Yalor....less than 20 million....cannot join the league...

I not even in the league of a student.....so, u see how high the standard here....student already buying big names stock n properties in London n US..... balik kampung tanam jagung lor

Heard he drives a korean car...

not sure he change to buy a QQ cherry car or not...

Not sure why he drives korean car if TATA or QQ or Viva car also can use...

Dont say like that.....not good not good

We should encourage him to come out yum cha or sek fan...

This post has been edited by Tigerr: Jul 31 2014, 03:17 PM

Developing nation got plenty of cash...take a credit card n go take cash advance if your salary habis...

Ok. Deal. Let's come out yum cha n u show it to us. We all prepared to be malu-ed by your mat mat dragon....

ps. Who wants to join n compare your phone with his dragon???please report in....

Panjang????

If panjang umur, I bet u lost liao....as he is 99 this year...

Then u r wrong.....rich people do one transaction can earn more n u need to do many transaction to catch up.

See people sell 1 ferrari. U need to sell how many protons to earn the same margin? Mass market car got lots of buyers mah. So u everyday also got potential buyer n can close more sales. People do one deal n go holiday n do work day n night without holiday but may be still end up earning lesser. This is mentality stuck u from progressing.

same like celebrity chef, cook few meals, u work at char kueh tiaw hawker stalls sell 1000 plates also may be kalah...

Flip 2 million to 4 million...is 100% up. Flip 500 to 750 only 50% flip...why dont u equal it flip 500k to 1 mil? Mathematic fail???

This post has been edited by Tigerr: Jul 31 2014, 07:06 PM

not sure which type of rich fellows u r talking about....if those who work till pang sai also no time......they r mostly chow kueh tiaw towkay lar......what do they know about niche market....not their league lar....u talked as so easy to flip 500k to 750k, ask bear bear pass u some green terrain n u go try flip n see.....i waiting to see your good show....

nah...jolokia....u r offered to buy one at 520k n u can go flip it to 750k......waiting your show.....

There is seller asking sky high price. There is buyer asking low ball buying price. In the end. No deal done. After few years, economy recovered, price keep going up again. Then seller start to reset to even higher price...

so bear bear. What lower price u expecting actually? And ask yourself if u were the original buyer of the green terrain, will u sell at the price u r aiming now? If u yourself will not sell, then it is probably u ll not able to see the price reach that level.

There are many flippers in the market. They wont die if the property cannot sell out upon vp. They ll keep by hook or by crook. Ask yourself, will u do so? Until they really cannot tahan, they may change their life style....and until they really really cannot tahan only can see fire sales but how many of yhem leh.....

If what u said is true, uncle auntie go in to buy. U really under estimate their power. They may have many cash which can help them last 10 years installment without problem. Afterall, u got to be realistic here n understand how a uncle or an aunty can buy the properties. How is the process?

If a uncle aged 50 wants to buy a condo 500k. How he buy? Go to developer pay 2%(with 8% rebates) n grab it ah??? No need go take loan ah? If that uncle at age 50, u think bank ll buta buta give him 450k loan ah? Sure must have something one. Either the uncle take 50-60% loan n can show bank that he has the ability to pay back installment by showing business incone or fixed deposit with the bank. If bank not comfortable, bank ll not give loan mah. U believe or not? If not, u can go bank ask if u got nothing, see if they ll give u loan or not.

another scenario. The uncle could be buying cash...so upon vp. What's the problem?

Even kicimiao buyer also face same problem. Let's say you earn 1.5k salary. U tell me how u able to buy that 500k properties unless u got big savings or supported by capable people behind u.

Because they hoping for a DDD and their neck is now longer than the zoo negara ziraffe.

When I bought my 3rd property. I worry I dont have enough cash, so I discuss with the bank branch GM who is my badminton kaki also, I ask if I buy this subsale property at 500k. Can I ask for about 550k bank loan? By marking the valuation to 600k? His answer was no problem. Even 650k valuation also can do. I was shock....,

That is a general assumption on old people after buying property no more money left n many penyakit. You may be right but u got to be realistic, how many of them? U got real data to prove? Can I say your parents also full of penyakit n now every month needs lots of money? Not necessary right???

U go out n see your self how many this type of uncle aunty really usee up their coffin money buy property to flip...

kicikmiow flippers if one year ago buying into property stretch up to 70% LTV. Today some if them may have higher income. Their property can go for rental play even though cannot cover installment but at least cover the loan interest or partially. Change their life style is easier than force them to sell the property n get into financial trouble as selling low n still need to pay bank the difference.

Moreover, some still can thick face go ask help from parents ti tide them thru few years. Their life style could be affected n we malaysians will be forced back to live like the olden days. Bersusah susah dulu, bersenang senang kemudian. May be 5 years down the road, they ll feel lucky that they had bought that properties. Those who now sit n laugh at them may fall into the category of bersenang senang dulu, bersakit sakit kemudian.

I said I "worried" not enough cash....not mean not enough cash so I go find out option. Lucky I bought that property n now paper value gain 350k easy easy...but I not selling. I rented it out already...

For me, if I have 200k cash...If I got to use 100k cash for a property, I still worry I dont have enough cash as reserve 100k dont know can last me till when if something happen. I will see if there any option that I can still buying not not touching my 200k. If got problem later, I still got 200k to tide me thru...I believe there are many people like myself also...

yes...some of my friends are using this method too. Myself dont have business nor OD nor big bundle of cash. So I cant only play with other rules.

If ebola comes, I guess not only property market collapsed. The economy n klse also ll collapsed. And if I am lucky not die, I ll join the next level of the league. Sure there are plenty of cheap shop lot to be picked up n cheap big names counters to buy.