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

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bcpbeancounter
post Oct 21 2014, 10:01 PM

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QUOTE(Jliew168 @ Oct 21 2014, 09:59 PM)
How's your shopping in old klang road and Taman desa? Got any nice condo wiithin your budget?
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Tmn desa older one leasehold should be bolow 500k. Good location. Buy dinner no need toll. Anyway he wont buy one la. Bo liu how to buy? Rent also problem.

This post has been edited by bcpbeancounter: Oct 21 2014, 10:02 PM
bcpbeancounter
post Oct 21 2014, 10:04 PM

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QUOTE(jolokia @ Oct 21 2014, 09:34 PM)
I switch off light loh..  cry.gif
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老少通吃? You so hungry meh?
bcpbeancounter
post Oct 21 2014, 11:03 PM

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QUOTE(bearbearwong @ Oct 21 2014, 10:18 PM)
recalling back I am surprise... ask any LYN here, can sell still do not want to sell? ask the semenyih dudes or OUG park lanes dude, they will jump on you like leopard

if price keep skyrocketing, developers will not let you investors be lone rangers, and tied their hands and see
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You talk like developer and investor are enemy. But you dont know that developer always belanja investor makan free....ya...you never buy house never know.
bcpbeancounter
post Oct 22 2014, 05:28 AM

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QUOTE(kradun @ Oct 22 2014, 12:37 AM)
Even Prof Oswald also said high home ownership is not a good thing to economy, I guess he refer to affordability issue is a good thing as long not go too extreme.
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No wonder some people chose to remain poor.
bcpbeancounter
post Oct 22 2014, 12:11 PM

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QUOTE(bearbearwong @ Oct 22 2014, 09:42 AM)
then how much are these strong holding powers? strong holding powers are not investors meh?/

low transaction clearly shows there are no demands for properties right or not? with this, how price will go up again? self call price up?? just that no fail investors sharing their story,

as explained, there are ceiling prices for those 300-400k chips upon up.. at least for the next 5 years to come... with ceiling prices, you need to service the loans and maintenance, more years a strong holding power investors servicing these, less profit margin it will get, at the price of say 550k one still cannot sell, still strong holding powers investors want to hold another 5 years to sell at 700k above? 550k not doing well, sell 700k would do better? and risk it by paying more loans and maintenance, by 5 years new launches already how many launched and completed, not to forgotten that investors units are getting old... buyers tends to buy newly vp /new launches units..

holding it longer if it does /cans ell higher price also ok, at least they are credit locked and lesser completion

haven't these been explained off
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Eh....people ask u yaksi you really go yaksi ah? Low transaction you should not imagine no demand oh....if can be seller and buyer cannot mert the agreed price. See who can hold longer. 1 cont to pay interest another one stress by gf or stay under bridge. Who is more stress?
bcpbeancounter
post Oct 22 2014, 12:16 PM

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QUOTE(bearbearwong @ Oct 22 2014, 10:49 AM)
u steady lor, public holiday also work, triple salary...
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Knn....you think he is factory operator ah?
bcpbeancounter
post Oct 22 2014, 12:17 PM

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QUOTE(ManutdGiggs @ Oct 22 2014, 12:03 PM)
Then b the boss. Why u stil makan gaji???

Lai Lai Lai I'm willing to work for the bear bhd.

U drive big cars I hav my 99 days annual leave + 66 days MC + all Malai PH regardless which state + unlimited EL. Of cos my salary is fair at RM88k after tax p.a.

Allow me to call u BOSS.
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You sure bo...he fxxx kao the prop flipper but he himself flip rental and flip land. So you imagine what he will do when he become boss.
bcpbeancounter
post Oct 23 2014, 11:24 AM

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QUOTE(bearbearwong @ Oct 23 2014, 10:41 AM)
What is this losing gf 8k and 4 salary all.. why love to speculate

again where have you invested?
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why keep asking people where they invest? prop is not necessary for invest. and not everyone is unique like you, no prop but shout like prop guru. whistling.gif rclxub.gif
bcpbeancounter
post Oct 23 2014, 11:29 AM

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QUOTE(bearbearwong @ Oct 23 2014, 11:24 AM)
Investment where got see one.. after vp can sell what.. furthermore.. the case was worse in tge pass.. these investors are taking loans based ob 90% of their gross income.. those not qualify.. undertable to bank officer settle.. those no earning doc undertable settle.. those cant get valuation undertable.. this creates series of loan approval to not qualify borrowers somewhat like usa scene.. now loan service time.. 200k .. 300k ppl no problem.. no earning side income also can afford.. 400k .. 500k.. and 700k these taikors are the same earning class b4.. just they upgraded by flipping their previous units..after this surely no more upgrading theory..

now we have 70% DSR.. based on nett income.. we have 70% loan margin on 3rd prop.. RPGT 30%.. better di now.. but at expense of transaction volume.. malai generally cant has yet to reach those high price prop time yet.. now the money funder.. banks are not playing along..
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see how naive you are. everything you see from 1 small hole.
bcpbeancounter
post Oct 23 2014, 11:30 AM

