Hi all masters,

I am thinking what to do with my cash now.

I am currently own 2 properties now. One property is locked by bank for another 3.5 years with outstanding loan amount of 119K. Second property is also locked by another 1 year with outstanding loan 168K. I was thinking to do early settlement but need to pay for penalties eg.  However, the first property is rented out. I am staying the second property but it can be rented out easily.

I am thinking to get third property which the price is higher 600K<$$<850K for my ownstay. I am looking around all the newly launched projects. But there is no one in my taste with my budget. The Maple is the closest but the maintenance fee is steep. D'pines is not bad in location but it is leasehold. My requirement of the third property is to have klcc view, good security and balcony is big enough to have a small garden. Also, i am also not sure should i go for landed too for my budget.

Since i can't find a good property for my own stay, i am wondering what to do with my cash instead of keeping in my bank??
1) Early redemption of one of my property. But, it needs to waste 10K for penalties
2) Buy a old apartment/shop apartment in good location with cash then collect montly rental.
3) Start a OK size of business?/

Appreciate all the feedback and opinion.

Once there was a little island country. The land of this country was the tiny island itself. The total money in circulation was 2 dollars as there were only two pieces of 1 dollar coins circulating around.
1) There were 3 citizens living on this island country. A owned the land. B and C each owned 1 dollar.
2) B decided to purchase the land from A for 1 dollar. So, now A and C own 1 dollar each while B owned a piece of land that is worth 1 dollar.
- The net asset of the country now = 3 dollars.
3) Now C thought that since there is only one piece of land in the country, and land is non producible asset, its value must definitely go up. So, he borrowed 1 dollar from A, and together with his own 1 dollar, he bought the land from B for 2 dollars.
- A has a loan to C of 1 dollar, so his net asset is 1 dollar.
- B sold his land and got 2 dollars, so his net asset is 2 dollars.
- C owned the piece of land worth 2 dollars but with his 1 dollar debt to A, his net residual asset is 1 dollar.
- Thus, the net asset of the country = 4 dollars.
4) A saw that the land he once owned has risen in value. He regretted having sold it. Luckily, he has a 1 dollar loan to C. He then borrowed 2 dollars from B and acquired the land back from C for 3 dollars. The payment is by 2 dollars cash (which he borrowed) and cancellation of the 1 dollar loan to C. As a result, A now owned a piece of land that is worth 3 dollars. But since he owed B 2 dollars, his net asset is 1 dollar.
- B loaned 2 dollars to A. So his net asset is 2 dollars.
- C now has the 2 coins. His net asset is also 2 dollars.
- The net asset of the country = 5 dollars. A bubble is building up.
(5) B saw that the value of land kept rising. He also wanted to own the land. So he bought the land from A for 4 dollars. The payment is by borrowing 2 dollars from C, and cancellation of his 2 dollars loan to A.
- As a result, A has got his debt cleared and he got the 2 coins. His net asset is 2 dollars.
- B owned a piece of land that is worth 4 dollars, but since he has a debt of 2 dollars with C, his net Asset is 2 dollars.
- C loaned 2 dollars to B, so his net asset is 2 dollars.
- The net asset of the country = 6 dollars; even though, the country has only one piece of land and 2 Dollars in circulation.
(6) Everybody has made money and everybody felt happy and prosperous.
(7) One day an evil wind blew, and an evil thought came to C’s mind. “Hey, what if the land price stop going up, how could B repay my loan. There is only 2 dollars in circulation, and, I think after all the land that B owns is worth at most only 1 dollar, and no more.”
(8) A also thought the same way.
(9) Nobody wanted to buy land anymore.
- So, in the end, A owns the 2 dollar coins, his net asset is 2 dollars.
- B owed C 2 dollars and the land he owned which he thought worth 4 dollars is now 1 dollar. So his net asset is only 1 dollar.
- C has a loan of 2 dollars to B. But it is a bad debt. Although his net asset is still 2 dollars, his heart is palpitating.
- The net asset of the country = 3 dollars again.
(10) So, who has stolen the 3 dollars from the country? Of course, before the bubble burst B thought his land was worth 4 dollars. Actually, right before the collapse, the net asset of the country was 6 dollars on paper. B’s net asset is still 2 dollars, his heart is palpitating.
(11) B had no choice but to declare bankruptcy. C as to relinquish his 2 dollars bad debt to B, but in return he acquired the land which is worth 1 dollar now.
- A owns the 2 coins; his net asset is 2 dollars.
- B is bankrupt; his net asset is 0 dollar. (He lost everything)
- C got no choice but end up with a land worth only 1 dollar
- The net asset of the country is again = 3 dollars.

The story didn't end here...

