Welcome Guest ( Log In | Register )

11 Pages « < 3 4 5 6 7 > » Bottom

Outline · [ Standard ] · Linear+

Investment MOVE TO COOL OFF PROPERTY INDUSTRY COULD BACKFIRE, None of the Asian countries had success

views
     
Rooney1985
post Sep 9 2013, 02:08 PM

Enthusiast
*****
Senior Member
986 posts

Joined: May 2012
QUOTE(Mikken @ Sep 9 2013, 02:05 PM)
Car is the basic necessity for any youngsters starting to work unless you can rent/buy properties near to LRT and your working place is near to train stations too. Even if you take LRT and rent a room, it can be quite dangerous also as many snatch thief cases happened while walking back to the rented place. In this aspect of ensuring safety and ease of access to public transport, the 50 plus years government had failed us. Kudos for them for building LRT extension and MRT, but it is 10 or 15 years behind schedule really.

Not safe riding a motorbike though. Guys can ride but how many working office ladies ride motor to work?
*
rclxms.gif rclxms.gif rclxms.gif

Another option... parents send you to work so don't need car... brows.gif

laugh.gif laugh.gif laugh.gif

Can feel this forum getting very emo nowadays... my observation only la...
Mikken
post Sep 9 2013, 02:12 PM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


QUOTE(robertchoo @ Sep 9 2013, 03:06 PM)
Same advise. Rent until you can afford to buy. Buying a property is not a necessity. One can always rent
*
Actually, Asians are really peer pressured in buying properties. Most of the Chinese couple I know will buy a property b4 tying the knot. Only seen one or two couples renting - instant marriage cases. Yeah, with rental still affordable in Malaysia compared to buying, agree with you. Back 4 or 5 years ago when condominiums were really affordable, couples should just buy. But now, just buy according to your capacity.

Give a few examples:
Rent - RM1,400 - RM1,500
Instalment + maintenance if buying own unit: RM2,400. Don't forget all the yearly assessment fee.

Better put the extra of close to 1k in other types of investment I think.


JamesPond
post Sep 9 2013, 02:14 PM

Look at all my stars!!
*******
Senior Member
4,526 posts

Joined: Mar 2006
why not renting? do you have the pros of renting?
Mikken
post Sep 9 2013, 02:19 PM

#
******
Senior Member
1,092 posts

Joined: Mar 2008


QUOTE(Rooney1985 @ Sep 9 2013, 03:08 PM)
rclxms.gif  rclxms.gif  rclxms.gif

Another option... parents send you to work so don't need car...  brows.gif

laugh.gif  laugh.gif  laugh.gif

Can feel this forum getting very emo nowadays... my observation only la...
*
Another option, move to SG and enjoy the good access to transport. Work SG buy KL.
SUSAmayaBumibuyer
post Sep 9 2013, 02:26 PM

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

Joined: Mar 2013
QUOTE(Mikken @ Sep 9 2013, 02:05 PM)
Car is the basic necessity for any youngsters starting to work unless you can rent/buy properties near to LRT and your working place is near to train stations too. Even if you take LRT and rent a room, it can be quite dangerous also as many snatch thief cases happened while walking back to the rented place. In this aspect of ensuring safety and ease of access to public transport, the 50 plus years government had failed us. Kudos for them for building LRT extension and MRT, but it is 10 or 15 years behind schedule really.

Not safe riding a motorbike though. Guys can ride but how many working office ladies ride motor to work?
*
Basic necessity is a home first than a car. Youngsters should get that priority straight. Always have an option of a bike. And everything is dangerous, not just snatch thieves. People can still rob you while you are in the car. Happens a lot lately.

Ok if you want to put ladies into the mix, I will say dont worry it is the husbands job to provide for you a homke. Then ladies buy a car if you want....but then use the LRT better. Anyway a lady fren of mine got robbed while she was in the car. A tip for ladies, if you are a lady driving a big car like a BMW, these robbers will like to target you. Easy prey with a lot of money they will think. True story. Well, just be vigilant.

Oh yeah remember the story of the people who got robbed in the parking lot in shopping complex? Everything is negative if you really want to look at the worst side of things. If you want to look at it that way, everything is bad, nothing is good. Might as well dont live. And dont eat at McDonals, lots of calories, gonna get a heart attack...stuff like that.
Rooney1985
post Sep 9 2013, 02:26 PM

Enthusiast
*****
Senior Member
986 posts

Joined: May 2012
QUOTE(Mikken @ Sep 9 2013, 02:19 PM)
Another option, move to SG and enjoy the good access to transport. Work SG buy KL.
*
rclxms.gif thumbup.gif

But if you're working in SG with better pay, living quality (much lower crime, lower tax, cleaner, efficient transport)... would you still want to return to KL? And if you do return to KL, at what stage of your life (retirement?) and If its retirement, would you want to buy near city (investment?) or outskirts (retirement?)... currency so low nowadays, boleh-land is becoming the place to retire... the high crime rate also guarantees your retirement will end here... lmao!!! drool.gif

