Thailand, Indonesia, China lower risk???
Initially I thought u don't kno abt MK prop......
Then I realize u don't kno abt prop.......
Now I realize u don't kno abt your direction......
The end.

Bro, BNM is extremely strict nowadays. If your income cannot justify the loan amount, your application will be thrown out. There are so many rejected cases since late last year.

I agree it is a concern if banks are allowed to simply give out loan. But now they are worried about NPL. So the situation is not like the banks are blindly giving out loans to people who are not eligible.

And I agree people should not buy beyond their financial ability for the sake of owning properties. That is dangerous.

From your replies to various post above, I agree that you should not buy any property now. At least you will sleep a lot better. Maybe you should wait for the price to come down 1 day. And buy only when you are comfortable

Boss invest prop in Britain with lower GBP ll not double the gain even thou I'm not sure bout wats the time frame u set for ur claim.

I almost bot a unit in zone 2 when GBP was 4.77 against RM. If I really hav bot it, I find no reason to double the gain today as the GBP is around the same as for today. Worst performance for GBP against RM for the past few mths was around 4.5+ and best at 5.0+. Correct me if I'm wrong.

Lets assume GBP has its lowest value against RM for the past 5 yrs, the value of the apartment I targeted actually appreciated about 10% fr the day I took note of it till today. Kindly explain the double gain part as I'm not very gd in tis kinda calculation. 

Thanks

Icic. Thanks. Can share which part of British props double the value in 5 yrs with the GBP : RM xe within tis 5 yrs? I think I missed the boat for not buying the London apartment.

Pls do share. Thanks

Huh? GST implementation will cause a recession? Care to explain?

I thought you don't know property only. Now you show you don't know taxation as well 

GST are paid by the final person who consume the goods. Vendors are able to claim back the GST paid along the chain. There is no effect to vendors for the overwhelming majority of the goods and services provided.

Cashflow wise, the vendor only remit the nett GST to Customs. Ie, the GST they collect from the customers is offset against the GST they paid to their suppliers. So, if they pay more GST then collect, the Customs will even refund the vendor back for that month ! There is no major cashflow issue to the vendor. Only the final consumer of the goods & services will pay the tax

Suggest you study the GST structure before you make yourself a fool in your future posting. If you have any questions, do ask here. I will be glad to help as far as I know 

http://www.treasury.gov.my/index.php?optio...default&lang=en
And not only property and tax you don't know. Economics also you don't know.

You mean when all the countries in the world which implement GST, all of them went into recession ? You mistaken recession = inflation, they are different thing lah my friend. If you say all countries when they implement GST, their inflation gone up, then you are correct. GST will cause recession ? Then all countries will not implement GST lah bwahahaha

Thanks for the entertainment ! You are damn good man

You don't know property, you don't know taxation, you don't know economics. Do you know anything other than "wait and see" ?

You can just google the countries which implement GST and see how many of them fall into recession solely because of GST 

Do your homework and post the link here. Rather then just ask people to "wait and see" 

Please continue to entertain us. Looking forward to it 

Walan, didn't know to win in a debate with you I have to prove I am richer than you. Since when in LYN does a person's wealth will determine who's idea is more convincing ? Grow up boy  

I feel like talking to a kindergandener. Trying to teach him 2+2 = 4. Then suddenly he said "you gotta prove to me you are richer than me, if not why should I learn from you ?"

I really like you. You are a great entertainer of this forum 

From your previous replies, I don't see a correlation between your (claimed) qualification and experience with the knowledge in taxation and economics

On second part of your comment, you seemed to be more preoccupied in thinking of losing money in the recession than making money in boom times. You only notice the sadness of "people drown by their investment". How about people making money during property boom ? It has 2 sides for every coin

Not to sound too optimistic, in all types of investment there are instances we lose money. But there are also chances we make money. It is up to the people to judge based on their business acumen. Risk and opportunity is always there for us to grab. Of course you can choose not to grab it.

I notice the conservatives tend to wait for all 10 traffic lights to turn green at once before they move. While entrepreneur will solve the issue when they come to a red light.

Of course, the dare devil who beats the red lights takes more risk and may reach the destination a lot faster. But on the other hand, he may be killed when he jumps the red at the 4th traffic lights 

While the conservative never move because the traffic lights will never turn all green simultaneously

From your previous replies, I don't see a correlation between your (claimed) qualification and experience with the knowledge in taxation and economics

From your previous replies, I don't see a correlation between your (claimed) qualification and experience with the knowledge in taxation and economics

On second part of your comment, you seemed to be more preoccupied in thinking of losing money in the recession than making money in boom times. You only notice the sadness of "people drown by their investment". How about people making money during property boom ? It has 2 sides for every coin

wat happen to most asian currency especialy malaysia.Drop so much

wow, i tot malaysia's property is one of the cheapest around?

guys, I need advice here:

I'm a first time property buyer. Recently I saw an apartment unit at Pelangi Damansara, the unit is vacant and rented out, and tenancy contract will end next year Dec. The owner is selling at RM325K and the current rental is RM1400 per month.

I have searched around, the units of this apartment are selling at RM280K +, not more than RM300K.

My questions:
1. Given the MRT is under construction, is it worth buying this unit for investment?

2. Should I get an inspector to investigate the value of this unit?

guys, I need advice here:

I'm a first time property buyer. Recently I saw an apartment unit at Pelangi Damansara, the unit is vacant and rented out, and tenancy contract will end next year Dec. The owner is selling at RM325K and the current rental is RM1400 per month.

I have searched around, the units of this apartment are selling at RM280K +, not more than RM300K.

My questions:
1. Given the MRT is under construction, is it worth buying this unit for investment?

2. Should I get an inspector to investigate the value of this unit?

good rental, my friend is renting out RM800 only. perhaps is time to revise the price.

Same la for the worst thing that will be happned for both is undergone to public auction if one failed to pay promptly.

Real estate somehow can expect for capital appreciation but car definitely depreciate in value.

Lets say the house with loan 15 years and the market value 500k. One failed to pay at year of 8. The market value if lucky with minimal appreciation of 5% pa. Roughly 150k up from 8 years ago. The auction price starts from 650k. If lucky again, many bid for it, call price will be above 650k as happened since 5 years ago.
If not lucky the bid price will maybe minus 10% from market value 650k.

All stated above is only assumption. Find your real case study.

15 years loan, paid back at year 8, the loan amount also starting reduced. Equity has been built up then.

You have too much worry, what a typical mindset of down camp, that's why we have so many down camp here, scared this and scared that, keep waiting until price went up, then complain price unrealistic and hope for price drop.