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Old November 21st, 2017, 01:01 PM   #10721
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Old November 21st, 2017, 01:03 PM   #10722
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Quote:
Originally Posted by EzadHfizy View Post
The new Iskandar Puteri City Council office tower.. - Majlis Bandaraya Iskandar Puteri (MBIP)

located in Zone B, Medini city, Iskandar Puteri..

https://m.facebook.com/story.php?sto...00021609964741
MBJB new office is also U/C at OBS...
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Old November 21st, 2017, 06:57 PM   #10723
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Originally Posted by LoveArki View Post
Yes, please remove the bumi-lot or at least reduce the quota.
I heard when bumi bought bumi lot and when they want to sell, they are restricted to sell their unit to only bumi.

Which is why many capable bumi, if possible, not willing to even buy bumi lots.
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Originally Posted by scMalaysia View Post
China developer? The first character in the blue bar selected a wrong word. Should be 竖, instead of 树. If it is malay, sure kena dewan bhs pustaka ppl tangkap and fines.
Quote:
Originally Posted by Vince View Post
Maybe this will scare you, finally....

https://www.nst.com.my/opinion/colum...lut-whos-fault

You guys should also know that the Asian Financial crisis of the late 90s started when Thailand saw property glut by building too much. I guess we never learn.
Nah... crisis not gonna happen. Just like car market, we have oversupply of ferrari, lamborghini. But we do not oversupply, instead we undersupply proton. Even toyota honda also high demand. If ferrari can drop to mercedes price, surely instantly will be sapu up by the rich locals here.

Every category (low cost, medium cost, luxury) ppty price back in 1997 was all kena affected. IS more of a financial system problem back then, like car loan cannot get as banks all kena.

Yea, agree we will never learn history, history always repeat itself again and again. Just this time, the price will stagnant or drop slightly for a few more years longer. Problem will be much more severe for high end property market.

DO NOT think ppty market as one, it is made up of many components. Systemic ppty market crisis will be more of a country problem, with sudden shoot up in unemployment, natural disaster or systemic failure of the financial system.
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Old November 21st, 2017, 07:09 PM   #10724
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Forest City @ Iskandar Malaysia - 21.11.2017.





Forest City @ Iskandar Malaysia - 21.11.2017.
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Old November 22nd, 2017, 06:09 AM   #10725
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Quote:
Originally Posted by Vince View Post
Maybe this will scare you, finally....

https://www.nst.com.my/opinion/colum...lut-whos-fault

You guys should also know that the Asian Financial crisis of the late 90s started when Thailand saw property glut by building too much. I guess we never learn.
asian financial crisis happen 97/98
subprime crisis that leads to temasek & GIC supposedly losing s$100 bil happen in 08
now is 2017 entering 2018

PTT the world tallest building was built during 97/98
burj khalifah the world tallest building were built during 08
kingdom tower the world tallest building were under construction right now


see a trend yet?

its not that we never learn. it is simply because that's how the world works
https://en.wikipedia.org/wiki/Business_cycle

its fun to scare people with apocalyptical prediction. but recession is not all bad. it when government all over the world dipped into their funds and built big ticket infrastructure project
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Old Yesterday, 09:15 PM   #10726
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Quote:
Originally Posted by daeng_jal View Post
asian financial crisis happen 97/98
subprime crisis that leads to temasek & GIC supposedly losing s$100 bil happen in 08
now is 2017 entering 2018

PTT the world tallest building was built during 97/98
burj khalifah the world tallest building were built during 08
kingdom tower the world tallest building were under construction right now


see a trend yet?

its not that we never learn. it is simply because that's how the world works
https://en.wikipedia.org/wiki/Business_cycle

its fun to scare people with apocalyptical prediction. but recession is not all bad. it when government all over the world dipped into their funds and built big ticket infrastructure project
Yup, and a whole generation of middle class folks lost their savings. I guess if you think it didn't hurt you, you become siok sendiri. That's how the world works right?

As for Forest City, why don't you go buy a unit there? Can't afford because you can't compete with the very rich? There you go, a shrinking middle class who can't afford even the flats in your own city/country.
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Old Today, 05:53 AM   #10727
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Quote:
Originally Posted by Vince View Post
Yup, and a whole generation of middle class folks lost their savings. I guess if you think it didn't hurt you, you become siok sendiri. That's how the world works right?

As for Forest City, why don't you go buy a unit there? Can't afford because you can't compete with the very rich? There you go, a shrinking middle class who can't afford even the flats in your own city/country.
It's all about target market... U can't expect Forest City to sell cheap units... U must look at the total cost of investments they did... Reclaimed, consent, taxes & other factors...

There are plenty of affordable units still available in JB... There are actually units for flat below RM160K... I guess people must be very selective & smart to buy any units in JB...

As for Forest City, you've got points to be nagging because of the massive U/C which will add up the total number of units in JB... This massive development also will slow down JB's high rise growth due to the restriction or on hold status by the authority in order to keep supply & demand in a balance condition... Forest City is too massive for a growing city like JB... They must scaled down... I understand what U are trying to say here...
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Old Today, 09:30 AM   #10728
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Quote:
Originally Posted by Vince View Post
Yup, and a whole generation of middle class folks lost their savings. I guess if you think it didn't hurt you, you become siok sendiri. That's how the world works right?

As for Forest City, why don't you go buy a unit there? Can't afford because you can't compete with the very rich? There you go, a shrinking middle class who can't afford even the flats in your own city/country.
then what

you want the world to turn it back on their monetary policies and return to the good all days of gold backed currencies?

so its always better to stop living in a fairy tails and grow up a bit. ignorance isn't an alasan that can be used in court even pretty sure it didn't apply for heaven entrance either.. if you lose your money gambling in a risky investment, the first person you should blame is yourself.

again on the subject of fairy tale. no middle class CAN afford to live in their central part of their city. why single out a project, you think everyone can just go walt in and get a unit in mount kiara, gurney drive, tanjung tokong, cyberjaya nor PJ and damansara?

its not just malaysia,asean, rich or poor country. it is what it is because of globalization and capitalism. if you don't like it, fell free to promote or go move to a pure xenophobic or communist country



off course the world isn't fair and most human are kind of a d**k. if it isn't, then there's wont be a need for heaven wouldn't it?
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