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Investment PROPERTY PRICES TO KEEP RISING, Government increases all Prop Biz Costs

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bearbearwong
post Aug 1 2014, 11:54 AM

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QUOTE(JamesPond @ Aug 1 2014, 11:12 AM)
I think bank approval is being strict is good as it giving chance for 1st time buyer. Hence, for 1st time buyer, it is an opportunities here but not many are daring. That is the problem but sooner or later, they will adapt to it.
*
not necessary the consumer need to adapt.. mb the investors can also adapt to price discounts in future.. coz many empty units and keep servicing the bank with increase interest rates and inflation ...

you really think the market are comprised of strong holding developers/sopecualtors? just wondering why bank negara need to introduce DSR then? since all are strong holding powers right?
Kevin Chan
post Aug 1 2014, 11:55 AM

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Attached Image

First they set the trap to lure dumb fish into the cove ... bank offer cheap credit ! (EPF own bank)

Attached Image

Then they constrict the area by panicking then fish so they cluster together ... bubble story/ price increase story/ developer cannot sustain (EPF owned developer)

Attached Image

Then its harvest time ... interest is increase to kill off borrower and transfer their wealth (property) to them self.


Bank lose nothing since they have already pay off the property from the start at the OLD price, Developer has already made their profit and Government already took their cut on stamping.

Then we recycle the entire game by offering easy credit again, the old stock collected get sold off at above purchase price as inflation would naturally push the price up. ohh forget loan can be written off as NPL, pure profit from the asset sale.

if you understand the game then you can play the game ... else you dumb fish loh ! rolleyes.gif
WannaGetBuffed
post Aug 1 2014, 11:57 AM

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If property sector tanks will accetera be out of job?
Zelphon
post Aug 1 2014, 11:58 AM

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Market crash is always unexpected..

When everyone keep screaming for market crash.. Property price drop..

DO YOU THINK IT WILL HAPPEN??

When everyone keep saying oversupply, market price drip etc..
Market sentiments is already perceived and all developers, authorities, banks will move in to cool and stabilize the market..

Same thing in Singapore...

Govt implement 9 cooling measures to stablize the mkt...
With the worst of all measures.. TDSR...
Yet property price in general did not fall much...
Only those super high end luxury properties fell in price..





TOMEI-R
post Aug 1 2014, 12:00 PM

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QUOTE(Kevin Chan @ Aug 1 2014, 11:55 AM)
Attached Image

First they set the trap to lure dumb fish into the cove ... bank offer cheap credit ! (EPF own bank)

Attached Image

Then they constrict the area by panicking then fish so they cluster together ... bubble story/ price increase story/ developer cannot sustain (EPF owned developer)

Attached Image

Then its harvest time ... interest is increase to kill off borrower and transfer their wealth (property) to them self.
Bank lose nothing since they have already pay off the property from the start at the OLD price, Developer has already made their profit and Government already took their cut on stamping.

Then we recycle the entire game by offering easy credit again, the old stock collected get sold off at above purchase price as inflation would naturally push the price up. ohh forget loan can be written off as NPL, pure profit from the asset sale.

if you understand the game then you can play the game ... else you dumb fish loh !  rolleyes.gif
*
rclxms.gif
bearbearwong
post Aug 1 2014, 12:01 PM

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QUOTE(Kevin Chan @ Aug 1 2014, 11:55 AM)
Attached Image

First they set the trap to lure dumb fish into the cove ... bank offer cheap credit ! (EPF own bank)

Attached Image

Then they constrict the area by panicking then fish so they cluster together ... bubble story/ price increase story/ developer cannot sustain (EPF owned developer)

Attached Image

Then its harvest time ... interest is increase to kill off borrower and transfer their wealth (property) to them self.
Bank lose nothing since they have already pay off the property from the start at the OLD price, Developer has already made their profit and Government already took their cut on stamping.

