1.) BTC = Boh Thak Chek (In Hokkien mean Lowly educated or no formally educated).

2.) Commonwealth countries mean countries once under British Empire colonization (yes Malaya included)

When OPR increased owner will transfer the extra & add into the selling price thus price increase.

When OPR reduced owner will have stronger holding power, they will be more reluctant to sell unless the offer is beyond their expectations.

See ! No matter how price will continue to increase, unless Govt crazy enough to duplicate what Russia doing, increase the OPR by 10% at one go, then there could be 2 senario.

1.) The finance minister get kick out immediately by warlords.
2.) County bankrupt in 3-6 months.

Having says that nobody will wanna buy as no one willing to pay 14-15% interest for a house & probably 50% people lost their jobs & 80% business close shop.

See Ah Bear you can never get cheap house in good time, when bad time come you can't afford one even if it is cheap, it's alway a catch 22 situation.

http://www.chinapress.com.my/node/588493

Ah Bear opps ask someone translate for you. .


Ah Bear don't angry bird us lah ! we are not trolling just telling you the fact house price very reluctant to drop, this is base on own experience during late 90s & 2008.

During those bad time everyday you heard someone get pay cut & get retench, loss their business, you think you dare to commit to buy ? what if you get a 30% pay cut next month ? or your boss pass you a big envelope & says bye2 & thank you next month or worst still you conr into office & everything inside disappeared & boss no where to be seen ?

Ah Bear buy lah ! No point fighting with the whole world, offcoz you can always buy from developer & take the risk of abandoned project since you said economy very likely to tumbled by next year, so developer might just vanished overnight.

There is no such things as owner take the risk then deliver the house in good condition to you while earn peanuts profit from you, ask your good self would you do such thing ?

Assuming you bought Green Terrain with 550K next year, in 2018 you decide to upgrade to Goodview Height, then I pay you 580K (RM 10K per year profit for you) including full furnished the condo, would you sell to me ?

Same offer since Parklane VP, developer thrown in an extra air cond & a kitchen table, all high floor units 27 floor up.

So overall depends on one preferences.

Develop unit advantages

1.) Full warranty from developer.
2.) Free SPA & Legal fees
3.) Extra freebies.
4.) High Floor.

Owner unit advantages

1.) Cheaper price
2.) More choices.
3.) 2 car parks unit available.

Note : All developer units only come with 1 car park.

Jliew is that the Green colored building or the dark grey one ??

Don't forget developer unit come with free legal & SPA, 2 years maintenance fees, & warranty for defects, extra freebie so overall difference between Developers unit vs owner unit is quite narrow.

My last check Mid floor unit asking for 430~450K so if developer unit 460~470K I would go for Developer unit, legal & Snp, free maintenance & extra aircond & kitche table I save 25K, plus I get warranty for deflects leh.

But at that price I also have plenty of better choice lah..

I prefer the dark grey one as it's lowest density, the green one remind me of Pekeliling flat style block by block lining up.. kekeke

Anyway don't really prefer that area, jam like mad.

My last check mid floor 2 car parks 420K but opposite building view lah.

50% discount is on SNP & Legal stamp duty not the overall Legal & SNP fees, those VP unit free maintenance already lapsed many months meaning at most you get 12 months free maintenance.

Most important no developer warranty, previously seen quite a few complaint on the finishing of Akisama including wrongly fit window & wall leaking, that a another cost one should not overlooked.

As I said at that price plenty of secondary choice including landed.

This post has been edited by jolokia: Dec 31 2014, 08:37 PM

Sohchai told you is cruel oil vs shale oil war mah.

Since US industry can use Shale oil & OPEC not willing to cut their production ah lower price loh, actually previous 100-110USD per barrel is too expensive liao.

Now OPEC tries to sunk Shale oil by pushing the prixe down as Shale oil cost is higher than cruel oil.

understand boh ?

Problem is you can't find alternative property, even PR1MA is like drag & drag still nothing.

The fellow name Kim Ki Hoon is a tutor lah ! Anyway he earn about 4Million USD only lah, you don't simple add salt & paper. .kekeke

Many 补习天王 in Taiwan, Hong Kong, Singapore even our country also making big bucks mah.

Told you mah ! Keeping vacant is part of strategy to fetch high price, most buyer prefer vacant especially those higher price unit.

There are many stretergy lah ! Some keep vacant to sell as no need reno & no need compensate tenant & retouch the house.

Some prefer rent for few years to get capital gain before selling, sime just wanna rent & no intention to sell.

Ah Bear oh Ah Bear you need to meet more people lah ! You like one naive Sochai like that.

Happy New Year

SifuahBear & Ais Krim Boy.

[attachmentid=4281891]

Yesterday my Taman is like war zone leh ! depends area lah ! You Kajang just been thru flood few days ago, fireworks also basah already mah. Sap Shui Pow Cheung Dim Kek Do M Hiong... kekekeke

Ah Bear we count doen for you 104 days left for GST implementation, same time your prediction property price crash would happened.

How to wake up a fellow who have only a few coin in his pocket end of month.

Only way to comfort himself is lie to own self。。

Logic mah ! Prody keep saying rent more worth it, now Showtime747 show his calculation prove him wrong, Prody can always come back with his calculation if he is not agreeable with showtime fomula.

So Ah Bear no more next year ah ! Now is after GST which is 104 days to go.

Yeap ! Donno where they got this fireworks very keng one can feel vibration in the sky.

Here in Northern mostly personal fireworks mah !

That's why ask you buy Rumah WIP here you don't want...

Cannot depends on oil income depends on property income loh.

So ! You think they will introduce curb ? more likely stimulating policy to boost property sales, another round of 2008-2013 Woohooo..

BTW isn't buying property is a domestic consumption ? Imagine the amount of local industries benefits from property transaction.

Without new properties mean no new area no new shop, no new ice cream shop, Ais Krim Boy boss cannot expand business, no new customers. . had to cut cost, employing foreign workers & retrench locals like Icemanfx.. how ?

This post has been edited by jolokia: Jan 1 2015, 12:06 PM

Remember i told you salary in FnB line is hopeless one, as FnB is so competitive & huge supply of cheap foreign labour, you are basically compete with Bangla, Myanmar & Indon see who will slaved themselves for cheaper wages & longer working hours, So how to improve income.

Choose other line lah ! Your line is basically modern slavery in disguise lah !

For whatever reason price aint going to come down..

Anyway 1 month fuel price drop mean nothing as electric tariff not going down.

If cost go down those in power would just ask for more kickback that's all.

Property price can only go down if there is a Big War last for a few decades & all the rich cabut to other countries or Very serious economy crisis that can cause 50% people loss their job or 50% business went bankruptcy.

Do you see that happen ? No ! right ?

Do you see documentary of Detroit ? That the type of scenario needed to bring down property price.

Later I going over to Baskin Robbins at Mount Kiara ask for Ice Cream price reduction, as petrol & diesel price already reduced, demand them to sell at 31% discount daily

I think he mean can go rent a room if cannot afford a house, then maybe a bed , then under bridge or garden bench. (These are free).

Sound like some very low confidence fellow or some one doing odd work, unstable income.

I seen fellow like this, 50+ still renting room, moving here & there, odd job worker, 1 week maybe worked for 3 days, the rest of time sticking here & there looking for some free meal.

Hong Kong, Singapore house price got drop meh ? I see its getting higher even, China increased so much drop little bit you sibeh song go buy there & see you can afford or not ? I think you don't even know why China property price drop a bit, US not cham enough ah ? Go see Detroit & those industrial town, totally no job.

Waiting for you theory