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

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tnang
post Dec 24 2014, 09:36 PM

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No bearbear, this thread sound funny and boring
tnang
post Dec 27 2014, 10:04 AM

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QUOTE(bearbearwong @ Dec 26 2014, 11:25 PM)
ok, sure no problem.. heard 95 projects launching in 2015 liao  thumbup.gif
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Can share the info of 95 projects, any below 500k?
tnang
post Dec 29 2014, 08:56 AM

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QUOTE(bearbearwong @ Dec 29 2014, 07:50 AM)
which part of the statement I mention not buying and not monitoring? so more prediction of certainty lies ahead by you o0o, now 2018 is a good year to buy? now you 26, 3 years from now 29 just sweet and nice to wait what? flippers...

another o0o kid need to be waved, really 26 years old mentality, the slow down of course cannot happen overnight? it started since last year 2013 already when DSR kicks in, see still say first time home buyers, flipper lar you... these increase mentality is flipper mentality, you see, up there u spouting alot of uncertainties, but from the stains of poof you are just a flipper with certainty:

a) after GST confirm to need to pay more
b) unles wait untill 2018 to witness the drop moments
c) this is the most o0o pain, with no demands price dont drop but keep increase? then practically just buy any new launch in kv will do, need you to give speech meh, the BBB here stupid? U think we 26 kids? these new launch are left unsolicited , if prop price are to keep increase or better according to you after GST sure increase in another 4 months, the flippers/investors leave it and let it just like that and let go opportunity to profit? this time around paper gain is just 4 months awat after GST lehh..o0o
d) this flipper mentality really kns, ah kid yes one year waiting of course RPGT may drop from 30% to lower to 20% yes 10% drop, subsequent years are only 5% lehh. asssuming a property is made of 500k, 10% dp, 35 years max stretch, that is servicing 2.2k loan and 200+ maintenance, totoal plus inking and etc, that is 2.5k per month
2.5k per month x12 months = 28.8k

from 500k property like Jliew Midfields flip to 700k , 200k gross profit

30% from 200k = 60k
20% from 200k = 40k
from 3 year holding to 4th year difference to pay RPGT is less 20k, you service loans and maaintenance is 28.8k, knn still rugi 8.8k, see you are a real flipper... and 26 year old kid mentality, only know to think one way .. oh PRGT drop...

hello 5th year drops 5% how? still service 28.8k leh, sumore need to assumed flippers get the best rates of BLR, well sumore have to assume it is stagnant OPR leh o0o.. sumore the cost push into the new flip price say 700k + 28.8k gets valuation leh.. 2 years already 60k increase... valuation getting further, more ppl need to pump deposit leh.. 10% also susah want more? market now is 20% at least for inflated props

and most important thing 700k need to have takers, 600k plus new launch low entry also no takers 700k subsales? need you teach or not kid?

so after the above, you deserve to really self wave or not? please wave, if property price really surge , my parents lands also surge lar o0o, even I think they are not deserving but compared to jokers 1ksq vs 40k sq space..
kid o0o, come talk with us? this is version 17, these tings already been hit in and out larr the BBB has no choice but to troll you see... you also same flippers knn
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1. Your loan pay toward interest and principal
2. Rental for 1 year
3. Potential appreciation for 1 year, assume only 5% per year, you calculate lah,
On top of rpgt 10%
If you dont know, dont behave ilke a guru. How to rugi 8.8k? Beh tahan punya knowledge in property

tnang
post Dec 29 2014, 09:35 AM

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QUOTE(bearbearwong @ Dec 29 2014, 09:28 AM)
Come to spout shit again? Hellow first few years of loan installments are allocated to interest serving.. means if you service 30k per year.. you think you get 30 k less redemption statement? Please lar.. 5k to 10k maybe.. you pay 30k maybe getting 10k or less for the ptincipal reduction..

of course rental.. how many % has OUG paklane rented out post 4 months vp? 90% full? 90% still vacant got..

look at amaya rental.. he maybe lucky.. but the 30 plus shop apartments and less than 50% occupancy owners how? Post 1 year plus vp leh.. GT 208 too.. skyvista residency only see 5 units .. altitude 236 developers stikl holding and whole unit bkack out.. you OUG parklane how? Tiara mutiara? Sutera maya? Tiara mutiara 2?

Worse lu.. now buy property pao rent ? Pao untung... kns
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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.
tnang
post Dec 29 2014, 10:07 AM

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QUOTE(bearbearwong @ Dec 29 2014, 10:00 AM)
walao the 90% vacant owners cant rent out post 4 months vp is not the indicator? The less than 10% is the indicator? This is not thinking one way? Damm
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Where you find 90% owners want to rent out cannot rent? Or you assumption?, i one of the owner , i follow up i know, I rent out less than one week after fix the basis needed. Developer take time to fix defect, grill need to wait for 3 weeks. Little kid, teach your grandma to cook egg, in fact, i rent out 4 units in one mth time, parklane, ayu, jati, orkid, few more to go? Because i need to work, cant find time.
tnang
post Dec 29 2014, 10:11 AM

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QUOTE(AMINT @ Dec 29 2014, 10:10 AM)
Until forever, this thread will never finish wan la. hehe. but i like to read ur comments.
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Amint, how your ayu impian? I just rent out my prima to a malay couple?

