Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
6 Pages < 1 2 3 4 5 > » Bottom

Outline · [ Standard ] · Linear+

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

views
     
icemanfx
post Nov 23 2014, 11:40 AM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(Jliew168 @ Nov 23 2014, 11:34 AM)
Yes..depend location

Baskin Robbin rm10 per scope reasonable? Why nestle 1 box only less than rm10?

Why still got people buy Haagen Dazs
*
What about the studio you mentioned?

Btw, 1 box rm10 "ice cream" is made from palm oil not dairy milk, is not qualified to label as ice cream in the u.s. and e.u.

QUOTE(Jliew168 @ Nov 23 2014, 11:37 AM)
Yes and Bearbear can blow trumpet claim no price Increase while the price already factor in pre GST  tongue.gif
*
As you are a supplier/contractor to the building industry, believe you know well developers costs and pricing.

QUOTE(jolokia @ Nov 23 2014, 11:35 AM)
Most definitely not from Ice Cream Stall Part Time Assistant.. LOL

Sub 5K are Govt business (that is if it materialize) knowing it flip more frequent than making roti canai.
*
As 5k+ earners are more likely to buy new launch, will there be enough 5k+ earners left to take up vacant subsale units?


This post has been edited by icemanfx: Nov 23 2014, 11:47 AM
icemanfx
post Nov 23 2014, 02:48 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(jolokia @ Nov 23 2014, 12:06 PM)
Most Asian had some degree of lactose intolerance, so too much dairy probably cause them upset stomach.

Buying new launch or secondary depends on one requirements, some need house fast some can wait, some prefer fully build house compare to take risk on abandoned project, some prefer matured location with full amenities, many reason some would ops for secondary.

In the matter of fact more transaction done are secondary compared to new launch if you read those quater or full year report.
*
The number of completed (old) units is a lot higher than new launch, hence, more subsale is transacted than new launch. As newly vp units price is higher than older units, it is taking longer and longer time to find a buyer.

QUOTE(bcpbeancounter @ Nov 23 2014, 12:15 PM)
Your property should be liquid la. Can move anytime to any bridge you like. tongue.gif
Rubbish comments.
*
Guess you are trapped with your purchases, can't do anything until vp.

QUOTE(bcpbeancounter @ Nov 23 2014, 12:18 PM)
Sub sales has its advantage. If buy a fully reno unit, in a way the reno costs are been financed too. For new VP unit, need at least 50k to move in with out reno, 100k to move in if wan simple reno. For bearbear at least 200k cash to reno since he so ai faci.
*
Unless the interior was designed by a professional and modern, most buyers may not agree with seller's taste.

QUOTE(**** @ Nov 23 2014, 02:19 PM)
Conclusion of year 2014, bear bear wont buy in 2015 ? Why? So many bad news .

1. Petrol is floated in the market , petrol price up, developers wont decrease their selling price . Petrol price is floated higher, developers got 1000 excuses to increase their price.

2. GST is implemented soon, even though property is not charged GST, many costs in construction is charged GST. If developments come out new project, all extra costs will be factored in.

3. Loan interest up, bear bear can only downgrade his target from RM400 to RM300 even worse . Loan interest down, people with many cash will fork out to park under property,pushing price further up .

No matter bear bear still lose in the end, have to stay with daddy and mummy for the rest of his live. Even after he gets married (if he ever will), just have to be sandwiched between wife and parents . Sad to be bear bear .
*
As if property price is inelastic.

Property is not roti canai or teh tarik, takes a few years to vp, most if not all developers have already included gst in the price for project vp in 2015 and after.

If next year inflation rate is not contained, a perfect storm is brewing on the property market.

icemanfx
post Nov 23 2014, 07:17 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(jolokia @ Nov 23 2014, 07:05 PM)
Again he think 200K cash is BIG deal, Ah Bear I can only tell you, that's sap sap shui amount, especially for people who need to buy house & get married, you be surprised later to know is far from enough, unless your GF willing to live in cheap apartment, just registered married, 3 table dinner for family only, 888 mas kahwin (ping kam), simple & cheap package wedding photo, Thailand or Bali Trip for 5days 4 night honeymoon, you think your GF & In law can go thru or not ?
*
What's wrong with having a budget wedding and honeymoon? Marriage is about the couples life together, not a performance for others.

icemanfx
post Nov 23 2014, 07:24 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012



QUOTE(Seanlow31 @ Nov 23 2014, 07:12 PM)
Asked d... Same like last time mid valley promo... 7+3%+20k cash rebate... No fully furnished... Think the price has been lowered down also... 10th floor still can fin 690k

