depending. I used to stay in landed.. bought a landed prop back in 2008/2009.. stay only for a year and shifted out already.. It's kinda scary staying in 20x70 alone. Now staying in a 1000sft condo.. it's still huge for me.

Sui liao! gold price drop muahahahah. 1,100 faster come haha.

Anyway I've survey Batu Tiga - Subang - Sunway area for my third prop.. Damn it.. it seems like the price had spike about RM50k approx in these area. nothing in RM350k is decent...

What to be aware of? Not like i'm buying gold during it's prime time. 1,900?

lol i do know that fact. "GOLD" it's just that to shut someone up regarding gold as an investment this would be the best time to buy. Not when it's sky rocket price @ 1.92 or 1.8x.

I have a negative view on props near the MRT/LRT line as well. I just hope those new lines would not be flooded with bangla who got their 2 years expiry IC.

There is once ppl are debating and talking about GOLD replacing Currency Value. Now talking about investing in other countries when yourself do not even know well about your own country... Speechless to be honest.

Never knew property talk would turn out to be an investment channel. In LYN we have separate sub-forum for the specific investment channel. Please click on them and discuss them there la instead of property channel.

The concern for folks in this section isn't about stock market in US, BRAZIL, NEVADA or whatsoever.. It's more towards the sustainability of our market at the current situation.

This post has been edited by kidmad: Jun 28 2013, 08:45 AM

spoken with experience

I'm more interested with Zuiko's mistress photo

bro.. go for whatever is lower.. We can't predict the future. If you go for higher what if the BLR continues to decrease? Adding on are you going to stay there for the rest of your life? You might be selling your place off in a couple of years. The longest period for me to stay in a place was 18 months I'll definitely pick the lowest.. Now i'm finding a place to shift again. haha

why would you say it's fix? it will still make a different.

hurmm..what I would suggest is to contact them and check it out. Not too sure whether they will give u the same rate when you borrow less.

This post has been edited by kidmad: Jul 4 2013, 10:07 AM

look whos talking. Pretty disappointed with how the way you put things. Just because you had a different POV and you would categorize them so lowly?? That's your conclusion? Just because you did not make it, it doesn't mean others had not reach there yet. You do not need to drag everyone down to your level to make yourself happier.

like it or not.. I'm having difficulty finding a apartment for less than rm400k now. So much about lelong unit and so on.. If you really did try it you will know how hard it is for you to get em.. tried to nego a couple and the owners insisted with the firm price. I'm not too sure whether it's the agent or owner but like it or not they are not desperate selling it and that's for sure. If you look at the trend now.. Anything below RM400k is CHEAP. It used to be RM300k previousll.. but for RM300k i can't even find myself something decent now.. While the figures in my banking account is growing but it isn't as quick as the property prices in klang valley... We are running out of land after all. look at where they are building the homes now.

Continue waiting and let's see where you get by 2014? All we need is time to prove you wrong.. backdated from 2007 until now.. how long more should the waiting game continue? Ask yourself.

that's why my focus is within the region of 250k - 400k. Myself do agree that the bubble is building up but anything below rm350 psft i think it's a safe buy. Those above the region of rm1000psft will be the first to kena hit if anything really do happen. made a mistake... should have not wait until after the election.. The /condo's in shah alam area is all being jacked up.. im kinda pissed cold calling the agents... i was like WTF.. they posted up 3 days ago.. when i call them they said "sold"? got xxxx or not... They don't even bother to recommend me any other thing, especially the chinese agents.... to my surprise they don't seem desperate for business while some of the malay agents seems to be nicer cause they will recommend something somewhere else at least...

;( too bad mine was after 2010... while the one i bought on early 2009 is sold right after a year and a half.

This post has been edited by kidmad: Jul 8 2013, 03:18 PM

That's an impossible price for G&G man.... start looking for condo instead..

At least for now.

When you are young you have to option to choose whether to worry or should I use the proper word, PLAN to worry? You can choose to start planning today Or else the other way round is to worry in your old age. Most likely during that period of time you can do nothing about it.

Why old age only worry? you said it yourself. No buy property no worry so when old ady continue to rent? Old living with only your

Why would your parents laugh when ppl took a 9 year loan for hire purchase? I've changed 3 cars in 6 years and all of em I took 9 years. What's the problem? maybe you should enlighten me. The most I lost as compared to others would be a couple of thousand when I try to sell them back to the bank but my banking account is cash loaded I have no problem doing that. In 6 years time I did twice early settlement for my hire purchase and once for my home loan. Taking longer tenure period loan does not mean it's a stupid move to begin with. Especially when you know what exactly you can do with your money.

Well put it in this way. If you know how to use your money wisely you will have some spare cash a couple of condo and a decent car at a young age. Nomos, while you might be laughing at others or maybe your parents but what if i told you that my 1st prop had gained me rm14xk which given me the chance to leverage further and use it accordingly?

Why did i took a 9 year loan instead of a 3 or 5 years? Simple.. you just need to find a way to play with the ruling BNM given you. if you tie yourself down with a loan as high as rm1.5k just for a car do you actually know your chances to obtain a loan from any bank is much lower as compared to a guy only borrow rm800 - rm1000? I have some cash left in my banking account but again.. Why should i put all of them into a CAR? Do you mean driving a BMW it's best to buy it with CASH? That's nut case.. when the loan for a BMW can go as low as 0.8 - 1.2% why don't you just get the damn loan and use your cash for better purpose?

Again those on the opposite camp sure call me chui sui la. Nah a little bit of sneak peak of what i have la.


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Newbie in investment WORLD!? Age is the only thing your money can't BUY! the rest of the FIGURES are just numbers!!@ Well i'm not too sure about you but at this point of life i really do not need to worry that much about dollar and cent.

Well it isn't wise.. But let me tell you the reason why i took 9 years.

My 1st car.. Just started working.. Drives a BLM at the same time i already have the intention that i need to SAVE a bulk of GOLD for my 1st home. Thus i took a car loan where the monthly repayment was RM397.

2 1/2 years time i manage to save RM30k not bad.. but still not enough for my 1st home.. My parent given me approx RM10k for lawyer fee and the remaining downpayment. My 1st prop at the age of 25. Pretty happy that moment.

My third year i manage to land a much better pay job with the right mentality... If i were to have the mind set of waiting and what also cannot be done i'm pretty sure i would not get the job. At that time.. Travelling from setia alam to Cyberjaya is too damn far the petrol consumption is close to RM120 per week. So i did an early settlement sold off the car and got a 2nd hand savvy for RM22k WITH 9 YEARS LOAN!? at this point why i do that??? Well that will go back to the first question.. What's the ruling of BNM again? How many % of your salary can be used for car installment or home?

So back to the point... You really do think all this happened because of luck? Well i'm lucky that my parents could help me with the 10k for my 1st home initially but other than that? Think again.. It's up to you on how you want to plan your life. Your take home salary itself would not make you problem free.

oh seriously? thank god i don't feel so. Haha

More like a government move to garner votes than to actually provide to the needy.