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.

Yes right, now we are using 70/100 of nett income to calculate