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 Investors Club V9, Previously known as Traders Kopitiam

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gark
post Mar 22 2016, 01:58 PM

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QUOTE(Pink Spider @ Mar 22 2016, 01:55 PM)
I tak nak the headache of collecting rental and maintaining the property...that's why I went into REITs, remember? doh.gif
*
Den you collect rental from your 'friend' no hassle... later if he went into financial trouble then how? Electricity no pay, water no pay, condo fees no pay.. then you are liable as house owner.

Advantage for him is after 'selling' the house to you, he no longer owes the bank, but owe you.. you have no legal recourse to force him to pay. Bank can take his property, you cant because it's already yours.

Even rental agreement usually state give 1 month notice only.. then cabut.. tongue.gif

You must study carefully why he wish to dump the bank loan onto you? brows.gif

Remember buy and sell house twice means you incur stamp duty twice and lawyer fees too.. siapa pay? If house less than 5 years old, got RPGT also. tongue.gif

This post has been edited by gark: Mar 22 2016, 02:04 PM
SUSPink Spider
post Mar 22 2016, 02:07 PM

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QUOTE(gark @ Mar 22 2016, 01:58 PM)
Den you collect rental from your 'friend' no hassle... later if he went into financial trouble then how? Electricity no pay, water no pay, condo fees no pay.. then you are liable as house owner.

Advantage for him is after 'selling' the house to you, he no longer owes the bank, but owe you.. you have no legal recourse to force him to pay. Bank can take his property, you cant because it's already yours.

Even rental agreement usually state give 1 month notice only.. then cabut..  tongue.gif

You must study carefully why he wish to dump the bank loan onto you?  brows.gif

Remember buy and sell house twice means you incur stamp duty twice and lawyer fees too.. siapa pay?  If house less than 5 years old, got RPGT also. tongue.gif
*
The property market value dropped, no RPGT tongue.gif

Yala yala...I took that into consideration, scrapped this idea liao sleep.gif
felixmask
post Mar 22 2016, 02:34 PM

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QUOTE(Pink Spider @ Mar 22 2016, 02:07 PM)
The property market value dropped, no RPGT tongue.gif

Yala yala...I took that into consideration, scrapped this idea liao sleep.gif
*
Where you buy ?


What mine 2 sen - if you buy for long term like 5-9year onwards juz go ahead.

1) Rule 1 : Rental yield > Reits yield.

2) Rule 2 : committed



Malaysia Birth rate:
https://www.statistics.gov.my/index.php?r=c...klWdzQ4TlhUUT09


SUSPink Spider
post Mar 22 2016, 02:46 PM

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QUOTE(felixmask @ Mar 22 2016, 02:34 PM)
Where you buy ?
What mine 2 sen - if you buy for long term like 5-9year onwards juz go ahead.

1) Rule 1 : Rental yield > Reits yield.

2) Rule 2 :  committed
Malaysia Birth rate:
https://www.statistics.gov.my/index.php?r=c...klWdzQ4TlhUUT09
*
Looking at OUG Parklane

1) Gross yield only 3.7% doh.gif
felixmask
post Mar 22 2016, 02:57 PM

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QUOTE(Pink Spider @ Mar 22 2016, 02:46 PM)
Looking at OUG Parklane

1) Gross yield only 3.7% doh.gif
*
I heard usually auction - banker will sapu the unit..now banker not keen on OUG.


don't know how true..maybe high density and PH..

or ppl spread bad mouth on OUG parklane.
gark
post Mar 22 2016, 03:02 PM

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From: Penang, KL, China, Indonesia....
QUOTE(felixmask @ Mar 22 2016, 02:34 PM)
Where you buy ?
What mine 2 sen - if you buy for long term like 5-9year onwards juz go ahead.

1) Rule 1 : Rental yield > Reits yield.

