Thanks to lch78, lucerne, terzam, Bobby C and kochin. You guys seem more like my senior and talk more sence. Yes back to topic (money),  as a junior and property invester I would like to share my property experience with you. lch78, thanks for your advice but I already invested 3 properties in M'sia, one unit at the Zest puchong (bought in 2009), 1 shop and 1 house in Negeri Sembilan and 4 properties in UK. My profolio worth just over $5m ringgit, not a lot but I am only 33 still a long way to go yet.
From my humble opinion, I think Msia property (new built) is at peak now and cannot invest any longer, however the West is opposite. I just reserved 2 units from this developer,

http://www.freshstartliving.com/
http://house.ifeng.com/news/detail_2011_05...6420637_0.shtml
http://www.placenorthwest.co.uk/news/archi...se-website.html

During the UK crisis in 2008, a lot of developers went burst and this developer bought and took over their sites and projects at auction/bargain price, banks (RBS, Halifax) at that time were too busy to get rid of those abandon projects and didnt bother about the selling price. I met this developer boss and the sale manager face to face, they are genuine successful investor/developer.

Let me know only if you are interested, I can give you more information.  vanillasky91@yahoo.co.uk.
Thanks.

p/s: UFO-ET, Be fair to this country as well, Malaysian Chinese are so "useful & wanted'' by foreign countries because of master in "languages" and cheap labor cost, isn't it lucky to have educational foundation in bolehland?

To reply UFO-ET: Not sure the furthest country you travel is either S'pore or China? If I am not wrong as your concept about  ("useful & wanted'' by foreign countries because of master in "languages" and cheap labor cost) is completely wrong, you can try to speak your m'sian english (la la la) in UK and see if UK people will talk to you back, let alone offer you any job. My salary included overtime is more than my British born white director by the way. Maybe you think about your kampung friends who 'jump aeroplane' in UK who work in restaurent but sorry, there are many british white who are unemployed at the moment why dont they get rid of us (msian chinese professional in UK) and employ their people? Maybe they think Msian Chinese are more handsome? Tell you one thing, there are a lot of intelligent, well educated Msia chinese who live and work in UK not because of "wanted or cheap labour", we have many choices but we choose to live and work here because we enjoy the freedom here, job satisfaction and do things we always wanted to do. (things like watch live snooker, live badminton, live MU VS AC Milan football match, free to fly to any europe country during weekend), I did all these at the age of 33, I am happy and enjoy my achievement so far. Sorry UFO-ET, I don't blame you because what I see and learn is different from you. I just have too many options in my life, thats all.

p/s: UFO-ET, Be fair to this country as well, Malaysian Chinese are so "useful & wanted'' by foreign countries because of master in "languages" and cheap labor cost, isn't it lucky to have educational foundation in bolehland?

To reply UFO-ET: Not sure the furthest country you travel is either S'pore or China? If I am not wrong as your concept about  ("useful & wanted'' by foreign countries because of master in "languages" and cheap labor cost) is completely wrong, you can try to speak your m'sian english (la la la) in UK and see if UK people will talk to you back, let alone offer you any job. My salary included overtime is more than my British born white director by the way. Maybe you think about your kampung friends who 'jump aeroplane' in UK who work in restaurent but sorry, there are many british white who are unemployed at the moment why dont they get rid of us (msian chinese professional in UK) and employ their people? Maybe they think Msian Chinese are more handsome? Tell you one thing, there are a lot of intelligent, well educated Msia chinese who live and work in UK not because of "wanted or cheap labour", we have many choices but we choose to live and work here because we enjoy the freedom here, job satisfaction and do things we always wanted to do. (things like watch live snooker, live badminton, live MU VS AC Milan football match, free to fly to any europe country during weekend), I did all these at the age of 33, I am happy and enjoy my achievement so far. Sorry UFO-ET, I don't blame you because what I see and learn is different from you. I just have too many options in my life, thats all.

I just have too many options in my life, thats all.

Ya, i totoally understand what you are saying.  You feel sometime this people bad mouthing malaysia is like they try to suck up to the more superior race or culture of they adopted country.

Thanks to lch78, lucerne, terzam, Bobby C and kochin. You guys seem more like my senior and talk more sence. Yes back to topic (money),  as a junior and property invester I would like to share my property experience with you. lch78, thanks for your advice but I already invested 3 properties in M'sia, one unit at the Zest puchong (bought in 2009), 1 shop and 1 house in Negeri Sembilan and 4 properties in UK. My profolio worth just over $5m ringgit, not a lot but I am only 33 still a long way to go yet.