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QUOTE(ManutdGiggs @ Oct 23 2014, 11:28 AM)
Many who earn 200k a mth spend more than 80% on props which is approved by most banks.
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bbw won't believe there are people earning 200k a month one la. even so, these people won't buy 500k prop la.
bcpbeancounter
post Oct 23 2014, 01:51 PM

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QUOTE(bearbearwong @ Oct 23 2014, 01:08 PM)
it is not rocket science to gauge bank loan officers income, where they come form? commission from law firms for loans? under table approving loans not eligible..under table approving 90% loans in stead 80% valuation officers under table give better valuation

you pretend they are not in existence or what? so far as a rep omen is concern, all houses are repoed, but manner may differ, see agents/prop investors talking how many props they have and can settle, yup shows is up..

these singapore malaysians workers too, use credit card here, cabut Singapore, dun pray pray Malaysia jurisdictions can reach Singapore one.. done number of it.. dont let come to your Singapore office and find you, it be costly..
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again you see thing by 1 hole. because of your 1 or 2 experience, you conclude the whole market is work that way. wondering you ever know how bank approve loan. doh.gif
bcpbeancounter
post Oct 23 2014, 01:57 PM

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QUOTE(bearbearwong @ Oct 23 2014, 01:37 PM)
please quote the appreciation over the years... name projects, we can analyse carefully how was the status of appreciation.. ok?

my friends also bought 1 units behind the shell station tmn desa, the food court area.. 600k this year.. condos
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your friend going to sell at 600k 20 years later? why you so naive one? doh.gif
bcpbeancounter
post Oct 23 2014, 01:58 PM

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QUOTE(bearbearwong @ Oct 23 2014, 01:55 PM)
wow bank loans very hard to approve one? now 48 hours approval what? what procedure the checking in branch? or you never practice before?
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if so easy you already buy 700k prop lo,.... brows.gif
tot you said loan reject case are many? rclxub.gif
bcpbeancounter
post Oct 23 2014, 02:00 PM

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QUOTE(jolokia @ Oct 23 2014, 01:43 PM)
4K salary how to play landed ? Kuala Selangor or Sabah Bernam meh..
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QUOTE(bearbearwong @ Oct 23 2014, 01:44 PM)
why you like to speculate one... must wait till proven wrong like the car loans then only stop mention?  haizzz
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either one of you are tai jek kong! waiting for the prove.. whistling.gif cool.gif
bcpbeancounter
post Oct 23 2014, 02:03 PM

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QUOTE(bearbearwong @ Oct 23 2014, 02:00 PM)
maybe the new 70% DSR kot? you dunno about this in existence? valuation now can still stretch +/- 10 to 20% more or less, still need to undertable, now problem is the borrower..

rclxms.gif
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***! you just say borrow loan easy...now say difficult. rclxub.gif
bcpbeancounter
post Oct 23 2014, 02:05 PM

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QUOTE(bearbearwong @ Oct 23 2014, 02:01 PM)
that is a price for own stay, cannot go up anymore, even it does, valuation cannot sampai..
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you wait lo...any more land in tmn desa? 20 years later you wan to buy also no seller whistling.gif
bcpbeancounter
post Oct 23 2014, 02:07 PM

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QUOTE(Tigerr @ Oct 23 2014, 02:05 PM)
My income 2k per month. Can help me get 7 million loan to buy bbw land? I willing to pay under table to loan officer. anyone can help?
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if i earn 2k can get 7mil loan, i will take the money go maldive tan sai kai... whistling.gif
bcpbeancounter
post Oct 23 2014, 02:10 PM

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QUOTE(bearbearwong @ Oct 23 2014, 02:02 PM)
every time need me to post documents prove one... later sure turn deaft and blind, like the car commitments, he stop mention completely
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you must tell people how much you earn then only people can recomm which prop suit you mah... if not, i recomm prima at tmn desa you can afford bo? tongue.gif
bcpbeancounter
post Oct 23 2014, 02:26 PM

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QUOTE(bearbearwong @ Oct 23 2014, 02:16 PM)
can you understand properly the bubble are targeting where? before commenting, I also will say Bangsar no land... no bubble too..
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so you mean bangsar got bubble or no bubble? Kent bangsar many vacant units for more than 5 years. got bubble or not? tongue.gif
bcpbeancounter
post Oct 23 2014, 02:27 PM

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QUOTE(bearbearwong @ Oct 23 2014, 02:21 PM)
generalize? I only recall the examples were not from mature areas isn't? you guys are maintaining no bubble for those 200k to 300k, for 500k like bro Jliew you no comment for him? whether 700k is doable when vp? now foundation works started already
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what is the problem with 700k? if you wan a nice dsl, can you get below 700K in KV?

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