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

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SUSjolokia
post Oct 22 2014, 09:23 PM

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QUOTE(bearbearwong @ Oct 22 2014, 08:43 PM)
lol... check few units of house around, as updated, Green residence remains the main new launch casualties on the day list with at elast 60% of 2 towers remains unsold, on the subsales causlities list, OUG parklane was next scoring 95% untenanted units, then we have Tiara Mutiara 1 as casualties scoring 80% atleast non tenanted, then sutera maya condo also another casualties with 80% at least vacant, then we have Le Yuan residence also another 80% untenanted, G residence (please refer to Clould), seringgin residence also scoring 80% untenanted..
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Price got lower or not ? if not why care ? i even heard of many involved in Dark business is keeping properties in large number, they don't care a bit if it can sell or not, some rich man 2nd 3nd milks also keep a lot of properties they also don't care if vacant or not, some rich also give money to wife go buy properties, so that they don't disturb his business or his 2nd home, some rich people also keep few units as a form of saving. .you see Bear2 these groups of people don't care if vacant or not, Lastly Politician families also get some compliment unit.. brows.gif

Dream on lah Bear2, Price ain't coming down no matter what you said.

This post has been edited by jolokia: Oct 22 2014, 09:25 PM
SUSjolokia
post Oct 22 2014, 09:51 PM

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QUOTE(CK15 @ Oct 22 2014, 09:35 PM)
Bear2 is lu lu. His mind only work in sop mode. Tak boleh benkang benkok. It must be this this this, then that that that....he don't know many peoples out there not following rules punya! Haizzzz....
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According to him those who buy 500-600K must be same standard as him, must be getting same pay range as him, spend like him.

Millionaire must only buy millions ringgit properties, not allowed to buy many units 300-500K to keep, Businessman also cannot buy low price properties, Drugs lord, Gambling joint Taiko, Smugglers, Ah Long, GRO, Mummy, all cannot buy properties.

Because according to all those journalist who earn 1.5K a month writing article, base on average income this property are not affordable by majority Malaysian.


SUSjolokia
post Oct 22 2014, 10:03 PM

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QUOTE(bearbearwong @ Oct 22 2014, 09:42 PM)
rich ppl keep OUG parklane? ok lar... let see whether there are many notice for sale..

if rich ppl are the ones holding the properties (are you in the rich category as well?) so price goes up unilaterally despite no demands, should the government be alerted about this? coz measures are not enough, more measure is needed, coz the rich ppl/politicians are holding it, even 50% RPGT also wont collapse, slowing down also doubtful..

but same time, those who are not rich (very few according to LYN members) might have suffer..

the talks of you cleary show that just buy any property , it will increase in price.. simple as that right

but as much one do not care, loans still need to be service, you know what is next.. servicing loans longer vs expected profit margins.. if that is the case, they are losing credits , so it will be lesser competition right? then developers launch new units
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Those who cannot afford are majority, but why care ? they are irrelevant to the property market.

Just like Maserati don't care if 95% Malaysian can't afford their car.

Many owner don't even remember how many units they bought, they jast ask secretary issue the cheque,

Many of thw policy maker also flipper them self or family members flip on their behalf, you think they will make policy like 50% RPGT to drop stone on own leg ah ?

I thought you said Govt will introduce Bulldozer policy in Budget 2015 to Bulldozed the price ?? Where is it ? In fact they increase the 50% Stamp duty discount to 500K...lol

Make sure you don't lose your 8K GF lah or else you rent for life..hehe
SUSjolokia
post Oct 22 2014, 10:10 PM

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QUOTE(bearbearwong @ Oct 22 2014, 09:53 PM)
sales clerk cant sapu all, can they? it is subsales leh, not new launches..
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I see secretary earn 3-4K buy few units 500 tokens later flip & erarn kao2 leh, because her Balak is some rich fellow lah ! cannot ah ? Must folow SOP ah ?
SUSjolokia
post Oct 22 2014, 11:03 PM

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QUOTE(bearbearwong @ Oct 22 2014, 10:25 PM)
no need.. just buy whenever got dead chicken, dun forget to grab new launches too they ned ur help, almerin mall, greenr esidence, lakeville@ mahsing, setia echo hill, and etc all need ur help
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First u intro me your GF (hopefully still are) Sisters to me, then i joined venture with them on Birdnest business & kick you out, later i tell in law you are bad Bear infact Wolf in Bear suite, only looking at in law land & properties. .lol

Then mah can afford all that loh..kakaka

QUOTE(bearbearwong @ Oct 22 2014, 10:35 PM)
JOlokia learn new thing from you, property market do not need supply and demand, the supplier will increase whatever price they want , and buyer are left with no choice but to buy..

wondering why still got suppliers/dealers wound up and close shop? supplier call price too high.. it just the same with business isn't, no demands still increase price? new thing we learn but only for property..
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Finally you learned something today, not everything follow rule in books, many high income earner are not in statistics.

