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 80s babies, have they started buying property?

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AskarPerang
post Jun 13 2018, 11:49 PM

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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.
AskarPerang
post Jun 19 2018, 11:24 PM

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QUOTE(GangHo @ Jun 19 2018, 11:04 PM)
i gather from this tread that there is those from late 80s and beginning of 90s bought their 1st house.

i believe this is the age most people buy their 1st house, at the age of 26 to 29 yo.

if we consider only those bought by our own, that means as we come out to work at the age of 19yo form5 school leavers, 21yo those graduated from college and 24yo, those graduated from local u. as they start to enter society, they start to save for the purchase. and for most people, they start to buy 1st house at the edge of 26 to 29yo, correct or not?

how about you? what age you bought your first.
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Yeah basically the assumption is true.
Another thing is they will buy a car first before house for own stay.
And yet to start a family, probably getting married first before buying house for own stay.

Better discussion will be looking at the population growth.
Will the incoming supply too many in the market today VS the population?
Or our population growth is high and the supply not able to cater for the incoming demand?
AskarPerang
post Jun 22 2018, 03:16 PM

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A quick search in lelong for newly completed unit that head straight into auction market.
Can see that majority owner got burnt from newly completed property gang is from the late 80s.

Here few example:


Silk Sky, owner born year 1984:
https://www.ngchanmau.com/pos/4188/pos_en?v=1529650908
» Click to show Spoiler - click again to hide... «



Lakepark Residence, owner born year 1986:
https://www.ngchanmau.com/pos/4095/pos_en?v=1529651050
» Click to show Spoiler - click again to hide... «



BTP 5, Acacia Park, owner born year 1989 & 1991:
https://www.ngchanmau.com/pos/4014/pos_en?v=1529651084
» Click to show Spoiler - click again to hide... «



M Residence 2, owner born year 1986 & 1989:
https://www.ngchanmau.com/pos/3939/pos_en?v=1529650797
» Click to show Spoiler - click again to hide... «

AskarPerang
post Jun 22 2018, 03:55 PM

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QUOTE(myroy @ Jun 22 2018, 03:53 PM)
For auction we must using cash?

sorry new here
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10% cash. rest can take bank loan if able to get bank loan.
AskarPerang
post Jun 22 2018, 05:36 PM

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QUOTE(mokkf82 @ Jun 22 2018, 03:53 PM)
I think most that born on 80s already started their property buying. Some with more than 1 property.
But I do have question to those after 90s, property price are like sky high. With the currently salary of fresh grad. How they going to save money in less than 5 years to be able to get their own property? Sorry it's out of topic. But just curious
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Ada rumah mampu milik like rumahwip, ppa1m, pr1ma, rumah selangorku. And the new government yet to announce their 1 million units of affordable housing units.

So yeah still no problem for them to own a house. Unless they are picky. Want landed house la. Want low dense la. Want nice facilities la. Want infinity pool. Want big size unit. Like that really no choice lo.
AskarPerang
post Jul 3 2018, 11:49 AM

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QUOTE(anz87 @ Jul 3 2018, 10:39 AM)
2012 i bought undercon apartment = rm150k
2014 VP manage to flip at  rm310k'
i just do my exemption on my rpgt so net  gains i got rm150k
100% ROI in 2years
at my 27 years old rclxm9.gif
at 30 years with 5 properties in hand,
that cash rm150k still i dont touch, i keep in my ASB and Tabung Haji
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I find it hard to belive a 150k apartment in 2012 able to sell at double the price in 2014? This apartment is located at?
AskarPerang
post Aug 21 2018, 07:47 PM

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For the record, lelong defaulters at least 50% will be 80s babies at the moment for newly completed project. so this thread can be thrown out the window.
AskarPerang
post Aug 23 2018, 06:22 AM

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QUOTE(victorian @ Aug 22 2018, 10:55 PM)
Rumawip is 300k for 850 sqft but at this price wouldn’t it better to buy a ready to stay subsale 1000+ sqft for 400k+? At least you don’t have to pay progressive interest and less restriction. Not to mention most of the rumawip are on less desirable lands which explains for the price.
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Rumahwip on less desirable land? You sure?
I would say most rumahwip at prime location. Nearby to LRT/MRT which is convenience and what the afforable home owners need. No need own a car but take public transport instead.

Sentulmas
Wangsamas
Enesta kepong
Lily apartment

Just to name a few.
AskarPerang
post Sep 2 2018, 12:00 AM

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QUOTE(leodinouknow @ Sep 1 2018, 11:41 PM)
yameh? i thinking cyberjaya potential wo... mahathir favourite wawasan 2020 biggrin.gif if saw any good price i plan take there. maybe look and compare at lelong
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No taker once again. Crazy cheap yet nobody interested? rclxub.gif
New price as below:

B-01-06, Ceria Condominium, Persiaran Sepang Cyber 10, 63000 Cyberjaya
Reserve price 🔥🔥RM 332,100🔥🔥
Freehold
1195sqft (dual key unit)
Auction: Sep 18

» Click to show Spoiler - click again to hide... «




No taker again the cheap unit. How low can this go???
From S&P price of almost 600k now at below 50% price also nobody interested?

C-01-01, Block C, Sawtelle Suites, Jalan Cyber Heights, Cyber Heights Villa
Reserve price 🔥🔥RM 262,440🔥🔥
Freehold
753 sqft (duplex, end lot unit)
Auction: Sep 18

» Click to show Spoiler - click again to hide... «


 

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