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  Faiza undervalue stock sri damansara club land market value Rm250psf, cost rm3.50. GDV rm2b tp 30 28/12/2020 9:30 AM Qiu Shou Dong Cang Dah sampai Ipoh. Bus pump lagi 135 litre petrol untuk ke Kuala Kangsar. 28/12/2020 10:16 AM tkl88 Kion11, i just wanted to let everybody know that now is the right time to catch the big bull, the bull market just starting, this might be one of just few time in your life time to making big profits for your early retirement... If you didn't interest on making monies from stock investment, just ignore those messages... 28/12/2020 4:46 PM tkl88 tomanhead, little bit lar, i already told your to buy steel theme stock earlier in i3, today you see my post on steel price spike up like mad's news, enter in the early morning, still can make a hugh profit of around 30 % 40 % ++ on most of the the steel counters... The next counters to spike up will be O&G, property & construction stocks ! So, should sailang earlier before too late ! Huat ah ! Heng ah ! Ong ah ! 28/12/2020 5:25 PM jack2 Sri damansara club house land 36 acres convert to dev project - GDV RM2 B, launching mid this year Bukit Beringin palm oil land 2400 acres convert to mixed development and theme park in the future - GDV RM100B 07/01/2021 12:22 PM orange11 if drop to 5cts, dun woorry send the truckers to my warehouse, COD Posted by BearishTrend > Jan 9, 2021 1:57 PM | Report Abuse Just buy if hit 5cts next week 11/01/2021 10:25 AM meadow1628 Property sector on recovery path Wednesday, 20 Jan 2021 https://www.thestar.com.my/business/business-news/2021/01/20/property-sector-on-recovery-path PETALING JAYA: The property sector is poised for recovery in 2021, driven by a better economic outlook and historically low interest rate environment as well as pent-up demand. Maybank IB Research expects buying sentiment on properties to improve in anticipation of a better economic outlook this year. It also opined that sales for the first half of this year would perform better than the second half as buyers are expected to make full use of the Home Ownership Campaign (HOC) 2020 before it ends on May 31,2021. “Property sales spiked up in May-June 2019 before the government extended the HOC 2019’s timeline to end-December 2019 from June 2019. “We reckon a similar buying pattern may repeat and there could be a rush into buying property before the end of HOC 2020 on May 31,2021, particularly for properties priced above RM500,000, ” it said. Last year was a challenging one for developers as the property sector faced a triple whammy of oversupply, a weak economy and the coronavirus pandemic, which led to various phases of the movement control order (MCO). During the initial phase of the MCO, construction works were halted completely while sales galleries were closed for months and this led to weak sales and earnings performance in the first half of 2020. Most of the developers under Maybank IB’s coverage had recorded losses in the nine-month period of last year, partly due to huge impairment losses. While developers acclimatised to the “new norm” through digitalisation and virtualisation and aggressively marketed their products online, the government had also introduced a few policy easing measures during the Penjana last June. These included stamp duty exemption on the instruments of transfer and loan agreement for the purchase of residential homes priced between RM300,000 and RM2.5mil, real property gains tax exemption for the disposal of residential homes from June 1,2020 to Dec 31,2021 and the lifting of the 70% financing margin limit on the third property onwards. Stamp duty exemption on instruments of transfer and loan agreements for first-time home buyers for residential properties up to RM500,000 was also extended until Dec 31,2025. These incentives, together with additional rebates offered by developers, will help reduce upfront costs related to property purchases, Maybank IB noted. “Fiscal policy remains expansionary via Budget 2021 with a record spending allocation of RM322.5bil that includes an all-time high gross development expenditure. “We also expect Bank Negara to stay accommodative to enable sustainable economic recovery and maintain the record-low overnight policy rate (OPR) of 1.75% until end-2021. Any change in the OPR this year will be cut(s) rather than hike(s), we believe. These will help to entice the potential property buyers into the market due to the cheaper costs for property purchases, ” the research house added. Operationally, Maybank IB thinks developers are on “cleaner ground” post-kitchen sinking in 2020. The second MCO is expected to have a lower damage impact on sales. However, Maybank IB highlighted that there are still risks to the sector, including political stability post-Emergency. Based on its observation, demand for big-ticket items such as properties usually drops around six months before a general election. Additionally, the economic recovery is reliant on the successful rollout of vaccines. It also cautioned that the recovery in the local property market may be set back by the jump in the number of auctioned properties when the additional six-month targeted repayment assistance scheme expires end-June 2021. “While demand-supply rebalancing will still take some time, we think the worst is over and homes sales may have hit bottom already and should improve year-on-year in 2021 on the above mentioned factors.” 20/01/2021 11:17 AM  |
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