You see 2nd Milk, GRO, Mummy, Pimps, Smugglers, Drug Dealers, Underground Gambling Joint Owner, Conman, Ah Long, Corrupter, inside statistics or not ? these people are loaded with cash & wealthy, they can make 10 accounts to show income how ever they like to buy properties, they don't care if house vacant collecting spider webs.

So your theory again Old man, Auntie, Pasar lou, Hawkers, Pasar Malam stall, Mamak stall, Kopitiam, DVD shop owner all cannot buy properties is it ? their income also not in statistics mah..

You can hug your average Malaysian income to sleep tonight, but out they in reality world it doesn't apply...

Good, 2 more days for you to rest, Saturday & Sunday pressure come again...kekekeke

SUSjolokia
post Oct 23 2014, 09:54 AM

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QUOTE(bearbearwong @ Oct 23 2014, 09:10 AM)
thank you why you always like to speculate ppl salary one.. wonder why there are so many vacant units around? btw is it true ur unnits in wangsa maju less than 200k?
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http://www.thestar.com.my/Business/Busines...ages/?style=biz

Bear i feel your pain.. 4K income really jialat.. cry.gif

Hope you get RM 200 pay rise this year end.. make you don't loss you 8K GF or else you very cham.. tongue.gif
SUSjolokia
post Oct 23 2014, 10:38 AM

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QUOTE(prody @ Oct 23 2014, 09:59 AM)
Since we are dreaming I'll go for option 3.  smile.gif

House advertisement remains at 2%.
I only pay 20k for the developer to sell his house instead of 60k. The 40k I save I spend on:

1) 20k for direct advertising for my business. I now get 300 customers per day who spend RM 60 per head (direct advertising will have larger impact than economic growth).
2) 6k for 55" UHD TV
3) 6k for 7d mark ii
3) 5k for short trip for family
4) 2k for bicycles for family
5) 1k for 8 x relaxed dinner
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No wonder you remain poor.. laugh.gif

Your customer don't earn mean they don't spend in your business, how you get 60K & save 40K ,, shakehead.gif

40K spend on thing with no ROI, you remained poor for long2 time, but don't worry Bear2 is with you, he just loss hi 8K GF, now with his 4K income he is low income group which don't need to pay income tax, both of you can line up for BR1M RM 950.

SUSjolokia
post Oct 23 2014, 11:22 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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You says one mah Gross income 5.5K so nett is 4.5K only loh.

Max you can buy base on 1/3 nett income 350K only loh, OUG Parklane also cannot afford, 10km extra mileage claim cannot count mah. tongue.gif
SUSjolokia
post Oct 23 2014, 11:35 AM

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QUOTE(prody @ Oct 23 2014, 11:17 AM)
60-20 = 40
Anyway since it is a little bit to difficult to follow for you and you result to other tactics:  yawn.gif
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Developer spend less mean your customer earn less, when your customer earn less they also spend less in your business, thus you never have the money, understand boh ?

Since your IQ very low i give you simple example

In 2008 Samsung spend 1M in adv fees, Samsung S sell for 1500

In 2014 Samsung spend 5M in adv fees Samsung S5 sell for 2500

Prody open 1 restaurant in 2008 he earn 3000 per year

So 2 scenario

1

Samsung continue spend 1M, Prody business will continue remained at 3000 per year (So now Prody become poorer since inflation kick in)


2

Samsung spend 5M , Prody business improve because his customer earn more (directly or indirectly from Samsung) so now Prody business is RM 15K per month.

If Samsung never increase their adv fees how can Prody business also get that additional income, Prody probably shrinked to Gerai tepi jalan.. rclxm9.gif

By the time understand what i mean, you are on your way out of poverty.. rolleyes.gif

SUSjolokia
post Oct 23 2014, 11:47 AM

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QUOTE(zzzxtreme @ Oct 23 2014, 11:38 AM)
i'm talking about ppl earning 5K
and I miscalculated. 200K property, monthly payment is around RM900. can also la
so how much should a 5K earner spend monthly on property?
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No such word "Should" as everyone spending pattern is difference, though safe is 1/3 or gross income, meaning around 1.5K (if you can get a 35 loan).

As i said different spending pattern & burden, some people might have car loan so house loan will need to be lower, some people have PTPTA, Personal Loan, some have big family & etc. there is no straight answer all depend on individual.

