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 Property Bubble Burst or Deflate ? V14 (发), Cherroy Most Forwarded Thread

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bearbearwong
post Nov 21 2014, 08:11 AM

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QUOTE(Showtime747 @ Nov 21 2014, 08:07 AM)
What you think is not important. There are only 2 DDD left in this thread. Last time UUU vs DDD is about 50:50

It shows the market sentiment now. People is "tired" of high price until they have accepted it. They have no more choice. Instead of hoping price come down, they rather think of ways to improve their income and be able to afford the property. The faster you accept, they cheaper you buy

It sounds like "creating fear". But that is the fact in property market for the last 40 years.

If you still don't wake up to the facts, in 5 years time in 1 of your sleepless night, you will remember a LYN member with a aeroplane name warned you before on your regret of your life
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there are also very few ppl when American bubble... yet it still need to bubble, I do not think numbers matters, the transation volume and sentiments is important..

property price already so high and unsustainable, i think the fear is used wrongly, the BBB are using it despite all time high price.. they use the fear of getting high on buyers... it is a known fact to many isnt, yet they stop purchasing.. wonder why

it is a fact and coming fact that property newly vp will see a surge on vp units, maybe could be 30% to 50%

This post has been edited by bearbearwong: Nov 21 2014, 08:12 AM
bearbearwong
post Nov 21 2014, 09:53 AM

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Mr jolokia.. 550k vondo good buy or not?
bearbearwong
post Nov 21 2014, 10:05 AM

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QUOTE(ManutdGiggs @ Nov 21 2014, 09:55 AM)
Got rebates onot??? Otw ur dp is heavy wo. Btw, dun rely on rebates har. Buy 350k can boh???
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Subsales inflated lor.. as mention.. I have ..
bearbearwong
post Nov 21 2014, 10:24 AM

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QUOTE(kradun @ Nov 21 2014, 10:19 AM)
Do developer launch cheaper than subsales? At the end u got to pay more for developer unit wor.. some subsales can save u a lot on renovation like wiring, build in furniture etc.. pay more, get less, and u more happy to be that way ar?
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But some 20 cents investor profit lot...
bearbearwong
post Nov 21 2014, 02:10 PM

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QUOTE(joeblows @ Nov 21 2014, 01:37 PM)
LOL....

All the same old folks still indulging in their mental masturbation, syiok sendiri despite the market collapsing among them.

On LYN talking about how much (paper) gains they made, in private all pissing their pants with their high-rise unable to flip... LOL
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they want ppl to end bubble talk and accept the inflated & market price wor... recession is coming to Malaysia, next year after GST will see the effect..still talking about paper gain oh thee guys
bearbearwong
post Nov 21 2014, 02:12 PM

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QUOTE(tnang @ Nov 21 2014, 02:10 PM)
Malaysia's rising household debt hits new record of 86.8% of GDP,
MALAYSIA’S household debt level has risen to a new record of 86.8% of gross domestic product (GDP) at end-2013, driven by loans for properties and motor vehicles. That is the highest household-debt-to-GDP level in Asia.

“The ratio of household debt-to-GDP is expected to remain elevated over the next few years as demand for credit is likely to remain strong, particularly from the relatively young labour force and more affluent population setting in urban centres,” Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said at a press briefing.

Malaysia recorded a Government Debt to GDP of 54.80 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Malaysia averaged 47.80 Percent from 1990 until 2013, reaching an all time high of 80.74 Percent in 1990 and a record low of 31.80 Percent in 1997. Government Debt To GDP in Malaysia is reported by the Ministry of Finance, Malaysia.
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this is conservative figure, they dun dare release the real figures one, the investors wil say gov wont let Malaysia go bust wor, especially subsales investors, they sayang them and let them profit their 200k first,,
bearbearwong
post Nov 21 2014, 03:09 PM

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QUOTE(Babizz @ Nov 21 2014, 02:48 PM)
ya BNM mus reduce the MOF for commercial props to 75% for 5th prop onwards.. i think many pipu investing in commie props now cos easy to get no or little money down deals.
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PETROL INCREASE DECEMBER 2014

No more subsidies for RON95 petrol, diesel from Dec 1

MPUTRAJAYA: All subsidies for RON95 petrol and diesel will be stopped beginning Dec 1, said Datuk Hasan Malek.

