)
I might be bias but whole development in Johor is so controversial to me.
First I don't like the idea selling massive land to foreigner. Some-more Johor is in border, selling landed to Singaporean equivalent to selling our country. Singapore will laugh as they buy land in Johor cheaper than they reclaimed the sea. This country belong to us for me not an inch of soil to sold to foreigner. Once sold we forever lost our soil. Modern money invasion. My opinion only condominium shroud be allow sell to foreigner. I feel so heartbreak if I see landed own by foreigner especially freehold 1.
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be open minded... the world is round... be globalization
puchongite
post Jun 18 2014, 03:46 PM

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QUOTE(Jliew168 @ Jun 18 2014, 03:30 PM)
I might be bias but whole development in Johor is so controversial to me.
First I don't like the idea selling massive land to foreigner. Some-more Johor is in border, selling landed to Singaporean equivalent to selling our country. Singapore will laugh as they buy land in Johor cheaper than they reclaimed the sea. This country belong to us for me not an inch of soil to sold to foreigner. Once sold we forever lost our soil. Modern money invasion. My opinion only condominium shroud be allow sell to foreigner. I feel so heartbreak if I see landed own by foreigner especially freehold 1.
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Cannot beat them, join them. Maybe if you become a PR for Sg, then you start to think that's something good.

Just like the water contract with sg, become water fish already still soong soong !
Jliew168
post Jun 18 2014, 03:52 PM

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Hhaha some scene always appear in my mind when I remember the history of china when lease Hong Kong out to British n French. Then the next scene will appear is chinese and dog not allowed dine In they restaurant.
Hope this will not happen to Johor.

I like the concept in certain country like Australia, u can buy they property but only can sell back to Australian. This will prevent land Accumulation by foreigner.
Anyway this might not good for us who hold a property. Hahaha money and my love to country very hard to decide.
SUSgogo2
post Jun 18 2014, 03:53 PM

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QUOTE(Jliew168 @ Jun 18 2014, 03:52 PM)
Hhaha some scene always appear in my mind when I remember the history of china when lease Hong Kong out to British n French. Then the next scene will appear is chinese and dog not allowed dine In they restaurant.
Hope this will not happen to Johor.

I like the concept in certain country like Australia, u can buy they property but only can sell back to Australian. This will prevent land Accumulation by foreigner.
Anyway this might not good for us who hold a property. Hahaha money and my love to country very hard to decide.
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I think most country not racist except Malaysia. Hahaha...
zuiko407
post Jun 18 2014, 03:59 PM

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QUOTE(icemanfx @ Jun 18 2014, 11:06 AM)
Believe it is consensus that;
New launch are priced at future price and sold out.
Subsale of older property is low in volume and price.

What does it implying?
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Price won't drop la my dear friend
U will definitely regrets if keep waiting
Jliew168
post Jun 18 2014, 04:02 PM

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QUOTE(sampool @ Jun 18 2014, 03:42 PM)
be open minded... the world is round... be globalization
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Yeah globalisation. But this is very dangerous and could lead a modern world invasion.
If we follow the flow might be profit from it but those cannot will left behind.
If the government only care for short term profit the consequences might leave an impact to future generation.
If not careful we will end up be a slave in own country.

Imagine all luxury property own by foreigner while johorean who income cannot beat them at the moment have to left behind and live in slump. This is devastating.

I love my country and I hope it won't destroy by politician who only have a short sighted and look for short term profit.

May be forumer from Johor can give your comment

SUSgogo2
post Jun 18 2014, 04:04 PM

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QUOTE(Jliew168 @ Jun 18 2014, 04:02 PM)
Yeah globalisation. But this is very dangerous and could lead a modern world invasion.
If we follow the flow might be profit from it but those cannot will left behind.
If the government only care for short term profit the consequences might leave an impact to future generation.
If not careful we will end up be a slave in own country.

Imagine all luxury property own by foreigner while johorean who income cannot beat them at the moment have to left behind and live in slump. This is devastating.

I love my country and I hope it won't destroy by politician who only have a short sighted and look for short term profit.

May be forumer from Johor can give your comment
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If follow your theory, I think foreigner cannot buy our property. laugh.gif
Jliew168
post Jun 18 2014, 04:09 PM

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QUOTE(gogo2 @ Jun 18 2014, 04:04 PM)
If follow your theory, I think foreigner cannot buy our property.  laugh.gif
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Erm cannot buy landed la high rise still can la hahaha biggrin.gif
No landed for foreigner is best policy tongue.gif
Again this is personal opinion only biggrin.gif

This post has been edited by Jliew168: Jun 18 2014, 04:11 PM
cfa28
post Jun 18 2014, 04:17 PM

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QUOTE(Jliew168 @ Jun 18 2014, 04:09 PM)
Erm cannot buy landed la high rise still can la hahaha  biggrin.gif
No landed for foreigner is best policy  tongue.gif
Again this is personal opinion only  biggrin.gif
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Yep, agree. Landed above RM2 mln and restricted to only Semi-D / Bungalwos. No Link Houses for Foreigners

Condo, above RM1 mln and sq ft > 1,400 sq ft

Keep Bread & Butter Property for Malaysians



HuiChyr
post Jun 18 2014, 04:34 PM

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QUOTE(gogo2 @ Jun 18 2014, 04:04 PM)
If follow your theory, I think foreigner cannot buy our property.  laugh.gif
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Being a property investor, you want to limit your market to local Malaysians?
Foreigners are willing to pay more due to exchange rate and they are the ones that help in price appreciation.
In this new globalized world, most countries are open to foreign ownership.
cfa28
post Jun 18 2014, 04:39 PM

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QUOTE(HuiChyr @ Jun 18 2014, 04:34 PM)
Being a property investor, you want to limit your market to local Malaysians?
Foreigners are willing to pay more due to exchange rate and they are the ones that help in price appreciation.
In this new globalized world, most countries are open to foreign ownership.
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unrestricted foreign ownership of properties will bring along more problems than benefits.

There must be guidelines, restrictions, else, in long run, these foreigners will sweep up all the properties.

Australia & NZ are good examples.



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