Then we recycle the entire game by offering easy credit again, the old stock collected get sold off at above purchase price as inflation would naturally push the price up. ohh forget loan can be written off as NPL, pure profit from the asset sale.

if you understand the game then you can play the game ... else you dumb fish loh !  rolleyes.gif
*
+1... the fish now are in the hot soups, waiting potential buyers to scoop them out.. if buyers want and they dont sell high price
TOMEI-R
post Aug 1 2014, 12:02 PM

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QUOTE(bearbearwong @ Aug 1 2014, 12:01 PM)
+1... the fish now are in the hot soups, waiting potential buyers to scoop them out.. if buyers want and they dont sell high price
*
That is provided the "fishes" manage to get a loan for it. icon_idea.gif
bearbearwong
post Aug 1 2014, 12:03 PM

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QUOTE(Zelphon @ Aug 1 2014, 11:58 AM)
Market crash is always unexpected..

When everyone keep screaming for market crash.. Property price drop..

DO YOU THINK IT WILL HAPPEN??

When everyone keep saying oversupply, market price drip etc..
Market sentiments is already perceived and all developers, authorities, banks will move in to cool and stabilize the market..

Same thing in Singapore...

Govt implement 9 cooling measures to stablize the mkt...
With the worst of all measures.. TDSR...
Yet property price in general did not fall much...
Only those super high end luxury properties fell in price..
*
in fact Singapore property falls.. remember Singapore is a country of limited lands, so property should never be enough like Hong kong, Malaysia over here has many lands, we have yet to reach reclamation zone like hong kong to demonstrate the lack of lands... even then Hong Kong and Singapore property drops

if it so, care to explain why there are so many vacant units upon vp ? even with strict measures?
SUSgogo2
post Aug 1 2014, 12:03 PM

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QUOTE(Zelphon @ Aug 1 2014, 11:58 AM)
Market crash is always unexpected..

When everyone keep screaming for market crash.. Property price drop..

DO YOU THINK IT WILL HAPPEN??

When everyone keep saying oversupply, market price drip etc..
Market sentiments is already perceived and all developers, authorities, banks will move in to cool and stabilize the market..

Same thing in Singapore...

Govt implement 9 cooling measures to stablize the mkt...
With the worst of all measures.. TDSR...
Yet property price in general did not fall much...
Only those super high end luxury properties fell in price..
*
I think you're right too. But if oversupply is too much, even with anticipation, it would be catastrophic.

But PRIME area won't crash la. Example is Manhattan and San Francisco won't drop much eventhough property crash in USA.

So this means that R&F Princess Cove won't drop price eventhough whole Iskandar drop price.
bearbearwong
post Aug 1 2014, 12:05 PM

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QUOTE(TOMEI-R @ Aug 1 2014, 12:02 PM)
That is provided the "fishes" manage to get a loan for it.  icon_idea.gif
*
the fishes before cooling measures are without safeguard like DIBS & easy credits(without DSR 70%) , further more, interest rates on surge already and coming september too and also GST.. which will hit from all angle

the fishes also loses it pools of candidate wherein gov chop off the foreigner to purchase below 1 million

properties below 1 million? they are the most in d market.. making 80% of it..
TOMEI-R
post Aug 1 2014, 12:06 PM

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QUOTE(gogo2 @ Aug 1 2014, 12:03 PM)
I think you're right too. But if oversupply is too much, even with anticipation, it would be catastrophic.

But PRIME area won't crash la. Example is Manhattan and San Francisco won't drop much eventhough property crash in USA.

So this means that R&F Princess Cove won't drop price eventhough whole Iskandar drop price.
*
Simple economics,

When demand > stocks = High price
When demand < stocks = Low price,

No?
bearbearwong
post Aug 1 2014, 12:07 PM

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QUOTE(gogo2 @ Aug 1 2014, 12:03 PM)
I think you're right too. But if oversupply is too much, even with anticipation, it would be catastrophic.

But PRIME area won't crash la. Example is Manhattan and San Francisco won't drop much eventhough property crash in USA.

