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

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bcpbeancounter
post Oct 25 2014, 09:52 PM

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QUOTE(MaiGehGeh @ Oct 25 2014, 09:20 PM)
U guys so many to tiok?  hmm.gif
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Tiok banana jek....you think what?
tnang
post Oct 25 2014, 11:08 PM

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QUOTE(bcpbeancounter @ Oct 25 2014, 09:52 PM)
Tiok banana jek....you think what?
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After all this bet, some uuu and ddd no bAnAna....hahahah
chenster
post Oct 25 2014, 11:12 PM

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what will gst affect malaysian property?
will gst includes in the lawyer fees and stamd duties?
Tigerr
post Oct 25 2014, 11:27 PM

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Sure effect. Price uuu lor
HuiChyr
post Oct 25 2014, 11:28 PM

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QUOTE(CloudAtla$ @ Oct 18 2014, 09:10 PM)
His othr comrade oso missin. Mz chi kit dis comrade to come back. Woi..MsHuiChyr, baNaNa, u all yak chiew mou yi hei. One gone missin, anothr jump ship. Go yaksi la.
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Wah ... Gay Boy acting like hero ah? You think your gay bashing days are over ah? Hahaha....
Been scanning thru' your comments .. since you like to be gay-bash ...Here I am?

Hahaha ... this is call guerilla attack. Build your confidence up then trash you down.
That's what your daddy did to you last time right?
Everytime you open your foul mouth, he shove his pen!s inside and give you a mouth full...hahaha...
No wonder you so psychotic la.... laugh.gif

But you love it, right? brows.gif
Cloudatla$ = THe $perm Lover.
( You see what I did there .... instead of 'S' is use '$' .... U know why? Bcoz you use $perm to pay your Sperm bank loan mah .... hahahaha.....)

IT's GONNA BE GREAT WEEKENDS GUY. SO STICK AROUND FOR GAY BASHING

TSbearbearwong
post Oct 26 2014, 01:17 AM

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QUOTE(AppreciativeMan @ Oct 25 2014, 08:01 PM)
Yeah.... U be reasonable too...... Its not majority going through undertable to get tat valuation...... Its jus very minority...... whistling.gif  whistling.gif

And whether bank tightening or not..... One of the factors that they loosen lending will be because they foresee good economy ahead (at least in the next 3-5 yrs).....   cool2.gif  cool2.gif
Bank study risk better than u la.... if u wants to teach them what to do..... work with them and proven to them u hav that capability first lor......  whistling.gif  whistling.gif
*
very monority , still a debatable issue, not big numbers is a better word.

but that is a very great problem in property and very subjective..

say GT208 selling 550k , valuation only reach 550k

then got 1 joker come and buy and interested, but do not have enough cash in hand, but exhibit loan ability to borrow loans worth 550k or even 600k

so, how to go about it? easy, valuers and agents will be there and say "where there is a will, there will be a way, furthermore, when one need to buy property and we need to hit our sales target, even if you need the god to come down we will also serve you"

such as owners marking up price to 600k, under table valuers 550k now become 600k, if you want 650k also no problem..

so 600k loan was disbursed to owners/seller, of course this is/maybe one off incident by under table, but problem is it only takes 1 case to have transacted at 600k , and the new market price is now 600k for all the units waiting for sale.. at this point, these case are no longer consider marked up after the first went through, this is precedent price..

it only takes a few/very minority if you like, but the effect will be horrible, just try 2 more under table transaction like this on top of the distorted values, then we have the idea ( 5-10% increment yearly even though bull run is over syndrome) , and the other follows, bull fever is not over yet, though we may have low transaction, price still going up, yup I see that going up rclxms.gif , Malaysia GDP /economy damm good

now you see where I am coming from despite very little/ very minority transaction?

This post has been edited by bearbearwong: Oct 26 2014, 01:20 AM
TSbearbearwong
post Oct 26 2014, 01:34 AM

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and yup bank really did better study than anyone of us, just the implementation what...

I also see LRT business so good, KTM too so good, even laws of our country so good, we are just behind UK in everything, but still we making loss in LRT, KTM and law of course..

even you take company, shareholder and management are different ppl, the management are merely workers, some be high rank and some be low rank, money is not thiers, as long as they can show to shareholder in their term of service maybe 10 years before retire/changing that they have projected profits for the next few years to come, they discharge their duty already..

companies like Lehman bros are also made with good safeguards/study have they not? but the truth is that they collapse..

to share further with you, we have non executive directors, internal audits, external audits, and etc to protect interest of share holders, so has all these body perform what they they should do?

actually now tightening lending means economy not good? the increase of OPR clearly means gov want the public to use lending with care not just taking debt due to cheap interest..

enough is said, I think you have better appreciation of what has been mention, especially on the under table but in minority numbers
Jliew168
post Oct 26 2014, 01:37 AM

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QUOTE(bearbearwong @ Oct 26 2014, 01:34 AM)
and yup bank really did better study than anyone of us, just the implementation what...

