pai thought u follow azizi ali. u sold a few no?

his claim is to broad, with no proper details. just like saying,

cow is an animal, cow have 4 legs.

he claim that he predict it will be 5k/sqft, he should list down why, what factor he took into consideration, and what type of condo he is referring.

if he tells everything to the public, what is he going to tell in his private seminar?

As i mentioned in the first post, im not sure whether he justify his claim or not. maybe he does, or im just no good in finding them.

But ya, without those, we can safely said that property price will up up up, but maybe not as high as 5k psf

I only sold some 10%-20% of total holdings recently...........so not same, and have been on buying spree in the past 3 years. And the reason I sold these props :

1. Believe the props I sold has reach max value, gains n rental wise.
2. Proceeds of sale can be optimized n invested higher yielding instruments.
3. Boost cash reserves.
4. Doesnt jeopardize the original plan on why I invest in props......... FINANCIAL FREEDOM!!

I think correction will come in 2012 n 2013........n nothing wrong in optimizing our portfolio, but to go on the extreme to sell off everything simply bcoz of a false interpretation is plain stupid. As long as AA or us have bought anything pre 2010.........doubt if correction comes............. prices will ever drop to pre-2010 levels...........

he'll be saying . "The free advises are a good 'lesson' to those who are too kiamsap to pay for my seminar. Now, fellow smart participants with thick wallets, let us move on to REAL SOLID projections of mine, which will promise you unlimited riches. "

nice 1 bro
as for me....currently buying some n selling some
we can listen to other people views but at the end we need to make our own decision
a

True. Bottomline so long as long term plans are still intact n gearing is checked.....one should stick to the original plan.........

Btw what r u buying this year?

owh bro...i'm small2 fish bilis only
still buying apartment...no money to buy landed property
not really depends on capital aprreciation though...
but i'm buying below market price only

thanks for asking anyway
hope can get advice from u taiko pai

Pai, keen to switch to landed properties if the extra cash gained? Before they go up further?

like u i oso small bilis only nia......cant afford to gamble on landed props.......

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Added on February 4, 2011, 2:44 pmNot really as can also get similar if not better appreciation from highrise as well. I'll stick to what I know best..........

This post has been edited by Pai: Feb 4 2011, 02:44 PM

Interesting statement you have there.

Can you share which condo developments have had excellent appreciation over the past couple of years which can match or exceed some of the landed properties?

Thanks.

Plenty actually. Give me a landed prop example u think has done well in the past 3 years (appreciation wise) and I'll give the equivalent highrise example

Let's see, how about Bangsar Baru? Close to 14% year-on-year according to this report.

http://biz.thestar.com.my/news/story.asp?f...31&sec=business

Chief, since we in an underprecedented boom time since the past 12 months, a 1 year YOY appreciation benchmark is not a good yardstick. Lets do a min 3 year benchmark instead from 2008 to 2010 :

1. Maytower - 2008 -- 500psf, 2010 -- 900psf --------> 80% appreciation
2. RGE - 2008 --250psf, 2010 380psf ----------> 50% appreciation
3. BS - 2008 -- 260psf, 2010 -- 500psf --------> almost 100% appreciation
4. Pantai Panorama - 2008 -- 220psf, 2010 -- 380psf --------> 80% appreciation
5. TS - 2009 -- 240psf, 2010 -- 380psf --------> 60% appreciation
6. Desa Putra - 2008--250psf, 2010 -- 380psf --------> 60% appreciation
7. Axis Ampang - 2008 -220psf, 2010 400psf ---------> 90% appreciation
7. Tropics - 2008 - 350psf min, 2010 570psf ---------> 60% appreciation

These r just few examples. There r at least 10 more others that has done 50% appreciation in a mere 3 years. If we are talking about YOY, I have been fortunate to buy some props that has gone up by 40%-50% within a span of 1 year, give or take a few months. Of course if we used a longer horizon benchmark ( say 10 years) it will look a lot more favorable to landed props............

And we havent even discussed the cashflow u can get out of these highrise props..............


*Not all units in the same dev performs the same rate, bigger sized units normally underperfoirms VS the small sized ones

nice research n stats bro pai
and i agree wit u, we better stick at wat we know best
as for the others
each person has their own plans n methods
u need to be sure what u r doing and ur goals

Let's check this again end of 2011.

Taikor, can share why these properties experience such high appreciation while some others just lag so far behind. Is it location, major development like township, smallish units, or a bargain during purchase time or other catalysts? Want to learn how to spot such properties. Thanks.

This post has been edited by webby88: Feb 4 2011, 06:08 PM

Thanks for the info, this is interesting stuff.

Going forward, given the glut of condos in the market now, I am not sure if such gains can be maintained over the next couple of years.

This post has been edited by bellion: Feb 4 2011, 06:18 PM

Im betting that u r anticipating a drop?

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Added on February 4, 2011, 6:36 pmOthers appreciated as well, just not as much. Catalyst comes in various form....... just gotta be extra alert to notice em......

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Added on February 4, 2011, 6:39 pmkey here is to choose one's pickings. Just like not all landed register's 10% YOY appreciation, the same applies. If fundamentals r in place, gains will come, its just a matter of WHEN.

This post has been edited by Pai: Feb 4 2011, 06:39 PM