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 Regretted investment

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blek
post Jul 1 2020, 09:58 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...
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Not condo price depreciate, it's you bought highly mark up condo thinking of flip it up higher. Developer Con you
blek
post Jul 1 2020, 07:43 PM

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QUOTE(JimbeamofNRT @ Jul 1 2020, 06:16 PM)
how much u profit from selling your studio @ epic residence?

now hovering around rm330K
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seriously studio unit for that place 330K?
that place is so desert with few row of shoplot and indusrty lot at the back.
thats the place where foreigner hangout
blek
post Jul 1 2020, 07:50 PM

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QUOTE(blanket84 @ Jul 1 2020, 06:34 PM)
From the landed house thread TS posted, he has the habit of buying property in unfavourable locations at inflated price.

But since he can afford to pay the installment then it shouldn't be any problem. In 20 years time those unfavourable locations could turn into a proper city.
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by then ts might be able to profit a little but take 20yerars period which if he invest the fund to others pace might gain better profit.
blek
post Jul 1 2020, 08:07 PM

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QUOTE(JimbeamofNRT @ Jul 1 2020, 06:55 PM)
if follow Liamness advice sure can get rm2K rental one!!!!

nevermind the fact rental drop from rm1.1K in 2017 to rm950 now

https://forum.lowyat.net/index.php?showtopic=4350855&hl=
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seriously all those pro flipper already give clear and best analysis and advice but ts over confident.
blek
post Jul 1 2020, 08:40 PM

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QUOTE(Juan86 @ Jul 1 2020, 08:31 PM)
house investment if you take loan from bank

its bank earning
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bank is and always been doing sure win business.
you buy or sell they also earn profit from the same property over and over again.
blek
post Jul 1 2020, 08:43 PM

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QUOTE(Kelapa Sawit @ Jul 1 2020, 08:33 PM)
Ayam believe.

I'm facing the same. Mine drop by almost 100k from my purchase price. And this the price where people will only started to look at.

Yours tenant-able? If yes, kasih sewa keluar dulu.
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not only you but they are a lot ppl like you in this property trap. just some got holding power to the unit or rent it out
blek
post Jul 2 2020, 09:49 AM

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QUOTE(MEngineer @ Jul 2 2020, 06:10 AM)
Must pay attention to the size of the house.
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How much is bk5 now ar?
blek
post Jul 3 2020, 04:55 PM

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QUOTE(smokey @ Jul 3 2020, 03:50 PM)
600k ish
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The price still maintaining. But unit lot too small. Not ideal.
I remember kinrara residence launch time start from 800k

 

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