HOME  -    PROPERTY ADS   -   DISCUSSION FORUM   -   REALTORS   -   LINKS    -   CONTACT US



Realtors and Real Estate Agents - Sign Up for Free Account at Property.net.my >>


Malaysia Real Estate
Malaysia Real Estate Portal
 
 FAQFAQ   SearchSearch   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Property bubble going to burst?

 
Post new topic   Reply to topic    Malaysia Real Estate Forum Index -> Property Market Analysis
View previous topic :: View next topic  
Author Message
Marlboloh



Joined: 08 Nov 2010
Posts: 1

PostPosted: Mon Nov 08, 2010 1:24 am    Post subject: Property bubble going to burst? Reply with quote

Had a dinner with a friend of mine who works in loan department for an international bank. According to him, internally, his bank foreseen the bubble of property market in Malaysia, especially in KV, is going to burst very soon. Reason: all new launches are very expensive, way above average Malaysian capita income but still sold out within a week. Most buyers can't really afford the property but attractive offer from developers ie 0% installment till completion of property, make most buyers to think this is a better opportunity to make investment. They will sell the property upon completion at a profit. Sooner or later, market will be flooded but demands getting lesser. Those who can afford it have already make purchase, those who can't afford it will stay away. But the owner of the said property is not capable of paying the monthly installment on long term. Easy way out: auction the property at a lose
Anyone can share his/her opinion on this.
Back to top
View user's profile
beekay



Joined: 09 Dec 2009
Posts: 176

PostPosted: Thu Dec 02, 2010 9:29 am    Post subject: Reply with quote

There is NO property bubble. Yes new launches are very expensive, but look at those older houses >5 years old, most still selling at very affordable prices. Take for example in Bandar Kinrara Puchong, brand new Intermediate terrace house (QASEH) developer price RM945k, but nearby 1km away, 10 year old Intermediate terrace house only cost RM450k. So it this a bubble? Certainly not.
Back to top
View user's profile
Felix07Richerd



Joined: 04 Aug 2010
Posts: 110
Location: Canada

PostPosted: Wed Dec 08, 2010 7:21 pm    Post subject: Reply with quote

You are telling the true, I also have same opinion about this.
Back to top
View user's profile
jcvstlys



Joined: 18 Mar 2008
Posts: 25

PostPosted: Sun Mar 20, 2011 2:38 am    Post subject: Reply with quote

The bubble is only happening in Mont Kiara and KLCC
_________________
Subscribe here for the latest property seminars and updated listing of properties for investment!

Malaysia Properties
Back to top
View user's profile
venice_sia



Joined: 18 Mar 2011
Posts: 11

PostPosted: Tue Mar 22, 2011 9:16 am    Post subject: Reply with quote

would like to ask some professional opinion...

1. how much is the SemiD in damansara perdana rafflesia worth whereby different agent selling different prices n some r really ridiculous for the same type of house...i'm here particularly asking Type A phase 1 semiD...when the property launch is about 1.4M onwards...now they are asking 1M more for an empty house...

2. is not the best area for that type of price, developer promised to complete all the projects by this year, but now not even quarter finish...moreover, not proper foundation, close to tension wire, constant delay...even the bank adjuster doesnt quote that much, how should i nego with the owner and agent?

PLEASE ADVICE from any parties,especially from real estate experts and investor..
Back to top
View user's profile MSN Messenger
beekay



Joined: 09 Dec 2009
Posts: 176

PostPosted: Sun Apr 10, 2011 10:56 pm    Post subject: Reply with quote

If seller wants RM1MIL profit, and you willing to "donate" that RM1MIL to him, that's your decision. Otherwise just walk away and look somewhere else. There are much much better properties than Rafflesia, which is LEASEHOLD! Better just go for FREEHOLD else where. Trust me your future generations will THANK you for a FREEHOLD than a depreciating LEASEHOLD property.


venice_sia wrote:
would like to ask some professional opinion...

1. how much is the SemiD in damansara perdana rafflesia worth whereby different agent selling different prices n some r really ridiculous for the same type of house...i'm here particularly asking Type A phase 1 semiD...when the property launch is about 1.4M onwards...now they are asking 1M more for an empty house...

2. is not the best area for that type of price, developer promised to complete all the projects by this year, but now not even quarter finish...moreover, not proper foundation, close to tension wire, constant delay...even the bank adjuster doesnt quote that much, how should i nego with the owner and agent?

