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> Multiple Signs of Malaysia Property Bubble V19

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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
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
SUSjolokia
post Aug 17 2015, 12:33 PM

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QUOTE(icemanfx @ Aug 17 2015, 11:58 AM)
Property is illiquid, price will take years to bottom.

Market always crash earlier than expected. Is current sentiment on myr forex rate and klci, a flipping point for kv property price trend?
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Stock & Currency crash like laosai, But property still stay strong.

That's why we told you previously, Property is Emperor of all investment & last to crash & first to rise.. thumbup.gif
SUSjolokia
post Aug 17 2015, 07:55 PM

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QUOTE(prody @ Aug 17 2015, 02:33 PM)
All threads closed, drama drama.  biggrin.gif

Anybody knows what is the usual rental yield for commercial property based on current prices?
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Why you wanna rent a commercial property?

You should consider buy a 3 storey shop lot, G & 1st floor rent out then 2nd floor keep for own stays.. lol
SUSjolokia
post Aug 18 2015, 08:42 AM

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QUOTE(icemanfx @ Aug 17 2015, 11:41 PM)
https://forum.lowyat.net/topic/3577720/+120
Property price is not transparent like commodity or stock, asking price is set by vendor at his whim and fancy. In reality, there are many subsale transacted at below valued price. A reason why reputable valuers are currently value property 10% lower than reported transacted price.
If economy is as predictable, there should be more than 10% people have over US$100k net worth.
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Valuer work on behalf of bank surely they been instruct to put a lower value so that bank can secure them self, but that doesn't mean property owner can whack whatver price they like... whistling.gif

100K USD ah ... Sap Sap Shui lah/... don't compare your beggar 10K FD lah ! if i have that i malu to show already.. kekeke tongue.gif
SUSjolokia
post Aug 18 2015, 12:56 PM

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QUOTE(icemanfx @ Aug 18 2015, 11:47 AM)
Provided buyer is ignorance of transacted price.
During price uptrend, it was common for vendor to shout asking price at their whim and fancy as quoted above.

Believe less than 10% of bank customers are qualified for privilege, priority banking. Your sap sap shui is again syok sendiri.
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Trend has always been up either UUU or uuu rclxm9.gif

You don't have priority banking meh ? brows.gif

Oh forgot you Platinum Card also not qualified.. Don't be sad work harder earn more.. smile.gif
SUSjolokia
post Aug 19 2015, 01:24 PM

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QUOTE(icemanfx @ Aug 19 2015, 11:57 AM)
How depreciating MYR impact KV property price?

- Some claimed, building materials cost has increased by 15%, property price to increase by 15% or more.
- KV property price is cheaper in US$, more foreigner to buy.
- Inflation rate going up, property price to rise in tandem.
- BNM to increase bank interest rate to reduce the outflow of cash, higher holding cost mean higher property price.
- Too expensive to buy overseas property, invest all locally.
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Icyboy ! Why so fruss ? You time will come ! Only things is when it come eventually! You regret you ever wish for it.

Cheap price but no income to support you to buy.. kekeke
SUSjolokia
post Aug 19 2015, 06:20 PM

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QUOTE(icemanfx @ Aug 19 2015, 01:46 PM)
Overheard a conversation at my stall just now;

First uncle claimed; his tenant voluntarily asked him to increase the rental before the tenancy agreement is up, and the uncle happily agreed.

Second uncle said; re agent called to increase the offer price by 5k to 10k every other week for his condo. He is now waiting for the offer price to exceed and above 15% of US$ value from a year ago before he let go as he doesn't want to compromise his wife shopping in New York.
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QUOTE(icemanfx @ Aug 19 2015, 02:09 PM)
The sun never set on malaysia property market, price is always on uptrend.
Our ministers said, our economy is resilient, price will continue to uuu.
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rclxms.gif

I see you getting more upset.. Don't lah ! Later you enter depression mode no good.

Seem like property price doesn't even drop a inch despite stock & currency drop like rock.. KV property truely thumbup.gif
SUSjolokia
post Aug 20 2015, 12:26 PM

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icemanfx cool2.gif

http://www.zaobao.com.sg/consumer/property...20150819-516367

http://www.straitstimes.com/business/prope...-malaysia-in-q2

Malaysian sapu Singapore property.. rclxms.gif

This post has been edited by jolokia: Aug 20 2015, 12:29 PM
SUSjolokia
post Aug 21 2015, 08:57 AM

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QUOTE(Jliew168 @ Aug 20 2015, 07:15 PM)
Any fact to support your predictment ? tongue.gif
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http://kingworldnews.com/gerald-celente-ju...into-world-war/

He believe in guy like this laugh.gif
SUSjolokia
post Aug 21 2015, 01:55 PM

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QUOTE(icemanfx @ Aug 21 2015, 12:11 PM)
Property price in every country increase in long term, not unique to Malaysia.

Rental will adjust to incoming supply, expect rental yield to drop with more project vp in the next few years.
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Again is area dependent, some area always shortage some might oversupply, then again those middle eastern & expatriate are filling up the gap create by local, for middle range filled by China & Vietnam Doll while lower end property is fill up by foreign workers.

So what oversupply? ? whistling.gif
SUSjolokia
post Aug 23 2015, 06:55 PM

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QUOTE(icemanfx @ Aug 23 2015, 04:50 PM)
Probably zukoi407 asked bbw to pm us.
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Zuiko more afraid of you stalking his wealth rather than he stalking at you 2, right Eddie wink.gif

Their gain from Property can offset the 1% interest mah ! That's why most Businessman also whack properties, Showtime even go to the extend of setting up company to whack with staff monitoring the rental some more.

