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

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bearbearwong
post Nov 18 2014, 11:46 PM

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QUOTE(bcpbeancounter @ Nov 18 2014, 11:44 PM)
i only ask you to buy le. others wan to buy or not i don't bother la. i never fear of people don't buy le....but ho, everyday agent keep calling me ask me to rent or sell my unit. i ask them yak si la
tell you also don't believe. haiz.... doh.gif
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well you can share with with the project name at least.. right?
Minolta
post Nov 18 2014, 11:46 PM

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QUOTE(bearbearwong @ Nov 18 2014, 11:44 PM)
u can post ur ccris, we disregard ur ah long , they will find you soon.. tongue.gif
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but u havent teach me finger click kungfu yet woh......if not i show u my cccrriiiisssss brows.gif
bcpbeancounter
post Nov 18 2014, 11:47 PM

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QUOTE(bearbearwong @ Nov 18 2014, 11:43 PM)
AKPK is at wisma bumi raya, CCRis is at bank negara  tongue.gif , sharing is caring...
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oh really? soli ya....both also not familiar.
bearbearwong
post Nov 18 2014, 11:47 PM

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QUOTE(zuiko407 @ Nov 18 2014, 11:45 PM)
Bear bear, I'm still waiting, where's your FD? Just print screen and post here, that's easy
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eh really ma fan.. i put in many many leh.. small amount small amount.. need to cover name , acc num.. sumore many bank.. affin, laohu , hsbc, and dun remember di..
Minolta
post Nov 18 2014, 11:47 PM

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QUOTE(bearbearwong @ Nov 18 2014, 11:45 PM)
maybe you masuk salah tered kot? ni bubble, buat ape you mention fashion?
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got bubble meh? U tok about fashion first woh.....
Minolta
post Nov 18 2014, 11:48 PM

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QUOTE(bearbearwong @ Nov 18 2014, 11:46 PM)
well you can share with with the project name at least.. right?
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why? u interested to buy ah?
bcpbeancounter
post Nov 18 2014, 11:48 PM

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QUOTE(bearbearwong @ Nov 18 2014, 11:46 PM)
well you can share with with the project name at least.. right?
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better don't lo....later you red eye tongue.gif
bearbearwong
post Nov 18 2014, 11:49 PM

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QUOTE(Minolta @ Nov 18 2014, 11:46 PM)
but u havent teach me finger click kungfu yet woh......if not i show u my cccrriiiisssss brows.gif
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well have you found your fashion tered? can smell you anger building up.. coz from nonsensical to short sentence.. just forum, link 2 need attention like last post 6 months ago at least
zuiko407
post Nov 18 2014, 11:49 PM

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QUOTE(bearbearwong @ Nov 18 2014, 11:47 PM)
eh really ma fan.. i put in many many leh.. small amount small amount.. need to cover name , acc num.. sumore many bank.. affin, laohu , hsbc, and dun remember di..
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I'm ok, I can wait, u can post one by one
Please don't let me down, I'm waiting for your 100k as u claim b4
bcpbeancounter
post Nov 18 2014, 11:50 PM

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QUOTE(bearbearwong @ Nov 18 2014, 11:47 PM)
eh really ma fan.. i put in many many leh.. small amount small amount.. need to cover name , acc num.. sumore many bank.. affin, laohu , hsbc, and dun remember di..
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you don't bull shit la. minimum for fd is 5k. how many 5k you have? even you have put in so many bank for what? rclxub.gif
Minolta
post Nov 18 2014, 11:50 PM

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QUOTE(bearbearwong @ Nov 18 2014, 11:47 PM)
eh really ma fan.. i put in many many leh.. small amount small amount.. need to cover name , acc num.. sumore many bank.. affin, laohu , hsbc, and dun remember di..
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why u wan to put in small account ah?

big account too heavy to carry around ah? Can ask jolok to lend u his bangla to help rclxms.gif
bearbearwong
post Nov 18 2014, 11:51 PM

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QUOTE(bcpbeancounter @ Nov 18 2014, 11:48 PM)
better don't lo....later you red eye tongue.gif
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like this also maybe nth one.. like no property too, project also dun dare mention, so sad, if need to login other user name to comment in other threads how sad? so limited you guys, just because worry pl talk bad/truth about certain projects.. you know the kind of feeling?>
Minolta
post Nov 18 2014, 11:51 PM

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QUOTE(bcpbeancounter @ Nov 18 2014, 11:50 PM)
you don't bull shit la. minimum for fd is 5k. how many 5k you have? even you have put in so many bank for what?  rclxub.gif
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his FD very special wan.....just burn the "money" means transfer edi thumbup.gif
bcpbeancounter
post Nov 18 2014, 11:53 PM

