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 Multiple Signs of Malaysia Property Bubble V20

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TSicemanfx
post Sep 27 2018, 03:09 PM

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QUOTE(kurtkob78 @ Sep 27 2018, 10:05 AM)
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.
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Those missing BBB/uuu are probably enjoying life in Tuscany, catalunya, Victoria, British Columbia, Florida, Hokkaido and Provence.
Suarez23
post Sep 27 2018, 04:20 PM

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Just a question to ask you'll opinion, I had a friend ask me this question and I don't know what is the best answer for him. He has 2 condo is KV that already paid off. Rental for this 2 unit total is RM3600. He himself staying in a landed property in KV. His Condo in KV currently bank value at RM410k and the other one is 550K. He wanted to sell this 2 unit and use the cash to buy Eco Santuary Semi D that cost around 1.6-1.8mil. The house that he currently
staying he only owe 330k and he wanted to sell around 1.4-1.5 mil. So he ask me should he sell this 3 property and get a Semi D in Eco sanctuary? I really don't know how to answer him. What i see he has a passive income RM3600 every month, current house he stayed are endlot unit DSL are around 2200SF.
Repayment for this DSL house are below 2k. I really don't know what is the best answer for him. What you guys will do if you're him?
SUSNew Klang
post Sep 27 2018, 05:07 PM

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We need the next Bandar Utama/DPC/Ara Damansara type of township that can create speculative behaviours among investors.

Any of the new township has this attraction?




kevyeoh
post Sep 27 2018, 07:05 PM

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on paper, i lost about 100k value for a landed property... rclxub.gif rclxub.gif rclxub.gif
dunno need to wait how long before can break even, don't even need to talk about earn... i guess this property really need to pass down to my kids already.... hehe....

QUOTE(kurtkob78 @ Sep 27 2018, 10:05 AM)
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.
*
quite an easy answer for me.... because i don't feel like worth staying at semi D....better earn the passive income and enjoice monthly with the mon-neh!

But then again, each person has his own dreams/wish ...i have a friend whose dream is to stay in landed instead of condo, so he save up and finally manage to buy a landed (after selling his condo + top up cash)....
so really depend on your friend, if his/her lifelong dream is to stay at that area and own semi-D....ma go ahead lor...

QUOTE(Suarez23 @ Sep 27 2018, 04:20 PM)
Just a question to ask you'll opinion, I had a friend ask me this question and I don't know what is the best answer for him. He has 2 condo is KV that already paid off. Rental for this 2 unit total is RM3600. He himself staying in a landed property in KV. His Condo in KV currently bank value at RM410k and the other one is 550K. He wanted to sell this 2 unit and use the cash to buy Eco Santuary Semi D that cost around 1.6-1.8mil. The house that he currently
staying he only owe 330k and he wanted to sell around 1.4-1.5 mil. So he ask me should he sell this 3 property and get a Semi D in Eco sanctuary? I really don't know how to answer him. What i see he has a passive income RM3600 every month, current house he stayed are endlot unit DSL are around 2200SF.
Repayment for this DSL house are below 2k. I really don't know what is the best answer for him. What you guys will do if you're him?
*
bearbearwong
post Sep 27 2018, 10:17 PM

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QUOTE(kkk8787 @ Sep 27 2018, 05:58 AM)
Semenyih very bad? Worse than cyber?
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cyber got more hope than simonyet
bearbearwong
post Sep 27 2018, 10:18 PM

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QUOTE(kevyeoh @ Sep 27 2018, 07:05 PM)
on paper, i lost about 100k value for a landed property...  rclxub.gif  rclxub.gif  rclxub.gif
dunno need to wait how long before can break even, don't even need to talk about earn... i guess this property really need to pass down to my kids already.... hehe....
quite an easy answer for me.... because i don't feel like worth staying at semi D....better earn the passive income and enjoice monthly with the mon-neh!

But then again, each person has his own dreams/wish ...i have a friend whose dream is to stay in landed instead of condo, so he save up and finally manage to buy a landed (after selling his condo + top up cash)....
so really depend on your friend, if his/her lifelong dream is to stay at that area and own semi-D....ma go ahead lor...
*
young man.. so early talking about kids ah?
bearbearwong
post Sep 27 2018, 10:19 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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wah mah sing project at rawang or mah sing at kl south a.k.a southville?

both are too far an extreme... most important is the pricing not realistic....

burn a bit is better to make a lost
bearbearwong
post Sep 27 2018, 10:21 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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but got new highway straight to ampang... youngster who dip their head in.. suffers the next 5 years at least of travelling ...

this is what prominent developers and their young and active sales team had make buyers to believe so...

still fresh in my mind back at 2013.. where ppl line up to buy sp projects.... gg.com
bearbearwong
post Sep 27 2018, 10:23 PM

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QUOTE(Ron2828 @ Sep 27 2018, 01:43 PM)
Maybe most of the buyers work in Bangi/Putrajaya/Kajang area....can reach workplace in less than 30 minutes
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come on lar... all flippers/speculators.... all from city center and outstations who dunno nuts about it at all
SUSmemekfalui
post Sep 27 2018, 10:26 PM

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So BBB mode on ??

