I invested 10% down payment for poorperly, took loan and sold the house for 600% gain

As if overhang is irrelevant.

Possible during 2011-2015 but not currently.

when it comes to property, location matters. 2000 property ady doubled! No bluf. Even if left it empty untenanted, will still profit if jual… so biar… if lepas now can’t buy back at ori price or better made (raw material wise) …many rich investors r like tat… example my left right neighbours. Been eyeing these. But not selling….now n then pop pass jeguk only. Maybe keep 4 kids. When kids grow up, they may x afford buying properties as cheaply as their parents. Prices will b super expensive then… So, if got kids, can buy…

You missed the 2001-2015 boom?

Sold two units during that period.

,,💪

If gen y and z don't consider to buy >10 years old poorperly, you expect your children to live in >20 years old poorperly?

If u ady got property 4 own use Nonit buy more la… x cheap now. Unless got excess money la… invest in property better than invest in shares / crypto. Confirm tara rugi 1.

Economic recession is inevitable after ge15, buy when blood is knee deep on the floor.

This post has been edited by icemanfx: Oct 29 2022, 03:27 PM

All property sure need maintenance … but older structure better la… more solid… bigger even…

Anyways, future trend ~> children will look forward 2 inherit properties, x afford 2 buy anymore… huhuhu…

According to napic, over half of residential transacted is < rm500k. If one doesn't fall for developers gimmick, affordable poorperly are available.

Why after ge15?

Data pointed.

Ok look forward 2 dead chicken then! Let’s c how cheap!

But then tat day I read they r going 2 slow down opr hikes… if tat happens new buyers can afford 2 buy and price x drop tat much…

To reduce opr when inflation rate is rising and RM is depreciating is unorthodox, will likely end up like turkey or Pakistan.

You should

If you hold your investment in the 2 condo now, probably they are half price

Lmao
Can get loan or not?
When blood bath is ongoing, banks will cover their ass and risk averse to lend.

Even if 1 day MYR bcum banana money, I think property will continue to appreciate, ppl still need 2 buy house… else stay where? Deswai I think it’s better 2 invest in property than save $$$ in bank.

Most buy poorperly with bank loan; loan interest rate, repayment capability is a consideration.

For reasons, why many strawberry gen are financially stressed.

This post has been edited by icemanfx: Oct 29 2022, 08:02 PM

I know… huhuhuh Then better dun buy…🤐