Since you mentioned red tapes, more in the making and coming

Malaysian uncles aunties still hope their kids have 2-5 houses. This really helps the property industry to BBBUUU.

No one ever thinks about opportunity cost, cash flow etc. They rather focus on CNY Deepavali Hari Raya, brag about their new house...Who brags about the 7 digit savings you have?

So wat if u hv 7 digits at ur account,the money will be devalue coz high inflation.

you invest, and generate far better return than most properties.

From what I see, it's not the property crashed etc but more lelong unit nowadays. Some even at relatively brand new unit, 1-2 years old unit. And its massive for lelong unit especially condo/ apartment with high dense at KV area.

If I got high cash, will choose lelong instead. Cash more towards house renovation for the slightly damaged house

Hahahaha...big slap to u at 2024Q4

Won't the encumbrance, if any, to the title post the biggest risk for lelong properties?

This post has been edited by dogbert_chew: Sep 20 2024, 07:24 PM

Now that's the right mindset.. some couldn't see the flaw on this they think that oh so many lelong unit.. economy is bad for all.. they couldn't comprehend some may be over leveraging and that's the cause, some could be going through rough time. Does these situations paint the same picture for the entire population in MY? As far as I'm concerned all the ones around me are doing really well.

Start the fear mongering when even condos got lelong at dirt cheap price and still no one is buying it. This thread is 2022 to date mark my words things would not go south for property, not for bursa.

This post has been edited by kidmad: Sep 20 2024, 07:57 PM

What bigger risk you referring to?

He kena slap since 2012 la.. by now the face already unrecognizable.

Not even told more lelong, mean more indication for poor economy etc. Just noted nowadays too many brand new or relatively new unit under lelong unit, vs 15-20 years ago. Property guru effect? Compression loan effect?

yes but only at bad location n bad project

Unfortunately Malaysian population owning a home is low despite you think there's so many new units. If there's no demand a project will be abandoned. This statement stays true. If they have 80% uptake it's as good as GO all the way to completion. U don't need any prop guru or compression loan to tell you the story of what the 1% of jokers are doing, those cases are what I called over leveraging.. all you need is the developer backing out to tell you if the prop sector is doing good or otherwise.

I wouldn't mind 7 or 8 digits and no less than that, I be happy for retirement.

nei zxou meh kam kong...

no drop. but stagnant for the longest amount of time.

But you can't deny the fact of having 1 or 2 non movable assets of today's value for your kid's 20 years head start.

No right or wrong, but question is for yourself only or for your next gen?

You still need to hedge right on top of all other variable instruments. Why limit to one and not both classes?

Can you find any house/ shop lot/ land subsale today that is going cheaper in value than 10 years before?

You talk cash flow, opportunity cost at cumulation but wealth preservation is still the end game unless you plan to spend it all on yourself this lifetime.

if i want hedge now, i just buy btc long term, i can liquidate it anytime without any fee or cost to it. that is just me.

Which give you zero rental value, and high risk

Bitcoin should be less than 10% of total wealth, except you are a pro in that field.

Rich people don argue which is better, because allllll got different pro cons, so buy all

Are you happy to stay in >20 years condo? How much are >20 years condo?