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Investment EKOCHERAS @ JALAN CHERAS (Ver 3) [MRT PROPERTY], Where Cheras becomes Mont'Jiulai

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neonikson1
post Sep 6 2014, 12:52 PM

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QUOTE(QSquare @ Sep 6 2014, 10:15 AM)
Too much optimism going on in here. Pouring some cold water. The property market in the next 10 years will be different from the last 10 years.
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Again, no one can predict the future, we can only based on historical figure and project what will be like in the future. Since 1990 til todate, the property prices in KLV has increased about 4-5 times, let's say 3 times;

300%/24 years = 12.5% per year growth

With Malaysia's GDP consistently stands around 5%, inflation 3%, for housing to increase 5% yearly is the most conservative i can think of, again, over a long period of time.


neonikson1
post Sep 6 2014, 12:54 PM

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QUOTE(soon9913 @ Sep 6 2014, 12:38 PM)
In my opinion, It is difficult to buy RM million property with household income below RM10k.
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Yes Ah Soon kor, that's why it is a good idea to grab a landed property when it is still affordable. In the future, even terrace house (G&G) is only for the higher income group.

This post has been edited by neonikson1: Sep 6 2014, 12:54 PM
neonikson1
post Sep 6 2014, 12:57 PM

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QUOTE(soon9913 @ Sep 6 2014, 12:31 PM)
If one terrace house at Semenyih is worth million then I think many selangor ppl are millionaires .. smile.gif n KL ppl is multi millionnaires
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You are right again Ah Soon kor, with ringgit shrinking day by day, 20 years from now, millionaire is going to be quite common.

30 years ago, a bungalow in KL would only cost RM50k, today at least RM3mil. That's an increase of 600%.


Dont ask me how people can still afford it, but that's the magic of economics. Somehow we will get there.



This post has been edited by neonikson1: Sep 6 2014, 01:07 PM
neonikson1
post Sep 6 2014, 09:41 PM

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QUOTE(Jagalat @ Sep 6 2014, 08:47 PM)
All genuine opinion from heart is always welcome to me.
It  is common to have diverse ideas from various angles.
icon_rolleyes.gif
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Agree, otherwise why are we in a forum? If just I talk you listen then Just go to a blog will do.
neonikson1
post Sep 8 2014, 11:15 AM

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QUOTE(lamode @ Sep 7 2014, 10:33 PM)
is the office block going to open to public or it will be own and manage by dev? unsure.gif  unsure.gif  unsure.gif
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My company enquired earlier for the office block but it is not for sell.
neonikson1
post Sep 9 2014, 09:11 AM

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QUOTE(soon9913 @ Sep 9 2014, 08:33 AM)
Haha no la. I just there to learn finger kungfu from other sifu.
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That was really the DDMBBB spirit! smile.gif
neonikson1
post Sep 9 2014, 06:03 PM

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There is a cimb auction this weekend at i-city.
neonikson1
post Sep 9 2014, 10:14 PM

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QUOTE(soon9913 @ Sep 9 2014, 08:49 PM)
Any good deal..?
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1800sft condo starting bid rm200k. Ah soon gor interested?
neonikson1
post Sep 10 2014, 12:00 AM

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QUOTE(Jagalat @ Sep 9 2014, 11:13 PM)
Is this the site to check out the auction items?

http://www.cimbbank.com.my/propertymart/
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Correct!
neonikson1
post Sep 10 2014, 12:03 AM

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QUOTE(soon9913 @ Sep 9 2014, 10:35 PM)
1sqf RM100 is cheap. Transacted price can easily 4-5times.
Please update if u are going.. smile.gif
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Though cheap but you wouldn't want to live there.

I'm planning to go, let's see how it goes.
neonikson1
post Sep 10 2014, 12:57 PM

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QUOTE(zenwell @ Sep 10 2014, 12:28 PM)
go there need to prepare bank draft right?
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If you intend to bid then need to put 1% deposit.
neonikson1
post Sep 13 2014, 09:45 AM

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QUOTE(Jagalat @ Sep 12 2014, 06:31 PM)
So Neonikson1 boss, won any bid today?
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Jagalat Bro, the auction is today, will update after the event. Wish me luck! smile.gif
neonikson1
post Sep 13 2014, 01:52 PM

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QUOTE(Jagalat @ Sep 13 2014, 12:30 PM)
All the best boss.
Wish you getting banyak durian runtuh from the bid!!
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Ding Ding... Auction begins!

People Mountain people sea!


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neonikson1
post Oct 20 2014, 01:59 PM

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Haven't been here for some time, glad to see that momentum is still going strong here!

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