read 1 article about those born after 80s, how they would opt for better quality life and would not tie themselves to burdensome loans. they would rather rent while building up funds for the ultimate purchase.

if you are the 80s babies, come share thoughts and stories.

have their era comes already? i do not know, i am not born in the 80s. but i would like to learn and hear from them.

iinm that should be atleast late 80's or 90's
80's most probably already have atleast 1-5 properties already unless those not earning very good.

late 80's.

2 props.

salesman only.

wow. great to hear that.how about those not yet started? what is your story?

I know 1 guy 80s oledi own 10 with vely low gearing. Tis guy beats any guru anytime.

Why? Your age and how many u own?

i am from the 70s. bought 3 my own hard earned money, few more under my name but not bought by myself. 2 wife got 2.

not from rich family. conservative investment.

believe that when the 80s babies enter the market, there will be a property boom in malaysia. when do u think it will come.

this is part of the reason why i started this topic.

This post has been edited by GangHo: Jun 13 2018, 10:46 PM

Mid - late 20s. 1 klcc, dpc and Usj condo.

Already pening.

I think its not a good idea to become overgeared in this market.

I have 1 property. Just a mid/low cost apartment.

Is it normal for everyone to have gotten their property?

90’s 1 in sg besi 1 in pj . 80’s is very old d they should have a house at least

Currently staying at hartamas with parents

Is there any wonder why the property market got so overheated.

I think the proper questoon to ask is. Who here hasnt bought a property.

You are right. Be comfortable, not regret.

The proper question is who here have bought a property and regret.

70's most have at least 2 props

80's at least 1

90's yes, with parents help on the down-payment I guess for some

Not all 90s need help from parents for down payment

with rumahwip/ppa1m/pr1ma/rumah selangorku all these affordable housing scheme project. surely everyone bought got at least a house under their name if they already working and got income.

and with the new government as per in the news, somehow like instruct bank to be more lenient to lower income group, i believe more people will be able to buy their own house rather than renting in the near future.

https://www.iproperty.com.my/guides/is-home...ible-for-gen-y/

https://kopiandproperty.com/2018/01/26/gen-...-should-be-yes/

articles about gen y and property

This post has been edited by GangHo: Jun 13 2018, 11:57 PM

agree, if all stop renting and start to purchase, effect to the market would be huge. another boom for the property.

Buying multiple properties between 2011 to 2014 was not difficult. the difficulty is sustaining loan repayment in rising bank interest rate and over supply.

Here comes iceman the Lowyat king of negative

no need own 10 lar... just own 1 factory enough.. 1 can beat 10.

This post has been edited by HELLO HELLO: Jun 14 2018, 02:25 AM

starts early seems to better option still , even failed, yes ,at least u burnt and u learn, or u earn then u have more bullets to burnt , property investment never a short cycle, and the cycle repeats until the day the investor offloaded all the props and calculate the balance, keep the cycle going guys

Not at all, just been practical and realistic.

Property is illiquid, cycle could be longer than most expected.

Property investment with bank loan is highly leveraged, failure could mean highly indebted even bankruptcy.

This post has been edited by icemanfx: Jun 14 2018, 08:44 AM

Prop play is for long term as well as preserving the value against inflation la. U won't keep 2 days wan. Its unlike fun minizer using opm to hoot market or gamble in contra play la or short here long there wan. There is no rocket science in prop play. It's discipline tat counts.

im at the end of 80s... properties bought after the bull-run... for own stay and for renting out also have... i think its okay for now until there's a superb deal again.... haha

You got two wives? Haha
So indirectly you're paying for a total of 7 props then

Still living in Shah Alam bro? Haha

And mind sharing where are the properties that you're renting out?

Perhaps you should ask 90s babies, I believe 80s should have at least one prop for own stay. I have 3 (one for own stay and 2 for investment), but all these still serving bank interests.

yeap... partner working nearby there... and for me travel to PJ subang for work is not much diff from cheras to PJ subang...

rentals subsales properties mostly... haha... around cheras ones... new ones too overpriced for renting... unless those with super strong public transportation factor but the bad thing about new condo is the competition factor... nowadays more investors compete in a project than the old days where alot buy for own stay....

late 80s

2 resi props & 1 commie prop ( SOXO product)

1 own stay, other 2 rented out .. not manage to cover the installment.. market price increase but no taker.. this is reality..

whether regret not.. yes maybe, as for now, wont touch any prop until 1 of it manage to sell..

Believe many of 80's who intended to buy, have bought with low entry cost. Until oversupply is consumed, another boom is unlikely.

This post has been edited by icemanfx: Jun 14 2018, 10:57 AM

yes... major attracted by those zero entry and DIBS ...

then only realize the pain when upon handover..

94's baby here. Waiting for developer to get their permit approved, then I can finally apply loan for my first double storey corner house.

