I fully support retirement purpose product.

Retired uncle n auntie have huge fd in public bank.

This post has been edited by tikaram: Jan 20 2014, 11:58 PM

Luxury old folks home...lol

This thread is discussing about the general enviornment.

But i always believe that there are still good number of people making money in the bad time, and some people even making lost in good time. This applies on the property investment scene as well.

this is very true. In fact the biggest opportunity comes during bad times.
however this is not for the average joe though. for those who can't afford to buy a house now, chances are during financial crisis you might not even be able to keep your job.

What make u think those zero/low entry flipper can hold on to their job during bad times ?

What make u think those waiting for dead chicken r poor folk & will to get kicked out by company during bad times ?

In fact the most dangerous group during bad time r those over committed flipper/investors & property agent.

Please differentiate between cannot afford & not stupid enough to pay over inflated price.

Boss out of topic a lil. I found the kopi at most mamak n kopi shop oso overpriced since mid 2013. If u take into acc the % of manpower + % of sugar naik, the kopi price is stil up too much in %. But I stil drink there.

Just for ref.

Some auctions to share ...

http://www.iproperty.com.my/propertylistin...ominium-forrent

http://www.propwall.my/classifieds/1838581...-sale-by-steven

http://www.iproperty.com.my/propertylistin...ominium-forsale

http://www.iproperty.com.my/propertylistin...ominium-forsale

http://www.iproperty.com.my/propertylistin...ominium-forsale

http://www.iproperty.com.my/propertylistin...k-house-forsale

http://www.iproperty.com.my/propertylistin...ominium-forsale

http://www.iproperty.com.my/propertylistin...k-house-forsale

http://www.iproperty.com.my/propertylistin...ominium-forsale

http://www.iproperty.com.my/propertylistin...ominium-forsale

http://www.propertyguru.com.my/property-li...or-sale-4350803

http://www.iproperty.com.my/propertylistin...ominium-forsale

http://www.iproperty.com.my/propertylistin...ominium-forsale

http://www.iproperty.com.my/propertylistin...ominium-forsale

http://www.iproperty.com.my/propertylistin...ominium-forsale

http://www.iproperty.com.my/propertylistin...ominium-forsale

http://www.iproperty.com.my/propertylistin...ominium-forsale

http://www.iproperty.com.my/propertylistin...ominium-forsale

Bubble...?

As if No more development near lrt or mrt stations.

I agree with you and I know a lot of us here afford to buy those overpriced properties, just choose not to because they are overpriced.

Properties located within 5 min walk to lrt/mrt and/or big & well run shopping mall will continue to attract tenants & alsi ease of sale...especially if the property is also linked to lrt/mrt with a covered walkway. Despite a perceived bubble, these properties will b able to stand the test of time. By 2017, thr will b a drastic change in the mode of transportation when the LRT extension & mrt line 1 is completed. With the mrt line 1 is up, it will link sg buloh & kajang to KL CBD. Star reported on 8 jan 2014 that ktm n lrt recorded 40% increase in passengers fr 2012 to 2013 & this trend will continue with the reduction of petrol subsidy. If we think petrol price is expensive now, what do u think d petrol price will be in 2020? So while some forecast oversupply in highrise service apts, this is a generalisation. Those apartments nearby transportation & malls will continue to have strong demand.

Yes..by 2020 when mrt lines 1 & 2 & lrt extention all up and running ekoheras, alila@bangsar & kl gateway studio which r now priced rm500k n below will b considered cheap by 2020 standard. Our salary increase may not keep up with inflation rate but our investments in properties strategically located near to lrt & mrt will keep up with d inflation rate or even outstrip it.

I no longer order mamak half boil eggs when price went up to 2.20 for 2 eggs.
Cost of 2 eggs is only 70 sen. Definitely overpriced.

Consumers can always exercise their right to not purchase if something is clearly over-valued.

oh investment... means hold in eternity? at some point of time u tend to sell it off right even it a good investment..
actually.. we have yet to see how effective the mrt is.. and because it connect so far apart like KTM will it result in like KTM?

my view is that once the mrt, lrt extensions n high speed train hv materialised then these transportation linked projects will peak in price, then its a good time to sell. By then they may hit rm1400 psf.

Have you work out number of new supply within walking distance from lrt/mrt stations? How many people will move from their current location to be near to lrt/mrt stations?

How many can sustain installments until 2020?

In developed city like Singapore, Hong Kong, Tokyo, London, Paris, Berline, etc how much are the "premium" paid to be near to mrt stations?

As if supply is inelastic.



This post has been edited by icemanfx: Jan 21 2014, 07:39 PM

Its a safer bet than the other highrise that are located further away fr the transportation rail. Star 8 jan 14 reported 40% increase in passengers for ktm, lrt and monorail users in 2013 in comparison to 2012. This trend will continue.

Out of total working population in kv, how many of their work place are within walking distance from lrt/mrt station?

when population earn more and accidently bought your MRT high rise say u bought for 575k (like Ucity & vista).. u plan then to sell it off at RM750K lets say... once Vp (and by 2020 according to your calculation taking into account building don't grow old and as new as usual and you wont mind parking RM1.5 MILLIOn by 2020)

means u are paying 6.5 k installment per month for 35 years... u say ok bo.. normally.. for me if i can afford 1.5 million prop would i even bother to take MRT.. High speed train.. KTM... WILL U? come on the public facilities are here to fool and draw ppl to buy when in actual fact even the seller himself wont Utilise the so called public transport.. u are one of the example lor... cant even persuade yourself to buy 1.5 m prop by 2020 how to expect others to buy...

but for rental purposes good.. high rise even in prime area generall have very low appreciation in price coz normally and certainly the price quoted by developers themselves is very high.. but rental purposes ok... but u will have to lock your 600k credit under loan for at least 10 years for long term.. for flipping like seeling upon Vp.. remain vacant for a while

can you give a real example how can someone make a loss in good time?

past few years property boom, i think you can close eye and basically buy any property without doing any analysis or consideration and you are guaranteed to earn, at least 1% also. there is not a single person i know who lose money in property investment for the past 3-4 years or maybe 5 years...

i have been asking this same question for a long time...salary increase not keeping up with inflation rate or the property price...so eventually how people can still afford and buy?