Here comes iceman the Lowyat king of negative

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

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.

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

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.

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...

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

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....?

her sos below reliable ka?

15% senior citizen considered as ageing nation already? what kind of benchmark is this... still got 85% not gonna be spending on property or big ticket items ke? how about those that born after year 2014?

U know d quote about lies and statistics... Only well trained ppl should interpret statistics. Malaysia is most definitely NOT  an aged nation.

this is an era of BIG DATA, 大数据 where our handphone knows more than we think we know ourselves. The data is real time, actual quantities and after cleaning away the noise, the computer can really analyse and predict how the whole population and individual would react.

we are way far behind in terms of BIG DATA. it is blessing in disguise because it also means giving away our privacy.

and sadly, we are talking about statistic that has no real application to individual, data that are arguable, and useless for the people in large.

We undoubtedly hv a young population needing houses. But, they r generally poor. So, we must match these people with credit. Even d ones in non traditional, shadow economy jobs...

Then, another boom will occur...

Same query from me, usually subsale buyer they have much more better holding power as price of property stagnant for secondary market whilst primary market pricing keep rising.

Malaysia is not US, aunty. Subprime is a word that has different meanings here and in US. Some ppl whom u think r poor here, r actually far from poor...

interest is deductible when declaring rental income.
link for the source please.

Haha, yr brain is still stuck. Lemme tell u, if I believe all those "facts and figures and lipots" my bankers regularly feed me, I'ld b a poorer man now...

yeah... like what i mentioned before... a office working lady... income 5k per month only... but already having 10 properties under her name over the 5 years... 8 properties have to be bought using 70% LTV only... imagine how much cash she have from her investments....

Toking bout gov sector, immigration dept has plenty of front liners making ten of thousands just by giving a helping hand to agents.

All deal in cash term. No record. But in statistic they r not highly paid.

Correct!
That's exactly wat I mean when I say, here, looks can b deceiving...

herd mentality is applicable for both ends of the scenario... when booming... everyone follow and go into investment blindly... when the herd now say crashing... all also nod yes yes crashing... never really look at own needs and the opportunities arises....

If statistic is 101% u won't c LHDN visiting around. 😉