Hi sifus,

I would like to buy a unit to invest. As checked, my eligibility is about 550k.

Location, prefer in KL / Ampang / Cheras area.
Of course want to buy near near to LRT/MRT

Hope sifu can help me and others as well.

Basically dont want to get into financial trouble. As long the unit can be rented out at cost price and pay for the installment, im happy d.

Thank you sifus.

This is call lazy investing

Good things no share.

Share things no good.

it was in the past that rental can cover loan. now no matter how u will bear the 10-20% of loan + maintenance fee. unless u paying alot of the deposit.

Yea dude. You’re asking to be sold to. There’s a wealth of information in here and tonnes of opinions for you to distill. But also have your own perspective.

You know your budget so then settle on location and further distinguish by the project details. Visiting a few showrooms and being exposed to the sales spiel will help you.

Lai lai lai big water fish here
Where's all the fishermen

You can watch Iherng's video for a start. Tons of good info and guides on how to find the right investment property.

Popoty agent will tell you bukit jalil is mont kiara 2

you are going to hear this:

-empire city damansara is next bangsar south
-high density not an issue as nearby got many MNC jobs
-developer will build central park like desa park city
-can walk to buy groceries and all
-free shuttle bus to here and there
-the soundproofing bloody good even though by the highway
-banks super confident in this project thats why provide loan
-developer damn confident in this project thats why launch many blocks
-buyers extremely confident thats why now soft launch only already many stickers
-faster faster buy before banks raise interest rates
-must sign today before developer raise price again next week with increasing materials inflation

There are alot new project coming in.

Not expecting to become mont kiara but 2nd desa park city 😂

This post has been edited by wilson1149: Jun 9 2022, 11:38 PM

You mean beside dpc like kepong menjalara? Lol pls la .

Just adding you are exactly the target market the developers and gurus are targeting - the young adult starting out in their career with not much financial nous.

Be careful, you can get cashflow neutral projects but rarely direct from the developer or u have to do crappy tricks like co living which means you have renovation costs anyway.

This post has been edited by Cavatzu: Jun 10 2022, 09:43 AM

Poorperly investment is not newly discovered or invented. if poorperly investment is easily self financing, every da ma and da shu are multiple poorperly landlords, where got chance for strawberry gen.

i got unit to sell to you

out of curiosity ice gor, where the hell do you stay in klang valley? or renting all the way/squatting in family home since day one?

I am rather new but I always see you around bitching about the doomed property market in KV so really got curious on where you reside in.

until overhang is reduced substantially, kv poorperly price will remain suppressed. poorperly market doom or not, judge yourself.

where i stay has zero impact on poorperly price or market.

yea your famous tagline, whats your take on 20 years poorperly in KV , freehold strata with less than 400 psf on built up <1300 sqft? all time low or could dip lower, lower than rumahwip?

Eh I’m on the bearish band wagon as well. I only just dipped my toes here and found so many horror stories that are seriously down played because the sales engine is so strong or it’s just wilful ignorance. People say you need to get your fingers burnt to learn a lesson but when it comes to property you will get first degree burns which may even be fatal.

What is happening right now here is an anomaly globally and a freak of nature in ASEAN but I suspect it’s an extension of the middle income trap.

This post has been edited by Cavatzu: Jun 10 2022, 10:54 AM

For own stay, buy within your mean. ideally, dsr <20% of income. 400 psf seems affordable in kv but need to consider other factors also.

This post has been edited by icemanfx: Jun 10 2022, 11:13 AM

dont think a good time to invest in a high rise building

u at least to study the ROI then only go to next step.

my next target is to sell my high rise by year end and buy a small agri land better

Can think of buying landed single storey in PJ. If you look hard enough maybe can get an old one. Agri land has no rental yield unless you farm it your self.