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 Property Bubble & Its Social Impact V13, LYN famous DDD Vs UUU Thread

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kradun
post Oct 29 2014, 08:23 PM

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That will change lot of women thinking.. Soon own a house will be the 1st priority before a woman agree to marry a man.. Even provide a shelter also cannot afford, then no need to talk about how secure if she marry to that guy..
kradun
post Nov 4 2014, 07:40 PM

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QUOTE(ChAOoz @ Nov 4 2014, 07:33 PM)
When property prices goes up, rental yield goes up !

As unaffordability forced people who still want great residence to borrow it for the time being. Old people has a saying always must buy own property but now our generation we live in the moment so must enjoy kau kau first  biggrin.gif

People always say can't afford house, in actual fact is they can't afford the houses they want. If they don't mind no swimming pool, gym, sauna, amenities etc, there is still many below 250k for them to choose from as first time property buyer.
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That why the price will remain high as since beginning it did not target average income earner as potential buyer.. Dream home just like dream woman, got to meet certain requirement only got chance to have it.. Keep trolling with average income earner cannot afford 500k-600k branded new property is completely bullshit..
kradun
post Nov 5 2014, 04:13 PM

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Any1 can help to list out the dibs property that facing fire sales.. since this dibs already start introduced since 6years back, by right fire sales should start long time ago..
kradun
post Nov 5 2014, 06:43 PM

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QUOTE(bearbearwong @ Nov 5 2014, 04:31 PM)
can some list out married couple which prefer studio and speech like this in LYN?

Krandun -
hmm
hmm
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I thought u mean buying with dibs is guarantee need to fire sales upon vp ma.. So after 6years of dibs introduced non of it vp yet? Anybody can help to clear the mist.. Since u make ur own wild assumption about all these buyers is subprime applicants, mayb u need to rethink ur illogic interpretation toward these no holding power buyers lo.. Else u will get the same dissapointment in future.. Mayb is bigger 1 because ur hope is very big now..
kradun
post Nov 5 2014, 07:00 PM

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QUOTE(bearbearwong @ Nov 5 2014, 06:51 PM)
Oh.. let see.. we have one non degree holder reporting in I see
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Non degree no problem.. Many uncle dont even complete standard 6 but is profitable business owner.. Degree cert just a certification for u complete ur course, that all.. Only fresh graduate use that piece of paper to earn their living..
kradun
post Nov 5 2014, 08:20 PM

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QUOTE(bearbearwong @ Nov 5 2014, 07:58 PM)
so 600k  can sell or not? want Jolokia help you count or not? looks like not doing good... 30% cash park in... rclxms.gif , not for own stay, rental cant cover , even it does no profit , credit locked, capital appreciation?

Jolokia refuse to use the analogy of one south, this would have proven a bad investment indeed
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bro, buta2 earn RM100k u said is bad investment then what else consider ok? even seller willing to earn lesser at 50% discount still can earn RM50k beat almost all other type of investment that u see in this market.. please enlightent which type is consider good investment..
kradun
post Nov 5 2014, 08:29 PM

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QUOTE(bearbearwong @ Nov 5 2014, 08:16 PM)
u sure our banking system is prudent? this is Malaysia runned by Malai

wow, even those properties are being speculated? and the price are not speculated? then you gotta do back ground check on your peers across the board, they are in fact 65% of your peers who do not have house majority, hear me right.. waiting for help and renting , who are the culprits?
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indeed u are the 1 wait for help and renting.. chinese said "dont have big head dont wear big hat".. u mayb need to reconsider ur false interpretation toward other property buyer all are flippers, wild assumption they will act like u to borrow till nose level only can fire sales upon vp.. now the "subprime applicants under dibs" almost not valid as ur point for fire sales.. unless none of it vp after 6 years since it introduce..
kradun
post Nov 5 2014, 08:33 PM

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QUOTE(max_cavalera @ Nov 5 2014, 08:24 PM)
erm...i dont get you? actually u are so upbeat and angry at government, speculators? u can buy any property even starf rom 20-40k u know?