Hope someone from sbc saw this... People usually bought cheap early... But this... Sigh

https://forum.lowyat.net/topic/2313058/+1080
*
https://forum.lowyat.net/topic/3419680

A emerging new trend.

icemanfx
post Nov 23 2014, 09:46 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(Showtime747 @ Nov 23 2014, 08:03 PM)
This will apply if not already applied to uuu.

icemanfx
post Nov 23 2014, 11:30 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


http://www.orientaldaily.com.my/index.php?...784:&Itemid=203

QUOTE(Showtime747 @ Nov 23 2014, 10:00 PM)
UUU have been laughing all the way to the bank. Apartment bought RM200k appreciated to RM600k in a few short years.

While you missed the boat by selling the apartment too early at RM200k. You lost RM400k in just a few short years.

5 stages of grief applies to who ?  tongue.gif
*
If the newspaper article is accurate;
- property price doubled in 5 years not syok sendiri 3 times.
- more npl and foreclosure is expected
- property price crashed in 1969, 1997 and 2007.
- price between 500k to 1m are most at risk to price crash

It seem uuu are already in first or second of five stages of grief.

This post has been edited by icemanfx: Nov 23 2014, 11:31 PM
icemanfx
post Nov 25 2014, 04:34 AM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(Seanlow31 @ Nov 23 2014, 07:12 PM)
Asked d... Same like last time mid valley promo... 7+3%+20k cash rebate... No fully furnished... Think the price has been lowered down also... 10th floor still can fin 690k

Hope someone from sbc saw this... People usually bought cheap early... But this... Sigh
*
QUOTE(Maxiii @ Nov 24 2014, 09:40 AM)
wow... this deal is not bad. you can use the 10% downpayment + 20k rebate for furnishing of the unit basically.
*
https://forum.lowyat.net/topic/2313058/+1080

Another zero downpayment and cash back.

Can subsale seller beat this deal?

icemanfx
post Nov 25 2014, 10:26 AM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(jolokia @ Nov 25 2014, 08:22 AM)
Later Myvi will be price at current City range.. tongue.gif
*
Car price in this country is among the highest in the world and probably the few capital products that price hardly increased in the last 30 years. As car is a necessity, car owners are left with much less disposable income than other comparable countries. Unless the gomen intend to squeeze consumers spending, car price is unlikely to rise.

QUOTE(Showtime747 @ Nov 25 2014, 07:59 AM)
bearbear, facts are very hard to swallow.

Just look at all the previous DDD. They all failed and missed the boat. The most glaring example is iceman. They bet wrongly and "loss" a few hundred k.

You are in the same situation. All the years DDD talking bubble here also experience economic threats, bad news, government policies etc. Nothing new. Property market always look vulnerable to crash. But yet not only the market never crash, it soared.

bearbear don't be influenced by the news and DDD comments. You will be confused.

Concentrate on your objective. You are buying for own stay. Not investment. Don't time the market in your situation
*
If one find the overloaded boat unlikely to survive stormy weather ahead, deboard at earlier port is not missing the boat.

The more the boat overloaded, the less likely it will survive the stormy weather ahead.


This post has been edited by icemanfx: Nov 25 2014, 10:30 AM
icemanfx
post Nov 25 2014, 10:32 AM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(Jen1 @ Nov 25 2014, 10:15 AM)
Can't resist dropping a few words here, hope you guys won't mind.

Just saw bbw's CCRIS, looks good!

After reading all the advices here, then only I realised I am at high risk, having committed all the following crimes:

1. High DSR 70%
2. 4k income buying 600+k property
3. No extra money or savings left every month

Too late for me to get off the boat. If sink gotta swim or get repo by bbw.

So bbw you are in much better shape than me, with your income double of mine, why are you still waiting?
*
Guess you either need to find a supplement income or dispose off your property at the first opportunity.

icemanfx
post Nov 25 2014, 12:07 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(Showtime747 @ Nov 25 2014, 11:22 AM)
People who board the boat 4-5 year ago already high and dry  tongue.gif

They bought RM200k apartment now RM500k. It takes a 60% discount to reach back to just break even, not even loss.

60% crash in malaysia with this current economy ? In your dream....

Bro, you have missed the boat. Admit it  tongue.gif
*
Provided they don't buy more recently else will be in a fix.

People chose to leave the boat is not missing the boat but abandoned voluntary. Are you jealous as you are stuck?