A lot of my friends in SG have already decided only to return when they retire... salary levels here are just pathetic... apologies and no offense intended towards those earning a living in boleh-land.
AMINT
post Sep 9 2013, 02:28 PM

Look at all my stars!!
*******
Senior Member
7,446 posts

Joined: Sep 2008
QUOTE(robertchoo @ Sep 9 2013, 02:06 PM)
Same advise. Rent until you can afford to buy. Buying a property is not a necessity. One can always rent
*
That is besides the point isnt it? That like saying if I employed a maid and the maid cooked lousy meal, then the maid said back to me," if u dont like the meal that i cook, u dont eat la. u go eat bread only". Also same like," you tak suka, you keluar malaysia la. sapa suruh u stay. nobody ask u to stay". rclxub.gif

This post has been edited by AMINT: Sep 9 2013, 02:34 PM
SUSrobertchoo
post Sep 9 2013, 02:34 PM

Look at all my stars!!
*******
Senior Member
5,753 posts

Joined: Feb 2013


QUOTE(JamesPond @ Sep 9 2013, 02:14 PM)
why not renting? do you have the pros of renting?
*
Many pros
1) no debt
2) no lock in location. Can move out as and when you want
3) no risk of interest rates increase
4) more disposable income as rent <instalments
5) no risk of property bubble
SUSrobertchoo
post Sep 9 2013, 02:36 PM

Look at all my stars!!
*******
Senior Member
5,753 posts

Joined: Feb 2013


QUOTE(AMINT @ Sep 9 2013, 02:28 PM)
That is besides the point isnt it? That like saying if I employed a maid and the maid cooked lousy meal, then the maid said back to me," if u dont like the meal that i cook, u dont eat la. u go eat bread only". Also same like," you tak suka, you keluar malaysia la. sapa suruh u stay. nobody ask u to stay".  rclxub.gif
*
How is that the same?
The gov does not owe you a nice cheap house in a good location the same way as the gov dun owe you a bmw!! If you can't afford to buy a bmw then buy a kancil. Otherwise buy motorbike. How can blame gov?
Rooney1985
post Sep 9 2013, 02:39 PM

Enthusiast
*****
Senior Member
986 posts

Joined: May 2012
QUOTE(robertchoo @ Sep 9 2013, 02:36 PM)
How is that the same?
The gov does not owe you a nice cheap house in a good location the same way as the gov dun owe you a bmw!! If you can't afford to buy a bmw then buy a kancil. Otherwise buy motorbike. How can blame gov?
*
biggrin.gif
AMINT
post Sep 9 2013, 02:41 PM

Look at all my stars!!
*******
Senior Member
7,446 posts

Joined: Sep 2008
QUOTE(robertchoo @ Sep 9 2013, 02:36 PM)
How is that the same?
The gov does not owe you a nice cheap house in a good location the same way as the gov dun owe you a bmw!! If you can't afford to buy a bmw then buy a kancil. Otherwise buy motorbike. How can blame gov?
*
Errr. i never blame gov liao. check my previous comments bro. i said that it is harder for gen y to make a living and become rich as compared to gen x. thats all ma.

not saying gen y never bs also. coz gen y also bs about not paying ptptn, complain2 houses so expensive but never want to resort to cheaper houses like flats and cheaper condos. but all these are besides the point that it is easier for gen x to become rich as compared to gen y.
AMINT
post Sep 9 2013, 02:52 PM

Look at all my stars!!
*******
Senior Member
7,446 posts

Joined: Sep 2008
QUOTE(AmayaBumibuyer @ Sep 9 2013, 10:53 AM)
last time RM1 can buy 5 karipaps
Now RM2 only buy 5 karipaps
So RM10k now is RM5k for the prveious generation. Inflation inflation inflation.

And talking about previous generation screw us up, Who the hell agree with the existence of PROTON? Stupid morons! Should have known better. I was a small kid, so I dont know and cant say much. Previously I heard from people good branded cars were quite affordable by Malaysians after Merdeka. Then came PROTON and screw everything up for the new generations. Now good luck for us to buy good reliable cars that is worth the money. Good luck ever for the government to really do what they say and decrease the car price. They talk only, but they wont do it. Stupid previous generation.
*
Face it, we are living in a world set by previous generation. gen-x provided the fundamentals to run our country and also our companies. our companies are mostly running like gen-x companies. even the gen-x are still there to be the so called dictator (tutup telinga and think ownself only right). sounds familiar in your company and Be End? it will take some time before we change this mindset when all gen y run the country and companies.