5) Buy land and build your own house??

stability is the key word in all investment . in a developing or third world country , sometimes a change in government can cause chaos  and power struggle .

i think property prices will go up and up and up....few years later we cant afford to buy any houses..so bad

maple inside old, some units i went to see, got termites, for same amount of money, put in mont kiara condos better
was also keen on maples once upon a time

thanks bro for the insider info. hehe.
I am wondering the same problems happen at Saffaron and Tamarind as well. MK is not my preferable place. I would prefer unit with KLCC view and some greeneries. Any clues for that project?

Yea man, what are you waiting for? Buy buy buy man.

大馬房產成中國資金新目標
Created 11/28/2011 - 15:17

來自中國的發展商、企業以及個人投資者正在改變馬來西亞的房地產生態。

“雖沒投資新加坡物業那麼‘兇猛’，但中國企業買下吉隆坡整層寫字樓的故事並不少耳聞。”馬來西亞發展商陽光集團執行主席童貴旺說。

另一方面，中國發展商也在試水馬來西亞地產項目。11月初，一家來自中國河北的房地產企業――卓達集團宣佈將與馬來西亞伊斯干達投資公司合作，共同發展位於馬來西亞伊斯干達麥迪尼特區的住宅和商業項目，總投資額近40億元人民幣。

這成為馬來西亞麥迪尼特區的首個外資房地產投資項目，同時也是區內迄今最大的投資項目。

伊斯干達麥迪尼特區距離新加坡20分鐘車程，有兩座跨海大橋與新加坡相通，同時正在修建海底隧道，與新加坡高檔公寓動輒10萬元／平方公尺的價格相比，麥迪尼特區房價僅為新加坡的20至30%。

高力國際最新數據顯示，今年第三季度新加坡售出的私人住宅中，8.8%住宅被中國買家購得。

新加坡官方數據顯示，上半年，中國購房者首次超過印度尼西亞，成為新加坡私人住宅第一大外籍買家。

而中國買家投資新加坡物業的興趣如今也在向鄰國馬來西亞蔓延。

“有限的土地成本、發展商之間的激烈競爭以及當地較低的收入水平，是馬來西亞房價水平即使在整個東南亞都保持較低水平的原因。”童貴旺介紹。

在馬來西亞首都吉隆坡，100萬元人民幣即可買入距離市中心40分鐘車程、面積在200平方公尺以上的毗連別墅。

隆檳新山房產受歡迎

目前，中國投資者的身影正越來越多地出現在吉隆坡、較多華人聚集的檳城以及緊鄰新加坡的新山。

與一些發展中國家管制資本的做法不同，馬來西亞向外國房地產投資者提供了相對自由寬松的政策和制度。外國投資者允許直接持有馬來西亞房產產權，可自由購置價值超過50萬令吉（約人民幣110萬元）的各類房產，且凡持有該房產滿五年後出售的，將一律免征房產交易所得稅，此外，還能夠申請到最高為70%的房貸。

在今年9月於上海舉行的馬來西亞房地產投資論壇上，馬來西亞產業機構首席執行官Kumar表示，馬國物業的年租金回報率在5至6%，土地的年收益大約在4至6%，兩項相加，投資收益率在9至12%。

為鼓勵更多海外人士投資馬來西亞房地產，馬來西亞政府正在推行一項名為“馬來西亞我的第二故鄉”計劃，參與計劃的家庭除了可以獲得10年多次入境居留證之外，還將享有多項產業與稅務豁免獎勵。

截至2011年7月的統計數據顯示，中國公民佔到該計劃申請總人數的第一位。
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Source URL: http://biz.sinchew-i.com/node/54335

Can you kindly interpret the main points please? Thanks.

hi that day i heard from the agent that start from next year, bank will use net income to approve housing loan. Meaning to say, if your salary is RM3k, they will minus off things like EPF, sosco, tax, which become only about RM2.4k and use RM2.4k / 3 is your monthly installment for the house. Is it true? If yes, this rule will affect the property price next year?

The main message of this article is to tell us that CHINA men are looking to buy our land and properties especially in Penang, Johor and also Kuala Lumpur.

So be prepared!

Although foreginers can only purchase those properties priced above rm500k, you can see developers are trying to build developments at that price ranges.

Property will become more expensive only over the time. 

China man is coming in to build more houses causing oversupply and as such , driving down property prices . beware and be aware

The main message of this article is to tell us that CHINA men are looking to buy our land and properties especially in Penang, Johor and also Kuala Lumpur.

So be prepared!

Although foreginers can only purchase those properties priced above rm500k, you can see developers are trying to build developments at that price ranges.

Property will become more expensive only over the time.