JungjungWah Somdejking u are good leh. The price never go down to 2.36 this round but u can avg down to 2.36. You vely good
JungjungYesterday 2.34,35,36 was vely little done but u can do it..how many shrs u hold arh??
Jungjunghow did you do it ar? At the point you were talking mths ago alredi 2.8x to 3.xx. Tell LAH more credible lie.wakakakak
JungjungWant to laugh again..laughmedie . Even if he bought at 2.40 the volume at 2.34,2.35,2.36 vely vely little lor.how did he manage to avg to 2.36? Bluff also must pandai pandai lor. You mean you have been here for so long asking to buy but you never bought..??
Somdejking King average down to 2.36 , to day already make money. 14/10/2014 15:32
SaturnReturnsADR residency Danga Bay snapped up 80% in 2 days, I&P merger with SP Setia, No further tightening of property sector in budget 2015, Euro into property, OSK poise to be a major property player with the merge with PJDev, E&O STP2 poise to be the largest single GDV, 20,000 affordable housing announce for budget 2015....
A little while ago, to be exact moons ago I wrote a comment on property being a tangible asset that can appreciate. This makes property highly hedgeble during these difficult times. The ones who will take helm are the Property developers with the largest scale of marketing in various countries. Note that ADR in Danga Bay is a luxury condominium and not just an inflated priced property. These buyers are not your typical buyers that go for pricing of a million or two. Today's foreign buyer must buy property above rm2M and no longer rm1M. This means that a very selected property will have high take up rate which is premium. However this may not go well with ALL developers in Iskandar. Country garden took weeks from launch date to cover 65% take up.
SaturnReturnsCountry Gardens too sits on Danga Bay with other developers like Tropicana.
What I m trying to share here today is this, if prices of thing have gone up and demands are selective, and base on economic of scale, it's more worthwhile to build luxury condos than just a highly price ones. The difference being a luxury condo must sit on a premium land with a landscape and integrated development of a certain premium quality. This is so because buyers at this category do not really have issue securing loans while banker are also happy to entertain them as the deal is more secure apart from the buyer changing their minds.
Hence we need to be clear why and where we are intending to place our bets. My other option are counters with the best take over value. Remember these company merging have no intention to take the secondary company private. Why? This is because securing loans are hard to come by and market capital are their best bet. Hence company that have the most value and secure projects r the best bet
Somdejking Kingits just a story , every body likes to tell stories.and today closed at rm 2.54, if I bought at 2.36 that's .18 cts profit.
SaturnReturnsUS top producer of OIL already. Say bye bye to Russia and suppressing ISIS income temporarily. On the other end, this means controlling stake taking place. The damage will come from US before they are overtaken again. For now many many backend handshake and partners sleeping with brotherhood. Don't understand? The message is not for you.
SaturnReturnsOperating ownership charges in Malaysia is cheap esp for foreign buyer. This operating ownership include maintainence charged, assessment, quit rent, rental tax and so on. While ringgit is easily suppressed at will, this makes Malaysia a real investors haven. This is because, foreign property investors only need to worry about inflation in Malaysia (which is happening all around the world anyway) and they can compensate it with their stronger foreign currency. As Hse or property are ongoing, and foreign property investment for outsider must top RM2 Mil, more and more developer with premium land will engage luxury category while those others which hold less premium land banks will opt for volume sales against a more affordable housing backdrop. In short, judging from the difficulty to secure loans locally, 2015 will be marred by high purchases by foreign property buyers vs volume buyers for outskirt property of lower cost. This may play in handy for developers who wants both end of the pie to start acquisition to ensure expedited growth