40 years only it's 100%

This post has been edited by kidmad: Aug 17 2013, 12:02 PM

Good for you if want to buy. Some people will discourage u to buy becoz accordinh to them, malaysia economy is goin down.

hi guys ... i am new here , i want to learn bout properties and lets start off with whats non UUU and DDD CAMPERS ...


thanks and cheers

up down grp

Ok Im going in. Signed the loan offer. So now Im vested..BBB baby!

* word of caution 1)Im buying subsale as I found prices of undercon sky high 2) Im not buying high end..

Up up up..please..

Good luck everybody. I hope all of us are successful on our purchases!

sometimes i really think if you are sane at the time of writing....

Regarding the bolded part, banks are not the same as Ali, Abu, Ah Chu or Ah Kow. Banks want us to place deposits into their accounts so they can lend more money to Ah Kidmad and also to keep their balance sheet healthy.

Now I have answered your question, allow me to ask you one: Banks have huge piles of cash in their inventory and since property investments are so good (don't need appreciation, rental is good enough, according to you), why doesn't the banks purchase the property themselves and rent it out instead? Why bother lending it to the public? Tips: risks.

Anyway, like I said, I am in the UUU camp. I am not into high rise, so my yields are very low. Appreciation is KING, in my opinion. Many rather not rent out their properties if they don't find the right tenants.

Yup appreciation is KING, at least for me.

Bought a subsale landed house for own stay in 2010 @ 430k, house value appreciated at least 80% today.
As of 2013 it is around 25% capital appreciation per year! If have known should have bought few more
Before moving in to stay this year, was renting it out for a low 1.2k / month, who cares about rental ROI.. it's the appreciation man!

Anyway the point here is, if buy now @ 800k, do I expect the same 25% capital gain a year like the last 3 years?

thats the problem these days when ppl don't read.. i'm doing a comparison to show seremban_2 even if property price do not rise we are not losing money. Adding on you from which era one? Heard of things called REIT bo? Ambank buying so many towers what is that? They buy for fun renting it out for free? whether y ou are the UUU camp or not i don't know but 1 thing for sure.. You seriously got no idea what are you talking about..

This post has been edited by kidmad: Aug 17 2013, 10:05 PM

Well sometimes i think u are insane when u write.

That's all you have left to say?
- people these days don't read (weren't you the one who was ignoring the "crappy" part of my post?)
- which era are you from? (modern era, but nobody cares anyway)
- heard of REITS? (I do, infact I have some in my portfolio)
- AmBank buying towers (so, buying a couple of towers has made Ambank into a real estate company now? don't make me laugh)
- you seriously got no idea what you are talking about (ditto, same can be said to you)

peace out

This post has been edited by loongchai: Aug 17 2013, 11:01 PM

In addition to what kidmad said about REITs, there is a business model done by the Islamic banks in the middle east, where they buy houses in bulks and then sell it to the public at a higher price to comply with shariah. So basically banks dont lend but invest in normal buy low and sell high. Dunno how it is done, like tenure or the rates being charged. Malaysian banks dont dont do that, so i dunno how the thing works. Dont think they rent it out, i mean the middle east banks dont rent it out.

No la bro, I am at the better position than anybody else. Common sense will tell that I atleast need a house to stay and conservative person like me & prefer play safe also need a house. Of course there is alot of property selling far too high and don't make sense as well. Example property far too high a Seremban 2 house selling at RM690k DSL subsale.Or another example my friend house selling DSL RM500k Subsales. Would you buy? Somehow there is water fish around unlucky listen to him and buy it. Therefore there is a winner and loser in the market.

Becareful 1st time house buyer and work hard save hard.

the funny part. Bullish but Cautious meaning ?
Residential prices remain flattish
Posted on August 17, 2013 - Featured, Property News.
By Thean Lee Cheng | leecheng@thestar.com.my

Primary condo market performing better than secondary market


VARIOUS issues related to affordability and speculation continue to hog the overall residential market for the first half of this year. Coupled with the recently concluded 13th general election, the first half was “relatively sluggish”, property research reports concluded.

In fact, prices have been “flattish over the past 12 months”, one report concluded, due in part to the various cooling measures instituted by the Government.

