Cant say . I'm eyeing that unit

I dont understand all these UUU and DDD, both also waiting for something that might or might not come.

Instead of speculating, I prefer to invest my money in a more sure thing rather than local properties, which currently does not make sense. 

I prefer investing in foreign REITs, as a proxy for property investment.

I can buy properties at up to 30%-40% discount from market, and getting 7%-9% annual dividend annually from rental. I only choose counters which can at least raise their rental annually because of collective bargaining power. You can never get all these with your standard property purchase.

Buying local overpriced properties, you be lucky to get 5% discount to market and rental yields of 2.5%... what a foolish investment:lol:   

If property goes DDD, I am protected with my high yield.

If property goes UUU, I enjoy my NTA going up, thus they can buy more property with debt.

If RM crash, I am also protected from Forex (I invest in >6 countries)

I dont have to worry about tenancy problem, selling, and all the associated headache related with property ownership.

The reit itself is already leveraged, but I can pledge my REIT to get loan (rate not much different than housing loan), which I only pay interest, and I can pay off the principal at any amount or one go if i like.

Sounds too good to be true? Sounds impossible? It is not. I have been doing this for the past 8 years, and it has done very well for me indeed.

To know more head to the stock exchange forum under REIT threads to know more.

Dude that is reserve price ...not incur maintenance fees , assessment which buyer usually need to pay for lelong property ..

Topping out is difficult, since not many have cash in hand, all they are doing is investing using other people's money. And when the credit is easy to get for everyone, you get an inflation. That's why sub-prime crisis leads to a bubble and everyone bought - except for TAN SRI ZETI the heroine.

Buyers would still need to pay the 10% of the price, so they actually believe that the price is "right" but they simply dont have the money to top up, and rely on the bank's money - and my begging the valuers to match the price.

Id expect 800 sqft apartment to be priced around 250( currently around 300k) in major areas and should be cheaper in outskirt areas 1000sq ft around 300k(currently 400k) and landed to start around 500k depending on locations. This cud be the bottom price unless the economy deteriorate further. But then again prices might also stay at the current level before going up again..

Also logically a studio then would perhaps be just around 200k? (Currently they are from 300k to 400k)

I think prices of global oil would hv an impact too, what do you guys think?

1) what is the bottom price if prices weaken further?
2) is the economy looks like its going to weaken further or the worse is over?

I will wait till 800sqft priced at 250k.

Now only can afford property 300k below. So sad.. :0

Any Axis Residence wanna let go at 250k?.. hehe...

Wow even the index is decreasing now.. where are all the UUU? Still BBB is it?

Everything is BBB already
What are jew still waiting for?
Want to be the anal list who always made a wrong guess?
It is all jew choice

Jew can be insecure the rest of jew life for all Ayam care.
Ayam can see it clearly, it has never been so excited since 2011, Ayam do not need to convince anyone who trying to be deaf or trying to be blind.

Ayam do not need to read napic or belip
the anal list to make decision to buy a house.
Ayam making own decision, did Ayam suceed? Sure Ayam is more success than all the anal list can even imagine

Too bad Ayam is making a killing from the recent stock run, Ayam has enough money to buy property with cash, Ayam has no reason to not to be licher, hater gonna hate more.

Can anyone know what happen and where is Jolokia go? Did not see his post for a long long time in Lowyat where he is very much active before.