From my humble opinion, I think Msia property (new built) is at peak now and cannot invest any longer, however the West is opposite. I just reserved 2 units from this developer,

http://www.freshstartliving.com/
http://house.ifeng.com/news/detail_2011_05...6420637_0.shtml
http://www.placenorthwest.co.uk/news/archi...se-website.html

During the UK crisis in 2008, a lot of developers went burst and this developer bought and took over their sites and projects at auction/bargain price, banks (RBS, Halifax) at that time were too busy to get rid of those abandon projects and didnt bother about the selling price. I met this developer boss and the sale manager face to face, they are genuine successful investor/developer.

Let me know only if you are interested, I can give you more information.  vanillasky91@yahoo.co.uk.
Thanks.

p/s: UFO-ET, Be fair to this country as well, Malaysian Chinese are so "useful & wanted'' by foreign countries because of master in "languages" and cheap labor cost, isn't it lucky to have educational foundation in bolehland?

To reply UFO-ET: Not sure the furthest country you travel is either S'pore or China? If I am not wrong as your concept about  ("useful & wanted'' by foreign countries because of master in "languages" and cheap labor cost) is completely wrong, you can try to speak your m'sian english (la la la) in UK and see if UK people will talk to you back, let alone offer you any job. My salary included overtime is more than my British born white director by the way. Maybe you think about your kampung friends who 'jump aeroplane' in UK who work in restaurent but sorry, there are many british white who are unemployed at the moment why dont they get rid of us (msian chinese professional in UK) and employ their people? Maybe they think Msian Chinese are more handsome? Tell you one thing, there are a lot of intelligent, well educated Msia chinese who live and work in UK not because of "wanted or cheap labour", we have many choices but we choose to live and work here because we enjoy the freedom here, job satisfaction and do things we always wanted to do. (things like watch live snooker, live badminton, live MU VS AC Milan football match, free to fly to any europe country during weekend), I did all these at the age of 33, I am happy and enjoy my achievement so far. Sorry UFO-ET, I don't blame you because what I see and learn is different from you. I just have too many options in my life, thats all.

huahaha
good for you.

wat bout me bro wwwcomment?
I have no option but hv to stay in TakBolehland, wanna wish me good luck also?

Just to correct my primary English std on my earlier post, the word "cheap labor cost" is inappropriate, shd be "Relatively cheaper cost" for our professionals as to compare to Western, or even Singapore or Hong Kong (professionals).

Of course I know many Malaysian Chinese are very intelligent and hard working, they are paid high salary overseas, dun get me wrong ( apologize if I hurt yr feeling) , I am referring to those talents professionals who are still working with local or foreign firms in Malaysia, their knowledge, skills, attitude, command of multi-languages are very outstanding, but they are paid in RM, foreign countries would love to hire these professionals to work in their country, to them, value for money. I think yr case is differentla, you study overseas and you started yr career overseas.

It is your choice where you want to work, and where you want to stay, again I respect. Good luck to you!

If every successful Malaysia Chinese professional fr overseas can be like Tony Pua, this country got bright bright future! He inspires me a lot, Salute him!!

Hey, don't be LCLY la... RM5 million portfolio?  And easily and deliberately leaves out how much is the total bank loan to this portfolio?  Why don't mention?  Don't just shiok and convince yourself only la...Alot of people in Malaysia, even younger than you already achieve that la, just that they are not like you just want to brag about it.

dun hentam ppl for shiok oni la. ppl just sharing their success strories, it is good if we all cab share our success stories here so to motivate our adik2 here in bolehland.

if u and yr fren have some sucesss stories, pls share with us. but be sincere and with true facts. if u read my previous posts i m also sharing my experience working oversea for the last 10 years. i dun consider myself success yet, but i want my adik2 in LYN to be smarter (as early as possible).  I always tell my adik2 to go oversea (1st world ofcoz) and earn 4-5x msia salary and multiply your wealth. then decide later where to settle down. if u earn oni msia RM u dun much choices... for me, i dun hv confident with msia..

dun hentam ppl for shiok oni la. ppl just sharing their success strories, it is good if we all cab share our success stories here so to motivate our adik2 here in bolehland.

if u and yr fren have some sucesss stories, pls share with us. but be sincere and with true facts. if u read my previous posts i m also sharing my experience working oversea for the last 10 years. i dun consider myself success yet, but i want my adik2 in LYN to be smarter (as early as possible).  I always tell my adik2 to go oversea (1st world ofcoz) and earn 4-5x msia salary and multiply your wealth. then decide later where to settle down. if u earn oni msia RM u dun much choices... for me, i dun hv confident with msia..