I also see LRT business so good, KTM too so good, even laws of our country so good, we are just behind UK in everything, but still we making loss in LRT, KTM and law of course..

even you take company, shareholder and management are different ppl, the management are merely workers, some be high rank and some be low rank, money is not thiers, as long as they can show to shareholder in their term of service maybe 10 years before retire/changing that they have projected profits for the next few years to come, they discharge their duty already..

companies like Lehman bros are also made with good safeguards/study have they not? but the truth is that they collapse..

to share further with you, we have non executive directors, internal audits, external audits, and etc to protect interest of share holders, so has all these body perform what they they should do?

actually now tightening lending means economy not good? the increase of OPR clearly means gov want the public to use lending with care not just taking debt due to cheap interest..

enough is said, I think you have better appreciation of what has been mention, especially on the under table but in minority numbers
*
So after long explanation , all this issit related to u? Benefit u ?
TSbearbearwong
post Oct 26 2014, 01:37 AM

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and those interested, Good view heights if not mistaken launch phase 2, 738k instead of 728k,

so as some bro are very happy with paper gain, here you go 10k paper benefit and I assure you no one can buy from you 723k

and those especially who mention going 1 million, here is your chance again, dont miss chance to gain 250k plus next year you can reap the profit already, but courtesy to government 30% RPGT till October 2017 rclxms.gif

This post has been edited by bearbearwong: Oct 26 2014, 01:39 AM
Jliew168
post Oct 26 2014, 01:45 AM

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QUOTE(bearbearwong @ Oct 26 2014, 01:37 AM)
and those interested, Good view heights if not mistaken launch phase 2, 738k instead of 728k,

so as some bro are very happy with paper gain, here you go 10k paper benefit and I assure you no one can buy from you 723k

and those especially who mention going 1 million, here is your chance again, dont miss chance to gain 250k plus next year you can reap the profit already, but courtesy to government 30% RPGT till October 2017  rclxms.gif
*
I think property will UUUUU again, i will sell my share n convert to property if I found property that I like
Jliew168
post Oct 26 2014, 01:45 AM

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Double

This post has been edited by Jliew168: Oct 26 2014, 01:46 AM
TSbearbearwong
post Oct 26 2014, 01:46 AM

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QUOTE(Jliew168 @ Oct 26 2014, 01:45 AM)
I think property will UUUUU again, i will sell my share n convert to property if I found property that I like
*
sell Midfields and bank this, sure to naik to 1 million according to some forumers
Jliew168
post Oct 26 2014, 01:48 AM

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QUOTE(bearbearwong @ Oct 26 2014, 01:46 AM)
sell Midfields and bank this, sure to naik to 1 million according to some forumers
*
Midfield under construction cannot sell la....I don't like kajang area..

Own stay aside , if I want buy for investment I will go for SEH or EM
TSbearbearwong
post Oct 26 2014, 02:01 AM

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QUOTE(Jliew168 @ Oct 26 2014, 01:48 AM)
Midfield under construction cannot sell la....I don't like kajang area..

Own stay aside , if I want buy for investment I will go for SEH or EM
*
no wonder, same thing i thought about those jokers there too, but was denied completely, this project is made of better location, but it is BTS, less attractive right?

see can transfer and sell or not, like that you loan released and can buy sumore lor.. rclxms.gif , mere suggestion.. Mahso\ing, lakeview at Taman Wahyu need you help too, they selling 700k after rebate 1000sq.. rclxms.gif good deal
ManutdGiggs
post Oct 26 2014, 05:12 AM

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Bro bear u r the man. ur joke has made my day. I'm sure I ll b on podium later in the marathon. Gambatei thumbup.gif
tan guat bee
post Oct 26 2014, 06:45 AM

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Basically malaysian salary scales need to be elevated... "Aiyo...When we earn peanuts...
still want to play play property investments"

Too bad average malaysian monthly pay scale remains at average 5-6K (urban or at 8-9K or higher 12-15K) ; BUT especially when it comes to the crunch, most investors don't really have the confidence or sufficient resources to hold.

Evidently weaknesses at the seams of the bubble is showing ...as the outward pressure mounts up. Already we begin to see signs of desperation in subselling.

Sorry to say the "bearing fruit season" for properties is over.... until the economy readjusts.

Reality will set-in eventually...very soon.

Examine the REAL PROFIT GAIN vs INFLATED PROPERTY PRICE ratio...

Eg. People used to be happy when they gained 50K when selling their 200K property.
Nowadays, when you gain 100K ... so what?