Lemme assist you:

Google CIMB property mart....they have category for auction less than 100k.... no need so frustrated bro... icon_rolleyes.gif

my wife buys an apartment 2 years back at 215k in shah alam and now agent offer 330k++..

me buy ard 275k but got offered 350k ish still reject...as the rental rate is more worthwhile than selling now...

u need to start somewhere and trade up....my parents 1st stay ina a single storey house and only then they trade up to a bungalow... even my wife too....all ppl start somewhere small....unless u have a rich parents thats willing to sponsor ur 1st landed prop in a strategic location in klang valley...
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this type of property no class, why border? he wan bmw at camry price, not 20year old kancil.. If high income earner like him buy those as home u think he dare to invite his peer with professional title go his house warming ar?
kradun
post Nov 5 2014, 08:52 PM

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QUOTE(bearbearwong @ Nov 5 2014, 08:33 PM)
from this I know already where you are coming from... you see, the property price are due to speculations, from the majority comments above you know they are denying the speculation activity..
if you guys support the base, they will be hoping you to upgrade some time after, i.,e taking heavier debts for their expected profit... you be forever debt bound by speculation scheme.. not to worry, these activity affects the Chinese the most, and these areas are extra 10-20% more expensive than any similar properties/built up /year/facing, just because speculating..

sad enough current prop are subsales at 400k to 800k region, and demands lowered, transaction of course would have lowered.. (confirmed by many news), these jokers are are servicing properties loans and maintenance... they are at hard time too, but still not letting go their 200k at least expected profits.. these groups holds the 300k chips prop like your wife did, so rental could have cover or enough.. that is why the confident here... but those holding 500k like Midfields 2, green residence 700k, and etc can only be for ownstay... but by having more more ppl buying 500k, 700k bracket, they feel secured, coz how property will drop we got 700k and 500k ppl be our vanguard..

that is why the spurr here.. and apologies for any unintended words blurted out..
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ur eyes only able to see house selling at premium tags with brand new, big build up, red brick, freehold, chinese area, etc.. u can't blame on others also because ur nature of like to bet on ur own destiny.. we still need the house for ourself, as saving for our children eduction fund, our own retirement fund.. u have a lot of time can wait la but not all have same luxury like u can wait forever leh..
kradun
post Nov 5 2014, 09:07 PM

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QUOTE(max_cavalera @ Nov 5 2014, 08:58 PM)
okay.jpeg bro  unsure.gif

anyway dont be demotivate...always scout for some good deals in auction...sure can find one ler...good opportunity available all the time...if u expect most of this ppl to go broke is like waiting for armageddon....u can do it!  thumbup.gif
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but this bbw is a bit stuborn 1, he die die wana buy those inflated prop with 20% discount from current price.. u tell him wait those property owner go broke and fire sales to him need to wait for armageddon is a demotivated advice to him..
kradun
post Nov 5 2014, 09:44 PM

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QUOTE(Jliew168 @ Nov 5 2014, 09:30 PM)

Wah so positive ah...well actually I just hope for 600k...too high not a good sign and it mean harder for me to buy more in future..

Wonder why u always like take midfield 2 as example whistling.gif
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I think u have bought his dream house.. because of u he cant show off to his gf..
kradun
post Nov 6 2014, 02:10 PM

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QUOTE(icemanfx @ Nov 6 2014, 10:58 AM)
Some people said;
- land is no longer made. price will rise indefinitely.
- property is about location, location, location. premier area price will never drop.
- high end property price will never drop.

But in reality;

Home prices on Sentosa have fallen about 40 percent since 2012, compared with a 28 percent drop in 2008, Cheong said.

Prices of some condominiums slumped as much as 45 percent from 2007, when they were first sold, at auctions earlier this year by banks that repossessed them, according to Maybank Kim Eng.

A bungalow on 11,280 square feet of land on Treasure Island in Sentosa Cove was sold for 53 percent below the peak this year, while a 7,341-square-foot property on Paradise Island was priced 39 percent below the record S$3,214 per square foot, URA data showed.

Apartment prices on Sentosa have dropped about 43 percent from two years ago, data compiled by real estate research firm StreetSine Pte showed. Two units at Turquoise, a high-end condominium on the south side of the island, changed hands at 45 percent discounts to their initial prices in the second quarter, as banks sold them off in auctions, Maybank Kim Eng said.

http://www.bloomberg.com/news/2014-11-05/b...erty-curbs.html

Opportunity to pick up some dead chicken in sentosa? anyone?
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No need so far away our bukit beruntung can be qualify as example of price drop as much as xx%.. But it is just small dot of kv property..
kradun
post Nov 6 2014, 06:58 PM

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QUOTE(icemanfx @ Nov 6 2014, 06:00 PM)
Since kv property appreciate tripled in the last 6 years, why still keep your money in unit trust, forex, some in FD, PNB products? Lack of self confidence?
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Not correct leh, i read some where comparing 2004 to 2014 the price go up only 150% la.. only certain prop so lucky go up so much..
QUOTE(jolokia @ Nov 6 2014, 06:38 PM)
I like this thread & Bear2 , he very kind always wish me own a lot of property which i don't even know i bought ?

