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 Multiple Signs of Malaysia Property Bubble V20

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bearbearwong
post Dec 25 2016, 11:57 AM

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QUOTE(Jliew168 @ Dec 23 2016, 09:00 PM)
My friend house in GVH drop below developer price... bearbearwong  can u confirm this?
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Yea drop 5 to 7% .. capers drop 30%
bearbearwong
post Mar 14 2017, 10:13 PM

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QUOTE(Jliew168 @ Mar 14 2017, 10:01 PM)
Hunting for 6 months dy still no good buy....bearbearwong got any dead chicken mou?
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come seremban court tomorrow ..i be there...
bearbearwong
post Mar 15 2017, 03:50 PM

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QUOTE(Jliew168 @ Mar 15 2017, 12:40 AM)
Many condo in old klang road , sentul , Taman desa selling less than 300psf 10 years ago..similar condo now transacted more than 600 psf..last time rental 2k now around 1.8-2.2k
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diu ur condo at midfields drop like mother also cant recognize... negro area

can pm Manutdgiggs to confirm
bearbearwong
post Mar 15 2017, 06:32 PM

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QUOTE(Jliew168 @ Mar 15 2017, 04:59 PM)
U talk what shit ..midfield 1 developer is less than 300k , around 280psf ..

Now subsale transacted 450psf -500 psf

Hahhaha
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mid fields 2 wor... u ask mangala to beratur one... not 500k plus meh?
bearbearwong
post Mar 15 2017, 07:22 PM

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QUOTE(Jliew168 @ Mar 15 2017, 07:20 PM)
Midfield 1 subsale 550k above,i bought midfield 2 at 500k which much more newer.. Huat ah
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u say all lor... Mid fields 1 300k sth like that profit oh... Midfields 2 case god also you, ghost also you dont be like Manutdgiggs, everyday he try to pou Jade residents one... lol

This post has been edited by bearbearwong: Mar 15 2017, 07:25 PM
bearbearwong
post Mar 15 2017, 09:28 PM

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QUOTE(ManutdGiggs @ Mar 15 2017, 07:53 PM)
In resi I onli gd in gvh. Wat u wanna know in gvh???
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hami gvh gvh...u mai like dis..vely bo seady.. very bo steady...
bearbearwong
post Jul 2 2017, 08:21 AM

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QUOTE(tankhebeng1 @ Jul 2 2017, 02:13 AM)
I believe bubble is coming soon especially in jb
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Jb gg.com long time di.. rich ppl not affected poor ppl rent.. middle class pay loans..

Rich become richer.. where are those bbb?
bearbearwong
post Jul 2 2017, 06:02 PM

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QUOTE(Jliew168 @ Jul 2 2017, 05:45 PM)
Market is flooded with new low quality launching.. Buy sub sale is good kekeke
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Datuk liew.. my prop here oso drop price leh.. zzz
bearbearwong
post Jul 3 2017, 06:14 AM

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Haizz,own stay paid the price... still there will be rich ppl ard
bearbearwong
post Jul 4 2017, 10:04 PM

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QUOTE(Jliew168 @ Jul 4 2017, 08:29 PM)
History will repeat itself.. After next few years people will complaint why never bought now while price is low... Those who wait will forever wait like missed the opportunity in 2008 when everyone claim crash but that is best time to enter market

By 2020 my Bro bearbearwong will laugh kau kau claim his right decision

Buy a good subsale now if found a dead chicken..
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why need to laugh ..own stay wor..not investment also
bearbearwong
post Aug 24 2017, 12:19 AM

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no need to say di... the market speaks itself.. how is the condition now and etc...

needless to argue.... no matter how colourful the statements were made ... it is just useless
bearbearwong
post Jan 31 2018, 05:54 PM

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QUOTE(Jliew168 @ Jan 29 2018, 03:22 PM)
bearbearwong  interest going up soon.. Your GVH apa macam
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Gone up di... gvh drop in value..
bearbearwong
post Jan 31 2018, 06:01 PM

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QUOTE(icemanfx @ Jan 28 2018, 06:55 PM)
Property market is largely cyclical, there are different investment phases for different type of investors.

