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

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AppreciativeMan
post Oct 21 2014, 12:47 PM

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QUOTE(jolokia @ Oct 21 2014, 12:34 PM)
Wrong prediction lah, base on 10 years cycle, next down turn should be 2018, but by then even house price never go down also OK for Bear2, because GF cabut liao, probably already mother of 2 marry to a good husband living in a nice house.. rclxms.gif
*
Only old man still believe in 10yrs cycle..... Now everything also speed up.... Down comes faster..... Recover also very fast...... Now in fact recovering time already..... whistling.gif whistling.gif
Trend change already la..... girls go for open relationship these days...... maybe bbw gf already got few relationship already..... u think still waiting for marriage then can piap piap meh...... Anytime bbw gf will say bye bye to him......... brows.gif brows.gif
AppreciativeMan
post Oct 21 2014, 12:52 PM

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QUOTE(ManutdGiggs @ Oct 21 2014, 12:45 PM)
Buyers mentality is the same regardless of food or drink or car or prop or any other product. I dun remember I eat adidas products.
*
Try this eatable adidas...... tongue.gif tongue.gif

This post has been edited by AppreciativeMan: Oct 21 2014, 12:53 PM


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prody
post Oct 21 2014, 01:08 PM

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QUOTE(AppreciativeMan @ Oct 21 2014, 11:48 AM)
Is 6% a lot??  hmm.gif  hmm.gif
6% - agent/referral comission, advertisement, legal fees, showroom, probably staff wages.....  hmm.gif  hmm.gif
*
Yes it is a lot to pay just for marketing.

I compared it to an annual report from when I bought my property.
At that time the spending on marketing was below 2%.

Imagine if they are selling 1 billion of properties. They would spend 60 million on marketing.
And the problem is that people who buy their properties need to pay for this. doh.gif

This post has been edited by prody: Oct 21 2014, 01:12 PM
SUSjolokia
post Oct 21 2014, 01:08 PM

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QUOTE(AppreciativeMan @ Oct 21 2014, 12:47 PM)
Only old man still believe in 10yrs cycle..... Now everything also speed up.... Down comes faster..... Recover also very fast...... Now in fact recovering time already..... whistling.gif  whistling.gif
Trend change already la..... girls go for open relationship these days...... maybe bbw gf already got few relationship already..... u think still waiting for marriage then can piap piap meh...... Anytime bbw gf will say bye bye to him.........  brows.gif  brows.gif
*
Me very old man liao, mind also very conservative, but my main intention is to delayed Bear2 plan to buy property, as my unit just bought need to wait 3 years to avoid heavy RPGT, 2018 will ngam2 time for me to flip to him earn kao2 & no need pay so much RPGT, base on the trend my Proton will be at Camry price by 2018, Bear2 will have no hope to get Camry as by 2018 Camry is Benz price already.. He will Yan Choy Liong Sat.. brows.gif

Also depends Bear2 GF rating lah, if 6/10 & above no problem, but now hoh according to our statistic man population exceed women population, women got more choice, if Bear2 wait some more maybe need Vietnam wife also reject him.. laugh.gif

Bear2 move your ass lah shakehead.gif
prody
post Oct 21 2014, 01:11 PM

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QUOTE(ManutdGiggs @ Oct 21 2014, 12:45 PM)
Buyers mentality is the same regardless of food or drink or car or prop or any other product. I dun remember I eat adidas products.
*
I suppose the developers currently have to spent a lot to sell their overpriced properties.

And this makes their overpriced properties even more overpriced.





AppreciativeMan
post Oct 21 2014, 01:24 PM

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QUOTE(prody @ Oct 21 2014, 01:08 PM)
Yes it is a lot to pay just for marketing.

I compared it to an annual report from when I bought my property.
At that time the spending on marketing was below 2%.

