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

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Jliew168
post Jan 4 2015, 04:20 PM

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QUOTE(AppreciativeMan @ Jan 4 2015, 04:18 PM)
Exactly...... From the way he reply tax related matter.... Obviously he hav not submitted tax before....... So it's definitely in the 2k+ bracket.......  tongue.gif  tongue.gif

And he may not even a repoman....... Maybe jus a trainee there only.......  brows.gif  brows.gif
*
Really ah doh.gif , car repoman samseng can more than 7-10k per month laugh.gif
bearbearwong
post Jan 4 2015, 04:21 PM

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QUOTE(JasonW13 @ Jan 4 2015, 03:48 PM)
After GST,
Renovation cost increase
Manufacturing cost increase
More taxable items
Cost of living increase mainly because of food price
Professional fees increase because professionals are required to pay GST although is service sector
Condo/Apartment maintenance fees increase for those commercial title like SOHO, SOFO etc.
Potentially need to buy flood insurance from now onward. Also need to pay GST.

Apart from that,
Cukai pintu also bising to naik harga
TNB also bising to naik harga
Base rate is subject to quarterly review by lending bank
Labor pay remains stagnant
Rosma complaining not enough diamonds.
If you are buying subsale, confirmed more expensive considering the above.
If you are buying new launch, confirmed it is also more expensive because developer need to pay GST.


Want to buy Pr1ma /Rumahwip home? Balloting and quality concern
Want to buy PKNS home? Distance from town is killing and security is a concern

If you have found a desire and affordable unit for your own stay, then better buy now than later. Buy within means.

Please correct me if any of the above is incorrect. TQ.
*
subsales are completed units what has the increase has to do with subsales? feel like increasing the price factor got lar..

professional fees no need increase, bann all discounts that would be good..

as much one want to say the bad quality of gov coming houses, they secure very strategic locations , like it not, due to location, it may not you cup of tea... not to say wanted to inflate or otherwise, sureluy some will buy due to price and location, just the question is who..

with ppl/buyers filling the gov houses, surely pool of buyers shrink.. in simple terms, more property , more stock, the ones which are cheap and new and good location may be reducing the current market, and the transaction record shall take the tolls.. thumbup.gif
SUSjolokia
post Jan 4 2015, 04:21 PM

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QUOTE(bearbearwong @ Jan 4 2015, 04:12 PM)
but I have already a hut under my head how to sleep bridge?
*
Hut over your head lah ! How to be under your head, you lived on roof top ? tongue.gif

Anyway that's your relatives apartment rented to you only & PAMA house not yours (at least not yet, could be pass to your brother & sister, or never know something happened they may need to sell it off. )

Get your own house don't be a Yee Sai Zhou.
Jliew168
post Jan 4 2015, 04:22 PM

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QUOTE(Tigerr @ Jan 4 2015, 04:13 PM)
Looks like this ice cream boy is a very materialistic. Guess his money all stuck with fancy watches, wallets, belts, shoes, socks, fine dining, etc. Leaving him no money to buy house
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Student only can fancy sport shoe,Nike , g shock only nia...ice cream boy watch too much korean drama until live in dreaming world tongue.gif
SUSjolokia
post Jan 4 2015, 04:22 PM

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QUOTE(Jliew168 @ Jan 4 2015, 04:18 PM)
Devepor parklane 470k, subsale 390k  tongue.gif , first buyer 280k  brows.gif , bear bear buy at ? hmm.gif  tongue.gif
*
500K after GST same price as Midfield2 launch price. tongue.gif
bearbearwong
post Jan 4 2015, 04:23 PM

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QUOTE(jolokia @ Jan 4 2015, 04:21 PM)
Hut over your head lah ! How to be under your head, you lived on roof top ? tongue.gif

Anyway that's your relatives apartment rented to you only & PAMA house not yours (at least not yet, could be pass to your brother & sister, or never know something happened they may need to sell it off. )

Get your own house don't be a Yee Sai Zhou.
*
why we need to support such an inflated price... I can afford to wait.. waiting subsales price to soar higher or around new launch, easier to make decision

GT 208 is catching up... going 630k according to you, 70k more will hit 700k, touch green residence new mass unsold units and high end thumbup.gif
JasonW13
post Jan 4 2015, 04:24 PM

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QUOTE(jolokia @ Jan 4 2015, 04:21 PM)
Hut over your head lah ! How to be under your head, you lived on roof top ? tongue.gif

