What's your worst property purchase?, lots of property woes threads lately
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 Feb 10 2023, 03:56 PM
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#1
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All Stars
21,456 posts Joined: Jul 2012  
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QUOTE(iEatCuteDogs @ Feb 10 2023, 02:21 PM) What's your worst property purchase? This is likely ground settlement issue. Credit: neighbour's house. this shitty IOI developer workmanship sucks beyond belief. complain to MPKJ already, developer still dont wanna fix  This post has been edited by icemanfx: Feb 10 2023, 04:08 PM |
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Feb 10 2023, 04:00 PM
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#2
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All Stars
21,456 posts Joined: Jul 2012
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QUOTE(iEatCuteDogs @ Feb 10 2023, 02:35 PM) my water leakage is bad, but my taman neighbour's leakage are even worst. whole plaster roof collapse, with fan lights and all. Concrete flat roof need water proofing and these water proofing need to be protected else leaking will occur.last year (2022) i spent almost MYR10k to fix water tank area leakage and huge cracks. in 2021, i spent MYR20k to put awning, ponding and cracks. every year at least MYR10k+ to fix cracks. IOI workmanship is the worst. and their achitect+designers are all retards. water tank area is exposed flat roof. OFCOURSELA PONDING, CRACKS EVERY YEAR. WATER TANK SO HEAVY YOU KNOW. U PUT IT OVER A STUPIDLY THIN CONCRETE SLAB!   |
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Feb 18 2023, 11:39 AM
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#3
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All Stars
21,456 posts Joined: Jul 2012
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QUOTE(-mystery- @ Feb 18 2023, 11:31 AM) how about you try and build yourself? stingy fellow Subsale is a alternative. |
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Feb 18 2023, 01:05 PM
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#4
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All Stars
21,456 posts Joined: Jul 2012
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QUOTE(-mystery- @ Feb 18 2023, 01:01 PM) subsales come with downpayment and renewal money issue If one couldn't save enough for 10% down payment is likely financial stressed to buy new launch. |
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Mar 14 2024, 09:17 AM
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#5
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All Stars
21,456 posts Joined: Jul 2012
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Poorperly investment is not newly invented or discovered. if is as half as profitable as guru/influencer claimed, every other da ma, da shu would be landlord, where leave chance to strawberry gen. |
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Mar 14 2024, 09:19 AM
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#6
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All Stars
21,456 posts Joined: Jul 2012
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QUOTE(watzisname @ Mar 14 2024, 08:44 AM) the problem with property investment is it's very hard to cut loss if you made a mistake Poorperly is illiquid, it could takes months if not years to liquidate.and managing tenants is an active investment, not passive like what ppl tell you leverage amplify profit as well as losses. most of those invested in the last 10 years are under water. |
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