Imagine if they are selling 1 billion of properties. They would spend 60 million on marketing.
And the problem is that people who buy their properties need to pay for this.  doh.gif
*
Adui....... Malai gomen kopi money probably also add up into the marketing cost mah..... cannot openly says kopi $ right?.... so hav to add here little bit add there litte bit to cover here and there mah....... what to do.... nowaday they also "lion open big mouth"......... whistling.gif whistling.gif

And for goodness sake..... everything changes.... why so many still always like to say "last time not like that.... "....... KNN.... last police wear shorts, these days long pants already mah....... Ladies last time wear long skirt, these days wear Xtra small shorts mah...... brows.gif brows.gif
AppreciativeMan
post Oct 21 2014, 01:31 PM

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QUOTE(jolokia @ Oct 21 2014, 01:08 PM)
Me very old man liao, mind also very conservative, but my main intention is to delayed Bear2 plan to buy property, as my unit just bought need to wait 3 years to avoid heavy RPGT, 2018 will ngam2 time for me to flip to him earn kao2 & no need pay so much RPGT, base on the trend my Proton will be at Camry price by 2018, Bear2 will have no hope to get Camry as by 2018 Camry is Benz price already.. He will Yan Choy Liong Sat..  brows.gif

Also depends Bear2 GF rating lah, if 6/10 & above no problem, but now hoh according to our statistic man population exceed women population, women got more choice, if Bear2 wait some more maybe need Vietnam wife also reject him..  laugh.gif

Bear2 move your ass lah  shakehead.gif
*
its better bbw dont buy..... tongue.gif tongue.gif
KNN if all DDD also buy, later who i rent my prop to woh...... sweat.gif sweat.gif

And bbw wont buy from u la..... he hate flippers!!! tongue.gif

Vietnam cannot then go for Cambodia or Mynmmar lor..... laugh.gif
CloudAtla$
post Oct 21 2014, 01:32 PM

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QUOTE(bearbearwong @ Oct 21 2014, 10:05 AM)
Just buy only no burst oso can buy.. yearly still can get 5 to 10% yearly increment despite bullrun is over..
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Knn. U speak like no speak. Wat is ur prediction whn bubble burst?
CloudAtla$
post Oct 21 2014, 02:05 PM

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Bear bear, if u cant answer whn bubble burst, thn bettr u go yaksi.
prody
post Oct 21 2014, 02:06 PM

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QUOTE(AppreciativeMan @ Oct 21 2014, 01:24 PM)
Adui....... Malai gomen kopi money probably also add up into the marketing cost mah.....  cannot openly says kopi $ right?.... so hav to add here little bit add there litte bit to cover here and there mah....... what to do.... nowaday they also "lion open big mouth".........  whistling.gif  whistling.gif

And for goodness sake..... everything changes.... why so many still always like to say "last time not like that.... "....... KNN.... last police wear shorts, these days long pants already mah....... Ladies last time wear long skirt, these days wear Xtra small shorts mah......  brows.gif  brows.gif
*
Not all changes are good changes unfortunately.

This percentage will go back down eventually anyway. It's simply not sustainable.







SUSjolokia
post Oct 21 2014, 02:07 PM

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QUOTE(AppreciativeMan @ Oct 21 2014, 01:31 PM)
its better bbw dont buy.....  tongue.gif  tongue.gif
KNN if all DDD also buy, later who i rent my prop to woh......  sweat.gif  sweat.gif

And bbw wont buy from u la..... he hate flippers!!!  tongue.gif 

Vietnam cannot then go for Cambodia or Mynmmar lor.....  laugh.gif
*
By 2018 you think he have many choice ah ? PR1MA maybe also 600K already, some more his 8K GF cabut liao, think he can afford on single income ah, sure GF sister also kick him out of Birdnest business when their sister no more in relationship with him.

Those indochina girl come all the way to marry guy with rented apartment some more need to sub rent out 2 room ah ? No way lah, i think they will also cabut back to their own country better. whistling.gif


SUSjolokia
post Oct 21 2014, 02:26 PM

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QUOTE(prody @ Oct 21 2014, 02:06 PM)
Not all changes are good changes unfortunately.

This percentage will go back down eventually anyway. It's simply not sustainable.
*
300K + 20% = 360K aka up 60K

600K + 10= 660K aka up 60K

See even percentage come down but money value still the same, when 300K property jump to 600K, you think so easy earn extra 60K ?

What not sustainable, we already talk about this is previous version, people downgrade that all.

1.) Don't look at national average income, look only at top 30% Chinese income, as it is already proven Property is 95% chinese business.
2.) Don't imagine Fresh Grads without PAMA support or young exec can afford, those who have support no longer under their pay category isn't it ?
3.) People already accept downgrade, eg previously Manager grade can afford DSL & Condo now downgrade to Apartment, previously GM can afford SD downgrade to Condo/DSL, Director who can afford Bangalow downgrade to SD, those exec/junior manager probably need to line up for PR1MA or rent already.

