a lot of KL people brought Seremban landed house for investment, but mostly vacant even after VP for few years.
it wont collapse as long as people still BBB.
Too many empty property after build up, will property market collapse?
Too many empty property after build up, will property market collapse?
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Aug 9 2018, 02:41 PM
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#1
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a lot of KL people brought Seremban landed house for investment, but mostly vacant even after VP for few years.
it wont collapse as long as people still BBB. |
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Aug 9 2018, 09:03 PM
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#2
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QUOTE(DesRed @ Aug 9 2018, 03:10 PM) Huh? Are they buying them as their retirement homes? for investment,i think they plan to sell after few years.Can't imagine Seremban becoming some old-folks town 10 - 20 years down the road if that is the reason. alot is KL buyer, but just leave it empty and didn't plan to stay there at all. |
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Aug 9 2018, 09:14 PM
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#3
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QUOTE(silenkill @ Aug 9 2018, 05:18 PM) I do hope so everything will be fine. for example the house unit below me (5 years old vp-ed condo), they just leave the house vacant.... As every time i pass by those condo/apartment. like already there for 5years it still seem not fully occupied yet (50% in dark ). cause just drive by....jus assuming. Maybe there is some people going green, save energy going in dark. if there is people living in condo/apartments like that can share a bit? Is is they just like living in the dark or just empty unit? or maybe some other reason. he is working at australia, earn a lot, so doesn't mind to just leave it there. dont want to sell also. |
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Aug 10 2018, 09:48 AM
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#4
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QUOTE(daimGeno @ Aug 10 2018, 09:14 AM) palmyra residence.. 440k + your condo surrounded by shoplot eh, the center of town, what you regret for?im actualy looking place for investment but i have doubt bangi is a good place to invest.. last time buying without thinking just found out my friend bought kl traders gombak around that price also rental yield? workmanship? capital appreciation? |
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Aug 10 2018, 01:59 PM
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#5
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QUOTE(DesRed @ Aug 10 2018, 11:25 AM) Hmm... interesting. I'm surprised that Seremban folks didn't complain about their houses being bought up by the KLlites. few of my colleague are from seremban , they are okay to travel 45min to work in cyberjaya (IT folk).Come to think of it, I remember there is a Matrix Concepts booth at the MidValley iproperty expo earlier this year and their staff approached us to promote some GnG at Nilai or Seremban, saying its 30km - 40km away from the city and its a tolerable travelling distance. Turned it down on the spot as I'm not willing to live that far away from the city. it surprise me coz it only took 45min (30-40km) while i stay puchong need 30min to cyber although it near but very jam. for me , seremban will never be my consideration. |
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Aug 10 2018, 02:02 PM
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#6
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QUOTE(JonathanIB @ Aug 10 2018, 12:27 PM) If i may allow to add in, avoid Bukit Jalil (especially Pavillion area), Cheras as well... too many project cramp in pavillion bukit jalil seem to be very promising, the road already completed with easy access to everywhere.cheras velocity also trending. if i understand correctly, you mean to avoid those "ONG" and "HotSpot"? lol |
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Aug 10 2018, 02:05 PM
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#7
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Aug 10 2018, 04:15 PM
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#8
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QUOTE(JonathanIB @ Aug 10 2018, 03:51 PM) As this topic is about empty property... the chances of alot empty property in this region is HIGH as Pavillion Bkt Jalil definitely wont be like Pavillion KL. It cant attract the crowd a in KL. Somemore if u check the project in surrounding Pavillion Bkt Jalil, u will be amazed how many units going to come in coming years... thats where the empty property started... okay, i get what you mean now.but if a location mature and strategic like bukit jalil also not ong, it really something wrong on the property market d. |
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Aug 11 2018, 06:09 PM
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#9
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QUOTE(jo8981 @ Aug 11 2018, 12:54 PM) I second this...we shall see how the rental market of these premium condos turn out when they VP. Pretty certain the rental income will not be able to cover the owners' installment. Rental can cover loan interest is good enough d, alot of investor actually dont care to folk out abit more $ every month. |
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Aug 12 2018, 02:16 PM
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#10
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QUOTE(mangoproperty @ Aug 11 2018, 02:32 PM) I look at bukit jalil Map, seems like there’s a lot of land for development. That will be the supply side of it? How about the demand side ? ya lor, u see the area near muhibab LRT (The COMO, Vista Platinum) , Pavilion 2 (Service apartment), the opposite land of pavilion 2 (damn huge area).really have to see how those are perform 1st before invest our hard earn $. |
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Aug 12 2018, 02:18 PM
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#11
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QUOTE(Quang1819 @ Aug 12 2018, 01:02 AM) I know one architect owns few condos in SJ and Kl for Airbnb, all always fully booked or at least 23/30. Like this one confirm can cover loan + maintenance, really damn syiok he hire a property manager to manage his AirBnb right?for regular owner, we prefer to have 1 years agreement for long tenure tanent, hassle free as only need to handle 1 client. |
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Aug 12 2018, 02:42 PM
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#12
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QUOTE(Quang1819 @ Aug 12 2018, 02:39 PM) Nope fully managed by himself and his wife. wa... headache la if manage airBnb by theirself.True lah. But if one can do the way he does it actually earns more than renting monthly. I think he does it as a hobby also lol, cause that fella got almost 10 properties for Airbnb need plan key handover, key return, check in check out, cleaning, maintenance, replace supplyement. |
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Aug 13 2018, 10:07 AM
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#13
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Aug 13 2018, 11:13 AM
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#14
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Aug 13 2018, 11:15 AM
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#15
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Aug 13 2018, 11:17 AM
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#16
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QUOTE(DesRed @ Aug 13 2018, 10:56 AM) I believe this auto-drive technology will need some time to mature before there is no need for a human driver behind the wheel. There have been a few cases reported in BBC where accidents and fatalities do occur even with this technology embedded in vehicles. need time to get mature for sure, else uber,wolkwegan, geely, tesla won't invest so many money.it is our way to go like that "i-robot" movie now. |
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Aug 13 2018, 01:30 PM
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#17
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Aug 13 2018, 01:42 PM
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#18
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QUOTE(DesRed @ Aug 13 2018, 12:31 PM) Would love to see this happen, especially when driving long distance out of KL. Depend personal preference actually, for the case of seremban people, since their parent and relative are all there, they okay to stay seremban and travel to kl/selangor daily.But still, have to factor in the petrol consumption when driving long distances to work, especially from Seremban all the way to PJ/Subang or even into KL city itself. And not to mention that after a few years, for sure they'll get irritated at waking up so early to go to work and coming home really late at night. Not only them, but also punk ah beng car drivers who drive really fast and cut into lanes on short notice. Our drivers' attitude leave a lot to be desired compared to other countries... But even in the developed countries like the US and UK, accidents and road fatalities still occur with these 'autopilot' vehicles. Don't need to figure out the outcome once this system is rolled out in Malaysia. |
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Aug 13 2018, 01:43 PM
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#19
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Aug 13 2018, 05:02 PM
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#20
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QUOTE(DesRed @ Aug 13 2018, 02:45 PM) Can that be considered as a bungalow? ya wor, even developer featured and sell it as Bangalore.I thought that's more of a single-storey detached house. Always thought that a bungalow have to be around 2 or 3 stories or more. the field is quite big la, can fit 3-4 cars. |
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