Outline ·
[ Standard ] ·
Linear+
Property price/value (Petrol hike), How petrol hike can affect price/value?
|
rourou
|
 Jun 9 2008, 04:41 PM
|
|
QUOTE(ah_suknat @ Jun 6 2008, 03:54 PM) I am waiting for good bargain during auction instead  does these really works?? i've gone through an agent to acquire 2 properties from auctions but the seller always bail out last minute  ... is it really the case or internal workings??  i'll reckon that existing property (not new ones) in town, price ain't going to go down any time soon from the discussion (soon as in 1 or 2 years time). what do you all think of a RM180k landed single storey in Pandan Jaya. there's existing tenant at RM700/month. good buy? |
|
|
|
|
|
rourou
|
Jun 10 2008, 08:42 AM
|
|
|
QUOTE(Syd G @ Jun 9 2008, 09:14 PM) In my honest opinion, If you're looking for positive cashflow from rental or property appreciation, it's not a good buy. That area is matured, jam everyday and the neighborhood is too dodgy for my liking... but that's just my opinion. I'd add a couple of Ks and buy a condo near Setiawangsa LRT. Rent 1k++ and it's a good neighbourhood too  one of the reason i was considering the area was that in fact it is a landed property... and if one fine day i really get married then can live there  thanks for the info... will keep a look out at condos near Setiawangsa LRT... but the few that i viewed are like 300k and it's above what i can afford |
|
|
|
|
|
rourou
|
Jun 10 2008, 10:12 AM
|
|
|
QUOTE(Syd G @ Jun 10 2008, 10:05 AM) I used to think like that too but you gotta differentiate between investments and property for own usage. I personally dont like staying in the unit that I bought for investment - thus no sentimental value or plan to stay there in the future, just purely business decision  biggest problem is cash flow... i would love to have a unit i bought just to stay in and then others for investment only... but prob is i would only have money to buy 1 for now ... i don't need a place just yet, but want to start early... don't want to be still paying for housing loan when i'm 60 |
|
|
|
|
|
rourou
|
Jun 10 2008, 03:24 PM
|
|
|
QUOTE(cody99 @ Jun 10 2008, 11:45 AM) Maybe you could get a smaller house and invest the remaining to gain profit? i sucks at investing my $$ QUOTE(Syd G @ Jun 10 2008, 11:55 AM) I started with a low cost unit (85k subsale, original price was 49k). Rent was puny but the property had appreciated nicely Start small. Start early. Good luck! low cost unit such as flats that can be rented out??  |
|
|
|
|
Quote
0.0191sec
0.54
6 queries
GZIP Disabled