Multiple Signs of Malaysia Property Bubble V20
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 Jul 28 2017, 12:40 PM
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#1
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Junior Member
236 posts Joined: Sep 2008 
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Not sure bubble or not
4 years ago I sold my property in USJ for 550k Last week receive call from Property Agent, asking want to sell my ex unit mah I ask him what is the market value, he reply 540k So meaning for 4 years my ex unit price drop 10k, kesian the buyer |
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Jul 28 2017, 12:53 PM
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#2
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Junior Member
236 posts Joined: Sep 2008
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QUOTE(zerorating @ Jul 28 2017, 12:46 PM) damn those legal cost, interests and maintenance should hurt him I earn 200k from this unit  |
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Jul 28 2017, 04:32 PM
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#3
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Junior Member
236 posts Joined: Sep 2008
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QUOTE(icemanfx @ Jul 28 2017, 01:13 PM) If inflation is at 5% p.a, real price would have dropped by over 20% in 4 years. Alternatively, if the buyer bought for investment, he is underwater by over $80,000 on bank interest. Definitely for investment, he buying using his own company via cashHe got about 6 units at the same area |
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