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

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blasto
post Feb 12 2009, 11:41 PM

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new property won't drop due materials & inflation.

for PJ area, people here are comfort zone. you will never see For Sale/Urgent tags.
You yourself have to approach resident one by one. Make an offer.
Find the house you want to buy & action.

The longer you wait, you keep waiting & ended nothing.
The old folks last time will not sell. As time passed by it's handed down.
And these new generations, ended up already got theirs own.
So action now before its too late & grab by others.

You see example in SS2. Those house turn wedding lots. Sweet ha.
Later PJ will be like that. Then value rises coz this area is high traffic area.



blasto
post Mar 27 2009, 07:42 PM

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those ppl who like to nego .. this is the time
blasto
post Mar 31 2009, 03:38 PM

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IMHO housing properties value depends on the demand of the area.
Is not easy banks to approve loans for certain area that is uncertain returns, therefore they will ask buyer intend for investment or own stay. example like rawang area, banks are not approving loans at all for the area, they are afraid buyer unable to pay back & result bank have to lelong & ended up losing money.

Since the booming housing properties market here, many are still unable to buy, due to credit card debts & income factor.
I believe this will result too many owned properties floating in the market without buyer, so it goes back to the generation of renting & slowly if the market economy pick up, this renters will start to purchase. So the cycle will start again.
If the cycle doesn't start, it will become a boarder of rich remains rich & poor remains poor.


blasto
post Oct 20 2009, 06:50 PM

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QUOTE(flight @ Oct 20 2009, 05:56 PM)
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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...maybe that time ppl all tgh working or balik kampung ma ?







blasto
post Oct 21 2009, 02:49 PM

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QUOTE(mchlkeys @ Oct 21 2009, 02:40 PM)
SS2 house is expensive, shoplot rent also expensive, rm9800!!
PJ all state all expensive lah..... hmm.gif
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ya lah, thx to pioneer ppl who started those wedding butik.
my PJ house for rent, stay or business ...
many came & offer buy im pickey. icon_rolleyes.gif


blasto
post Nov 3 2009, 10:24 PM

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QUOTE(babymiki @ Nov 1 2009, 02:28 AM)
Is it wise to buy property at this timing of the year?
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Better buy when you can afford.
Next year they might charge tax for buying also.
Malaysia is heading to the Tax Country.
blasto
post Dec 4 2009, 12:53 PM

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QUOTE(wnvoo @ Dec 4 2009, 12:10 PM)
during this recession economy, which kind of property is better for investment? landed prop or condo? condo can fetch good rental, but not good appreciation. landed no good rental,but marvellous appreciation.
expert here,please advice..
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for me.. i go condo near university, low density, easy public transport (LRT, bus, train) example Shah Alam U1 Condo
got it for abt 250k. currently now left 200k @ 4%/20years.

calculation on rental gain vs. bank loan is very important.
i projected clean rent abt rm15k/year. after 10-15years sell off.

landed near UPM can fetch high for student rental...
they sumbat 10 or more person. so eash head you get RM 200.00




blasto
post Dec 17 2009, 12:38 AM

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Let us wait for the next wave to hit US very soon ....
The inflation has already kick in & has explode...
is getting very near, we just dont believe its real...

next year all banks loans are gonna increase & might grant you longer payback period..
they know you will suffer paying & once you are down ... they will grab your property..

make your wise decision before playing property & play according to your budget...
icon_rolleyes.gif





blasto
post Jan 8 2010, 05:19 PM

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My view ... we are heading high inflation era very soon.
Those who squeeze to buy will sell if they cant cope up with the
high inflation. We all know, we like to owe to own. Our shopping habit never change... spending on unnecessary items, credit cards, car loan for 9years, interest free stuff... biggrin.gif

Property prices will keep rising as everybody know property will make money. Those who are lucky will walk out rich, unlucky ones will become poor. It's gonna be like HK & SG soon. or worst VN, PH or ID. shocking.gif


blasto
post Jan 15 2010, 11:04 AM

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QUOTE(epalbee3 @ Jan 14 2010, 09:39 PM)
when do you think the property price will go down 50%?

