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 Regretted investment

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zeist
post Jul 1 2020, 11:46 AM

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My office colleagues 8/10 all live in high rise

Absolutely not worth buying

Landed property is always the best option. So worry about safety, go for gated and guarded
klein
post Jul 1 2020, 11:47 AM

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Only peasants buy and stay condos

This post has been edited by klein: Jul 1 2020, 11:47 AM
SUSifourtos
post Jul 1 2020, 11:48 AM

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QUOTE(victorian @ Jul 1 2020, 09:19 AM)
So do you suggest TS to sell and cut the loss now ?

At least by renting you can hold longer instead of it becoming a liability
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entering property market like sheep is already a wrong move.

Cut loss now is better than total lost.


Hold longer?

2nd Hand/ 3rd Hand Property, you heard before?
decentralized urban planning, you heard before?
not future proof property, you heard before?


EVEN if everyday is a good day for continuously 30 YEARS.
you got super good tenant who take good care of your unit + pay good rental.
what make you so sure you got life to see it? even after 30 years?




real short-sighted people always planing fantasy long-term plan, and wait for disastrous outcome.
usop8290
post Jul 1 2020, 11:49 AM

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better buy townhouse. you got the landed feel at a lower price.
TrustULoveU
post Jul 1 2020, 11:50 AM

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for own stay or invest
Stusssy
post Jul 1 2020, 12:24 PM

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never provide details like price how we all give advise?

shadow_walker
post Jul 1 2020, 12:29 PM

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I really dont understand "property investor" who bough condo in puchong semenyih nilai....WTF...WHAT THE FUCKING FACK MANGGG..topkek
SUSAud power
post Jul 1 2020, 12:31 PM

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All the prop owners every night calculate their networth based on their props valuation, must sure be going crazy thinking about price dropping

Time to die hehe
SUSAud power
post Jul 1 2020, 12:34 PM

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QUOTE(icehart85 @ Jul 1 2020, 11:08 AM)
not just isolated case, quite a lot of properties completed in the last 5 years got such issue
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I smell so many pipul blood
Keep it coming 2021
SUSAud power
post Jul 1 2020, 12:35 PM

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QUOTE(cavaliars @ Jul 1 2020, 11:42 AM)
banglo or semi d also sometimes not very good. right place as well...

I have a friend who owns a banglo, till date cannot sell...
Market value 2.6m...a dato offer him only 1.6m.
reason the house is outdated design. He only want the land and location.
In Jalan Gasing.
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I will use this reason next time, its good
Say i will remove all the condo interior because its low keres and replace it with victorian interior, so diskount 25%
Phoenix_KL
post Jul 1 2020, 12:35 PM

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stay inside. No problem.
kidmad
post Jul 1 2020, 12:36 PM

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QUOTE(hioniq @ Jul 1 2020, 09:17 AM)
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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Dude the house has been laying isle for 5 years? No rent out?
SUShioniq
post Jul 1 2020, 02:21 PM

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Some are right, developer still got many units unsold. Is bad luck as that time I in many projects always fully sold out on the 1st day launch and some even hv to ballot. So I was quite happy that time able to secure one unit. Mana tau just right after that property market downtrend and overhang everywhere. Let s pray got someone takeover my condo, I already admitted sure loss on this one and just dump it to reduce the stress
SUShioniq
post Jul 1 2020, 02:26 PM

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I hope pn can launch hoc2020 for subsale, offer same packages lar. Help us small citizens, why only help developers who are already superb rich. That s why gov never take care of people, only take care of tycoon
Hollow21
post Jul 1 2020, 02:40 PM

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QUOTE(hioniq @ Jul 1 2020, 02:21 PM)
Some are right, developer still got many units unsold. Is bad luck as that time I in many projects always fully sold out on the 1st day launch and some even hv to ballot. So I was quite happy that time able to secure one unit. Mana tau just right after that property market downtrend and overhang everywhere. Let s pray got someone takeover my condo, I already admitted sure loss on this one and just dump it to reduce the stress
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Developer SOP la....even today in this market some still say many units sold out. Really con job.

But the most con job is marketing high rise condo as high keras living.


blanket84
post Jul 1 2020, 03:00 PM

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QUOTE(hioniq @ Jul 1 2020, 02:21 PM)
Some are right, developer still got many units unsold. Is bad luck as that time I in many projects always fully sold out on the 1st day launch and some even hv to ballot. So I was quite happy that time able to secure one unit. Mana tau just right after that property market downtrend and overhang everywhere. Let s pray got someone takeover my condo, I already admitted sure loss on this one and just dump it to reduce the stress
*
1st day always sold out la. Later slowly get "loan rejected" unit. Sometimes up to 80% of the total units become "loan rejected" units.
SUSMNet
post Jul 1 2020, 03:23 PM

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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...
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what condo name?
SUSMicozole
post Jul 1 2020, 03:23 PM

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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...
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condo? good luck mang!

if want invest always go for landed

but that's for me la...
archonixm
post Jul 1 2020, 03:27 PM

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Landed will hold its value..at least, if not appreciate..condo

good buy my friend
moodswingfella
post Jul 1 2020, 03:36 PM

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Consider to rent it ts? Tell place and price lah. U patut cukurr got own property unlike some ppl mau apply loan pun kena reject.

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