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 Multiple Signs of Malaysia Property Bubble V12, Areas Klang valley & Johor

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AppreciativeMan
post Oct 23 2014, 02:36 PM

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QUOTE(bearbearwong @ Oct 23 2014, 02:17 PM)
i dun fancy staying there.. maybe you tell us your successful stories
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KNS..... U looking at OKR prop...... U dare to say U DUN FANCY staying in Tmn Desa??? Cannot afford say cannot afford la......... doh.gif doh.gif doh.gif
bcpbeancounter
post Oct 23 2014, 02:37 PM

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QUOTE(bearbearwong @ Oct 23 2014, 02:35 PM)
why you say so? I look down?
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you said don fancy to stay there mah...old area right?
TSbearbearwong
post Oct 23 2014, 02:37 PM

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QUOTE(AppreciativeMan @ Oct 23 2014, 02:36 PM)
KNS..... U looking at OKR prop...... U dare to say U DUN FANCY staying in Tmn Desa??? Cannot afford say cannot afford la.........  doh.gif  doh.gif  doh.gif
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i just started comparing... those with cheras props and kajang props..
bcpbeancounter
post Oct 23 2014, 02:37 PM

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QUOTE(AppreciativeMan @ Oct 23 2014, 02:36 PM)
KNS..... U looking at OKR prop...... U dare to say U DUN FANCY staying in Tmn Desa??? Cannot afford say cannot afford la.........  doh.gif  doh.gif  doh.gif
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bear bear you see....i just put in a nicer way.
Tigerr
post Oct 23 2014, 02:37 PM

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QUOTE(bcpbeancounter @ Oct 23 2014, 02:30 PM)
i guess thing that he cannot afford is bubble.  doh.gif
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I now think jobs he cannot afford he ll label it non skill or low skill.....
doh.gif
ManutdGiggs
post Oct 23 2014, 02:39 PM

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QUOTE(bearbearwong @ Oct 23 2014, 02:37 PM)
i just started comparing... those with cheras props and kajang props..
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No need compare. Tell me wat u wan. I can help.
bcpbeancounter
post Oct 23 2014, 02:39 PM

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QUOTE(bearbearwong @ Oct 23 2014, 02:37 PM)
i just started comparing... those with cheras props and kajang props..
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tmn desa to connaugh 5 min nia if no jam.
bcpbeancounter
post Oct 23 2014, 02:41 PM

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QUOTE(ManutdGiggs @ Oct 23 2014, 02:39 PM)
No need compare. Tell me wat u wan. I can help.
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he wan money. can help?
AppreciativeMan
post Oct 23 2014, 02:42 PM

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[quote=bearbearwong,Oct 23 2014, 02:34 PM]
[quote=AppreciativeMan,Oct 23 2014, 02:28 PM]
KNN....... U are the one who says old condo price wont appreciate mah..... doh.gif doh.gif doh.gif

ya, did I say bubble?

And your definition of bubble also very funny..... people buy at 200k-300k then means no bubble for them.... on the same condo ppl buy at 500k-600k then means bubble for for them..... So your bubble definition is for ppl bubble or for prop bubble???......

property does goes in time as mention and agreed before, the pace is different..

guys holding 200k to 300k are built up with burden of 1500 installments, and flip to 500k or more,

guys holding 500k to 600k condos are having how much of burden? what is their next selling price? 700k to 800k?

now you which is riskier? those ppl holding the lower tier properties how to bubble? you guys holding 600k and 500k bubble first isn't? they can sell below 500k and as long more than 200k and 300k.. you guys can afford or not selling below 500K?

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[/quote]
The number of units is already fix in a project.... Regardless in between how many ppl buy or sell..... It is also means the number of ppl holding the prop is equivilent too...... So if u are buying into that proj, why does it bothers u who buys at what price??...... rclxub.gif rclxub.gif

Or u mean, when a proj hav more new purchaser.... The proj is more easy to hav bubble???...... laugh.gif thumbup.gif

Eg, Tmn Desa Faber Height..... If now hav lotsa units changing hands or transacted..... So the Condo will hav bubble??.... tongue.gif tongue.gif

This post has been edited by AppreciativeMan: Oct 23 2014, 02:48 PM
bcpbeancounter
post Oct 23 2014, 02:43 PM

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QUOTE(ManutdGiggs @ Oct 23 2014, 02:36 PM)
Then its easy liao. Dun go to banks. Go get ah long.
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good idea... but ah long may scare of him too!
ManutdGiggs
post Oct 23 2014, 02:50 PM

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QUOTE(bcpbeancounter @ Oct 23 2014, 02:41 PM)
he wan money. can help?
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Can help. No prob.
QUOTE(bcpbeancounter @ Oct 23 2014, 02:43 PM)
good idea... but ah long may scare of him too!
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No sked no sked. V form a lyn ah long sdn bhd. V gather fund loan to bro bear. 3% lower than bank. Per mth
CloudAtla$
post Oct 23 2014, 02:51 PM

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Knn..so many bad news for bear bear!!


