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

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icemanfx
post Jul 30 2014, 12:26 AM

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QUOTE(Tigerr @ Jul 29 2014, 11:16 PM)
only u said i got no money,  doh.gif u look down on me mah, told u to bring your collateral out but u insult me useless mah......
i already investing in overseas....just that i didnt tell u only.  unsure.gif
hmm.gif only if u know my broker firm, Phillip Securities. Not the Phillip which sell u light bulbs.... laugh.gif
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What so great about phillips securities is your stock broker?
bearbearwong
post Jul 30 2014, 12:36 AM

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QUOTE(Jliew168 @ Jul 30 2014, 12:04 AM)
If I have 10 units I will sell 1 for 500k and my profit can hold me 9 units for very long..also I will rent out all my 9 units slightly below market price for cash flow..if do both what I say above easily u can hold for 5 years

For slightly outskirts location like rawang , semenyih if u hold landed for long term I don't think the price will drop much...u might burn hand if u buy high rise in those location..for landed it already dirt cheap still have room to appreciate
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hint hint Wybee and his family (inclusive of relatives), not one shot bought 10 units, these ppl got care investment fail or not? think harder these kind of ppl are walloping the project or not?

most probably 1 units auntie, mother and father share loan, share purchase goreng.. not 1 dude alone buy all..
bearbearwong
post Jul 30 2014, 12:38 AM

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QUOTE(Jliew168 @ Jul 30 2014, 12:13 AM)
If he can buy 10 units rm2500 is nothing la..somemore if he buy 10 units easily he put 30% for every unit for ltv requirement...

Based on original price his loan amount might be 210k to 250k per unit...market now around 530k ..if he sell for 500 easily he can get back 250k cash
Let say if I don't wan to sell, with my current loan amount and market value I can easily restructure with bank without any problem..
If the price drop to 450k he still making handsome profit.. biggrin.gif
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tell you what try sell at 500k see got improvement in occupancy rates or not first... mentality cannot like that.. market 550k, you sell 530k sure waterfish fast fast come and buy.. 20k dun draw much attention 50k or 80k, that draw alot..
Jliew168
post Jul 30 2014, 12:44 AM

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QUOTE(bearbearwong @ Jul 30 2014, 12:36 AM)
hint hint Wybee and his family (inclusive of relatives), not one shot bought 10 units, these ppl got care investment fail or not? think harder these kind of ppl are walloping the project or not?

most probably 1 units auntie, mother and father share loan, share purchase goreng.. not 1 dude alone buy all..
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I not encourage share purchase goreng..but share purchase also got advantage geh at least share burden...

For green terrain if market really bad may be but I think very less possible can down to 480k (I not familiar with that location) but if market not that bad as we wish I don't think the price will drop since 500k-550k still the strongest segment that majority can afford
bearbearwong
post Jul 30 2014, 12:55 AM

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QUOTE(Jliew168 @ Jul 30 2014, 12:44 AM)
I not encourage share purchase goreng..but share purchase also got advantage geh at least share burden...

For green terrain if market really bad may be but I think very less possible can down to 480k (I not familiar with that location) but if market not that bad as we wish I don't think the price will drop since 500k-550k still the strongest segment that majority can afford
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good we have meeting points on this issue, the 500k falls withing the ambit of affordability which is the strongest segments, but with current climate uncertainty, these segments seize buying and wait..

the end game of this is owners service more and the more time gone, more loans serviced, and the selling price will cut even with the profit.. either you profit less or no profit... and units getting old, high rise in KL is a trend..
Dern
post Jul 30 2014, 01:21 AM

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QUOTE(Jliew168 @ Jul 29 2014, 10:35 PM)
Oops for your knowledge he hire me immediately and within one year company profit grow 30% and after 4 years I set up my own company and my company profit is double than my ex after one year operation... tongue.gif

I might not good in economy and no MBA ya but I think I good in making money , good marketing , good sales person and have a good network buddy ya haha  tongue.gif  icon_rolleyes.gif
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then confirm lah, your answer is BS biggrin.gif
Dern
post Jul 30 2014, 01:22 AM

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QUOTE(Jliew168 @ Jul 29 2014, 10:47 PM)
Wow u r the lucky one, your boss still give u increment

U should not shout here otherwise a lots people will  jealous le  tongue.gif
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what is there too be jealous ah ? yaloh, maybe you admit ur stupid might be true.... biggrin.gif
Dern
post Jul 30 2014, 01:25 AM

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QUOTE(icemanfx @ Jul 29 2014, 11:08 PM)
If what your claimed is true, you could afford to invest overseas.
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iceman,

you really believe it's true ? if it's true i can earn eight figure lah.... biggrin.gif

you cant take whatever they say seriously. it's just for entertainment afterall. most of the ppl here take it that way.
icemanfx
post Jul 30 2014, 03:09 AM

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QUOTE(Tigerr @ Jul 29 2014, 11:34 PM)
u got developer friends boh??? u know what the develop think and do boh??? who will build for charity??

Can u please list out how many PR1MA project has been launched n start contruction stage????

Developer enjoying the margins they have now, u think they will go slash it? Similar like will u go ask your boss cut your salary???  icon_idea.gif
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Construction of a typical condo is between rm120/ft2 to rm150/ft2, even 10% increased is marginal to selling price.

QUOTE(Jliew168 @ Jul 30 2014, 12:13 AM)
If he can buy 10 units rm2500 is nothing la..somemore if he buy 10 units easily he put 30% for every unit for ltv requirement...

Based on original price his loan amount might be 210k to 250k per unit...market now around 530k ..if he sell for 500 easily he can get back 250k cash
Let say if I don't wan to sell, with my current loan amount and market value I can easily restructure with bank without any problem..
If the price drop to 450k he still making handsome profit.. biggrin.gif
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Property game is not new, if this could work out, people in property trade (i.e. developers, contractors, suppliers) would have practice it years ago. Why developers need to have pre-launch, soft launch, launch in phases, dibs, low entry, etc?

QUOTE(Dern @ Jul 30 2014, 01:25 AM)
iceman,

you really believe it's true ? if it's true i can earn eight figure lah.... biggrin.gif

you cant take whatever they say seriously. it's just for entertainment afterall. most of the ppl here take it that way.
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No, I don't believe him, he is just another over stretched flippers. His real game will start when his properties become vp, starting to pay installments.

This post has been edited by icemanfx: Jul 30 2014, 08:22 AM
SUSgogo2
post Jul 30 2014, 08:47 AM

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Thanks guys for supporting this thread. V8 is ready now:-

https://forum.lowyat.net/topic/3304381
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