I think it depends on location.. If you look at location such as Puchong and Kinara area the price is on high end n it keeps rising steadily.. On the other side places like Alam Impian, Setia Alam and Denai Alam the price is kind of stagnant.. Nt too much of increase or decrease in price in recent times..

Maabbnnnnnnnn gov. Now like pepper And salt fuesss it stewpit. I side no on ene. Neitherr bn nor bn. Trust yourself.

Sure price wont drop ?

http://www.propwall.my/classifieds/965722/...e-by-kitty-chan
seems 2013 price is lower to me.. at least for subsale

Like this is not fair bro. one owner may sell higher or lower than another. so how do you categorize this? I give u one example. I have been looking for a shoplot in one area (not in KV)
Lot A: asking price RM680K, Rental RM3300/monthly

Lot B (next to A only): asking price RM810K, Rental RM3600/monthly

Lot C (in another row but not so far from Lot A and B): asking price: RM600K, Rental RM2800/month

Bank valuation for all stucked at: RM600K.

So how do you categorize this? You will also pening, I guarantee you.

a) If I buy Lot A, would you say the market has dropped? Valuation is still below asking price. 85% loan only. But ROI is at 5.8%
b) If I buy Lot B, what is your comment pulak? Valuation is still below asking price., Same 85% loan. ROI is at 5.3%
c) If I buy Lot C, what is your comment pulak? Valuation is at par with asking price. Same 85% loan. ROI is at 5.6%
Not easy to categorize this part None of the owners are willing to reduce the price because all said rental can cover installment. All are confident that rental can go even higher.so if one would wanna buy, asking price will be transacted price. owner's way or the highway.

i'll choose the one with the most likelihood of staying on and with good and profitable business.

hoaaaa. many replied to my reply. thanks guys. Anyway in my opinion, there is a reason why C is lagging behind. It is on the road that not many cars flowing as compared to A and B. If you ask me, I will definitely choose B because in commercial, I believe, die die must buy good facing (doesnt necessary mean facing main road coz based on my analysis it all depends on flow of traffic. there are some shoplots not facing main road getting more traffic than those facing main road). Anyway, these are the businesses of individual lots:

A: Kedai perabot

B: Kedai langsir

C: Kedai perabot

From my observation, B's business is thriving while lot A and C are competing with each other. However, take note buying B needs RM170K and one will have a risk of having trouble to sell back due to low valuation. One day, valuation might keep up with the price one will pay but it will take a while.
Anyway, what do you guys think with these investments? Good or bad or risky or what?

If you ask me, for a bumi, one better put his money like this:

Put in whatever one has in AS1M, ASN and take loan for RM400K in ASB. ROI combined would be around 7%. no pening2 with tenant, no pening2 to sell back.

Unless Lot A, B and C future capital appreciation and rental incremental are substantial. This is why sometimes I always ask myself to weigh between rental and other investments.

For flipping, provided one has bought at good development, this is a sure win if one can sell with a profit by taking into consideration of rpgt as well.

I still do. In my opinion, props in kl city centre, mont kiara and damansara are insane.

And I NEVER said that I won't invest. I just said I won't touch anything more than 500k with a barge pole.

Which is true. I only bought it as it is only 410k @ 617 sq feet.

And which prop is that in Mont kiara?

Not familiar with that place. Also, there are projects that claim at they are in Mont Kiara when they are not.

Finally, what are the rental yield like?

Don't be so smug.

I said I am not familiar with your development, not that I don't know mont kiara  .

Anyway, I checked the props all and non of your condos is selling below 500k for both I-zen 1 & 2.

So yeah to me it is overpriced sub sale wise.

For all I know that you have bought your props before the prices shoot up to insane levels.

The prop I bought could give at least 12% return now, provided you bought it 5 years ago.

Now at best 5.3%.

So yeah, I still say the prop prices is too high.

Like I said, I don't look into any price except the prices for sale.

I just did an impromptu search at propwall.

Nothing below 500k.

As far as I am concerned, you are buying an overpriced property that could be liable for correction.

Mine as well. I am buying mine because I know worse comes to worse I can hold it.

Or if you are lucky like I am this round.

Problem is, it does not happen that easily.

otherwise people would not be complaining of too high prices.

Also, tell me, does your unit rent out easily, honestly.

Bear in mind mont kiara is packed with condos.

I only risk buying mine because I know I have a steady supply of students willing to rent my unit.

Yield is not good compared to the price I paid.

I still bet that it is not easy to rent mont kiara props as compared to props in subang.

Otherwise, there wouldn't be darkness in many units of condos there like I observed.

The developers have overbuilt and priced the props there too high to absorb all the expat demand like you mentioned.

Mont kiara is still overpriced.

+1

The feeling is like arguing with someone who strongly condemn gay, but later confess he has turned gay himself, and still argue with you "i never say i will not turn gay...." 

Vote for stagnant 1st half year because most people waiting for election and 2nd half will slightly increase because people back to BBB mode after election.

Nice work, we are at the top now. Congratulations.

I think you are thinking all household debt are related to property debt, correct ? If you are referring to household debt, the usual bank guideline will be between 40%-60% of net income. Ie. If RM10k pm / RM120k pa net income, you can probably afford a property about RM1 mil. So the debt/income should be 8-10 times. What is 1.4 times ? Just chicken feet ratio     Especially like you said, value of properties is going up in long term.

Unfortunately household debt is not property debt only. It includes car debt, credit card debt, personal loan (don't know if education loan included or not, but I think is is part of the household debt).

In the reporting http://www.themalaysianinsider.com/malaysi...hold-debt-rises, the 4th last paragraph says "The bulk of the growth was contributed by the non-bank financial institution segment (NBFI) such as Bank Rakyat Sdn Bhd and Malaysia Building Society Bhd (MBSB), as concern grows over their lending to the lower-income segments." I think this is attributed to the personal loan to mainly government servant. If you are a government servant with RM4000 monthly salary, the bank will approve you RM200,000 of personal loan.

These personal loan (and car and credit card loan) may be "non-productive loans", meaning it is consumption based instead of investment based (like property loan). So 140% is alarming if we compare to other countries. If the economy slows down, people start to lose their jobs, or interest rate increases, then we will feel the effect of servicing the debt. Suddenly, we need to use additional 20% of our income just to pay the installment.

You ask Appreciative Manlah why Mont Kiara some still empty...

He is bullish about that place....can get 7% rental yield while buying middle of last year....

Me, I am just happy even if it is 5.3%. At least above inflation rate of 4%.

Still need to park my cash somewhere else than equities, and sorry, gold is out for me...

I agree to your calculation.

As to whether the ratio is high or not, let's compare to other countries. You can see the chart in the last page. Malaysia household debt / disposal income ratio is very high

Also depends on what type of debt. If you earn RM60k pa, and you have a housing loan of RM84k, I think it is low.

But if you earn RM60k pa, and you have a credit card loan of RM84k, I think it is high