I believe you interpret my post wrongly.

Those just vp mostly becoming this topic.
Especially those compress loan to buy in peak in ulu area.

She is now on new method of posting. Underline and the re-interpret others 🤣🤣🤣

I'm sure this year and next year this thread will become even more popular.

Agreed..

Brace and buy the dip.

The dip is only halfway through...watch prices in Q1 next year. That's when you start buying the dip.

This post has been edited by BeastB: May 20 2019, 09:39 PM

Worst?

Property Name : The Avare.
Location : KLCC.

Price paid in 2008 : RM7XXpsf (with a small rebate)
Size : 3800sf.

Price sold in 2019 : RM830psf after trying for 2 years.

That however wasn't the worst part to it.

The actual worse thing of it was the shocking build quality for such a development. Promised a 6* but given at best a 3* quality.

Upon VP many things did not work with the unit and it was leaky as well. Defects? Took forever to rectify and a few times the rectification made it worse.

All the owners filed a class action suit against the developer, by then the word had long spread far and wide, place sucked and as such values started tanking.

Thankfully for much of its time under my ownership it was never vacant. Therefore rental covered the maintenance and commitments.

Total spent on repairs and maintenance from VP to disposal : RM46000

Good riddance piece of shit. You WON'T be missed.

Lesson learned : Never EVER buy a property especially a high end property from a developer you never heard off, you do not trust and have doubts they could deliver.

One of the main reasons why I never buy new developments. Reputable developers always sell at a huge premium, and the unknown ones almost always deliver shoddy work.

Buy when blood is knee deep on the floor.

David_77ManutdGiggs

This post has been edited by icemanfx: May 20 2019, 10:12 PM

👌

It'd be good if you post something we did not already know.

Could you please at least use your left brain and add some creativity to your contributions at least?

I purchased a contra-unit and it was a fairly decent amount off at that time.

Yeah but lesson learned on this account.

my worst property investment is from going through some bloodsucker agent.

Mind sharing how they suck your blood ? you paid them undertable to buy from them ? wanna avoid this at all cost =)

Is blood knee deep now?

She will have to consult her crystal ball for that.

Actually, I think she will just recycle her posting. She cannot do crystal ball one. She always gives 20/20 hindsight.

Boss, you are so kind hearted to her 🙏

I try to be kind to everyone but I believe you are right the next thing to come from her would be all the BBB/UUU are in the herd and destined to be slaughtered while she continues to write her project paper.

u need to know how to find the owner. i was lucky to bump into him

This post has been edited by Red_rustyjelly: May 21 2019, 01:05 AM