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

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icemanfx
post Oct 19 2014, 04:36 AM

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icemanfx
post Oct 24 2014, 01:35 PM

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QUOTE(fongolou @ Oct 17 2014, 01:18 AM)
My parent in law told me ecoworld went to sibu to do fair there.
Heard that their shoplot is open fir sales niw..rm4.8mil
They aso show the site pics...looks great in progress...
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If demand for housing (exclude flipping and investment) is strong, why need to promote over 1,000km away?


icemanfx
post Oct 24 2014, 03:38 PM

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QUOTE(Tigerr @ Oct 24 2014, 02:17 PM)
To catch water fish there. There are many rich men in sibu in marine, logging, and illegal businesses there. That's why smart businessman like ecoworld dont sit there n wait for people come buy but take the small effort go sell. Unlike ddd. All sit there waiting price to crash. Govt to implement this n that to help them.
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Unless selling price in sibu is higher, by your definition, kl purchasers are also water fish.

QUOTE(AppreciativeMan @ Oct 24 2014, 03:16 PM)
This is one of the arguement all the while mah....... Told u seller offered price, buyer agreed & accepted and it's transacted..... So u cant call it inflated price anymore..... Its already an agreed market price....  cool2.gif  cool2.gif
But what was your arguement all the while??..... So once again... different things or things in your favor then u can say if its agreed/allow then its not call inflated???...... KNS.... doh.gif  doh.gif  doh.gif
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Believe this is how the syndicate moved the price and the herd took it hook, line and sinker.
icemanfx
post Oct 24 2014, 04:01 PM

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China’s new-home prices fell in all but one city monitored by the government last month as the easing of property curbs failed to stem a market downturn amid tight credit.

Prices dropped in 69 of the 70 cities in September from August, the National Bureau of Statistics said in a statement today, the most since January 2011 when the government changed the way it compiles the data. They fell in 68 cities in August.

icemanfx
post Oct 24 2014, 04:13 PM

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QUOTE(AppreciativeMan @ Oct 24 2014, 03:48 PM)
Please eleborate...... or its jus your pure "speculation"??? whistling.gif  whistling.gif

Transacted means cost!! I'll like to kno which syndicate really so "silly" to do it in this way...... or at least..... share with us which condo hav such syndicate doing it?.....  laugh.gif  laugh.gif
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Ever wonder why after end of bull run be it stock, gold, property, etc, few if any herd member not under water?
icemanfx
post Oct 26 2014, 07:24 PM

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icemanfx
post Oct 26 2014, 10:55 PM

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QUOTE(CloudAtla$ @ Oct 26 2014, 09:03 PM)
Studnt no more kung fu. His professor oso kung fu habis.  No more point to debate.
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The world economy need herds to move price and create opportunity. The more active the herd, the better the opportunity ahead. Bravo!

icemanfx
post Oct 30 2014, 12:58 AM

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QUOTE(wKkaY @ Oct 28 2014, 11:42 PM)
Stop the flaming and personal attacks. It is not tolerated in this forum.

This thread is closed until tomorrow for everyone to cool off.
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What's else could be expected from the herd?


icemanfx
post Oct 30 2014, 09:42 AM

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Oug parklane development is popular, VP this year, believed is a good benchmark and could be the tipping point for subsale market

This post has been edited by icemanfx: Oct 30 2014, 09:46 AM
icemanfx
post Oct 30 2014, 11:39 AM

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QUOTE(ManutdGiggs @ Oct 30 2014, 05:43 AM)
Boss dun make luv. The whole world is making luv. Maybe u can choose to make war cos onli small % making war. But I dislike tis kinda species. They r special n unique. I jelly. sweat.gif
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QUOTE(CloudAtla$ @ Oct 30 2014, 10:11 AM)
Dun be herd mentality. Piap piap.
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icemanfx
post Oct 30 2014, 03:14 PM

