Bro i buy that time is already consider expansive la.. I use over 300k to buy a studio get laughed by people is just expected result, earlier many advice me not to take it as they think too expansive liao, but now is even more expansive.. My only concern at that time is the money that i fork out, could get what kind of house in my preferred location, in term of size, convenient, comfort of living there.. Pocket not deep enough got to compromise on those that less useful on my next few years..

This post has been edited by kradun: Nov 9 2014, 05:27 PM

Ur sight only can see those selective properties of course their price is same la, all fall under same category, share the same traits.. Ur saving enough for downpayment but u wan to hantam all into the 10% then no need spare cash for renovation and other purpose ar? Later u might realize not only property expansive but labour cost for indon worker also cost u a bomb wor.. 50k might just enough to build ur wife dream kitchen..

Just the 2storey kitchen extendsion already use up all the budget rm70k, balance little money no choice liao cannot choose leather sofa and other quality furnitures.. Later wife wan find interior designer somemore, actually this original 200k just enough to cover half of renovation cost..

That explain why he got big hope on these newly vped properties.. Although everytime he also get the same dissapointed result with the price go up up an away.. Even some owner willing to let go at slightly below the rest, but he wanted 20% below the rest, owner give 10% below the rest already snap up by those who eye on it, no chance to drop further..

U look for lower floor, no view, got chance to get 5-10% lower than the rest.

Not all buy house to stay till retirement 1 ma.. Some people like to have more option, i got house, i can choose to upgrade by selling the current and buy another one or i can keep it rent out and buy another one.. If not buy then somemore u have no say on the price up or down, u got to need good luck to secure ur roof with more downpayment, more monthly repayment, far away from city, and smaller as well.

I buy subsales la, not worthy the price but i need it so i just happily pay for it la. I rent monthyl can pay lesser but i dont want to chase by owner later, that will be even more no face compare to buy a studio.. Iceman keep mentioning the defying gravity stuff u still dont get him.. Ur cash money is the 1 guarantee lose its value over the time.. U can choose to save for more year but at the end u put more on downpayment still deplete ur all ur saving.. Buy now reset to zero is better or buy 5years later then start ur saving from zero again? Money is urs nobody can prevent u to dump in more to get the same type of house..

Bbw got potential to downgrade his target to studio anytime..

Everytime u buy sell also incurred a lot of cost, if cannot pass it on ur buyer then u got to bear it urself.. just buy and keep it rent out cheap is almost certain to win ur buy and sell every 3 years..

I exactly start buying from 2011-2014, but only hope to get affordable unit instead of buy and hope for price up up and away.. Many buyer also do the same simply because they wan to have their own home instead of rented home that mayb chase by owner anytime. Only can have 1 type of most of them, either most of them buy for flip or most of them buy for own use( either use for grow grass, 2nd milk, future house for kids, collect rental etc is up to owner).. Flipper mentality will choose what kind of action should be pretty obvious, current market condition is definitely conflict to this point..

This post has been edited by kradun: Nov 13 2014, 06:27 PM

Need to pay more make no different to u meh? U think u no need to pay more but that is not guarantee to happen o..

This post has been edited by kradun: Nov 13 2014, 08:21 PM

Bbw he got few houses liao, must give chance to those havent buy any, need to give advice to those youngster to prevent they regret of late buying in future..

For this reason i agree that will not be a good buy.. Imagine u are force to get marry while ur option is so damn ugly, even u switch off the light u still can feel it..

This post has been edited by kradun: Nov 13 2014, 10:20 PM

I move to studio after i learn from here also ma.. Property price not going to drop, small better than none..

Now is wait and see period ma.. People who can afford to buy wait the direction clearer before chip in. slow transaction, price go up slow, now not buy later will regret.. Bbw, dont miss the boat else later u will need to change ur target to smaller unit located at outskirt..

Nah bear2, good article to share with u..

Warren Buffett’s house is the same house he originally bought; but it was not a financial investment in the sense that Warren’s goal wasn’t appreciation in value. Warren bought a house he could afford, and has called it one of his best investments because, “My family and I gained 52 years of terrific memories with more to come.”

http://www.howtofinancemoney.com/2014/10/r...ize-wealth.html

Got my studio cannot prevent me from being a happy kid ma..

luckily not many people smart like bear2, else really high chance got firesales liao, sikit2 pun kira..

change ur target, instead of need to wait for 20% price adjustment.. ur thought have reveal that u cannot afford because u still need another 20% to cover the short fall..

This post has been edited by kradun: Nov 14 2014, 11:01 PM

Bear2 think he buy at lowest price ma.. He need the god to bless him, depend too much on those factors out of his control, including put high hope on bn government to asssist him with oversea cert get his home..

This post has been edited by kradun: Nov 16 2014, 02:13 PM