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> Multiple Signs of Malaysia Property Bubble V19

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TSicemanfx
post Aug 15 2015, 03:37 AM, updated 9y ago

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https://forum.lowyat.net/topic/3572930/+1540

TSicemanfx
post Aug 15 2015, 03:45 AM

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QUOTE(Showtime747 @ Aug 14 2015, 07:18 PM)
Why would they liquidate ?

Your big assumption is they have no more cash. That is a very big assumption
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QUOTE(Showtime747 @ Aug 14 2015, 07:35 PM)
Not everyone has cash. For that matter, not everyone has more than RM40k cash too

You got to be those top few %. Otherwise, you are just an ordinary man. Those Mr A, Mr B and Mr C walking on the street

Work hard. Work smart and climb the corporate ladder. Seize every opportunity you find. Then you will be those top few %
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Guess you forgot to take medicine for split personality.

QUOTE(Battlefield1942 @ Aug 14 2015, 07:43 PM)
Coming back to the main topic of property price in KV. Why with all those sophisticated knowledge they have on the financial world. Our Bank Negara and finance ministry still can't handle it better then now causing this slide? Compared to SGD, it look like they did a better job.
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Syok sendiri?

QUOTE(Jliew168 @ Aug 14 2015, 07:49 PM)
When u have a good navigation skill you won't scare of storm  tongue.gif
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Guess you never encounter the situation where the wave is higher than the boat. Under this situation, good navigation skill won't help.

QUOTE(jolokia @ Aug 14 2015, 09:17 PM)
Teach him also pointless, Flexi loans, refinancing, is all navigation skill during storm.

Some more wanna reply in insult language.

Why waste time teaching him?  No money No guts No knowledge.

Teach Ah Bear better at least he willing to learn.
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Only those cash strap need refinancing in time of crisis.

The world is greater than the kampung, you have no idea how big is the outside world.


This post has been edited by icemanfx: Aug 15 2015, 04:12 AM
TSicemanfx
post Aug 15 2015, 03:50 AM

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QUOTE(Kindo0211 @ Aug 14 2015, 10:33 PM)
Would like to ask, as a property agents, is that will affect the number of investor to do investment on USA properties which under valued, currently I plan to join a property company, they are selling oversea properties only and claimed that currently USA properties is very cheap, if those investors who sign the investment contract, the third years the buyer can end the contract and resell his contract to this property company with 133% return. And the buyer also will get annual interest rewards of 7% of his total investment on 1st, 2nd and 3rd years. I am afraid that if I join this company, but no sales generated then is pointless for me to resign my current job (but I fed up on current job). Anyone got suggestions?
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Property in the u.s is no longer under value. This business model sound like a ponzi scheme.

TSicemanfx
post Aug 15 2015, 03:58 AM

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To those who are already bought kV property, drop in myr Forex rate shouldn't impact them as bank interest rate remain unchanged, loan repayment is in myr, Spm school leavers are still flocking to kV, divorcee still need 2nd property to stay, GDP growth still positive, inflation rate still low, vss or mss still few and far in between, etc. Don't see the need of panic.

Kindo0211
post Aug 15 2015, 07:28 AM

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QUOTE(icemanfx @ Aug 15 2015, 04:50 AM)
Property in the u.s is no longer under value. This business model sound like a ponzi scheme.
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From what they told me, currently they holding a project from Cape Coral from City of Florida. Many ppl sell the land when economic crisis came, then the company hold all the properties on hands looking for investors.
TSicemanfx
post Aug 15 2015, 09:50 AM

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QUOTE(Kindo0211 @ Aug 15 2015, 07:33 AM)
Yah, the interviewer told me the same thing, they said all the contract is supported by government US. So the buyer will sign that property agreement provided by the lawyer from US.
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Supported by u.s government? At which level? Federal, state or county? U.s gomen don't get involve in this type of deal.

