where everyone bought bcuz of the hype of the mall and other skl factors... now bcum negro nest.... hiding behind undetectable...

looking at the oil price and exchange rate.... it seems now towards next year will be a recovering period for malaysia economy itself barring unforeseen circumstances.... oversupply is true.... but it doesnt make the bubble burst.... buyers just need more confident from the recovering economy condition to buy a property only...

well... i like to shoot some joker who talked like he is guru who can predict everything... padahal... kena burnt the worst.... same applies to those konon nya property gurus as well...

he is the last person u can really trust on his statement.... a waste of time tok kok without facts... at least iceman keep splurt out napic figures... this guy... keep on say insider news here and there... topkek...

after u wait for the whole township to fully developed and appreciate by small margin... the 100k paper gain gone down the drain already.... agent will keep ask u... whats your SPA price...? after discount price? u wanna sell at gain? impossible la.... unless u are talking about landed... high-rise in undeveloped township.... is god bless america....

haha very true.... very unlikely a high-rise unit in new township can be investment grade property... no rental income... rental play.... owner kena play i guess... appreciation... those that willing to travel to undeveloped township... wont really interested in a high-rise unit above market value... below market value/ cost where they can marked up and get full loan is more possible...

those older ones and nearer to the active town area one not bad geh for rental play... appreciation stagnant after bull-run aje... newer high-rise tak boleh pakai langsung...

now they chg their strategy of course... launched all new affordable projects this year inside KL... dont dare to touch those outskirt areas anymore... southville still need hard work to clear off the remaining stocks...

how about Aset kayamas? a superb morally responsible developer already... all their projects have new launch condo and rumawip... very balanced

xiamen uni students... you better check how many students really study at there.... and why students wanna choose that uni to study instead of other colleges and uni within KL....

southville surrounding... really how much rental can you play.... bangi is not exactly prosper with job opportunities and students... even with office suites in southville... why companies wanna move their offices to bangi? i guess if u rent out to reduce losses should be ok... maybe 1.2k and below per month... it wont be passive income...

well... its not CBD and not near to CBD... of course im not saying that bangi is a ghost town... but with the supply of residential units in southville... lets say half of it are for renting out... how many populations in bangi will rent the supplied units... travelling distance is not a main issue here.... i am also staying in outskirt location... going to PJ to work too... well... since it already bought... just squeeze the best out of it...

for those generation before the bull run.... the 3 properties they have by that age is probably generating monthly 10k rental income for them.... and they never really need to touch the 1m in their bank account...

and in the end its depending on the exit strategy for property investment what type of property is it... if your property is not getting good rental yield... why u still wanna hold it til old age....

well... if u own that few property at earlier age... doesnt really need to hold your property til 60 or 70 yrs old right... for me i will liquidize at earlier appreciation if rental yield are not that good... that does not give u a reason to not investing into property anyway if u are good at looking into a very cun one...

i guess by 60... maybe i will left only 1 property for own stay... have to cash out the others for my kids education funding... haha... or maybe to help them out if they are in trouble after graduated... lolz...

but your scenario is good to have too monthly 9.6k is more than enough to spend for an old man... or even pair of old couple...

u are buying for own stay... just work harder to cover the hike... we wont know to what extent the hike will be... but i supposed it wont significantly affect you in the short term... unless interest rate go back to how it was used to be.... more than 6% annually... are u those that always have extra savings at the end of each month...? if so... just apply for flexi loan... put your savings into the flexi loan account to save some interest...

well looking at the currently completed rumawip.... the finishing and quality is better than any above 400k private project also.... and also at the same time... living environment of those 500k expensive projects doesnt seems to be better... its just that u able to get more bank loan doesnt mean you are civilized or higher in morality.... there are alot of ppl who can get up to 600k loan but choose to just get a rumawip to stay.... there are condo which cost 600k to 1m and still badly maintained and everyone parking on the road side like ah beng....

well... u can make an appointment with agent online... say u interested to rent a unit at pandanmas... and see the overall presentation and the environment of the rumawip... its best to look at it with your own eyes....

no la... let him feel the environment there... quality wise... i cant say will it be the same or not even its by the same AK47 since sub-con might be different... i dunno which rumawip is he buying.... but it could be one of the AK47 rumawip that he is looking at...

Aminvestment Sector Report on property sector:

 We have a NEUTRAL stance on the property sector in 2018. The local property sector has been languishing over the last 4-5 years, since hitting a peak in mid-2013. We believe the most encouraging signs we have seen in 2017 are:
(1) developers adjusting to the reality that mass-market affordable housing is where the demand is; and
(2) the willingness of certain developers to cut prices (to the tune of 10-15% or more) in order to clear unsold stocks. We expect these trends to
prevail in 2018, bringing some life back to the sector.

 We do not expect a full-fledged recovery of the sector within the next 12 months, as various key challenges remain, including:
(1) the generally still elevated home prices;
(2) the low loan-to-value (LTV) or financing margin offered by banks; and (3) house buyers' inability to qualify for a home mortgage due to their already high debt service ratios (DSR).
The DSR is calculated by dividing one's debt service obligations by his or her income (most banks observe a cap of 60% for the low-income group, and up to 80% for the high-income group). Potential house buyers may have little room left to
take on a home mortgage due to their existing debt service commitments (arising from outstanding study, car or personal loans), while their incomes have not kept pace with the commitments.
 In addition, the still subdued consumer sentiment against a backdrop of rising cost of living, weak job security (on the back of industry consolidations, particularly, the financial and oil & gas sectors) and elevated household debts, is holding
consumers back from committing themselves to the purchase of big-ticket items including a house. Not helping either, is the potential hikes in the overnight policy rate in 2018, given the recent shift in Bank Negara Malaysia's policy stance towards slightly more hawkish than before.

 We believe these issues could be partially addressed with the offering of affordable housing, coupled with more flexible
financing plans to the low-income group such as a "step-up" scheme initiated by Perbadanan PR1MA (where borrowers only service interest but not the principal in the first five years) as well as a "rent-to-own" scheme introduced by a local
bank recently.
 We are mindful that affordable housing typically commands low margins. The margins could be crimped further given rising competition as the segment gets more crowded by the day. We believe the investment case for an affordable housing developer only holds water if the developer is able to sell affordable houses in large quantities, has access to highly cost-effective and speedy construction methods, and most importantly, has the ability to secure strategic landbank with a high plot ratio at cheap prices. Otherwise, we are more inclined to see selling affordable housing as a means for
developers in general to tide themselves over while waiting for the property market to turn around.
 We see a bright spot in developers with overseas projects. We have already seen green shoots of recovery in property markets in the UK, Australia, Singapore and Vietnam since 2017. These markets are ahead of Malaysia in terms of their
recent boom-bust cycles. They have been through the consolidation phase and are now on a recovery path.
 REITs tend to underperform in a rising interest rate environment. Retail REITs may be hurt further by the rise of ecommerce.
We advocate stock picking in the REIT sector.
 We may upgrade our NEUTRAL stance for the property sector to OVERWEIGHT if: (1) the banks are to ease lending policies on properties; or (2) consumer sentiment is to improve significantly.
 We may downgrade our NEUTRAL stance for the property sector to UNDERWEIGHT if: (1) the banks are to tighten further their lending policies on properties; or (2) consumer sentiment is to deteriorate further.
 Our top picks for the property sector are Sunway (BUY, FV: RM1.99) and Titijaya (BUY, FV: RM1.91).

also due to alot of ppl practice wait and see before the election... lets look at after election and beyond data will be more applicable...