THIS IS VERY WRONG.

Lets look at the few auctions in Garden Residence. Im very sure the owners qualified with good profile and can afford the installment, hence a RM1.5-2mil loan (not 250k soxo loan). How can your argument hold water for these auctions?

Banks look at profile & restrict several locations like iskandar & cyberjaya. Even tiger bank, CiNB n many foreign bank credit not keen on cyber

be careful what u post here.

some fellow butthurt go report & Mod closed the thread.

Now I open back. Post with care

Thanks

i think i will just stay off from here. u should rename it cyberjaya fan club v5.

From a public forum to argument

Market is bad even an apartment (less than 500k ) in Bandar Kinrara also no buyer since October last year.

I suspect those kpkc's are investors outside of cbj, enough said.

when property in tough time, many ppl comment bank refuse to lend money...

in fact bank keep looking for good profile borrower....they even offer cash loan, upgrade credit card limit....those offer are without collateral like property...why bank afraid about cyber? they may cautious in value the property but location is definitely not a prob.

To bank, as long as ur profile is good, they are happily to lend money. Are u sure this year cyber got no loan subsales ? proof me wrong.

This means they simply cant afford to pay the instalment, bank make a wrong evaluation on the buyer profile, anything to do with location ?

if u say cyber is wrong investment so the buyer drop it, then after auction u think he can cuci tangan ? don't need to pay the gap ?

According to napic; currently total number of service apartment and condo in sepang district is about 8,500 units, over 7,000 units will be completed and less than 120 units were transacted in 3Q/2015.

Don't know where the heck u get the statistics.. What I know is, 606 units apart/condo launched Q1 2015 in sepang with the price of 500 001 - 1 000 000, and 402 units of apart/condo transacted within 9mths in sepang.. Which is 66.3% transacted in sepang.. Q2 and Q3 no new launching in sepang according to statistics.. What u probably bark is about the subsales transacted in sepang.. Use ur wise mind think why so few apart/condo subsales transacted in sepang then

Petaling have completed 149772 units apart/condo and 1311 units was transacted 3Q15 =0.8%.. So what u wanna tell?

Sepang have completed 8237 units apart/condo and 105 units was transacted in 3Q15 =1.2%.. So what u wanna tell again from here?

I think petaling need to be more worried.. Because incoming supply are 60k in total..
While sepang incoming supply is 19k in total

As you know, people are enough of congested area in petaling, and they r tend to move away from congested area... So don't feel threaten by the rising cbj..

|| Who let the proof, wroof, wroof out??
\/

This post has been edited by Cabinda: Feb 29 2016, 03:50 AM

sigh still havent learn the lesson. still wanna fight die defend invesment (cant blame them for that but please do it more intelligently and more courteously right).

ppl say 1+1=2. they say proof proof proof.

sound so much like dear leader. allegation made, the reply is prove it prove it prove it. sigh the influence show so much on some of my countrymen

This post has been edited by HarpArtist: Feb 29 2016, 01:11 AM

http://napic.jpph.gov.my/portal

Either cbj population will need to double in next 4 years or there will be many vacant units.

This post has been edited by icemanfx: Feb 29 2016, 01:37 AM

Icy uncle... I no go school one leh.. And I still know which site am I refer to.. You school so high, talking good England but u don't know which site u refer ah? Try to read whole page leh, not the number... Numbers like 1+1=2 will lead you nowhere leh... Shy leh like this.. How come my countryman standard drop so low..

My teacher taught me 1+1=2, may be you like to prove it is wrong.



This post has been edited by icemanfx: Feb 29 2016, 02:04 AM

sometimes when ppl talk without sense...they thought they are talking 1+1=2 in fact it is a 1-1=0, nothing and no sense.

I have many banker fren hungry for sales....as long as u have good profile, u buy shit location they also borrow u. As long as u can pay the instalment, who cares what location u buy?

if bank care about location, then why bank do car loan? some luxury car cost few hundred K and it is guaranteed depreciated. again, I talk with common sense.

This post has been edited by Zres: Feb 29 2016, 01:55 AM

Banks do give directive and guideline from time to time on certain segments they want to avoid or take lesser risk i.e low margin of finance. Location of the property aka collateral is definitely one of the thing they want to be selective especially if it is a perceived high risk area or high default rate area.

Unless buyers profile is different, speed and number of foreclosure at mirage by the lake could be a lead indicator on what to come for soon to be vp cbj projects.

This post has been edited by icemanfx: Feb 29 2016, 04:16 AM

i fail to see any sense at all in what you say. car and house is totally different thing. apple and orange. one max 9 years the other 35 years. different interest rate charged. different terms. do you even know anything about loans?

your friend is banker not approval committee. bankers make money selling loans not collecting loan interest. once again i have no idea where you were taught "sense".

This post has been edited by HarpArtist: Feb 29 2016, 06:20 AM

i wonder why its so hard for them to accept what we say about bank loans.

have they heard about O&G industry also subject to loan tightening? need any "proof" for that?

a bank recently just came under fire when a memo to the effect was leaked. that is the reason nobody can simply post proof of directive from the banks. yet it doesnt make it untrue. sigh