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 Multiple Signs of Malaysia Property Bubble V20

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SUSNew Klang
post Sep 21 2018, 01:33 PM

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QUOTE(icemanfx @ Sep 21 2018, 01:24 PM)
Bukit tunku, bukit Damansara.
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Any cheap properties in Bukit?


Why are you so active in Cyberjaya?
koja6049
post Sep 21 2018, 01:34 PM

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QUOTE(icemanfx @ Sep 21 2018, 10:21 AM)
Although almost everyone in r.e advocate "location, location, location" but  few could agree where are these preferred "location, location, location".
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don't need to agree, as the property value will speak for itself.

World trends:

1. close to amenities, like MRT, malls, financial centres, any services to make life easier
2. close to education centres, like universities, colleges, international schools. Rich student's parents can rent or even buy for their kids.
3. close to industrial areas, prefably high tech industries. High tech workers can afford high rents or even buy at high prices.
4. Close to touristy areas, like beaches, mountains, etc. Airbnb is inflating property prices, and some property is snapped by by foreigners as second homes.
galkelly
post Sep 21 2018, 01:37 PM

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mahsing rawang .. cry also no tears..
wild_card_my
post Sep 21 2018, 02:28 PM

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QUOTE(koja6049 @ Sep 21 2018, 01:34 PM)
don't need to agree, as the property value will speak for itself.

World trends:

1. close to amenities, like MRT, malls, financial centres, any services to make life easier
2. close to education centres, like universities, colleges, international schools. Rich student's parents can rent or even buy for their kids.
3. close to industrial areas, prefably high tech industries. High tech workers can afford high rents or even buy at high prices.
4. Close to touristy areas, like beaches, mountains, etc. Airbnb is inflating property prices, and some property is snapped by by foreigners as second homes.
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you are talking about "nodes". These are known, but there are arguments about which nodes are important. Otherwise people can blindly follow these nodes and make a bank, alas the downtrun has shown that the nodes are just one piece of the puzzle.

"Location x3" is just a mantra. Area study has still to be made.
koja6049
post Sep 21 2018, 04:52 PM

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QUOTE(wild_card_my @ Sep 21 2018, 02:28 PM)
you are talking about  "nodes". These are known, but there are arguments about which nodes are important. Otherwise people can blindly follow these nodes and make a bank, alas the downtrun has shown that the nodes are just one piece of the puzzle.

"Location x3" is just a mantra. Area study has still to be made.
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Don't think there's anything to argue, the property price that has been transacted itself is the best argument. The nodes you mention are all the features that make up the property value.

Which node is or is not important changes with the circumstances, it's very hard to predict. Actually, I would just call it the expectation price. Is it over expectations? Or under-expectations? For example, Seremban 2 property has been hot for these years due to the expectation of the HSR, but now that the project is left hanging, is the price overvalued or undervalued? Can the price sustain down the years is anyone's guess.
TSicemanfx
post Sep 25 2018, 02:07 AM

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QUOTE(AskarPerang @ Sep 21 2018, 10:53 AM)
Transacted at 1.655M in 2016.

user posted image
Now you can get at 1.1M in lelong today:

9, Jalan Opus 4, Opus Residence, Perdana Lake View East
Reserve price: 🔥🔥RM 1,102,400🔥🔥
Freehold
Land area: 3520 sqft
Auction : 26-Sep-2018 (Wed)

Actual pics:

user posted image
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TSicemanfx
post Sep 26 2018, 06:11 PM

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As a result of the supply-demand mismatch, BNM said the level of total unsold residential properties in Malaysia stood at a decade-high of 146,497 units as at the second quarter of 2017, an increase from 130,690 units in the preceding quarter.

