Investment Property Investment in KL, Any good property investment KL
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 Apr 16 2019, 10:18 PM
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#1
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Junior Member
960 posts Joined: Mar 2018  
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I wish to know as well. It’s like asking Coca-Cola what is their secret syrup made out of. If they are willing to share, the whole LYN property talk forummers are millionaires
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Apr 17 2019, 10:03 AM
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#2
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Junior Member
960 posts Joined: Mar 2018
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QUOTE(Fat3Twister @ Apr 17 2019, 09:00 AM) rental cover mortgage not hard to find, but how to know whether can make 30% CA in 5 years? who can guarantee u that? I bought a developer-reserved unit for the Zest@Kinrara back in 2010 at 350k. Rental, just enough to cover mortgage, not sinking funds. CA in 9 years from 2010-2019, definitely power, the only thing is, it's a buyer's market now LOL. |
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Apr 17 2019, 10:56 AM
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#3
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Junior Member
960 posts Joined: Mar 2018
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QUOTE(icemanfx @ Apr 17 2019, 10:29 AM) 30% gain in 5 years is 5.5% p.a compounded. After deducting loan interest, is 30% gain worth while? This is exceptionally true. Especially when said investment is not just mere thousands. I have never bought a property for the purpose of selling the property. I have only owned 3 properties thus far (most recent acquisition is a double storey terrace after staying in condo for the last 7 years and a 15 acre land which I grow palm oil trees which I bought 8 years ago - opposite of OSK Iringan Bayu). Hard work beats sitting down, praying, and guessing developers' next move |
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