Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
11 Pages « < 5 6 7 8 9 > » Bottom

Outline · [ Standard ] · Linear+

 V12 - Property prices discussion, For non "UUU" and "DDD" campers only...

views
     
SUSAmayaBumibuyer
post Aug 15 2013, 11:10 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(kidmad @ Aug 15 2013, 11:08 PM)
haha good luck bro.. to be really honest i got no idea where is that. hahaha
*
Thanks. Well when Velocity kicks in, then u know soon enuff.
Good luck to u too.
SUSAmayaBumibuyer
post Aug 15 2013, 11:17 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(AppreciativeMan @ Aug 15 2013, 11:15 PM)
Wow...... This is another type of sensitive subject woh......  tongue.gif
*
Okla i say la, of course la the chinese. But i dont mind.
SUSAmayaBumibuyer
post Aug 15 2013, 11:18 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(AmayaBumibuyer @ Aug 15 2013, 11:17 PM)
Okla i say la, of course la the chinese. But i dont mind. Purchasing power i mean.
*
SUSAmayaBumibuyer
post Aug 15 2013, 11:34 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(AppreciativeMan @ Aug 15 2013, 11:27 PM)
U missed another 2 words..... with 'muscles'....
So generally, layman complains doesn't works there..... Their complains or action works.....  tongue.gif  tongue.gif
*
But that building is really next to the upcoming police squatters if i am not mistaken. Well dunno la if anything can be done, nowadays hard to trust the police.
SUSAmayaBumibuyer
post Aug 16 2013, 06:44 AM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(Seremban_2 @ Aug 16 2013, 03:13 AM)
Yup, first few years installment very large portion paid to mortgage loan interest. if BLR 6.6 - 2.3 equal to 4.3 interest rate for RM400K loan and bank principle (RM400k) plus interest earn interest. Like rolling a snow ball from top of the hill.

I think when you sell if property less than 5 yrs then RPGT will squeeze the profit, legal cost, agent commission, maintainance fees owing and etc etc. Not an easy game investment to play for newbie because entry cost is much heavier than selling. Finding a tenant to rent will be another hard thing to commit & do in the long run.

If you cann't pay 3 month installment then the bank straight lelong the property and you get nothing after a few installment. Best is to have prepare 6 months installment cash in bank to avoid.
*
Ooo according to DDD campers, the one who missed the boat, used fixed mortgage rates, can have negative correlation if BLR increase, means if BLR increase your rates can be lower!!....after this, they will argue this only works in d US and not in Malaysia la, or FED dont affect BLR laa...yada yada yada.... U know die die want to win debate one.

Anyway i dont believe such thing. Well maybe negative correl if interest rate is high but not when FED is at an all time low where it cannot go any lower anymore. Anyway who uses fixed rates here anyway?
SUSAmayaBumibuyer
post Aug 16 2013, 07:42 AM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(Seremban_2 @ Aug 16 2013, 07:23 AM)
What is "UUU" and "DDD" campers only?  blush.gif

Sorry AmayaBumibuyer, sound like you angry? Anyway, Good Morning.
*
Morning.
My definition DDD Down camp and always looks at everything negative.

UUU is Up camp lah.

Not angry laa. Smiling here, just dont like to use emoticons.

But i am BBB, dont think just buy dont care if it UUU or DDD, coz in d end u need property to live in.

Burn Baby Burn!
SUSAmayaBumibuyer
post Aug 16 2013, 09:27 AM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(taufu @ Aug 16 2013, 12:36 AM)
Am a newbie in prop but isn't first few years installment very large portion paid to mortgage loan interest?
When selling minus various fees like agent comm, lawyer fees etc, the profit not that much isn't it?
*
Dont overthink so much for your first property that you want to buy. If you can afford to buy it that is. If you can not afford, then maybe you need to think. My own experience, I think a bit listen to people who says prices are tooo high! In the end I dont think I just buy.

For your second property, ok then you might need to think. Especially if you are flipping.

