Is it worth buy those over value property which been auction? Selling 300k but auction 150k like that. Feel got a lot trap since new unit less than 10years
Auction properties
Auction properties
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Feb 10 2018, 03:11 PM
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#1
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Is it worth buy those over value property which been auction? Selling 300k but auction 150k like that. Feel got a lot trap since new unit less than 10years
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Feb 10 2018, 03:36 PM
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#2
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QUOTE(AskarPerang @ Feb 10 2018, 04:23 PM) Got example a 300k property price drop until 150k in the auction market? I dont think got any. I saw it in kampar perak area. The area over supply more than demand.... mean is no hope area? Nearby ktar & utar and new few college area.Normally 30% off market price will have taker already. Unless really no hope property then that's another story. |
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Feb 10 2018, 10:22 PM
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#3
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Im always check pricing on mudah & property guru, cause i got two property at there. Hmmm i try find back if the link still have.
What i know is the pricing lelong is attractive, but as i see the area, a lot empty unit for rent/sale.... only few unit occupy it even front row, middle & behind row i think no need to say anymore rite? Something like ghost town, maybe need 5-10years more for the area if you ask me. My question is worth to buy it now to hold? Just for potential grow, cause i believe hard to rent out over supply This post has been edited by leodinouknow: Feb 10 2018, 10:25 PM |
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Feb 10 2018, 10:36 PM
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Feb 11 2018, 12:41 AM
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QUOTE(kamilnu @ Feb 11 2018, 01:24 AM) Yes3......flippers being slaughered as we speak. Yeahh baby! Yeah a lot of my friend which work at singapore and purchase condo as investment all burn hand. Empty for 1years plus no tenant since all unit for all block is for rentI aasume the johor auctions that are hot is the Palazzio studios in Austin Perdana there and condos in Bukit Indah. |
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Feb 11 2018, 12:57 AM
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#6
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QUOTE(kamilnu @ Feb 11 2018, 01:47 AM) I singled out Palazzio bcos i visited the site and made a study of the development in 2013. I saw there were 4 blocks with high density studios. Next to the site there was another developer doing the same thing. After visiting the show room and the site i immediately run away. I will say dont touch jb property. A lot people burn hand. Except you got extra cash to buy and hold. Hard to rent out even advertise at lower than monthly installment loan |
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Feb 11 2018, 01:13 AM
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#7
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QUOTE(kamilnu @ Feb 11 2018, 02:04 AM) Well....in the end i still bought one in 2013. A new double storey link house in Tmn Bukit Dahlia, Pasir Gudang. Developer was Johor Land. Rented for 15 months now with rental above bank installment + maintenance. Company account tenant some more. Huhuhu. Well is good on your side getting inside the ship bro. But i heard the rental wont be high forever? Currently cause got lot contract worker foreigner, and they come in 2years to 5years time only. Once contract finish, company wont rent it with such pricing anymore. Anyway is good enough you able get in that wave of profit congrats |
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Sep 25 2018, 11:03 PM
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Oct 2 2018, 01:48 AM
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Oct 3 2018, 10:18 AM
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Oct 3 2018, 11:04 AM
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Oct 4 2018, 09:30 PM
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#12
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anyone know what is blanket consent letter?
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Oct 5 2018, 10:00 AM
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#13
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QUOTE(AskarPerang @ Oct 5 2018, 01:19 AM) Any props bought before 2010 become gold today. the first chance to invest property is 20years ago. second chance is todayBut 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? |
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Oct 6 2018, 12:05 PM
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Oct 6 2018, 03:45 PM
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QUOTE(gld998 @ Oct 6 2018, 04:41 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 |
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Oct 6 2018, 05:52 PM
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Oct 24 2018, 05:02 PM
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Nov 1 2018, 11:35 AM
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Nov 2 2018, 10:59 AM
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QUOTE(icemanfx @ Nov 2 2018, 04:13 AM) If amateur poorperly flippers could beat established professional/companies/brand-name in the long term in profits and appreciation, they should be in fortune 500 not fb, Coca-Cola, McDonald's, Nike, Starbucks, etc. how about those unsucessful business? a lot shop closing and some run with customer deposit too. |
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Nov 2 2018, 12:20 PM
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[quote=icemanfx,Nov 2 2018, 01:15 PM]
90% of new business close in first 3 years. Why invest in new business not established business? invest? why not own startup a company? |
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