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

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Showtime747
post Oct 21 2014, 04:20 PM

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QUOTE(prody @ Oct 21 2014, 04:14 PM)
Yeap, and I expect that this is not sustainable and the percentage will come back down.
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Yes. Sustainable or not is again depended on demand and supply. When market is no good, business will think of ways to cut cost, and 1 of them is A&P budget.
Showtime747
post Oct 21 2014, 04:22 PM

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QUOTE(Tigerr @ Oct 21 2014, 12:23 PM)
Knn...u said like that means the land cannot sell till at least 2017.....
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The land ? 50 years later 2067 also cannot sell. Always got court case tongue.gif
Showtime747
post Oct 21 2014, 04:25 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
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Property got drop one meh in history ?

Property will drop only when bearbear buy in 2015. Bottom in 2017 by 50% tongue.gif
SUSjolokia
post Oct 21 2014, 04:35 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.
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Samsung Galaxy S5 spends more on advertisement compare to Samsung S... laugh.gif

The more they spend on advetisement the better, as this will generate bigger economy pie.

Developer Y spend on advertisement, Newspaper, Web developer, Property Forum, TV Station, Printer & etc earn more, then they spends on gadget, clothing, cars, grocery & etc, all this will generate a bigger economy.

Assumed Prody open a restaurant, he normally get 50 customer a day, each customer average spends RM 20 in 2007, Fast forward to 2014 Prody can expect 2 scenario.

1.) House advertisement remain same percentage 2% on advertisement cost, Prody Food now cost 3-4 times, unless Prody run charity or else no way his business can survived, since those who getting advertisement income from developer not earning more. so now Prody restaurant getting 15 customer but still spend RM 20 per head.. laugh.gif

or

2.) House advertisement increase to 6%, Prody restaurant now get 150 customer per day spend RM 60 per head, for merely 60K Prody extra spend on a house he buy, now his business income also X 6.

So which one you prefer ? brows.gif
AppreciativeMan
post Oct 21 2014, 04:50 PM

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Cant deny..... for those who didnt buy 2-4 yrs back as expecting price to drop..... it is definitely more difficult for them to make a decision to buy now........ Each yr they'll feel more reluctant to purchase at higher price..... Human likes to make comparison in the past...... whistling.gif whistling.gif
Similarly to myself..... no matter how.... i wont buy Parklane as i hav forgo to purchase at the initial launch which priced between 270k-290k....... sleep.gif sleep.gif
Even new launch project..... If i happens to know the project and i didnt buy the phase 1...... And when seeing the proj selling like hot cake...... I'm very reluctant to buy the 2nd phase which priced higher........ sweat.gif sweat.gif

But i dont blame the developer, flippers or who so ever....... whistling.gif whistling.gif

This post has been edited by AppreciativeMan: Oct 21 2014, 04:52 PM
CloudAtla$
post Oct 21 2014, 05:40 PM

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QUOTE(jolokia @ Oct 21 2014, 02:07 PM)
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
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Wooi...cabot with who?
CloudAtla$
post Oct 21 2014, 05:42 PM

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Bear bear..which month and year bubble burst?
Tigerr
post Oct 21 2014, 06:01 PM

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QUOTE(CloudAtla$ @ Oct 21 2014, 05:40 PM)
Wooi...cabot with who?
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If not ah zui kor, then is ah jiu kor lor...
CloudAtla$
post Oct 21 2014, 06:03 PM

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QUOTE(Tigerr @ Oct 21 2014, 06:01 PM)
If not ah zui kor, then is ah jiu kor lor...
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I suspect ah zui kor.. brows.gif
CloudAtla$
post Oct 21 2014, 06:05 PM

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All uuu camp pipu r bad guy..ddd bear bear already so kesian homeless. Now his gf oso not let go. Reali too much liao ah zui kor.
zuiko407
post Oct 21 2014, 07:22 PM

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Prody really hardcore in DDD & never feel tired since predict price drop for many years,
Showtime747
post Oct 21 2014, 08:03 PM

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QUOTE(zuiko407 @ Oct 21 2014, 07:22 PM)
Prody really hardcore in DDD & never feel tired since predict price drop for many years,
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Soon.....
SUSjolokia
post Oct 21 2014, 08:18 PM

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QUOTE(Showtime747 @ Oct 21 2014, 08:03 PM)
Soon.....
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Eventually he feel tired & give in, Unless he don't need a house, he boh song paying Developer advertising fees but very happy his customer paying his or his company advertising fees, only he can earn people money, people cannot earn his money.. like Bear2 can flip his PAMA land & flip his rent to sub rent tenants, flip Birdnest earn kao2 but Green Terrain owner not allow to earn from him.

Bear2 bad mode again tonight, GF, In law, GF sisters will push him, if he visit friends open house sure kena ask when buying house when get married.



SUSjolokia
post Oct 21 2014, 08:23 PM

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QUOTE(Tigerr @ Oct 21 2014, 06:01 PM)
If not ah zui kor, then is ah jiu kor lor...
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I target Bear2 GF sisters only, wanna joined in lucrative Birdnest Business, nett profit 500K per anum leh, some more can compete with Bear2 for father in law land & few Bangalow leh, my digestive system not so good, doctor advice me to take Soft rice... brows.gif

CloudAtla$
post Oct 21 2014, 08:36 PM

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QUOTE(jolokia @ Oct 21 2014, 08:23 PM)
I target Bear2 GF sisters only, wanna joined in lucrative Birdnest Business, nett profit 500K per anum leh, some more can compete with Bear2 for father in law land & few Bangalow leh, my digestive system not so good, doctor advice me to take Soft rice... brows.gif
*
If bear bear gf sister 50years old?

This post has been edited by CloudAtla$: Oct 21 2014, 08:37 PM
ManutdGiggs
post Oct 21 2014, 08:48 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.
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I'm eating my adidas shoe for dinner.
ManutdGiggs
post Oct 21 2014, 08:51 PM

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QUOTE(zuiko407 @ Oct 21 2014, 07:22 PM)
Prody really hardcore in DDD & never feel tired since predict price drop for many years,
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Maybe...........maybe one day u 'll kena I TOLD U SO but I blif ur props stil way above purchase price.

Kesian.
TSbearbearwong
post Oct 21 2014, 08:52 PM

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walao.. totally unrelated to property bubble, deviate so much in trolling manner, comparison son to start...

have you guys clear off or ready to pay installments? they are up soon..

showtime747 always amaze me..assuming this is correct of what you said

For eg. In a graph property price index, 0 is lowest price 100 is highest price.

2009 - 50
2011 - 75
2013 - 100
2014 - 95
2015 - 90
2016 - 75
2017 - 50

i think price will start drop on 2014 & 2015, if not waiting for loss? in 2016 and 2017? you have timed the market drop with precision.. with years and percentage and index
CloudAtla$
post Oct 21 2014, 08:57 PM

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QUOTE(ManutdGiggs @ Oct 21 2014, 08:48 PM)
I'm eating my adidas shoe for dinner.
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latuK, eat adidas with kopi susu?
SUSjolokia
post Oct 21 2014, 09:34 PM

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QUOTE(CloudAtla$ @ Oct 21 2014, 08:36 PM)
If bear bear gf sister 50years old?
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I switch off light loh.. cry.gif

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