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 Multiple Signs of Malaysia Property Bubble V20

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bearbearwong
post Feb 11 2018, 11:07 PM

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QUOTE(party @ Feb 11 2018, 10:48 PM)
then tats just normal. nothing related to property bubble burst. i do suggest u to look at 2007 US property burst. Tat is what we call BURST when one day u go to sleep next day the news are all over it. lehman employees just go to work to realize their company just went bankrupt.
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what make u think we are better than US? our system? our people? you and me? our resources?

we got many vss also ...

our income does not commensurate with daily expenses even we take out the property factor....
bearbearwong
post Feb 11 2018, 11:10 PM

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QUOTE(Jliew168 @ Feb 11 2018, 11:06 PM)
Mine is fully furnish unit n klcc view.. I stick to my price n never lower than that.. If tenant no budget he can get something cheaper.. Most of my friend there rent out at range 2.3 - 2.7k

Almost half year already lo

Keyword is get a reliable agent and your unit must up to the value.

Tenant no budget geh I would not entertain as I scare he cannot pay rental on time
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klcc view from midfields? really boh?

i still really think the price is abit high esp 2.5 k onwards.... too many options around...

but i tumpang u happy to have such tenant... really a good bargain at this challenging enviroment
bearbearwong
post Feb 11 2018, 11:10 PM

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QUOTE(icemanfx @ Feb 11 2018, 11:09 PM)
Subprime crisis in the u.s in 2006 was a economic depression.

guess you have never experience a economic recession or foreclosure proceeding. you will realize one doesn't has to go through a economic depression to suffer financial devastation.
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ya lor.. that y gov intervene by building prima maa...
bearbearwong
post Feb 11 2018, 11:26 PM

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QUOTE(Jliew168 @ Feb 11 2018, 11:19 PM)
Rental is ok but honestly price did not increase as what I expected.. Still value buy there but I don't like car park separated from unit so I just give a miss for subsale unit..

Some unit rent out cheap due to obstructed view n facing car park
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cny u mana? JB? come open house at JB... chit chat maybe got business
bearbearwong
post Feb 20 2018, 06:59 AM

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QUOTE(xtylish @ Feb 17 2018, 01:46 AM)
Any advice for first time buyer? Working in sg. Not going to stay inside. Best if can rent out.
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Auction properties
bearbearwong
post Feb 23 2018, 12:34 PM

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QUOTE(kevyeoh @ Feb 21 2018, 04:47 PM)
I guess you will know when you find one...

I was looking around for a long time and finally I saw a unit that I immediately fell in love and made decision in less than 24 hours to buy ...

Follow your heart...  smile.gif
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Ah yeoh gor..
bearbearwong
post Sep 2 2018, 03:53 AM

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QUOTE(kevyeoh @ Sep 1 2018, 04:17 PM)
It is already down ... 10% down at minimum..
For landed you think it won't drop a lot?
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Finally RE agents agree and confirms the drops.. our lelong units gone for 5 times with no bidders
bearbearwong
post Sep 2 2018, 03:59 AM

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QUOTE(party @ Aug 19 2018, 01:05 PM)
While there are some auctions here n there. I am still waiting bubble burst.3 years after joining this forum
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Studio not hit hard? Own stay?
bearbearwong
post Sep 3 2018, 10:05 PM

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QUOTE(New Klang @ Sep 2 2018, 09:10 AM)
Has landed freehold DSL in PJ collapse yet? I have ready cash to hoot.
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landed at setapak 2 story has.. but previoulsy is tokong usage.. below 400k

pj area certain areas are millions above.. but bunglow.. auction
bearbearwong
post Sep 3 2018, 10:06 PM

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QUOTE(New Klang @ Sep 2 2018, 11:22 AM)
Just like you, after selling my properties and sitting on a pile of cash, I am waiting for prices to fall.

Unlike you, I target PJ and not cyberjaya
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budget u berapa? auction may need to pay cash... u old man? if old cannot loan di
bearbearwong
post Sep 19 2018, 02:33 AM

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QUOTE(icemanfx @ Sep 17 2018, 11:27 AM)
Only if you realize how much certain stocks have risen since 2012. Hints fb.
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few years ago.. we started speculating about the property bubble would struck... and we never lose hope and our belief after seeing all factors that come forward and today what we believe happen..despite so many were against us.. trust yourself

this would be the sweetest moment of life.... where truth arise and those whom uttered those comments in d past now were and are as silence as grace.. the government finally comes to change when ppl says no..

keep fighting ... but never forget to grab the chance... buy one yourself .. that will be sweet too..

jolokia
bearbearwong
post Sep 19 2018, 05:13 PM

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QUOTE(icemanfx @ Sep 19 2018, 01:54 PM)
May be you should invite them here to share their success story.
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got success sure got failure.. but remember to bag a good unit for yourself.. can find us lim kopi
bearbearwong
post Sep 20 2018, 11:51 PM

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QUOTE(kevyeoh @ Sep 19 2018, 09:20 PM)
Do you agree that those who buy back in 2012 or 2013 or even 2014... most likely they are still earning a profit by selling off the property at s lower price than last year?

Assuming back then rm250k ... then peak at 550k.. now so called drop 80k become 470k...

So will you buy now if price drops to 470k or you think it will further drop to 300k?

I am quoting real life case here...  if you buy back then ... and hold till now... even with drop in price... it is still quite a decent profit ... there are still transactions and still got buy/sell activities... I don't even see the price drop even 20% at those hot locations...
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those may be benefited... but 2013 onward purchase are all half hanging.. those 2014 (Sp setia simonyet, Mah xing at Southville), 2015, 2016, 2017, 2018

i dont foresee it will drop to 300k if it does, that is not drop, that is CRASH

the purchase 2014 onward are youngster targeted and all failed
bearbearwong
post Sep 20 2018, 11:51 PM

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QUOTE(kevyeoh @ Sep 19 2018, 09:20 PM)
Do you agree that those who buy back in 2012 or 2013 or even 2014... most likely they are still earning a profit by selling off the property at s lower price than last year?

Assuming back then rm250k ... then peak at 550k.. now so called drop 80k become 470k...

So will you buy now if price drops to 470k or you think it will further drop to 300k?

I am quoting real life case here...  if you buy back then ... and hold till now... even with drop in price... it is still quite a decent profit ... there are still transactions and still got buy/sell activities... I don't even see the price drop even 20% at those hot locations...
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those may be benefited... but 2013 onward purchase are all half hanging.. those 2014 (Sp setia simonyet, Mah xing at Southville), 2015, 2016, 2017, 2018

i dont foresee it will drop to 300k if it does, that is not drop, that is CRASH

the purchase 2014 onward are youngster targeted and all failed.. most important i joined Jun 2013
bearbearwong
post Sep 27 2018, 01:14 AM

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QUOTE(icemanfx @ Sep 21 2018, 01:24 PM)
Bukit tunku, bukit Damansara.
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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..
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sp and eco world simonyet/southern region also cry till no tears
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...
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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

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