Hi guys, how you check if the project is really hot selling? wish to know how many percent it was sold.

If sold >50% only consider safe?

Kindly share any comments.
Thanks

Usually you'd just ask your sales agent..

no way can check unless you have insider info

They said 80% but normally I don't fully trust agent.
Or check with banker will be more accurate?

What if there are a few panel banks?
Insider of LHDN may have the stamped SnP count.

sticker games!

always

b4 u buy, ask 5 "WHY"- by Dr. Daniele Gambero

WHY this location??
WHY this price?
WHY this developer?
WHY this time?
WHY this package?

Well... Scare don't buy. Bought don't scare.

Most are getting answers from agents.. but can't really trust them still.

Dr D is a property marketing guy. he's always positive on property.

This post has been edited by corleone74: Oct 22 2014, 08:36 PM

Own self buy why need to kepoh how many units developer sell ? what do you mean by safe ? you scare abandon project ? then just book late & pay high price or take leftovers units loh...lol

usually sold out before you notice, if you notice first day /soft launch/new launch , then no good, no investors wants

Not really lah ! some unit are internal people only, some reserved partly for internal people, some bought by bulk purchasers, depends ob developer sone insists some unit must be sell to public some don't,.

Many developer deliberately keep some unit to be sold after VP to push secondary market. .

So sell fast doesn't mean good, sell slowly also doesn't mean no good.

Just you think more Vacant unit mean no good but price keep going up..lol

just interested to know ,what factors push the price up when there is low/no transaction?

When raw mat price up Milo 'll not wat for surplus to hike price in retail.

Tailou Giggs, you have any idea how to check the sold percentage?

Soli boss I dun think dev 'll b honest. So just rely on sales chart even if they reserved it to insiders or agents.

you can check in Ministry of Housing website

Isnt price the result of supply versus demand?

Possible situation will be demand is falling but supply is shrinking even more, so demand still outnumbers supply even though transactions are lower, causing upward pressure on price.

information not up to date, right?

but why are there still many vacant units? like those vp but no one stay?

demand falling, supply must be more right? demand falls, supply falls? who is buying the supplies?

well, lets assume that supply can never catch up with demand, does that means if you buy any property, sure there will be demand?

I got a different view on demand, demands with ability to get loans and enough DP to buy is a d\real demands, demands to own a house but no DP or got DP but cannot borrow loans is a mere wish to own a house, these are not demands..

demands during new launches which finish all units withing hours some days are not demands to stay, but demands to invest and make quick bucks, why do I say that? coz the subsequent demand upon VP never reflect even close of the initial launch, that is why many empty but completed units isn't units I observe already more than 1 year and counting with vacant

could you share where did you bought your project? do you share the same faith as "supply cannot catch up with demands"?

Under con sales transaction entry cost is alway much much lower than completed property sales transaction. This is why during new launches finish all units within hours or some days but when completed takes more than a year to fully occupied.

very good, how low was the low entry we meant here?

the mass subsales/vacant new properties condos , landed and highrise are btw segments btw 400k to 800k massly, and these buyers just either cant get enought DP's which are 40k to 80k, plus legal fees and etc to own a house maybe 60k to 100k also dun have..

got see how weak are the buying powers outside? that is why the units are left vacant and no buyers right? demand to invest is simple, low entry, freebies alot, with DIBS or no DIBS does not matter, merely no DIBS service few hundred and few thousands once vp..but never thought more cooling measure are in like RPGT, loan DSR 70% and etc..

see what happen to newly vacant properties, cant be sold, and investors pays bills for installments and mainteannce, longer they pay, more their expected profit will cut small , longer it goes, risk of not able to dispose, units getting old, features getting outdated, not to mention new launches are everyweek

Sold before sell, as they are going to flip it.
Now is not the time to buy property.