Distance wise is more or less the same. But traffics wise is heaven and hell haha

For condo yeah. Landed also can't even think of it anymore no matter subsales or new

traffic is actually better from my place now to PJ... u know cheras jam geh la... havent able to make it the highway... already lost almost 30 mins of my time in cheras alone during peak hours... and also the jam closer to my office....

subsales low density condo... those well maintain ones not bad for renting... and its cheaper for the tenants too... usually long term tenants...

new condos... have to play with short tenure tenants to increase the rental yield... abit tedious...

Congrats! May I know where is the location and the price of your future house?

Late 70..3sold, 1stay, 1reno, 1 rent out, 1undercon

actually bull run creates a situation where ppl buy in and Sellers become advantageous , so it's smart to get in after BBB waves gone, 2 of my units undercon sapu during bull run i sold off during the Peak 2014-early 2015 , those gain creates greed mentality only makes me look for more props to buy in afterwards and i sunk back into undercon props again, hopefully VP later market change better la

This post has been edited by Looi90: Jun 14 2018, 12:07 PM

yes correct... but i only gt money to join after the bull-run... hence my play now is on rental while wait for the chance to re-sell... i dont believe in undercon because undercon cant play with the value... subsales can play with the bank value vs seller pricing... and can also get full loan also... no need force myself to rent out at above rm2000 for a 3 rooms unit...

80's babies already in. Even 90's also in. Property boom did happen.

Rent while sell is best, and subsale i just couldnt fork out 20+% even after markup coz all dump into undercon dy, the reason why i choose undercon is because i don't get myself to drowned by the house loan installment immediately and of coz I buy in based on value of surrounding existing project so when VP the chance of prop getting Buyer is higher, and can offload at profit , i only manage flip once during the peak, the feeling is awesome but it will makes u goes on and hantam other props, like addiction, so at last i did not do anything great to myself with the gain also

This post has been edited by Looi90: Jun 14 2018, 12:31 PM

How many have you hantam? Vp already?

33 yo
2 houses.... 1 rent out another waiting for op.

But after the bull run, all undercon prop sell future price.. Thats y recently majority VP property not gain much and suffer from rental market..

Best now is look for lelong prop if have bullet

Hello, the housing price is RM363k. I am living in Labuan. 2788sqft land size, but house built up is only 1070sqft. Can renovate to extend in the future.

3 units coming yet VP, 2018end, 2019 and 2021
sold 1 rented prop recently to fund my next purchase or mayb as back up bullet in case failed

90s got 1 VP prop, now hunting new one (prob bad timing)

1983, buy 1 300k property liao

oops. did not realise the typo mistake. i wanted to say my wife has got 2.

Any 90s babe here???

Ur subconscious is telling us ur secret😂😂😂

early 90s and almost drowning

90s oledi slowly entering the market. Foresee many ll flood the market after 2020 if pH is making a gd gov.

ya those friends who later than me like year92-95 already made their 1st or 2nd purchase , foreseen youngsters come in to join the fun so that we can offload to them at profit

yea... i und your point also... the house i staying now also from developer one... stagnant for quite sometime liao... if sell at cost... have to rugi interest... haha...

i dont like to pay progressive interest... and i wanna rent out after i got the house... usually i start sourcing for tenant before the whole transaction completed...hence why play subsales... but very tedious also... cuz subsales have alot of options...

2 props here..
so your facts is arguable

Wrong liao boss. Its more like new blood flood market to sustain the psf but not taking over any prop.

Newbies ll most likely aim for new props with low entry. But pray harder they dun trapped by gurus gurus yg disayangi ramai.

Offloading is not the onli way to make profit. With a proper game plan u can make it big with rental income too. Stability of rental income over the past maybe 10 or 20 yrs ll invite bankers to queue for ur loan application. Loan approval is not entirely based on salary alone.

agreed on the loan part... rental income can help grow your property portfolio... I rmb one lady... monthly income 6k only... but she owned more than 10 properties... most of it able to rent out to cover her installment.... ini macam baru boleh macam giggs gor... satu tumbuk 10 biji....

https://www.dosm.gov.my/v1/index.php?r=colu...mdhMjFMMWcyZz09

with m40 and below household income at 53.8%, one household having rm6502 can purchase one 700k property or squeeze 2nos. thats about all.

the actual situation seems to be better.

between B40 AND M40, and having B40 at 16.4%. pluck from the sky, 30% of household cant afford a house and potential future buyers if income increases.

any closer number with good support?

Boss I'm not the lard lvl by hooting 10 (even thou the spa signed r all fake for marketing gimmick) at 1 time. Tats a total cowdung.

I usually buy 1 or 2 at a time n I dun do it every yr wan. But I did break the rules by hooting few times in a single yr la. Tat was when u realised tat left right center up down front back east south west north oso got dead chic 😜😜😜

u can do this on maju KL project... take loan 3 years later.... sign 10 SPA after pay booking... and cancel before u want apply for loan....

