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Multiple Signs of Malaysia Property Bubble V20
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TSicemanfx
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 Mar 27 2018, 04:35 PM
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QUOTE(AskarPerang @ Mar 27 2018, 03:18 PM) Another unit sold via lelong today. Won at reserve price. Single bidder. 2-21-27, M-City Ampang 981sf Freehold. New reserve price: π₯π₯RM 656,100π₯π₯ Equal to 670 psf only. Way below launching price. For those looking to buy a few km from klcc. There should be more to come. This post has been edited by icemanfx: Mar 27 2018, 04:36 PM |
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Jliew168
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Mar 27 2018, 05:07 PM
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QUOTE(icemanfx @ Mar 27 2018, 04:35 PM) For those looking to buy a few km from klcc. There should be more to come. Hahaha.. Please check overdue maintenance and balance owe to developer n others charges |
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Ron2828
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Mar 27 2018, 05:09 PM
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Getting Started
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QUOTE(Jliew168 @ Mar 27 2018, 05:07 PM) Hahaha.. Please check overdue maintenance and balance owe to developer n others charges All these expenses will be paid by bank.I bought one auction unit with outstanding 3k maintenance fees but all paid by bank |
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Jliew168
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Mar 27 2018, 05:14 PM
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QUOTE(Ron2828 @ Mar 27 2018, 05:09 PM) All these expenses will be paid by bank.I bought one auction unit with outstanding 3k maintenance fees but all paid by bank Not all same.. Have to refer the proclamation of sale |
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Ron2828
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Mar 27 2018, 05:15 PM
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Getting Started
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QUOTE(Jliew168 @ Mar 27 2018, 05:14 PM) Not all same.. Have to refer the proclamation of sale Oh....i must be very lucky then.haha |
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TSicemanfx
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Mar 27 2018, 08:06 PM
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QUOTE(Jliew168 @ Mar 27 2018, 05:07 PM) Hahaha.. Please check overdue maintenance and balance owe to developer n others charges How much could be outstanding maintenance? Can't be 100k, right? Uuu/BBB is destined to buy overpriced property. |
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TSicemanfx
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Mar 27 2018, 08:40 PM
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QUOTE(SheepGeeks @ Mar 27 2018, 03:24 PM) Yes, mine was like 11~12% of my installment. I have checked with the banker, it's indeed the extra payment you need to make due to BLR increment last month. Btw, it was my 4th installment though, pretty disappoint with it. I should have took up PB's with 2 years interest locked in. QUOTE(jrrsim @ Mar 27 2018, 05:11 PM) what kind of plan is that? mine is close to 30% of installment.. and yet they nv send letter to clarify Bank interest rate rise was 0.25% p.a. As quoted by uuu/BBB; cost like a wonton Mee lunch for a family. This post has been edited by icemanfx: Mar 27 2018, 08:43 PM |
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Jliew168
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Mar 27 2018, 09:34 PM
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QUOTE(icemanfx @ Mar 27 2018, 08:06 PM) How much could be outstanding maintenance? Can't be 100k, right? Uuu/BBB is destined to buy overpriced property. Out of so many thousand units VP since last year only less than few units in good location for auction and that not included call off.. Very obvious odd still on bbbb |
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TSicemanfx
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Mar 27 2018, 10:04 PM
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QUOTE(Jliew168 @ Mar 27 2018, 09:34 PM) Out of so many thousand units VP since last year only less than few units in good location for auction and that not included call off.. Very obvious odd still on bbbb I admire your optimistic, there should be more property investors like you else price continue to downtrend. |
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TOMEI-R
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Mar 27 2018, 10:08 PM
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QUOTE(icemanfx @ Mar 27 2018, 10:04 PM) I admire your optimistic, there should be more property investors like you else price continue to downtrend.  |
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TSicemanfx
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Mar 28 2018, 10:33 AM
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THE property market may recover in 2020 or 2021 when a fresh cycle starts again with a new wave of demand, according to RHB Research Institute property analyst Loong Kok Wen. https://www.nst.com.my/property/2018/03/347...ay-recover-2020Given bank interest rate rising trend, liquidity tightening, number of new supply and foreclosure is lagging behind, property price is likely near bottom in 2021 rather than recovery. |
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thunderbird
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Mar 28 2018, 10:38 AM
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QUOTE(icemanfx @ Mar 27 2018, 04:35 PM) For those looking to buy a few km from klcc. There should be more to come. MahSing qualitty is bad.... |
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TSicemanfx
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Mar 28 2018, 10:40 AM
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QUOTE(thunderbird @ Mar 28 2018, 10:38 AM) MahSing qualitty is bad.... There is a price for almost everything. Poor quality mean one could pay less. |
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thunderbird
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Mar 28 2018, 10:49 AM
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QUOTE(icemanfx @ Mar 28 2018, 10:40 AM) There is a price for almost everything. Poor quality mean one could pay less. Mahsing selling at premium price but didn't deliver on par with the quality. |
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TSicemanfx
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Mar 28 2018, 10:54 AM
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QUOTE(thunderbird @ Mar 28 2018, 10:49 AM) Mahsing selling at premium price but didn't deliver on par with the quality. Those bought on marketing or perception paid a premium. Subsale buyers could afford to pick and bargain. Property market is a zero sum game, one's losses is another's gain. This post has been edited by icemanfx: Mar 28 2018, 10:55 AM |
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thunderbird
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Mar 28 2018, 10:56 AM
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QUOTE(icemanfx @ Mar 28 2018, 10:54 AM) Those bought on marketing or perception paid a premium. Subsale buyers could afford to pick and bargain. Property market is a zero sum game, one's losses is another's gain. kesian those buyers... padan muka.. |
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TSicemanfx
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Mar 28 2018, 12:09 PM
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QUOTE(thunderbird @ Mar 28 2018, 10:56 AM) kesian those buyers... padan muka.. Not all took risks and gain, some would end up losing. |
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TSicemanfx
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Apr 3 2018, 08:36 PM
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TSicemanfx
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Apr 5 2018, 01:01 PM
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QUOTE(AskarPerang @ Apr 5 2018, 12:32 PM) No bidder. Not surprising. C2-23-6, Parklane OUG Service Apartment New reserve price π₯π₯RM 262,00π₯π₯ 950sqft freehold Auction: Mei 18 Cheaper than launch price. This post has been edited by icemanfx: Apr 5 2018, 01:02 PM |
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AskarPerang
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Apr 5 2018, 02:09 PM
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S&P price of Mutiara Ville, Cyberjaya unit bought in year 2014. Units now sold only at below 300k in the lelong market. Not just 1 or 2 units. Handful of units in lelong. Anyone still saying property price sure confirm increase one, just show this example.  |
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