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PROPERTY MARKET TO BE BADLY HIT IN 2018, Tekan the greedy sellers to the max!
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Sand Dust
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Nov 14 2017, 07:10 PM
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People see things differently, that is why someone sell the bitcoins at $1, $100, $1000 while someone buying them at those price.
My take is MY economy is recovering from the oil price and therefore will spill over to rest of industry. On paper, barring any major crisis, MY economy will do well and housing will be ok.
But there are some fundamental issues on oversupply on poor location and certain segment. Just be very cautious and hope everyone make money.
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Sand Dust
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Nov 14 2017, 11:30 PM
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QUOTE(mindful @ Nov 14 2017, 10:06 PM) Property guru such as Faizul uses napic statistics a lot. It still shows growth which surprises me. Do u observe that is it the case? Statistic will remain statistic. Same like accounting, you can do a lot of magic. Do you believe inflation is actually 3-4%? What about the chiefs still say that it is a perception that MY crime rate is high and it is safe to walk on the street at night? Of course, if the data comes from a trust-able source. This post has been edited by Sand Dust: Nov 14 2017, 11:31 PM
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Sand Dust
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Nov 18 2017, 12:01 AM
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QUOTE(brother love @ Nov 16 2017, 05:55 PM) Words frum dvloper, of course..the reality only those on the ground and involved in tis industry knws..worst is yet to come Share more please? I do have trustable friend in property industry said this year is the best year to buy - but obviously everyone see the glass differently
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Sand Dust
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Nov 18 2017, 12:03 AM
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QUOTE(TOMEI-R @ Nov 16 2017, 06:48 PM) Its not about looking down on the holding power of the current investors. The market would tell no lies. Just ask any property agent and you will get the reply of "eager seller" or "enthuasistic seller" and you will know whats happening. You must be lucky. Few so called eager seller that I came across really not that eager. Either you give them almost market price, or dont.
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Sand Dust
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Nov 20 2017, 10:58 AM
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I don't understand the intention to limit building of > $1m property.
The overhang units majority not from this category.
The owners have higher witholding power.
The more supplies the price will come down faster which should be a good thing.
Why this restriction?
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Sand Dust
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Nov 20 2017, 11:00 AM
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QUOTE(ManutdGiggs @ Nov 20 2017, 09:53 AM) Blif those above 1m unsold units mainly targeting a smaller pool of existing buyers. Affordable issue is another part of the prob Reckon 3yrs is to short. 5yrs is great to create the gancheong feel due to shortage at the later stage of the clearance Personally dun mind to c the severe shortage of higher end segment. Some holding those props r facing lower yield for now Lucky me as I DUN BUY CONDO Thought boss sapu many SB units  Agree in LT landed will be the best investment.
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Sand Dust
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Nov 20 2017, 11:02 AM
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QUOTE(icemanfx @ Nov 20 2017, 07:59 AM) Believe this is the intention of ban; otherwise, the objective to make housing more affordable couldn't be met. More like to help existing players to sell their > $1m stocks.
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Sand Dust
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Nov 21 2017, 09:27 PM
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QUOTE(danielmckey @ Nov 21 2017, 10:35 AM) Just a token for those price with 1M & above. Be prepare it to become abandon home, because that price is unreachable in Majority of Malaysian and become old property. Better for it to become your own house for whole of your lifetime rather than sell it. We probably underestimate the rich out there
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