To get same satisfaction today... I need 350K gain when I sell my 800K condo!!!

Rpgt, gst, interests, bank penalty, discounts, transfers, stamping, legal charges and agent fees... really not easy making $$.

Sale prices are really expensive but rental prices rather too low. Sometimes with 800K or 1M,
we can buy better quality house in Australia than locally.

There is no such thing as gain, gain, gain in real estates... year after year.
Speculation is gambling. Smart investors know how to set targets / source bank financing - cash & loans / hedge their investments / take risks / know when to run.

"Don't play play" ..."Who will pity you when bubble burst? rclxub.gif

This post has been edited by tan guat bee: Oct 26 2014, 07:24 AM
zuiko407
post Oct 26 2014, 08:47 AM

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Bear bear if you buy next year, I tiok.
If u buy this year, I donate 100k to charity
Tigerr
post Oct 26 2014, 08:51 AM

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QUOTE(bearbearwong @ Oct 26 2014, 01:17 AM)
very monority , still a debatable issue, not big numbers is  a better word.

but that is a very great problem in property and very subjective..

say GT208 selling 550k , valuation only reach 550k

then got 1 joker come and buy and interested, but do not have enough cash in hand, but exhibit loan ability to borrow loans worth 550k or even 600k

so, how to go about it? easy, valuers and agents will be there and say "where there is a will, there will be a way, furthermore, when one need to buy property and we need to hit our sales target, even if you need the god to come down we will also serve you"

such as owners marking up price to 600k, under table valuers 550k now become 600k, if you want 650k also no problem..

so 600k loan was disbursed to owners/seller, of course this is/maybe one off incident by under table, but problem is it only takes 1 case to have transacted at 600k , and the new market price is now 600k for all the units waiting for sale.. at this point, these case are no longer consider marked up after the first went through, this is precedent price..

it only takes a few/very minority if you like, but the effect will be horrible, just try 2 more under table transaction like this on top of the distorted values, then we have the idea ( 5-10% increment yearly even though bull run is over syndrome) , and the other follows, bull fever is not over yet, though we may have low transaction, price still going up, yup I see that going up  rclxms.gif , Malaysia GDP /economy damm good

now you see where I am coming from despite very little/ very minority transaction?
*
Bbw. Talk is cheap. If u dont have money to buy at 550. If u jack up valuation to 600k also u not qualify as your 70% DSR is limiting u.

So if Green terrain one joker jack up the valuation to 650k n buy it. Will u think the rest will be selling at 650k or more too? As u said 550k also no takers, how to sell 650k? U r not owners n thus u dont understand how to sell things. If I ask u jack up your gf sister birdnest,, will u now set a new price for your bird nest? Other customers ll accept because it is a new market price?

if GT become 650k. Buyers ll compare with other condo around with the price range? No???

Tigerr
post Oct 26 2014, 08:53 AM

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QUOTE(bearbearwong @ Oct 26 2014, 01:34 AM)
and yup bank really did better study than anyone of us, just the implementation what...

I also see LRT business so good, KTM too so good, even laws of our country so good, we are just behind UK in everything, but still we making loss in LRT, KTM and law of course..

even you take company, shareholder and management are different ppl, the management are merely workers, some be high rank and some be low rank, money is not thiers, as long as they can show to shareholder in their term of service maybe 10 years before retire/changing that they have projected profits for the next few years to come, they discharge their duty already..

companies like Lehman bros are also made with good safeguards/study have they not? but the truth is that they collapse..

to share further with you, we have non executive directors, internal audits, external audits, and etc to protect interest of share holders, so has all these body perform what they they should do?

actually now tightening lending means economy not good? the increase of OPR clearly means gov want the public to use lending with care not just taking debt due to cheap interest..

enough is said, I think you have better appreciation of what has been mention, especially on the under table but in minority numbers
*
zeti works in the govt. Doesn't she also just a worker? She doesnt own the BNM or the country. What make u thing all the govt staffs n ministers will work better than those directors as you mentioned?

TSbearbearwong
post Oct 26 2014, 09:51 AM

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QUOTE(Tigerr @ Oct 26 2014, 08:53 AM)
zeti works in the govt. Doesn't she also just a worker? She doesnt own the BNM or the country. What make u thing all the govt staffs n ministers will work better than those directors as you mentioned?
*
no matter how smart she was, developers/agents/investors/banks are finding ways to bypass it, say like DIBS, developers introduce rebates of refund once unit is completed lor, or bank will finance all DIBS in the large loan sums,

basically, to summarize it, the Malaysian buyers re very weak, that is why the need for such... one thing for sure investors always wanted minimal exposure (paying, servicing loans, maintenance and etc) so as mention those holding 1 year plus and counting are in very risky position given super inflation and more new launches coming (if developers dare) happy holding then

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