Golden rule is spend within own mean & try to find second source of income.


SUSjolokia
post Oct 23 2014, 11:55 AM

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QUOTE(AppreciativeMan @ Oct 23 2014, 11:47 AM)
If Dev dont spend heftily in Adv...... U may not even get to kno the prop leh......  whistling.gif  whistling.gif

And i always hear a group of ppl likes to say...... This company (Dev) dont even hav money for advertising, I think they are not doing well... better watch out....  whistling.gif  whistling.gif
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He donno what is Economy Pie.

Only he rich other can remained poor.. how can he be rich if all his customer poor ?? doh.gif

If his business same income since 2008 how can he afford 1M property in 2014 & pay 60K adv fees ??


SUSjolokia
post Oct 23 2014, 12:02 PM

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QUOTE(bearbearwong @ Oct 23 2014, 11:47 AM)
Bro.. have you check clearly the 1/3.. I can only remember 70% DSR on nett salary.. correct me if I m wrong.. this was implemented last year august 2013

say a man earning 3k permonth..
after minus EPF and etc.. nett is around 2.6k monthly
assuming one is debt clear only waiting for house buy
you say 1/3, means.. 2600÷ 3= 800 plus

on a rough calculation 800 monthlt converts a 35 yearsloan, 10% downpayment.. property below 200k maybe 180k..it coukd be worse than 180k..coz minus BLR can never get - 2.45 so low of loan suns maybe -2.1.. means you service more to bank but a lower loan sum

This mean banks are considering 33% of your nett salary.. lets work d way back.. market segments in subsales are harbouring around 400k to 800k.. I think even 400k also no much.. 500k to 800k mass vacant units are these..

so 500k to 800k range, 35 years loan , 10 DP
monthly commitments based on your 1/3 or 33% nett salary
2.4k to 3.5 k monthly (please add rm 200 extra for maintenance and those G&G landed..specifically addressing newly vp condos and outskirt landed)

2.4k to 3.5k for 500k prop to 800k.. you say 1/3.. means full/ nett salary need to be as follows.. again assuming on no commiements..childrens.. cars ( undeniable commitments other wise no jam)

(2.4k x 3) to (3.5k x 3)
7.2k to 10.5k nett salary...
convert to gross will be around
8k gross to 13k gross.. man assuming no car loans.. no other commitments.. if one has car which is 90% of the case save for some exceptions) your 1/3 will further get lower installments..

so are you sure now 1/3 is the right. . Know gov recommend so..
investors wil very worry over this.. or izzit there is a new measures bro showtime747 no update us? 30% DSR? Hmmm.. careful  for what you wish for
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Who says must buy according to 1 income, Millionaire not allowed to buy 300 tokens ah ? i buy house using 1/6 of my income only so i can buy 2 cannot meh ? gong2 lah you.. think like you meh, die also wanna hantam 730K Goodview, we very down to earth one, that's why Tornado come also we not worry,, whistling.gif
SUSjolokia
post Oct 23 2014, 12:45 PM

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QUOTE(CloudAtla$ @ Oct 23 2014, 12:33 PM)
Y wan to typ? Go out lim kopi with bear bear la. Can talk bout prop, klse, gold, dj, palm oil..thn c whtr can do joint venture investmnt.
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Don't forget Birdnest tongue.gif

Bear2 very funny one, he always use GDP per capital income, he donno our Gini Coefficient very bad, worst than China & India, maybe he course hasn't reach that topic,, rolleyes.gif

Bear2 lu understand boh ? for country with low Gini Coefficient then GDP reflect general income, but if Gini Coefficient is high then it's irrelevant.

Meaning the top rich group income is very high compare to the low poor group, but despite GDP not very high but the rich is very rich, so they can sapu many properties..

Titao mao sochai..
SUSjolokia
post Oct 23 2014, 01:16 PM

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QUOTE(bearbearwong @ Oct 23 2014, 11:55 AM)
So saddened for this man used to be a rational group.. but sadly joined the herd recently... lets rejoice day ahead
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I am rational now, i know price not coming down no matter how much i dream, curse, cry, fruss, anger, so i change myself rather than thinking to chance the reality.. understand boh, i lost golden chance to own a landed, lost good chance to buy at 10% less, i wake up.