This post has been edited by AMINT: Sep 9 2013, 02:53 PM
SUSAmayaBumibuyer
post Sep 9 2013, 02:58 PM

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

Joined: Mar 2013
orait orait u guys are on the same side, just different way of talking.
Showtime747
post Sep 9 2013, 03:22 PM

Look at all my stars!!
*******
Senior Member
4,258 posts

Joined: Nov 2012
QUOTE(AMINT @ Sep 9 2013, 08:31 AM)
Huh? Do u know what u r actually saying? Do u know that salary hasnt moved much but property prices have moved so much that gen Y cant catch up? And the loan period, we only have 35 years, not 40 years now, mind you. Even with 35 years, u think that is good affordability? We have to pay until we are old, liao. Yeah our salary hit rm10k by 30 years old. So what? A rm7k earner also finds it hard to afford normal houses these days. Not like last time. There is this thing called inflation too. Look it up. Remember, it is the gen x that shaped this screwed up malaysia for gen y. Not to mention that gen x inherited most of the lands from previous generation freely and sell and used the money gao2. Gen y got nothing mah. Check la which generation that boasts about having so much of land. Gen x or gen y? Gen x was imho the right generation to make money because they came in just after merdeka and development was quite rapid. Now gen y peeps have to be more creative to get the same wealth. Gen x gets scholarship  easily with stupid results. Gen y no way. Gen x easily gets a job with a degree. Gen y not easy to get a job with just a degree. Just because u r not gen y, dont think that situation is easier for us. I am speaking in general by not considering some exceptional cases.
*
Lets just concentrate on ease of buying property. Last time we never complain cant afford houses when we graduated. Because we are realistic. We knew we must work hard, save hard to buy property. It will be late 20s or early 30s before we buy our first property.

Nowadays, fresh grad complain they cant afford. Just compare to yourself. You bought property at 23. At our time, it was impossible. We dont have Dibs, zero entry cost etc etc. We must have 10-20% to buy. I will be laughing if i can buy property 1-2 years after graduation.

Be appreciative man yawn.gif
AMINT
post Sep 9 2013, 03:26 PM

Look at all my stars!!
*******
Senior Member
7,446 posts

Joined: Sep 2008
QUOTE(Showtime747 @ Sep 9 2013, 03:22 PM)
Lets just concentrate on ease of buying property. Last time we never complain cant afford houses when we graduated. Because we are realistic. We knew we must work hard, save hard to buy property. It will be late 20s or early 30s before we buy our first property.

Nowadays, fresh grad complain they cant afford. Just compare to yourself. You bought property at 23. At our time, it was impossible. We dont have Dibs, zero entry cost etc etc. We must have 10-20% to buy. I will be laughing if i can buy property 1-2 years after graduation.

Be appreciative man yawn.gif
*
Thats why I said dont compare with me. maybe i was lucky coz also naik pangkat laju than the normal standard. but if u check the general gen-y, they are not doing good, bro. 1st house also kenot afford even though at 28 to 30 years old.

u can say they are lazy, they complain too much, they dont work hard enough but the fact that the majority of them are facing this issue. takkan semua teruk2 kot.
Fabio1
post Sep 9 2013, 03:29 PM

Regular
******
Senior Member
1,447 posts

Joined: Sep 2010
My 2cents of advise if the gov increase the quantum of foreign buyers to RM1 Million and above the developers would drop the price and make way for local buyers and do you think there will be sky rocketting price
kochin
post Sep 9 2013, 03:30 PM

I just hope I do!
********
All Stars
10,314 posts

Joined: Dec 2009
From: Malaysia


QUOTE(AMINT @ Sep 9 2013, 03:26 PM)
Thats why I said dont compare with me. maybe i was lucky coz also naik pangkat laju than the normal standard. but if u check the general gen-y, they are not doing good, bro. 1st house also kenot afford even though at 28 to 30 years old.

u can say they are lazy, they complain too much, they dont work hard enough but the fact that the majority of them are facing this issue. takkan semua teruk2 kot.
*
do you know what is the average age of house purchasers nationwide versus other countries?
Fabio1
post Sep 9 2013, 03:38 PM

Regular
******
Senior Member
1,447 posts

Joined: Sep 2010
My friend sent this to me,
https://www.facebook.com/photo.php?fbid=696...&type=1&theater
AMINT
post Sep 9 2013, 03:52 PM

Look at all my stars!!
*******
Senior Member
7,446 posts

Joined: Sep 2008
QUOTE(kochin @ Sep 9 2013, 03:30 PM)
do you know what is the average age of house purchasers nationwide versus other countries?
*
before we go to that question, how can we compare ourselves to other countries? how do you gauge? just by average age of purchasers? or must it be tied to other bigger issues?
Showtime747
post Sep 9 2013, 03:53 PM

Look at all my stars!!
*******
Senior Member
4,258 posts

Joined: Nov 2012
QUOTE(AMINT @ Sep 9 2013, 03:26 PM)
Thats why I said dont compare with me. maybe i was lucky coz also naik pangkat laju than the normal standard. but if u check the general gen-y, they are not doing good, bro. 1st house also kenot afford even though at 28 to 30 years old.

u can say they are lazy, they complain too much, they dont work hard enough but the fact that the majority of them are facing this issue. takkan semua teruk2 kot.
*
Same with my generation. There are some who cant afford properties even in the early 30s. But thats because they are choosy. Nowadays properties like flats with security in the range from rm1xxk still got. Those walkup apt with security in the range of rm2xxk also got. They can buy these cheaper ones and upgrade later when they get promoted

11 Pages « < 3 4 5 6 7 > » Top
 

Change to:
| Lo-Fi Version
0.0234sec    0.56    5 queries    GZIP Disabled
Time is now: 6th December 2025 - 06:24 PM