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 Multiple Signs of Malaysia Property Bubble V20

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Red_rustyjelly
post Jun 19 2017, 05:59 PM

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please bubble, i want to see all BBB and UUU unite.
Red_rustyjelly
post Jul 1 2017, 11:56 AM

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my wife just bought a property from a flipper, market price 465k, he is selling for 395k, want 20% deposit cash.

Want to press lower, but he just dont want biggrin.gif

This post has been edited by Red_rustyjelly: Jul 1 2017, 11:57 AM
Red_rustyjelly
post Jul 1 2017, 12:16 PM

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QUOTE(cocbum4 @ Jul 1 2017, 12:11 PM)
Pm location Ayam has too much cash now looking for gooding deal.
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the flipper is her friend rclxs0.gif who works in Property line.
All good location, Mont kiara, damansara, denai alam also got.

she was forced to sell because 4 of her other property repayment is overdue.
So she let go one early to do get cash for repayment for her other 4 property.

Red_rustyjelly
post Jul 9 2017, 12:08 PM

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QUOTE(scorptim @ Jul 9 2017, 12:02 PM)
... the excess properties around are unsold due to their prices again not because people can't afford to buy the properties but rather people not willing to pay for the current prices.
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Top KEK. LOL
Red_rustyjelly
post Jul 10 2017, 11:40 AM

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BBB UUU spoted icon_idea.gif
Red_rustyjelly
post Jul 10 2017, 02:15 PM

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The news/media won't even report even if there is a bubble or crisis. Put it in mind that these news are usually manipulated by people who have $$ so that people won't fear if there is a crisis, and still continue to buy.

By looking with your own eyes, if you slowly survey there are many projects giving heaps of discounts AKA promotion and usually on par with market value or under value, to sell fast.

I am buying these whenever I find one. Don't care whether the news said bubble or not, because they won't say it at all. After all, price falls under market value is always better than those selling at future price.

This post has been edited by Red_rustyjelly: Jul 10 2017, 02:16 PM
Red_rustyjelly
post Jul 10 2017, 04:29 PM

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QUOTE(cocbum4 @ Jul 10 2017, 04:27 PM)
Ayam is expecting the current rise in tax/interest rate will only drive the lich elite 4% to put all their moneh into property as it is the best decision they can do to protect their moneh. Ayam do not care about what the sexpert say about the thing is very bad now, bikos they know nothing about it. No QE or no easy credit is not a big deal, pipu today is far more wealthier than the last decade by a whole new level.
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but pipu todeh is very blind to media. yawn.gif
Red_rustyjelly
post Nov 22 2018, 12:28 AM

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QUOTE(s@ni @ Nov 22 2018, 12:21 AM)
Aihhhh.. developers think everyone is rich to buy unit more than rm500k..
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RumahWIP is killing them all.
Many BBB UUU will say those RumahWIP are shit place with low quality.

Depending linked with who, my friend got a nice rumahwip with middle class neighbour, same like serviced condo concept, gym swimming pool etc. true story

This post has been edited by Red_rustyjelly: Nov 22 2018, 12:29 AM
Red_rustyjelly
post Jul 6 2019, 02:47 PM

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QUOTE(scorptim @ Jul 6 2019, 02:39 PM)
Before 2010 you would’ve been correct but 2011 to 2015 a lot of sohais got duped by so called property gurus into stretching out their finances to buy multiple props under the assumption that rental can cover the monthly installments. That’s why got so many lelong nowadays.
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shopping for sales later this year or next year icon_rolleyes.gif good for us "commoner"
Red_rustyjelly
post Jul 6 2019, 03:40 PM

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QUOTE(scorptim @ Jul 6 2019, 03:14 PM)
There’s been some good deals from time to time, I just got one late last year from auction and stocking up funds for another one hopefully by late this year or next year. Haha
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good on you bro.
i dont know if i should go all the way to rumah lelong already saw a few good location one but the procedure is longer and more tedious.


Red_rustyjelly
post Jul 6 2019, 11:00 PM

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QUOTE(kkkw80 @ Jul 6 2019, 10:50 PM)
I was offered 720k and another for 725k. I’ve spend 120k renoworks.

Yes B.Raja is near Setia Alam but different developer. Most people prefer Setia Alam as its nearer to toll and the mall. Recently just a month plus ago SP Setia sold out their Artoca 18x65 on launch day at >500k and its way deeper inside quite near to the crematorium
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i prefer denai alam, but abeit a bit more expensive. but sime darby is no play play.

Red_rustyjelly
post Jul 21 2019, 04:22 PM

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QUOTE(TrialGone @ Jul 21 2019, 12:21 PM)
Buy now! Next year worth x10! Trust /k.

Seriously, which sellers/salesmen/property investors will ever point out market downturn?
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lol i my property flipper friend is filing her bankruptcy this year if she cannot manage to sell 2 units of her 4 holding.

3rd and 4th key are coming soon. she told us either she can find another higher pay job or sell it at 10%-15% lower price.
otherwise she makan bread and water only.
Red_rustyjelly
post Jul 21 2019, 05:17 PM

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QUOTE(yeezai @ Jul 21 2019, 05:11 PM)
Good news for real house buyer ...flipper/dev/valuer is the one that drive the price up ..
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but but but.... BBB UUU said no property bubble... where got? Discount only mah..

Red_rustyjelly
post Jul 21 2019, 05:18 PM

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QUOTE(jayko @ Jul 21 2019, 04:48 PM)
did you low ball her? rclxms.gif  rclxms.gif  rclxms.gif
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no lah smile.gif , at least she honestly speaking.

unlike some people here in this tered.
Red_rustyjelly
post May 12 2020, 10:14 AM

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QUOTE(Red_rustyjelly @ Jul 21 2019, 04:22 PM)
lol i my property flipper friend is filing her bankruptcy this year if she cannot manage to sell 2 units of her 4 holding.

3rd and 4th key are coming soon. she told us either she can find another higher pay job or sell it at 10%-15% lower price.
otherwise she makan bread and water only.
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Gone, now she is officially bankrupt. Although managed to drag until this year. with the amount of effort she put in.
Red_rustyjelly
post Aug 18 2021, 05:32 PM

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prices will drop even further especially for this generation.
Economy uncertainty + jobless.



 

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