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 Will you think the property market will fall soon?, will the landed property fall in 2024?

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icemanfx
post Nov 3 2022, 01:04 PM

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QUOTE(mini orchard @ Nov 3 2022, 09:09 AM)
If a real volatile swings were to happen in msia, how many are brave to buy property, stock etc. Keeping cash may not be safe also.

Many lost money in gloves counter after mco. Is even bad to buy properties since is high capital investment.
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Poorperly is not the only investment option available. like all investible assets, there is time to buy, hold, sell and abstain.

during price uptrend, everyone is hero and invincible, only after the tide turned will tell who was swimming naked. herd members and meme tend to follow price uptrend, blinded by greed, ignoring warning signs and treating different opinion as noise.

many failed to realize, leverage amplify profits as well as losses.

galkelly
post Nov 3 2022, 01:39 PM

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QUOTE(New Klang @ Oct 31 2022, 08:27 AM)
SetiaAlam is a gem, must keep holding to pass on to your kids.
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QUOTE(jojolicia @ Oct 31 2022, 09:02 AM)
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 drove us in 4x4 to view the first D18 at the very end of the dirt road.
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And whenever you tell ppl you own setia alam property, ppl reply wah kaya la u, waaa ho seh liao, waaa fatt tatt lo, waaa chap dou lor..
Correct me if I m wrong...😂😂😂
icemanfx
post Nov 3 2022, 02:15 PM

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QUOTE(contagiouseddie @ Nov 3 2022, 12:06 PM)
Bought from Brickz for RM30 for a taman. The date starts from the origin of the taman. My email is all over the document, so I'm not sharing unfortunately.

It has road name, house type and land built up size. So that pretty much give you what you need to know. Of course you can't know things like whether it was never occupied before or renovated before. I also notice unit price is only higher if it is renovated extensively. And it has graphs too, LMAO!
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Transacted price is realistic market price. Historically, residential poorperly price rise at about inflation rate in the long term.
jojolicia
post Nov 3 2022, 02:46 PM

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QUOTE(galkelly @ Nov 3 2022, 01:39 PM)
And whenever you tell ppl you own setia alam property, ppl reply wah kaya la u, waaa ho seh liao, waaa fatt tatt lo, waaa chap dou lor..
Correct me if I m wrong...😂😂😂
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No.

THOSE DAYS, whenever you said bought-ed Setia Alam then. Ppl said > siow-ar, dai-lan-gon so damn far... Pa-sang le, you know MERU? .. lok-7 lo, you go la, bye

That time, mana ade org believe new township development.

Ppl even said, that land SHC also don't want la, sell cheap cheap.

Old uncle laughed then said if ade potensi, you think ah teo will sell to ah liew meh? Think also know la, bodo.. Lol

This post has been edited by jojolicia: Nov 3 2022, 02:50 PM
TSjrshow
post Nov 3 2022, 02:49 PM

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QUOTE(jojolicia @ Nov 3 2022, 02:46 PM)
No.

THOSE DAYS, whenever you said bought-ed Setia Alam then. Ppl said > siow-ar, dai-lan-gon so damn far... Pa-sang le, you know MERU? .. lok-7 lo, you go la, bye

That time, mana ade org believe new township development.

Ppl even said, that land SHC also don't want la, sell cheap cheap.

Old uncle laughed then said if ade potensi, you think ah teo will sell to ah liew meh? Lol
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i have, but i didnt c any ho sei liao lo...now even lost money
jojolicia
post Nov 3 2022, 02:56 PM

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QUOTE(jrshow @ Nov 3 2022, 02:49 PM)
i have, but i didnt c any ho sei liao lo...now even lost money
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I never said ho sei liao for setia alam like strike jackpot. SA ok la, lagi mau hiam meh.



This post has been edited by jojolicia: Nov 4 2022, 06:59 AM
stevenlee
post Nov 3 2022, 03:00 PM

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QUOTE(icemanfx @ Nov 3 2022, 01:04 PM)
Poorperly is not the only investment option available. like all investible assets, there is time to buy, hold, sell and abstain.

during price uptrend, everyone is hero and invincible, only after the tide turned will tell who was swimming naked. herd members and meme tend to follow price uptrend, blinded by greed, ignoring warning signs and treating different opinion as noise.

many failed to realize, leverage amplify profits as well as losses.
*
but if long term, it for sure will give good return.. hmm.gif

my property bought back in 2012 (landed corner super semi D), now value @ 50% more than price i purchase.