You & the bunch can continue to dream, continue to be house less, eventually you either pay more or renting for life, or live under bridge for free...lol
SUSjolokia
post Oct 23 2014, 01:38 PM

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QUOTE(bearbearwong @ Oct 23 2014, 01:23 PM)
why say like that, it is because you support this, the flipping never stops, they are upgrading... but never the less, price segments are moving away from valuation, how to market their units? banks not giving loans...

ok since you have bought one..  can mention where is your invested properties? we not going to eat you or humiliate you, BBB's we dont know..

bro now landed segments are 600k to 900k after factoring 200k, so 2 years ago around 400k to 700k segments, you miss this segments? good view heights got 723k that day what?

semenyih still got below 650k, ask the investors/homeowners in SEH threads, they say their project surely got ppl stay one.. got miss meh?

if more than 2 years, 3-4 years ago, below 500k very good landed can get.. in fact, palm walk 3 was selling 550k, BMC areas are selling 450k new launch some 2011 ago, and you miss? ppl are gauging your financial standpoint..

even now sub sales landed still below 800k still a lot? you can afford but think like me, don't want to benefit flippers?  rclxms.gif
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I always play safe type, if I can afford 800K I hantam 2 X 400K if I can afford 500K I hantam 1 300K & 1 200K, I for rent 1 for stay, understand boh, even I can gasap 400K I will gasap 350K so I not need worry interest increase like you.

Anyway gua boh suka life ulu2 far2 land like you, I prefer 45 minutes to work place, no need pay toll even better.

Anymore education to you mean I need to charge, sendiri chap sang lah young man..

BTW the other day when I meet up with my loan officer, she need to dig out my LO from few pile of other LO, meaning a lot of people loan got approved one also, not like you says all kena reject..

This post has been edited by jolokia: Oct 23 2014, 01:41 PM
SUSjolokia
post Oct 23 2014, 01:43 PM

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QUOTE(ManutdGiggs @ Oct 23 2014, 01:37 PM)
Then dun play condo lo. Play land. Lai lai lai. Bro bear giv free tutorial in land
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4K salary how to play landed ? Kuala Selangor or Sabah Bernam meh..
SUSjolokia
post Oct 23 2014, 01:48 PM

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QUOTE(bearbearwong @ Oct 23 2014, 01:41 PM)
understand, buy within means.. got the message.. you also of the view the outskirt are very risky, highrise sumore Semenyih,
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Not outskirts risky, is because I work in city centre, my petrol claim fixed not like you can add 10km..lol

If I work in Bangi, Nilai, Kajang or flexi working hour, I mah OK lived in Semenyih Loh.

Can't be I work in Bangi but lived in Rawang right ?



SUSjolokia
post Oct 23 2014, 01:52 PM

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QUOTE(AppreciativeMan @ Oct 23 2014, 01:47 PM)
All condo price in tmn desa hav never drop before la...... dont ask me specific pricing in yrs.... i only see price higher yr after another....
old condo like, faber ria, faber height, obd..... price still increase even the condo is already 20yrs or more.... Even leasehold prop abadi indah also increasing....
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A condo near my place VP in late 90s price still going up every few months, reason surrounding new condo skyrocketed.

QUOTE(Tigerr @ Oct 23 2014, 01:48 PM)
No lar. Even dataran gunung tahan also he not afford lar unless he buy few sqft only lar.
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Don't lah, he can afford lah, rumah papan in Sri Kembangan New Village.. Only need to find papan & hammer, his PAMA got small plot land there mah..
SUSjolokia
post Oct 23 2014, 04:38 PM

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Bear2 can we cut these nonsense & get to the point.

How much is your income aka salary per month exact number (mileage claim, birdnest feed profit not included, as those are not official)

Where is the exact location you decide to buy, don't says whole cheras from Miharja to MC, Sg Long which part, OKR which property, which price tag (make 50K variance only, don't from 400K to 1.5M as that not make sense).

Give up exact number eg. 5.5K gross, Makota Cheras 400K apartment, Can afford pay 20% downpayment after withdrawing EPF, Legal fees & MRTA need include in loan.

Don't beat around the bush if you sincerely asking for advice, we will not laugh at you, poke fun a bit maybe, no need give GF income figure as you not yet married.

We teach you strategy how to buy fast & minimize inflation loses. brows.gif
SUSjolokia
post Oct 23 2014, 08:47 PM

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QUOTE(bearbearwong @ Oct 23 2014, 07:39 PM)
hie, have you thought about what section of ppl buying vped units?
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People in Dark business can or not ? Women who split their leg for money can or not ? Corrupter can or not ? Hawker who never pay tax can or not ? why must you fit specific people quality to buy specific property ? Are we in Communist country ? Where house is allocated by govt to specific groups ?

Simple people who buy VP unit is people who can afford & want to buy VP unit, understand boh ?

I already told you those who buy 400K property doesn't mean they are ngam2 1/3 incomes can afford the loan, you are the type must buy till max cap doesn't other same as you.



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