He also introduce me a lot of god buy thouh i can't afford for the time been.

I wish him good luck & bought a property his GF can accept & bagi him this this weekend, or else if he keep fire for too long not good for his health.  tongue.gif
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Everytime he be little people who married and stay in studio is a great motivation to me.. bbw is like my energy pill always increase my positively energy level.. although i cant imagine how happy if i stay outskirt with bigger landed.. but he seem like guarantee better if stay outskirt bigger landed..
kradun
post Nov 7 2014, 02:07 PM

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QUOTE(party @ Nov 7 2014, 02:00 PM)
Aren't that's what you doing to me? Why so selective..only DD cam look down, critic, vulgar, post news but UUU one all can't believe and is conspiracy?
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Bro, look down on u so that can motivate u to achieve better.. Who know less smart people have few fold higher net worth than oversea paper leh.. brows.gif
kradun
post Nov 9 2014, 10:49 AM

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QUOTE(icemanfx @ Nov 9 2014, 10:32 AM)
The herd could bark whatever they want during the bull run. We will revisit after interest rate increased by 3%.
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After 3 year just go up 0.25% need how many more year to go up 3%?
kradun
post Nov 9 2014, 11:17 AM

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QUOTE(Tigerr @ Nov 9 2014, 11:03 AM)
Or u wait the earth quake strike kv n high rise starts to collapse down. Then the property price for high rise ll collapse too n I guess u ll fire storm sale your high rise n top up the out standing to the bank if u able to sell earlier than others
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Historical we have world war 1 and 2. Alien not come human will also attack each other.. So many uncertainties better sell off all my houses and rent at least no need to bear the risk, even need to move house every year after chase out by my landlord..
kradun
post Nov 9 2014, 11:39 AM

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QUOTE(Showtime747 @ Nov 9 2014, 11:28 AM)
At least that is a prediction. The DDD don't even dare to predict anything  tongue.gif  tongue.gif
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Historical has proven with so many negative news the property price is still go up up up and away.. Predict something that already proven not going to happen will be diffiicult like win jackport, not impossible but the winning probability is too low till almost certain will not happen..

This post has been edited by kradun: Nov 9 2014, 11:40 AM
kradun
post Nov 9 2014, 02:59 PM

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QUOTE(bearbearwong @ Nov 9 2014, 01:22 PM)
u should buy more, many new launches are waiting for you, which is not normal during the 3-4 years ago, unfinished new launch and unfinished and long hold subsales...

out there now only buying spree for new launch with low entry , rebates and etc... 10% deposit all no investors one..

recently launhed Didaman at bandar tasik selatan selling 410k above 900sq service apoartment, no rebates, no discounts.. pay 10% Dp, no DIBS..

launched1 months still booking less than 10%, soft launch at malls, going to official launched after chinese new year, if you want brouchers i can scan to you

http://www.iproperty.com.my/propertylistin...ominium-forsale
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U think ur money only use to own fancy house no need makan ar? Buy liao need to give chance other to buy la else later u said they only got 1 butt why need additional house.. after buy my studio my balance credit left less than 200k u got any nice house to recommend ar?
kradun
post Nov 9 2014, 04:52 PM

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QUOTE(bearbearwong @ Nov 9 2014, 04:25 PM)
this mana ada true? sentiments now are dead everywhere...
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Where got completely not moving oh.. Just slower but still slightly going up.. At least my studio asking price mostly at 10% above compared to my purchase in feb14. Mayb u willing to accept lower profit as u know u will be bleeding from every month maintenance and repayment, but most of those house owner are sturborn and wont think like u do.. Else long time ago the property price already adjusted instead of current high hanging price..
kradun
post Nov 9 2014, 05:13 PM

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QUOTE(Jliew168 @ Nov 9 2014, 05:02 PM)
Congrat bro , 10% increase is very good investment already. If you take 90% loan, within a year your ROI is gross 100%
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Mayb buyer profile contributed to this result aswell, as this project launch in 2011 with early bird 3% disc but without dibs.. At that time if they look for max cocr then most of them will skip this kind of project..

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