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

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Tigerr
post Oct 20 2014, 04:07 PM

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QUOTE(AppreciativeMan @ Oct 20 2014, 04:04 PM)
Do we sound alike??  rclxub.gif  rclxub.gif

Quite obvious i BTC, england also limited power.... his experience, knowledge and way of delivering is way above me lor.....  sweat.gif  sweat.gif

I do read his post often for learning his experience knowledge.....  thumbup.gif  thumbup.gif

And i do read your post often too.... to find fault to hentam u.......  tongue.gif  tongue.gif
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Wah....u r vely pro leh.....can wear 2 different mask n talk in dufferent level n tones without people detecting until smart bearbear come pop your balloon.

Not many dupe can do it yo.....rclxms.gif
Tigerr
post Oct 20 2014, 04:38 PM

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Latosri...old news lar....u serowpoke
Tigerr
post Oct 20 2014, 04:49 PM

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QUOTE(Showtime747 @ Oct 20 2014, 04:46 PM)
Die die....everybody bankrupt. Sure property crash..
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That is a very mild news....more people getting bankrupts n mostly from the younger generation.

You only worries if the news cone out - more n more people jump from 14th floor n leaving their wife/husband/kids to shoulder the debts....
Tigerr
post Oct 20 2014, 04:55 PM

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QUOTE(CloudAtla$ @ Oct 20 2014, 04:54 PM)
Bear bear, laLat, mraccountant, student, agentdiary, msSper$m, pls dun buy. Wori u all end up pokai on the street.
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Stand by AKPK address n phone number for them in case they need it.
Tigerr
post Oct 20 2014, 06:19 PM

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Latosri, market so bad meh? I got 1 unit going to VP next year, belum apply loan lagi. jialat lor this time. Later bank not give me loan, i go where find money pay my units? Fire sale also nobody want.

Better i start find more ah long contacts and when the time arise, i bollo 10 ah long 100k each and run road to colombia and help plant opium there lor. If not, really dont know what to do if bbw come repo me.....

before that, for safety reason, i better go find a spot and mark my ownership under the bridge first. Later, no place to sleep jialat. Cannot be fighting with those beggars at kaki lima for the space to sleep...


Tigerr
post Oct 20 2014, 06:21 PM

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QUOTE(party @ Oct 20 2014, 06:14 PM)
50% is just the tip when the crash happen.

It might take 1 year for the price to bottom down to at 90%. I will buy from you when price drop 90%.
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i offer u 95% discount. buy from me ya.....to save me first.... tongue.gif let latosri go jump aeroplane as he got experience... icon_question.gif
Tigerr
post Oct 20 2014, 06:34 PM

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QUOTE(Jliew168 @ Oct 20 2014, 06:27 PM)
KNN u think that time still got money buy air ticket ah ...now I everyday teach my didi play sword..anything bad happen I go Thailand become gigolo or become toy boy lo...

U memalukan uuu group la, 95% discount also sell...me maximum 90%... If drop till 95% I jump from 14th floor better  cry.gif
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since now i still in the land of gigolo, u want me to help get some introductory lessons and job application forms for u or not? tongue.gif


Tigerr
post Oct 20 2014, 06:39 PM

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QUOTE(jolokia @ Oct 20 2014, 06:34 PM)
Index 100 point, i choy you also soh, i gadai my houses, sell all my underwear, hantam bluechips loh,, sleep under bridge beg for 2 years, later i come back Multi Millionaire liao.  laugh.gif
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when index 100 points, u gadai your house but pawn shop also chap lap jor.....find ghost to gadai meh.....that time, wear underwear is a luxury lor.....u want sell underwear, must make sure u put some cum sticking in it and find if any jipun bin tai lou wants to buy or not...... brows.gif
Tigerr
post Oct 20 2014, 06:42 PM

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QUOTE(Showtime747 @ Oct 20 2014, 06:36 PM)
As you all know, i dont buy new property to flip, but buy for renting. Last weekend, 3 of my tenant sms and whatapps me to give notice of termination. They say they dont want to rent anymore. They tell me they just bought some cheap dead chicken. 1 30% below market price, 2 move to Pr1ma house. Today another 2 tenant called and terminate. HWAA....how to tahan like that I faster call agent to look for tenant he told me now so many new condo vp very difficult to rent out unlessi cut rent by 30%. Die lah like that, i still got 90% loan not yet pay. Monthly instalment keep adding to the cost of house. I must offload quick quick. Latok latok here pls buy from me cheap cheap at fire sale price. Cannot tahan the monthly instalment, if still dont sell now market go down further in 2016. And 2017 market will be worse because student say property crash take a few years to bottom, so bearbear should wait until 2017 at that time my cheras DSL now worth RM1.2m sure fire sale at 500k only. BMW at proton price.