Goreng until char koaw tiau burn to crisp??

Got lubang for group buy?
scorptim
post Sep 27 2018, 10:28 PM

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QUOTE(Suarez23 @ Sep 27 2018, 04:20 PM)
Just a question to ask you'll opinion, I had a friend ask me this question and I don't know what is the best answer for him. He has 2 condo is KV that already paid off. Rental for this 2 unit total is RM3600. He himself staying in a landed property in KV. His Condo in KV currently bank value at RM410k and the other one is 550K. He wanted to sell this 2 unit and use the cash to buy Eco Santuary Semi D that cost around 1.6-1.8mil. The house that he currently
staying he only owe 330k and he wanted to sell around 1.4-1.5 mil. So he ask me should he sell this 3 property and get a Semi D in Eco sanctuary? I really don't know how to answer him. What i see he has a passive income RM3600 every month, current house he stayed are endlot unit DSL are around 2200SF.
Repayment for this DSL house are below 2k. I really don't know what is the best answer for him. What you guys will do if you're him?
*
Bank value at 410k and 550k but question is, if sell at that price got ppl buy or not? Now is not the best time to sell, since got tenants better just keep renting it out until the market recovers.

Plus eco sanctuary is completely overpriced for something which is in teluk panglima garang. For the same money you can get semi d even bungalow in KV. Why buy eco sanctuary? Trust me if he really like eco sanctuary then better just wait few years for the price to drop. I foresee another bukit beruntung in the making there. Within the next 5 years you probably can get the props there for half the price.
TSicemanfx
post Sep 27 2018, 11:12 PM

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The Federal Reserve raised interest rates a quarter-point Wednesday and officials indicated the central bank is highly likely to hike rates again in December and three more times next year, bucking President Trump’s request to hold off.

https://www.washingtonpost.com/business/201...m=.3628235e032f

How much bnm will follow?

wild_card_my
post Sep 27 2018, 11:13 PM

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QUOTE(icemanfx @ Sep 27 2018, 11:12 PM)
The Federal Reserve raised interest rates a quarter-point Wednesday and officials indicated the central bank is highly likely to hike rates again in December and three more times next year, bucking President Trump’s request to hold off.

https://www.washingtonpost.com/business/201...m=.3628235e032f

How much bnm will follow?
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how closely has BNM followed FR in the past?
TSicemanfx
post Sep 27 2018, 11:28 PM

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QUOTE(wild_card_my @ Sep 27 2018, 11:13 PM)
how closely has BNM followed FR in the past?
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BNM track fed rate subject to MYR exchange rate and market liquidity.

wild_card_my
post Sep 27 2018, 11:36 PM

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QUOTE(icemanfx @ Sep 27 2018, 11:28 PM)
BNM track fed rate subject to MYR exchange rate and market liquidity.
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Perhaps I get the idea on "subject to MYR exchange rate" part, but can you elaborate a little on "market liquidity"? In relation to our OPR to the FR rate that is.

This post has been edited by wild_card_my: Sep 27 2018, 11:36 PM
TSicemanfx
post Sep 27 2018, 11:54 PM

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QUOTE(wild_card_my @ Sep 27 2018, 11:36 PM)
Perhaps I get the idea on "subject to MYR exchange rate" part, but can you elaborate a little on "market liquidity"? In relation to our OPR to the FR rate that is.
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Market liquidity consists M3, amount funds available for banks lending, etc.

joe_mamak
post Sep 28 2018, 12:13 AM

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V20
Page 84

So, has it collapsed yet? laugh.gif
scorptim
post Sep 28 2018, 12:18 AM

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QUOTE(joe_mamak @ Sep 28 2018, 12:13 AM)
V20
Page 84

So, has it collapsed yet?  laugh.gif
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Some locations already *cough* cyberjaya *cough* Let’s see 1-2 year how many more areas impacted. Majority of area already drop by 20-30% from 2 years ago price also.
joe_mamak
post Sep 28 2018, 12:28 AM

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QUOTE(scorptim @ Sep 28 2018, 12:18 AM)
Some locations already *cough* cyberjaya *cough* Let’s see 1-2 year how many more areas impacted. Majority of area already drop by 20-30% from 2 years ago price also.
*
laugh.gif

OK.

Slow decline.
fun_feng
post Sep 28 2018, 12:31 AM

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QUOTE(joe_mamak @ Sep 28 2018, 12:13 AM)
V20
Page 84

So, has it collapsed yet?  laugh.gif
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BN also can lose election..

Never say never

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