Buy what?

of course can. 10 million also can as long as for own stay

cheap how much rent? i can save 70% money when I move to my house from renting

If you understand there is oversupply in cyberjay mean your unit could be vacant for extended period or rent is depressed.

As you said you buy for rental & own stay, why bother about oversupply ? especially you are still renting for now, if rental collection not worth then use it for own stay, if rental collection is good then as investment.

But having said that always better to stay in own house, can renovate to own liking, no need buy cheap furniture, no need see landlords black face when ask for repair.. lol

why not buy double storey too? if rent only 1.2k then rent but owners can increase lots

your landlord rich man ah could charge 2k but went 1.2k instead? if like that might rent for forever loh. i myself dun like condo.condo must be in kl rather than cyberjaya.actually double storey in puchong got 400k.

Still got many landed single storey build up over 1.1k below 500k even much much more cheaper in comparison. 800k can get a decent 2 storey not too far from kl city center. Why limit urself to only new launch at not so prime location and yet sell at premium price?

I never visit there before. Sound like worth to check out its environment.

Compare to nearby newly launch condo, this is a good buy.
No maintenance fees also...

Not look like a risky deal.

Good for own stays though, cheap and good + landed.
If investment need to find some other place with better ROI..

if low cost, u have to meet specific requirement before can purchase. not all people can buy low cost

1) Yes. Given the property is around 6 years old and it has already "appreciated" over 70% of its initial sale price, which is more than the interest rate charged on the loan (if one was taken). Essentially, you're paying for the profit of at least 2 parties, the developer's, the bank's and the existing house owner (and possibly any other middleman). Almost any property within the greater KV will be overpriced. People buy because enough people believe in UUU, as long as you sell before it becomes DDD, you're safe.

2) You should not consider your property an "investment". It is something you buy to have a roof over your head. Whether or not the bubble will burst depends on how much "stimulus" the govt puts into the economy. The more money govt throw into non productive purposes like subsidy, bailouts, white elephant projects, or other wastages, the higher the likelihood of a bubble bursting.

I see... so between 2001 and 2009 the property price went from RM120k to roughly RM200k, and then from 2009 to today, the price went from RM200k to RM350k?

Well... Personally, I will be asking myself, did the prices of bricks, cement, piping, electrical wiring, labor costs went up by 4x over the last 14 years. It probably cost the developers RM70-80k to build the house, so if you strip the house down to its bare components, you're essentially paying RM360k (price) for something that cost RM70-80k (worth) to build.

This itself is not an issue as long as you are willing to pay. But keep in mind that the further the price of a property is to its worth, the more volatile it will be in the open market. Is something that is worth RM80k going to realistically go much further up? Maybe, but it will be very prone volatility of market disrupting factors, for example... container homes, or GST, or RPGT, etc. Lets say a property built at RM100k in Jinjang suddenly experience a population boom, it is very easy for that RM100k selling price to turn into RM200k, but for the price to move even further upwards away from RM100k, there needs to be some market factor to push the price wayyy up.

It's similar to the UUU people sentiment talking about a bubble bursting. In order for property prices to crash, you need a 1997 level economic crisis. For property prices to surge, you will also need a 2010 type property boom.

Is that going to happen again?