So what is not sustainable ? more people rent compare to buy, owner can sustain their mortgage while waiting for perfect price to flip & buy some more.

Our car is among the most expensive in the world, even US, Hong Kong, Taiwan, Japan, Korea, Europe car price is cheaper than ours, but look at the car vs population, we are far ahead of them, is this not sustainable ? whistling.gif

Magic answer downgrade loh, Camry in US is Auntie go supermarket car, here is GM Car, Civic in US is teenager school car, here is Manager car, understand boh ?

This post has been edited by jolokia: Oct 21 2014, 03:22 PM
Tigerr
post Oct 21 2014, 03:06 PM

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QUOTE(jolokia @ Oct 21 2014, 02:26 PM)
300K + 20% = 360K aka up 60K

600K + 10= 660K aka up 60K

See even percentage come down but money value still the same, when 300K property jump to 600K, you think so easy earn extra 60K ?

What not sustainable, we already talk about this is previous version, people downgrade that all.

1.) Don't look at national average income, look only at top 30% Chinese income, as it is already proven Property is 95% chinese business.
2.) Don't imagine Fresh Grads with PAMA support or your exec can afford, those who have support no longer under their pay category.
3.) People already accept downgrade, eg previously Manager grade can afford DSL & Condo now downgrade to Apartment, previously GM can afford SD downgrade to Condo/DSL, Director who can afford Bangalow downgrade to SD, those exec/junior manager probably need to line up for PR1MA or rent already.

So what is not sustainable ? more people rent compare to buy, owner can sustain their mortgage while waiting for perfect price to flip & buy some more.

Our car is among the most expensive in the world, even US, Hong Kong, Taiwan, Japan, Korea, Europe car price is cheaper than ours, but look at the car vs population, we are far ahead of them, is this not sustainable ?  whistling.gif

Magic answer downgrade loh, Camry in US is Auntie go supermarket car, here is GM Car, Civic in US is teenager school car, here is Manager car,  understand boh ?
*
proton in US is whose car leh??

SUSjolokia
post Oct 21 2014, 03:14 PM

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QUOTE(Tigerr @ Oct 21 2014, 03:06 PM)
proton in US is whose car leh??
*
Proton not selling in US.

US have specific rule on car, CBU will be very costly, i doubt Proton can pass NHTSA crash test especially small overlaps crash test, not forgetting strict emission, Proton will be tax heavily if Co2 emission is high, Toyota, Honda, Nissan, Hyundai, KIA spends billions to set up manufacturer plant in US or else they will be hard to survive on the competitive price market.


In UK Proton & Perodua are more of Retired old folks Sunday Car.. doh.gif

This post has been edited by jolokia: Oct 21 2014, 03:16 PM
AppreciativeMan
post Oct 21 2014, 03:35 PM

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QUOTE(prody @ Oct 21 2014, 02:06 PM)
Not all changes are good changes unfortunately.

This percentage will go back down eventually anyway. It's simply not sustainable.
*
Good or bad nobody knows...... U may be right, u may be wrong..... only time and future can tell...... tongue.gif tongue.gif
prody
post Oct 21 2014, 03:41 PM

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QUOTE(jolokia @ Oct 21 2014, 02:26 PM)
300K + 20% = 360K aka up 60K

600K + 10= 660K aka up 60K

See even percentage come down but money value still the same, when 300K property jump to 600K, you think so easy earn extra 60K ?

What not sustainable, we already talk about this is previous version, people downgrade that all.

1.) Don't look at national average income, look only at top 30% Chinese income, as it is already proven Property is 95% chinese business.
2.) Don't imagine Fresh Grads without PAMA support or young exec can afford, those who have support no longer under their pay category isn't it ?
3.) People already accept downgrade, eg previously Manager grade can afford DSL & Condo now downgrade to Apartment, previously GM can afford SD downgrade to Condo/DSL, Director who can afford Bangalow downgrade to SD, those exec/junior manager probably need to line up for PR1MA or rent already.

So what is not sustainable ? more people rent compare to buy, owner can sustain their mortgage while waiting for perfect price to flip & buy some more.