QUOTE(Kindo0211 @ Aug 15 2015, 07:28 AM)
From what they told me, currently they holding a project from Cape Coral from City of Florida. Many ppl sell the land when economic crisis came, then the company hold all the properties on hands looking for investors.
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Hedge funds like Blackstone had been buying foreclosure properties in the u.s if such deal exist, hedge funds and local investors would have secured it before this company that need foreign funding. Further, foreclosure deal is cash transaction, if this company already hold these properties, why they need to share their profit with people over 12,000 km away? Given current housing market in the u.s, they could refinance easily with much cheaper interest rate.

This post has been edited by icemanfx: Aug 15 2015, 10:03 AM
Jliew168
post Aug 15 2015, 11:08 AM

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QUOTE(icemanfx @ Aug 15 2015, 09:50 AM)
Supported by u.s government? At which level? Federal, state or county? U.s gomen don't get involve in this type of deal.
Hedge funds like Blackstone had been buying foreclosure properties in the u.s if such deal exist, hedge funds and local investors would have secured it before this company that need foreign funding. Further, foreclosure deal is cash transaction, if this company already hold these properties, why they need to share their profit with people over 12,000 km away? Given current housing market in the u.s, they could refinance easily with much cheaper interest rate.
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For the first time I have to agreed with u tongue.gif
SUSjolokia
post Aug 15 2015, 11:32 AM

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QUOTE(icemanfx @ Aug 15 2015, 09:50 AM)
Supported by u.s government? At which level? Federal, state or county? U.s gomen don't get involve in this type of deal.
Hedge funds like Blackstone had been buying foreclosure properties in the u.s if such deal exist, hedge funds and local investors would have secured it before this company that need foreign funding. Further, foreclosure deal is cash transaction, if this company already hold these properties, why they need to share their profit with people over 12,000 km away? Given current housing market in the u.s, they could refinance easily with much cheaper interest rate.
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Fuyoh ! Did Icemanfx ask his lecturer post on his behalf.. tongue.gif

First time see his professional economy student substance leh.. thumbup.gif
mthc
post Aug 15 2015, 11:35 AM

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QUOTE(icemanfx @ Aug 15 2015, 09:50 AM)
Supported by u.s government? At which level? Federal, state or county? U.s gomen don't get involve in this type of deal.
Hedge funds like Blackstone had been buying foreclosure properties in the u.s if such deal exist, hedge funds and local investors would have secured it before this company that need foreign funding. Further, foreclosure deal is cash transaction, if this company already hold these properties, why they need to share their profit with people over 12,000 km away? Given current housing market in the u.s, they could refinance easily with much cheaper interest rate.
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Lol! I couldn't agree more that this does sound like a ponzi scheme. Especially those UK's green land scheme like Jardin International.

What happened to u Aiskirim man. You are a changed man.
TSicemanfx
post Aug 15 2015, 11:48 AM

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QUOTE(mthc @ Aug 15 2015, 11:35 AM)
Lol! I couldn't agree more that this does sound like a ponzi scheme. Especially those UK's green land scheme like Jardin International.

What happened to u Aiskirim man. You are a changed man.
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Nope, still the same student, part time ice cream stall assistant.

diversity
post Aug 15 2015, 12:05 PM

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Can buy now? ):
TSicemanfx
post Aug 15 2015, 12:10 PM

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QUOTE(diversity @ Aug 15 2015, 12:05 PM)
Can buy now? ):
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Buy what?
diversity
post Aug 15 2015, 12:41 PM

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QUOTE(icemanfx @ Aug 15 2015, 12:10 PM)
Buy what?
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Property lo, now looking at cyberjaya. What does the sifus think?
SUSleonhart88
post Aug 15 2015, 12:56 PM

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QUOTE(diversity @ Aug 15 2015, 12:41 PM)
Property lo, now looking at cyberjaya. What does the sifus think?
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of course can. 10 million also can as long as for own stay
diversity
post Aug 15 2015, 01:06 PM

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QUOTE(leonhart88 @ Aug 15 2015, 12:56 PM)
of course can. 10 million also can as long as for own stay
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300k+ sub sale condo, actually buy for both investment / self stay la. The reason why I don't wanna straight away move in is because the current place I'm renting is super cheap and worth it. That's why wanna rent it out to people first, if my landlord decide to sell then I'll move in. But I understand now got oversupply in Cyber lo.
SUSleonhart88
post Aug 15 2015, 01:28 PM

