yr fren is being entrepreneurial, nothing wrong, just that he dun get get entangled with illegal deals and all that complications with bum issues.

investing in low cost apts for rental is age old and fine if u can take it. not everyone can with all the troubles, u know wat they r.

the way things are going, we've more poor people, more poor illegals, more criminals... so, temp low rent game can only get bigger! question is - is that yr cup of tea?

This post has been edited by AVFAN: Apr 5 2013, 07:57 PM

broken toilets, damaged walls, no pay rent, big tnb bills, vanished tenant, etc... every landlord gets it, matter of big or small time problems...

a clever one here once posted the data is released only at end of 1q and 3q. i think tat's correct.

be patient, v r in 2q now, anyting now.

agree. it's flat generally. some up, some down, some flat.

bn wins, a vote for corruption and cronies, prop prices like everything up again fast.

pr wins, prices dive but will up slowly soon after that.

buy props for own use, the days of cepat kaya are over.

low income people will suffer in more than one way. rm500, rm1k from tax payers like me, hopefully it'll help since u like tis kind of gomen that f u in reality.

This post has been edited by AVFAN: Apr 9 2013, 07:37 PM

this is a fact, something many incl me expected since 2-3 years ago. there simply aren't enough low and low-midcost apts to satisfy this segment demand. developers aren't keen to do this because like they have complained many times, there isn't enough money for them to make since they now bear extra costs like utilities infra, quota issues, etc., not like before when these are covered by gomen.

low cost orig 40k is now 100k, low-midcost orig 100k now 200k, 200k ones will be 300k in no time. but i see 300k as a threshold since beyond that, one will start looking at better "condos", albeit older. moroever, doubtful banks will value some lower grade apts at >300k now or in the immediate future.

the spilliover effect u described is also correct and already in effect, imo. it partly explains why rental yields have been getting lower for those newer >500k condos.

This post has been edited by AVFAN: Apr 14 2013, 11:08 AM

if gold price drops to 1200, gold miners can't operate profitably, some will go bust. you wanna hold their shares?!

can look at it as exciting times!

bursa dead, fd sucks, reits for old folks, props neither booming nor busting.

wish a couple more investment instruments incl props will go wild like dropping 10-20%.

short of that, genting is the only way, hehe...

always strong opinionated as u r...

crap or not, that's up to you.

but i hope u read a bit more and not just buy these goldminers equity by own opinion.

This post has been edited by AVFAN: Apr 16 2013, 05:33 PM

this is a good question...

my impression is for a "hot" area like pj, house prices rose 5-6% p.a. for >30 yrs before the boom of 2008-2011. condos, average ones only 2-3% p.a., i think, which is ok since the rental is usually higehr than hosues. even assessment on condos are higher for the same bank valuation.

given the 3 yr rise in prices, it'll probably slow down to 3-4% p.a. for most houses and 1-2% for most condos.

that way, good, yes? no crash, no incentive to flip, people just buy for own stay, steady appr in tandem with inflation. people can then spend more time at real work rather than harping upupup 24/7 at lyn!!

This post has been edited by AVFAN: Apr 25 2013, 12:25 PM

i share yr plan. been sitting back for a while now, "capital preservation" they call it.

the time will come soon enough - buy what u desire in all yr life at the right price and enjoy it.

part1:

part2:
both come form the same person, a hallmark of bolehsians and/or mainstream media reporting after 50 yrs of bs - double speak, can't go wrong. a potent competency!

houses in kv never drop in price?

Jadual IX. Harga Rumah Teres Mengikut Daerah/Wilayah
Table Terraced House Price by District/Region
Negeri Daerah/Kawasan 2011 2012
State District/Region Q3 Q4 Q1 Q2 Q3 Q4P
Kuala Lumpur KL Centrala 639,203 625,811 576,678 592,565 622,102 660,578
KL Northb 331,829 355,040 366,307 361,175 381,970 384,018
KL Southc 412,534 410,954 434,843 459,358 449,899 412,202
Selangor Petaling 395,216 417,631 454,313 478,902 498,908 462,940
Kelang 193,365 191,137 189,579 206,625 213,009 197,279
Gombak 220,276 238,025 240,643 242,708 245,628 255,453
Hulu Langat 213,872 219,625 218,414 240,926 249,102 243,740


ok la... yr house price never drop, only other people drop.

This post has been edited by AVFAN: Apr 26 2013, 09:29 PM

after may 5, i wud watch bursa for a month at least. if it loses 10% or more, bad news for all, incl ironclad price never drop props.

imo, it cut both ways - lcoal and foreign money can fly out big time or return - to buy anything - depending on who's doing the interpretation of the results.

this thread is rather meaningless until after may 5.

This post has been edited by AVFAN: Apr 28 2013, 08:41 PM

i also think that's bs.

unless talking about ikan bilis, afrikan fish and sikap, premium seafood price in local restuarants is killing.

i can no longer eat pricey seafood here anymore, need to buy fresh and cook myself!

price no drop la... but going up or not?

the mood is sombre, no more hyper interest, only banks are happily collecting interest payments.

i say buy bank shares, not property!!

quite right...

what i hear and smell, few are interested to rush buying and selling props now.
price not coming down, not going up, just stable. take your time!
the investors i know are mainly selling, buying very selectively.
hoping for crash will be disappointed, hoping to rise >5% a year, will also be disappointed.

gold, correct, at 14xx, not many speculators but small time savers and those getting married, buying gifts, souvenirs, normal.

bursa - beware - the surge is all due to foreign funds, little change in local funds or retail, as far as the reoprts i read go. rm is now 2.99 to usd1. from past records, these foreign funds do not stay very long.

on top of all that, gst will come, inflation will keep up, debt levels will continue to rise, corruption will increase, gomen will suck all of you harder and leave you with bigger debts by 2018, u ungrateful fellas.

This post has been edited by AVFAN: May 12 2013, 04:32 PM

yep, they kept their promise for these pr1ma, <400K.

http://www.malaysiapropertynews.net/images...errace-home.jpg

up to 9k household income... pr1ma rules keep changing?



one thing... not sure if this is good or bad news for those flipping bbr and nearby, yelling 800k, 1 mil for the last year.

This post has been edited by AVFAN: May 13 2013, 07:18 PM

buy klse, need cold cash.

goreng prop, leverage like hell... but pay interest la... double edged sword. only those bloodied will understand.

the eternal bulls will say you bought wrong, lousy location, bad developer, bad fengshui, etc. la....

if you check around, many holding >2 yrs now, can't sell easily. highrise or landed.

this is not abnormal. not more hotcake selling esp if you want high price.

bad news, nobody wants to talk la...

actually, reading the threads, there are also a number of projects not selling well, also nobody want to talk much.

but to be fair, it is not dire straits. not yet.