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

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SUSjolokia
post Nov 21 2014, 06:41 PM

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QUOTE(bearbearwong @ Nov 21 2014, 06:21 PM)
Actually 97 was not a property bubble.. if you remember..
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Ah Bear actually that time property also consider bubble, very hard to get a house, you need to joint those koperasi & pay about 5-10% under table just to get a house, price also jump very fast & buying property is like gambling, as high chances getting abandoned project.

Don't dream lah Ah Bear, what else hope you have now ?

Interest go up ? owner/developer will just increase price.
GST hike owner/developer will increase price.
Petrol/Diesel up owner/developer will increase price.

There is no reason that would cause them to reduce price, unless come WW3 or Great Depression like 1929 or 75% Malaysian are jobless.

Any of this 3 happened you also no money or no guts to buy.

Imagine you get a rough customer (owner/developer) tonight, just close you eye & let them enjoy rapxxg u, when is over you get a house laugh.gif







SUSjolokia
post Nov 21 2014, 06:42 PM

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QUOTE(bearbearwong @ Nov 21 2014, 06:32 PM)
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
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Try buy one & show us whistling.gif
bcpbeancounter
post Nov 21 2014, 06:43 PM

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QUOTE(jolokia @ Nov 21 2014, 06:41 PM)
Ah Bear actually that time property also consider bubble, very hard to get a house, you need to joint those koperasi & pay about 5-10% under table just to get a house, price also jump very fast & buying property is like gambling, as high chances getting abandoned project.

Don't dream lah Ah Bear, what else hope you have now ?

Interest go up ? owner/developer will just increase price.
GST hike owner/developer will increase price.
Petrol/Diesel up owner/developer will increase price.

There is no reason that would cause them to reduce price, unless come WW3 or Great Depression like 1929 or 75% Malaysian are jobless.

Any of this 3 happened you also no money or no guts to buy.

Imagine you get a rough customer (owner/developer) tonight, just close you eye & let them enjoy rapxxg u, when is over you get a house  laugh.gif
*
Conclusion. Dont be naive right?
bcpbeancounter
post Nov 21 2014, 06:44 PM

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QUOTE(jolokia @ Nov 21 2014, 06:42 PM)
Try buy one & show us  whistling.gif
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No bullet. All money tie up in fd liao.
kradun
post Nov 21 2014, 06:45 PM

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QUOTE(jolokia @ Nov 21 2014, 06:41 PM)
Ah Bear actually that time property also consider bubble, very hard to get a house, you need to joint those koperasi & pay about 5-10% under table just to get a house, price also jump very fast & buying property is like gambling, as high chances getting abandoned project.

Don't dream lah Ah Bear, what else hope you have now ?

Interest go up ? owner/developer will just increase price.
GST hike owner/developer will increase price.
Petrol/Diesel up owner/developer will increase price.

There is no reason that would cause them to reduce price, unless come WW3 or Great Depression like 1929 or 75% Malaysian are jobless.

Any of this 3 happened you also no money or no guts to buy.

Imagine you get a rough customer (owner/developer) tonight, just close you eye & let them enjoy rapxxg u, when is over you get a house  laugh.gif
*
Bear2 plan sui sui let the owner service the loan 1st, but who know at end he bear all the mortgage interest or top up some more.. tongue.gif
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
SUSjolokia
post Nov 21 2014, 06:47 PM

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QUOTE(bearbearwong @ Nov 21 2014, 06:37 PM)
I know this is 3rd week.. but being oveleveraged till kosong meh.. borrow some from wife and spend..
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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


tnang
post Nov 21 2014, 06:47 PM

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QUOTE(bearbearwong @ Nov 21 2014, 06:46 PM)
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
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No lah, only for bearbear, sharing is caring mah.
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
tnang
post Nov 21 2014, 06:49 PM

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QUOTE(bearbearwong @ Nov 21 2014, 06:48 PM)
I have shown more than enpugh.. reserve some.
. Did not see anyting fro. Ur side..

I dun fancy staying there
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Bearbear, fd is for old man savings, you so old!!!
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..
bcpbeancounter
post Nov 21 2014, 06:50 PM

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QUOTE(bearbearwong @ Nov 21 2014, 06:48 PM)
I have shown more than enpugh.. reserve some.
. Did not see anyting fro. Ur side..

I dun fancy staying there
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You can afford then only lansi ok?
SUSjolokia
post Nov 21 2014, 06:52 PM

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QUOTE(bearbearwong @ Nov 21 2014, 06:46 PM)
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
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Actually phase 2 is better , look better & lower density 778 units Vs Phase 1 1053 units.

I expect phase will price higher for sure, expect 500K up for Mid Floor.
bcpbeancounter
post Nov 21 2014, 06:53 PM

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QUOTE(jolokia @ Nov 21 2014, 06:52 PM)
Actually phase 2 is better , look better & lower density 778 units Vs Phase 1 1053 units.

I expect phase will price higher for sure, expect 500K up for Mid Floor.
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What ever price also no use. He only afford 200k nia but die die wan to buy 700k.
bearbearwong
post Nov 21 2014, 06:53 PM

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QUOTE(tnang @ Nov 21 2014, 06:49 PM)
Bearbear, fd is for old man savings, you so old!!!
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Ccris lor young and modern.. show me larr
bcpbeancounter
post Nov 21 2014, 06:55 PM

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Gst + int + petrol. Ho se liao....now can flip anither 50k higher.
tnang
post Nov 21 2014, 06:56 PM

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QUOTE(bearbearwong @ Nov 21 2014, 06:53 PM)
Ccris lor  young and modern.. show me larr
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Why show show, nanti zuiko show you kkj
bcpbeancounter
post Nov 21 2014, 06:57 PM

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QUOTE(bearbearwong @ Nov 21 2014, 06:53 PM)
Ccris lor  young and modern.. show me larr
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Keep asking ccris.... you really got gf ah? How she can tahan you? Really doubt on it.
bcpbeancounter
post Nov 21 2014, 06:58 PM

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Zuiko, you sure the lady with u is bbw gf? Or ex-gf?
icemanfx
post Nov 21 2014, 06:58 PM

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QUOTE(jolokia @ Nov 21 2014, 05:12 PM)
Even another 97 Asia financial crisis also not enough to bring the price down, Unless come a 1929 style great depression or a  massive war like that of Labanon/Iraq, at least Spain style unemployment 1/3 people jobless, or else no way property price will drop back to Pre 2010 price range.

By then I believe you also don't dare to buy.
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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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In 1997, property market was a collateral damage. But current bubble is the property market.



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