A handful of compression loan borrowers failure (assumed each has 3 or 4 units) in a development could send auction price crashing.

As most bought off plan and auction only occur a few years later. Most owners/buyers were unaware and unprepared of these auction. Very often, these projects were heavily promoted by guru, bbb and uuu.

To those with vested interest, theirs are always the bestest.

All 4 units out now. All same owner. Same size unit. Joint name purchase.





Here the S&P price for the unit size at 1.1M.
Assuming taking 90% loan = 1M.
Now lelong transacted at maybe below 600k. A loss of 400k++ per unit.
Unless the owners still keep the cash back to pay back the outstanding amount (surely not enough also).

High risks high return. During poorperly bull run, bbb/uuu were super confident on flipping upon vped for a few hundred k profit, can fi/re after one or two rounds.

Many ignored leverage amplify profits as well as losses.

For investment without leverage, one could only loss as much as one could afford to invest. For investment with leverage, losses could be many times of invested amount.

Many also failed to realize; one could cut loss with highly liquidity assets. For illiquidity assets, one may not cut loss easily but to bear the full burned.

For reasons, only about 3.5% of adults in this country have over us$100k net worth.

After this round, many will avoid poorperly investment like those experienced or heard of stocks in 1997.

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For me to know, for you to find out. Those visited know where and grab is useless.

The world is greater than kuptung.

Then why you need to make more?

Then why you need to make more?

Then why you need to make more?

My number 1 concern is loan being cancelled. 70% still ok as the guy told me the another 20% to fork out will be in stages and years. Is it true?

First loan 370k rental 900 no issue

New loan
618k commercial lvl 21
400k residential lvl 38

I just signed spa and LA for both undercon new lroject

Anyone been caught already ??

aiseh thought can have good ending ... catch all the bad guys

Welcome to PM her how to make 5 - 6 digits per month by buying 10 units of Vivo 9 Seputeh at over 1k++ psf.
Probably got big cash back? Who knows. 

Do what until car shaking?
Alignment not good jor?