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QUOTE(diversity @ Aug 15 2015, 01:06 PM)
300k+ sub sale condo, actually buy for both investment / self stay la. The reason why I don't wanna straight away move in is because the current place I'm renting is super cheap and worth it. That's why wanna rent it out to people first, if my landlord decide to sell then I'll move in. But I understand now got oversupply in Cyber lo.
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cheap how much rent? i can save 70% money when I move to my house from renting
TSicemanfx
post Aug 15 2015, 02:02 PM

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QUOTE(diversity @ Aug 15 2015, 01:06 PM)
300k+ sub sale condo, actually buy for both investment / self stay la. The reason why I don't wanna straight away move in is because the current place I'm renting is super cheap and worth it. That's why wanna rent it out to people first, if my landlord decide to sell then I'll move in. But I understand now got oversupply in Cyber lo.
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If you understand there is oversupply in cyberjay mean your unit could be vacant for extended period or rent is depressed.


SUSjolokia
post Aug 15 2015, 02:08 PM

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QUOTE(diversity @ Aug 15 2015, 01:06 PM)
300k+ sub sale condo, actually buy for both investment / self stay la. The reason why I don't wanna straight away move in is because the current place I'm renting is super cheap and worth it. That's why wanna rent it out to people first, if my landlord decide to sell then I'll move in. But I understand now got oversupply in Cyber lo.
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As you said you buy for rental & own stay, why bother about oversupply ? especially you are still renting for now, if rental collection not worth then use it for own stay, if rental collection is good then as investment.

But having said that always better to stay in own house, can renovate to own liking, no need buy cheap furniture, no need see landlords black face when ask for repair.. lol
diversity
post Aug 15 2015, 03:05 PM

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QUOTE(leonhart88 @ Aug 15 2015, 01:28 PM)
cheap how much rent? i can save 70% money when I move to my house from renting
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I rent a landed two storey terrace in prime location for only about 1.2k. Very very near my work place. If buy @ Cyber still can go work la, just further and need to pass 1 /2 tolls one way ohmy.gif


QUOTE(icemanfx @ Aug 15 2015, 02:02 PM)
If you understand there is oversupply in cyberjay mean your unit could be vacant for extended period or rent is depressed.
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Yes, that's why is worst case scenario I will have to move in. But hopefully won't until that stage la, the good thing is the condo is beside MMU. So really hope can find tenant.

QUOTE(jolokia @ Aug 15 2015, 02:08 PM)
As you said you buy for rental & own stay, why bother about oversupply ? especially you are still renting for now, if rental collection not worth then use it for own stay, if rental collection is good then as investment.

But having said that always better to stay in own house, can renovate to own liking, no need buy cheap furniture, no need see landlords black face when ask for repair.. lol
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Yeah I understand. Willing to move in next time, but currently I'm renting a double storey terrace at a really good rate and location. So wanna buy my first property as more like a hybrid situation - Self stay if necessary / investment (rental yield to cover loan)

This post has been edited by diversity: Aug 15 2015, 03:07 PM
Kindo0211
post Aug 15 2015, 08:01 PM

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QUOTE(icemanfx @ Aug 15 2015, 10:50 AM)
Supported by u.s government? At which level? Federal, state or county? U.s gomen don't get involve in this type of deal.
Hedge funds like Blackstone had been buying foreclosure properties in the u.s if such deal exist, hedge funds and local investors would have secured it before this company that need foreign funding. Further, foreclosure deal is cash transaction, if this company already hold these properties, why they need to share their profit with people over 12,000 km away? Given current housing market in the u.s, they could refinance easily with much cheaper interest rate.
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This I really not able to answer you since I not professional in this field. But I found the corporate website, kindly have a look and give me more comments.

Their office located in Pavilion Office Suite level 9.

Link---------->. http://qualitasproperty.com

Thanks

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