So AMINT...its 2014 already. What did you bought in 2013?

This post has been edited by praceo_francium: Jan 1 2014, 02:18 PM

Are we ready for 2014 New Property Launches?

Early 80's consider Gen-Y or not? I have been hocking on prop websites and forums for the last 8 years, countless site visit and showroom visit (tipu makan a lot of free buffet during new launches.. lol) sibeh kanjiong and cikek especially last 3 years..

Time to take a step back ... done my last purchase, wont be touching anymore for the next 3 years and leave those affordable ones for new buyers..

This post has been edited by twincharger07: Jan 1 2014, 06:02 PM

Well I am a gen Y of 1990. Those around my age are not into buying a house for whatever reason. It already that hard to convince them to do AS saving (with or with out loan), to bring up about mortgage, sheesh. We are more horny to own a wifey.

I know to marry is a part of my religion, living modestly is also part of it, but there is no teaching in my religion that promote being poor and miserable.

I hope I can buy a house next year, as this year I want to clear all of my family debt. 7% dividend is not worthy if you have 18% cc loan interest. Maybe Gen Y will start buying a house after we stop posting food and selfies at FB

Buy car 1st is correct, house too much commitment

Bagus! Two thumbs up!!

Gen Y - BBB to the eye ball hehe

I'm also gen y born 1985. At this point of time, I do not plan to buy any properties in 2014. Instead, i will be focusing on accumulating cash/liquid assets. This is due to the recent property market cooling measures, blr risk etc. That being said, i wont say no to a really, really good deal!

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This post has been edited by kyo2020: May 28 2016, 09:10 AM

Very interesting thread.

How many property u accumulated?? 😃

Early Gen Y here

Last two years bought 1 landed for own stay and 1 high rise for investment.

Since already reach quota and also with the negativity surrounding the property purchasing climate, will be staying out of property scene for the time being (at least 4 years) while investing in good value stocks both locally and abroad.

Some extras burdens have also put me off into investing properties like
- renew to higher insurance premium
- saving for children education fund
- saving for marriage fund
- more allowances for parents as they near retirement.

Headache

what gen x dunno is that, the early Gen X parents are cash heavy to fund for their gen y kids downpayment.

For investment, i will not buy unless the rental can cover the bank loan..if the (bank loan minus rental) generates negative cashflow of 500 and below...., I will not consider at all...if for own stay I m ok

Duwan to mention here but u can check my earlier posts

I am ikan bilis.. cukup-cukup saja..

dont buy la i think continue rent, better choice

learn from the Germans.. they have no housing bubble, because 70% of them rent.. and renting is perfectly normal for them..

UK too XD tat y a lot china and jew investor go there goreng, goreng till local cant afford, and eventually kena gaogao on living cost, Uk property from zone 1 onward to zone 6 is super expensive