we dropped the deal for JV, too far too big.

We are now like dengkil, banting, salak tinggi, semenyih and rawang these few spots which having new link of highways connected. D/S price starting rm300k but modern facade.

Why not wait till downturn and save that even 30-40%?

30% of 300K = 90K.

You've just saved yourself RM90k, adding in interest savings and everything it could be as much as RM150k over the course of 20-30 years.

That 150K you can use to treat yourself to a brand new nice Toyota Camry.

So, why not wait?

This is an interesting but quite unlikely scenario. You will very rarely find rental rates in a certain development diverging by as much as that. Comparing RM3.6K vs RM2.8K that is divergence of almost 30%, assuming all are similar type units (intermediate vs inter or corner vs corner). Even on location wise for commercial, unless the popularity is extremely uneven (ie shops facing main road all busy but shops behind extremely quiet).

But to your question:

a) Market has not dropped but you are paying over the odds of market price - ie bigger risk. If rents fall to the level of Lot C gradually, you lose yield (ROI). If you need to dispose of your property urgently (short sale), the odds of you finding a buyer are lower, as buyer would need to top up RM80K on top of 15% downpayment.
b) Same as A except even worse - in case of sale buyer would need to top up RM210K extra on top of 15% just for you to breakeven.
c) I would buy C (unless some external subjective factors like condition sucks or location really bad) - as the risk is all covered. You match the banks valuation. If rents drop to match the lower level, you are still unaffected, and if rents increase to match the level of Lots A or B you profit.

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.

Good to know that we think alike.

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.

Thanks.

Besides, it is fun trolling u bbb fellas once in a while..

What to do, I am the type who don't drink, womanize, smoke, buy fancy gadgets, drives a 7 year old car and can't bear to spend money on hobbies and just love to save.

Trolling in this forum is free so here I am lah...good cheap entertainment....

Depending on the election, Malaysia's growth story still has alot of room for expansion.

When consumption increases, GDP increases. One of the best way to increase consumption is via Debt money. Developers will join in to woo more people taking debt money. The challenging part is to woo the Mass Bumiputera segment... and is pretty high credit risk as well. 

Malaysia generally (not just KL) is alarmed with high supply rate vs demand rate now. Somebody needs to do some checks.

Btw more projects are coming... (a new list of upcoming 20 more projects just arrived onto my hands... will post the threads when more info - i.e. a new apartment project near Jalan Imbi and today's announced TRC-Prasarana Soho, condo, shopping mall project in Ara Damansara)

lets talk about this more

the asb 9% yield and the 6% rental yield.

Boss, he just make an assumption.    So just listen listen listen. As far as I know, u r correct on the asw2020. Really not sure bout the asb.

look like you are still schoolboy on investment things.

pls do yourself a favour go and ask your banker.

Problem is the low & middle income group is hard to have 200k in bank account

Your covillea have make 200k profit

If you are looking for long term rental play you won't go wrong with Subang Jaya SS16 and USJ 1.

As told by sa last wk, damen stil hav few units but priced at 700+psf. Not sure bout regina.

He's somewhat wrong with that argument though.

Gold always has an intrinsic value, plus is used as a hedge against inflation, which is its real utility.

Just because it is rarely used in daily life doesn't mean it has no value. A Toyota Altis that one uses as a daily driver is not worth more than a Lamborghini that he only uses on weekends simply because it has greater utility.