on paper, i lost about 100k value for a landed property...
dunno need to wait how long before can break even, don't even need to talk about earn... i guess this property really need to pass down to my kids already.... hehe....
QUOTE(kurtkob78 @ Sep 27 2018, 10:05 AM)
All threads before this anticipate this to happen. Now its happening.
All bbb uuu s that were active before this went missing.
Its Hard to service loan and seeing price of props dropping.
quite an easy answer for me.... because i don't feel like worth staying at semi D....better earn the passive income and enjoice monthly with the mon-neh!
But then again, each person has his own dreams/wish ...i have a friend whose dream is to stay in landed instead of condo, so he save up and finally manage to buy a landed (after selling his condo + top up cash)....
so really depend on your friend, if his/her lifelong dream is to stay at that area and own semi-D....ma go ahead lor...
QUOTE(Suarez23 @ Sep 27 2018, 04:20 PM)
Just a question to ask you'll opinion, I had a friend ask me this question and I don't know what is the best answer for him. He has 2 condo is KV that already paid off. Rental for this 2 unit total is RM3600. He himself staying in a landed property in KV. His Condo in KV currently bank value at RM410k and the other one is 550K. He wanted to sell this 2 unit and use the cash to buy Eco Santuary Semi D that cost around 1.6-1.8mil. The house that he currently
staying he only owe 330k and he wanted to sell around 1.4-1.5 mil. So he ask me should he sell this 3 property and get a Semi D in Eco sanctuary? I really don't know how to answer him. What i see he has a passive income RM3600 every month, current house he stayed are endlot unit DSL are around 2200SF.
Repayment for this DSL house are below 2k. I really don't know what is the best answer for him. What you guys will do if you're him?