anyone know what is blanket consent letter?

According to a report, residential property in kl appreciated at about 5% p.a or below since 2001.

I dunno how u invest, at 5% might as well put at FD.. ZERO risk. Or everyday try my luck try to buy Amanah Saham Malaysia or Wawasan, Last year payout was 6%

Again almost zero risk and very little effort.

This post has been edited by gld998: Oct 4 2018, 11:45 PM

Savills is a re consultant just in case you query.

Any props bought before 2010 become gold today.
But majority props bought 5 years ago in 2013 got zero appreciation or even depreciatuon. You will need another property peak price era in order to get above ASB return of 7% p.a. But the golden question is when will be the next property bull run? 10 years from now? 20 years? 30 or more years?

This post has been edited by AskarPerang: Oct 5 2018, 12:20 AM

I am in no hurry. I believe a lot of investors are as well. I am still making money from rental as I dont keep too many outstanding loans and over leverage. 80% of my properties are fully paid up. But expecting 5% increase is ridiculous. A lot here go buy at market rate, then expect to make some money. Go buy at full price and at market rate then expect good returns?

Below 30% market value is my rule of thumb. Don't over leverage. BTW a lot who bought 5 years ago buy at market value, sure will earn but no much and in fact got into trouble due to over leverage.

the first chance to invest property is 20years ago. second chance is today

According to a recent report, property bought 17 years ago, value appreciated at about 5% p.a. or below.

unless one could catch dead chicken, current market price is above long term, likely to remain stagnant for extended period.

Yup, dead chicken comes in many forms. By hooting higher end property, above 1million, removes the % speculators.

i wonder why dead chicken also so expensive cost 1m above? why not eat fresh chicken

Some expect 'dead chickens' to be overly undervalued props. Others expect dead chicken to come their way without doing their homework. There wont be any dead chickens, only opportunities to buy something slightly below the perceived market value.

This post has been edited by TOMEI-R: Oct 6 2018, 01:58 PM

U want 500k profits or 10k profit? Fresh is new launch and very rare for profits as they are future priced. My frenz, is developer himself, and admits profit is 300% for each house sold minimum. Some ppl delusional to think developer profit is 10% or 20% only. Our profits are lesser then small ikan bilis compared to them.

just joke around. im eating dead chicken type also, no taste and not looking good, but it help me gain a bit of additional income

may i know how credible yr friends claim?300%?
mind to elaborate further,that would be eye opening
thanks

you can see 600k property at launch, now auction til 300k nobody take... 200-250k only got buyer grab it

This is very true, on paper developer show profit of between 10-30% but actual profit, mostly above 200%

Those with land next to HTC will see profit around 300% as those land were disposed at very low price

Traditionally, land next to HTC were sold cheaply for light factory, place of worship and garbage disposal/processing

How about land beside cemetery. Cheaper than HTC land?

All i can tell,profit for 300% or more is real. U think developer risk so much for miserrable 10% to 20%.
Up to u to believe.

Thanks
i subconsciously believe there r the biggiest BS croc,it move me wanting to know further how there play these game and fabricate the figure.
but 1 things must credit them is could sell a piece of brick with diamond price

if u got big capital and the right connections... u will do the same as well...