The Domestic Trade, Cooperatives and Consumerism Minister, who announced this at a press conference here on Friday, said the retail prices for RON95 petrol and diesel will be fixed according to a managed float.

http://www.thestar.com.my/News/Nation/2014...-subsidy-dec-1/
bearbearwong
post Nov 21 2014, 03:20 PM

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QUOTE(tnang @ Nov 21 2014, 03:19 PM)
then if petrol price up in future, cost of construction up, property price will up loh, bbb now.
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err... completed units how? superinflation is coming... OCT 2014 inflation rate 2.8%.. OPR January tongue.gif
bearbearwong
post Nov 21 2014, 03:26 PM

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QUOTE(tnang @ Nov 21 2014, 03:21 PM)
if inflation up, new launch up, then subsale owner also want to up mah.... more inflated instead of RM200k become 210k loh.
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good you papar gain another 10k upon this news announcement... buy more... many waiting...inflation also can get 10k already rclxms.gif
bearbearwong
post Nov 21 2014, 03:35 PM

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QUOTE(jolokia @ Nov 21 2014, 03:30 PM)
550K OK for us but Jialat for you as your income only 4K..  icon_question.gif
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good economy coming very soon... very soon.. happy servicing.. rclxms.gif
bearbearwong
post Nov 21 2014, 03:40 PM

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QUOTE(tnang @ Nov 21 2014, 03:39 PM)
np, my tenant help me, thank you very much tenants....
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you got tenant helping you to service loan why wanna sell? keep lar, price will go up what.. so fast got ppl rent?
bearbearwong
post Nov 21 2014, 04:24 PM

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QUOTE(zuiko407 @ Nov 21 2014, 04:08 PM)
Honestly I never see any troublesome buyer like you, that's so simple for anyone to buy a property, I don't understand why u keep complaining, keep thinking, keep talking and scaring but still can't choose one!
For me, you really no chance to get rich, I feel shame if you're chinese, if I got a son like you, I'll kick him down from roof top rather than embarrased the family
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chill man, property is not the only investment and career to ferry you to wards being rich.. but those who are lazy , need to use very low brain capacity and have cash will prefer property investment, sure up theory

the only thing you will find banking on property investment is gambling, having a solid foundation in some skill (not flipping) would be useful..
bearbearwong
post Nov 21 2014, 04:28 PM

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QUOTE(tnang @ Nov 21 2014, 04:26 PM)
no brainer techniques
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wrong, you need to be able to humiliate and deter ppl from talking about bubble... and same time talk only good on properties rclxms.gif
bearbearwong
post Nov 21 2014, 06:21 PM

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QUOTE(jolokia @ Nov 21 2014, 06:19 PM)
Not to pre 2010 price tag.

Eg. Do you think OUG Parklane will be sold for 280K ?? or Green Terrain 350K ??

At most 3-5% drop.

If you look at 97 itself property price didn't drop much, shop lot maybe but not residential.
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Actually 97 was not a property bubble.. if you remember..
bearbearwong
post Nov 21 2014, 06:27 PM

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Many BBB are very angry today.. relax.. take a break.. dun so champion on property only.. serms and looks like overleverage in prop investment only
bearbearwong
post Nov 21 2014, 06:32 PM

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QUOTE(tnang @ Nov 21 2014, 06:22 PM)
Bubble is forming, but not burst
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OUG parklane ppl throw below 400k lehh

it is sad.. even 400k.plus also have problem in subsale.. you know why since ur an owner

This post has been edited by bearbearwong: Nov 21 2014, 06:34 PM
bearbearwong
post Nov 21 2014, 06:37 PM

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QUOTE(bcpbeancounter @ Nov 21 2014, 06:29 PM)
Of course angry la....your reply so slow!
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I know this is 3rd week.. but being oveleveraged till kosong meh.. borrow some from wife and spend..
bearbearwong
post Nov 21 2014, 06:46 PM

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QUOTE(tnang @ Nov 21 2014, 06:35 PM)
Bbw unit i offer cash buy, ok boh
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U throw to agent..they can sell.. think of 2nd and 3rd phase.. dunno how they can compete.. only 1st phase like dare to sell dis price
bearbearwong
post Nov 21 2014, 06:48 PM

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QUOTE(jolokia @ Nov 21 2014, 06:42 PM)
Try buy one & show us  whistling.gif
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I have shown more than enpugh.. reserve some.
. Did not see anyting fro. Ur side..

I dun fancy staying there
bearbearwong
post Nov 21 2014, 06:50 PM

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QUOTE(jolokia @ Nov 21 2014, 06:47 PM)
Your GF very cham lah like this, i PM Zuiko to warn her tonight.  brows.gif

3rd Week ?? Good another week owner will received rental from tenant.

Ah Bear don't be sochai lah, we told you already we didn't even use 1/3 of our nett income to pay the mortgage, year end time to buy wife some luxury gift & bring her go tour more likely..  rclxms.gif
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Show us sth lar.. you talking from start..

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