that why freehold have the advantage, not to mention the bank will loan you anytime with freehold title but not leasehold & the appreciation difference between them. There are also the type of owners living condition difference between freehold taman & leasehold taman.

our income drop first b4 can dream seeing this

at that time there are no such 90% loan, the most is 50%-60% if approved. 30k downpayment at that time is like 300k now. Not many ppl can have that much cash reserve.

the way i see it,
buying properties are good for hedging against inflation but not a good investment in long run. Property price now are way too high & abnormal even for 5 figure income.
As time pass, properties will lost it value if
1. Better transport (why need to buy KV area when can travel fast & efficient like in Japan)
2. Education level improve (Improve knowledge & income but will produce less offspring or even happy being single = demand low)
3. Technology advancement (If in 10 years, technology give u benefit to work form home but with no drop of performance)

All these thing can happens or already happening now...it just need time to be a norms going forward


Remember this "a good properties investment only realised if someone wanted to make become a home"

This post has been edited by Iceman74: Apr 18 2011, 10:10 PM

the way i see it,
buying properties are good for hedging against inflation but not a good investment in long run. Property price now are way too high & abnormal even for 5 figure income.
As time pass, properties will lost it value if

1. Better transport (why need to buy KV area when can travel fast & efficient like in Japan)

UNFORTUNETALY MALAYSIA IS NOT JAPAN, JAPAN IS NOT MALAYSIA. EVEN THOUGH WITH BETTER TRANSPORTATION, PROPERTY PRICE STILL WILL BE HEADING NORTH, JUST LIKE SINGAPORE, AND HONGKONG. IT IS NO FUN USING PUBLIC TRANSPORTATION IN MALAYSIA AT LEAST NOW AND ALSO FORESEEABLE IN FUTURE.

[COLOR=blue]SG & HK are diff in a sense of size limitation, you just can't grow land. If you are old enough, you will know in year 1970-80, stay in klang n work in KL are impossible but now, some are stay in Seremban work in KL is do-able. Better road connectivity & cars can drive faster are here. Things will improve in future, maybe later but definitely will arrive.[COLOR=blue]

2. Education level improve (Improve knowledge & income but will produce less offspring or even happy being single = demand low)

BUYING PROPERTY NOT LIMITED TO MARRIED COUPLE. EVEN NOW SINGLE / "DIAMOND WONG TIGER" (LOL) ALSO KEEP BUYING THEIR NEST. THUS IN FUTURE, MORE AND MORE SMALL NEST (400SF TO 600SF) WILL BE BUILT. FIRST, TO COPE WITH HIGH COST. SECOND, TO MAKE IT MORE AFFORDABLE TO PEOPLE.
[COLOR=blue]I don't about you, if the trend continue i believe everyone will own more than 1 properties. remember only 1 person or 1 family need A home. A couple can stay 1 home, not 2 house. IF 20M become a couple, then it means 10M homes, not 20M.[COLOR=blue]


3. Technology advancement (If in 10 years, technology give u benefit to work form home but with no drop of performance)

ADVANCED TECHNOLOGY ALWAYS WELCOME AND MAKE PEOPLE LIFE BETTER. HOWEVER, WHETHER ONE PERFORM OR NOT, HAVE TO DEPEND ON INDIVIDUAL EFFORTS. HOWEVER, I DON'T SEE THIS WILL AFFECT HOUSE DEMAND?
[COLOR=blue] Like i said, in '70 ppl do biz within township, '80 & '90 between states & currently now, we are doing biz international (biz no longer need big big warehouse to store products, almost all using JIT method if possible)
Most of my clients don't need A Class Office Locationeven they can afford it.
They can be a shoplot in suburb area, nearer to the place they live & the staff live. There are already some MNC option to do 3days at home 2 day at office arrangement for non-essential operation staffs. [COLOR=blue]

All these thing can happens or already happening now...it just need time to be a norms going forward
Remember this "a good properties investment only realised if someone wanted to make become a home"






MY CONCLUSION- FOOD, DRINK AND SHELTER ARE AMONGST THE MUST THINGS TO HUMAN BEING.

FOOD PRICE INCREASE;
DRINK AS WELL;
WHY NOT SHELTER?[COLOR=blue] Shelter needed is still for A home, not 100 properties [COLOR=blue]

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Added on April 18, 2011, 11:02 pmif you do ask around those already retired ppls, if you will notice they want to downgrade to smaller house as all their kids grow up & move out. Reason = simpler to take care the house

This post has been edited by Iceman74: Apr 18 2011, 11:02 PM

depend on which kind of boss you talking about
if he is yr immediate superior & well verse in financial planning, then why not buy if he see the needs to use bigger home
if he the boss of the company & for investment purpose, from what i know now, most of the bosses that i came to know are using the company cashflow to "goreng" properties & this is a dangerous situation for you as an employee. If his biz got into trouble, i think you will know who will suffer first & last.

exactly, all those property investors/guru think that properties expired/ceased to existed by the time they sell

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Added on April 19, 2011, 9:46 ambut do you think i need to buy my home near to the work place now.

This post has been edited by Iceman74: Apr 19 2011, 09:46 AM

haha....later yr teh tarik n nasi lemak also add another 0 on the bills

maybe the only way increase purchasing power is let our ringgit rise

depend on who you talk to..base on my previous case, can refund but after some thinking decided go for endlot

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Added on April 19, 2011, 3:57 pmyup... end of the day, developers do need sales to survives

This post has been edited by Iceman74: Apr 19 2011, 03:57 PM

i tot someone here said alot foreign buyers buying up our properties cos is dirt cheap
look like not enough to push increase in RM

btw i really dunno what will happen to property if Gov do intro GST

i always remember the old saying "when everyone including auntie/uncle rushing in, i will be the person at the nearest exit or out of here"

i already sold off those not so good properties around end of 2009. Those that i have now will have no material impact on me even if it does fall 30%. If it does a non-stop rise in price, well i really pity those that not yet buy a home but that ain't gonna happen as far as i see it(price rising).

u underestimate the power of saving the Chinese have
most of them are cash rich(dun ask how they got the money) until dunno where to put(cannot put in the bank cos not bersih enough)

try go Genting, see how much they bet....pengsan, me fast fast simsui

it will be long long dream
Gov are starting to notice after all major developers sold most of their developments & lockin their profit for 2 -3 years. Time for Gov playacting Robbin Hood for GE jor

RPGT = Real Property Gain Tax
VP = Vacant Possession

hahaha....please do tell me where/when can buy it the so call low cost home...i really need 8500 sqft low cost house

This post has been edited by Iceman74: May 7 2011, 06:58 PM

how i wish is true

why u think that you will burn 19k x2 for the MRTA?
you can get refund if you sold your house earlier
each of the house that i sold, i get refund
if it really a burden, you can option a shorter MRTA duration or 50% coverage each

This post has been edited by Iceman74: May 20 2011, 09:58 AM

dunno about others but my guts feeling there are something bad bound to happen after GE.

Singapore & Thailand already started/start election, Malaysia going to happen soon, G's are hiding something from respective citizens.

Those tax seminar attended already point toward reintroduced back RPGT. Malaysia G decreasing subsidies as time goes by.

For me, if property prices does goes up, then i mah abandon upgrade my crib house dream next year & settled ASAP on my existing loans.

well said

problem now, can our politicians have the willpower overcome these long overdue problems b4 too late or they just swipe under the carpet again

if there are situation push up the properies price now, i'm sure if the right situation occur, it might push it down also