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Investment 4 Critical Signs of a Bubble Market, Property Investment
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yeelong
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 Dec 17 2013, 02:20 PM
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QUOTE(TiramisuCoffee @ Dec 17 2013, 01:56 PM) If u were 2 survey a newbie such as me, I'll tell u truthfully I'll wait until a unit has gone down at least 30%+ in KL area. D math is simple. 5% untung, 25%+give gomen/agent/lawyer fee/misc expenses etc. Yet still have to hold at least 4 years. Anything less than 5% untung, I rather go share market. Faster n easier to sell,zero maintenance fee, no bank interest, no holding costs n risk of no buyer/tenant. I'm referring 2 properties in d region of 750k-1.25m max. in klang valley only. 1m property, only gain 50k, really no big deal.Penny stock 10sen, goes up 5 sen that's 50% profit already. Noticed properties shares going south these days? What about u guys? That's why you calling urself newbie, waiting for Klang valley property to depreciate 30% is like asking BN not to barang naik. The property price in Klang valley will only halt after the recent policies imposed by gomen. Those will go down are the rural overprice properties. Prime area's demand will be there whether you like it or not. This post has been edited by yeelong: Dec 17 2013, 02:23 PM |
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yeelong
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Dec 17 2013, 02:43 PM
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QUOTE(TiramisuCoffee @ Dec 17 2013, 02:40 PM) -30% can only come during recession. That's what I was hinting. Anyway, come what may. I've no rush to invest if the price keep shooting up like rocket. See who buy! What goes up, must come down. Anyway, just HMO. Just a newbie ma.. Also to share, I've picked up properties 5 yrs after cf at developers original prices before. Good developer, good location some more.  Cerita Benar. Maybe just lucky....  yup, luck also play big part of investment, 5 yrs ago, price still good and affordable, and regretted for not gut to invest due to conservative mindset of me. Managed to pick up 2 property to rent and 1 property to stay. But will see how it goes after this year. This post has been edited by yeelong: Dec 17 2013, 02:44 PM |
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yeelong
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Dec 17 2013, 03:02 PM
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QUOTE(TiramisuCoffee @ Dec 17 2013, 02:57 PM) Not many units one can buy if use loans. You know how much interests if u take a few millions $ loans. Come recessions, it's like kamikaze!  Recession coming already. My friend closed 7 retail branches in klang valley this yr alone! The first to kena is usually retail, then slowly spread ...... Good to stay conservative, in fact!  Retail has been dying since 5 yrs ago as i came from that industry. It's that BAD. And currently the last straw i grapping is hoping BLR not to increase otherwise. i will considering selling off 1 of the apartment liao. |
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yeelong
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Dec 17 2013, 03:30 PM
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QUOTE(TiramisuCoffee @ Dec 17 2013, 03:29 PM) BLR will sure go up one. How many yrs have u been holding that apartment? Don't wait till price tsunami hit then only u let it go! Rugi besar! Normally apartment, not much untung, if u take into consideration d maintenance fee etc 6 plus years already. waiting for it to appreciate more coz it's nearby the MRT project. |
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yeelong
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Dec 17 2013, 03:36 PM
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QUOTE(TiramisuCoffee @ Dec 17 2013, 03:34 PM) Oh! Good le! no RPGT! Yeah lo, but so far rental still can cover everything la... need to think hard before selling, coz of it strategic location. |
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yeelong
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Dec 17 2013, 05:37 PM
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QUOTE(TiramisuCoffee @ Dec 17 2013, 05:22 PM) If rental can cover everything, why sell? need money for new car and other investment... |
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