Now you know why Property is defying gravity? Because is already go beyond earth gravity, out in space what go up doesn't need to come down...kekeke
SUSjolokia
post Aug 23 2015, 08:30 PM

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QUOTE(icemanfx @ Aug 23 2015, 08:01 PM)
You are insulting zukoi407, he doesn't need gain to offset any interest rate increase and he buys property with cash.

If an object goes beyond earth gravity and without propulsion, the velocity is constant.
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Super Bull Run is like wormhole & there plenty of it the universe.. rclxm9.gif
SUSjolokia
post Aug 24 2015, 01:59 PM

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QUOTE(icemanfx @ Aug 24 2015, 01:53 PM)
Construction costs fall, yet house prices rise

The Cities track continues to look into the probable causes of rising house prices. In continuation from the previous newsletter, we take a look at the relationship between house prices, locations and the main components of construction costs from 2008 to 2014.

The house price index was obtained from the National Property Information Centre (NAPIC), whereas the construction costs (building material cost index, labour cost index and machinery & equipment cost index) were taken from Construction Industry Development Board (CIDB).

For all the charts, construction costs refer to the “Residential” building category. The figures were indexed at 2008 as the base year.

- See more at: http://krinstitute.org/KRI_Maps_-%E2%97%98...h.Og8g6vBD.dpuf
Cities: House Prices by Types and States

Analysis
The primary takeaway from the indicators is that housing prices for Detached and High-Rise units experienced a higher increase compared to Semi-Detached and Terrace properties. The overall growth price from 2000 to 2013 for the housing units: Detached experienced the highest increase, which is 109.9%, followed by High-Rise 107.3%, Semi-Detached 99.1% and Terrace 87%.

On the other hand, all the housing type experienced almost similar Compound Annual Growth (CAGR). The CAGR from 2000 to 2013 for price index by house type, from highest to lowest are Detached 5.44%, High-Rise 5.35%, Semi-Detached 5.04% and the lowest is Terrace with 4.57%.

The state experiencing the highest CAGR across all house types is Sabah, with an average CAGR of 7.56%. Melaka experienced the lowest CAGR with only an average of 2.26%. According to Sabah Housing and Real Estate Developers Association (2014), Sabah’s high growth of house price is the effect of multiple factors, amongst others: price hike in land acquisition and fuel, high logistics cost from the effect of the Cabotage policy, electricity tariff hike, lack of good transportation systems and infrastructures, as well as high development costs.

The highest CAGR recorded is Detached houses in Pahang which is 8.21%, whereas the lowest is achieved by High-Rise houses in Negeri Sembilan with CAGR of 0.21%.

It is interesting to note that besides Sabah and Kuala Lumpur, the other states that experienced high growth of house prices across all property types are Pahang and Terengganu, with an average CAGR of 6.90% and 6.48% respectively.

- See more at: http://krinstitute.org/KRI_Maps_-%E2%97%98...h.GEDvEjho.dpuf
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Extra cost as Donation mah.. tongue.gif
SUSjolokia
post Aug 24 2015, 06:15 PM

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QUOTE(icemanfx @ Aug 24 2015, 02:51 PM)
If stampede is not a herd behaviour, is what then?

Did Malaysia economic fundamental change suddenly? Only herd bahaviour could cause drastic and irrational price change.
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Fundamental still strong, just that perception going wrong direction.. tongue.gif
SUSjolokia
post Aug 24 2015, 10:16 PM

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QUOTE(icemanfx @ Aug 24 2015, 09:55 PM)
When the dust settle on Dow, it will be time for cherry picking.
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When Dust is settled is already Dawn then a long Cold & Shivering Night for you to hold till Morning, if you can even survive thru the Night... kekekeke
SUSjolokia
post Aug 25 2015, 08:50 AM

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QUOTE(icemanfx @ Aug 25 2015, 02:07 AM)
Where we live, dawn is the first light of morning. But I am not too sure about where you come from.
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Hehe.. tongue.gif

Then is when dust settled is a long wait thru the chilling night before dawn rise...if you can survived thru the night. . kekeke

So Icybaby when is the exact timing to invest ? Your Shanghai stock really gao2 burn in hell fire so do your NZ$, seem like all your predictions went opposite including KV properties still not plunge like you expected, infact no sign of it going down at all.. brows.gif
SUSjolokia
post Aug 25 2015, 09:04 AM

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QUOTE(icemanfx @ Aug 25 2015, 08:54 AM)
When the herd give up hope.
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The heard already give up Bukit Beruntung & Lembah Beringin, why don't DDD go & whack there ?? laugh.gif
SUSjolokia
post Aug 25 2015, 01:42 PM

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QUOTE(icemanfx @ Aug 25 2015, 01:39 PM)
In 1997 Asia financial crisis, it was companies that were over geared. However, this time, it is households that is highly geared.

If current stock market sentiment is carried over to banking sector, many individuals will face bankruptcy.
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Market up now leh, Topkek tongue.gif

If market so easily predict by year 1 economy student who re seat 4 times still failed, then even ice cream stall staff become billionaire.. brows.gif
SUSjolokia
post Aug 25 2015, 06:20 PM

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QUOTE(icemanfx @ Aug 25 2015, 01:56 PM)
Why must one become billionaire to consider successful? What about private bank's client or excellent in his respective field?
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Okie Scooping a nice ice cream ball also excellent in their respective fields.. tongue.gif

Successful person is one who you call them boss & same one can tell you "You are fired" now get's out from my company you idiot... rclxm9.gif



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