PLEASE ADVICE from any parties,especially from real estate experts and investor..
Back to top
View user's profile
venice_sia



Joined: 18 Mar 2011
Posts: 11

PostPosted: Mon Apr 11, 2011 8:45 am    Post subject: Reply with quote

thanks alot for the opinion..how about tivoli in bangsar?

i'm still new in buying house and do not know how's the market goes...

would anyone please kindly answer few queries of mine?

1. tivoli villa in bangsar is it a worth buy?

2. i like the pool view unit, from what i've researched, just last year mid of May, they are asking for 460k for pool view, this year,now is just April, agents and house owner are asking 780k...can i ask, how's all this prices keep going up like no body business..is that right that they can just simply sell house at those price?

please help me out here...thanks
Back to top
View user's profile MSN Messenger
stea2221



Joined: 26 Aug 2007
Posts: 30

PostPosted: Mon Apr 11, 2011 9:53 pm    Post subject: Reply with quote

How about valencia....leasehold but w a lot of upsides
Back to top
View user's profile
venice_sia



Joined: 18 Mar 2011
Posts: 11

PostPosted: Tue Apr 12, 2011 9:22 am    Post subject: Reply with quote

it would b nice if i can stay there, but it's too far out for me..i'm working in PJ, so i prefer sum wer ard here, any suggestion?
Back to top
View user's profile MSN Messenger
jazzys



Joined: 09 Aug 2011
Posts: 1

PostPosted: Tue Aug 09, 2011 10:22 am    Post subject: Reply with quote

I need opinion where is it a good price at RM328K to buy Perdana View Condo - 890sf at this moment?
Heard many ppl saying that the property is going to burst predicting after CNY.. Rolling Eyes

Please advise..
Back to top
View user's profile
KSC



Joined: 01 Aug 2008
Posts: 34

PostPosted: Fri Oct 07, 2011 9:43 am    Post subject: Reply with quote

Many signs tell me our property market will be imploding soon. Here are some of them;-

1) I personally know many rich and savvy investors unloading their investment properties because they think it has peaked and about to tank.

2) You get mailers from prime location developers asking you to attend their soft launch and pay a certain amount and nothing more until completion. These are the same developers who wont entertain you when you visit their sales offices because all properties were sold or reserved for insiders.

3) You hear more positive public statements from people with vested interest in the property industry- bank executives, housing developers association, developers and real estate agents. Do you expect them to say that the property market has softened and going to tank? Their livelihood depend on it.

4) Signs of wide spread recession this time round. Emerging economies escaped the last recession, it wont be spared this time round. While the last recession was precipated by the USA, the next one would most likely be caused by an imploding Europe. Maybe Greece would be the catalyst that triggers the start of another contagion. Also, China's economy is slowing and they have their own property bubble to worry about. China may experience a hard-landing.

If the property bubble burst, cheaper propeties are not spared. The only difference is the quantum.

As for me I am raising cash and waiting for the next big opportunity.
Back to top
View user's profile
goBetong



Joined: 06 Oct 2007
Posts: 39

PostPosted: Wed Oct 26, 2011 7:13 pm    Post subject: Reply with quote

Keeping cash ????

At this time of super-inflation with running away food prices, government dishing handouts/salary adjustments in the latest budget, QE 2, 3... in US/Europe.

Keep your cash and 5 years down the road, it's good enough for use as toilet papers.
_________________
Betong - paradise nearby
Back to top
View user's profile
sipu



Joined: 20 Mar 2010
Posts: 12

PostPosted: Thu Oct 27, 2011 8:04 pm    Post subject: Reply with quote

hahahaha! my sentiments exactly Laughing
Back to top
View user's profile
Felix07Richerd



Joined: 04 Aug 2010
Posts: 110
Location: Canada

PostPosted: Tue Feb 14, 2012 3:02 pm    Post subject: Reply with quote

this is really good time to invest in real estate. real estate market would boom shortly. You know exactly what the reason is to buy a property, there will be much easier to keep everything in focus clear.
Back to top
View user's profile
Display posts from previous:   
Post new topic   Reply to topic    Malaysia Real Estate Forum Index -> Property Market Analysis All times are GMT + 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum



This is a free forum intended to foster communication between all users.
Hileytech Sdn Bhd does not guarantee the correctness or validity of postings, nor does Hileytech endorse any postings. No posting or contents in this forum can be copied and reproduced without prior permission from Hileytech and the owner of the posting. All other names and marks are trade names, trademarks or registered trademarks of their respective owners.
Powered by phpBB, Another web site by www.hileytech.com,Forum Archive
Tel : +603-89449965, +603.89449365 ::  Fax : +603-89440665 :: hiley@hileytech.com