Data on unsold units in subsequent quarters was not included in the latest release.

https://www.malaymail.com/s/1676539/bnm-pro...-for-home-units

Until overhang is reduced to sustainable number, price to continue on downtrend.

bearbearwong
post Sep 27 2018, 01:14 AM

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QUOTE(icemanfx @ Sep 21 2018, 01:24 PM)
Bukit tunku, bukit Damansara.
*
Manutdgiggs told u
bearbearwong
post Sep 27 2018, 01:15 AM

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QUOTE(galkelly @ Sep 21 2018, 01:37 PM)
mahsing rawang .. cry also no tears..
*
sp and eco world simonyet/southern region also cry till no tears
ManutdGiggs
post Sep 27 2018, 05:28 AM

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QUOTE(bearbearwong @ Sep 27 2018, 01:14 AM)
Manutdgiggs told u
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Where is 500???
kkk8787
post Sep 27 2018, 05:58 AM

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QUOTE(bearbearwong @ Sep 27 2018, 01:15 AM)
sp and eco world simonyet/southern region also cry till no tears
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Semenyih very bad? Worse than cyber?
kurtkob78
post Sep 27 2018, 10:05 AM

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All threads before this anticipate this to happen. Now its happening.

All bbb uuu s that were active before this went missing.

Its Hard to service loan and seeing price of props dropping.
Ron2828
post Sep 27 2018, 12:13 PM

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https://www.google.com.my/amp/s/m.scmp.com/...il-more%3famp=1

HK raise rates for the first time in 12 years.Market meltdown incoming
TSicemanfx
post Sep 27 2018, 12:15 PM

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QUOTE(Ron2828 @ Sep 27 2018, 12:13 PM)
https://www.google.com.my/amp/s/m.scmp.com/...il-more%3famp=1

HK raise rates for the first time in 12 years.Market meltdown incoming
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uuu/bbb used to say; rate rise is marginal, is like only the cost of one family wanton mee/dimsum lunch only.

galkelly
post Sep 27 2018, 12:23 PM

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QUOTE(kkk8787 @ Sep 27 2018, 05:58 AM)
Semenyih very bad? Worse than cyber?
*
really bad... want to run wit 5% profit also cannot... cry no tears...
maybe need to lose some only can let go ... diu nia sing..
never ever touch MS project ...
TOMEI-R
post Sep 27 2018, 12:33 PM

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QUOTE(galkelly @ Sep 27 2018, 12:23 PM)
really bad... want to run wit 5% profit also cannot... cry no tears...
maybe need to lose some only can let go ... diu nia sing..
never ever touch MS project ...
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Isn't Semenyih supposed to be a cemetery. No wonder cry also no tears. laugh.gif

Jokes aside, why lar anyone from KV would choose to invest or even stay there? Travelling time alone and costs of traversing will sure offset the cost you save from staying there to coming down to KL for work. Not to mention, the effort and sacrifices you need to make like getting up early in the morning, jam, etc.

This post has been edited by TOMEI-R: Sep 27 2018, 12:34 PM
Ron2828
post Sep 27 2018, 01:41 PM

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QUOTE(icemanfx @ Sep 27 2018, 12:15 PM)
uuu/bbb used to say; rate rise is marginal, is like only the cost of one family wanton mee/dimsum lunch only.
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Really?if their loan amount is 500k,an increase of 0.25% in bank rate is already RM1250.enough to eat wantan mee for one whole year

Imagine if we raise 3 times in a year like in US....

Ron2828
post Sep 27 2018, 01:43 PM

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QUOTE(TOMEI-R @ Sep 27 2018, 12:33 PM)
Isn't Semenyih supposed to be a cemetery. No wonder cry also no tears.  laugh.gif

Jokes aside, why lar anyone from KV would choose to invest or even stay there? Travelling time alone and costs of traversing will sure offset the cost you save from staying there to coming down to KL for work. Not to mention, the effort and sacrifices you need to make like getting up early in the morning, jam, etc.
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Maybe most of the buyers work in Bangi/Putrajaya/Kajang area....can reach workplace in less than 30 minutes

TSicemanfx
post Sep 27 2018, 02:00 PM

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QUOTE(Ron2828 @ Sep 27 2018, 01:41 PM)
Really?if their loan amount is 500k,an increase of 0.25% in bank rate is already RM1250.enough to eat wantan mee for one whole year

Imagine if we raise 3 times in a year like in US....
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RM1250 p.a is like RM105 per month.
wild_card_my
post Sep 27 2018, 02:04 PM

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btw, any idea "how" the property prices would bounce back?

Other than supply and demand that is.. perhaps elaborate? Maybe a boom in the younger workforce? better economies? Are we facing this down trend for decades?

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