During bull run, was largely bought by the herd. Vultures will wait until blood is knees deep on the floor before picking.
The rich become richer, the poor remain poor and the middle class become the new poor. For reasons, only 3% of adults in the kangkong land have over us$100k net worth.
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The vultures are scavanging the poor and herd investors properties.. and stuck with debts
bearbearwong
post Jan 31 2018, 06:35 PM

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QUOTE(kurtkob78 @ Jan 31 2018, 06:05 PM)
so is leverage can give u advantage.?

or just need to calculate cashflow in like 5 years
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Some borrowers like zuiko407 and manutd and ah liew is doing like dis..

Buy say gvh project 1 million..30 years..10% dp or zero dp..monthly pay 4500 ..

They bought service loan ard 1 year.. total cost paid ard 55k..

They refinance 800k.. monthly pay 7k to 8k.. 30 years..

Now they have 800k.. can use to invest on others or break it down.. per month now pay 8k installment including refinance.. one year

7k x 12 months= 84k
800k can last 8 to 9 years without doing anything.. by that time wat ever financilal crisis over di.. and prop also increase in price too so win win

Some use d 800k to increase income and borrow again again.. and more.. u are buying term of years..

If they rented out.. they profit and less reduction..

I see ppl take housing loan.. then refinance.. then od.. then ml and etc..

Hard to see all of them if they use prudently.. but if spend on bmw.. audi.. etc then gg

My 2 cents
bearbearwong
post Jan 31 2018, 10:14 PM

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QUOTE(Jliew168 @ Jan 31 2018, 09:46 PM)
Wah,  lu apa calculation

U scenario only can apply to fully paid property or have a very big capital gain..

Let say u buy 1m, valuation increase to 2m then u can cash out around 1m la
If u buy 1 Mil but price never increase then how to refinance

Secondly u must have enough cash flow n income to support only can do this otherwise bank won't borrow u

If u smartly use the cash then ok,  don't refinance n buy fancy car

Borrow smart and spend wise
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Refinance a lower sum lor..


bearbearwong
post Feb 1 2018, 08:25 PM

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QUOTE(Jliew168 @ Jan 31 2018, 10:53 PM)
Want to check with u if tenant not pay rent can I put him into CTOS?  Or any other way to do that
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Need to get a judgment I guess..

I saw some suppliers enter ctos their downline who dont pay
bearbearwong
post Feb 11 2018, 08:18 PM

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QUOTE(icemanfx @ Feb 11 2018, 07:50 PM)
Blood has yet knees deep on the floor.
If over 1m people are waiting to bbb then oversupply is fake news.
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Dont take words from them.. I bought that time di dropping and built and sell.. hardly investors..

Jliew midfields 2 bit hard so high competition everywhere

Buying for ownstay but d one u like..and prefer
bearbearwong
post Feb 11 2018, 08:20 PM

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I thought d share market world wide collapse.. many top bilionares loses 5 to 8% from their nett worth
bearbearwong
post Feb 11 2018, 10:18 PM

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U guys know those foreclosure proceeding take months to years... from d date you start not paying.. lod isdued.. 16d.. 16g.. till order for sale.. auction...

Even at auction time sucessfully sell off.. for d transaction to complete another 4 months onwards..

Fastest 9 months.. those debts on top of debtor cant hardly cover esp those servicing less than 10 years unless d appreciation is very high and bought before bull run..

Man utd giggs.. is a prime example.. he aiming tunku san
bearbearwong
post Feb 11 2018, 10:19 PM

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QUOTE(Jliew168 @ Feb 11 2018, 08:37 PM)
Midfield 2 rented out long time already lo at 2.5k
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So many condos those area..

2.5,k.. u selfsign tenancy and use d income to borrow?

Tenant paying promptly 2.5k could have better choice.. or d best buy it off..

Unless ur case is short term ones

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