Secondary market, there surely is.

Key move is you gotta be the early birds to put your money in the new development township. You need to know the development's potentials, developer's strategy as a whole and their master plan, their commercial spread, infrastructure kedukut-ness (like the aust slang stinge), look into where are the gazetted surrender land to be etc etc.
In short, hot and everything from oven about the township.

What you see in the township, do make a point to study valuation? its demagraphic, connectivity, dev mix, existing nearby, local councils and their supporting plans if any, how is their hand shake to with developer etc etc and most importantly 'the ounces' of your developer. Every developers has their architect-authorities runners or an inhouse one, get to know these.

Holding power for shoplots? A big yes. That's the gameplan for being early in order to maximise the potentials you see in.

Frankly speaking, many invested in shoplots for an asset class hedging against inflation. A recurring income at later years. There are things that always go up in tandem. Business premises is one.

As you mentioned 20/30 yrs by instalments (rental return) ? That ain't gonna make the cut, not even for residential of today. Even if you do get good rental returns in the shortest time, as an investor you still need to do your part in your leveraged prepayment. Never the 20/30 yrs kind of tenure. Cost of financing is everything and crucial in any property ownership.

Not the math of rental A > instalment B x 20/30 yrs. Its not sustainable.

Anything short, its the Bank with a big smile and not you.

This post has been edited by jojolicia: Oct 10 2023, 10:25 PM

this thread makes me think i should stay with my fama's house since they want me start family here

Tumpang threat also

If I have savings 40k per year

Should I put it into EPF or advance payment for housing loan

nothing wrong with legal ah long

My take:
Depends on your age - epf gives higher interest but money will be locked. Excess pymt to loan may still be available to you if you suddenly need the cash.

House is made for bank lol

Yes. This is correct. But a lot people think funny2 things

Appreciated the explanation.

Ginting

EPF gives 6 percent
House loan charges 4 percent

Free 2 percent every year

But i used my epf to clear my house loan. Hate payment every mth. We don't always make sound decision. We make what feels right for us.

Either or it's better than not having money or owe cc

My house is in sg buloh near to Elmina....on the left i got LATAR...on the right i got DASH...up got north south highway...and near my house is Guthrie with access to Elite......

Along also compounding interest

My land non bumi...but i have another 2 ....around the same area with bumi status.

Good health to you and all.

1st page bodoh, suddenly 2nd page tunjuk bodoh sekali lagi lollll

haha... i tot the Effective Interest Rates for hire-purchase loan must be shown in the loan agreement but many still confused.

Weird rite.... knowing how things compounded....

Many wage earning humans , still doesn't leverage on that and save $$$ in FD (safest option) , thinking its useless coz mere few % dividends not significant enough. Better empty the bank acct each month to splurge / YOLO

This post has been edited by alanyuppie: Oct 11 2023, 08:24 AM

last time i beli rumah cash..

recently when want to apply car loan, few bankers ask many times why no history house loan... house loan is a must ke? adoi...

Many said fd is equal to lost of opportunity cost wor

Only crypto is the magic word

This post has been edited by jojolicia: Oct 11 2023, 08:44 AM

Macam only sotong flexi got principal reduction. Dump more then pay less.

Other banks flexi u still commit to a fixed amount monthly regardless paying extra or not.