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

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tky1993
post Nov 26 2017, 12:16 PM

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QUOTE(gooberhock @ Nov 26 2017, 11:29 AM)
got money one,  go out and buy.  no money one,  stay home and type lo.
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truest comment so far... hehe
hhho
post Nov 26 2017, 12:27 PM

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QUOTE(thecaterpillar @ Nov 26 2017, 12:13 PM)
That's if u buy your property cash and hold. What about those leveraging on loans and rented their unit out? The total investment is not the purchased price...it's much much much lower...
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I thought it's much higher not lower!
thecaterpillar
post Nov 26 2017, 01:07 PM

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QUOTE(hhho @ Nov 26 2017, 12:27 PM)
I thought it's much higher not lower!
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Lol. Think again... when u talk about investment, u r putting ur money and hoping for return. When u buy a property, say u pay 10% and the rest loan, u r investing only a fraction on the purchased price. Over the years u add some cost into installment, but what about rental income? So in the end u calculate purchase price vs selling price. The return is not calculated like that, but it's based on the amount u put in and the cost of disposing it...That's ur investment. That's simplistic way of calculating.

Of course the cost is also not in full up front, some is installment, some cost incurred during sale...however, investment wf loan and property upkeep is a commitment, unlike u buying stock. U can just pay one go and wait till u sell for gain. Just wanted to say the comparison the guy did is not right to calculate that way.


brother love
post Nov 26 2017, 01:17 PM

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MVertigo scenery didint prove anything, remember this was the same scene few years ago for almoat every new launching, but look at the owners crying now at the overpriced projeks
icemanfx
post Nov 26 2017, 01:30 PM

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QUOTE(hhho @ Nov 26 2017, 11:15 AM)
A picture speaks thousand words.......
There's still lot of buying interest out there.
Don't take the words of these property gurus seriously?
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Even during economic recession, there will still be property transaction; it is a matter of volume. With liquidity tightening and interest rate rise, transaction volume is likely to slow.

For every buyer in new launch, potentially one fewer buyer for launched project and subsale. Those overhang units is likely to stay for considerable period of time.

HarpArtist
post Nov 26 2017, 01:33 PM

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QUOTE(hhho @ Nov 26 2017, 12:27 PM)
I thought it's much higher not lower!
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for most investors liquid cash is the one most limited resource. so lower is correct.
thecaterpillar
post Nov 26 2017, 01:40 PM

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QUOTE(brother love @ Nov 26 2017, 01:17 PM)
MVertigo scenery didint prove anything, remember this was the same scene few years ago for almoat every new launching, but look at the owners crying now at the overpriced projeks
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It just prove that demand is there. Not proving that the buyers will laugh to the bank because of this purchase. Also, not everyone purchase property for investment too..

As long as it's at the right price and location, demand will still be there.

This post has been edited by thecaterpillar: Nov 26 2017, 01:41 PM
icemanfx
post Nov 26 2017, 01:48 PM

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QUOTE(thecaterpillar @ Nov 26 2017, 01:40 PM)
It just prove that demand is there. Not proving that the buyers will laugh to the bank because of this purchase. Also, not everyone purchase property for investment too..

As long as it's at the right price and location, demand will still be there.
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There is always demand even during economic recession, it is a matter of volume.


ManutdGiggs
post Nov 26 2017, 02:19 PM

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ohmy.gif


lcl832002
post Nov 26 2017, 03:24 PM

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QUOTE(AskarPerang @ Nov 26 2017, 11:55 AM)
Property market crashing? Here another example:


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Economy is really doing well ah
lcl832002
post Nov 26 2017, 03:24 PM

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....................

This post has been edited by lcl832002: Nov 26 2017, 03:24 PM
tky1993
post Nov 26 2017, 03:40 PM

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QUOTE(lcl832002 @ Nov 26 2017, 03:24 PM)
Economy is really doing well ah
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so cheap lol... preview in school hall yet so many ppl queing?

gallery also don have meh
icemanfx
post Nov 26 2017, 04:49 PM

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QUOTE(thecaterpillar @ Nov 26 2017, 01:07 PM)
Lol. Think again... when u talk about investment, u r putting ur money and hoping for return. When u buy a property, say u pay 10% and the rest loan, u r investing only a fraction on the purchased price. Over the years u add some cost into installment, but what about rental income? So in the end u calculate purchase price vs selling price. The return is not calculated like that, but it's based on the amount u put in and the cost of disposing it...That's ur investment. That's simplistic way of calculating.