QUOTE(Showtime747 @ Nov 25 2014, 11:33 AM)
Ya rental income also increase for the past 4-5 years. More than enough to cover a <RM200k loan already.

Iceman and bearbear are very pessimistic guys. They only think of the negative side. They think too much. Like the chinese old saying "before go to war, they think of what to do if they lose". How to win like that ?  doh.gif
*
Few punters survived end of bull run, current punters in kV property is no exception.

This post has been edited by icemanfx: Nov 25 2014, 12:08 PM
icemanfx
post Nov 25 2014, 01:33 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(bearbearwong @ Nov 25 2014, 12:30 PM)
This foreclosure sale is earlier than expected means more to come.

QUOTE(Showtime747 @ Nov 25 2014, 12:38 PM)
Property investment is a long term game. I am not speaking on behalf on those flippers who borrow 110%. They are high risk group, but they are the minority.

I have been in property investment for >20 years. The time when a DSL in KL area is <RM200k. Apartment & Condo only RM150k. Now it has appreciated to at least RM1m and RM600k respectively

My point is in property investment strategy, nobody can buy at the lowest point and exit at the highest point. It is actually a long term game. Buy when you are financially capable. Don't time the market. Yes, property price may drop, but if you have holding power, at the end, it is still profitable.

Eg. the DSL I bought for RM200k. It appreciated to RM500k at 1 point, then stagnant and drop back to RM400k+. Then for the past few years, it shoot up to RM1m. Property has its ups and downs. But eventually, the value will shoot up. It will not drop back to RM200k unless there is Nuclear World War 3.

Whereas you gambled a wrong strategy. You are too short term. You treated property investment as stock market. When you exited too early and took your RM200k and then wait for the crash. Crash didn't happen, and your property have appreciated to RM400k-RM500k. Too bad you missed the boat. You may interpret your case as getting off sinking ship. But from outsider point of view, you missed out RM200k-RM300k profit.

Bro, for all it is worth, take it as a lesson. Review your strategy in property investment. If you still have short term view in property market, you will be better off heading to the stock market. Property investment is not for you
*
If you have over 20 years investment experience, you should know all bull run ended up in disaster.

Everyone has his own investment strategy. Unless you could proved your net worth is worth to emulate or could give profit guarantee, your investment strategy is just like another herd member.

To me, it is better to miss 100k additional profit than 100k in the red. As a student, i live a simple life, can i contented with what I made and have?

This post has been edited by icemanfx: Nov 25 2014, 01:37 PM
icemanfx
post Nov 25 2014, 01:54 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(jolokia @ Nov 25 2014, 01:51 PM)
  laugh.gif
Time going to cost him dearly, He is a total failure not worth wasting time on him, Just Dog Eye him kao2 from now.  cool2.gif
*
Provided he doesnt have chance to repo you.

icemanfx
post Nov 25 2014, 02:18 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(jolokia @ Nov 25 2014, 01:58 PM)
Quite difficult since my property is fully paid.

How Ice Cream Business ? Good ?  thumbup.gif

Ice Cream price got drop or not ? I no money eat Magnum only  blush.gif
*
If your property is fully paid off, you are not a typical property investors, uuu is meaningless to you but syok sendiri.

Since you like magnum, suggest you to check out magnum cafe.

This post has been edited by icemanfx: Nov 25 2014, 02:28 PM
icemanfx
post Nov 25 2014, 02:47 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(Showtime747 @ Nov 25 2014, 02:39 PM)
I showed bearbear 1 of my bank accounts. But he still don't believe me. What good if I show you my portfolio ? You won't believe anyway.... tongue.gif
If you don't intend to buy property, you won't be here. The fact that you are here, you are hoping for some assurance the price will crash

Just like if you don't intend to buy a ferrari, you won't go to their forum and talk about price drop  tongue.gif

The sooner you admit you miss the boat, the better chance you can buy a property. The 5 stages of grief - acceptance of mistake is your solution, bro
*
Like in gold thread, as the herd dont listen to alternative opinion, I am here to study the herd behaviour.

Given property price crash is inevitable, prefer to wait for foreclosure sale.


icemanfx
post Nov 25 2014, 07:38 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(leonhart88 @ Nov 25 2014, 03:06 PM)
I just bought my 1st property in Sept cash. I had no luck in Stock market although I am Finance graduate. I had 20% loss in my portfolio even I have had it long since 2010. To wait prop and stock market crash, which instruments should I hold? even certificate deposit by banks only 4.5% max for non bumi. what should I do since inflation is more than the interest? I wanna make big  profit too when everything crash. I missed 2008 crash because I was still at university that time?
*
If you have put your money in nyse and nasdaq especially in tracker funds in the last few years, you should be doing pretty well. One can only benefit from crash is to keep cash before the market crash. Better to have $5 in the pocket than $100 on the floor.

