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The investment thread (Finally)

Discussion in 'A Singaporean's guide to Living In JB' started by wuqi256, Mar 25, 2012.

  1. Relaxman

    Relaxman Alfrescian Old Timer

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    I am quite sure SP Setia is kaput!! These will also effect all properties in Malaysia developed by SP Setia.
     
  2. freedom

    freedom Alfrescian Old Timer

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    Heard London property price will drop and with weaker pound is a double whammy...
     
  3. xebay11

    xebay11 Alfrescian Old Timer

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    No different from those that bought in Johor.
     
  4. freedom

    freedom Alfrescian Old Timer

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    Properties generally appreciated in JB I believe, at least mine did based on recent transactions...and based on new launches setting benchmarks...:)
     
  5. mpan12

    mpan12 Alfrescian Old Timer

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    Spot on! Likely gonna be worse in the years to come.
     
  6. Relaxman

    Relaxman Alfrescian Old Timer

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    Just avoid investing in SP Setia properties. The company is very shaky now. Terrible workmanship is expected too.
     
  7. freedom

    freedom Alfrescian Old Timer

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    There is a Bloomberg article that says that Sg properties may benefit from Brexit and imo, if it does, there will be spillover effects in Iskandar too...
     
  8. Stevewish

    Stevewish Alfrescian Old Timer

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    Eco Sanctuary in Singapore?
     
  9. freedom

    freedom Alfrescian Old Timer

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    UOB agrees with me that UK property will likely drop in value.... They suspended loans to buy UK property....
     
  10. freedom

    freedom Alfrescian Old Timer

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    Just realised that Sg banks started offering loans for Malaysia properties in 2013 which is a sign that they also believe they make good investment...
     
  11. xebay11

    xebay11 Alfrescian Old Timer

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    Why you so sour grapes?
     
  12. freedom

    freedom Alfrescian Old Timer

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    What is so sour grapes about what I said? Just stating facts....
     
  13. freedom

    freedom Alfrescian Old Timer

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  14. Manhattan

    Manhattan Alfrescian Old Timer

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  15. xebay11

    xebay11 Alfrescian Old Timer

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  16. Tekkun

    Tekkun Alfrescian Old Timer

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    Buy where land is limited. London has limited land. UK has limitless land.Same in Singapore. It has limited land. Not the same in Malaysia. It has limitless land.

    Time to be a real investor for those with war chest as pounds is cheaper by 15%. For those without cash, can only look from sidelines as banks do not want to lend. Sour grapes as one may call it.
     
  17. mpan12

    mpan12 Alfrescian Old Timer

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    Yup. The worst is to read all these articles written by Malaysian press which has links or some relation to the property market. Same goes to those Malaysian property talks.

    In today's climate, whoever keeps drilling that Iskandar properties have bright prospects are likely linked to property developer, some property agency or agents, marketers, etc.

    Listing down companies which are moving into Malaysia to setup their companies does not mean the properties there will boom. There are other factors to consider. I won't type them down here for now. (Hint: You got to think broader.)

    The real investors know the real dire situation behind Iskandar with respect to its oversupply of properties coming up, lack of critical mass, etc. It's been said and analysed to death. These analysts and investors have moved on instead of dwelling over this same issue. They have already looked at other investments elsewhere.

    If anyone is still very hard-headed, go talk to Malaysian authorities who have no vested interest in property selling in Malaysia, especially Iskandar. Hopefully, they will be able to convince you of the true picture.
     
  18. mpan12

    mpan12 Alfrescian Old Timer

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    Many Malaysian banks have also made borrowing a lot stricter for Iskandar properties. I throw back the same question: Does it mean Iskandar properties will drop in value?

    As far as UK properties are concerned, the rich are eyeing with eagle eyes. If you need to gloat at buyers of UK properties or wonder if the prices will start to fall because banks are cutting their loans, it means you are not rich and out of the league.

    Those guys don't loan. They pay in CASH.
     
  19. Tekkun

    Tekkun Alfrescian Old Timer

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    Last Monday, I bought GBP @ RM 5.35. Today, it is RM 5.27
    Last year June 2015, it is RM 6.50. Forex difference is 20%.

    Just wait and get low price properties with low forex rates. Buy Crossrail properties. Buy Zone 1. Most Londoners do not have money. It is the foreigners who have plenty of cash. Yup, if you are talking about loans, then you are not qualified. Different league altogether.
     
  20. freedom

    freedom Alfrescian Old Timer

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    The fact that banks do not want to lend sounds warning bells to investors cash rich or not, does it not?
     

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