If in these few years, I want to save to buy during the dip.. wink.gif

Should be one or two years right?
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Think again friend ... gst, petrol, toll, sugar, real property gain tax etc & many more very newly created ways to tax us. icon_rolleyes.gif
blasto
post Aug 11 2010, 09:43 AM

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I read somewhere inthis thread before .... anyone know the full qoute below ...

those who expect property drop = no money
those expect property increase = got money
blasto
post Aug 12 2010, 12:25 PM

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QUOTE(Headlight @ Aug 11 2010, 02:17 PM)
People who wish prop price to drop = People who don't own a property
People who wish prop price to rise = People who have a property


Thanks you nail it ! rclxms.gif
blasto
post Aug 26 2010, 10:40 PM

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Depends on location & demand. Choose a unit you like as own stay purpose (investment for old days) Why new launches people intend to grab? coz many still haven't own a property yet.

Those invest into property have a better chance making it in life blush.gif compare modify car & spending on those unwanted luxury stuff. brows.gif

My friend bought a condo in 2001, I was laughing at him (i was low iQ)
He sold it after five years & bought 2 new condo one shot.
Both rented out, income pulak got a landed in Shah Alam.
(i envy him & at same time happy for him, come to office shake leg & always show me the 1mill smile)

People who wait for property to drop are those waiting gold falling from the sky.

This is not to convince you into buying, It's your choice.
if you prefer to waut by all means, it's your money.
Remember now days time fly real fast.
By the time you woke up, it's Kelang, Gombak, Rawang, Selayang etc.
blasto
post Sep 2 2010, 01:30 PM

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QUOTE(Pai @ Aug 27 2010, 12:22 AM)
Blasto, your fren is a great example of those who never pretended to be an expert and tried to time the market. And he's not the only one, many others made tonnes of $$$ from buying the RIGHT PROP.................. instead trying hard to buy properties at the RIGHT TIME.
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Pai ... thx for the advise, those been into the game know better. I'll take some time to digest your qoute.

buying the RIGHT PROP.................. instead trying hard to buy properties at the RIGHT TIME.

Imho.... i don't think we will follow/implement SG rules..back here cash speaks. The more cars the better, The more property the better. If you don't buy many foreigners will. We are heading 2020.

By the time if there is any rules their people is well taken care already. laugh.gif
blasto
post Oct 13 2010, 05:43 PM

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QUOTE(suang @ Oct 12 2010, 02:39 PM)
went for a preview of one of these property gurus..
the actual course abt 5k..
is it worth it? ...any opinions from those whove signed up for such courses will be appreciated.thanks
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Are they the real property gurus ? or just people who hang out at property auctions trying to pull some fast deals ?
blasto
post Oct 15 2010, 09:53 PM

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QUOTE(epie @ Oct 15 2010, 08:40 PM)
from my look at the budget, it will boost the property market and drive price higher
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+1

short & simple icon_rolleyes.gif
blasto
post Oct 21 2010, 03:57 PM

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QUOTE(wwwcomment @ Oct 21 2010, 01:57 PM)
you really think those lower cost houses will not be sapu by those richer fella or insider?
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fresh grads, feldas, gservant, property gurus...lobg Q
more ppl buy more ppl pay tax, send more ppl outerspace, more tower, more bridge..more record.
we are heading hign income country then bank interest rises.




blasto
post Feb 1 2011, 03:32 PM

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QUOTE(UFO-ET @ Feb 1 2011, 02:04 PM)
As I said earlier, property was bubbled since 1995, last year bubble, now bubble, tomorrow also the same, it just happen for different sector, specific area or specific time, for instance, low cost flat was bubbled in 2004, KLCC condo bubble in 2008, Bdr Puteri shoplot bubble 2009, Mon't Kiara bubble 2010, Kajang factories over supply in 2007, but now become hotter and hotter, what I mean is today you see Setia Eco Park good, 3 years later may be bubble, then it will come back 10 the years become hot, it could due to change in government policies, new highway etc.

Look at Bandar Kinrara, 1991-1993, not many people want, 1996-1997 boomed, 2000-2004 bubble, 2004-2009 stable, 2010 selling like hot hot cakes, it is up and down, as an investor, need to monitor closely the change in demographic, policies, new amenities, new project like LRT or MRT does play very important factor, invest in property must be "Smart and Fast", if too careful and not doing home work could hv miss the golden opportunities

If you ask me, our prime area property price is relatively cheap!!
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rclxms.gif rclxms.gif rclxms.gif
Great comments, Bravo. By reading this it sum it all.
This is what I have been waiting for.
thumbup.gif thumbup.gif thumbup.gif

btw. i have some properties need your advise, are you willing to help.
let me know bro. thx


blasto
post Feb 1 2011, 07:42 PM

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QUOTE(UFO-ET @ Feb 1 2011, 04:02 PM)
m nobody, but let's discuss. share share info bolehlah
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thx bro for reply. me worst. i pm you.

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