QUOTE(UFO-ET @ Sep 29 2010, 11:48 PM)
In Malaysia, a house is not only playing a role as a home for living, it also provide "Insurance protection", unlike Singapore, China, their currency is strong, Ringgit against Singapore has been devalued from 1.1 to 2.4, what about the next 30 years? improve or getting worse? See what happen in Zimbabwe, a bread which cost $1 in 2000 is cost $70,000 now (in Zimbabwe note), if you are Zimbabwean and have $200,000 in 2000, what would you do? buy property or keep as fixed deposit in bank? obviously the later is a disaster
, of course Malaysia would not go to the that extend, but I dun trust paper print currency notes, it is only paper.
Buying gold or property is alternatively the best instrument to safeguard our money in hand..just for sharing
Well said & i agree with u that hard tangible assets are the best hedge against inflation! And i like u very much!!Buying gold or property is alternatively the best instrument to safeguard our money in hand..just for sharing
Added on September 29, 2010, 11:59 pm
QUOTE(UFO-ET @ Sep 29 2010, 06:30 PM)
Kinrara Residence 888K (3317sf) = RM267/sf. Esplanad 1.0 mil (3180sf) = RM314/sf. Jalil Sutera 960K (3038sf) = RM316/sf. The fact is In Bandar Kinrara BK9 (Senja, Sinar, Spektra, cahaya) - 1745sf is selling 630K (RM361/sf), Hening 2000sf at 720K (RM360/sf), Permai 2024sf at 730K (RM360/sf)
Bukit Jalil should stands a class above Bandar Kinrara which shd be RM360/sf at least which means Esplanad fair value is 1.14 mil and JS 1.09 mil (-12% and -11.9% below mkt value), worth buying.
although Kinrara Residence is leasehold, given it's advantage in terms of the concept & benefits, fair deal shd stands at RM330/sf, which means it shd fetch a value of RM1.09 mil now (-18.5% below mkt value), worth buying..
Note : DesaPark City are traded at RM645/sf, 1 Utama RM440/sf, Putra Heights new hse RM310/sf, SP Setia Alam is selling RM270/sf now
Might i also add going strictly by a builtup psf that Bdr Kinrara BK6B superlink Adora 988k (3039sf b/up) = RM325 psf, not to mention it sits on a 34x80 2720sf l/a.Bukit Jalil should stands a class above Bandar Kinrara which shd be RM360/sf at least which means Esplanad fair value is 1.14 mil and JS 1.09 mil (-12% and -11.9% below mkt value), worth buying.
although Kinrara Residence is leasehold, given it's advantage in terms of the concept & benefits, fair deal shd stands at RM330/sf, which means it shd fetch a value of RM1.09 mil now (-18.5% below mkt value), worth buying..
Note : DesaPark City are traded at RM645/sf, 1 Utama RM440/sf, Putra Heights new hse RM310/sf, SP Setia Alam is selling RM270/sf now
This post has been edited by Daryl Teo: Sep 29 2010, 11:59 PM
Sep 29 2010, 11:55 PM

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