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

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CK15
post Dec 24 2014, 01:48 PM

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QUOTE(**** @ Dec 24 2014, 01:38 PM)
I cant believe all these years. People still believe property will crash.

Never learned sejarah before one. Sejarah 101 

Those who never learned from are doomed to fail
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Can't predict the whole property market will 'crash', but individual unit sold below 50% of initial purchase price still can be seen in today auction market. They are gem out there, the issue is are you going to buy it?
CK15
post Dec 25 2014, 04:21 PM

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QUOTE(robert82 @ Dec 25 2014, 04:00 PM)
Was wondering.
What if DDD is true, but do you really want DDD to happen?
When DDD comes, people lose jobs, businesses suffer, interest rate increase, loan is harder to get.

Doesn't that mean unless u have min 3-500k cash, you yourself won't be able to buy any property either? Even then, do you have balls to buy? or will the bank give you the loan?

So, really do you want DDD?
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Small potato can't control the market, so u hv to guess based on history records and latest patterns. It is gamer.

If ur guess is right, hit the jackpot! If ur guess is wrong, sorry u hv to pay the price on it!
CK15
post Dec 25 2014, 07:29 PM

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Sound familiar?
"If I know I'll ..... "
"That place last time very ulu nobody wants ..."
"Last time Rmxxxx only ...."
........
........
Winner or loser?
CK15
post Dec 25 2014, 10:04 PM

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QUOTE(musteng @ Dec 25 2014, 09:59 PM)
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
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Bear2's home town in Dengkil, but he don't like Dengkil!
CK15
post Dec 25 2014, 10:17 PM

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QUOTE(PeriPeri2014 @ Dec 25 2014, 10:06 PM)
sure?? hmm.gif
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Bird gor, u are good friend of uncle bear, u ask him lor!
CK15
post Dec 25 2014, 10:44 PM

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QUOTE(PeriPeri2014 @ Dec 25 2014, 10:18 PM)
ck koR...I think he Kajang kaki lai de  biggrin.gif
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After migrate to Kajang, he forgot the root lior!
CK15
post Dec 26 2014, 08:28 AM

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QUOTE(Tigerr @ Dec 26 2014, 08:25 AM)
If bbw really wants to buy an affordable house. He can go buy in kelantan. Sure cheap n big n affordable there. I believe kelantan also need repoman there. Only thing is u cant have big malls to lepak like in kl.
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Bear2 is not quality to buy property in Kelantan la!
Dia bukan olang Kelanteh!
CK15
post Dec 26 2014, 06:04 PM

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QUOTE(musteng @ Dec 26 2014, 05:36 PM)
Ah bear open thread about bubble to burst slowly in 2015. Expected 10% drop in property price with the full support of ice cream boy
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Ah bear kaya, and likes to gambler. Additional rm20k-50k for him sap sap water only. Who knows he win and can use money for house reno di. ;-)
CK15
post Dec 27 2014, 03:20 PM

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QUOTE(bearbearwong @ Dec 27 2014, 02:57 PM)
Oh... so why are sales slowing down? New launch cant sell and subsales waiting? In MY? Bubble here already?

Where you bought ur props ?share it we know u are flippers or not..
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Old day, project took months to complete sold.
Now just back to normal.
Are u still expecting sold withins 1-2 weeks now meh?

This post has been edited by CK15: Dec 27 2014, 03:22 PM
CK15
post Dec 28 2014, 10:24 AM

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QUOTE(zuiko407 @ Dec 28 2014, 10:15 AM)
Wah.. Bear bear! Here u said just hope for 10% cheaper, but there u said market totally crash... I love you bear bear
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Just to add, he just hopes 10% cheaper from ASKING price niah! Don't care whether matching bank valuation or 10% below bank valuation price wor!