Of course the cost is also not in full up front, some is installment, some cost incurred during sale...however, investment wf loan and property upkeep is a commitment, unlike u buying stock. U can just pay one go and wait till u sell for gain. Just wanted to say the comparison the guy did is not right to calculate that way.
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Subject to tenanted and bank interest rate.

kurtkob78
post Nov 26 2017, 05:13 PM

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QUOTE(thecaterpillar @ Nov 26 2017, 01:40 PM)
It just prove that demand is there. Not proving that the buyers will laugh to the bank because of this purchase. Also, not everyone purchase property for investment too..

As long as it's at the right price and location, demand will still be there.
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then explain why the significant increase of unsold units. amounting to 37 Billion
lcl832002
post Nov 26 2017, 10:35 PM

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QUOTE(tky1993 @ Nov 26 2017, 04:40 PM)
so cheap lol... preview in school hall yet so many ppl queing?

gallery also don have meh
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The school location may be in the better place.
Jagalat
post Nov 26 2017, 11:07 PM

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QUOTE(tky1993 @ Nov 26 2017, 04:40 PM)
so cheap lol... preview in school hall yet so many ppl queing?

gallery also don have meh

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Be fair la... There is a gallery at Wisma Low Siew Eng...
Showtime747
post Nov 27 2017, 09:06 AM

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PETALING JAYA: Property expert Ernest Cheong has dismissed the possibility that urban property developers can, any time soon, sell their double-storey houses to the people they are meant for.

Speaking to FMT, he said he could not foresee salaries rising or prices of properties dropping.

He applauded the Sultan of Johor for suggesting that the government work with developers to encourage the building of more affordable homes, but he said double-storey terrace houses these days could not qualify as “affordable” to most working people.

“There is a serious gap between what Malaysian families can afford to buy and the minimum price developers must sell their double-storey terrace houses for,” he said.

“A figure of RM500,000 to RM600,000 will represent the cost of such homes to developers. This covers the cost of land, development and construction in places like Kuala Lumpur, Petaling Jaya and Shah Alam.

“These Klang Valley developers cannot sell these houses at below RM500,000 as that is their cost price.

“So RM500,000 is the minimum price, excluding profit, that a Klang Valley developer can sell such a house for.”

But the problem, he added, was that 95% of families in the Klang Valley, Penang and Johor Bahru could not afford to buy houses priced at more than RM250,000.

He said most working adults nowadays could not save more than RM500 a month because of the high cost of living.

This would make it difficult for them to service housing loans, he added.


http://www.freemalaysiatoday.com/category/...-working-class/


What's wrong with this unker ? Last time ask us to wait price will come down from RM500k to RM300k.

Now say prices won't fall....

I hold and don't buy this year, now what ? Give us false hope only ? mad.gif mad.gif
David_77
post Nov 27 2017, 10:11 AM

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https://www.facebook.com/theedgemarkets/pos...016179411928457

Strong sign of rate increase in 2018.

Those who can hold - no issue, except maybe cut down on CoffeeBean or movies

Those who can’t hold - better be prepared

Those who still ada bullets - good timing to pick from auctions

Thoughts anyone?
icemanfx
post Nov 27 2017, 10:36 AM

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QUOTE(Showtime747 @ Nov 27 2017, 09:06 AM)
http://www.freemalaysiatoday.com/category/...-working-class/
What's wrong with this unker ? Last time ask us to wait price will come down from RM500k to RM300k.

Now say prices won't fall....

I hold and don't buy this year, now what ? Give us false hope only ?  mad.gif  mad.gif
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Typical of for the tree and miss the forest, nitpicking will not change the market momentum.

icemanfx
post Nov 27 2017, 10:38 AM

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QUOTE(David_77 @ Nov 27 2017, 10:11 AM)
https://www.facebook.com/theedgemarkets/pos...016179411928457

Strong sign of rate increase in 2018.

Those who can hold - no issue, except maybe cut down on CoffeeBean or movies

Those who can’t hold - better be prepared

Those who still ada bullets - good timing to pick from auctions

Thoughts anyone?
*
Rate rise is a foregone conclusion, it is a matter of quantum.

With household debt closed to 90% of gdp and less than 3% of adults in kangkong land have over us$100k net worth, liquidity tightening will have more profound impact than rate rise.


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