1. i'm not interested with public apologies or anything of that nature.

2. "big shot investor.. super investor" ?! well you create such titles, you KEEP IT. i'm not interested with it.

3. to prove to you is plain stupid.. besides, you don't even know the function of an S&P to begin with.. why waste my time?

i love this forum

why ?

everyone here gives feedback genuine based on thier experts and right or wrong, I will take it as critics.

Good forum. It goes to everyone.

it is always the case, when 2 persons hav different opinions, one tend to argue with the other or to prove him wrong. let's not forget, we r here to answer to TS topic n SHARE our personal experience or OPINION , not to give ABSOLUTE guidelines.....

so, if u find some posts may not sound right , give ur 2cents but don't fight....coz , others will laugh while eating popcorns.....

at the end of the day, if u find ur way works n he refuse to listen, let him continue to make mistakes...

we all come from different perspectives/angles.. how we're nurtured also formed an influence to how we shaped our thought process..

add in with expectations and youth-driven energies..

alot of what is being said/share here simple adds to the confusion on areas of properties/investment..

there're lots of experts/semi-experts/pseudo-experts... but the humble fact does remains.. at each cycle of time period.. anyone may have had one sound/rationale point of view.. that was relevant at that point of time..

some of such point of views may not repeats itself in history but nonetheless forms a dynamic repository of knowledge that can help shape our decision making when dealing with money..

you can considered them as noise/distraction/entertainment... or to some, a hindsight/foresight to events that have yet to commence..

i've been very rethorical in the way i share.. but over the time span, i realized that it wasn't the lack of quality sharing per se.. but rather the currently attitude of budding investors today..

the 'instant-noodle' investment approach.. amplified with instant gratification.. i mean, how else can you relate to if i tell you that i've spent nearly 10 years studying properties before i even actually sign a paper to acquire one?!

some of you even have the wits to ask for documentation as proof.. how silly can that be?! prudence investor lives by anonymity.. (there're folks out there in this forum displaying NRIC for all to view, can you believe how unwise this is? just because you have to comply to this "proof yourself" thingy.. but looses the rationale over such actions and it's consequences)

in fact some of these sharing are only propagated secretly and closely within the family members only.. and outsiders will have no clues as to how such intricate financial knowledge comes about..

so, think of the consequences before you do something.. first one who draws an action.. will usually falter.. (that's the virtue of patience)

take it easy bro's. Its Friday night.

This post has been edited by dr_luv: Sep 29 2007, 12:57 AM

again, its all talk, no facts. No wonder it u need 10 YEARS of studying in properties before you FINALLY sign the dotted line. Heh,a slow-learner....aren't you?




Look woman/dude, I believe I did enquire politely on your "30% discount". Your case perk my interest as doesnt make sense :

1. That your agent is so "kind" to pass a home-run deal to a stranger when he himself could have bought the property and reap at least 30% cap gains. Or if he doesnt have the $$$$$, there's always family and friends. So why pass to you, a stranger?

2. 30% off ACTUAL developer's price, is really unheard of. Has anyone else in this forum offered 30% off from the developer's actual price?

3. You BLINDLY refuse the fact that there's a POSSIBILITY that the developer might have manipulated the S&P and dismiss my thoughts as being silly, either due to your scratched ego OR you simply have no clue that developers are capable of pulling such act.

Lastly, no one asked you to disclose any personal information about yourslef. All I asked was general information regarding the property, to clarify this exceptional case so that EVERYONE here can learn something. This is a FORUM, where ideally ppl should share + exchange information & thoughts. When you kept facts to yourself and simply dismiss other's opinion with no facts, no one here learns anything.

My 2 cents

This post has been edited by Pai: Sep 29 2007, 03:35 AM

ignorance is bliss..

i can cut an answer to 3 of your questions above.. but i'd rather not..
dumb as it may seem.. the answers is out there in the open.. you've perhaps too blind to notice?

(you must've picked up your insulting skills from your own mother right?.. i can tell, but you don't have to unleashed it here.. it doesn't work)

bro, u did mention u r having some handsome rental return on tht unit u bought , how is rate of return like ?

again, this is ALL TALK and again zero facts from you, old man. Perhaps Yewkhuay will have a better luck in getting you to share.

And you had to bring my mom into our PROPERTY-RELATED argument? Seriously, u remind me of primary school students





wait a minute...........










u r not a primary school student, right?

