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 Multiple Signs of Malaysia Property Bubble V20

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KoChun
post Mar 6 2017, 05:45 PM

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QUOTE(Jliew168 @ Mar 6 2017, 04:18 PM)
U stated predict 3 years ago and now drag another 6years ...omg almost 9 years only good time  biggrin.gif
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Said the same thing to TS few years ago.
Nay sayer always say drop, but .... biggrin.gif hahaha

QUOTE(zerorating @ Mar 6 2017, 04:51 PM)
applying mortgage on 4 four banks, only one responded, i want to cry  sad.gif
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You call ask why fail. Then prove that you can afford to pay.

QUOTE(dzila_87 @ Mar 6 2017, 05:42 PM)
not only you face that. me too
one of it straightly rejected my loan lol  bye.gif
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Youi not qualified. You apply for Pr1ma,

KoChun
post Mar 6 2017, 06:16 PM

On my way
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QUOTE(zerorating @ Mar 6 2017, 06:15 PM)
if only they call me and said hey your application rejected and goodbye, but no, no call/message whatsoever.
oh well  dry.gif
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Banks who process application have lots. So they dont call everyone.
You can call to ask and find out.
Otherwise, best apply for Pr1ma.
KoChun
post Mar 6 2017, 09:58 PM

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QUOTE(zerorating @ Mar 6 2017, 06:23 PM)
using runner for application,malas nak tanya which bank branches he submit the application , but oh well,  im only purchase those property if only bank are willing to take risk lol. I know that the bank nearly reaching their loan-to-deposit ratio limit, so they will not give loan suka2 hati.

so for now, im committed to proceed with the only bank responded lol, hopefully that the loan process goes well, so far so good, dsr ratio is good, ccris records is good
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Congrats

QUOTE(scorptim @ Mar 6 2017, 07:42 PM)
Well, I'd say you can't follow US or UK simply because people's mentality are different, you must look at Asian countries for a better indicator or better still look at past trends in Malaysia itself. The last time there was a down trend in property prices was back in 2009 during the economy crisis. But this lasted only for 2 years then properties started shooting up.

This time around should be the same. The downtrend maxxxxx lah, until early 2020 but I predict by early or mid 2019 it should already end and go upwards. The downward price trend started somewhere end of last year.
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The image bluff one.

QUOTE(scorptim @ Mar 6 2017, 08:28 PM)
Now oledi banyak ppl sell 10% below market price la. They dun say less, they use the term rebate. So many 500k condo rebate 50k...summore can use the rebate for dp. End of day loan 450k only...means already happening la. But they dun make it obvious onli. Wait a while more 20%, 30% also will come la.
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how do u determine they seller at discount?
KoChun
post Mar 6 2017, 10:10 PM

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QUOTE(scorptim @ Mar 6 2017, 10:04 PM)
Maybe also but then again some ppl can approve so I'm thinking more likely it's the dsr/income factor
Initial launching price higher than price after rebate that they offering recently. So for me I consider it as discount.
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Agreed. How do you track the launch price?
KoChun
post Mar 6 2017, 10:19 PM

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QUOTE(scorptim @ Mar 6 2017, 10:18 PM)
I didn't reli track la. Just the few that I saw before, the sales agent approach me early last year when launch, price was around 500k,  no rebate, last month still not fully sold they still put same price but got rebate. Got another one, last year April 530k, now giving 50k rebate oso...

Unless jew remember reli hard to track, kenot belip what the agents say what. Haha
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OIC, thanks for sharing.
KoChun
post Mar 6 2017, 10:44 PM

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QUOTE(kurtkob78 @ Mar 6 2017, 09:37 PM)
next year more fun.

strata owner not paying maintenance will get their units auction off. o yeahhhhhhhhhhh hahahahahahahahahhaaaaa ahahaa ha ha ha
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Got tip how to find such properties?

QUOTE(NGFN @ Mar 6 2017, 10:08 PM)
there are more sign that the world is going to end soon. these property bubble sign is useless
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Yep, but some k/ tard buthurt still driving this tered, yelling end of the world.
KoChun
post Mar 7 2017, 03:27 PM

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QUOTE(dzila_87 @ Mar 7 2017, 10:10 AM)
Apply for Pr1ma, you can't buy house?
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Apply Pr1ma, can buy affordable house

 

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