Just asking some opinion from the larger community of kopitiam whether to buy house or buy reit, as I think that post covid will be bull year for property.

My fengshui master advised that I should buy a house to retain my passive income, but I felt bothered of too much hidden costs and considerations by owning a house (stamp duty, reno fee, security fee, low rental yield, etc). If buying reit will consider a better alternative?

Let discuss openly.

For own stay or investment?

Property isn't the way to getting rich anymore.

Investment. Hence prefer higher rental yield area.

Since your fangsui master already told you.............all in.

Is this investment or live in? You cannot live in a REIT.

Haha for investment. I wish to.

If investment than reit no brainer. But need to see the reit portfolio.

Totally different perspective. REITs are geared towards commercial properties while houses are more for private stay.

But if I need to choose for investments purpose, I will get landed since some are sold way below market price. But not easy, the rich is also accumulating.

WFH will stay changing the dynamic of commercial property.

property bull run may not come

opt for retail reit

Ok....i find for investment, it is easier to go into REITs rather than physical props.
Less headache and the yields are pretty good. Renting props in Msia is a big headache especially with bad tenants, which are plentiful.

But then i am 60 years old. So REITs is a very good passive income earner for me with all those hassle of prop renting.

to me both.

Buy Bitcoin

wear and tear, upkeep from the property is too much especially if you own few units..

better park in shares or reit and earn the dividend. Yes subject to fluctuation..

Looking at IGBREIT might be low enough ... if revenue is improving the it is the good buy.. but not sure about competition from new shopping mall.


Probably factory reit ? is the better choice ?

Ur fengshui master is a fraud

reits.

can close tered.

Yes, family 6 of us can stay inside reit. Can no need to buy house. No worries.

Invest in virtual property, no hassle. Meta is the future.

There's a will there's a way.

Employed under developer you can get staff price before the unit open to public and also massive discount.
You already earn gain percentage compared to the regular person.

Not rich, but still some money.

It depends if you want to spend time to manage your tenants. As landlord, you need to be able to handle any requests for faulty things on your property. Also need to chase rental payments if your tenant is forgetful or suka delay payment type.

Meanwhile REITS provide rental income without the hassle of managing tenants. Of course your overall income will be slightly lesser. Capital gains will also depend on interest movement, as REITS are affected by OPR expectations.

With stagnant per capita income , you still think property will bull?