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Investment GEN-Y, WILL YOU BUY & INVEST PROPERTY IN 2014?, More and more Gen-Y buying their first

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rontan_83
post Nov 6 2013, 08:08 PM

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QUOTE(hey_there @ Nov 6 2013, 07:27 PM)
u work in HK? RM2million, can buy a 2000sqf semi d here... what's the current market price for your 420sqf?
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ya..i work at Central, HK......i bought 2 years ago..now RM2.5 million jor..
rontan_83
post Nov 6 2013, 08:09 PM

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QUOTE(abgkik @ Nov 6 2013, 07:55 PM)
2014... would like to buy a unit... but I'm not waiting type of guy.. Gonna die-die find a unit which I can generate the income on the spot...  wink.gif
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which area u wana buy?...targeting maximum how much?
liam_emmet
post Nov 6 2013, 08:31 PM

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QUOTE(recoil @ Nov 6 2013, 06:14 PM)
wow! cool driving civic hybrid... wonder how much you can save with the hybrid version vs risk of battery replacement around 8yrs later.
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haha, even if replacement from what i heard honda got 3 years warranty? and their replacement cost less than 10k which is reasonable
liam_emmet
post Nov 6 2013, 08:32 PM

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QUOTE(mike86 @ Nov 6 2013, 05:32 PM)
i almost do the same thing last year, wanted to buy a >100k car while didnt own any property yet.
luckily settled <80k car and bought a house blush.gif
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but u still good leh can get budget less than 80k car
liam_emmet
post Nov 6 2013, 08:34 PM

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QUOTE(seanooi880327 @ Nov 6 2013, 06:00 PM)
Ya... Gen Y here..

Target next year..get salary increase.. look one for own stay... possible change better car... smile.gif
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yo bro... still looking one for own stay meh brows.gif brows.gif brows.gif

haha by the way, when i bot the unit that u know, i also got the same thinking like u, target nex year increment..knn, mana tau this year my increment like shit mad.gif mad.gif oni 2 digit... cry.gif cry.gif oversea company somemore... arghhh

just to share with u my experience... the higher ambition, the higher disappointment...
rontan_83
post Nov 6 2013, 08:44 PM

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QUOTE(liam_emmet @ Nov 6 2013, 08:32 PM)
but u still good leh can get budget less than 80k car
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i no car....take MTR in Hong Kong
liam_emmet
post Nov 6 2013, 09:07 PM

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QUOTE(rontan_83 @ Nov 6 2013, 09:44 PM)
i no car....take MTR in Hong Kong
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u from Hong Kong? Hong kongie?
TSaccetera
post Nov 6 2013, 09:11 PM

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Wow seems alot of successful GEN Y here.... rclxms.gif
Ann H
post Nov 6 2013, 09:22 PM

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M gen xy ha ha. My advise buy property now, i started slightly late, wish i did it much earlier. Forget about buying depreciating asset CAR which others normally succumb to style and status. Be smart. Me manager investment bank, holding slightly less than 10 props now but only drive VIVA smile.gif cash! Also pay your credit card in full ea month. Dont be stupid to just pay the min balance, otherwise use debit card.
walle
post Nov 6 2013, 09:31 PM

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QUOTE(Ann H @ Nov 6 2013, 09:22 PM)
M gen xy ha ha. My advise buy property now, i started slightly late, wish i did it much earlier. Forget about buying depreciating asset CAR which others normally succumb to style and status. Be smart. Me manager investment bank, holding slightly less than 10 props now but only drive VIVA smile.gif cash! Also pay your credit card in full ea month. Dont be stupid to just pay the min balance, otherwise use debit card.
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Tats a lot of properties u ownng. All rented out? Xy means 1980 tongue.gif
rontan_83
post Nov 6 2013, 09:35 PM

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QUOTE(liam_emmet @ Nov 6 2013, 09:07 PM)
u from Hong Kong? Hong kongie?
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No. . I am malaysian
kokfai_wai
post Nov 6 2013, 10:06 PM

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QUOTE(liam_emmet @ Nov 6 2013, 08:31 PM)
haha, even if replacement from what i heard honda got 3 years warranty? and their replacement cost less than 10k which is reasonable
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Nah, all honda battery purchased from jan 2011 to May 2013 now have been given 8 year warranty due to their confidence in the battery and economy of scale.

