4 Critical Signs of a Bubble Market V7, UUU still trounced DDD
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 Jun 16 2014, 01:21 PM
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Senior Member
592 posts Joined: May 2010 
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QUOTE(sampool @ Jun 16 2014, 01:07 PM) the pama buy for they children is very minority la... juz my concern is population of none bumi cannot pick up, then the prop market will truely bubble after 2020.. I recall some were quite adamant thats it was common for parents to buy for their kids |
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Jun 16 2014, 01:23 PM
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Senior Member
2,294 posts Joined: Mar 2009
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QUOTE(Wiredx @ Jun 16 2014, 02:21 PM) I recall some were quite adamant thats it was common for parents to buy for their kids no la... normally pama juz put down payment. except ur born in mr lee, mr tan mr. yeoh family then yes lo... how many of them??? |
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Jun 16 2014, 01:40 PM
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Junior Member
20 posts Joined: Jan 2014 
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QUOTE(gogo2 @ Jun 16 2014, 09:43 AM) PRICE/RENT RATIO GROSS RENTAL YIELD (%) 5 20 Very undervalued 6.7 15 Very undervalued 8.3 12 Undervalued 10 10 Undervalued 12.5 8 Borderline undervalued 14.2 7 Fairly priced 16.7 6 Fairly priced 20 5 Borderline overvalued 25 4 Overvalued 33.3 3 Overvalued 40 2.5 Very overvalued 50 2 Very overvalued |
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Jun 16 2014, 01:56 PM
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Senior Member
3,274 posts Joined: May 2013
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QUOTE(sampool @ Jun 16 2014, 01:23 PM) no la... normally pama juz put down payment. except ur born in mr lee, mr tan mr. yeoh family then yes lo... how many of them??? No need Billionaire pama lah, i see some meat seller, small shop ownwer, businessman also buy 1 property for each of their kid, fully paid, renovated & furnished. I notice some property launch in 2013 & Q1 2014 still can't finish selling, good location but price slight above average of that area, seem like buyer really picky, they will compare under construction with newly complete unit, no more die must buy, any garbage also people buy, 10-15% extra also they will give it a miss. Market on 2nd half & GST doesn't look like going to have significant impact on market sentiment.  |
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Jun 16 2014, 02:01 PM
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Junior Member
434 posts Joined: Nov 2012
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somewhat agreed on PAMA buying party (DP only I pressume) for their kids. Remember the baby-boomers, they are the one who pass on wealth to these peeps and so on. Now perhaps the wealth pass-on by boomers to kids it being passed on to the kids' own kid (grand children) All scared if don't buy, die. I notice a lot of this group while happily visiting showrooms. Young couples too. For those no help, SOHO would be a starting point to force save. Only worry is scared eventually tho property not burst, it becomes in HK aing (Fu Ji Chan). Means loan of prop is higher than price of prop. Looking at current situation of dev selling at such exorbitant future price, it is not an impossible scenario, taking inflation into consideration? CHUI SUI END
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Jun 16 2014, 02:02 PM
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Senior Member
827 posts Joined: May 2009 From: Hometown - Ipoh
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QUOTE(sampool @ Jun 16 2014, 01:23 PM) no la... normally pama juz put down payment. except ur born in mr lee, mr tan mr. yeoh family then yes lo... how many of them??? my uncle lor ~ own 2 electronic shops business ~ 4 children ~ 1 each, paid full but at butterworth area lar |
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Jun 16 2014, 02:04 PM
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Junior Member
434 posts Joined: Nov 2012
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PAMA buy or kids is a very chinese thing, when they can afford it (full payment or DP) During my grandma time also the same. We never stop worrying abt our kids
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Jun 16 2014, 02:09 PM
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All Stars
13,761 posts Joined: Jun 2011
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1 fren oledi prepared 2 units per kid with cashi. No crash so soon la
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Jun 16 2014, 02:11 PM
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All Stars
21,459 posts Joined: Jul 2012
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QUOTE(HuiChyr @ Jun 16 2014, 01:03 PM) The ultra rich guys are of different league compare to most of us. They can buy cash and hold it for years. Ultra rich are more likely to buy in sg, london and australia.They also have the bargaining power on the terms and conditions and prices too. They take up 10 properties at once for price way, way cheaper than market price. And for only one reason ... these ultra rich are businessmen/women. Their REAL asset is their business. Properties are just to "park" their cash for hedging against inflation or tax. If their businsss go down the hole, they may need to liquidate their properties to pay off or collateralize their properties for cash. Bankers are not property manager, they are money managers. They prefer cash (or equivalent) to balance their balance sheet. At "injury" time, the overleveraged will suffer the most. Businessmen (not all) have higher chances to survive. Look at Tan Sri William Cheng ... owed Rm2 billion since 1997 ... still living the luxury life.  QUOTE(jolokia @ Jun 16 2014, 01:56 PM) No need Billionaire pama lah, i see some meat seller, small shop ownwer, businessman also buy 1 property for each of their kid, fully paid, renovated & furnished. If like this, current property supply where got enough?! better snap up before pasar malam stall owners, hawker stall owners, etc jump on the band wagon.QUOTE(jolokia @ Jun 16 2014, 01:56 PM) I notice some property launch in 2013 & Q1 2014 still can't finish selling, good location but price slight above average of that area, seem like buyer really picky, they will compare under construction with newly complete unit, no more die must buy, any garbage also people buy, 10-15% extra also they will give it a miss. Developers are keeping these units for r.e agents to cari makan else r.e. agents got no energy to blow water.Market on 2nd half & GST doesn't look like going to have significant impact on market sentiment. Price doubled in 3 years, what is 6% gst? QUOTE(ManutdGiggs @ Jun 16 2014, 02:09 PM) 1 fren oledi prepared 2 units per kid with cashi. No crash so soon la Your fren so behind one, heard some are buying for their grandchildren.This post has been edited by icemanfx: Jun 16 2014, 02:13 PM |
