By right, Malaysia props should b more expensive than Sg ones... By right...

But I feel where u're coming from. Malaysia prop prices cannot rationally go lower. So, d only way is ...

Duta park good luck

no wor... so far mine are family... especially condo near hukm... u can rent out to arabian doctors and their family to stay... they are super long term tenant... haha...

but my dad have one hse in KL... he let out to one tenant... and the tenant sub-let to foreign workers.... luckily its a super old flat....

I see... Cause was wondering if it's worthy to rent individually or to rent the whole unit to one person then he himself finds its own tenants.
But yeah, there's the risk of that tenant renting to those foreign workers. Usually they'll leave a big mess or basically destroy the whole unit lol

Born in 1980, bought 1st condo property at age 21, sold and bought landed at 29 year old and just bought a semid last month at 38 yo

not all locations are suitable to sub-let to foreign workers though... they need public transportation alot... so... if your house are not near to any of those... the chances of sub-let to them will be lower... unless their boss ready a car or a bike for them to transport in and out la... thats tough luck... haha

I'm okay with renting to Nepalese or Vietnamese. But to Bangla or any middle Eastern is a huge no lol.

Mine is in Kajang btw, not very walkable distance to Kajang MRT. Takes 15-20 minutes walk

yea... i guess you can take the risk... maybe in the agreement include a clause where you have to screen his sub-let tenants also... haha... just screening them wont take too much of a job for you i guess...

What's wrong with duta park?

Only if they're that truthful haha. If that really were the way to go, I think I might need to go there to check every month

Manage sneaked in a few as a 90s then, sweet time I still reminiscing

it is my dear wish that detailed study and more useful statistic are available for Malaysian to do their informed investment.

today, when we say that the propeties are oversupply, we do not have detailed enough statistic and information to analyse what is meaning and affect of "oversupply" to one particular location. In my own theory, "oversupply" in certain type of property might not affect the overall property market. it is like an overgrown branches of tree having not enough nutrien, it will just wither off and the tree will only to grow heathier.

the property price in malaysia is relatively low, same thing with our salary. this also mean that there is a very big room for our salary improvement and property price improvement. the country has reported continous growth each year but not our salary and property price. once the people is empowered, once our industry grow healthy and more companies venture oversea competitively, this room of improvement will be gradually filled up.

furthermore, we are still developing, our 2020 vision has been shifted. enroute to this vision and beyond, it should be real positive growth for the nation and our people.

Plenty of data is available from e.g napic, research institutes, etc.

realistically, overgrown branches will suck more nutrient from other part of tree and cause injury. Investors of oversupply area e.g cyberjaya, Jalan ampang are likely to have bought in other areas. Negative cash flow in cyberjaya almost certain will drain cash flow from other areas or even cause cascading effect.

This post has been edited by icemanfx: Jun 19 2018, 05:31 AM

The problem is not no money. The problem is d money is flowing out to Sg, hk, uk, us, aust etc etc becos... Malaysians ourselves don't believe in Malaysia.

On paper, Malaysia beats Sg in all departments. We hv immense natural resources, hardworking people, intelligent people, young people. Seriously, Malaysia has a demographic boon. Our population is so young. And these young people WILL need a roof over their heads. How long can say three young adults siblings all stay together in 1 house. It's only a matter of time...

According to a number of reports, Malaysia will become a ageing nation in about 2030.

This post has been edited by icemanfx: Jun 19 2018, 05:14 AM

I do not think it will be so soon. Our country median age is only around 28 yrs old.

It is way lower than SG that their median age is around 40 yrs old.

Msia's market still has rooms to grow. The issue is that the wages is still very low and slow in growing.

For a typical comparison, 28 yrs old is relatively young nation and it is the age where people started to commit their big ticket purchases.

Once the new govt able to commit some effective measures in tackling the low wages. We might be able to see some booms.

As of now, yea, market still gloomy.

DOSM

SG

80s are just 29-38 years old - how can be very old. Very old means over 70 or 80 years old.

the major bumi population still giving alot of new birth at a good rate wor.... how these reports calculate their data? ageing nation by 12 years later abit too soon... then how about singapore....?

Why would MY properties be more expensive vs SG ? MY has plenty of land to build houses while SG is is called little red dot because it's so small in land area. 6 million people has to squeeze into an area smaller than the smallest state in MY, Perlis.
A terrace house is SG cost millions of S$ - and it U convert to RM, it's a HUGE figure.

Why fall into aunty icy trap ar🤣🤣🤣

She ll name u 101 sos but has shown none so far. I hav opened arms n legs oso kangkang waited since 2012. Pls pray she hoot me with sos tis round. 😜😜😜