Outcry over GST on property unnecessary

Thursday, 23 October 2014


KUALA LUMPUR: The hullabaloo surrounding the impact of the goods and services tax (GST) on the property sector is unnecessary as it will be a one-off event and given time, the market will find its own level based on demand and supply, said four property consultants.

Association of Valuers, Property Managers, Estate Agents and Property Consultants (PEPS) president Datuk Siders Sittampalam said it was impossible for anyone to be specific about the quantum of increase in house prices as a result of GST.

“It is about 4% but it will be a one-off thing so house buyers should not be overly excited about it,” he said.

“By and large, there will be an immediate impact in the first couple of months but after that the market will find its level as a result of demand and supply,” said Siders during a press conference at the 24th National Real Estate Convention themed Real Estate in 2014: Issues, Perceptions and Review.

Siders is also property consultancy PPC International Sdn Bhd managing director.




Siders: 'It is about 4% but it will be a one-off thing so house buyers should not be overly excited about it.'

There seems to be “a bit of confusion” with regards the GST with differing opinions with regards the quantum of increase on the different property segments, said PEPS vice president Foo Gee Jen.

He said the GST would play a part in raising prices but in the long run, it was the consumer who would decide whether he wanted to buy or not.

“If the consumer is not going to pay, the developer will have to absorb not only the GST but others costs as well. However, in the immediate three months or so after April 1, when the GST is imposed, there will be an immediate impact.”

Foo, who is also C H Williams, Talhar & Wong Sdn Bhd managing director, said he expected prices of the residential segment to increase by 4% and commercial developments by more than 6%.A greater concern, said Foo, would be the commercial sub-segment.

A couple of weeks ago, it was reported that the Customs Department expected a 0.5% to 2% increase in house prices while the Real Estate and Housing Developers’ Association Malaysia maintained a 2.6% increase.

Organising chairman of the event Datuk Seri Mani Usilappan suggested property buyers to consider the secondary market if they want to avoid the GST element.






“About 80% of residential transactions are in the secondary market so if they do not want to pay GST, they should consider the secondary market,” Mani said.

On the overall high property prices, Mani said prices would dip if the economy did not perform, as there was strong correlation between the property market and the gross domestic product.

“Besides, the high prices are confined to the Klang Valley.

“The property markets in Ipoh and Johor Baru have been sleeping for a long time. It is only of late that prices are increasing.

“The thing is 90% of the attention is on the Klang Valley while 90% of the population are outside the Klang Valley,” said Mani.

bcpbeancounter
post Oct 23 2014, 02:52 PM

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QUOTE(ManutdGiggs @ Oct 23 2014, 02:50 PM)
Can help. No prob.

No sked no sked. V form a lyn ah long sdn bhd. V gather fund loan to bro bear. 3% lower than bank. Per mth
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ok ok .... you organise a charity run to save bear bear.... i bring my whole family to support! tongue.gif
CloudAtla$
post Oct 23 2014, 02:52 PM

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But bear bear says GST will bull doze property price down. doh.gif
AppreciativeMan
post Oct 23 2014, 02:53 PM

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QUOTE(bearbearwong @ Oct 23 2014, 02:37 PM)
i just started comparing... those with cheras props and kajang props..
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Compare living environment first before comparing prop la..... doh.gif doh.gif
CloudAtla$
post Oct 23 2014, 02:54 PM

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QUOTE(bcpbeancounter @ Oct 23 2014, 02:52 PM)
ok ok .... you organise a charity run to save bear bear.... i bring my whole family to support! tongue.gif
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If I reali see this useless bear in reality, I ask my maid use a broom to whack him go far far away.. dis bear bring bad luck to who ever near him.

This post has been edited by CloudAtla$: Oct 23 2014, 03:01 PM
bcpbeancounter
post Oct 23 2014, 02:55 PM

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QUOTE(CloudAtla$ @ Oct 23 2014, 02:52 PM)
But bear bear says GST will bull doze property price down. doh.gif
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4 consultant Vs 1 bear bear. bear2 geng!
AppreciativeMan
post Oct 23 2014, 02:56 PM

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QUOTE(bcpbeancounter @ Oct 23 2014, 02:55 PM)
4 consultant Vs 1 bear bear. bear2 geng!
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got to eat more pork liver and do exercise more often liao...... sweat.gif sweat.gif sweat.gif
bcpbeancounter
post Oct 23 2014, 02:58 PM

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QUOTE(CloudAtla$ @ Oct 23 2014, 02:54 PM)
If I reali see this useless bear in reality, I ask my maid use a broom to whack him go far far away..  dis bear bring back luck to who ever near him.
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vmad.gif
CloudAtla$
post Oct 23 2014, 03:00 PM

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Bear bear nxt target is to buy prop 6% higher price after GST. thumbup.gif

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