Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Multiple Signs of Malaysia Property Bubble V20

views
     
kevyeoh
post Sep 21 2018, 06:52 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


That is the problem... remember key word for property is location ... location ... location .... can't help it if someone go and buy a property at a lousy location... so statistic... imho... even if you want to use it... should just be one of the factors to consider only ...

QUOTE(wild_card_my @ Sep 20 2018, 12:16 PM)
Arguments should be made with statistics, not isolated cases. You can cherry pick any "real-life cases" out there.
*
Yep... agree that recent purchase all will suffer drop in prices.. so hopefully those are not flippers and able to hold for long term ... smile.gif

QUOTE(bearbearwong @ Sep 20 2018, 11:51 PM)
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
*
kevyeoh
post Sep 27 2018, 07:05 PM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


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?
*
kevyeoh
post Sep 28 2018, 12:45 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


Of course on... just sapu 1 unit at discounted price .... smile.gif

QUOTE(memekfalui @ Sep 27 2018, 10:26 PM)
So BBB mode on ??

Goreng until char koaw tiau burn to crisp??

Got lubang for group buy?
*
kevyeoh
post Nov 22 2018, 11:50 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


buy for stay won't have such issue...
smile.gif

QUOTE(icemanfx @ Nov 22 2018, 12:13 AM)
Leverage amplified profits as well as losses.
*
kevyeoh
post Dec 4 2018, 09:35 PM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


Icemanfx... so when is the time to buy? Still wait? Lelong price already drop so much ...

QUOTE(icemanfx @ Dec 4 2018, 02:37 PM)

*
kevyeoh
post Dec 4 2018, 10:10 PM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


Means when? Example on the lelong price... when go down to rm200k? Rm100k? 50k?

QUOTE(icemanfx @ Dec 4 2018, 09:55 PM)
When blood is knee deep on the floor.
*
kevyeoh
post Dec 5 2018, 12:46 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


exactly... he pusing for many years already...

QUOTE(Jliew168 @ Dec 4 2018, 11:01 PM)
Why not just give a straightforward answer... Ini banyak pusing
*
kevyeoh
post Dec 8 2018, 01:11 PM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


because his paper no conclusion yet... it takes years to bottom...so until it really bottom...his paper still cannot close... thumbup.gif

QUOTE(wongsinyee @ Dec 7 2018, 05:22 PM)
How long is your research paper? I see you open such topics since 2014, now is the end of 2018. Shouldn't the research be finished by now?
*
QUOTE(icemanfx @ Dec 7 2018, 08:31 PM)
Got an extension for my study.
*
kevyeoh
post Jan 21 2019, 01:13 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


For 3rd property and above... sure get 70% loan only right?

QUOTE(ed1torz @ Jan 17 2019, 08:49 AM)
when banks stop lending, its a sign that avg. median income cannot cope with the % ltv

I just secure a loan and it can only approve with 70% regardless if im going to show them my bond, my fd, my stocks etc...

of course 90% is possible but subjective to bank risk because property for them, is like, over valued for now 70% because, to include lelong % ahahha
*
kevyeoh
post Jan 25 2019, 04:22 PM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


just following up....has the bubble burst? how to know and confirm when bubble burst? one of my friend commented Johor side, the iskandar property bubble already burst... so i just wonder what's the criteria to confirm bubble burst... iceman...you the expert here on this right? smile.gif
kevyeoh
post Jan 28 2019, 05:36 PM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


Trying to understand from Iceman how to define and confirm bubble burst... and when is the right time to buy if it take years to bottom....

QUOTE(Angelic Layer @ Jan 26 2019, 02:50 AM)
Just a few post above you you see 630k property auction for 318k also no demand, do you think this is normal if not burst?
People like to lose money or only you see people jump from building and hang themselves to be counted as bubble burst?
*
kevyeoh
post Jan 28 2019, 09:27 PM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


From icemanfx... yes... I won't get any answer except the usual copy and paste robot answer...

QUOTE(scorptim @ Jan 28 2019, 08:39 PM)
You won’t get s straight answer
And when exactly is that? Your answer like no answer. What is the bottom? 30% below current market price, 50%, 70%?

Make a call man!
*
Thanks... compared to long time ago when I bought my property.. I think the interest rate has been dropping or it is definitely lower now compared to many years ago ... so we are not even in the phase where there is limited cashflow in market now? Thanks for sharing your inputs btw...