This post has been edited by tnang: Dec 29 2014, 10:11 AM
tnang
post Dec 29 2014, 10:20 AM

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QUOTE(AMINT @ Dec 29 2014, 10:14 AM)
Hi tnang. my ayu impian rented out long2 time ago already. 2+1 years but fyi, rental too low liao. the people there dont control the market. bad2
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Rental is very low there, agent offer me 690k for prima. But jati i also rent out, only breakeven. Your alam impian good? I remember you cause i queue for impian but miss it.
tnang
post Dec 29 2014, 10:30 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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+1, my strategy is cashflow game, as long as overall portdolio give me positive cashflow, who care up or down!

This post has been edited by tnang: Dec 29 2014, 10:30 AM
tnang
post Dec 30 2014, 12:11 AM

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Busy day today, rent out three units, own effort, save couple of thousand.

This post has been edited by tnang: Dec 30 2014, 12:11 AM
tnang
post Dec 30 2014, 12:19 AM

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QUOTE(ManutdGiggs @ Dec 30 2014, 12:13 AM)
Bear Sifu 'll not trust u. Let's wait for his calculation laugh.gif
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He will believe when i show him tenancy agreement, what is call positive cashflow
tnang
post Dec 30 2014, 12:29 AM

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QUOTE(bearbearwong @ Dec 30 2014, 12:25 AM)
tenancy agreement? i can firms has so many leh , you wanan shock ppl?
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Young kids , dont believe ka. Little knowledge in property pretend like sifu, buy own stay home also so difficult, what to talk abt investment. When i book my own home, just my wife say ok, i pay.
tnang
post Dec 30 2014, 12:32 AM

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QUOTE(bearbearwong @ Dec 30 2014, 12:31 AM)
ya meh, if you want I can intro non 260k units without DIBS for you new launch...

for subsales, I think your say 100x ok also you wont buy
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Where? Estimate rentel, price? Will buy if meet my criteria. Good night

This post has been edited by tnang: Dec 30 2014, 12:33 AM
tnang
post Dec 31 2014, 06:53 PM

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QUOTE(Jliew168 @ Dec 31 2014, 06:37 PM)
Just came back from akisama  sales office..developer unit parklane start from 470k one car park, rebate 15k
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With all the package? 4 aircon, kitchen cabinet, etc
tnang
post Dec 31 2014, 07:07 PM

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QUOTE(jolokia @ Dec 31 2014, 06:56 PM)
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.
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Parklane best buy is phase 1, good time over, if i. Now, very minimun appreciation and rental. My only breakeven with installment, no too bad. Will hold for few more years.
tnang
post Dec 31 2014, 07:08 PM

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QUOTE(ManutdGiggs @ Dec 31 2014, 07:07 PM)
Jialat prop market sibeh bad le. I hav no choice but just increased one of the rental for 25%. Cbhsl. Tenant accepted wo. Really bad................me
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I offer my unit cheaper to him, where your location?
tnang
post Dec 31 2014, 07:37 PM

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QUOTE(ManutdGiggs @ Dec 31 2014, 07:34 PM)
Batu Caves boss. Main road. High demand cool2.gif
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Ah, no property at batu cave, haha, near where beruang stay, bear cave.
tnang
post Dec 31 2014, 07:40 PM

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QUOTE(Jliew168 @ Dec 31 2014, 07:14 PM)
Yes with Reno , that block haven't vp..I purpostly go there to check for bro bear geh

Got 2 car park unit but min 490k before rebate 15k

I think subsale cheaper
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Beruang takut tinggi, all high floor
tnang
post Dec 31 2014, 08:41 PM

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QUOTE(musteng @ Dec 31 2014, 08:09 PM)
The 3 blocks haven't VP is phase 3 (Block A,B,C in green color balcony)
Tnang rented out that 1 i believe is phase 1 (Block F,G,H in orange color)
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Abc is green. D is black , e is orange. Yes mine is orange, lower price among all, below 300k
tnang
post Dec 31 2014, 10:19 PM

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QUOTE(bearbearwong @ Dec 31 2014, 09:07 PM)
last time they use the same excuse to increase the food price, now the oil drop they did not use it to increase, same businessman and flippers are the same, just going to hantam one excuse to increase, even no excuse also they want to increase, because they just wanted to increase...

though developers tend to have very high profit margin on paper to have launch prop at highher prices, but that will slow down the transcation and less takers, and money will be stuck like you vista

I believe there are developers who can sell lower priced, mild quality and results are sell all finish  thumbup.gif

just like car spare parts, there are original quality and Taiwan, Japan, China, someone will do sell lower, in terms of property, no need to worry about the foundation, that basics will stay, workmanship, facade may differ
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Last month when i registar dsl at bandar botanic is 585k, todAy told me 618k, greedy developer.
tnang
post Dec 31 2014, 10:23 PM

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QUOTE(JasonW13 @ Dec 31 2014, 10:20 PM)
http://www.tropicanametropark.com.my/inside.php

Is Tropicana Metropark a good buy?
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Expensive for that area, near htc, selling concept

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