gen y puts me to shame.
sigh!
need to work harder. much much harder.
now where's my next acquisition? recommendations please. kekeke.
Investment GEN-Y, WILL YOU BUY & INVEST PROPERTY IN 2014?, More and more Gen-Y buying their first
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 Sep 11 2013, 10:53 AM
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10,319 posts Joined: Dec 2009 From: Malaysia  
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Sep 11 2013, 12:55 PM
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Senior Member
1,749 posts Joined: Oct 2007
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28 already, am I still considered a gen-Y?
 Borrow some $$ from parents to help pay off partial of 10% down payment then later withdraw $$ from epf to pay back consider getting support from parents? |
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Sep 11 2013, 03:22 PM
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Junior Member
15 posts Joined: Sep 2013 
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QUOTE(echong @ Sep 11 2013, 10:21 AM) i'm 23 this year. just bought a freehold townhouse at RM180 psf in outskirt of Klang Valley. Parents helped with downpayment and will rent out the rooms when I'm staying inside to subsidize my own installment. i think klang valley is a good choice..=)  |
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Sep 11 2013, 03:24 PM
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Junior Member
55 posts Joined: May 2013
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QUOTE(LilyKoay @ Sep 11 2013, 03:22 PM) i think klang valley is a good choice.. I think so too, Klang valley price will appreciate faster in the future. Should buy more... A hahaha |
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Sep 11 2013, 03:33 PM
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1,216 posts Joined: Mar 2013
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QUOTE(zenwell @ Sep 11 2013, 12:55 PM) 28 already, am I still considered a gen-Y? if you borrow from somebody then you borrow, doesnt matter parents or the bank... If your parents give money to you freely, then different storyler Borrow some $$ from parents to help pay off partial of 10% down payment then later withdraw $$ from epf to pay back consider getting support from parents? Hey my sister borrowed money from me to buy a house and paid me back with epf. That I consider just normal loan...with no interest. Help2 like that oklaaa... |
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Sep 14 2013, 08:25 AM
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1,614 posts Joined: Jun 2013
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QUOTE(accetera @ Sep 10 2013, 11:34 PM) As mentioned, I'm Gen Y and co-founder of PTLM and blogger at Patchay.Com. About 150+ property threads here are started by me. LOL Where is ur property? How much? When purchase?First off, I'm an employee in accounting line. Not a realty agent as many would have thought so. In accounting line rat race, you are rather more passive and conservative in investments. But not me, as I've used some savings to buy properties using the incentives that are available. Currently having two that are under construction. The first bought towards the end of my 2nd year at work which is 2011. Both in PJ. Not a flipper but an investor that believes property investment is part of financial planning that can supplement the employee income. Yea, buy properties that are rentable and that you think > your instalment. Do not over leverage. Please live a wonderful life and do not put all money in investments. Have a life too! And yea, I'm single and available...  |
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Sep 14 2013, 08:45 AM
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Junior Member
361 posts Joined: May 2007 From: Various locations
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just wondering if subsale property are supressed due to higher capital required whereas for new property, young buyers get rebate, dibs which basically they don't have to try to get as much initial fund.
if this is the case, i'll wait for subsale... |
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Sep 27 2013, 12:52 AM
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10,777 posts Joined: Sep 2009
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QUOTE(EddyHyip @ Sep 14 2013, 08:45 AM) just wondering if subsale property are supressed due to higher capital required whereas for new property, young buyers get rebate, dibs which basically they don't have to try to get as much initial fund. Gen Y alot cannot afford subsale...if this is the case, i'll wait for subsale... |
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Nov 5 2013, 02:27 AM
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10,777 posts Joined: Sep 2009
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Now that the Budget 2014 is over, will Gen Y go out to get a home to stay or they will stay out of property for the next year?
Well, if you need to stay, by no mean, get your reasoanably priced home. |
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Nov 5 2013, 09:17 AM
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946 posts Joined: May 2010
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Looking for investment first... then buy own house later... my hometown's house prices does not appreciating that quickly.. so for own stay... still can wait.. =)
This post has been edited by hitsugaya2010: Nov 5 2013, 09:17 AM |
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Nov 5 2013, 08:09 PM
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Junior Member
270 posts Joined: May 2012
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Actually Gen Y from which year to which year?
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Nov 5 2013, 08:48 PM
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10,777 posts Joined: Sep 2009
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QUOTE(re_freako @ Nov 5 2013, 08:09 PM) Actually Gen Y from which year to which year? Born 1980s onwards... |
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Nov 5 2013, 08:58 PM
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1,924 posts Joined: Jan 2011
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nope, still high, not buying.
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Nov 5 2013, 09:08 PM
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270 posts Joined: May 2012
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QUOTE(accetera @ Nov 5 2013, 09:48 PM) Born 1980s onwards... 1980 consider Y or X?Anyway I will try to purchase shoplot in 2014. Currently owned a landed(full) and a condo(partial). This post has been edited by re_freako: Nov 5 2013, 09:45 PM |
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Nov 6 2013, 06:43 AM
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Senior Member
1,614 posts Joined: Jun 2013
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QUOTE(accetera @ Nov 5 2013, 02:27 AM) Now that the Budget 2014 is over, will Gen Y go out to get a home to stay or they will stay out of property for the next year? Gen Y will be out buying properties targeted to them..... Construction companies will have a challenge to sell previous launches as market softened now with Gen Y having more choices..... So investors hoping to rent to them will need to think twice๐ณ๐ณ๐ณWell, if you need to stay, by no mean, get your reasoanably priced home. Companies will be switching their new launches๐๐๐๐ |
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Nov 6 2013, 07:11 AM
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2,854 posts Joined: Jul 2013
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I am not from Generation Y.
I would say this group is more challenging when purchasing properties compare to earlier generation due to house pricing & lifestyle. So for those already owns > 1 house, it is really amazing at such young age, really. |
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Nov 6 2013, 12:52 PM
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Junior Member
89 posts Joined: Aug 2011
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QUOTE(accetera @ Sep 27 2013, 12:52 AM) Gen Y alot cannot afford subsale... yeah.. subsale need 2 pay for alot of things.. dp, legal fees, disb, stamp duty n etc..new house got waiver.. legal fees.. sometimes dp oso can waive.. n subsale normally need to do some repairs & etc.. new house got defect liability period.. |
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Nov 6 2013, 02:00 PM
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Junior Member
334 posts Joined: Feb 2006
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QUOTE(re_freako @ Nov 5 2013, 09:08 PM) 1980 consider Y or X? you're consider as Gen XY... a hybrid versionAnyway I will try to purchase shoplot in 2014. Currently owned a landed(full) and a condo(partial). |
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Nov 6 2013, 02:36 PM
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Senior Member
895 posts Joined: Aug 2006
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im 27 and hope to buy my 2nd property in 2014
but too bad salary tak cukup  |
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Nov 6 2013, 02:56 PM
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All Stars
10,319 posts Joined: Dec 2009 From: Malaysia
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QUOTE(manapergi @ Nov 6 2013, 12:42 AM) Cascade & Nexis? wrong! |
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