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QUOTE(Jliew168 @ Oct 30 2014, 09:00 AM)
Professor bz doing part time in baskin Robbin now, no time snake out n reply la.
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QUOTE(CloudAtla$ @ Oct 30 2014, 01:12 PM)
Student, whr to invest? Wat to invest? My piggy bank got rm20. I wan to earn 8x profit like mraccountant.
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icemanfx
post Oct 30 2014, 07:34 PM

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QUOTE(Showtime747 @ Oct 30 2014, 07:10 PM)
Condo price from RM200k to RM600k now. Even if the bubble burst, they can't buy the same condo back at original price 5-6 years ago
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What were the reasons for price to tripled in 5-6 years?

icemanfx
post Oct 30 2014, 07:38 PM

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QUOTE(Showtime747 @ Oct 30 2014, 07:27 PM)
Ya, can't brain if those condo drop price to that level.

To expect bubble burst, something got to happen to our economy

--> economy bad --> recession --> unemployment --> people cannot service loan --> fire sale

What will cause Malaysia economy to collapse ?

1. Economy strong. Now growing at 5%+
2. World economy no major bad news like 2007-2010 period
3. Malaysia banks no more easy credit to cut high debt issue
4. Govt debt down (see below link)
5. US QE tapered without incident. Now Euro and China start their own QE
6. Interest rate stable. USA rates remain low despite tapering
7. RM stable. Forex reserve strong very low risk of attack
DDD got to be realistic. Bubble won't burst out of nothing. Looks like something extraordinary has to happen to fulfill DDD's dream. Like a Nuclear war. Otherwise, look like DDD will continue to be disappointed

http://www.themalaymailonline.com/malaysia...points-says-naj
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It need not economic collapse or recession for property bubble to burst. Residential property is unproductive and none value adding, property price could collapsed under it's own weight.

This post has been edited by icemanfx: Oct 30 2014, 07:40 PM
icemanfx
post Oct 30 2014, 11:48 PM

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QUOTE(Showtime747 @ Oct 30 2014, 07:51 PM)
I am a BTC. What I knew is the price DID increase a lot, and didn't come down

If you are a real economic student, perhaps you may want to explain the phenomenon ?
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Answer;
QUOTE(jolokia @ Oct 30 2014, 06:15 PM)
I toiler my advise to you so don't take it as general.
How can it be bad investment ? Zero DP, upon VP 100K drop from sky, you call that bad investment ah ?
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QUOTE(Showtime747 @ Oct 30 2014, 07:56 PM)
If you are talking about "price adjustment", you could be right. But that will also closely tie to economic slow down.

If you are talking about bubble burst, please tell me example of countries' property market collapse without economic crisis. Recent ones are USA (sub-prime) and Spain/Greece (country close to bankrupt). And give example on malaysia's experience as well
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Residential property price rise didn't create a construction boom like in the US, Spain or Greece, residential property is unproductive, construction industry is less than 10% of gdp and residential property loan is less than 20% of bank loan portfolio, residential property price collapse will have little impact on the aggregate economy and need not economic crisis to cause residential price collapse.

This post has been edited by icemanfx: Oct 30 2014, 11:48 PM
icemanfx
post Oct 31 2014, 07:17 AM

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QUOTE(bcpbeancounter @ Oct 31 2014, 12:05 AM)
Well said!  But why everyone seems so kan jiong on household debts which majority are housing debts? But those bankrupt are Cc and personal loan la.
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Many of subprime house buyers have yet to begin paying loan installment.

icemanfx
post Oct 31 2014, 10:32 AM

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QUOTE(jolokia @ Oct 31 2014, 08:48 AM)
Ice cream price will drop 30% or not ? I crave for ice cream some but knowing 30% discount coming soon, i wait for price slash..  rclxms.gif 

Property price will not cause massive economy crisis, but you need a crisis for property price to drop, why would i deliberately cut price ? punggung ichy ah ?  doh.gif