I blif tis statistic is based on purchase of new props with slightly more accurate psf or absolute price as recorded on book since subsales prices r vary even thou few units along the same street.

In a way for subsales, owner onli need 1 genuine offer to close the case. Dun need 33m of malai population to sell 1 unit 😅😅😅

Anw to to b fair, not all the time every1 has the 1 genuine of the buyer comes across at the ngam timing

时间和人物地点

https://youtu.be/yGpHgLbXgM8

Lai take a break. Enjoy the song first.

I think the biggest sifu here is giggs. Duno can learn what from him. 😅😅😅

Wah... very low gearing but 10 props means all solid cash?

Boss I tok kok nia. Soli soli. I shall instead go for a noon nap

No la. He bot vely young b4 the 2009 boom. Mostly like 400k 500k in pj dj du.

No la, i think u know the most 1.

If u read this thread, u will get the impression like everyone 80s and even 90s have at least 2 or 3 props but this is a property forum, so naturally the answers are all very skewed.

late 80's.
2 properties already~

Wah... 10 props bought before 2009? Home run liao....

Yup jinjia home run. Tats y I changed my avatar recently for tis tered.

I wanna hoot 10 kononnya 🙏🙏🙏

This post has been edited by ManutdGiggs: Jun 14 2018, 03:06 PM

Wait pai gor 23 biji sebelum umur 3 keping???

Hoot 10 props very good...dun hoot bro's wife yeah..😬

10 北姑

Ha ha

yeap... and LYN represent maybe less than 10% of the property buyers in the market.. or even population.... lol....

since all sifu gather here, wanna seek opinion.

brief profile of me : -
1. work at hometown, decent salary + career
2. bought a house , rent out, negative cash flow -RM300. location quite good so should have no problem renting out again in future.

now got a lil bit of extra cash, wanna invest in kl , dunno wanna buy subsale or auction.

or buy at hometown another house, to kahwin n stay ? already almost 30 years old.

sifu pls guide. budget property is rm500k below

Less than 0.5% in buyers sellers. Less than 0.1% of total props in malai.

Personally I hav an old timer rule, buy sthg tat u can see or touch. Soli ya old fark vely kiasi wan.

hmm means what ah ? buy something nearby that u can personally manage ah?

but my hometown here, the property hardly appericate 1 leh, rental can la but also negative cashflow 1.

cant untung berlipat ganda like in kl

I doubt even 0.1%... ha ha

Er...did I hear see and touch? No wonder you want 10 la...

Meaning u can move to kl if u r offered a job here n buy in kl

I'm so gonna regret during the particular moment of paying the installment, but kinda thankful for other day for having a proper own property to stay in.

By the way I'm late 80 just started to work not long ago and just started to buy a property~ still having ptptn loan and car loan somemore. heavily debt but as long as proper financial planning/management should be alright.

Tiny difference is a huge difference for that man hahaha

What to do. Can get out from Cheras within 30 minutes also grateful ady. Raya week is the best for KL haha

Do you have any condo or any high rise, let's say that unit has 3 bedrooms, and only one tenant taking up one room only. Would you rent the whole unit to the tenant then the tenant to rent out oneself with the price as one wishes or just the room alone?

Fuhh now upgrade to become ipman liao

Mostly in KV ke?

U mean the person who owns 10???

Yaya all in kv except 1 in other land.

You lah taiko

Wah u look me so up. I where got 10 ar. Terbalik 01 got la

dont ddy haha. add one more zero to 100 got lah

Wah, you guys are so good!

90s here, only got 1 so far undercon, most probably renting it out 😭😭

Hopefully I can get another one in Putrajaya in a few years, would be great to have one retirement home there!

how about type of property?

we used to favor landed property especially the link house. i believe the 80s and 90s are slowly shifting to condo and service apartment.

how about you?

Fr conventional landed to stratified landed

What makes you think Putrajaya is a good place to retire in

it rekindles me when u quote the earlier comments on Putrajaya. i am kind of support the idea of having Putrajaya as retirement home.

Putrajaya is designed using modern city planning. it has got huge and beatiful lakes, well built roads and bridges, and beautiful landscape and gardens. many people take their wedding photos in Putrajaya. conclusion, it can be a nice place to live. and it feels like suburb to me. strangely, i do not know what sort of place the previous government intends the place to be like. a lay back govermment administrative city?

location wise, it is also strategic to be retirement place as it is distance from the busy kl, surrounded by other cowboy towns like nilai and seremban and closer to melaka.

however, i unserstand that it could be quite jam.

and who knows what lies in the future? it should get better transport linkage and busier and quit becoming an ideal retirement place.

and again the 80s and 90s especially thinks differently.

This post has been edited by GangHo: Jun 14 2018, 11:31 PM