dun hentam ppl for shiok oni la. ppl just sharing their success strories, it is good if we all cab share our success stories here so to motivate our adik2 here in bolehland.

if u and yr fren have some sucesss stories, pls share with us. but be sincere and with true facts. if u read my previous posts i m also sharing my experience working oversea for the last 10 years. i dun consider myself success yet, but i want my adik2 in LYN to be smarter (as early as possible).  I always tell my adik2 to go oversea (1st world ofcoz) and earn 4-5x msia salary and multiply your wealth. then decide later where to settle down. if u earn oni msia RM u dun much choices... for me, i dun hv confident with msia..

People generally share the success story, how many money had been made through properties etc, yes people did,
but there are people suffering due to high commitment on properties portfolio especially when things turn bad, but this 'suffering story' generally being swept under carpet, which we seldom or will hear.

There are people buying some properties but stuck with little people interested to buy or having difficulty to be rent out.
Not every property is the same, even though properties has tremendously surge for the last few year, there are properties hardly fetch a lot of premium or if calculated carefully, the return rate is not something very good, some even comparative to FD rate only, after deducting expenses incurred, renovation etc.

Locally despite many said oversea moon is brighter, there are still opportunities around for one to make decent living, income around.
The most important is whether one is capable or skill enough.
One may argue got skill but not being appreciated, but in private sector, if one has decent skill, and ability, there is still room for one to strike out good living.

---

Added on June 15, 2011, 1:37 pm

Yes, if can strike a good working life and earn decent overseas good.

But whether has confidence or not with m'sia, some (majority) is born here, live here, and mostly will died here as well.

I am not encourage nor discourage people to go overseas, but not everyone has the chance and opportunity to do it, due to various personal reason, condition etc.

So need to make the best from the situation or environment they had.

People generally share the success story, how many money had been made through properties etc, yes people did,
but there are people suffering due to high commitment on properties portfolio especially when things turn bad, but this 'suffering story' generally being swept under carpet, which we seldom or will hear.

There are people buying some properties but stuck with little people interested to buy or having difficulty to be rent out.
Not every property is the same, even though properties has tremendously surge for the last few year, there are properties hardly fetch a lot of premium or if calculated carefully, the return rate is not something very good, some even comparative to FD rate only, after deducting expenses incurred, renovation etc.

Locally despite many said oversea moon is brighter, there are still opportunities around for one to make decent living, income around.
The most important is whether one is capable or skill enough.
One may argue got skill but not being appreciated, but in private sector, if one has decent skill, and ability, there is still room for one to strike out good living.

---

Added on June 15, 2011, 1:37 pm

Yes, if can strike a good working life and earn decent overseas good.

But whether has confidence or not with m'sia, some (majority) is born here, live here, and mostly will died here as well.

I am not encourage nor discourage people to go overseas, but not everyone has the chance and opportunity to do it, due to various personal reason, condition etc.

So need to make the best from the situation or environment they had.

Well said 

I have my fair share of working in Malaysia and oversea.

Am struggling to continue living in my dear country or to leave.

Just increase my rental by 10% in JB. Property price will drop if rental is not sustainable.

So price for me is still going up and just paid earnest money for 8th property.

til date, no one can deny majority of ppl invest in prop made $ over long term. those loss $ is minority. I hv read some thread about bad investments in life, been cheated etc. Thru this forum we can learn from the winners and the unlucky one. There must be reasons why some gain some lose $.  I see many ppl are sharing their experience in this forum which is good.
yes, i agreed not everyone has the opp to work in oversea, due to family commitments etc. I just want to share here that majority working oversea earn better salary than msia with the same qualification/skills.  some can earn >10x if you have specialized skills needed buy mnc. It is a waste of talents if stay in Msia (skills not appreaciated eg GLC, bank, public serivces). So I always encourage youngsters (especially single) to explore oversea if can,  beside higher salary u can also widen your views and knowledge.  And many live happily in oversea with whole family relocate.  u can decide later if want to return to msia for good, to retire or just migrate.

Just to share a real story of my friend who was working in Ireland 3-4years ago.
That time Ireland was booming like nobody business, everyone believes property price is only up up up and so does my dear friend. He ended up bought a townhouse approximately 300k Euro(~RM1.3m). Unfortunately, the market crashed less than a year later, he has been made redundant. His property worth only 2/3 of his purchased price and he was struggling for few months in Ireland to look for another job but end up in vain. And now he is working in middle east to serve his mortgage in Ireland.