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Financial Buying new property, is the right time now? where?

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TSsaimatkong
post Apr 26 2009, 11:47 PM, updated 17y ago

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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.
TSsaimatkong
post Apr 27 2009, 03:25 PM

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QUOTE(b00n @ Apr 27 2009, 02:55 AM)
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=
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Thanks.

QUOTE(jasonhanjk @ Apr 27 2009, 06:07 AM)
Don't buy, you can rent from me. rclxms.gif

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.
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I want for own use.
TSsaimatkong
post Apr 28 2009, 10:10 AM

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why not?
TSsaimatkong
post Apr 28 2009, 01:16 PM

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QUOTE(lwb @ Apr 28 2009, 01:04 PM)
own stay or investment?!?

that's 2 very different ballgame altogether..
do remember this, "profits are made when you buy, not when you sell"
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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.
TSsaimatkong
post Apr 28 2009, 05:49 PM

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I was looking at the Casa Indah 2, it's 430k + with 1 car park, is it worth to get it now?
TSsaimatkong
post Apr 28 2009, 09:52 PM

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QUOTE(Coconut @ Apr 28 2009, 05:57 PM)
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.
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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?
TSsaimatkong
post Apr 30 2009, 01:54 AM

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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?
TSsaimatkong
post Apr 30 2009, 05:09 PM

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QUOTE(morpheuzneo @ Apr 30 2009, 12:39 PM)
i think to wait further to buy a house.. would be to miss the boat lah.

i just bought a house somewhere in my dream location.

previously the house around that area is put on offer for RM420k.. , but now i got it at RM380k.

i would say it's a good deal then.., since the buyer also bought it at 400k.

don't wait lah.., if you got money, and you plan for own use and long-term stay there .. go and grab the bargain now.

smile.gif

psst.. you can wait more if you're hoping few millions of human will be wipe of from the world due to this Swine-flu pandemic..! maybe there's panic selling?
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where's the location if you do not mind telling.
TSsaimatkong
post May 1 2009, 11:24 PM

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wow that's a lot more things to know before getting a hse... but I could only get 50% of what you all discussing here. pai seh. blush.gif

 

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