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

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epie
post Oct 6 2010, 07:36 PM

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which one to believe?

i think better believe in ourselves...only time will tell us
epie
post Oct 8 2010, 01:22 AM

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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
epie
post Oct 8 2010, 11:27 PM

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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
epie
post Oct 9 2010, 03:28 PM

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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.
If 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.
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yeah i agree wit that...it will only affect short term flippers
the big investors just need to hold the properties for 5 years and can get away from rpgt
the problem is still not soved
epie
post Oct 13 2010, 01:24 AM

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i think i also know this person....and its true he has lots of house

epie
post Oct 15 2010, 08:40 PM

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from my look at the budget, it will boost the property market and drive price higher
epie
post Oct 15 2010, 10:14 PM

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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
epie
post Oct 16 2010, 01:19 PM

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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.
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u are right, BNM can change anything regarding to credit regulation...what they cannot do is to impose the rpgt
but from the budget we can clearly see the government is encouraging people to buy house

epie
post Oct 23 2010, 06:42 PM

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QUOTE(Iceman74 @ Oct 23 2010, 06:09 PM)
nice article by a very well known man thumbup.gif
epie
post Oct 25 2010, 10:05 AM

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QUOTE(prody @ Oct 25 2010, 09:21 AM)
Nice to see some sound advice.  nod.gif
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yup a very good advice from a reputable man
worth reading thumbup.gif
epie
post Oct 26 2010, 06:51 PM

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QUOTE(cherroy @ Oct 26 2010, 12:16 PM)
Gila.

First born baby coming to world already in debt.  doh.gif
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hahahha...pity the new generation
they will curse their own parents later
epie
post Nov 6 2010, 12:34 PM

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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.

Some 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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yeah....investors will be more cautious now n it will slow down the speculation at least for a certain degree
epie
post Nov 10 2010, 09:31 AM

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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
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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agent always talk like that...got potential buyer...must put deposit fast bla bla bla.....
epie
post Nov 18 2010, 09:56 PM

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QUOTE(Vincent Pang @ Nov 18 2010, 06:53 PM)
we also pakat not to buy ler smile.gif then we'll see who can tahan longest smile.gif

that time, 1 by 1 developer going down, they are forced to sell
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the power is in our hand as a consumer...but
do we unite as they are rclxub.gif
epie
post Nov 21 2010, 09:42 AM

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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.

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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i dunno who is speculating now rclxub.gif
epie
post Nov 21 2010, 11:22 AM

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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
epie
post Nov 21 2010, 11:58 AM

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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. tongue.gif
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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 rclxms.gif
epie
post Nov 21 2010, 12:18 PM

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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.

http://www.globalpropertyguide.com/Asia/Malaysia
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i dun pointing fingers to anybody...imho all of us are predicting as nothing is certain
epie
post Nov 21 2010, 04:00 PM

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since when we can defeat the bank whistling.gif
epie
post Dec 9 2010, 11:30 AM

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QUOTE(cybermaster98 @ Dec 9 2010, 10:50 AM)
What is your profession?
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speculator? sweat.gif joking man

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