if can find a condo which rents out at 1.2-1.5k...

than it's hot cake... anything higher... you're just cutting yourself out from a certain category of renter...

dave is a flipper and most of his early days fortune came from realty bull run. There is no cash flow play in KL unless cash transaction or leverage. If his epf has more value than property, cannibalize epf to serve low interest mortgage is lose making.

If own Stay why sell? if own stay and u like the condo just faster finish the installment amount. if you dont like the condo, then u condo not for rental game because u rental lower than u installment, so only sell out and cut lose.

but for me, if i dont have another property for own stay, i will continue stay that house 1st untill i found a new condo for own stay then i will just sell the condo and move to new condo

for rental condo player you must find a condo rental higher than u installment more than RM 400. how to do it u need to figure out youself, go buy Lelong, go partition make many room etc

but for my Suggestion Property cant let u be rich, Property is keep u wealth not increase a lot for u wealth

Not a lot Rich man depend on buying property to be Rich, most Rich Man they are doing Business to be Rich then invest Property and Stock Market. a Lot people do Terbalik...

but for normal working employee i suggest own stay buy RM 300k property, then buy 1 more property which Rental is Higher than Installment, then other extra saving just put in to Stock Market, ETF or Gold or Fixed Deposit to control u Risk.

those people Bankrupt is due to Buying 2 or 3 property and Negative Cash Flow for Rental, then suddenly lose job dont have any Saving Back up. so dont repeat those people mistake.

for my if u buy 1 property u must have at least RM 50k , if 2 property Rm 100k back up.

Need bigger space … talk is easy sell the condo and move to new condo … how to sell , if so easy sell …… luckily mine got ppl offer … but not that easy la… want sell then sell meh …

You cant sell because u anyhow buy property and not do research before buy Property la.

if u have do properly research why u property hard to sell?

if property near LRT, MRT, near Shopping Mall, Near University and selling price with market price why cant sell?

u cant sell because u buy the property not able to Walk to LRT, MRT, Shopping Mall, University ma.

add more 1 point, if u property buying price is more than 700k of course u hard to sell la, Malaysian not everyone very rich can use 700k buy from u...

later u will said those property also not cheap ma, please la, also got cheap 1, u must do u research before buy la, buy wrong liao keep Bising said u property cant sell, of course la, u property in Hutan how to sell? Tiger or Monkey buy from you?
?

This post has been edited by thx2012: Jul 4 2024, 12:50 AM

Hahaa all walkable . lazy talk to you . Goodluck

Talk also lazy, not wonder u property cant be sold... Sad of u life

breakeven then sell

It’s not a good investment only because they have made it so easy to buy a property and at various price points. In a way this is a good thing as home ownership isn’t really an impossible feat unlike in many other countries. It’s just not profitable now except for a select few.

The typical mid range 500k+ units are a dime a dozen. The desirable ones have public transport links and may be close to some attraction point. You have to look at it like a product nowadays so the actual selection process is very important.

If you can identify the next hotspot that people want to live in then you can still make money if you didn’t overpay.

How to make money as you said it’s not hard to own a house … you smart ppl also ppl also smart ma . I’m referring to new launches .

Any new condo launched since 2016 can get capital gain? From all my relatives who bought condo since that time, all price dropped. Aunty from Sentul point is the best, ever since she bought two units there since 2016, have been asking me why did I buy at Semenyih with such poor location when we met in cny celebration, I only got two years of peaceful time during mco. I also got relatives staying in window on the park, and kepong. Sub sales price dropped also, but they bought for own stay so no big concern. Just that whenever they saw neighbours selling below spa they feel abit sad.

Now I just sold my old house with 6 digits gained. She also keen to sell her condo but last week buyer press down to 390k, she claimed she bought it with 600k that time.

I know condos completed after 2016 that got capital gains and multiple subsales transaction - e.g., Residensi 22 at MK and Southbrookes, DPC.


Good condos in a very strategic location (with nearby amenities) where ppl want to stay always have a higher demand. So choose your location wisely.


To have mrt/lrt is an added point. But MK, DPC can survive without this.

This post has been edited by Chady: Jul 4 2024, 12:23 PM

Like a youtuber said, if u want to buy a new property, buy a property that is not above the market price, so there’s a room for appreciation.

Hardly any capital appreciation it the condo price is above RM1k psf.

How about Rumahwip that included in the normal Residential Projects. There are several project in residensi Wilayah like dat. Does it good investment in term of renting or to sell after the bond period? I wonder about this.

I heard from my friend, They both , the couples, manage to lock rumawip unit in those normal Residential Projects, one each. Ther register under Single category.

rumawip very easy to breakeven because it is already selling below market value

You are looking from the perspective of a buyer of rumah wilayah or normal residential?

I’m a firm firm believer that affordable houses are meant for own stay and not investment.

If affordable houses are meant to be rented out, they can get a better yield than conventional residences, due to lower prices.

Generally, ppl who buy normal residences don’t want to share facilities with affordable houses. Hence, the developers have to cater for the later.


In terms of exiting your properties, ppl who can afford will try to go for converntional residences instead of affordable houses.

It all depends who is your target markets for the houses u want to rent or sell.

3 new in 1 taman..

Sound like taman desa

The atas
Mahsing
Aetas

Good points. Agreed that dpc and MK got high demand, but of course to general ppl these area the property entry price is too high for them. Southbrooks the smallest unit also need 900k right if I m not mistaken?

And I don't believe in those condo keep marketing with connection to MRT, they already priced it in future price.

My aunty also got one unit in youcity, think price is under water also, lol.

My example is based on this project,

https://padang.kotasemarak.my/

They offered total unit : 1226 units, 100 unit of rumawip and been told all the facilities can be used by the rumawip owner as well. The couple (Not yet married) who got 2 unit locked, for each of them mention, one they will stay, the other one, they, they will rent.

and according to the terms and condition, as i read, they did not break the terms. because during Rumawip application, they register as Single. And lucky for both of them, got approved both.

Plus, i oso read, that rumawip can be rented, u just cannot sell the house within certain period of years.



This post has been edited by nicktaylor: Jul 4 2024, 02:12 PM