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 V17 Property Bubble (Is there a bubble at all ?), Property Inflated or Inflation ?

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bcpbeancounter
post Dec 25 2014, 07:34 PM

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[quote=robert82,Dec 25 2014, 07:03 PM]
first argument is

Petrol price drop

then

ringgit drop

rclxms.gif rclxms.gif rclxms.gif
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http://www.chinapress.com.my/node/587123

You are much better than the ice cream boy. The oil price drop indeed a worrying issue for malaysia as oil producer country. But the gov also save on fuel subsidy and gst implementation will increase gov revenue.


bcpbeancounter
post Dec 25 2014, 07:35 PM

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QUOTE(BuyAmaya @ Dec 25 2014, 06:53 PM)
Prepare to hear more bullshit.
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Malaysia student always good at cut & paste. He cut his answer and paste here again.

This post has been edited by bcpbeancounter: Dec 25 2014, 07:36 PM
kradun
post Dec 25 2014, 08:18 PM

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QUOTE(jolokia @ Dec 25 2014, 07:18 PM)
There is this Nasi Lemak stall near my taman previously selling for RM 1 per pack in 2011 now asking RM 1.5 perpack, wonder when can the abang drop price back to RM 1 ??

My friend who tell me this very interesting story, his DSL bought below 200K 12 years ago for the pass few years he noticed many of the new neighbour seem like quite well to do, fancy car, nice renovations, reason been those new neighbour is paying 500K for the same house now, they belong to different income category.

So what is not sustainable ? People who pay for the new price is those who can afford the new price.

Understand boh Ais Krim Boy2 ?

People downgrade, same money buy smaller things, or more money buy same thin
So your s money cannot buy back same thing you once own..kekeke
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My sister's single storey bought 8-9years ago was at 140k, that time no body bother to look at it, as they deem expensive because 1st hand owner bought at just 60k++ much earlier6-7 years ago. Fast forward to 4years++ ago when i just start working stay there and look at property there, that time already went up to almost 250k, another sister start look at property also see there then said not worth the price. Then last 2years i saw many were asking for 330-350k. Then middle of this year see again was over 400k. At any point of time also have people think not worth it, but potential buyers had gradually upgraded, from earn 1k++ -> 3k++ -->5k++.. if not figure out the whole picture, in less than 20years it go up so many folds like iceman just study on the surface sure draw the conclusion bubble soon, but i will said the chance is near to zero.
SUSjolokia
post Dec 25 2014, 08:37 PM

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QUOTE(kradun @ Dec 25 2014, 08:18 PM)
My sister's single storey bought 8-9years ago was at 140k, that time no body bother to look at it, as they deem expensive because 1st hand owner bought at just 60k++ much earlier6-7 years ago. Fast forward to 4years++ ago when i just start working stay there and look at property there, that time already went up to almost 250k, another sister start look at property also see there then said not worth the price. Then last 2years i saw many were asking for 330-350k. Then middle of this year see again was over 400k. At any point of time also have people think not worth it, but potential buyers had gradually upgraded, from earn 1k++ -> 3k++ -->5k++.. if not figure out the whole picture, in less than 20years it go up so many folds like iceman just study on the surface sure draw the conclusion bubble soon, but i will said the chance is near to zero.
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Basically he want the Boat repeatedly come & each time charge him same fare, so that he can again & again earn, When he buy price must be lowest then when he sell price must be highest, then drop back to lowest for him to buy & again shoot to highest for him to sell.

Offcoz that is only in his dream..lol

He thinks the one paying 250K for house a decades ago is the same category paying 750K now, same income but Bank will borrow 3X more to same income group... Lol

10 years ago 3K income can borrow 250K but now Bank more generous, 3K income can borrow 750K, so sure cannot sustained & then bank will foreclosure the 750K property & sell for 250K, Bank deliberately making losses if 500K so that there can sue the owner for Bankruptcy, as it a payback for sin the owner committed for not listening to Icemanfx Prophecy...lol
blah2blah
post Dec 25 2014, 09:07 PM

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i got one friend, professional lawyer, just make a shift to Spore to work, when he come back he complain about the difference of the grocery between here and there. The amount of money to pay even after conversion is still mind blowing.

I wonder how am i as a peanut earner can really survive in future.
musteng
post Dec 25 2014, 09:19 PM

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QUOTE(andrewcha @ Dec 25 2014, 09:07 PM)
I wonder how am i as a peanut earner can really survive in future.
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I believe still can survive. Change different lifestyle to adapt with the situation. Provided you not stubborn like somebody tongue.gif

I have been experienced my hardest time in 2008 recession. AIG (malaysia) downsizing and i have lost my job.
I need to cut my peanut pay to look for another job. I totally changed my lifestyle that time and adapt the situation. Luckily still can survive and no need to jump cliff

This post has been edited by musteng: Dec 25 2014, 09:26 PM
kradun
post Dec 25 2014, 09:32 PM

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QUOTE(jolokia @ Dec 25 2014, 08:37 PM)
Basically he want the Boat repeatedly come & each time charge him same fare, so that he can again & again earn, When he buy price must be lowest then when he sell price must be highest, then drop back to lowest for him to buy & again shoot to highest for him to sell.

