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.

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. 

Just got SMS from NAZA TTDI GROVE

new phase

22x70 2sty terrace
From 533K

The bears here, those hopping for price to drop, i say a lot of them are first time buyer/ have not own any properties yet.

I am wondering for the ones optimistic for the future of Malaysian properties, are you still in buy buy buy mode?
is there still a lot of room for appreciation at current price point? do you choose landed only with the impending severe over supply of condominiums?
if ever there is a drop in high rise prices, do you think it will affect landed as well?

Australia cut interest rate

http://www.nasdaq.com/aspx/stock-market-ne...s-interest-rate

I think that as long as interest rate stay low, the property price is going to hold or claim higher.

So all the other countries are trying to cool off, but Malaysia still trying to inflate the prices.  Something is wrong isn't it?

Price of prop go up because of foreign speculation, until locals can't afford.  What good is that?

Next generation of rich property owners wont suffer...

500k landed now will become 1.5 million in 20 years mah... then cash out and buy a brand new property. where got suffer?