For my decision on the second property. A car or another apartment?, a car or another apartment? Then what the hell, buy another apartment and let go the car, but at that point developer increase 20k and no more early bird discount. So basically increase by 40k than the price that I could hav initially bought. Damn.
SUSAmayaBumibuyer
post Aug 16 2013, 02:45 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(slickz @ Aug 16 2013, 12:40 PM)
Good news? That's just an opinion that houses are expensive.
That's ... more truth than.... bad or good news. I think more people need to look into buying old cheap houses, then with surplus money they renovate , paint and spend on ID to make it look even better than the 700k houses.

Buy 200k old 2nd hand house, renovate worth 100k and get 400k savings.
Good plan? No?
*
Good plan but they don't want to do that. They want a very cheap new launch projects in the middle of KL.
SUSAmayaBumibuyer
post Aug 16 2013, 04:19 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(lucerne @ Aug 16 2013, 02:50 PM)
heard they sharing the room by rotate, some went back to hometown and some new tenant came in.
*
Well I guess if they can abuse the system and make it work.
SUSAmayaBumibuyer
post Aug 16 2013, 04:43 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(lucerne @ Aug 16 2013, 04:33 PM)
許多人就像“垃圾車”。他們到處跑來跑去, 身上充滿了垃圾、充滿了沮喪、充滿了憤怒、充滿了忌妒、充滿了算計、充滿了仇恨、充滿了傲慢與偏見、充滿了貪心不滿足、充滿了怨言、充滿了比較、充滿了見不得人好、充滿了無知、充滿了愚痴、充滿了煩惱、充滿了報復、和充滿了失望。

隨著心中的垃圾堆積又堆積,他們終需找個地方傾倒;有時候,我們剛好碰上了,垃圾就往我們身上丟....

所以,不要介意,只要微笑、揮揮手、祝福他們, 然後繼續走我們自己的路就行;千萬別將他們的垃圾接收擴散給同事、家人、或其他路人。

這兒的底線是:成功的人絕對不讓垃圾車接管自己生活當中的任何一天;人生苦短,絕對不要浪費心思在這些上。

所以....仁愛對待與你以禮相待的人;不用去理會那群”無理取闹者”。
*
I like this. Always think of negative negative right and try to spread the negative energy around so that everybody will feel down.

Well I feel very positive and just Burn Baby Burn! to the negativity.
SUSAmayaBumibuyer
post Aug 16 2013, 04:49 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
Oh yeah I dont undestand chinese, just reading the translated one from slickz
SUSAmayaBumibuyer
post Aug 16 2013, 05:32 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(axisresidence17 @ Aug 16 2013, 05:30 PM)
ok got my loan approve but 70 percent only for 2nd loan..price higher than what I wanted but lower than the current asking prices..so go ahead and buy because its gonna be UUU or abort because its gonna be DDD?
*
Its BBB baby! Kidding.
SUSAmayaBumibuyer
post Aug 16 2013, 06:59 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(cockee @ Aug 16 2013, 04:08 PM)
This is a good point.  rclxms.gif

Sometimes it is easy to blame the purchasers for being poor, for not working hard enough or being choosy.
At times, that can be true.

Not everyone wanna stay nearer to CBDs because of glamour, but due to transportation issues.
It is easy to ask people to stay in rundown flats, without thinking about the security and environment for family especially those with young children.
*
I just saw and realised the negativity of this post.

I live in such rundown flats before laa. I said that it is liveavle condition. And the price 100k, you pay with what you get. Dont expect a grand apartment in the middle of KL la for 100k. And dont blame the purchasers who managed to buy a good apartment that is worth 600k now when last time it was worth 400k.

It is easy for me to say to stay in rundown apartment becuase there is much more worst than that. U can be homeless!
And again i live in such rundown apartment before and for 100k and if i earn 2k a mnth, i dont mind getting one for me to live with my family. Accept the fact that some properties are out of reAch and buy what you can. I mean you bought a Proton right? Same thing. But that flat is more value for money than a Proton.
SUSAmayaBumibuyer
post Aug 16 2013, 07:01 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(kidmad @ Aug 16 2013, 06:26 PM)
read my previous post before commenting la.  doh.gif  doh.gif  doh.gif

and when you talk about inflation.. it's even worst if you keep cold hard cash. u know that right?

All you need to do is calculate the rental you are collecting. RM1.5k x 12 x 5 = rm90k.

So next calculate the total installment.. RM1k x 12 x 5 + rm165 x 12 x 5 + rm7.5k.