I am late 80's Gen Y, all my gen x friends (late 70's) advised me to buy earlier ... even when they were buying their prop that time, they thought it was very exp... well... Klang valley has more population now and the income level has increased (also partly due to speculation).

I bought 1 property, and have been actively looking for other good opportunity. It is true that car is very exp in Malaysia (parking, maintenance, toll, etc). If I didn't buy my dream car, I might have already bought another prop by now.

people in their 40's now were more fortunate, klang valley got more land back then... some people paid 400~600K for a semi-D 15 years ago, now I can only get a small condo in okay-area with that price

mike86
post Nov 6 2013, 10:41 PM

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QUOTE(liam_emmet @ Nov 6 2013, 08:32 PM)
but u still good leh can get budget less than 80k car
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which im still abit regret sad.gif
should have bought more cheaper car blush.gif
abgkik
post Nov 6 2013, 10:45 PM

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QUOTE(rontan_83 @ Nov 6 2013, 08:09 PM)
which area u wana buy?...targeting maximum how much?
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hmm.gif my maximum target depends on the location, on-deal situation.. always look into below 20% valuer price.. I only can come out with target value on 2014 lor..

QUOTE(mike86 @ Nov 6 2013, 04:32 PM)
i almost do the same thing last year, wanted to buy a >100k car while didnt own any property yet.
luckily settled <80k car and bought a house blush.gif
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cool bro.. icon_rolleyes.gif only now I'm buying the chics magnet car after years drove a small car.. that's why still single.. aiyoo.. biggrin.gif biggrin.gif

This post has been edited by abgkik: Nov 6 2013, 10:51 PM
SUSrobertchoo
post Nov 6 2013, 10:49 PM

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QUOTE(rontan_83 @ Nov 6 2013, 07:20 PM)
I own one property in HK...420sqft ,RM2 million...KL or Iskandar Malaysia, I will wait for the bubble to burst, then buy
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Interested to know more about HK properties. What is the margin of finance from banks like? I heard is 50-60%?
I'm looking at a studio at Tseung Kwan-O that cost about HKD3.5m for ~600sqft. Worth?
Also looking at Tsuen Wan and Diamond Hill
Bheestie Malaysia
post Nov 6 2013, 10:52 PM

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Gen Y here are doing great. Keep it up! I've a house under my name and someone else's. So considered my first props? Now saving bullets for next props. Still thinking whether should buy first or wait for bubble to burst.
liam_emmet
post Nov 6 2013, 10:52 PM

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QUOTE(kokfai_wai @ Nov 6 2013, 11:06 PM)
Nah, all honda battery purchased from jan 2011 to May 2013 now have been given 8 year warranty due to their confidence in the battery and economy of scale.

I am late 80's Gen Y, all my gen x friends (late 70's) advised me to buy earlier ... even when they were buying their prop that time, they thought it was very exp... well... Klang valley has more population now and the income level has increased (also partly due to speculation).

I bought 1 property, and have been actively looking for other good opportunity. It is true that car is very exp in Malaysia (parking, maintenance, toll, etc). If I didn't buy my dream car, I might have already bought another prop by now.

people in their 40's now were more fortunate, klang valley got more land back then... some people paid 400~600K for a semi-D 15 years ago, now I can only get a small condo in okay-area with that price
*
same la..those days salary at how much? petrol still not yet increase price and stil got sugar subsidy, lol...
hey_there
post Nov 7 2013, 12:12 AM

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QUOTE(rontan_83 @ Nov 6 2013, 08:08 PM)
ya..i work at Central, HK......i bought 2 years ago..now RM2.5 million jor..
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Wah, ok wat. If u decide to come back, u sell it at 2.5 million, at least profit HKD 0.5million = rm 0.25 million or rm250k. Not bad wat...
hey_there
post Nov 7 2013, 12:20 AM

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In case some ppl are confuse which gen are they in

Gen X - 1966-1976
Gen Y - 1977-1994
Gen Z - 1995 onwards

http://www.socialmarketing.org/newsletter/...generation3.htm

Ann H
post Nov 7 2013, 12:47 AM

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QUOTE(hey_there @ Nov 7 2013, 12:20 AM)
In case some ppl are confuse which gen are they in

Gen X - 1966-1976
Gen Y - 1977-1994
Gen Z - 1995 onwards

http://www.socialmarketing.org/newsletter/...generation3.htm
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Wah i like...
Then me gen y.
Feel so young formally certified as gen y smile.gif

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