Offcoz that is only in his dream..lol

He thinks the one paying 250K for house a decades ago is the same category paying 750K now, same income but Bank will borrow 3X more to same income group... Lol

10 years ago 3K income can borrow 250K but now Bank more generous, 3K income can borrow 750K, so sure cannot sustained & then bank will foreclosure the 750K property & sell for 250K, Bank deliberately making losses if 500K so that there can sue the owner for Bankruptcy, as it a payback for sin the owner committed for not listening to Icemanfx Prophecy...lol
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Another undercon 2 storey in Puchong that I saw around Mar'13, that time sell for 600k, now bumi release sell at 750k. No need to cry father cry mother bought at last year historical high still able to get -25% from current price. That time still can choose the unit u likey..
BuyAmaya
post Dec 25 2014, 09:43 PM

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Where is that loser ice cream with all his stupid quotes? Cmon we need you now that bbw is missing.
bearbearwong
post Dec 25 2014, 09:44 PM

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QUOTE(chrisw @ Dec 25 2014, 02:40 PM)
Says if the property price had appreciated like over 100% before it's going down 20%-30% based on new market value, does it consider ddd or uuu?  unsure.gif
bear bear gone for viewing, maybe!  brows.gif  brows.gif  brows.gif
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properties inflated till 300k above , properties which are bought 300k below, is not the bench mark , they have room to drop due to 100% appreciation, current vp units especially those 400k above only enjoy their self calling of 50%, if drop 20-30%, plus their cost of holding 10%, left with 20% , that is provided buyers wanted to buy

most of the case 300k bench mark will have a lot of room s to drop, but also older properties, losing in concept , modernity , new, and etc...
bearbearwong
post Dec 25 2014, 09:46 PM

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QUOTE(kradun @ Dec 25 2014, 09:32 PM)
Another undercon 2 storey in Puchong that I saw around Mar'13, that time sell for 600k, now bumi release sell at 750k. No need to cry father cry mother bought at last year historical high still able to get -25% from current price. That time still can choose the unit u likey..
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basically, just buy any new launch also you will enjoy at least 10-20% upon vp, I think there is no need for you to dictate, new launch are still in bulk out there, like Lakeville Mahsing, selling 600k, been told to touch million upon vp,

zuiko immediately spit on the agents face for saying so.. thumbup.gif
BuyAmaya
post Dec 25 2014, 09:46 PM

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Guys bbw is back!
bearbearwong
post Dec 25 2014, 09:48 PM

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QUOTE(musteng @ Dec 25 2014, 09:19 PM)
I believe still can survive. Change different lifestyle to adapt with the situation. Provided you not stubborn like somebody tongue.gif

I have been experienced my hardest time in 2008 recession. AIG (malaysia) downsizing and i have lost my job.
I need to cut my peanut pay to look for another job. I totally changed my lifestyle that time and adapt the situation. Luckily still can survive and no need to jump cliff
*
dun worry, more insurance are closing down since you left, like Kurnia sapu by An, tahan insurance sapued, Overseas also been sapu, not much big left, AIA also just sapu, left bigger ones like Tokio, Zurich, Allianz,
BuyAmaya
post Dec 25 2014, 09:50 PM

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I guess zuiko you were right. BBW cant stay away.
kradun
post Dec 25 2014, 09:51 PM

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QUOTE(bearbearwong @ Dec 25 2014, 09:46 PM)
basically, just buy any new launch also you will enjoy at least 10-20% upon vp, I think there is no need for you to dictate, new launch are still in bulk out there, like Lakeville Mahsing, selling 600k, been told to touch million upon vp,

zuiko immediately spit on the agents face for saying so.. thumbup.gif
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bro then what are u waiting for? those 600k double storey just 60k downpayment + serve interest by ur own got -25% isnt what u looking for? no flipper at all wor, need to fork out 10% by ur own..
bearbearwong
post Dec 25 2014, 09:53 PM

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QUOTE(kradun @ Dec 25 2014, 09:51 PM)
bro then what are u waiting for? those 600k double storey just 60k downpayment + serve interest by ur own got -25% isnt what u looking for? no flipper at all wor, need to fork out 10% by ur own..
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I dun like that puchong area, is near to serdang /tmn equine there..
musteng
post Dec 25 2014, 09:55 PM

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QUOTE(bearbearwong @ Dec 25 2014, 09:48 PM)
dun worry, more insurance are closing down since you left, like Kurnia sapu by An, tahan insurance sapued, Overseas also been sapu, not much big left, AIA also just sapu, left bigger ones like Tokio, Zurich, Allianz,
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I have no worry at all. Just not as ice cream boy wish. He will disappointed.I am peanut only still can survive. He really think those bbb will jump cliff. notworthy.gif
bearbearwong
post Dec 25 2014, 09:57 PM

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QUOTE(musteng @ Dec 25 2014, 09:55 PM)
I have no worry at all. Just not as ice cream boy wish. He will disappointed.I am peanut only still can survive. He really think those bbb will jump cliff. notworthy.gif
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BBB will not die easily unless takeiong heavy loan, they are looking for profit, no profit, sure run
bcpbeancounter
post Dec 25 2014, 09:58 PM

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QUOTE(bearbearwong @ Dec 25 2014, 09:53 PM)
I dun like that puchong area, is near to serdang /tmn equine there..
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Bear bear mana lu pergi? Hai yo..... why wan to open another tread.... anyway....today we cease fire ok?
musteng
post Dec 25 2014, 09:59 PM

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QUOTE(bearbearwong @ Dec 25 2014, 09:53 PM)
I dun like that puchong area, is near to serdang /tmn equine there..
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Ah bear, understand your preference. Actually most of the local people will like those area they grown up.
I am one of it.
Assume if you really from Kajang, your preference to cheras area is normal

PeriPeri2014
post Dec 25 2014, 09:59 PM

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QUOTE(bcpbeancounter @ Dec 25 2014, 09:58 PM)
Bear bear mana lu pergi? Hai yo..... why wan to open another tread.... anyway....today we cease fire ok?
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why BBW not V17 TS??? hmm.gif hmm.gif

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