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 Multiple Signs of Malaysia Property Bubble V20

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SUStikaram
post Mar 26 2017, 11:24 PM

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QUOTE(Jliew168 @ Mar 27 2017, 12:17 AM)
Hahaha 2k still very good
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Kakikong Kakisong sifu like you sure saying 1k still very good.

Vroom vroom to the max topkek.

This post has been edited by tikaram: Mar 26 2017, 11:25 PM
SUStikaram
post Jun 2 2018, 01:25 PM

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QUOTE(icemanfx @ Jun 2 2018, 02:24 PM)
user posted image

15% discount?
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Are you agent now?
SUStikaram
post Jun 10 2018, 08:26 AM

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QUOTE(wild_card_my @ Jun 10 2018, 06:28 AM)
Not just the interior, you would be taking over all the overdue bills as well as other liabilities. You can do a search on these things, you may not have it all covered
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High risk high return ma.
SUStikaram
post Dec 5 2018, 06:49 AM

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QUOTE(icemanfx @ Dec 5 2018, 02:43 AM)

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Wow so cheap.

bbb team kh. Malugibbs. Kuichin. Etc etc How much profit u make on your "property price is always up " one?
SUStikaram
post Dec 5 2018, 11:29 AM

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QUOTE(Jliew168 @ Dec 5 2018, 12:01 PM)
Wow boss karam is here also..... Pls comment current situation is good buy or need wait like icey kor say
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Here i must follow BBB group la. Price always up never down.

If i said other than that later Malugibbs, KUichin, KHxxx, Or Amilt and etc will none stop attacking me no like la.
SUStikaram
post Mar 29 2019, 06:25 AM

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QUOTE(icemanfx @ Mar 21 2019, 11:35 AM)
The Malaysian retail industry reported a disappointing growth rate of 2.7% in the fourth quarter of 2018 (4Q18) from 3.1% a year ago, failing to meet market expectation of 4.7% projected in November 2018, said Retail Group Malaysia (RGM).

“Year-end festival and school holidays did not contribute to a better growth rate during this quarter,” it said in the Malaysia Retail Industry Report (March 2019) yesterday.

RGM added that the performances of all retail subsectors were mixed during the quarter.

“The supermarket and hypermarket subsector was the worst performer with a 4% decline in sales. For the whole year, its sales dropped by 5%,” it noted.

The department store-cum-supermarket subsector expanded by only 3.2% during the last three months of 2018, while it recorded a moderate growth rate of 4.5% for the year.

Meanwhile, the department store subsector continued to experience slower quarterly growth of 1% this year. It also remained flat for the whole year with a 0.5% growth rate.

https://themalaysianreserve.com/2019/03/20/...pected-in-4q18/

A indicator of market sentiment.

A drop in supermarket (necessity) spending could mean many are tightening their belt for loan repayment.
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Online purchases records breaking is part of the problem.
SUStikaram
post Mar 29 2019, 10:13 PM

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QUOTE(Angelic Layer @ Mar 29 2019, 08:28 AM)
I disagree when it is mentioned super/hypermarket.
You don't buy meat or vegetables usually online.
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Vegi fruits n meat usually fresher n cheaper in wet market/ pasar malam.

Super / hypermarket mainly geocery.
SUStikaram
post Jun 7 2021, 10:27 PM

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QUOTE(Michaelbyz23 @ Jun 7 2021, 11:24 PM)
No right no wrong.
I do have bankers, friends, and investors around me also, been telling me property market would crash since 2016. But it is not happening yet, and my own belief is, may not be happening at all seeing how govt and bnm are trying their best to save this. Lot's of cushion here and there. No doubt price is correcting itself, but a sudden burst that lead to 30% or 40% loss in value, I don't think so. How i see is, there's been mismatch is supply/demand. Largely due to developer building the wrong types of products that market demands for.
Ps. Im not professional or financier, just my own opinion. Don't bomb me ya.
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Many 2016 2017 saying property always Up Up Up now all missing in action
SUStikaram
post Oct 12 2021, 08:56 PM

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QUOTE(icemanfx @ Oct 12 2021, 09:53 PM)
SPM 2020: 401,105 candidates sit for exam
https://m.malaysiakini.com/news/563857

https://napic.jpph.gov.my/portal/web/guest/...1&fileURI=21120

According to napic; there are over 580k new supply, 590k planned supply.
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No sit spm can estimate 49k ? Still if they married need house right?

2 years covid construction lock down where got new supplies?

2022 seem labour shortage. Who going to build house?

Delay finish meaning new planned also will delay launch / complete.

Beside foreign workers are moving from factory accommodation to flat /apartments due to new ruling factory cannot house them

So really have shortage coming few years

This post has been edited by tikaram: Oct 12 2021, 09:08 PM
SUStikaram
post Oct 13 2021, 12:43 AM

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QUOTE(icemanfx @ Oct 13 2021, 01:06 AM)
https://napic.jpph.gov.my/portal/web/guest/...1&fileURI=21121

Then why napic overhang is still persists and widening?n and "overhang" or idling poorperly in subsale market is a few times of primary/developers.
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Overhang products as you can read from the reports are mainly like the units from jb Cather for different taste customers.