QUOTE(Showtime747 @ Nov 25 2014, 03:18 PM)
How come you study herb behaviour for so long one ? Your must have failed your exam repeatedly  tongue.gif
*
Need to study and monitor herd behaviour to know when to offload certain investment.

QUOTE(zuiko407 @ Nov 25 2014, 03:36 PM)
You're here for us to study the failure behavior
*
Few punters survived end of bull run.

This post has been edited by icemanfx: Nov 25 2014, 07:40 PM
icemanfx
post Nov 26 2014, 10:20 AM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


“The monthly wage distribution from EPF shows that in 2013, one-third, or 2.1 million, active members earn less than RM1,000, slightly more than three-quarters (76.8%) earn less than RM3,000, and about 90% earn less than RM5,000 a month.

“Among ethnic groups, about 57% of non-Malay Bumiputera and 55% of Malays have no financial assets, with the figure for the Chinese and Indians at 45% and 44% respectively,” read the report which was released in Kuala Lumpur yesterday. - See

Citing figures from the Household Income Survey (HIS), the report also noted that nearly 90% and 86% of the rural and urban households, respectively, had no savings, while the majority of households at 88% had zero earnings from their savings.
http://www.themalaysianinsider.com/malaysi...h.0z2XXkgX.dpuf

Means many house buyers are over stretched.

Those who hope cash rich buyers to rescue a depressed market will be utterly disappointed.


This post has been edited by icemanfx: Nov 26 2014, 10:25 AM
icemanfx
post Nov 26 2014, 10:26 AM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(bcpbeancounter @ Nov 26 2014, 10:23 AM)
Sour grape again.
*
More like the uuu herd is in denial stage.


icemanfx
post Nov 26 2014, 06:00 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(Showtime747 @ Nov 26 2014, 04:00 PM)
hahaha bearbear is the "legend" in LYN. Nobody have good comment about him. All sarcastic ones. And I notice he is not welcomed by the whole of property talks. Whereas other DDDs are still ok nobody complain.

If 1 or 2 person don't like bearbear, still can argue he is not that bad. But when the whole of LYN forum dislike him, I consider it as an "achievement". It is not easy to be "hated" by everyone
*
QUOTE(ykit_88 @ Nov 26 2014, 04:03 PM)
talk cock nvm. forum maa... who ask him always dog eye and insult ppl?

anyway congrats bear bear.  rclxms.gif  rclxms.gif
*
QUOTE(Showtime747 @ Nov 26 2014, 04:09 PM)
He is the undisputed champion.

To make a few people dislike you - easy

To make everyone in LYN dislike you - very very difficult

But bearbear did it !  thumbup.gif
*
QUOTE(Showtime747 @ Nov 26 2014, 04:26 PM)
Ya maybe "dislike" is not the word. Maybe "nice to poke fun" is more appropriate.

Just like during school days we like to poke fun and kacau some friend. Usually these type of friend got weird response when we kacau them, Make us like to continue to make fun of them  tongue.gif
*
QUOTE(bcpbeancounter @ Nov 26 2014, 04:39 PM)
Dont be so harsh bro....the most hated one should go to banana.
*
What else to expect from the herd?

icemanfx
post Nov 27 2014, 12:19 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(Showtime747 @ Nov 27 2014, 12:11 PM)
See.....everybody knows bearbear is waiting for 50% drop  tongue.gif
*
What's wrong to buy at foreclosure price?


icemanfx
post Nov 27 2014, 03:13 PM

20k VIP Club
*********
All Stars
21,456 posts

Joined: Jul 2012


QUOTE(Showtime747 @ Nov 27 2014, 12:49 PM)
Nothing wrong at all, if bearbear can find one.

Its just that he doesnt want to admit  tongue.gif
*
Foreclosure sales at 50% of precrashed price is not uncommon during distressed period as seen in the u.s, u.k, Spain, greece, etc. If interest rate raised by 3%, this price is almost certain will be available locally.

This post has been edited by icemanfx: Nov 27 2014, 03:15 PM

6 Pages < 1 2 3 4 5 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0513sec    0.52    7 queries    GZIP Disabled
Time is now: 10th December 2025 - 11:05 AM