Do a simple math and now tell me are you losing money? Man such simple maths and you failed.. no wonder you joined the down camp I suppose? Don't just bash without thinking. start to use a pen and paper.. with your calculator.. do calculations to everything you about to doubt..  smile.gif

Oh shit.. I have not even factor in if the rental increases... nah nvm.. the above is good enough to justify as a quick glance calculation.
*
Down camp the negative camp. I like to spread the positive.
SUSAmayaBumibuyer
post Aug 16 2013, 08:22 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(cockee @ Aug 16 2013, 07:42 PM)
Dude I bought proton bcos at that time bcos I could only afford proton. But that doesnt mean back then I dun think proton is overpriced for its quality. It s becos lack of choices due to circumstances.
Acknowledging it is overpriced doesnt mean I m negative and did nothing about it. Now I drive a Beemer and I still think Beemer in Malaysia is overpriced. In fact I think all cars in malaysia is overpriced. So is that negativity or simply acknowledging a financial fact?
If u r investing u need to acknowledge not every investment bring positive return. Some are good and some are toxic assets.
Just because ppl have contrary view to u doesnt make us negative.
*
Bro contrary view is contrary view. But the view can be negative or positive. Be honest and tell me your contrary view is it negative or positive? Dunt be like that guy who die die die wanna win debate one but kena KO'd me lots of times. But then of course dat guy makes more sense according to u. Sure if that is what u think.

I say is OK to live in a 100k run down apartment that is actually very near KLCC. Is that a positive or negative view? I am encouraging people to do it but you are discouraging them right? In fact i want to suggest my brother to buy dat flat actually. But giv it some time, i will suggest it to him soon.

Financial fact can be acknowledged of course, but always bringing possible negative things that could happen but never happen just to make people feel very scared and down, total negativity ler. Again contrary view can be positif and can be negative too. Tell me honestly who is spreading this prophecy of doomsday for Malaysian economy? The DDD or the UUU? Again dont be like some people who die die die want to win debate one. Just accept that the view is negative.

And I'd rather buy dat flat instead of a Proton.

This post has been edited by AmayaBumibuyer: Aug 16 2013, 08:23 PM
SUSAmayaBumibuyer
post Aug 16 2013, 08:42 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
Bla bla bla bla bla bla bla.
u can buli d other guy but u cant buli me.

I am so happy i m going to get my key soon. See positive!
SUSAmayaBumibuyer
post Aug 16 2013, 08:49 PM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
Ooh i just realised he attack my english too. Aiseii my english also want to attack kaa? I must be really under ur skin.

And i should say i am so happy to get my keys! I forgot i bought more than 1.
SUSAmayaBumibuyer
post Aug 17 2013, 05:00 AM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
QUOTE(loongchai @ Aug 16 2013, 10:51 PM)
Speaking of which, how often can you find a rented property that covers installment (RM1k) and get additional 50% (RM1.5k) loose cash as bonus? What makes you think you can increase the rent of a property that hasn't appreciate over 5 years. You'll be begging for your tenant not to leave, I assure you. Lots of assumptions on your side.

*
The thing is, if you say that property doesn't appreciate after 5 yrs is the one who is assuming too much because property will most likely appreciate, and most likely rent can increase too after 5 yrs. And please dont attack my English...or my Malay or Chinese or wutever language for dat matter like the other guy. I just dont bother to check grammar or spelling like he always do i guess. Anyway if u r really UUU, congratulations.

This post has been edited by AmayaBumibuyer: Aug 17 2013, 05:01 AM
SUSAmayaBumibuyer
post Aug 17 2013, 05:10 AM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
Kidmad,
FD is kind of a risk free investment, i guess it is fair to compare property investment with FD.

This post has been edited by AmayaBumibuyer: Aug 17 2013, 05:11 AM
SUSAmayaBumibuyer
post Aug 17 2013, 09:08 AM

Regular
******
Senior Member
1,216 posts

Joined: Mar 2013
There the negativity again that the guy is trying to spread. I know i can rent it out, dont be jealous.

I am so happy i m gonna get my keys!!.

11 Pages « < 5 6 7 8 9 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0188sec    0.51    7 queries    GZIP Disabled
Time is now: 12th December 2025 - 10:26 AM