CK15
post Dec 28 2014, 10:35 AM

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QUOTE(JasonW13 @ Dec 28 2014, 10:28 AM)
Tiger already offer him to buy his unit at BU for RM 800K if I am not mistaken. Is under Bank valuation some more I believe. He should be able to get 90% loan.
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Rm3.7k mthly salary how to get 90% loan for rm800k property wor?
CK15
post Dec 28 2014, 10:44 AM

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QUOTE(JasonW13 @ Dec 28 2014, 10:38 AM)
Exactly that's the point. Bank will only gives him RM 400K loan maximum based on the income. He hasn't tell us whether he got other commitment as in car loan or not. Still want to dream for RM 600K/RM 700K house. He can if join name with another income contributor which he failed to do so. That's why he got frustrated I guess.
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Bear2 very proud to have clean CCRIS records. Credit card used to collect points and fully settled every month. Car owned by PAMA, or maybe by sibling, so no need to pay any cent.
He wanted to join name with GF, but hor GF's che moi smart ask her not to do so... u know y la hor! ;-)

This post has been edited by CK15: Dec 28 2014, 10:46 AM
CK15
post Dec 28 2014, 11:04 AM

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QUOTE(jolokia @ Dec 28 2014, 11:00 AM)
He deem those 400K property are for low class people only, people with Commonwealth countries recognised cert deserved 600K above Property, he cannot live with other race, so must be in Chinese majority area, he also cannot stand waiting for lift so he want low density better if got private lift lobby, must make sure not a single African or Middle East tenant in the entire building, must be made of red bricks with high quality building material, instant vacant & newly VP unit, owner can only charge him SNP + 5% profit max.

if you ask him to buy any lower price property you are deem dog eyed him, you'll be in his hated list & deserved to be constantly wave o0o..
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SNP + 5% or not more Rm50k, whichever lower.
CK15
post Dec 28 2014, 09:32 PM

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Just to excite bear2. Single lady at 25 yo already got 3 houses.



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CK15
post Dec 29 2014, 09:50 AM

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QUOTE(tnang @ Dec 29 2014, 09:35 AM)
I already rent out breakeven, tenant pay installment, can boh? So little knowledge pretend to be sifu. I want to correct you argument of lost 8.8k, go calculate, only see one way is you? Real small kid, teach grandma how to cook egg.
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Bear2 likes to argue baseless facts. He only look at FAILED stories. And only look at FAILED property projects. And keep on complaining price high, can't get rented, and high risk to loose money.... haizzz.......!
Got success projects he don't want, die2 want to buy the FAILED one.... If he being repo by his colleagues, he is asking for it, no need to pity him la! ;-)
CK15
post Dec 29 2014, 10:16 AM

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QUOTE(ManutdGiggs @ Dec 29 2014, 10:06 AM)
The longest I hold for one of my commi was 17mths b4 the 1st cheque for rental. So far u look more kantoi than me wo.  hmm.gif
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Boss, bear2 never understand the behavior of each type of property but want to show off as sifu. He tot all the properties are the same, and worst still every one has the same thinking likes him.... Hehehehe!
CK15
post Dec 29 2014, 10:33 AM

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QUOTE(AMINT @ Dec 29 2014, 10:26 AM)
I think if we look at property investment from a long term point of view, market up or down, we wont really care as long as we get a good value for money and potential appreciation. long term still appreciate even if current situation is very bad.

i dont think is that bad anyway. i just bought a subsale prop and a land. while i also sold one of my props. everything happened last month.
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Maybe u can share ur subsale deal to excite bear2!
Where is the location?
Price against market and bank valuation?
Rental potential? Can it cover bank installment?
Future price appreciation potential?
And more importantly, is it Chinese area? ;-)
CK15
post Dec 29 2014, 08:13 PM

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QUOTE(jubz @ Dec 29 2014, 07:57 PM)
PeriPeri2014, did you went? I remember someone from the crowd keep on agreeing with the speaker. Every point made will be also yes.  brows.gif
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Sure la BBB. ;-)
Imaging who will buying if says market crash next year? Hehehe..
CK15
post Dec 30 2014, 12:12 PM

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QUOTE(bcpbeancounter @ Dec 30 2014, 11:56 AM)
All 20+ youngsters already bought house. Bear bear depress now.
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Young girl already got the 1st apt at age 23, 2nd apt year after, then condo this year. What bear2 achieved so far at age > 30 yo?
Only one word "Useless!" Haizzzz....

This post has been edited by CK15: Dec 30 2014, 12:19 PM
CK15
post Dec 30 2014, 12:22 PM

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QUOTE(JasonW13 @ Dec 30 2014, 12:18 PM)
GF already got 2 apartments and 1 condo? wow... flex.gif  rclxms.gif
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Not his GF.....
His lawyer GF very smart waiting Bear2 to buy and put her name in niah! ;-)


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