So this means that R&F Princess Cove won't drop price eventhough whole Iskandar drop price.
*
prime areas developments are so expensive, where got room to speculate..these buyers are really got holding powers..

target is outskirts investors.. hehe rclxms.gif .. cannot afford prime areas, buy outskirt la, buy property sure untung.. can flip upon vp .. rclxm9.gif

TSaccetera
post Aug 1 2014, 12:08 PM

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Just got news that KLCC will be seeing first RM3,500psf proposed project! (not land psf)

This post has been edited by accetera: Aug 1 2014, 12:08 PM
SUSgogo2
post Aug 1 2014, 12:08 PM

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QUOTE(TOMEI-R @ Aug 1 2014, 12:06 PM)
Simple economics,

When demand > stocks = High price
When demand < stocks = Low price,

No?
*
Yessir. I think its as simple as that. If got sui yi = high price. If no sui yi = low price.

The reason price is sky high because a lot of people keep on propping up the property price scared cannot buy in the future.

But now the people want to prop up also cannot because bank cannot loan u money. cry.gif When will my condo become RM1.4mil? rclxub.gif
bearbearwong
post Aug 1 2014, 12:10 PM

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QUOTE(TOMEI-R @ Aug 1 2014, 12:06 PM)
Simple economics,

When demand > stocks = High price
When demand < stocks = Low price,

No?
*
very hard to understand..

demand . stocks= high price
demand , stock= low price

have you define demand first or not?

demand not supported with affordability, actual power to buy is not a demand

it is mere wish to buy... these ppl who cant afford can demand forever but cant buy..

so does your simple economic taken into these factors?

bearbearwong
post Aug 1 2014, 12:11 PM

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QUOTE(accetera @ Aug 1 2014, 12:08 PM)
Just got news that KLCC will be seeing first RM3,500psf proposed project! (not land psf)
*
mature areas... the ritz carlton residence and class AA office touch 3 k psq that day..
MishimaZ
post Aug 1 2014, 12:30 PM

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QUOTE(WannaGetBuffed @ Aug 1 2014, 11:57 AM)
If property sector tanks will accetera be out of job?
*
Eh, I thought he works for free and it is his passion to spread news without money???

Which I highly doubt so....

» Click to show Spoiler - click again to hide... «

It will happen, just not yet.

Singapore is similar yet so much different than Malaysia. Singapore has foreign investors coming in and keep investing but Malaysia on the other hand has good investor outflow. So can't compare.

But when recession comes, countries like Singapore will kek sam much more.

QUOTE(accetera @ Aug 1 2014, 12:08 PM)
Just got news that KLCC will be seeing first RM3,500psf proposed project! (not land psf)
*
Not for locals tho. laugh.gif

hungerybaby
post Aug 1 2014, 12:35 PM

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QUOTE(Kevin Chan @ Aug 1 2014, 11:55 AM)
Attached Image

First they set the trap to lure dumb fish into the cove ... bank offer cheap credit ! (EPF own bank)

Attached Image

Then they constrict the area by panicking then fish so they cluster together ... bubble story/ price increase story/ developer cannot sustain (EPF owned developer)

Attached Image

Then its harvest time ... interest is increase to kill off borrower and transfer their wealth (property) to them self.
Bank lose nothing since they have already pay off the property from the start at the OLD price, Developer has already made their profit and Government already took their cut on stamping.

Then we recycle the entire game by offering easy credit again, the old stock collected get sold off at above purchase price as inflation would naturally push the price up. ohh forget loan can be written off as NPL, pure profit from the asset sale.

if you understand the game then you can play the game ... else you dumb fish loh !  rolleyes.gif
*
thumbup.gif
TOMEI-R
post Aug 1 2014, 12:36 PM

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QUOTE(bearbearwong @ Aug 1 2014, 12:10 PM)
very hard to understand..

demand . stocks= high price
demand , stock= low price

have you define demand first or not?

demand not supported with affordability, actual power to buy is not a demand

it is mere wish to buy... these ppl who cant afford can demand forever but cant buy..

so does your simple economic taken into these factors?
*
When I said demand, it means demand from people who could afford to buy. When you could not afford to buy, there is no demand from you. No? nod.gif
SUSgogo2
post Aug 1 2014, 12:37 PM

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QUOTE(TOMEI-R @ Aug 1 2014, 12:36 PM)
When I said demand, it means demand from people who could afford to buy. When you could not afford to buy, there is no demand from you. No?  nod.gif
*
That is called Wish.

Normally its DEMAND and SUPPLY.

Not WISH and SUPPLY laugh.gif

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