QUOTE(HELLO HELLO @ Jul 7 2018, 01:53 PM)
Now the property market situation Ini Macam, property macam under rm400k sale is very good and ok. 500k or above very not so ok and quite slow. But props above 1mil above start very quite ok.
Manyak can buy 1mil above, very no care about burn hand. The only problem they have... is the money burn too slow or not fast enough.
Ini Macam could be also can reflect the poor and rich gap in malaisiao now.
So die die want invest. Better buy below 500k or best below 400k.
If want try Lagi high risk high return. Can go for 1mil above props. Better pray pray your investment can tahan till get one of the Richy buy from you and hit jackpot.... Before your pocket pecah jialat.
Anything between above 500k to 999k better put aside and think 3times before buy. Later cannot sell and stuck there Kao kao lat.
Honestly, i've stopped going property shopping(locally) about 3 years already now. Prop now isnt really worth the time or effort for investment vs what the market was like. Im gonna stay still and be good boy, when i service off at least 80% of my current properties loans then i'll reconsider. Ill just have to be content with whatever income i get from what i own now, overall its lesser than what it used to be.
Last one i purchased was in Bangkok, and its actually one of my top performer, i've been eyeing on a project Pattaya which looks yummy, and more excuse for me to go there
For those looking to invest, if Malaysian market seems exhausted and saturated to you, keep an eye out for foreign properties, do your research and learn more, they are not as expensive as it seems and not as troublesome as they may sound and you may have more financing options than you think. My current portfolio covers Indo(this one troublesome due to ownership law and complex acquisition method but rather lucrative played correctly), Thai, Aus and Tokyo.
Safest investment with long term returns would be Tokyo, those 30-40sqm investment properties, many offering 4-5% GRR up to 35-40 years. Again, hit and miss thing, be wise with which developer you buy, some discriminate prices domestically and foreign buyers.