You mean price will increase?

so during usa property bubble.

usa govt should increase rpgt?  solving all the bubble.

wow!. u really property tycoon.

Thanks for all your opinion , I am positive now.very positive indeed

dsl now average cost 650k

if the price on a dsl cost rm2 million or cost Rm 300k next year

we still have same demand?

what if rpgt suddenrly go up to 200% tomorrow

650 x 2 = dsl house need to sell 650+650+650 =1950k wo.

So within 3 years the prop price increased 30%.
Now let's talk about demand.
Demand is also depending on affordability. We can 'demand' to buy. but if cannot afford also no use, right?
The same situation above; prices went up 30%, but does the average income in Malaysia shoot up by 30% in 3 years?
If not, how to sustain the demand?

i ask ridiculous question bcs i get very blur ridiculous info from you.

i am just ikan bilis. not many. relevant meah?

okok... i am just thinking buy that 4mil banglow lot in jade hill.... so how it sound now?

Quite agreed on what u said so far.
But what do you think about current on-going projects and those completion within 2016?
I think it's still a good investment currently for those still having DIBS now.
But upon 2016 we still need to hold for at least 1-2 years before we sell off.
Since RPTG is going to be increased as predicted.
As I am thinking bout investing in my 2nd property now.

congratulation!!! hey price drop soon, you dare to buy?? kekekeke

Sometimes I see you guys fighting also I feel funny .. from one battlefield to another

Semua also tycoon tycoon ... like fighting for amusement only ... lolss

1)As i know this tikaram also bought few properties and doing export Banana business.

2) ProperTycoon - Pls advice how to identified someone is factually a tycoon? by nickname, own portfolio, or well known?

3) 1ullaby - Take it easy, we are small ikan bilis to learn how to be a big Fish...haha..

Cheers

I agree on bumi lot...  So you didn't pay the 7 % upfront.. but wait until they (state office) give you discount. coz i notice bumi lot + 7% is still lower than  market price for non-bumi. I thought you straight away pay the 7% and offload it. From my experience, bank normally only approved 80% + they wouldn't cover legal fee, we have to pay on our own. If the unit cannot obtain consent , have to pay half of the legal fee and cash reserve have to be strong for these kind of play be it lelong or bumi lot
Yup tax is a pain.when they know how much we earn , they will come kacau.

very true.. have to wait 1-2 years... but if pay 7% it can be done within 6 month right? but profit reduce by 7%.... overall non-bumi price is around 20% higher than bumi lot still can make around 10-13% profit right?

My main play is rental . but it is good to know such a great flipping play.cost aside.

Pardon me but i totally disagree with you when it come to waste time coz even if we buy new unit have to wait until they finish building it ,will take few year, buy sub-sale have to renovate in order to increase its value take 6 mth as well before offload.So if anything the fastest way to offload a unit and making money is lelong (new unit) or bumi.

the strategy Chris Chew play is very good. buy lelong (not old unit) buy newly build unit, so no need scare need to renovate,owe lots of utilities bill ,except people dun want move out - again for new property to be auction is only because of flipper.which i foresee the risk for these kind of lelong play is lower than a normal lelong play ,

For property investment , any kind of method which can make money within the calculated risk is worth the time . I don't want to limit my play only on rental.

main factor might be flipper who doesn't have holding power.Btw if you notice we start talking about lelong on these thread because of lelong at setiawalk@puchong. the demand will be there, it's just not right now, after lrt project finish maybe

Sure drop. Time to SSS