Anyway that's your relatives apartment rented to you only & PAMA house not yours (at least not yet, could be pass to your brother & sister, or never know something happened they may need to sell it off. )

Get your own house don't be a Yee Sai Zhou.
*
Commonwealth countries grad.... doh.gif
Tigerr
post Jan 4 2015, 04:24 PM

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QUOTE(bearbearwong @ Jan 4 2015, 04:12 PM)
but I have already a hut under my head how to sleep bridge?
*
U mean the rented apartment? U dont know which day u kena kick out n continue search to rent else where
JasonW13
post Jan 4 2015, 04:25 PM

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QUOTE(bearbearwong @ Jan 4 2015, 04:23 PM)
why we need to support such an inflated price... I can afford to wait.. waiting subsales price to soar higher or around new launch, easier to make decision

GT 208 is catching up... going 630k according to you, 70k more will hit 700k, touch green residence new mass unsold units and high end  thumbup.gif
*
When subsale = new launch price or close, then what is ur strategy? hmm.gif
bearbearwong
post Jan 4 2015, 04:26 PM

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QUOTE(jolokia @ Jan 4 2015, 04:22 PM)
500K after GST same price as Midfield2 launch price. tongue.gif
*
developers unsold units account to 5% of total... the problem ius the subsales..
why developers want to bother themselves with higher prices, already finish what..

if developers increase the price, they are actually getting their own units stuck.. if it soar higher, the sub sales are selling below 400k thne developers need to wait all sub sales below range to be sell off before they are been considered to sold..

means developer gotta service loan/pay somewhere just to benefit sub sales investors? lol
JasonW13
post Jan 4 2015, 04:29 PM

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QUOTE(bearbearwong @ Jan 4 2015, 04:21 PM)
subsales are completed units what has the increase has to do with subsales? feel like increasing the price factor got lar..

professional fees no need increase, bann all discounts that would be good..

as much one want to say the bad quality of gov coming houses, they secure very strategic locations , like it not, due to location, it may not you cup of tea... not to say wanted to inflate or otherwise, sureluy some will buy due to price and location, just the question is who..

with ppl/buyers filling the gov houses, surely pool of buyers shrink.. in simple terms, more property , more stock, the ones which are cheap and new and good location may be reducing the current market, and the transaction record shall take the tolls..  thumbup.gif
*
I won't deny that there are people who tend to push up the price post GST for the sake of pushing it up. However, if there is no demand, the price will still need to come down right? Also, one particular case cannot be generalized to other cases too right? Not all sellers behave in same pattern..

Those RumahWip is for those people who really need a roof but with low income. Pr1ma is open for higher income earners but at the same time those with lower income can rent. When this kind of logic also can be developed, that means you are likely not going to get it because you are earning 4.5K nett salary, not to mention the butt pain quota policy. shakehead.gif
How can you compare supply of Pr1ma / RumahWip with parklane oug or other residential properties etc? They are not in the same league at all la...

This post has been edited by JasonW13: Jan 4 2015, 04:31 PM
bcpbeancounter
post Jan 4 2015, 04:31 PM

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QUOTE(bearbearwong @ Jan 4 2015, 04:23 PM)
why we need to support such an inflated price... I can afford to wait.. waiting subsales price to soar higher or around new launch, easier to make decision

GT 208 is catching up... going 630k according to you, 70k more will hit 700k, touch green residence new mass unsold units and high end  thumbup.gif
*
You can afford to wait? Confirm no gf liao.
Jliew168
post Jan 4 2015, 04:31 PM

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QUOTE(bearbearwong @ Jan 4 2015, 04:26 PM)
developers unsold units account to 5% of total... the problem ius the subsales..
why developers want to bother themselves with higher prices, already finish what..

if developers increase the price, they are actually getting their own units stuck.. if it soar higher, the sub sales are selling below 400k thne developers need to wait all sub sales below range to be sell off before they are been considered to sold..

means developer gotta service loan/pay somewhere just to benefit sub sales investors?  lol
*
Luckily u r not developer if not your company sure chap lap...

If developer selling much more cheaper than subsale who will dare buy this developer product in future ?

