I would like to know from all your opinion is the right time to get a property now as the economy is bad?

If yes then will it be landed property or condo type better? lease hold or freehold?

Looking for new development around Petaling Jaya. Most probably for own staying or investment. Any suggestion? Price range around 300-400k

Thanks.

Regarding your first question; there's a long debate in this pinned topic: http://forum.lowyat.net/topic/741185

Landed vs condo depends on individual preference.
Leased or Freehold obviously lots would tell you freehold is the better choice. Here is the discussion: http://forum.lowyat.net/index.php?showtopic=439484&hl=

Don't buy, you can rent from me.

Seriously TS, you need to be sure what you really want.
Invest or own use. Without a clear mind, not much I can give you opinion on.

i want to ask the similar question, more on the 'where'
I have a child for primary, so neighborhood with chinese school and convenient for elders to move around without car is a big plus. Please comment as much as u can!!!

Thanks.

I want for own use.

I am in JB, still want my comments?

why not?

If you ask me, i pick condo for investment. Let me give u an example.

Subang jaya link house (SS17/SS19/USJ 3/USJ11)
Unit cost: RM300k-350k
Rent for partly furnished: RM900 only average

Sunway Condo (Leasehold)
Empty unit cost: RM190k-210k
Rental for empty/bare unit: RM 1300 average.

Cyberjaya Condo (Freehold)
Empty unit cost: RM200k-220k
Rental for empty/bare unit: RM 1300 average.
Rental furnished unit: RM1800-RM2000

But for staying, i prefer landed. Hehe.

@secretsquirrel
What is your budget range? If youre starting a family, you better get landed from most people i talk to. A 1000sf unit will start to cramp in no time.

Location: Tampoi

This area has it's value drop after it's first built 10 years back.
About 2007, when the Singapore dollar is all time high.
Chinese from all around Malaysia came to JB and comute everyday to work, which it's in Singapore.

The current exchange rate is 2.40, which make staying in JB a very lucrative offer.

Now with low supply of rental units, the rents in some units actually went up. In addition to the lower interest rate, a low cost unit selling for 42k, can easily achieve cashflow of RM100 a month.
The rent of this unit just went up from RM380 to RM450.

own stay or investment?!?

that's 2 very different ballgame altogether..
do remember this, "profits are made when you buy, not when you sell"

profits are made when u buy? meaning? I thought buy low sell high?
but for now it's own use but in the future might be selling off.

Just found the area that I am investing just posted in one of the blogs.
I have the same apartment as the blogger.

How to increase the return of an investment property to more than 20%?

I was looking at the Casa Indah 2, it's 430k + with 1 car park, is it worth to get it now?

Woh casa indah 2 is already at 430k? When i was surveying casa indah 1 is only 3xx k. IMO that area has too many condo/apartment, although the location is good, just beside the main road.

hmm ya main road but any effect if in main road? but I went to the show unit not bad too even it's facing main road.

if not u have any other suggestion?

the quote is hidden in a book i once read.. ponder about it and it makes perfect sense.
but the tough part is.. you have to read more.. way more than what you're doing today.

otherwise, you only know what's "buy low, sell high"...

go for klang valley..you never go wrong...

And would probably "buy high, hold and pray it would go up".

+1
musical chair syndrome..

but one thing bothering me is you borrow 200k+- but if pay loan it will be 400k+- for 30years let's say. it's almost double up?