basic math, 5% annual return hmm.gif laugh.gif


jojolicia
post Nov 3 2022, 03:04 PM

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QUOTE(jrshow @ Nov 3 2022, 02:49 PM)
i have, but i didnt c any ho sei liao lo...now even lost money
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By the way, you bought which part/segment of SA lost money?
TSjrshow
post Nov 3 2022, 03:06 PM

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QUOTE(jojolicia @ Nov 3 2022, 03:04 PM)
By the way, you bought which part/segment of SA lost money?
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condo
contagiouseddie
post Nov 3 2022, 03:09 PM

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QUOTE(jrshow @ Nov 3 2022, 03:06 PM)
condo
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Trefoil?

Setia Alam, even the low cost apartment like Seroja have appreciation values by a lot. Of course this doesn't hold true for anywhere in Malaysia.

This post has been edited by contagiouseddie: Nov 3 2022, 03:11 PM
jojolicia
post Nov 3 2022, 04:32 PM

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QUOTE(jrshow @ Nov 3 2022, 03:06 PM)
condo
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SCity Residence VP-ed last 2020/21 ?
galkelly
post Nov 3 2022, 04:44 PM

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QUOTE(jojolicia @ Nov 3 2022, 02:46 PM)
No.

THOSE DAYS, whenever you said bought-ed Setia Alam then. Ppl said > siow-ar, dai-lan-gon so damn far... Pa-sang le, you know MERU? .. lok-7 lo, you go la, bye

That time, mana ade org believe new township development.

Ppl even said, that land SHC also don't want la, sell cheap cheap.

Old uncle laughed then said if ade potensi, you think ah teo will sell to ah liew meh? Think also know la, bodo.. Lol
*
Oh yeah, my brother bought bandar botanic, when I show him SA he was cursing, plantation land la, Meru outskirt la, really give him hantam ... lucky SA turn out to be great

QUOTE(jrshow @ Nov 3 2022, 03:06 PM)
condo
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If you bought SCR, it's the most expensive psf in Klang...
jojolicia
post Nov 3 2022, 04:59 PM

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QUOTE(galkelly @ Nov 3 2022, 04:44 PM)
If you bought SCR, it's the most expensive psf in Klang...
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Hmmmm🤔

This post has been edited by jojolicia: Nov 4 2022, 06:56 AM
keewah
post Nov 3 2022, 05:01 PM

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My boss bought setia alam apartment rm100k from developer. I think call baiduri

Now sell for rm300k
SUSNew Klang
post Nov 3 2022, 05:07 PM

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QUOTE(icemanfx @ Nov 3 2022, 01:04 PM)
Poorperly is not the only investment option available. like all investible assets, there is time to buy, hold, sell and abstain.

during price uptrend, everyone is hero and invincible, only after the tide turned will tell who was swimming naked. herd members and meme tend to follow price uptrend, blinded by greed, ignoring warning signs and treating different opinion as noise.

many failed to realize, leverage amplify profits as well as losses.
*
TBJMM
contagiouseddie
post Nov 3 2022, 06:48 PM

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QUOTE(galkelly @ Nov 3 2022, 04:44 PM)
Oh yeah, my brother bought bandar botanic, when I show him SA he was cursing, plantation land la, Meru outskirt la, really give him hantam ... lucky SA turn out to be great
If you bought SCR, it's the most expensive psf in Klang...
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Nearly bought the other side of Klang (Bukit Tinggi, Botanic, etc). It's looks havoc there right now. Many foreigners renting and lack of planning.
TSjrshow
post Nov 3 2022, 07:53 PM

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langstrasse
post Nov 3 2022, 08:53 PM

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Any examples for Old Klang Road property ?
icemanfx
post Nov 4 2022, 04:06 AM

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QUOTE(stevenlee @ Nov 3 2022, 03:00 PM)
but if long term, it for sure will give good return..  hmm.gif

my property bought back in 2012 (landed corner super semi D), now value @ 50% more than price i purchase.

basic math, 5% annual return  hmm.gif  laugh.gif
*
About 4.2% p.a compound interest, inline with inflation rate.

If for investment purposes, after deducted loan interest and expenses incurred, actual returns is lower than nominal.

This post has been edited by icemanfx: Nov 4 2022, 04:07 AM
Alocasia
post Nov 6 2022, 05:36 PM

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This is the author of this book who shares how he FIRE through property investment.

https://mphonline.com/products/who-says-you...ng-a-9-to-5-job

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