Buy then keep 30 years for grand children

yup, investors are trying to final push the prop market, they want to cash out...

cannot be such a coincidence to have so many mass units and also see many ywllow banners for sale.. right or not? by keeping till for grandson time, ur credit with banks is locked for 35 years...

do join us in property bubble talk we are in version 12...

https://forum.lowyat.net/topic/3381037/+820#entry71027585

Now is time to relax and keep cash
Wait till investors half dead and dumping price only start buying.

got the same feeling too, next year super inflation, OPR will be increased by bank negara this dec.. rotting di , I am just hope to have 20% discounts will be good

OPR increase is expected. But GST effect will be more.
Not to mention next year got 10-15 projects going to release keys. So rental or flipping will be facing problems.

we really thought the same.. yes it is so true, older newly vp projects will lose out, look at recently 2 months vp OUG parklane @ jalan klang lama, it is vp 4600 units plus now selling subsales 390k to 450k only, developers still holding 5% units not able to sell as of today.. that converts to 200-300 units.. that is KL.. outskirt properties will cry

buyers/spenders are keeping/conserving cash for the worse, investors has no choice but to be bound by debts and OPR increase.. either sell off now or wait next cycle after GST effect cools off, could take years... and our country likes to increase GST rates yearly , super inflation coming

if I'm not mistaken, info in the Housing Ministry is based on secured deal (with signed spa) not based on bookings..

your dream may come true bbw

thank you, gotta start with a dream first

for all the waiting and sacrifice you made..is that all you need?..just 20%?

Well, everyone in this forum know bbw is a fool.

Price of the property increase too fast, until our salary can't catch up. So is expect-able if the bubble happens

Wet dream

Buying now maybe not a good idea too.. highest price peak..

How to tell it's highest??? For all or for some or for one Onli???

Why u ask so high for ur land??? Why u become so herd???

tired of u all keep saying property gonna go down? where? give me example? I dont see ler. Now waiting to buy. dont mention crap property here. i want good ones like near mrt/lrt area, central kl area etc.

Bro, just ignored BBW for his foolish.

by the time of bubbles, i think he should not able to buy any properties even if drop 20% of the property value coz of inflation & GST if implemented.

i believed all of here us know too well about BBW.

Jm2c

Every yr also peak lah....... 2003 not highest at that time?...... 2005 not highest at that time?..... 2006, 2007, 2008 until this yr........ listening to u will end up empty nest.......

Earlier u say they'll increase during Sep........ Now shifting to Dec liao??......

both of them in the same ship?

MGG

Sinking ship??.....

you are everywhere now dato cute!

cannot run away from you...



This post has been edited by MaiGehGeh: Oct 23 2014, 12:47 PM

opss, seems the herd is here, transaction pretty low, those outskirt , desa coalfields NO2.

buy more please, the property developers, agents are complaining slow down and many loans were rejected, could given them a helping hand please.

guys so confident, holding cheap properties around? 300-400k, of course confident, there are 500k , 700k buyers, how to bubble right?

low transaction but price still up, what kind supply vs demand is this? new syllabus in studies for such pattern..

those treez, rainzz, leafzz, petalszz, many speculators one, high risk, thought grab 700k units from these can flip to 1 million later.. think again, market segments are currently halted at 400k to 800k mass supplies, 1 million must be more buyers..

happy depavali man

Taiko you have any idea how to check the sold percentage? Normally can't trust agent one..

If u wants to kno the real figure.... u hav to kno the internal staff or management staff.....

In fact no MPC meeting in Dec. The last one for this year is coming soon in early Nov but expect no OPR hike this time round.

Wooo... Alex kor become Dato' now!

Jus the most recent comments.....
In Aug&Sep....... bbw says confidently rate hike......
Budget....... bbw confidently gov will bulldoze prop price lower....
As requested to add....
2 weeks back.... Seeing stock drop few days, predict stocks market gonna crash gao gao... lotsa ppl will kantoi.... and prop will follow after that......
Now..... bbw confidently rate hike Dec (or Nov.... whichever la...).....
Never giv up in prediction..... One day he'll hav chance to say..... "See, I told u so!".....

This post has been edited by AppreciativeMan: Oct 23 2014, 07:56 PM

If go Genting with him, make sure put the bet on the opposing side against him - sure Huat

invited b4 liao......

Market now sibeh hoseh liao!buy la buy la~~
BLR won't raise,bank loan reject rate drop a lot,a lot condo fully occupied b4 vp-ed,easy find good tenant (5+1),
Next year GST inflation push up housing price,renter minus loan got positive cash flow,now don't buy wait when?

BBW don't spoil the market,I got a unit flipping....

