But he now untung 400k from a 40k investment, your savings and investment got give same returns within the same timeline?

Chicken rice in 2008 is around RM4. Now coming RM8, also double up already.

So in real terms, properties didn't really appreciate that much more than inflation...

I think money making from property has passed in Malaysia. I bought my Setia Alam unit for 400K in 2008. It is currently rated around 900-950K. New launches by SP Setia is around that price but a lot smaller and not gated too. The increment of the property price is not that steep anymore to the point it cannot cover the miscellaneous fees that some of you have pointed out here for new property. But this doesn't mean price will drop, it will only increase in a smaller gradient. Unless you buy a unit at some ulu unknown area that suddenly become big in the near future (just like Setia Alam as example in 2004), chances that such huge increment hardly can happen. The demand is there as I get plenty of of inquiry from agent to sell all the time but not sure if this hold true for high rise.

SetiaAlam is a gem, must keep holding to pass on to your kids.

Buy into a good township development early if you want value.
Can still remember buying SA when the sales office was at jln meru side, they drive us in 4x4 to view the first D18 phase at the very end of the dirt road.

SetiaAlam is a gem, must keep holding to pass on to your kids.

Buy into a good township development early if you want value.
Can still remember buying SA when the sales office was at jln meru side, they drive us in 4x4 to view the first D18 phase at the very end of the dirt road.

That time I focused on buying freehold landed in PJ Damansara, should be better than Klang Shah Alam

Don't be like icemanfx, buy 2 units of condo at axis ampang and lose money

I think money making from property has passed in Malaysia. I bought my Setia Alam unit for 400K in 2008. It is currently rated around 900-950K. New launches by SP Setia is around that price but a lot smaller and not gated too. The increment of the property price is not that steep anymore to the point it cannot cover the miscellaneous fees that some of you have pointed out here for new property. But this doesn't mean price will drop, it will only increase in a smaller gradient. Unless you buy a unit at some ulu unknown area that suddenly become big in the near future (just like Setia Alam as example in 2004), chances that such huge increment hardly can happen. The demand is there as I get plenty of of inquiry from agent to sell all the time but not sure if this hold true for high rise.

Don't be like icemanfx, buy 2 units of condo at axis ampang and lose money

Don't be like icemanfx, buy 2 units of condo at axis ampang and lose money

Don't push your words to me.

But his advise always sounds goodin....

2 unit condo lembu still ok...

8 landed yo

no wonder he is so discouraged...

Will you think the property market will fall soon?
Especially landed property ,hot cake area like subang jaya?
after the increasing on interest, inflation, covid..nvr endless issue in future..
if you have cash, will you go and buy the landed property to invest now?

7 years until today, you can see everything is changing from now, which mean it was just a beginning of the change. Buy for own stay absolutely can, investment no.