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Financial Is property going to drop?, General property price discussion

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winner
post Sep 9 2009, 01:54 PM

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QUOTE(yewkhuay @ Sep 8 2009, 08:11 PM)
Just out of curiosity, which project in MK tht ur sis wanto dispose , and u may PM me the details if u prefer tht way, thanks!  biggrin.gif
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One of the newly completed projects.

QUOTE(Pai @ Sep 8 2009, 09:38 PM)
think a better feedback compared to your sister's case is to get feedback from MK based agents. They'll sing you a diff tune.  smile.gif
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I would rather trust myself who is in the development field rather than those agents who tend to create a "feel good" factor. Don't listen to those people and asking prices, "actual sales" from my real experience would tell me everything.
Pai
post Sep 9 2009, 02:05 PM

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Winner, point taken but I dont see any reason for any agent to jack up the price by 10% recently if the demand is not there. Anyway, im not speaking purely from agent feedbacks alone, I do have few frens who owns MK props telling me that demand is back for their props compared to 6 months ago.

And care to explain how you'll get the "actual sales" in MK number that u mentioned earlier?
winner
post Sep 9 2009, 02:26 PM

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QUOTE(Pai @ Sep 9 2009, 02:05 PM)
Winner, point taken but I dont see any reason for any agent to jack up the price by 10% recently if the demand is not there. Anyway, im not speaking purely from agent feedbacks alone, I do have few frens who owns MK props telling me that demand is back for their props compared to 6 months ago.

And care to explain how you'll get the "actual sales" in MK number that u mentioned earlier?
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As mentioned in one of my earlier posts, I do agree that prices in MK has stabilised and slightly increased compared to early this year. But it is still not good enough to cover back the 20% drop experienced in Jan/Feb'09. Besides, the percentage of increase is marginal as compared to landed properties.

Actual sales information could be derived from those big players (developers I mean, NOT agents). As such, you could get a more accurate scenario. smile.gif
Pai
post Sep 9 2009, 03:56 PM

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QUOTE(winner @ Sep 9 2009, 02:26 PM)
As mentioned in one of my earlier posts, I do agree that prices in MK has stabilised and slightly increased compared to early this year. But it is still not good enough to cover back the 20% drop experienced in Jan/Feb'09. Besides, the percentage of increase is marginal as compared to landed properties.

Actual sales information could be derived from those big players (developers I mean, NOT agents). As such, you could get a more accurate scenario. smile.gif
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Winner, r u deriving these facts based on developer's prices? hmm.gif
laowai
post Sep 30 2009, 05:19 PM

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I'm trying to sell and rent out condos ... any good agents to recommend here? PM me.
suang
post Oct 2 2009, 11:23 PM

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hi all
im new to this thread..so plse be kind.

im looking to buy property within sj/usj area n heard tat
sime is going to build upscale aprtments in the subang ria park.
is this true? anyone out there with more info plse?
hackwire
post Oct 3 2009, 06:44 PM

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i am looking for good commercial shop lots for opening a restaurant. A few places like Puchong and SS2 is very good place for it. Some of the shoplot are good business during weekday but weekend is slow such as Uptown Damansara, Damansara Perdana etc... I am looking for the "Wong" place to open a business. Taipan in USJ is also good but only at certain corner...

Some shoplots area can work , some cannot.

SS2 is very good and almost every corner is pack with people.

Solaris is also in my consideration but the price is very high.

tell me what u all think
Lowyat
post Oct 13 2009, 07:49 AM

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Places always best for investment - cheras, kepong, pudu, sunway, subang, USJ, damasara and puchong.

All the place i mention above got one same problem - TRAFFIC JAM.
cheahcw2003
post Oct 13 2009, 12:37 PM

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QUOTE(Lowyat @ Oct 13 2009, 07:49 AM)
Places always best for investment - cheras, kepong, pudu, sunway, subang, USJ, damasara and puchong.

All the place i mention above got one same problem - TRAFFIC JAM.
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You can try to invest in oil palm land, think in long run the price of oil palm land will increase, then it will solve all your traffic jam problem....
stellar666
post Oct 14 2009, 11:39 AM

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just want to know what do u think about the value in the future of certain area.

have u guys heard the taipan group of companies (developer) which currently building up Park 51 condo? i was wondering bcoz i know the price wont be as high as freehold prop in the future..but is it a good investment?

it gives 10% discount until now n will be approximately complete in 2011. but what about the area?although is in PJ but does the area around it will affect the value?

peace


Added on October 14, 2009, 11:39 amsorry forgot to post up the link..