Lets keep the forum to its objective. Do not relate family siblings into our conversation.

one hand doesn't claps.......
put an end to this SHARING pls, and u do agree there is an Arguement....

Hi Folks,

What do you think about Kepong ? Coming up location ?

cash-on-cash basis.. it's like 11.8% (nett off bank loan, maintainance charges, taxes & insurance).. denominator is the capital that i put in.
i've been approached a few times, on offered to buy up the unit.. i'm working out a viable model so that eventually, any buyers will still be able to make a decent rental income after sale closure..

on the side, i do have a dilemma.. to sell or to keep it going? my equity buildup is pretty slow.. average about $150/month.. (but i considered it as bonus.. it's like the tenant is contributing additional to the unit for me on monthly basis)

if i let go at the last successful transacted price of a similiar unit.. i shall pocket about $90K(nett) after closing my loan and factoring in 1% about closing cost.. and holding period is 3-years.

if the unit approaches back to its initial developer price.. the nett profit will exceed $100K.. so you can see, it's just a few percent more appreciation to go.. (so the saying "profits are made when you buy, not when you sell" really rings relevant here.. my advantage is not at selling, but at entry to this unit)

the problem with selling is.. i will loose a very good rental income.. but should i hold.. i will have to consider other dynamic factors hovering currently. interest risk and market risk.

anyhow, i will have till the end of this year to decide..
btw, should i sell.. will only then i might consider revealing the unit.. but it's a business transaction.. not some kopi-tiam chatting here.

This post has been edited by lwb: Oct 2 2007, 03:07 PM

kepong has lots of greens.. and spacious in land-layout.. that's what i like about it.
it's a bit north, geographically speaking.. let's see how bandar manjalara is doing.. with the desapark project there.
the success of manjalara can/may have a rub-off effect to the north..

are you asking on the context of investment or own-stay?

You sure Kepong have loads of greens?
For me its a great location, 20 mins to KL & 20 mis to PJ & Rawang. For me the accessible here is very high but no LRT.
Bandar Manjalara is almost 20 yrs & their market value is quite acceptable with good demand.
But I'm not quite understand the bold part, care to elaborate?

you sounded very much like an own-occupied purchaser here.. not an investor.
thus what you look for, can be different from what other people look for.. (e.g rawang?!? who cares about rawang.. )

have you looked at google earth on a huge monitor and have all the district boundries marked?
when referring to "greens" at kepong.. it's not a limited defination on the lush lalang growth next to someone's moonson drain..

from frim, segambut and to some part of selayang.. these areas engulf kepong.. of course there're industrial land parcel (the not so attractive part) and the nearby(or not so nearby) jinjang villages.. greens.. also refers to the state of untouched by commercial development.

bandar manjalara has good demands?!? hhmmnn.. i can't 100% concure about it though (unless you're referring to the new development that's taking place).. it's a stable neighbourhood i'm sure.. good "yong-tau-foo".. but the shops there are still... sad.

shops are important for a township to boom..

I'm not an investor, just merely stated my observation. That Rawang part is just merely to states that it is easily accessible.
FRIM is forest reserve, so what do you expect, of course full of green lar. & who cares about green in Selayang, we are talking about Kepong here. If you said Selayang engulf Kepong you might as well add in Taman Tun/Mont Kiara/Hartamas for good measure. Its all within the distance as Selayang.
And the good demand part is not new development, mostly new development in Menjalara are high rise now.
But agreed on the view on shops there, can be better esp on the steamboot area.

This post has been edited by vreis: Oct 2 2007, 05:10 PM

then i understand our differences in oppinions here.. (it's ok, it's nice to know how you see things too)
tmn tun/mont kiara/hartamas/d'sara heights/manjalara... i'd group them together.
i hate to associate manjalara to the group.. but it now depends on how the area is marketed (with an access road cutting through it)

otherwise, it's a former dumpsite and a not-so-interesting commercial shoplots take up area... it's almost seedy-like.
(p/s - i put selayang in because my good 'ol colleague stays there.. ok or not?!)

The reason Tmn Tun/Hartamas cropped up is just a measure of access of Kepong. I though Manjalara formerly was mining pool.
Talking about former dumpsite, a few row of f/h double storey was launched about 8 yrs ago, it face directly the Taman Beringin dumpsite. It was sold for more than 300k. The place smell awful when raining but still it sold like hotcakes.

ohh.. i forgot the pool!!
hahahaaa... reminded me of sri petaling.. a former dumpsite too... but hotcakes it is now!