Have been surfing for long time, wanna share my experience too!

I joined the game last year and never believe in new launch or flipping strategy. It just doesn't appear to be sustainable, IMHO. Wondering why youngster like me (turning 25 soon) has such an old skool thought.

I bought a Setapak condo below 300psqf last year and Ampang apartment below 350psqf this year. Both are subsale with self sustained rental income. In fact, I got extra cash flow to cover the rental of my tiny room. (Yes, I'm renting). Both props are on auto-pilot mode (I don't fork out money after acquiring it) so I can sleep well.

Any taikor is kind enough to enlighten me for new launch play? I can't cross the barrier where loan interest is higher than rental and don't BS with me that locals can afford 3k rental.

Yup, I got 90% loan as I will not buy above valuation price. The valuation price is there for a reason. I grad from a local U. In term of living, I'm pretty satisfied when the basic like accessibility, privacy and cleanliness is taken care.

I have factored in all chapalang costs like assessment, maintenance, indah water and even a small reserve for fix and repair. (I've never used it up though, touch wood, lol!) I don't pay agent fee. I advertise the Setapak one on my own and Ampang one comes with tenancy. The Koreans tenants will stay for a few more years.

Taikor, I follow many of your comments! I think it is safe too! However, I can't duplicate this strategy anymore due to two huge barriers, the 30% LTV and the sibeh low yield. I have thought of two transforming strategies. First, it is to venture into short term stay to boost the yield. It requires more effort and a good system to maintain it. Second, I would have to go commercial or factory. That means I need longer time to earn bullets. Do you have a better game plan to share?

When you are talking about reward, do you take into account of the risk that you are assuming? Party doesn't last forever and we will know who is the naked swimmers when the low tide comes.

Also, when are talking about being extra careful? What strategy do you have when the storm comes? My income can withstand a 10% of loan interest while no one is renting either of my props.

Well, maybe I just don't have the gut.

The dare devils earn the big bucks... I earn small shrimps only. lol!

Guess we are off topic dy, lol...