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

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tnang
post Nov 18 2014, 10:35 AM

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QUOTE(Tigerr @ Nov 18 2014, 07:49 AM)
Wah....just missing a day. Already so fast n furious....v14 already.

this 2014 I no buy. Even forfeit a booking fee because I follow closely on bbw advise to try next year after he bought his first house. It is dumb to pay 200k speculated to the greedy owners.
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I no buy this year, in fact also cancel 1 booking, for bbw, next year he may claimed inflated 220k, how to buy?
tnang
post Nov 20 2014, 10:23 AM

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based on my reading, bbw dog eye ppl also even he just start learning and new to market. for own stay, simple solution, buy within the mean is the advise. upgrade when you can afford. buy to wait rather wait to buy. Market no Crash = Yaksi, Market Crash = god only know, nothing to lose for own stay. based on my observation, chance for market is up a bit or stagnant for a while, after than, market will go normal, unless Malaysia go koyak or whole world financial koyak, Money can continue printing, money will keep depreciate.
tnang
post Nov 20 2014, 05:54 PM

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QUOTE(jolokia @ Nov 20 2014, 01:16 PM)
What ever he offer i top up 20K out offer him ,,,  laugh.gif
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I offer 30k out of him
tnang
post Nov 20 2014, 09:18 PM

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QUOTE(jolokia @ Nov 20 2014, 06:02 PM)
vmad.gif  U want to lawan ah bruce.gif
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Below market value why not? Next offer 50k, since inflated 200k
tnang
post Nov 20 2014, 10:12 PM

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Seri jati/seri baiduri setia lam,new vp with facility, price around 300-350k, not bad for own stay, can consider?

This post has been edited by tnang: Nov 20 2014, 10:12 PM
tnang
post Nov 21 2014, 02:10 PM

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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.

Bubble or no bubble forming? when burst???? god will know.

This post has been edited by tnang: Nov 21 2014, 02:12 PM
tnang
post Nov 21 2014, 02:19 PM

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QUOTE(bearbearwong @ Nov 21 2014, 02:12 PM)
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,,
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what you mean if property selling price is 300k, it should be 100k where inflated 200k.
tnang
post Nov 21 2014, 02:46 PM

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QUOTE(Babizz @ Nov 21 2014, 02:41 PM)
I think prop prices are overpriced by only 15-30% according to the location n prop type..

Salaries have gone up at a rate higher than inflation BBW (should read more) but still not as much as the prices of houses have risen la..
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Bubble forming could due to high gearing, affordability, and naked investors, very depend on actual ratio in the market.

if majority is own stay and real investor with holding power, than no issues. but who will know? god??????


tnang
post Nov 21 2014, 03:05 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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+1 BNM should put more control to avoid high gearing.....should be 3rd property 50%, 4 - 30%, 5 - no loan allow. then will reduce the risk of high household debt.
tnang
post Nov 21 2014, 03:19 PM

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QUOTE(bearbearwong @ Nov 21 2014, 03:09 PM)
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/
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then if petrol price up in future, cost of construction up, property price will up loh, bbb now.
tnang
post Nov 21 2014, 03:21 PM

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QUOTE(bearbearwong @ Nov 21 2014, 03:20 PM)
err... completed units how? superinflation is coming... OCT 2014 inflation rate 2.8%.. OPR January  tongue.gif
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if inflation up, new launch up, then subsale owner also want to up mah.... more inflated instead of RM200k become 210k loh.
tnang
post Nov 21 2014, 03:27 PM

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QUOTE(bearbearwong @ Nov 21 2014, 03:26 PM)
good you papar gain another 10k upon this news announcement... buy more... many waiting...inflation also can get 10k already  rclxms.gif
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then I sell you before inflation loh, only inflated 200k instead of 210k, ok boh
tnang
post Nov 21 2014, 03:39 PM

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QUOTE(bearbearwong @ Nov 21 2014, 03:35 PM)
good economy coming very soon... very soon.. happy servicing..  rclxms.gif
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np, my tenant help me, thank you very much tenants....
tnang
post Nov 21 2014, 03:47 PM

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QUOTE(bearbearwong @ Nov 21 2014, 03:40 PM)
you got tenant helping you to service loan why wanna sell? keep lar, price will go up what.. so fast got ppl rent?
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I never want to sell lah, but can offer to you with 10k+ 10k discount , offer only for limited days.
tnang
post Nov 21 2014, 04:26 PM

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QUOTE(bearbearwong @ Nov 21 2014, 04:24 PM)
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..
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no brainer techniques
tnang
post Nov 21 2014, 04:30 PM

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QUOTE(bearbearwong @ Nov 21 2014, 04:28 PM)
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
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I am lazy to analyze KLSE, so many counters, many hidden info, so I invest in Property, no brainer techniques
tnang
post Nov 21 2014, 04:55 PM

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QUOTE(SonicKimi88 @ Nov 21 2014, 04:42 PM)
Does we all look into the bigger picture of all this coming GST and Petrol price increase? There going to be chain effect on the overall. Will business able to sustain will this increase? People might spend less, business might go slow or close down, people will then lose jobs, but.. what other people here just thinking that property price will keep going up.... The question also on our affortability to get a house now... Developer also taking advantage on this by keep increasing the price where they know people are still buying.... is this situation healthy?
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yes, not healthy, but that is the situation, developer will launch higher, subsale owner will ask higher, slow down but price trend higher is the fact for now.
tnang
post Nov 21 2014, 06:20 PM

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QUOTE(ykit_88 @ Nov 21 2014, 05:17 PM)
Setia Alam you kantoi
Bukit Beruntung you kantoi  thumbup.gif
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Wah, how many place kantoi....much survey a lot, need his help to share info loh
tnang
post Nov 21 2014, 06:22 PM

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QUOTE(bearbearwong @ Nov 21 2014, 04:28 PM)
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
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Bubble is forming, but not burst
tnang
post Nov 21 2014, 06:35 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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Bbw unit i offer cash buy, ok boh

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