no matter UUU or DDD, the DDD will mostly be house-less for the coming years. cause it's not like the DDDs have a lot of cash in hand, some of them might not even able to secure a 400-500k housing loan.

According to the latest global wealth report, wealth of adults in kangkong land has deteriorated (in US$) over the year. It seems less than 3% of adults in the kangkong land have over us$100k net worth.

https://www.credit-suisse.com/corporate/en/...lth-report.html

PETALING JAYA (Nov 24): The major issue that has led to the current property overhang levels across the residential and commercial sectors boiled down to a lack of data, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS).

The absence of timely and accurate data has clouded the judgement of the property industry’s stakeholders, it said in a statement today.

For the developers, scarce, inaccurate and not timely data has led to indiscriminate building especially of the high-end and unaffordable houses, said the statement.

“For the local authorities, poor coordination amongst them on data of the development approval within the same neighbourhood resulted in duplication of same developments within the same neighbourhood.

“On the buyers/investors, most of the purchases or investments were done blindly based on herd instinct,” it said.

https://www.edgeprop.my/content/1240724/pep...ack-information

Moody's expects decline in property prices due to supply overhang

KUALA LUMPUR: Moody's Investors Service expects a material decline in property prices in Malaysia in the event of a protracted period of supply overhang as market valuation adjusts.

In its credit outlook issued on Monday, it pointed out that in such a scenario, the quality of housing loans with high loan-to-value (LTV) ratios are most at risk.

“We understand from our rated banks in Malaysia that 20%-30% of mortgages booked each year have LTV ratios of 90% or higher at the time of origination.

“Furthermore, we believe that suspending new property development will not correct the oversupply situation over the next five years, when property projects now in development enter the market,” it said.

Read more at https://www.thestar.com.my/business/busines...J2PzCwoTCSUB.99

Wow! Thats gloomy!

Now most sellees r dumping price on their project.. and we still see market going slow now..

Ayam already made over 9000 profit from buttcoin
Looser poor man fx are busying attacking property bubble. Ayam belip poor man fx can't profit from the buttcoin boom too, he she is forever poor man and looser in life topkek

According to Napic, number of new units sold 6 months after launch is substantially lower than claimed even in 2013 and 2014. Those believe 80% or fully sold out at new launch are literally taking hook, line and sinker in full.

http://napic.jpph.gov.my/portal/web/guest/...=2&fileURI=5104

This post has been edited by icemanfx: Dec 30 2017, 05:16 PM

Property bubble in 2017?!

A number of property foreclosure auction reached 5th round. If current market sentiment persists, more property foreclosure auctions will reach 3rd or even 6th rounds.

This post has been edited by icemanfx: Dec 30 2017, 06:02 PM

Since you are so confident with buttcoin, should double down for more. The more you profits the better for the economy, retail industry in particular.

This post has been edited by icemanfx: Dec 30 2017, 05:59 PM

Ayam didn't need to buy it, Ayam just take it for grant, just like how property work, ayam didn't pay anything, Ayam just take it for grant, dibs, no down payment, voila, it generate a lot of wealth.
Ayam not gonna buy jew advice to double down, bikos jew don't know how to be rich like Ayam.

It seems certain banks have black listed some valuers for reporting unrealistic value. Most of not all reputable valuers are now reluctant to report optimistic value or future price. Mean subsale buyers will need to prepare more cash up front or vendors need to lower their asking price.

This post has been edited by icemanfx: Dec 30 2017, 11:58 PM

What a bold claim. Who gave u the guts to say this lol.

herd mentality lead to a bunch of ppl who think a piece of turd is gold...no matter what other ppl say it's a piece of turd, they will still think it's gold.

Btc appreciated over 1,400% last year and you are proud of rm9,000 profits revealed your wealth level.

Unless you are a client of private bank, calling yourself rich is syok sendiri.

Ayam made the profit, it is not about how much ayam could make, it is about how ayam can prepare myself to an opportunity like this, ayam don’t think Jew have idea how it is the mentality that make the rich richer, Jew are just peasant after all.
Ayam is very confident, property boom is kambing, very near, the poor pipu will be poorer by big margin.

Few people become sustainable rich by being a opportunist.

If you are very confident with kV property boom, you should commit all your resources else you will miss the boat. Don't just brag your prediction, take action.

This post has been edited by icemanfx: Jan 2 2018, 02:36 PM

That is why think peasant are very insecure, they will always miss out the opportunity to be rich. Ayam is very proud to announce Ayam is buying more properties, Ayam know it is kambing. Ayam will become ultra lich and jew will be get super poorer.

2nd day of 2018 d..still waiting bubble to burst so i can buy mont kiara at 400k