If let said in kl we have 100k units overhang. Assuming all are all sovo. Assuming no one like sovo in kl. only investors uk like it. The developer is from uk. It is not fair that property will drop bcs supplies overhang of sovo 100k.

If you visit ioi putrajaya. Most unsold condo are 4 bedrooms unit 1400 to 1600 sqf. Big size condo hard to sales. Less demand. These are the products will remain overhang until year 2024.

But developer ioi is cash rich. Will keep it as inventory and slowly sales it.

This post has been edited by tikaram: Oct 13 2021, 12:45 AM
SUStikaram
post Oct 13 2021, 12:54 AM

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QUOTE(icemanfx @ Oct 13 2021, 01:48 AM)
According to napic, >30k units of service apartments in kv remain unsold.
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Ya 76% of that 22k is undercontuction

8k of 30k is > 1 milliom service apartment

Will it causing property ddd?

This post has been edited by tikaram: Oct 13 2021, 12:55 AM
SUStikaram
post Oct 13 2021, 01:05 AM

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QUOTE(icemanfx @ Oct 13 2021, 02:02 AM)
you will find out after extended loan moratorium has ended.
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If the world suddenly economy booming 8% pa and Properties price everywhere up. It is rather unusual property drop in KV right?

Now from Singapore to Vietnam to hk to Taiwan to China to Bangladesh to Kuwait to Doha to turkey price up

This post has been edited by tikaram: Oct 13 2021, 01:07 AM
SUStikaram
post Oct 13 2021, 01:19 AM

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QUOTE(icemanfx @ Oct 13 2021, 02:11 AM)
https://www.dosm.gov.my/v1/index.php?r=colu...DZIbmk2aWRRQT09

Malaysia gdp growth by 16.1% in q2/21. how much did kv poorperly price rise in q2/21 and q3/21?
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Property cycle change based on people long term perception. It is not buying kankung in. Pasar

Later everyone see whole world properties price up. Economy booming, material price up, everyone will rush to buy.


SUStikaram
post Oct 13 2021, 01:33 AM

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QUOTE(icemanfx @ Oct 13 2021, 02:24 AM)
Until poorperly overhang is reduced substantially, price will remain suppressed.

those chase price uptrend are likely trapped e.g poorperly 2011-2014, glove share 2020, etc.
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Ya. Overhang 600k jb China condo until year 2050 . Meaning Malaysia property will not change cycle la.

Topkek conclusion

This post has been edited by tikaram: Oct 13 2021, 01:34 AM
SUStikaram
post Oct 13 2021, 01:44 AM

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QUOTE(icemanfx @ Oct 13 2021, 02:35 AM)
Extended loan moratorium will end soon, need not wait too long to find out kv poorperly price trend.
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Many people holding too much cash due to moratorium n reduce expenses ( not travelling, not cheon, not drinking etc) and they hunt for good bargain soon.

This post has been edited by tikaram: Oct 13 2021, 01:44 AM
SUStikaram
post Oct 13 2021, 01:48 AM

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QUOTE(icemanfx @ Oct 13 2021, 02:46 AM)
There are many better investment options available.
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But many still prefer something that preserve value in long terms. Can live. Can generate income. Can sell and can refinance.
SUStikaram
post Oct 13 2021, 01:56 AM

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QUOTE(icemanfx @ Oct 13 2021, 02:52 AM)
hearsay
in the long term, poorperly price rise at about inflation rate.

most if not all legitimate investment vehicle could generate income, sell, refinance and more liquid than poorperly.
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But we have 450k spm leaver every year. They need a place to call home.

They don’t need more liquid and they no fucuk care .

This post has been edited by tikaram: Oct 13 2021, 01:56 AM
SUStikaram
post Oct 13 2021, 02:01 AM

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QUOTE(icemanfx @ Oct 13 2021, 02:58 AM)
kv poorperly price in the last few years showed demand is lower than what uuu/bbb claimed.
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So in the next few years cycle remain . Won’t changed?

We have mco lock down limited supply and raw mat on crazy high due to inflation and the world around Malaysia property price up

This post has been edited by tikaram: Oct 13 2021, 02:02 AM
SUStikaram
post Oct 13 2021, 02:10 AM

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QUOTE(icemanfx @ Oct 13 2021, 03:07 AM)
Until overhang is reduced substantially, price will remain suppressed.

if income doesn't rise faster than inflation, people would be more concerned to meet existing commitment, unlikely to make new purchase. loan interest rate will rise in tandem with inflation rate. high inflation rate for extended period of time will lead to economic recession.
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Income in Singapore doesn’t rise faster than inflation due to covid. They people make new purchases, people still rushing to buy. Interest also start rise due to high inflation. So how?

This post has been edited by tikaram: Oct 13 2021, 02:10 AM
SUStikaram
post Oct 13 2021, 02:15 AM

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QUOTE(icemanfx @ Oct 13 2021, 03:12 AM)
You should be asking why kv poorperly price didn't rise in the last few years and why it will follow sg?
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Well you reply me first.

I ask you why Singapore price up even income not up vs inflation.

After that I reply your next question. You cannot keep asking people question and hide away by ask question

This post has been edited by tikaram: Oct 13 2021, 02:17 AM

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