http://www.estate123.com/residence/reviews...il.aspx?r_id=67

This post has been edited by stellar666: Oct 14 2009, 11:39 AM
aramis888
post Oct 14 2009, 04:32 PM

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QUOTE(stellar666 @ Oct 14 2009, 11:39 AM)
just want to know what do u think about the value in the future of certain area.

have u guys heard the taipan group of companies (developer) which currently building up Park 51 condo? i was wondering bcoz i know the price wont be as high as freehold prop in the future..but is it a good investment?

it gives 10% discount until now n will be approximately complete in 2011. but what about the area?although is in PJ but does the area around it will affect the value?

peace


Added on October 14, 2009, 11:39 amsorry forgot to post up the link..

http://www.estate123.com/residence/reviews...il.aspx?r_id=67
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pay a visit to the site and tell me if you like the suroundings or not. smile.gif


Added on October 14, 2009, 4:33 pm
QUOTE(Lowyat @ Oct 13 2009, 07:49 AM)
Places always best for investment - cheras, kepong, pudu, sunway, subang, USJ, damasara and puchong.

All the place i mention above got one same problem - TRAFFIC JAM.
*
Traffic jam is a 2-edged sword.

This post has been edited by aramis888: Oct 14 2009, 04:33 PM
rakyat
post Oct 14 2009, 04:50 PM

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QUOTE(suang @ Oct 2 2009, 11:23 PM)
hi all
im new to this thread..so plse be kind.

im looking to buy  property within sj/usj area n heard tat
sime is going to build upscale aprtments in the subang ria park.
is this true? anyone out there with more info plse?
*
True but still a long way to go as they have problem with residence on the conversion of the green belt title to commercial/ residential. IMO they will most likely succeed in the conversion.... only a matter of time

BTW it will priced at least > RM500 psf (think a low rise version of laman baiduri) and quite close to the h/w. If u r in the market fr upscale condo (>RM400k)in Subang facing the lake then u can still grab a unit in Laman Baiduri which is opposite side of the lake and further fr the h/w


Added on October 14, 2009, 4:53 pm
QUOTE(Lowyat @ Oct 13 2009, 07:49 AM)
Places always best for investment - cheras, kepong, pudu, sunway, subang, USJ, damasara and puchong.

All the place i mention above got one same problem - TRAFFIC JAM.
*
In 2-3 yrs time Subang/usj/puchong will have LRT oredi so mayb elevate the jam some icon_rolleyes.gif

This post has been edited by rakyat: Oct 14 2009, 04:53 PM
mchlkeys
post Oct 16 2009, 07:32 PM

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where u want to buy ?
house price will reduce , increase more now . if u buy b4 march is best . now increase 30%.
if u want to know house loan u must search more banker help u .
i know few bank is good will help u save money .
my bros buy a house i help him looking banker .now i know more info lieo
buy 2nd house not eazy ah....
bank will see house value if u buy high value bank also no follow ur price!
like u buy rm100,000,. but value rm80,000 then u need paid rm100,000 down payment rm10,000
u loan is rm80,000 -rm100,000. u need pay more rm20,000


he try PBB , OCBC , CIMB , STANDARD CHARTERED.
PBB market value is very low one.
OCBC ok, 1)BLR-2% first 5 years , after BLR-2.4 ,incl legal fees.
2)bank package -2.4 , pay legal fees urself. but less then 1) package.

CIMB ilasmic package BLR -1.95 .then u open current ac , put more money in . they will house loan less ur current ac then cal ur loan. incl legal fees


STANDARD CHARTERED.-nice - klibor package. not follow BLR . but low rate then other bank . incl legal fees and other open account fees.
2.14+0.86 =3% (2 years)
2.14+1.16 =3.3%(third years start )
too much lah if u want to know u call banker . this banker is nice one.

all must follow bank negara rate , high low.
must remember banker must work in bank . b4 got banker is outside wah .
he want u buy insurance more one . rm3000 till finish loan!!
then lawyer lie must same lawyer they give u discount.save money again.. thumbup.gif

buy house not eazy . must becareful.i just share

if buy first hand , buy with developer also problem , my friend buy with developer till finish loan , cant stay !!

so govement must protect us .pay more money no house can stay.
mabye can sell land payback us ........haha icon_rolleyes.gif











cypher
post Oct 16 2009, 07:37 PM

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yeah..they all know price will drop..so now all increase...and later on drop back...so..what is the different?


