which one to believe?
i think better believe in ourselves...only time will tell us
Financial Is property going to drop?, General property price discussion
Financial Is property going to drop?, General property price discussion
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Oct 6 2010, 07:36 PM
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#1
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which one to believe?
i think better believe in ourselves...only time will tell us |
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Oct 8 2010, 01:22 AM
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#2
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damn,
i'm planning to sell my house that i bought this year...if this news is true...there goes 30% of my profits hopefully i manage to sell it this year and not be afeected with this new rpgt |
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Oct 8 2010, 11:27 PM
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#3
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i'm not really biased on neither side...property bubble or not...overprice or not
but i have 1 question for those who think they better w8 for the property price to drop ask urself....how high is high and how low is low |
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Oct 9 2010, 03:28 PM
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#4
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QUOTE(cherroy @ Oct 9 2010, 03:13 PM) Speculator seller can jack up 30%, but if buyer refuse to buy the after 30% jacked up price, transaction won't be done. yeah i agree wit that...it will only affect short term flippersIf sellers have difficult to sell with jack up price, naturally speculator and flipper will shy away the market, and there won't be so much buyers around for new properties, eventually price become more stable. Remember RPGT only affected short term buyers and properties flipper/speculator, it won't affect the long term sellers. the big investors just need to hold the properties for 5 years and can get away from rpgt the problem is still not soved |
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Oct 13 2010, 01:24 AM
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#5
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i think i also know this person....and its true he has lots of house
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Oct 15 2010, 08:40 PM
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#6
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from my look at the budget, it will boost the property market and drive price higher
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Oct 15 2010, 10:14 PM
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#7
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i am neither agree nor disagree with the property bubble theory
but from the budget we can clearly see the direction and for those who are waiting for price to go down ask urself this question: how low is low and how high is high for a single property value |
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Oct 16 2010, 01:19 PM
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#8
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QUOTE(klbull @ Oct 16 2010, 11:30 AM) Do fiscal or monetary measures have to be introduced only through the National Budget? We have a central bank tasked with financial and credit regulation that can impose new rules that may affect property prices as it deems prudent. If speculation gets too out of hand, BNM can regulate liquidity through the banking system. They are watching. The government is afraid to rock the boat now for political reasons but it may not have the luxury of choice if the crash emanates overseas in bubble markets before coming here. u are right, BNM can change anything regarding to credit regulation...what they cannot do is to impose the rpgtbut from the budget we can clearly see the government is encouraging people to buy house |
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Oct 23 2010, 06:42 PM
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#9
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QUOTE(Iceman74 @ Oct 23 2010, 06:09 PM) nice article by a very well known man |
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Oct 25 2010, 10:05 AM
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#10
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Oct 26 2010, 06:51 PM
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#11
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Nov 6 2010, 12:34 PM
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#12
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QUOTE(return78 @ Nov 6 2010, 12:32 PM) Cap limit 70% to LTV send a as very good alert to RE speculator. yeah....investors will be more cautious now n it will slow down the speculation at least for a certain degreeSome may find a work around on this policy but, if speculation remained high, BNM may have next come out as other regional central bank did. Speculator may more caution on their next move. |
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Nov 10 2010, 09:31 AM
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#13
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QUOTE(chubbyken @ Nov 10 2010, 09:25 AM) The one property that I viewed few weeks ago also seem not too hot already agent always talk like that...got potential buyer...must put deposit fast bla bla bla.....before 70% LTV, agent told me better make decision quick, he has a lot of potential buyers eyeing the house, waiting to view the house... but this week i receieve few calls from him pushing me for buying decision... |
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Nov 18 2010, 09:56 PM
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#14
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Nov 21 2010, 09:42 AM
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#15
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QUOTE(PUPUMAMA @ Nov 20 2010, 01:31 PM) There are things to take into consideratio, e.g land cost, material, market value etc. Developers are doing business to make profit and not a charity organization to help the poor. i dunno who is speculating now Don't wait for uncertainties when its already certain and make your own decision either buy or wait for miracle to happen. This topic has been over 2 years and yet the value of the properties are still going up. |
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Nov 21 2010, 11:22 AM
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#16
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hahaha
everybody is speculating now...from my understanding there is two one who think the price will fall down antoher who think price will rocket up both are speculators |
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Nov 21 2010, 11:58 AM
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#17
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QUOTE(maxforce @ Nov 21 2010, 11:54 AM) Well, cannot exactly call those who think price will fall as speculator as I doubt they are involved in driving up or driving down the prices. Those who fall into the category merely sit at the fence. because they are calling all the people not to buy now and w8...i think they oso speculate...not all of them but some of them |
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Nov 21 2010, 12:18 PM
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#18
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QUOTE(PUPUMAMA @ Nov 21 2010, 12:12 PM) You can refer to the web and get people opinion and not pointing finger on others. i dun pointing fingers to anybody...imho all of us are predicting as nothing is certainhttp://www.globalpropertyguide.com/Asia/Malaysia |
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Nov 21 2010, 04:00 PM
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#19
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since when we can defeat the bank
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Dec 9 2010, 11:30 AM
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