Crash started already so tai kah poh zhong, ok ?
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u r lucky if can slash rent by 30%, my side here, tenants said, rent 1 month free 3 months woh....if not, they said they prefer go tfk lor.....

cry.gif cry.gif
Tigerr
post Oct 20 2014, 08:01 PM

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QUOTE(Showtime747 @ Oct 20 2014, 07:31 PM)
Latok, will it be better if we burn the property down, and then claim insurance ?
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Lansri...actually I was thinking to go jabatan perdaftaran negara to pay some kopi n fake a death certificate n I pass to my wife to submit to the bank n become all free properties as got mrta. Then I run road to land of gigolo to meet up with latosri if he happens to get a job there.

if not go sabah n join project ic n get a new name tan ti gerr.

This post has been edited by Tigerr: Oct 20 2014, 08:02 PM
Tigerr
post Oct 20 2014, 08:04 PM

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QUOTE(Jliew168 @ Oct 20 2014, 07:40 PM)
Damm, this is what I call experience investor and this is fuxcking good option but KNN u should PM me, now talk in public later I burn my shop Bearbear first one report me lol
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U can open the door n let drug addicts to hisap dadah there mah. Just make sure u put more easy flammable liquid in the shop....brows.gif
Tigerr
post Oct 20 2014, 09:10 PM

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QUOTE(jolokia @ Oct 20 2014, 08:55 PM)
Ya hoh ! Ok I sale now, then keep cash as investment like student teach me, I pm Bear2 to sub rent me his balcony.

Later when Klse tumbled to 100 point I hantam bluechip, I no worry no money as my Investment in laoda YSML & Fat Emperor SureWin4U will be mature in 2016 then I sapu all of your landed plus highrise in Melaka save your from Akpk. .sui boh ?
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i no eye see liao.....u want sapu, u sapu bersih bersih lar....i only hope after u sapu, u can let me sleep in the lorong behind one of my house which i ll now extend the canopy out and make a private toilet first.... laugh.gif
Tigerr
post Oct 20 2014, 09:19 PM

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QUOTE(jolokia @ Oct 20 2014, 09:14 PM)
How much you wanna rent out ? I looking for 1 room, I decide to rent out alll my house to collect rental to cover my mortgage, previously I over borrowed, now quite tight budget,

But will share room with 4 other fellows, don't worry we all straight one, you also know them one, Tigerr, Jliew, AppreciativeMan & Showtime747, I will pay for the rent, then I sub sub rent to them.

Later we no need to chat in forum, we can talk about our failed investment face to face.

If ok you pm me the address, then fix a date all of us can meet up to see the room.
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lucky got a place to sleep.....i hope i still able to pay the rent to lat jiu by go restaurant wipe table and bring back sisa sisa tulang and sayur to eat in lieu of rental... sweat.gif
Tigerr
post Oct 20 2014, 09:26 PM

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QUOTE(bearbearwong @ Oct 20 2014, 09:23 PM)
prices in cheras , kajang, sg long, BMC not moving ... same posting again and again by different agents

dunno you guys know/feel the same ornot?
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ya....i notice, my place price also not moving, just that the tenants asking rent 1 month free 3 months only..... icon_question.gif
Tigerr
post Oct 20 2014, 09:33 PM

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QUOTE(Showtime747 @ Oct 20 2014, 09:27 PM)
bearbearwong

More tightening measure of financial institution coming...

Die liao die liao.....BNM asking for feedback because they want tighten the lending to SME and micro business....just like the tightening of housing loan. When SME difficult to get loan, the business will collapse. Then more unemployment coming....

bearbear, wait for 2017. Our student say property will take years to reach bottom. Don't buy so soon....Green Terrain will drop to RM350k....
http://www.bnm.gov.my/index.php?ch=en_pres...ac=3083&lang=en
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this is bad news....the gf sister later if bank recall back the loan for the sme.....jialat. later bird nest got to change to sell bird eggs.... brows.gif
Tigerr
post Oct 20 2014, 09:38 PM

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QUOTE(bearbearwong @ Oct 20 2014, 09:31 PM)
lets see next year will do good, those holding more than 1 year vp very high time to sell the cycle or wait till next cycle
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bbw.....2015 i still can tahan....but 2016 i ll sell below spa price 50% if 2015 cannot up. if not 2017 comes, really have to sell below 95%......u better wait till 2018 to pick the bottom price.... icon_idea.gif
Tigerr
post Oct 21 2014, 12:23 PM

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QUOTE(Showtime747 @ Oct 21 2014, 12:12 PM)
No more 5% to 10% after yesterday. Burst will start in 2015, and the worst effect is 2017. So, the best timing to buy is 2017. Don't buy in 2015. Tell your gf and in-laws
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Knn...u said like that means the land cannot sell till at least 2017.....
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 ?
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proton in US is whose car leh??

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.
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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?
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...

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