not below market price. (most are asking price)
shud be below valuer price or below lelong reserve price.

some sort like MLM tactic. the new subcribers will pay to the old subcribers.
they know well that the subcribers will not redeem their saving at same time.

i think it is all depend on supply and demand.

when economy uncertain /down in 07, 08 (US crisis), developers hold /delay projects and cause lesser supply . when economy pick up, past 2 -3 years fewer supply become shortage suddenly. price go up in 2009, 2010. then all developers start to launch new projects in 2010, 2011, 2012 and then "apparently " look oversupply . and couple with euro crisis, slow china , world undcertain in 2011, 2012, developers hold their launching, so fewer supply in 2012, 2013 and market stagnant. aftert this, the cycle start again...

will 2014, 2015 is booming years? haha

why need majority people to support? msia still has many rich ppl. there are also many msian who earn big bucks in oversea supporting msia prop market. their income is almost 5x of msia. the water jsut flow to lower level (msia prop price is still low). most of these ppl eventually will return to msia to contribute to the economy. working or spending.

which country can have better yield?

whihc country u work and how long?

for me, i hv been working oversea (sg, hk, shanghai) for more than 15 years and return to Msia in 2008 to invest in prop. even though the price has shoot up alot but i still looking to invest. but seems not many new launch lately. so now going to subsales. i only focus in few areas (mainly matured and high populated area in KL)
i hv quite many fren also working oversea (some still living there) and they all has invested in msia prop.
i also hv prop in oversea but think msia give better return.

rental yield is calculate as %

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Added on January 19, 2012, 9:43 amsome rich bizman dun mind to loan only 40-50% margin as they dun want buy in CASH (afraid of LHDN). so long the bank willing to lend, they will continue to buy if they found good investment. most banks are ok to lend if only 40-50% margin. banks know them very well and their biz is doing ok.

they are also many msian who work oversea and now return to work in msia with big pay cut (1/3 to 1/5) are now not qualified for new loan dun mind to loan only 50% margin, they are cash rich. these ppl will continue to buy as bank still willing to loan to them. (with support of tenancy agreements, FD etc)

This post has been edited by lucerne: Jan 19 2012, 09:43 AM

i thot older houses is bigger in size? no?

10 years ago no developer want to build single storey in metro KL
Today no developer want to build 2 storey terrace in metro KL
10 years later no developer want to build 3 storey terrace in metro KL
20 years later no developer want to build landed prop in metro KL

so be prepare to live in old landed house in future.

where can you get SGD300k house in Sg (I mean current price, not few years ago price), plese name the area.

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Added on January 19, 2012, 3:52 pmif u are talking HDB, then u need special reason /apply to HDB to rent the whole unit. if not, HDB will forfeit your unit. (force selling back to HDB)
please also take note u cant avoid to pay tax if you rent in sg. (which u can in Msia)
btw u can rent your HDB if u live oversea but rental subject to 20% tax.

p/s: new build HDB now are more than 350k...

This post has been edited by lucerne: Jan 19 2012, 03:52 PM

please also take note Sg HDB is bare unit /cement rendered and u need to spend at least sgd 50k to renovate. renovation costs is expensive in sg.

u can not compare KL apt/condo rental yield vs Sg HDB. Coz HDB is highly subsidized and u can not rent your unit due to strict rules. dun compare something which is illegal lar..
if u want to compare HDB , then u shud compare Msia govt flat (which by law also can not rent out to outsider, but no one care) , the rental yield sure is better...
if to compare KL apt/condo, u must compare with sg apt/condo.
and i can say KL 's yield is still better than Sg..

i think the mamak is comparing their profit with prop price. (not sugar)
let say their shop now increase from 1mil to 2mil, by using simple 4% yield (or sell the prop and put FD with 3%), so loss of 3-4k potential monthly income. so they die die must recover from their teh tarik and roti lor. They may increase bit by bit to cover their loss by "inflation". if the prop price stop increase, their teh tarik will also stay lor (eg price flat for the last 5 years). so their pricing is partly link to prop price.

those with deep pocket will continue to invest in prop as no other better investment nowaday...even if the rental is zero or yield below par.

many cash rich ppl just dun care to borrow just 50% margin when the bank dun give 70-80% margin due to over commitment. The rich know if they keep their cash in FD, the value sure will become smaller. while the chances of prop to rise is high in long term.

it is very sad that the SME did not re invest their earned $ into biz but turn to prop. (create bubble?) there are no more room in local biz as current msia politic /NEP policy. at the end only the developers /banks make $. that is why GLC are now keen into this sectors.
big corp eg YTL, genting, kuok bros, lion/parkson, klk, ioi can afford to go oversea but not the SME..comprtition is high at local. many still think it is better profit in prop investment.

peace la..
kong xi fa cai!

i think the reason why ppl prefer to buy new condo cos many old condo are poorly managed. (some look like cheap flat)
no one know if the new condo u bought now will eventually turn to "cheap flat" after 10-20 yrs.
whereas most landed prop dun hv this problems. that is why price gap are not much. some 10-20 y/o but nicely renovated DSL are sold at even higher price than new launch. most new launched condo are selling at much higher price than the old condo, no mater how nice the renovation inside, if it is pooly managed.

heard from developers that they need pay lot of $ to "kau tim" many departments.
so the "margin" is depend on how "deep" is their pocket,
the fat margin can anytime become very thin liao..

small biz also do the same la.
everyone like to pay lower tax (of coz legally la).

ok, if they have parent, sibling to back them up. eg guarantee etc

page 53.

"The vast majority (85.8%) of Hong Kong respondents in the survey occupied
landed property, with 7.4% occupying government housing and just 5.7%
occupying privately-owned high-rises or serviced apartments"

higher than Malaysia??

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Added on March 5, 2012, 8:15 amwill this happen to Msia next? especially new megacity Cyberjaya/Putrajaya (45min drive from KLCC)

http://www.zaobao.com/gj/gj120305_012.shtml


This post has been edited by lucerne: Mar 5 2012, 08:15 AM

i think it is better to build all those building i/o keeping those coal/fuel /minerals etc under the ground. eg inner mongolia, shanxi etc
by digging coal/fuel/mineral etc and building new buildings can drive econ and create jobs. lets the rich/MNC/Reit/investors buy the extra buildings and the poors can have jobs, spending, enjoy better living etc. Chinese says better to have "live" water than "dead" water.

This post has been edited by lucerne: Mar 8 2012, 09:30 AM

when gov abandon restriction on buy more than 1 property each..
i know many are waiting to buy.
Chinese generally do not trust stock market (fake accounting etc), they will still invest in prop to hedge inflation.

please see list of China cities with restriction home purchase imposed 限购令 (as per 28 Aug 2011 , about 45 cities)
http://baike.baidu.com/view/4452289.html

家庭只能新购一套商品房，购房人在购买房屋时，还需要如实填写一份《家庭成员情况申报表》，如果被发现提供虚假信息骗购住房的，将不予办理房产证。some cities can only buy 2.
some zero loan for 3rd prop.
foreigners and company are strictly not allow to buy.