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

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rakyat
post Oct 14 2009, 04:50 PM

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From: USJ


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.
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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
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
rakyat
post Sep 8 2010, 10:48 AM

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From: USJ


QUOTE(cranx @ Sep 8 2010, 01:00 AM)
for those who cant wait to buy cheaper property. do you have the cash??
IMO it only benefits the cash rich buyer when the bubble burst.
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Exactly, when the bubble burst banks will rise their interest rates and are reluctant to offer new loans. Hence you will probably need to shell out at least 15% to 20% d/payment while pay BLR or 1% + BLR.

The most apparent problem is how low/ long will the crash be? How cheap will it need to be before you feel it is justifiable to enter? And by that time most sharks would have lapped up the choicest properties. Happens every downturn be it shares or property.
rakyat
post Sep 14 2010, 09:22 AM

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QUOTE(Onemorething @ Sep 14 2010, 03:08 AM)
That is the magic question!

RE is not liquid so just say no!

Preferred shares - Banking - Utilities yielding 5-7% is fine!

5% Gold 10% Silver

Cash - USD YEN SWISSY in that order!

Agriculture & Aquaculture feeding asia

Volatility is the play and if you dont day trade stay clear of it. 

Remember at this stage a 5-7% return is excellent!

A 10% loss will be manageable!

Stay Liquid always to move with the volatility and maintain a flush position and you will be a star!
*
You wanna bring noobies to Holland-ah?

USD & Yen will remain weak as part of their fiscal policy to bring their economy out of doldrum. You will do better in short term speculating on AUD and RMB

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