Jun 27 2011, 02:42 PM
QUOTE(cybermaster98 @ Jun 27 2011, 02:26 PM)
That wont happen in prime & matured areas. That is just wishful thinking. I think renting a property is always a waste as only the landlord profits. Anybody choosing to rent while waiting for the market to drop is just wasting their time and their money.
Just imagine this scenario. Say somebody rents an apartment for RM 1500 per month for 2 years hoping for the property prices to stabilise then. In that 2 years, the rental expenditure would have been RM 36,000. That is money out of his pocket and into the pocket of the landlord. But in 2 years time, does he actually think prime area property prices will be RM 36K or more lower??
Prime areas have not dropped in the pricing (generally). In bad times it would stagnate but waiting for a price drop in my opinion is just wishful thinking.
it's either u pay the money to the investor/landlord or u pay the money to the bank.. its just the same.Just imagine this scenario. Say somebody rents an apartment for RM 1500 per month for 2 years hoping for the property prices to stabilise then. In that 2 years, the rental expenditure would have been RM 36,000. That is money out of his pocket and into the pocket of the landlord. But in 2 years time, does he actually think prime area property prices will be RM 36K or more lower??
Prime areas have not dropped in the pricing (generally). In bad times it would stagnate but waiting for a price drop in my opinion is just wishful thinking.
let say u get a subsale, borrow 350k from the bank. BLR - 2.4 = 4.2%
350k * 4.2% = 14700. [just the interest charged by bank]
with the inflation rate in bolehland keep increasing > electric naik, diesel naik , fish naik
after election > confirm petrol naik, then macam macam naik..
properties also naik till so gila
veli hard eh...
Added on June 27, 2011, 2:43 pm
QUOTE(sampool @ Jun 27 2011, 02:33 PM)
that person must be rich man loh RM1500 rent a apartment... fully furnish (with frezeer/air-cond/washing machine)?
lol agreed.. apartment RM1500 per month.. its kinda high end.. i read ur comment only realise it.. in my place.. can rent a decent condo liao
Added on June 27, 2011, 2:45 pm
QUOTE(kh8668 @ Jun 27 2011, 02:36 PM)
general 2-storey terrace houses in PJ (old old old one) are renting at not less than 1700 per month. >.<"
have around 5 rooms rite ? if divide the room and share among housemate..
still consider quite affordable for those who choose to rent rather than purchase a subsale
This post has been edited by CKHong: Jun 27 2011, 02:45 PM
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