Hey guys and girls out there,

I just saw this thread quite interesting.

I personally have zero property under my hand and currently cash king with stock and investment such as public mutual. If I were to buy a property now at RM400k then I would be living in a situation Liability more than asset.

Asset =Liability + Equity

Can I assume those who own 3 property still owing to the bank and pay installment every month consider as having more liability than asset? If the property cann't get rental then it will be a loss as well. Plus monthly maintainence running every month.

Currently I think the rental market would be weak due to competitive for rental and many prefer to buy/own their property instead of renting. Why would I pay rental every month instead of installment to the bank every month? I might well focusing minimise loan owing to the bank.

Employees nowdays would like to run out from the rat race to own & run a business to achieve financial freedom, personal goal, better living standard and etc etc.

There will be a situation seller want fast exit for many factor/reason. Example Cash Flow for running business, family member sick need money, work in singapore no time to handle property, working position with high responsibility flying around representing company and etc etc.

Government still need to maintain alot of government servant.

If public sector gaji naik, then government sector will more likely affect. Imagine teachers and army salary.

This post has been edited by Seremban_2: Aug 15 2013, 06:45 AM

You are the best person who answer my question. ........I know so if cann't get rental income or cann't get tenant to rent the property then it will be a RISK making losses or fork out own pocket money already. Actually I got a rough idea from my friend who bought casa subang. Just that bank loan + interest will keep on rolling and previous interest add on to generate interest following month.

So now hoping appreciation of property will deduct the balance sum owing to the bank is your profit. Seem like I got the whole picture.

I will study and do critical thinking on this matter.

Still I see more disadvantage than advantage measurement on investing in property but anyway this is other people business and they do what they like with their money.

Stock depends how you see and mastering it to handle risk.

Good luck to everybody.

Government can just using pick any tools to generate revenue or taxes from rakyat example GST 7%. Government still win the support from government servant which is majority and able to deliver promises handout to make it nice.

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.

This post has been edited by Seremban_2: Aug 16 2013, 03:13 AM

What is "UUU" and "DDD" campers only?

Sorry AmayaBumibuyer, sound like you angry? Anyway, Good Morning.

This post has been edited by Seremban_2: Aug 16 2013, 07:24 AM

Can this become my benchmark for personal loan? Does housing loan and personal loan the same? So far I know personal loan interest rate is higher than housing interest rate.



This post has been edited by Seremban_2: Aug 17 2013, 05:20 AM

I got it already....Thank You......It really tempt me buying a unit as well. Anyhow, hope new buyer does their homework before making final decision.

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.

Don't worry, property price will appreciation either slow or fast for that particulary property you buy and you are save rental cover. I have seen people buy property left it abandoned for 20 yrs without rental through out the years. Because I have been passing by the same shop lot for 20 years and still it appreciate at a gain after 20 years. Still got ppl buy over after 20 yrs believing it is cheap and that area got potential to grow in long run.

https://forum.lowyat.net/topic/2906955

If this property price is less or equal RM470k then it is a good investment due to all the good factor.

Yeah!!! I think agent selling at RM499,000-00 after discount.

This post has been edited by Seremban_2: Aug 19 2013, 11:39 AM

Morning all!!!

Better buy property which is safer than stock. Badly burn. haiz...

This post has been edited by Seremban_2: Aug 21 2013, 10:26 AM

Yeah!!! Alot of of Pong Sui share in the afternoon for you to grab.