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 Multiple Signs of Malaysia Property Bubble V20

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Starbucki
post Sep 19 2018, 10:57 AM

Ayam betmen
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How many are stuck with their vacant property this year?
Starbucki
post Oct 1 2018, 09:11 PM

Ayam betmen
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QUOTE(wild_card_my @ Sep 30 2018, 11:04 AM)
laugh.gif  laugh.gif  laugh.gif

Those are lelong units. They are unable to repay the installments so the banks exercised their power of attorney to force-sell the unit. Unfortunately, even the banks can't sell it to cover the principal outstanding, and the difference still has to be paid back by the borrower.
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so only if the (ex) owner cant repay the balance, he can be declared a bankrupt?
Starbucki
post Nov 27 2018, 11:45 PM

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QUOTE(bearbearwong @ Nov 27 2018, 05:31 PM)
now all renting at loss , or what they say , rent out to cover a bit the loans..

the problem is many are like that... with rental so low, ppl are discourage to buy and will continue to rent, with more and more affordable projects ard more competition.

dont forget tenants sign tenancy agreement, you are bound by it as well
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Have to buy furnitures n fittings in order to rent. Lose some more money
Starbucki
post Jan 11 2019, 03:24 PM

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I see some open day show galleries filled with prospective customers - normally young men and women in nice (almost party) clothes. Going by their age, I dont think they are genuine investors in high end locations/properties. Are these paid actors?
Starbucki
post Jun 27 2019, 08:23 AM

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QUOTE(icemanfx @ Jun 23 2019, 12:45 AM)
user posted image

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Most rental yield is below average loan interest rate.

https://www.redangpow.com/blog/what-is-the-...n-klang-valley/
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How is yield calculated?

 

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