2) Rule 2 :  committed
Malaysia Birth rate:
https://www.statistics.gov.my/index.php?r=c...klWdzQ4TlhUUT09
*
Rental yield can never be higher than REIT yield.. this is due to REIT yield is ARTIFICIALLY boosted with leverage. tongue.gif

It's a form of financial engineering. rclxs0.gif
SUSPink Spider
post Mar 22 2016, 03:04 PM

Formerly known as Prince_Hamsap
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Joined: Jun 2011


QUOTE(felixmask @ Mar 22 2016, 02:57 PM)
I heard usually auction - banker will sapu the unit..now banker not keen on OUG.
don't know how true..maybe high density and PH..

or ppl spread bad mouth on OUG parklane.
*
ada banyak afrika orang doh.gif
SUSPink Spider
post Mar 22 2016, 03:05 PM

Formerly known as Prince_Hamsap
********
Senior Member
16,872 posts

Joined: Jun 2011


Btw, USD1 below RM4.00 liao shocking.gif
gark
post Mar 22 2016, 03:07 PM

10k Club
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From: Penang, KL, China, Indonesia....
QUOTE(Pink Spider @ Mar 22 2016, 03:04 PM)
ada banyak afrika orang doh.gif
*
Yeee .. that kind of place also you want. dry.gif

Anyway.. propguru says.. OUG Parklane average selling price (psf) drop from peak of 457 to 441..only 3.5% drop nia. innocent.gif
SUSPink Spider
post Mar 22 2016, 03:09 PM

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QUOTE(gark @ Mar 22 2016, 03:07 PM)
Yeee .. that kind of place also you want.  dry.gif

Anyway.. propguru says.. OUG Parklane average selling price (psf) drop from peak of 457 to 441..only 3.5% drop nia.  innocent.gif
*
but...but...but...my girl friends like that place...convenient brows.gif
gark
post Mar 22 2016, 03:11 PM

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From: Penang, KL, China, Indonesia....
QUOTE(Pink Spider @ Mar 22 2016, 03:05 PM)
Btw, USD1 below RM4.00 liao shocking.gif
*
SGD no drop much pon.. tongue.gif
gark
post Mar 22 2016, 03:16 PM

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QUOTE(Pink Spider @ Mar 22 2016, 03:09 PM)
but...but...but...my girl friends like that place...convenient brows.gif
*
Then buy 1 right away lar..950 sqft @ RM 340 K only nia .. CHEAP!

Got more than 140 units for sale.. devil.gif

http://www.propertyguru.com.my/property-li...f=ls|normal|3|1

This post has been edited by gark: Mar 22 2016, 03:19 PM
SUSPink Spider
post Mar 22 2016, 03:22 PM

Formerly known as Prince_Hamsap
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Joined: Jun 2011


QUOTE(gark @ Mar 22 2016, 03:16 PM)
Then buy 1 right away lar..950 sqft @ RM 340 K only nia .. CHEAP!

Got more than 140 units for sale.. devil.gif

http://www.propertyguru.com.my/property-li...f=ls|normal|3|1
*
Too high density liao...that's why no value... sleep.gif

Furthermore, start ada orang afrika liao doh.gif
Le Don
post Mar 22 2016, 03:26 PM

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USD below rm4.00 hmm.gif

Any counters will benefit from stronger ringgit?

This post has been edited by Le Don: Mar 22 2016, 03:41 PM
felixmask
post Mar 22 2016, 03:57 PM

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QUOTE(Pink Spider @ Mar 22 2016, 03:09 PM)
but...but...but...my girl friends like that place...convenient brows.gif
*
Buy Kuchai Lama or Sri Petaling ..banyak org china...mah..pork is easy to find


when buy stock..you also like EPF and other buy those stock to hold long term
SUSPink Spider
post Mar 22 2016, 04:01 PM

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QUOTE(Le Don @ Mar 22 2016, 03:26 PM)
USD below rm4.00  hmm.gif

Any counters will benefit from stronger ringgit?
*
Any counters that imports raw materials?

I think of Carlsberg hmm.gif
CP88
post Mar 22 2016, 04:09 PM

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QUOTE(Pink Spider @ Mar 22 2016, 04:01 PM)
Any counters that imports raw materials?

I think of Carlsberg hmm.gif
*
GAB?
SUSPink Spider
post Mar 22 2016, 04:10 PM

Formerly known as Prince_Hamsap
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QUOTE(CP88 @ Mar 22 2016, 04:09 PM)
GAB?
*
Lebih kurang la...

DLADY and Nestle too? They will also benefit from low commodities prices
Le Don
post Mar 22 2016, 04:14 PM

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New themes are CPO and rising ringgit? whistling.gif
SUSPink Spider
post Mar 22 2016, 04:15 PM

Formerly known as Prince_Hamsap
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QUOTE(Le Don @ Mar 22 2016, 04:14 PM)
New themes are CPO and rising ringgit?  whistling.gif
*
CPO...apasal my Ta Ann kaboom then? doh.gif

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