Our car is among the most expensive in the world, even US, Hong Kong, Taiwan, Japan, Korea, Europe car price is cheaper than ours, but look at the car vs population, we are far ahead of them, is this not sustainable ?  whistling.gif

Magic answer downgrade loh, Camry in US is Auntie go supermarket car, here is GM Car, Civic in US is teenager school car, here is Manager car,  understand boh ?
*
rolleyes.gif

Let me show you the correct math with an example.

Mr X is buying a house.
2007: The house costs 500,000. Advertising cost is 2%. Mr X pays 10,000 to the developer to advertise the house.
2014: The same house now costs 1,000,000. Advertising cost 6%. Mr X pays 60,000 to the developer to advertise the house.
Mr X is paying 6 times more for the developer to advertise the house that Mr X buys.





Tigerr
post Oct 21 2014, 03:52 PM

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QUOTE(prody @ Oct 21 2014, 03:41 PM)
rolleyes.gif

Let me show you the correct math with an example.

Mr X is buying a house.
2007: The house costs 500,000. Advertising cost is 2%. Mr X pays 10,000 to the developer to advertise the house.
2014: The same house now costs 1,000,000. Advertising cost 6%. Mr X pays 60,000 to the developer to advertise the house.
Mr X is paying 6 times more for the developer to advertise the house that Mr X buys.
*
During this 7 years. Letrik naik. Paper naik. Gst in. Petrol naik. Everything naik. Salary naik but performance drop pula. So u expect to pay 2007 price for the 2014 service or jobs?
prody
post Oct 21 2014, 03:57 PM

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QUOTE(Tigerr @ Oct 21 2014, 03:52 PM)
During this 7 years.  Letrik naik. Paper naik. Gst in. Petrol naik. Everything naik. Salary naik but performance drop pula. So u expect to pay 2007 price for the 2014 service or jobs?
*
No, I do not expect to pay 2007 prices for 2014 service.
I do expect the percentage spent on advertising by developers to go down from the current 6%.
Showtime747
post Oct 21 2014, 04:11 PM

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QUOTE(prody @ Oct 21 2014, 03:41 PM)
rolleyes.gif

Let me show you the correct math with an example.

Mr X is buying a house.
2007: The house costs 500,000. Advertising cost is 2%. Mr X pays 10,000 to the developer to advertise the house.
2014: The same house now costs 1,000,000. Advertising cost 6%. Mr X pays 60,000 to the developer to advertise the house.
Mr X is paying 6 times more for the developer to advertise the house that Mr X buys.
*
Businesses don't calculate like that. Selling price is based on supply and demand. If the market price in Mont Kiara is RM1m, it will be RM1m. Whether they spend the 6% or not, they will still sell you RM1m. Because the market price is like that. You cannot ask the developer "hey boss, please don't advertise and you pass back the cost saving of RM60,000 to me, and lower the price to RM940k". If you think you can, next time you buy a Toyota or Iphone, you can try to ask them too tongue.gif

Things don't work that way. Just like fashion, cars, even McD KFC insurance etc. They have to increase the advertisement budget to stay in business. If their competitors are advertising, the one who don't spend on advertisement will be eliminated in business. That is the cruel world of business

Nowadays, developers have to spend on nice show village, big nice roads and entrance, elaborated landscaping along the main road, engage celebrities, models during their launch etc. Show village alone already cost them tens of millions.


prody
post Oct 21 2014, 04:14 PM

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QUOTE(Showtime747 @ Oct 21 2014, 04:11 PM)
Businesses don't calculate like that. Selling price is based on supply and demand. If the market price in Mont Kiara is RM1m, it will be RM1m. Whether they spend the 6% or not, they will still sell you RM1m. Because the market price is like that. You cannot ask the developer "hey boss, please don't advertise and you pass back the cost saving of RM60,000 to me, and lower the price to RM940k". If you think you can, next time you buy a Toyota or Iphone, you can try to ask them too  tongue.gif

Things don't work that way. Just like fashion, cars, even McD KFC insurance etc. They have to increase the advertisement budget to stay in business. If their competitors are advertising, the one who don't spend on advertisement will be eliminated in business. That is the cruel world of business

Nowadays, developers have to spend on nice show village, big nice roads and entrance, elaborated landscaping along the main road, engage celebrities, models during their launch etc. Show village alone already cost them tens of millions.
*
Yeap, and I expect that this is not sustainable and the percentage will come back down.

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