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> PROPERTY MARKET TO BE BADLY HIT IN 2018, Tekan the greedy sellers to the max!

sosobear
post Today, 01:56 PM

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QUOTE(A.B.D. @ Nov 21 2017, 01:50 PM)
they are visionary, they build city within city  :thumbsup:
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mk land and empire mammoth are also visionaries during their peak...
A.B.D.
post Today, 02:01 PM

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QUOTE(ed1torz @ Nov 21 2017, 12:57 PM)
https://www.thestar.com.my/business/busines...ts-says-johari/

you guys can quote and show how significo market to be.
but the reality is, we have a mismatch of supply vs demand
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govt don't approve new application whereby per unit over 1m can help who?

sounds like a good deal for the rich, developers will compete to give the largest space and best fittings for RM999,999.

while the lower income will continue to be disadvantaged on value per sq ft basis and living in tight spaces in overcrowded multi-thousand unit buildings sharing a few common facilities.
noiseemunkee
post Today, 02:10 PM

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am thinking the next few years safe strategy is on prop sector with strong fundamental, undervalued/under market pricing and with rental being breakeven/positive? this may minimize price reduction impact as you can brace the downturn for longer time as cashflow not really affected. fundamental prop imho will pick up again over time after the downturn cycle.
remora
post Today, 02:12 PM

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QUOTE(A.B.D. @ Nov 21 2017, 02:01 PM)
govt don't approve new application whereby per unit over 1m can help who?

sounds like a good deal for the rich, developers will compete to give the largest space and best fittings for RM999,999.

while the lower income will continue to be disadvantaged on value per sq ft basis and living in tight spaces in overcrowded multi-thousand unit buildings sharing a few common facilities.
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Is there anything we could learn from our neighbour's HDB township planning concept?? Even today, a four-room HDB unit could be still available at S$350k for eligible household that could be finance partially through CPF.
BEANCOUNTER
post Today, 02:48 PM

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QUOTE(remora @ Nov 21 2017, 02:12 PM)
Is there anything we could learn from our neighbour's HDB township planning concept?? Even today, a four-room HDB unit could be still available at S$350k for eligible household that could be finance partially through CPF.
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if our polly can learn, our cow also can climb tree lioa.......

not that they are stupid...but they are too smart to help themselves, and only themselves.
icemanfx
post Today, 03:10 PM

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Finance Minister II Johari Abdul Ghani said there was no "U-turn" in cabinet's decision to freeze new high-end property development in Kuala Lumpur.

"All projects that have received approvals can proceed. This freeze is only for new shopping malls, offices and high-rise residential units priced above RM1 million.

"There is no U-turn," Johari told Malaysiakini.

He was responding to several news reports which quoted Works Minister Fadillah Yusof claiming that despite the freeze, there will be some leeway for some high-end projects on a case-by-case basis.

Both the NST and The Edge Markets quoted Fadillah saying that "this is not a blanket stop order"...

Read more at https://www.malaysiakini.com/news/402728#FCVP1dl81TyQI5rp.99

U-turn or no U-turn, fake news or not, over supply and poor demand remain unchanged, what difference does it make?

This post has been edited by icemanfx: Today, 03:13 PM
A.B.D.
post Today, 03:48 PM

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QUOTE(remora @ Nov 21 2017, 02:12 PM)
Is there anything we could learn from our neighbour's HDB township planning concept?? Even today, a four-room HDB unit could be still available at S$350k for eligible household that could be finance partially through CPF.
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learn? we have incompatible values. a country where meritocracy and equality are bad words, cannot possibly learn from developed countries.
Vice Leong
post Today, 04:51 PM

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If indeed there is a freeze on approval of >rm1m condos, will it auger well for this segment especially in KL in the next one or two years? In KL there are only 349 overhang units under the >RM1m category.

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