the age old question of whether to rent vs buy needs to be addressed.. if it is cheaper to rent, then the answer is don't buy. and vice versa..

what's hilarious about that? I'm one of those people.. lol.

I figured a place where rental was high and property prices in 2016, was relatively low..

so in the end, I bought and over-time, the rental become more than my repayments. And the property price also increased.

I'm now shopping around for a new mortgage, and lowering my monthly repayments further. So my net positive gain from rental is now 7%.. (rental income deduct tax + interest+ maintenance+ upkeep)

That's how you play the real estate game. haha..

This post has been edited by Liamness: Feb 26 2020, 02:51 PM

They cant afford the downpayment for a loan?

Short term rental?

Renting out single rooms, but when combine the entire rental is more than instalment..
etc.

many reasons why somebody willing to pay more for rent than instalment.. lots of stupid and desperate people out there.

quite easy la, search prop-guru & follow this rule:

https://www.pwlcapital.com/rent-or-own-your-home-5-rule/

I can show you one example la..

Ok take this prop in Johor Bahru:

https://www.propertyguru.com.my/property-li...x-chai-30618552

Rm300k, applying the 5% rule, it will be RM 1245 a month.

The rental is going for Rm1300-Rm1400.

https://www.propertyguru.com.my/property-fo...&newProject=all

Let's say you get RM1350/month in rent.

Overall, that will give you a 8.3% rental return or RM1250 a year net positive return.

IMO, this is a reasonably good property to invest in, as you have a good chance of a net positive cashflow from your rental..


I spent 40 mins to find this example.. You just got to keep searching in the parameters la.. Eventually, you will find an investment prop that meets your budget and requirements..

This post has been edited by Liamness: Feb 26 2020, 04:59 PM

got people still think malaysian property in a bubble? hahaha..

We gone through pandemic, gone through stock market crash, gone through bitcoin crash,


2021 liao and property market still as stable as it has ever been.. Infact, prices have gone up. LOL.

show me where in Klang Valley, Penang Island or any areas in hot demand that property prices are deflating??

hot demand = sold within a month of listing.

I live in taman desa, and property overhang in this area is close to zero. Especially landed prop.

i will say that property is one of the most stable form of investments.

not so easy to dispose of and the bank will normally give troubled loans alot of lee way. It only when really worthless junk asset then only they will run into trouble. But overall, the property market will remain stable as long as people need to live and work in KL.

No it's not..

A standard middle wage income in KL is at least 8k-12k a month.


rent in KL is cheap.




Property prices are hovering around RM 800k - 1.2mil


this is okay still.

Compare this to say Australia, Melbourne/Sydney. Aussie average income is roughly 7-10k aud a month. Average property price in CBD is around 950-1.5mil aud for a small townhouse.

But taxes in Australia is much higher. So you have to factor that in your decision.

Property price in Malaysia is still 5x to 7x of your annual income.

Comparable to other countries, where property can easily reach 10x - 20x of your annual income.

Malaysia property prices is still reasonable.

This post has been edited by Liamness: Feb 18 2021, 09:06 PM

https://www.globalpropertyguide.com/Asia/Ma...re-meter-prices

Your figures are out.. check out the above link.

KL is even cheaper than Bangkok.

I live in KL. Everyone I know age 26-60 makes between 8k to 20k.

Nope.. most are working professionals.

The elites are holding millions in the bank. They are on a different level altogether.

I know the type that can take a private yacht and go to Thailand for the weekend. Those types dont need to work.

Totally different from the group I mix with. Which are mostly small business owners or degree holders and working professionals. They all live a comfortable middle class life and all living in their own landed property.

It's not hard.

Just coz you are butthurt, not earning enough to afford a place in pj or kl doesnt mean others are doing as badly as you.

Infact, like I said, majority are pulling 8k-20k. Once you are a manager or senior executive level, its not that hard at all.

And if you can't even make 8k a month, something is wrong with you. Maybe you should do grab part time to supplement your income instead of crying on a online forum on a weekend.

You born poor, its not your fault. You die poor, is entirely your problem.

There's enough of this level of income earners living in KL to support the market.

Stop being a retard..

Msia property market is balanced around the income and the nature of your job.

Meanwhile, in places like Australia, even those stocking shelves at supermarket are buying a 700k aud house in Melbourne or Sydney. That isnt sustainable.

Those from KL like me hardly rent place one la..

Either stay with parents then when save enough, go and invest in a unit. It's Not hard.

like that one la. When stock market crash, the negative people will see it as end of the world.

The optimistic people like us will see it as opportunity to purchase shares on discount and will pour more money and savings into buying up the market.

Only the perma bull crowd, many inside here, will say 'oh property is crashing, I dont want to buy.', when instead they should be saying, wow! discounted price, time to buy!

if you don't think you can earn even 8k ringgit in KL is not achievable, then that is your problem, not mine.

I already said you can supplement your income by doing outside job from your usual full-time job. So easy and straight-forward.. But noo, you want to post on a forum about how sad your lives are that you can't even afford a property in KL..

I have lived in SG, Aus, Canada and Malaysia. I can tell you for a fact that buying your own house in Malaysia is by far and away, the easiest to accomplish.

Try buying a property in Toronto, where the Chinese and HK citizen have been ramping up prices there for half a century. Same thing in Australia now. You haven't seen a bubble until you go to Australia and see for yourself what a property bubble looks like.

As for SG? sure, public housing is affordable. But people in SG are restricted in their property ownership, choices and what they can or can't do with their HDB flat. Not to mention, nobody in SG knows what is going to happen after their 99 year property expires. Government can claim it back, can demolish it, or renew the lease. Nobody knows and that affects their prices as the age comes closer to expiration.

Malaysia is still a hidden gem of property ownership. And alot of foreigners are also attracted by the property here. In your unlikely scenario that the local KL market can't support ownership of property prices, then the foreigners certainly can. You can cry until the cows come home, but wishing a demise on property prices in Malaysia, especially in KL where landed prop is hard to come by, is an unlikely scenario. Certainly not within our lifetime. If there is a price drop, I will buy some more units. But I don't even see the prices dropping. It will remain stable for the next few years, and there will be 2-4% appreciation in the prices.

This post has been edited by Liamness: Feb 22 2021, 11:54 AM