1000% profits!

If u r a yield investor, see which one makes investment sense, new is nice but u may get 3% yield, old maybe u can get 7-8% then why worry?

I have not bought a new property in the last 7 years, but I have purchased 4 properties, all on auction and 30-40% under prevailing market rate. I like new properties but I am not emotional, I only buy when I can get minimum 7% yield. So put ur emotions aside and make a business decision.

Many think new properties will have tremendous capital gain, not always true except 1st buyer but tha too no one does a nett investment calculation after all the interest u have paid during construction if the capital gain is great or not.

It's always a calculated risk. My margin of loan is only 70% so 10% down isn't an issue. If I can be blunt, if u can't afford 10% of purchase price you should not be buying a property.  This is the bull shit developers now created by illegal discounts which by law is illegal but no enforcement. I saved like hell 16 years back to buy my first property, 2 years saving, no car, then BY luck I got a decent relocation bonus from company, then I dumped 10% into a house. Today young Turks want everything fast and easy.

Maintenance is almost always paid by bank for all outstanding. I have not seen cases where buyer pays.

Repairs - again no different then buying a sub sale.  Any property u buy u will spend money to dget it up to ur taste, even new one.

Vacant possession - can be an issue, keep 5k as contingency if u need to get court order.

A good auction agent is key, don't ever trust normal real estate agents who only do auction part time as they only want to rip u off some commission , i work only with full time auction agents like auction list or Lelong tips. They help me sort out allot of issues and th y do this day in and out.

Finally auction u can gain allot but it's also not something for people who are cash strapped. Example I may end up buying touts and syndicates out or give my agent some money to sort matters out, on average each auction cost me 5-8k of the addition cost but that gives me peace of mind.

Property is a life long, illiquid, hard commitments. Many young Malaysians in general dive into it without and exit plan or holding plan.

now the discount trend is
Preview 8%
Launch 8%+2%
after launched 3 months 8%+2%+lucky draw
after 6 months 8%+2%+lucky draw+cash rebate....

the best discount in 2016 is from subsale market

How are the 'crooks' going to catch themselves? You already know who are the biggest 'crooks' in siphoning big sums of money out of the country.
buying domestic assets could never hedge against forex loss. Like mentioned, its just another better way of parking one's money other than saving it in the bank.

You are right on the High NPL rates. This I confirmed with my bankers. Not only NPL high on residential loans, car loans, personal loans and credit cards are also recording high NPLs.

Sure us market is doing good
Ayam more worry if us not doing good
Ayam may get lesser return but at much lower risk (currency risk?), less mistakes to be made (not all us stock make money) and less leveraged risk, long term wise property is a BBB UUU and easily outperform U.S. market. Nothing can stop it.
Keep waiting for the bubble.

House do not exposed to any of the risk.
And Ayam is getting guaranteed 10-15% income every year? Why do Ayam need to worry about the risk?

Jew won't belip it
It is why Ayam become millionaire just from the income alone. Banker always call me for new house loan, ayam can keep leveraging Ayam income. It is why Ayam find no reason Ayam need to care about the risk Jew mentioned

icy, can teach me how to become millionaire ah.. i only have 2k in my bank... got chancy become millionaire ah?

all this while trying, and still trying.. so asking for your expertise statistics and numbers expert for advise.. hope can hit straight in between the balls..

Is it very difficult to do it in u.s stock?
Ayam didn't know it is very difficult.
Bank keep giving Ayam new loan Ayam think it is very easy to do so in stock also.

hello, i dont want listen you analyze statistics, chart, or numbers, because i dont understand..

If i know how to work smart i dont have to ask for your advise already..

By your expert on statistics, chart and numbers, i believe you can turn my RM2k become RM20mil easily... So please help me to become millionaire.. or even one of the 3% who have US$100k networth

Nowadays, doesnt require certificate ka? buy suit can get job already? I graduate in "Specialist in Property Management", SPM, can work in investment bank and funds management ka? If i apply for cleaner job maybe can lar.. work as cleaner in sg, hk or shanghai, can become top 3% in 5 to 10 years?

No other kang tau you can help me generate from RM2k to become RM20mil or even at least 3% of the US$100k networth?

With a SPM cert on hand, and working as cleaner i can have chancy mary into developer family? very ambitious ah..

i'm now member of 97% so thats y i seek for your advise.. but look like you're one of the 97% also.. because you pusing pusing.. no solution for me at all..

I believe in buying and holding long term for good location properties and then get rental income while holding long term.... is this consider uuu?

For properties in good location... i don't see the price DVD... i have been stressing on this keyword = location, but usually people like to generalize and say property downtrend now... AFAIK... prime or good location area the price hardly go down... probably stay flat in bad times only.... but over long term... it is up trend....

hear form developer, they already get the tenants.
they give free rental  one years to potential shop tenants which open at 3rd avenue.

it was 100% empty after more than a year
AT LAST 1 shop doing reno....🎉🎂


[=Donald Trump,Jan 13 2017, 10:50 PM]
Soli correction.....my pucat friend say this is not shop renovating....is actually TLG MS use to store their crap😌......my bad
so is still maintain 100% NOT OCCUPY for more than a year and counting

worked there for a year couple months back. more shops are closing down in the mall and the shoplots outside the mall as well. heard that my old working would be shifting as well lol


[=Quang1819,Jan 13 2017, 11:35 PM]
but most of them are known brands like Oldtown, Subway and a few more. Those that aren't well known all closed down

Since when tms is a reliable dev???

It's quite a norm for buyers to b conned by tns. Nothin new I guess. It ll b headline if it's not a con job.

Now all eyes r on sg buluh.