Maybe is time to invest in ice cream machine open ice cream store, can get cheap part time student labor.. rolleyes.gif
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user posted image

Subprime flippers in trouble will bring down the economy?

icemanfx
post Oct 31 2014, 02:42 PM

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QUOTE(jolokia @ Oct 31 2014, 01:18 PM)
He forget 1 very important factor, Angmoh don't keep money as reserve, while asian especially Chinese do.  whistling.gif
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QUOTE(jolokia @ Oct 31 2014, 02:00 PM)
If i am not mistaken i read it somewhere Malaysian is among the highest saving in the world, meaning most of us would save some amount of money for raining day, emergency, future investment, old day & etc, Most angmoh would today got wine today drunk, tomorrow got problem tomorrow worry, as they have unemployment fund even they not working, our bankruptcy law are also more strict where one remained bankrupt till settle all debts, in western world just need to pass certain years & can get out of bankruptcy even they don't pay.
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Statistics of high saving rate include EPF. If prudent is expected, bankruptcy from credit card and car loan shouldn't be alarming. Among Asean country, Malaysians have least amount of cash in their bank account, most barely have enough to sustain 6 months of expenses without any income.

QUOTE(Showtime747 @ Oct 31 2014, 02:20 PM)
Missed the boat syndrome

When a prospective property buyer defer his decision to purchase, it will be more difficult for him to buy when the price of the property continue to increase later.

For eg.

1. The current property price is RM500k.

2. The prospective buyer makes a decision to defer his purchase in hope of the price to decrease or at worse stagnant

3. The property price increase to RM550k

4. The prospective buyer will feel that "oh no, I could have bought it cheaper if I decide to buy then", "same goods is RM50k more expensive now", "not worth anymore", "no face if I pay RM50k more for nothing", "seller profits RM50k from me for nothing"

5. The prospective buyer will convinced himself that "price will crash", "there are always other property for me to choose", "I still have time", "don't rush buying decision", "let the owner suffer when price crash"

6. But the price keep increasing and market price is now RM575k

7. They will feel more resistance to buy because the property is labelled deep in their mind for RM500k only.

8. They will start to convince themselves bubble is getting bigger and bigger and will soon burst and price will come back down to RM500k. At RM500k, they will not hesitate to buy this time

9. Then the price increase to RM600k, RM625k, RM650k.....

10. And become harder and harder to accept a property only worth RM500k is now 30% more expensive. No way they are going to pay RM150k more

This is the "MISSED THE BOAT SYNDROME" suffered by the DDD here
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This was what gold punters said when gold was on the upward trend.

icemanfx
post Nov 1 2014, 07:15 PM

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QUOTE(jolokia @ Nov 1 2014, 01:57 PM)
Damn i am the one under the fruits still can't decide which 3rd prop to get.. cry.gif
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Bet one or both of your property has yet to VP.

QUOTE(CloudAtla$ @ Nov 1 2014, 07:13 PM)
Most of the DDD r milo tin kosong. Not lookin down on them but the fact is they cant afford buying prop regardles price up or down. They r bunch of jealous pipu cant stand lookin othrs making handsome return fr prop investmnt. They need to save donkey years to match dat profit. So they wish market crash to release their tension. Reali lapsap.
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It is no wonder, at end of bull run, most if not all punters will end up under water.


This post has been edited by icemanfx: Nov 1 2014, 07:32 PM
icemanfx
post Nov 1 2014, 07:34 PM

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QUOTE(CloudAtla$ @ Nov 1 2014, 07:28 PM)
Dis course good for studnt.
Study harder. Stop be a lapsap.

http://reapfieldacademy.my/ncc/?gclid=CKnK...CFVgOjgod5zkA8w
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You are r.e agent?

icemanfx
post Nov 1 2014, 09:48 PM

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QUOTE(Jliew168 @ Nov 1 2014, 09:07 PM)
Student u have any failed investment story to tell us?
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Joining herd during bull run til the end is certain to be underwater.


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