U don't have any eyesigh doh.gif

And your half bucket knowledge really doh.gif
bearbearwong
post Jan 4 2015, 04:32 PM

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QUOTE(JasonW13 @ Jan 4 2015, 04:25 PM)
When subsale = new launch price or close, then what is ur strategy?  hmm.gif
*
it is easy right for me...

a)same price different area properties
b)different facade, high end vs mid end, modern
c)low entry.. confirm loan
d)hassle free till completion 3-4 year down the road
e)new units
f)legal fees and stamp duty included
g) possibility of fetching higher price upon vp

buying sub sales will used up lot of upfront cash.. instead keep it and and pay low entry wait 3-4 years and start servicing, at that time, ur money can be utilise to service loan instead

AppreciativeMan
post Jan 4 2015, 04:32 PM

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QUOTE(Jliew168 @ Jan 4 2015, 04:20 PM)
Really ah doh.gif , car repoman samseng can more than 7-10k per month  laugh.gif
*
Selling pre paid cards and phone accessories also can earn 5 figure lor....... Stay in Aircon place whole some more....... whistling.gif whistling.gif

Problems with bbw...... May be he got some education (thou I feel it's like not at all..... tongue.gif ) so he die die will only look for those 'work' that requires those qualification....... See the way how he looks down on others already reflect what kind of "personalities" he hav lor....... tongue.gif tongue.gif

It's good anyway........ We need trash like him than there is more opportunities for others...... If not will be too competitive already....... whistling.gif whistling.gif
tnang
post Jan 4 2015, 04:32 PM

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QUOTE(Jliew168 @ Jan 4 2015, 04:18 PM)
Devepor parklane 470k, subsale 390k  tongue.gif , first buyer 280k  brows.gif , bear bear buy at ? hmm.gif  tongue.gif
*
When i settle my last payment at akisama, saw a buyer booked a unit at 490k, current subsale low price is due to low price for phase 1 initial buyers. Once this sold, price will go up, do remember. Phase 2 and 3 launch price abt 350k, no way they will sell below 400k, furthermore location is good. Bearbear wait longer, 500k for him is not dream.

This post has been edited by tnang: Jan 4 2015, 04:33 PM
bcpbeancounter
post Jan 4 2015, 04:33 PM

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QUOTE(bearbearwong @ Jan 4 2015, 04:26 PM)
developers unsold units account to 5% of total... the problem ius the subsales..
why developers want to bother themselves with higher prices, already finish what..

if developers increase the price, they are actually getting their own units stuck.. if it soar higher, the sub sales are selling below 400k thne developers need to wait all sub sales below range to be sell off before they are been considered to sold..

means developer gotta service loan/pay somewhere just to benefit sub sales investors?  lol
*
You guy say developers has 50% profit wo....sold 95% can oay off the balance 5% la.
JasonW13
post Jan 4 2015, 04:36 PM

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QUOTE(bearbearwong @ Jan 4 2015, 04:32 PM)
it is easy right for me...

a)same price different area properties
b)different facade, high end vs mid end, modern
c)low entry.. confirm loan
d)hassle free till completion 3-4 year down the road
e)new units
f)legal fees and stamp duty included
g) possibility of fetching higher price upon vp

buying sub sales will used up lot of upfront cash.. instead keep it and and pay low entry wait 3-4 years and start servicing, at that time, ur money can be utilise to service loan instead
*
Then you should just buy new launch. Why bother to go for sub sale? shakehead.gif
With GST, your new launch is getting more expensive and farther from the town.
AppreciativeMan
post Jan 4 2015, 04:36 PM

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QUOTE(bearbearwong @ Jan 4 2015, 04:23 PM)
why we need to support such an inflated price... I can afford to wait.. waiting subsales price to soar higher or around new launch, easier to make decision

GT 208 is catching up... going 630k according to you, 70k more will hit 700k, touch green residence new mass unsold units and high end  thumbup.gif
*
Confirm no gf lor........ So obvious...... whistling.gif whistling.gif
Tigerr
post Jan 4 2015, 04:36 PM

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QUOTE(jolokia @ Jan 4 2015, 04:21 PM)
Hut over your head lah ! How to be under your head, you lived on roof top ? tongue.gif

Anyway that's your relatives apartment rented to you only & PAMA house not yours (at least not yet, could be pass to your brother & sister, or never know something happened they may need to sell it off. )

Get your own house don't be a Yee Sai Zhou.
*
It is not surprising that this bbw is also aiming his relative apartment by cursing all his coursins

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