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QUOTE(bearbearwong @ Nov 18 2014, 11:51 PM)
like this also maybe nth one.. like no property too, project also dun dare mention, so sad, if need to login other user name to comment in other threads how sad? so limited you guys, just because worry pl talk bad/truth about certain projects.. you know the kind of feeling?>
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haha...if i tell you i live in bangsar you believe both? brows.gif
Minolta
post Nov 18 2014, 11:53 PM

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QUOTE(bearbearwong @ Nov 18 2014, 11:51 PM)
like this also maybe nth one.. like no property too, project also dun dare mention, so sad, if need to login other user name to comment in other threads how sad? so limited you guys, just because worry pl talk bad/truth about certain projects.. you know the kind of feeling?>
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so which project is the least bad wan?
zuiko407
post Nov 18 2014, 11:54 PM

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Come on bear bear, just cover the rest, show your surname and amount, snap a pic n post it.
I'm waiting with knife, get ready to tiok
Minolta
post Nov 18 2014, 11:54 PM

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QUOTE(bearbearwong @ Nov 18 2014, 11:49 PM)
well have you found your fashion tered? can smell you anger building up.. coz from nonsensical to short sentence.. just forum, link 2 need attention like last post 6 months ago at least
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which wan smell better? Your sweaty armpit or my "anger building up"?
bcpbeancounter
post Nov 18 2014, 11:55 PM

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QUOTE(Minolta @ Nov 18 2014, 11:53 PM)
so which project is the least bad wan?
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basically none! icon_question.gif
zuiko407
post Nov 18 2014, 11:59 PM

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Bear bear...................
Wake up, wake up, show your FD n statement, don't sleep....
icemanfx
post Nov 19 2014, 12:00 AM

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QUOTE(Gravity @ Nov 18 2014, 04:55 PM)
Point 1 - construction cost
what im trying to convey is that cost is continuing to rise. Bulk of the cost will falls under land acquisition cost. Land cost and construction cost will not fall unless major global event happen. On top of that, developer will want to make some money out of the project. Hence, the price will always match the vacinity. Thus, maintaining the price at a higher than market value level.

Point 2 - foreign investment
I was basically refering to FDI. If you're investor and you realized there are high capital appreciation gain investing in KL, why would you go for jakarta or Bangkok which price is already hitting a probable ceiling. Hence, people will still come back to KL for investment. No doubt the government has implemented many ways to curb the speculation, but for me, when there's a will, there's a way. The rich can still invest via different route.

It's all about ROI. Property gives you 10-30% of your purchase value, not your investment amount. With leverage from banks,  a property of RM500K, you only need around RM50K and say RM10K for expenses. A 10% rice in your market value will be already RM50K, hence there's effectively almost 100% ROI on your RM50K investment.
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Pricing higher than market value is only possible in the bull market.

People buy overseas property doesn't compare with home country or neighbouring country price e.g. many malaysians bought in sydney, melbourne, singapore and london not because the price is cheaper than kv. hence, few foreigners buy kv property because it is cheaper than bangkok or jakarta.

foreign buyers tend to buy near landmarks e.g. klcc. troika vp in 2009, price has been flat since means few foreigners are buying.

cocr was not a traditional measurement for accountants but invented by r.e agents for flippers.

QUOTE(cfa28 @ Nov 18 2014, 05:57 PM)
Nope, fall of 5% - easily kena sapu by secondary bargain hunters

To trigger a downfall, you need a slowdown in overall economy

Even if 10% to 15% of flippers sell below cost on VP, still no effect cos will kena sapu
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QUOTE(cfa28 @ Nov 18 2014, 06:14 PM)
U can sell immediately on VP, only issue is the price

Do u sell at Cost - 101% kena Sapu immediately by the Agent himself / herself

U want 5% Premium - sure got ready buyer

U want 10% Premium - have to wait a little longer lah

U want 25% Premium - have to slowly wait
U take any Condo project, even say 9-Seputeh

If even 15% to 20% of Purchasers suddenly wanna sell their units at 10% below cost, what do u think will happen

All the cash rich ppl or those who have yet to buy will sapu, so the Banks can recover their losses from these new purchasers over time

Mean time, they will sue the Flippers for their pants and A55, so there is no Bubble

For Bubble u need whole of KV Property Market to collapse, which is not likely
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This was what gold punters believed, there is no doubt, some ignorant bargain hunters will pick up initial round of discounted price. Those cash rich people who were not in market earlier were expecting price drop, will wait for the price to bottom before cherry picking.

Most if not all flippers will not sell below their expected profit willingly. They would rather hope to get a higher price at foreclosure auction than lower price in open market.

property price will take years to bottom.

This post has been edited by icemanfx: Nov 19 2014, 07:10 AM

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