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Don't buy malaysian house if not for living
SUSEvolving Skies
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Aug 9 2022, 06:36 PM, updated 2y ago
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Getting Started
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Ppl always assume property price always up. Problem is you are borrowed from bank. Idea is like bank short selling to you a mark up loan product which has a whooping 220% mark up price (assuming obr rate 4% over 30 years). So into making up the 4% per annum loss u incurred, you have to make sure your property rose 40% in next 10 years. But bear in mind, opr rate also rise when housing price index rise. In the end, profit not much. Don't forget the stamp duty fee and s&p legal fee. Hence I rather forget the hassle, and invest in Singapore REIT.
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accordvtec
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Aug 9 2022, 06:37 PM
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Getting Started
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only if u r poor
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PJng
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Aug 9 2022, 06:38 PM
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Hi dupe
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Baconateer
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Aug 9 2022, 06:38 PM
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Whn go die sei sohai dupe
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ketupatlazat
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Aug 9 2022, 06:40 PM
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still positive what
just that the rate of growth is slowing down
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scorptim
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Aug 9 2022, 06:42 PM
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Rajin keep creating threads to drown LCS issue
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pisces88
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Aug 9 2022, 06:43 PM
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usually i dont think like that, i jus like the idea of people paying for my property..
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xCM
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Aug 9 2022, 06:43 PM
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Sei sohai dupe
Bila mampuih
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SUSguest16888
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Aug 9 2022, 06:44 PM
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Getting Started
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QUOTE(Evolving Skies @ Aug 9 2022, 06:36 PM) Ppl always assume property price always up. Problem is you are borrowed from bank. Idea is like bank short selling to you a mark up loan product which has a whooping 220% mark up price (assuming obr rate 4% over 30 years). So into making up the 4% per annum loss u incurred, you have to make sure your property rose 40% in next 10 years. But bear in mind, opr rate also rise when housing price index rise. In the end, profit not much. Don't forget the stamp duty fee and s&p legal fee. Hence I rather forget the hassle, and invest in Singapore REIT. Did this 20 yrs ago.
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bristlebb
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Aug 9 2022, 06:46 PM
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dupe sape ni
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police_pipupipu
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Aug 9 2022, 06:46 PM
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Getting Started
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QUOTE(IccyAsd @ Jul 6 2022, 10:58 PM) tapi MPKL say its not true.
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SUSguest16888
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Aug 9 2022, 06:47 PM
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Getting Started
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Actually the best is REITS in Sg. Claw back. Buy palace type in small towns.
You have a choice also in rain forest, Yatch marina, lake side , Highlands bungalows.
Like how the British officers lived.
Build like Kellie castle.
That is worth it.
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danabu
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Aug 9 2022, 06:48 PM
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So this few years is the best time to buy....
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Oltromen Ripot
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Aug 9 2022, 06:54 PM
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QUOTE(Evolving Skies @ Aug 9 2022, 06:36 PM) you are borrowed from bank wait- so which bank had lent me to my parents? is my wife lending me from bank as well?
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Darkspreader
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Aug 9 2022, 06:56 PM
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Getting Started
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Ok dupe MPKL
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ikankering
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Aug 9 2022, 07:06 PM
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New Member
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6 house.
now i live in banglo near Klia.
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Darkspreader
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Aug 9 2022, 07:08 PM
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QUOTE(ikankering @ Aug 9 2022, 07:06 PM) 6 house. now i live in banglo near Klia. Kek, 6 kad board box, now live in kad board box besar near klia*
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SUSEvolving Skies
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Aug 9 2022, 07:16 PM
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Getting Started
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QUOTE(danabu @ Aug 9 2022, 06:48 PM) So this few years is the best time to buy.... High risk but low profit. Not recommended.
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SUSFenix98
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Aug 9 2022, 07:17 PM
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Seisohai
This post has been edited by Fenix98: Aug 9 2022, 07:18 PM
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SUSEvolving Skies
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Aug 9 2022, 07:18 PM
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Getting Started
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QUOTE(ikankering @ Aug 9 2022, 07:06 PM) 6 house. now i live in banglo near Klia. Maintenance > 5 figures, not worth it. Rather live in HDB whereas house chores only take me half an hour every weekend. This post has been edited by Evolving Skies: Aug 9 2022, 07:18 PM
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