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 Multiple Signs of Malaysia Property Bubble V20

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zerorating
post Mar 6 2017, 04:51 PM

Miskin Adab
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applying mortgage on 4 four banks, only one responded, i want to cry sad.gif
zerorating
post Mar 6 2017, 06:15 PM

Miskin Adab
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From: Lokap Polis


QUOTE(KoChun @ Mar 6 2017, 05:45 PM)
You call ask why fail. Then prove that you can afford to pay.
*
if only they call me and said hey your application rejected and goodbye, but no, no call/message whatsoever.
oh well dry.gif


zerorating
post Mar 6 2017, 06:23 PM

Miskin Adab
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QUOTE(KoChun @ Mar 6 2017, 06:16 PM)
Banks who process application have lots. So they dont call everyone.
You can call to ask and find out.
Otherwise, best apply for Pr1ma.
*
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

This post has been edited by zerorating: Mar 6 2017, 06:29 PM
zerorating
post Mar 6 2017, 07:39 PM

Miskin Adab
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QUOTE(WhitE LighteR @ Mar 6 2017, 07:24 PM)
sometimes cannot trust runner. they say will submit to 10 bank. but in reality they submit mayb 1-2 only... dont be surprised if u call the bank they say dont have your application.
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im awared of that, but i dont know any good mortgage officers anyway, so the runner (also property agent) know better than me anyway. I managed to get a loan meaning he closed the deal and getting commission.
its not a property that i die2 must buy anyway.

This post has been edited by zerorating: Mar 6 2017, 07:42 PM
zerorating
post Mar 6 2017, 07:39 PM

Miskin Adab
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From: Lokap Polis


QUOTE(ghi note8 @ Mar 6 2017, 07:35 PM)
great news for who looking to buy
*
with cash biggrin.gif
zerorating
post Mar 6 2017, 08:40 PM

Miskin Adab
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From: Lokap Polis


QUOTE(heavensea @ Mar 6 2017, 08:36 PM)
Property market gg already, especially lapsap condo/highrise. It's not a very big issue for property that already finished installments, but GOOD LUCK to those 90ltv...

main reasons:
1) supply damn much >>>>>>>> than demands
2) due to greedy developer, built high density shyt products
3) also due to AFFORDABLE HOUSING such as PR1MA/Rumawip/Ruma selangorku.
4) 100 housings, 30 buyers need it to stay, 300 buyers goreng/speculators/so called invest.. so you do the math ya.

Fyi, now the condo CAN'T EVEN RENT OUT. The market is very very over supply just like our great country sohem shopping malls. Everyone copy cat lead to everyone wait dai.

Marehsia is a great nation in term of copy this and that. #lovejib #lovemarehsia
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lets suggest to gomen for importing more awang hitam, profit profit biggrin.gif
zerorating
post Mar 6 2017, 09:28 PM

Miskin Adab
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QUOTE(scorptim @ Mar 6 2017, 08:47 PM)
If not possible Jew think developer dare to do. They sure kaotim with the bank d la. Plus market price memang around there onli. So bank valuation sure lepas 1
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but nowdays rehda complaining banks rejecting alot of applications, other than DSR/income factor, maybe sangkut on the valuation part? hmm.gif
zerorating
post Mar 6 2017, 09:50 PM

Miskin Adab
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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
*
not fun la, banks suffers the most sad.gif
only rich people could have the slice of the fun sad.gif
zerorating
post Apr 23 2017, 11:47 AM

Miskin Adab
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QUOTE(coolstore @ Apr 23 2017, 11:40 AM)
what bank lelong website(s) available?
*
https://www.ngchanmau.com/
zerorating
post Jul 28 2017, 12:46 PM

Miskin Adab
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From: Lokap Polis


QUOTE(cloudwan0 @ Jul 28 2017, 12:40 PM)
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
*
damn those legal cost, interests and maintenance should hurt him bangwall.gif
zerorating
post Dec 12 2018, 12:59 PM

Miskin Adab
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QUOTE(wild_card_my @ Dec 12 2018, 10:41 AM)
From my experience for bumiputra buyers there are risks that your application to transfer the lease to a non-bumiputra would be rejected by the state government. No problem that I know of for non-bumi to transfer to either a bumi or a non-bumi.
*
not really, PBT could said that bumi qouta not fulfilled, can only sell to bumi
zerorating
post Dec 12 2018, 01:11 PM

Miskin Adab
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QUOTE(wild_card_my @ Dec 12 2018, 01:02 PM)
??? i was referring to subsale though. I may have misunderstood your comment, can you rephrase?
*
subsale la, there are few case that some request to transfer non-bumi leasehold land to another non-bumi got denied, thats one of the reason why alot of people stick with freehold land only.
zerorating
post Dec 12 2018, 01:23 PM

Miskin Adab
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QUOTE(AskarPerang @ Dec 12 2018, 01:21 PM)
still under master title developer name?
or already under individual strata title owner name?
*
not kena'ed to me, i have no idea.
just kedai kopi discussion, somemore they discuss how to undertable to overcome this smile.gif
zerorating
post Jul 6 2019, 02:42 PM

Miskin Adab
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QUOTE(AskarPerang @ Jul 6 2019, 01:52 PM)

*
shit, now the worst has happened.
hopefully this is the last time we will heard about suicide because of failed property investment.
zerorating
post Jul 28 2019, 02:46 AM

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QUOTE(epsonstylux @ Jul 28 2019, 02:08 AM)
i heard from a friend who said his friend went to a prominent property guru seminar, in the seminar, he was forced to swipe CC for 40k as deposit for 2 units at kajang. He specifically told me the word is "forced"

near MRT.

The property guru said they will renovate the unit at owner's cost, and within 3-6 months will find a tenant for owner.

The renovation include 5-6 rooms inside the 1000++sqft apartment, and rental will be rm800/room.

Dont know if it is true or not. Can somebody confirm?  hmm.gif  whistling.gif
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ask yourself who going to rent a 167sqft of space for rm800 in kajang when you could rent an apartment for rm900 in kajang center.
https://www.mudah.my/Crestin+Park+Apartment...al-76736829.htm
there also cheaper option like walk up apartment, old apartment or somewhere further too like below:
https://www.mudah.my/Saujana+Permai+2+Kajan...g+-76730194.htm

if i want to rent 800 per room in kajang, i expect include electricity with air cond, access to fiber internet and foods once in a while laugh.gif

This post has been edited by zerorating: Jul 28 2019, 02:50 AM

 

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