Added on October 16, 2009, 7:38 pm
QUOTE(mchlkeys @ Oct 16 2009, 07:32 PM)
where u want to buy ?
house price will reduce , increase more now . if u buy b4 march is best . now increase 30%.
if u want to know house loan u must search more banker help u .
i know few bank is good will help u save money .
my bros buy a house i help him looking banker .now i know more info lieo
buy 2nd house not eazy ah....
bank will see house value if u buy high value bank also no follow ur price!
like u buy rm100,000,. but value rm80,000 then u need paid rm100,000 down payment rm10,000
u loan is rm80,000 -rm100,000. u need pay more rm20,000
he try PBB , OCBC , CIMB , STANDARD CHARTERED.
PBB market value is very low one.
OCBC ok, 1)BLR-2% first 5 years , after BLR-2.4 ,incl legal fees.
              2)bank package -2.4  , pay legal fees urself. but less then 1) package.

CIMB ilasmic package BLR -1.95 .then u open current ac , put more money in . they will house loan less ur current ac then cal ur loan. incl legal fees
STANDARD CHARTERED.-nice - klibor package. not follow BLR . but low rate then other bank . incl legal fees and other open account fees.
2.14+0.86 =3% (2 years)
2.14+1.16 =3.3%(third years start )
too much lah if u want to know u call banker . this banker is nice one.

all must follow bank negara rate , high low.
must remember banker must work in bank . b4 got banker is outside wah .
he want u buy insurance more one . rm3000 till finish loan!!
then lawyer lie must same lawyer they give u discount.save money again.. thumbup.gif

buy house not eazy . must becareful.i just share

if buy first hand , buy with developer also problem , my friend buy with developer till finish loan , cant stay !!

so govement must protect us .pay more money no house can stay.
mabye can sell land payback us ........haha icon_rolleyes.gif
*
buy land...build ur own house...

This post has been edited by cypher: Oct 16 2009, 07:38 PM
suang
post Oct 16 2009, 08:22 PM

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QUOTE(cypher @ Oct 16 2009, 07:37 PM)
yeah..they all know price will drop..so now all increase...and later on drop back...so..what is the different?


Added on October 16, 2009, 7:38 pm

buy land...build ur own house...
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TQ pple for all your input...even though
i dont quite understand what some of you are trying to say!

Actuall, Im hoping for some input from those whove gone thru this house-buying process.ar
im a serious buyer looking for a place arnd rm400k,within 15-20mins drive from sj,
where my parents r staying.i prefer landed property but can consider condo too..TQ
bryan_x00
post Oct 17 2009, 11:06 AM

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QUOTE(suang @ Oct 16 2009, 08:22 PM)
TQ pple for all your input...even though
i dont quite understand what some of you are trying to say!

Actuall, Im hoping for some input from those whove gone thru this house-buying process.ar
im a serious buyer looking for a place arnd rm400k,within 15-20mins drive from sj,
where my parents r staying.i prefer landed property but can consider condo too..TQ
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15-20 mins from sj? Try Putra Heights or Kemuning Utama. Definitely within your budget and quite new the houses over there.
ronaldoo
post Oct 19 2009, 12:52 PM

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15-20 mins from subang ?

Kemuning utama is just 5 minutes drive from subang jaya summit intersection .

300-500 k .

nearby subang,puchong,klang,sunway,ara damansara,OUG,old klang road,bukit jalil,bangsar,klang

No toll

Safety(gated community)

FREEHOLD

kesas,nkve,ldp,federal highway,NPE


suang
post Oct 19 2009, 01:30 PM

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TQ bryan_xoo n ronaldoo.

i will check out kemuning utama,putra heights n ara damansara.

any new developments in these areas lately?
I quite like ara damansara but was told no new projects-
i prefer a new home. to a 2nd hand one.
klang,puchong-out
was told to check out mutiara damansara but the one i saw in n/papers cost million!
TQ
rakyat
post Oct 20 2009, 09:57 AM

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QUOTE(suang @ Oct 19 2009, 01:30 PM)
TQ bryan_xoo n ronaldoo.

i will check out kemuning utama,putra heights n ara damansara.

any new developments in these areas lately?
I quite like ara damansara but was told no new projects-
i prefer  a new home. to a 2nd hand one.
klang,puchong-out
was told to check out mutiara damansara but the one i saw in n/papers cost million!
TQ
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Ara D'sara go lotsa houses/ projects coming up-la . Even the VP properties are still relatively new (within 5 yo) but definitly > RM500k for landed. U should take a drive round the area & compare KU, PH vs. AD

I prefer AD over the others but its oso more pricey doh.gif
flight
post Oct 20 2009, 05:56 PM

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does anyone think that property has been moving up a lot these few months? A lot of people buying to invest instead of to stay.. Like I-Zen in Mont Kiara...


That apartment is almost empty... drive by can see inside their parking lot, 3 or 4 levels, only have several cars. When is the steam going to run out?

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