The primary high-end condominium market appears to be performing better than the secondary market due to various incentives and attractive payment schemes and product offerings which come in smaller sizes in line with today’s market trend.

In the prime areas of KL city centre (pic) and Mont’Kiara, prices and rentals remain generally flat due to the high supply and a weak leasing market, says Knight Frank.

In its research report for the first half, PPC International Sdn Bhd says it “believes that the residential market is experiencing a general slowdown.”

This view, the report says, is supported by falling transactions. The total volume of transactions in the first quarter of this year dropped to 17,796 units compared to 23,790 units in the same period last year.

The existing residential property stock for the first half of this year is 4.67 million units. However, the new planned supply dropped to 31,677 units in the first quarter of this year from 32,472 for the same period last year.

“The drop in the total planned supply for Malaysia could be interpreted as a sign of developers exercising caution in launching new residential projects,” the report says.

The slower momentum, however, is not evidenced in Johor, especially in Iskandar Malaysia.

“The average house price dropped from RM251,731 in the last quarter of 2012 to RM245,036 in the first quarter of 2013. Kuala Lumpur, Selangor and Penang also experienced a decline in average house prices.

“However, there is no specific record on falling prices of any category of real estate. We believe, the drop in average house prices is largely brought about by higher volume of low to medium cost residential units sold.

“Against this environment, PPC believes that the residential market is experiencing a general slowdown,” the report says. The demand for landed housing continues to be high, notwithstanding the fact the returns do not justify as investment properties, the report says.



Going forward, the interest is expected to hover around developments close to the ongoing MRT/LRT extensions.

Knight Frank says prices of condominiums in the secondary market in the suburban areas are expected to continue to perform well, supported by sustained local demand.

“Prices of well-located high-rise properties that are managed well continue to appreciate, closing the gap between primary and secondary prices,” the Knight Frank report says, adding that yields continue to be compressed as price increments/high selling prices do not correspond with the lagging rental market.

In the primary market, there were a few high-rise residential property launches towards the end of the first half. Enquiries with developers by property consultants revealed good takeup rates of these developments.

Among the most prominent is Venus Assets’ Four Seasons Places located within KL city centre, the first of its brands in South-East Asia.

“The popularity of global branded residences continues to be on the rise, setting a new definition to luxury living complete with hotel supported services,” Knight Frank says.

The average selling price for Four Seasons Place is in the region of RM2,500 per sq ft with buyers comprising mainly Malaysians and foreigners from Japan, Hong Kong and Taiwan.

More launches have been scheduled for the second half with a certain degree of “caution”, taking the queue from overall global situation.

The PPC report says “house prices recorded by the National Property Information Centre indicate that the market is creeping into a consolidation phase.”

“PPC does not foresee a definite impact on the demand from young professionals, given the shorter home loan repayment period and the pricing of residential market which is beyond their financial income bracket.”

While foreigners will be attracted to predominantly Kuala Lumpur city centre, Penang and Iskandar Malaysia, local purchasers will be geared more towards purchasing township developments, especially landed homes, the PPC report says.

Moving forward, 2013 will also see developers acquiring land for medium-sized developments.

While the market generally is in a cautious mode, the outlook for residential market in urban locations is bullish, it says.

really ? i thought that was exactly you. in denila yet like to attack people with emotions, a bit same like a owman whose is coming in period LOL

See i told u, u are insane, everybody can see. I attack people? U and ur Downer frens deserve one another ler. Start ur own thread and continue to b!tch about Malaysia's economy there. Ur other frens no better already to start wit me.

Now i know one of ur downer frens will pick ur statement up and then talk nonsense about me with one another. Go ahead.

Yes common sense as i told everybody, in d end u need a house to live in. Just beware of people here who pretends to give you advice but secretly wants u to fail.

I am targetting myself a landed house in KL now dat my backup plan is in order.

wow, look at your way of talking...ok im correct then, thanks for confirming that hehehe. did u do anything about your period ?

Loongchai, let's talk about fact. you are the one saying why don't bank buy it themselve.. now when i told you they did and this is what you have to say? I guess some ppl's ego are just too great to back out.