QUOTE(Angelic Layer @ Jan 28 2019, 08:41 PM)
For me I would look at interbank rate, if interbank lending rose, means that there is no money in the market, like in stock trying to play bottom is like catching a falling knife.
I would look to buy at the first rise at the trough, say, I would buy when interest rate falls, the ones in the business should know.

Don't trust the Edge, they have vested interest in the property industry, if you follow their analyst recommendation you will die.

I don't want too much blood either, property price in KL slump for many years since May 13th for example and I don't want our country to become the next Venezuela.
*
kevyeoh
post Jan 29 2019, 07:28 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


Wasn't monitoring the rates but now I am clear you are defining the range as past 10 years... if you read the article ... back in 1997... all time high of 14.50... so even though 2009 is 2.03% and currently is about 3.65% .. it is still no where near the 14.5% rate...

Malaysia Three Month Interbank Rate was quoted at 3.65 percent on Friday January 25. Interbank Rate in Malaysia averaged 4.06 percent from 1993 until 2019, reaching an all time high of 14.50 percent in July of 1997 and a record low of 2.03 percent in February of 2009.

QUOTE(Angelic Layer @ Jan 28 2019, 09:42 PM)
I don't know where you get your info, but your interbank rate is almost at the highest in the past 10 years.
https://tradingeconomics.com/malaysia/interbank-rate

And a page back here, they mentioned banks raised mortgage rate too.
*
kevyeoh
post Jun 27 2019, 08:19 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


Don't think so...

QUOTE(avinlim @ Jun 21 2019, 03:33 PM)
Will it be a problem if make a transfer making a chaque around RM70k to lawyer firm for house deposit?

I mean will it trigger BNM or sth for such fund transfer...
*
Cyberjaya?

QUOTE(wild_card_my @ Jun 21 2019, 03:46 PM)
I can smell blood. And if I continue to talk about properties in this certain city, I may end up dead before the end of the year.
*
kevyeoh
post Aug 4 2019, 10:54 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


Iceman still not yet buy? When you wanna bbb?

QUOTE(Jliew168 @ Jul 21 2019, 03:57 PM)
So now u say is bbbb la
*
QUOTE(icemanfx @ Jul 21 2019, 04:14 PM)
Property overhang is still widening, price downtrend to continue.
*
kevyeoh
post Aug 6 2019, 07:37 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


While i agree there will be up and down and also bubble... but if follow iceman like that... forever no need to buy property during up or down time also ... unless i missed out recently iceman got recommend to buy!

QUOTE(Jliew168 @ Aug 5 2019, 03:09 PM)
I scare need to wait another 10years

bearbearwong also dissapear in lowyat liao
*
kevyeoh
post Aug 11 2019, 11:08 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


Maybe buyer pay cash?

QUOTE(kurtkob78 @ Aug 8 2019, 10:48 PM)
lulus senang. tapi disburse boleh ka kurang sbulan?
*
kevyeoh
post Oct 25 2019, 12:25 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


i think you're not from Penang... unpossible if you are from Penang island at the very least... or you are trolling here (if you're indeed from Penang)... hmmm ...

QUOTE(KingArthurVI @ Oct 19 2019, 01:01 PM)
Hi guys how is Penang property market looking right now? I'm thinking of getting a landed unit around 550-600k around Tanjong Bungah / Tanjong Tokong area excluding renovation costs, is that feasible?
*
kevyeoh
post Feb 2 2020, 11:13 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


Lower the rental also cannot? If got good rental deal... i am sure tenant will consider...if landlord insist wanna rent at high price or so called "market" rate then i have no further comment...

QUOTE(jason83 @ Jan 29 2020, 06:55 PM)
I think the market is gonna get worse this year. I have many friends who not only have difficulties selling their units, rent also cannot. Especially those which are above 400k.
*
kevyeoh
post Feb 13 2020, 08:22 AM

Look at all my stars!!
*******
Senior Member
4,720 posts

Joined: Jan 2003


Can't really say low balling when eventually all comes back to supply demand.... if demand low and supply high... takkan still wanna insist high price?

QUOTE(Mondello @ Feb 7 2020, 02:23 PM)
if the unit still got alot enquiry means its not doing bad la

unlike some owners, even engage with multiples agent cant even get a tenant, end up low-balling the rental
*

3 Pages < 1 2 3 >Top
 

Change to:
| Lo-Fi Version
0.1558sec    0.52    7 queries    GZIP Disabled
Time is now: 14th December 2025 - 02:50 PM