Some say that property investment is the best tool to invest your money but there is always a risk of buying a bad property ,so what is your worst property investment ? come share your experience, this could be a good reading ground for newbie that thinking to start invest in real estate.

so all the real estate sifu come share ur story

what is your worst property investment???

This post has been edited by OnOne: Feb 3 2011, 01:30 AM

i think people who bought property at bukit beruntung area 10-15 years ago
any experience wanna share here

Buy any talam project sure regret

Yup, Bukit berRugi.

which developer?

plenty of ppl losing money in

NZX project

puncak dana

selayang capitol

desa complex

ue3

puchong air itam project.


and this is just a tip of the ice berg

If failure why is NZX subsale price is still so damn high? Maybe ppl got a lot of money to hold.

This post has been edited by webby88: Oct 13 2010, 10:03 PM

Bukit Antarabangsa. One more landslide and the place be haunted forever

check also platinum damansara
http://wikimapia.org/5808831/Platinum-Damansara

Hi 0106127,

Care to share more about puchong air itam project? Where is the project? Thanks.

Bought a piece beach land. And the government take back the land and offer the 70% of the price that I have initially bought for the land. Loss 30% investment.

tats the risk of land banking.
if not for the gov to acquire the land... u will be making handsome money

I think my parents bought a house in cyberjaya, extremely bad returns . 500 ringgit rent for a 165k house. Afte 8 years the house price increase to a puny 180k.

This post has been edited by Drian: Oct 14 2010, 11:05 AM

i got to know an investors that bought an apartment at 160k many years ago..
and now renting 1500 pm

165k is double storey or single story?

My mom bought a Talam house. Oh well

talam if puncak jalil landed ok i guess.

My own house bought 10 yrs ago during the peak, was inexperience and kena conned by agent's "If u don't pay deposit now, some1 else wanna take oredi"

The bardy 15 yo house at that time bought at RM235k (asking was RM240k, got RM5k discount only) after 10 yrs can only sell RM250k to RM280k rental RM800 per mth. Sumore facing west!!! Go 2nd floor in the evening like masuk Sauna!!!

Oso lotsa problem such as roof leakage, tiles poping up, toilet rosak..... oredi spent >RM60k to fix, insulate roof & minor renovate. If sell today, not only lose opportunity cost but oso renovation cost.

Worst investment ever

This post has been edited by rakyat: Oct 14 2010, 02:23 PM

Did u get a lawyer to represent u? If not then too bad, usually lawyers can fight n get u a higher price.. they wil use their own licensed valuation guy n fight for u but u need to pay the 10% - 30% from the amount tat they managed to get - the amount government offered...

No need to fight la. Waste money and time. I've already negotiate to the maximum offer. Others land owners loss -50%.

Anyway, this bad investment is only less than 1.5% from my land bank portfolio. My other investment is healthy.