Boss u forgotten the stock market crisis la. Bro bear so confident tat all players ll kantoi but too bad it rebounded nicely le. Come on, put it in the list pls.

I cycled with bro bear bear to genting for kopi susu. But too bad he din pay. I paid. KNN

soli soli boss..... add in immediately liao.....

wah... you so syok ar, can go drink susu with boss

Last page have no relevance to topic. I thought these kind of things only happen in /k.

May I ask the purpose of getting percentage sold ? for rival developer strategy ? would a 95% sold project more value than a 90% sold project ?

Lower risk of abandone bro..

what soli soli??...say properly..."SORRY"..

Then suggest you to buy late, wait until the property to sell around 90% only you do your booking, pay the premium, accept leftover or unwanted units, or else how can you know the percentage at the end ? correct ?

Assume you line up first day you do the booking 20% sold you wait for 1 week booking only go up to 40% what you going to do ? call the developer ask for deposit refund ? 2 week later booking hit 80% you call the developer you want to cancel the refund request & wanna confirm buy ??

You can only know the total number confirm sales after you sign the Snp isn't it, or you want the developer give you special deal to sign Snp only if developer can proof to you 90% confirm sold ...

Assumed you had signed the SnP but sales doesn't pick up fast, you worried till sleepless for 3 years till VP ...

Desa Coalfield la. Naza TTDI Kajang la. we have never acknowledge those as good props.

give me good props but reduced in price ler. give example please. dont tok bad props. lol

This post has been edited by AMINT: Oct 24 2014, 09:48 AM

huhu.

The project marketed by him - selayang springs just got abandoned

that locate is quite good, you sure? where is the source?

yep you can google it in kpkt website.


This post has been edited by Jdite: Oct 24 2014, 10:56 AM

Tropicana heights kajang.. garden residency cyber/putra..

tropicana heights kajang? only very2 few units left ler. how can u say that is bad? if like that, i can also say Vipod KLCC bad coz only left 1 penthouse. setia eco hill bad coz left a few. logical? I dont think so bro. Garden residence i cant comment coz i dunno the status.

trolling only.. tropicana heights very good di, SEH & semenyih project not good.. hope subsles new units wont end like bangi avenue, 500k below also no one wants...

but kajang 2, zenia park also selling 500k to 550k new DSL beside nadayu .. can see from TH right?

Soli or sorry is not important..... importantly is i get the job done....

JH is the onli place for ddd. The rest no need to consider.

Kamsiah boss. Forgotten to say so last nite.

Dont mention....... I'm jus putting in my little effort to 为民除害.....

Sorry, such thing won't happen in city area, in rural area maybe will happen.
Because now when they sell 1 unit, it can cover 15-20 units.
And with sold before sell strategy, they won't worry on this because they know people are stupid enough to chase.

Then Profit margin at least 1000% based on what u say?..got so much???

Just check the developers that listed in Bursa, their new income per quarter are in billions. That's after all the salary paid to all the staffs and board of directors.
A piece of sand brick we buy from hardware shop is rm0.50-0.70 while developer buy in trailer which only cost rm0.10-0.20 including transportation.
And some now are using cement slab as wall, it is even cheaper.
And most of the properties now are made from glasses, so again the cost are lower.

This post has been edited by supersound: Oct 24 2014, 08:54 PM

Laugh gao die me.

Knowledge is so important. Oopsi Soli I dun hav it. Paiseh.

My fren said cannot check it anymore!

Apa cara ni? Practical kah?

If 1 person can only buy 1 property, the sales figure will be very nice to see. For 1 new flat being built, about 5-10% are sold, not more than that.

Wahsei you make me so happy man!
If follow what you say then every project developer only need to sell 10% then can get breakeven /net profit alrdy.. Whey need to advertise and give discount like what happening now?!

Got discount meh? I only know they will keep increasing the price every month. Like increasing 10-20% then give 5% discount. If this is the discount you waiting.

Boss increasing 10-20% 'll make dev price double in no more than 12 mths wo. U sure ur statement is korek ar???

You may deny my statements, I have no problem with it.

A Q is a Q. Not denying. But need more explaination as of how dev hike the price. I'm no brainer in dev job. Pls enlighten.

No obligation.

Boss, this is call "1 mountain still got another mountain higher".......

bbw..... u are out already.....