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Regretted investment
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SUShioniq
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Jul 1 2020, 08:55 AM, updated 6y ago
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Getting Started

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Bought new condo in puchong with 5% rebate, served loan 5 years average 2k / M plus maintenance. Now bad timing so wanna sell but the condo price depreciated. Damn, now already told some agents help to sell with loss, but till date no buyer at all and many units waiting for sell too... Habislah I...
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Marcion
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Jul 1 2020, 09:00 AM
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Getting Started

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Siapa suruh pergi invest condo, invest bangolo, double or semi double house better depending on rigth place.
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terradrive
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Jul 1 2020, 09:00 AM
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what kind of chicken stall only 120k loan?
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Aftermaths
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Jul 1 2020, 09:01 AM
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SUSwilsonjay
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Jul 1 2020, 09:01 AM
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the mistake is not buying the condo
the mistake is buying the condo in PUCHONG
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ZeaXG
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Jul 1 2020, 09:02 AM
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Haha die la u property flipper
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SUShioniq
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Jul 1 2020, 09:03 AM
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Getting Started

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I do the calculation, owe bank 340k, if manage to sell I can get back arnd 310k means I hv to top up another 30k to fully settle the loan. If add in the 5 years installment I think lost 100k
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novblaze
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Jul 1 2020, 09:03 AM
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Fake cerita.
TS must be those not working staying in basement type but act like as if able to bought a house.
I belib ts don't even have credit card
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waghyu
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Jul 1 2020, 09:04 AM
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QUOTE(hioniq @ Jul 1 2020, 08:55 AM) Bought new condo in puchong with 5% rebate, served loan 5 years average 2k / M plus maintenance. Now bad timing so wanna sell but the condo price depreciated. Damn, now already told some agents help to sell with loss, but till date no buyer at all and many units waiting for sell too... Habislah I... Half price cut losses.
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Zer0 c00L
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Jul 1 2020, 09:05 AM
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stay strong bro, stay strong.
Wonda coffeee.........
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victorian
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Jul 1 2020, 09:06 AM
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Rent it out, as long as the rental can cover loan interest+maintenance fee you can break even.
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ihm11
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Jul 1 2020, 09:08 AM
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Getting Started

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can afford to hold keep lah
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eden the boss
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Jul 1 2020, 09:09 AM
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New Member
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hi,
where is the location. pm me
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phalanxx
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Jul 1 2020, 09:11 AM
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Getting Started

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keep lah. u got retrenched meh
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Maria Takagi
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Jul 1 2020, 09:14 AM
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QUOTE(hioniq @ Jul 1 2020, 08:55 AM) Bought new condo in puchong with 5% rebate, served loan 5 years average 2k / M plus maintenance. Now bad timing so wanna sell but the condo price depreciated. Damn, now already told some agents help to sell with loss, but till date no buyer at all and many units waiting for sell too... Habislah I... want to know how not to regret this investment ? rent in out for another 15 years Don't worry after that you will get your money back
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Boom Mortar
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Jul 1 2020, 09:16 AM
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Getting Started

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Ok la,ayam bid rm500
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SUShioniq
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Jul 1 2020, 09:17 AM
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Getting Started

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Believe or not up to you, is true story. Every year I have to pay cukai taksiran and fire insurance too. The first 5 years installment all gone into interest - average 1k interest per month so the principal not moving. So I already paid 60k interest to bank and now the condo has to sell at loss. I wanna release it so can have peace of mind at least less burden
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SUSifourtos
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Jul 1 2020, 09:17 AM
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QUOTE(victorian @ Jul 1 2020, 09:06 AM) Rent it out, as long as the rental can cover loan interest+maintenance fee you can break even. short sighted all rented owner think future market and country is stable for 30 years to break even their property investment like what most sheep doing.
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DukeHyou
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Jul 1 2020, 09:17 AM
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Getting Started

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in another 10 20 years no youth will be able to buy condo anymore. it will become a renters market. stay strong TS, hold for another 15 years you will suddenly ++net worth overnight.
unless more lands are opened for condo/residency la.. which will definitely happen. Just look at our empty landmass in malaysia lol
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smallcrab
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Jul 1 2020, 09:17 AM
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Getting Started

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Padan mukak flipper
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