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 Buy reit or buy house?, Let debate!

Buy reit or buy house?
 
Reit [ 41 ] ** [63.08%]
House [ 24 ] ** [36.92%]
Total Votes: 65
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ikankering
post Feb 14 2022, 06:20 PM

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i can buy agriculture land in selangor or n9.


MGM
post Feb 14 2022, 06:49 PM

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QUOTE(ikankering @ Feb 14 2022, 06:20 PM)
i can buy agriculture land in selangor or n9.
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Selangor >1million/acre, NS >500K/acre?
poooky
post Feb 14 2022, 06:51 PM

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buy sg reits. my reits not much choice.
c64
post Feb 14 2022, 06:53 PM

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QUOTE(bill11 @ Feb 14 2022, 02:26 PM)
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 ?
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This...2-3 properties enough...headache.
SUSEvolving Skies
post Feb 14 2022, 11:00 PM

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QUOTE(poooky @ Feb 14 2022, 06:51 PM)
buy sg reits. my reits not much choice.
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Haha ya. Sg reit has more potential flex.gif
SUSCincai lar
post Feb 14 2022, 11:09 PM

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QUOTE(ZeaXG @ Feb 14 2022, 02:44 PM)
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.
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REITS also charge management fees,.. u think they work for free,..??

if sendiri buy and manage,.. profit margin is all yours,... better rate than REITS,..
Cyberbullies
post Feb 14 2022, 11:16 PM

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QUOTE(Evolving Skies @ Feb 14 2022, 02:08 PM)
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.
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>post covid will be bull run year for property.
>amidst Fed's rate hikes.
>while knowing BNM will be forced to do the same at one point.

yeah sure bro.

>ignoring the fact that people are already struggling with their mortgages pre-interest hike.
>ignoring the fact that if the interest hikes, people will struggle more since cash flow will become negative.

still think property prices cannot drop or if it's priced in?

yeah bro just observe after the hikes.

one thing I can say for sure is that the majority of the participants in RE are noobs who have low to zero awareness and are therefore reactionary.

in simple terms, they will only know shit has hit the fan after it happened and therefore the sells will happen all at once.

you will see how "efficient" the RE market is then.

that is why I don't agree with this kind of self-lie or iherng's RE view for the upcoming years (no offence to him as I like his videos).

keep lying to yourself that it will be bull run for years to come while ignoring the fact that people are already strapped for cash.

This post has been edited by Cyberbullies: Feb 14 2022, 11:19 PM

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