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Jun 16 2014, 02:15 PM
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Junior Member
434 posts Joined: Aug 2010
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QUOTE(AppreciativeMan @ Jun 16 2014, 11:25 AM) How sure are u??? Agree with you bro...I believe parents buying for kids these days are higher as their kids couldn't afford to get one with the current property price..Hahahahha...  Because your parent didnt buy for u then u think parents buying for kids very low??  Vice versa, I think parents buying for kids these days are very high......   |
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Jun 16 2014, 02:16 PM
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Junior Member
434 posts Joined: Nov 2012
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Now no crash, just stagnant, again. U know the saing, STILL WATER RUNS DEEP. U never know during this period. JENG JENG JENG!!!!! cue creepy music
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Jun 16 2014, 02:19 PM
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All Stars
21,459 posts Joined: Jul 2012
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QUOTE(RenuPlus @ Jun 16 2014, 02:15 PM) Agree with you bro...I believe parents buying for kids these days are higher as their kids couldn't afford to get one with the current property price..Hahahahha... If these kids can't afford to buy in the future, where to find suiyi to subsale?QUOTE(satrianeo-x @ Jun 16 2014, 02:16 PM) Now no crash, just stagnant, again. U know the saing, STILL WATER RUNS DEEP. U never know during this period. JENG JENG JENG!!!!! cue creepy music Flippers have super long holding power, waiting to catch suiyi in deep water.This post has been edited by icemanfx: Jun 16 2014, 02:22 PM |
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Jun 16 2014, 02:23 PM
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Junior Member
434 posts Joined: Nov 2012
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GOT. some ppl dun want the headache of waiting on new launch dunno how many years ready. And when ready dunno how the management is gonna be like. ANd also worry about the type of peeps staying in say a condo. That's me. I go sub-buy. Less headache and you can study the environment as is.
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Jun 16 2014, 02:25 PM
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Junior Member
434 posts Joined: Nov 2012
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Sorry wanna add, I also meant that yes some ppl dun mind spending more on sub-buy for peace of mind and fast move in, if that buyer being eyeing that place for some time. Purely based on buyer liking the place. Money is not the only thing, its the value they see.
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Jun 16 2014, 02:25 PM
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Senior Member
1,643 posts Joined: Jan 2003 From: Federal Territory of KL Status: Widowed 
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QUOTE(RenuPlus @ Jun 16 2014, 02:15 PM) Agree with you bro...I believe parents buying for kids these days are higher as their kids couldn't afford to get one with the current property price..Hahahahha... This post has been edited by den: Jun 16 2014, 02:31 PM |
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Jun 16 2014, 02:29 PM
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All Stars
13,761 posts Joined: Jun 2011
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QUOTE(icemanfx @ Jun 16 2014, 02:11 PM) Ultra rich are more likely to buy in sg, london and australia. Yalo. I oso dunno y he buys cashi. If get loan can strike great grandkids tim. Btw he bot London Aussie Singa n Malai. 1 each in Malai 1 each around the world. I dun und the strategy.If like this, current property supply where got enough?! better snap up before pasar malam stall owners, hawker stall owners, etc jump on the band wagon. Developers are keeping these units for r.e agents to cari makan else r.e. agents got no energy to blow water. Price doubled in 3 years, what is 6% gst? Your fren so behind one, heard some are buying for their grandchildren. |
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Jun 16 2014, 02:31 PM
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Senior Member
989 posts Joined: Feb 2008
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QUOTE(icemanfx @ Jun 16 2014, 02:11 PM) Your fren so behind one, heard some are buying for their grandchildren. Bro it is not too late doing it now. I am buying for my yet to born kids as well. By the time they go university the rental could be use to cover their living expenses. |
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Jun 16 2014, 02:36 PM
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Junior Member
222 posts Joined: Nov 2011
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QUOTE(kradun @ Jun 16 2014, 02:31 PM) Bro it is not too late doing it now. I am buying for my yet to born kids as well. By the time they go university the rental could be use to cover their living expenses. Really ah?? Then wish u good luck lo... u really don know what is happening to the market...   |
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Jun 16 2014, 02:37 PM
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Junior Member
434 posts Joined: Nov 2012
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Buying for your yet to born kids, or yet to get mistresses? I hope you put it under your name. Which brings me to another topic. Divorce rates are high. This is also a time when you may find motivated sellers selling at 'reasonable' price compared to market. I believe a lot of so-called auction prop spawn from this sad phenomenon. END OF TOKOK
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Jun 16 2014, 02:38 PM
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Senior Member
1,801 posts Joined: Aug 2012
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QUOTE(icemanfx @ Jun 16 2014, 02:11 PM) Ultra rich are more likely to buy in sg, london and australia. Ultra rich dont buy only in a place.... they'll buy everywhere.... Now then u start to see the big picture??? If like this, current property supply where got enough?! better snap up before pasar malam stall owners, hawker stall owners, etc jump on the band wagon. Developers are keeping these units for r.e agents to cari makan else r.e. agents got no energy to blow water. Price doubled in 3 years, what is 6% gst? Your fren so behind one, heard some are buying for their grandchildren. |
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