izit for investment? why choose these area?

Mon't Kiara and Bdr Puteri are consider prime areas, the property price will be either stagnant or keep rising, in certain area bubble will cause the property price to drop, but bubble dun hv big impact on prime area due to continuing demand fr buyers...

Hence we hv 2 scenarios, if you dun believe MK and Puteri is bubble, then it is good for you to invest, just bought an unit of apt (old/new) RM500- RM2 mil to test, then you wait and see, or just invest any shoplot in Bdr Puteri, hope you are right, gd luck to you!!

We must make clear that every area in KV has gold mine by it's own, when we mentioned Bangsar is prime in location does not means that all the sectors in BS can be invested, vice versa area like Balakong is under the radar, some areas appears to be gem tomorrow...
I follow 1 rule, invest in the area that I am familiar, I you live in Selayang, just study the vicinity area & the futures, and I believe you could find the diamond, to explore other area just need more more study
To buy property for own stay is one thing, for investment is much more complicated, we shd not limit ourselves merely to landed or condo for rent, there are many areas which were neglected by investors still like light industry, bungalow land, retail lots etc. When we are still discussing the property price in KV and Penang, our big big investors (developers) has gone far ahead to search for for their diamond in Sabah, Kelantan etc, these big shark make multiple gain over the recent years, what I know in certain Kelantan area, the land Price has gone up 5 times over the last 10 years...so, on the issue of overpricing, dun blame these small small house investors, the real culprits are the government, land owners and developers...

is inappropriate to compare unit trust to real estate, product nature and mechanism are different at all, stock market and unit trust are under the same category

If I am an active property investor, I really hope that most of the forummers are very very conservative, I could roughly guess 75% of views are quite negative, unlike China, Taiwan or Singapore, In Malaysia, our property price are going slow, it is a healthy sign...

513? Many more you shd worry? Korea war? another 911? 2012? water world? Islamic countries attack Singapore? Wat else? Better leave the earth

The key problem with some people is they keep forecasting that mkt will burst, but when the mkt really burst, they also hv thousands of excuses not to invest, why? Try to think in wat circumstances mkt will burst? there is no way mkt sentiment is good and stock mkt crash...if one dun prepare to take the risk, then forget about investment

The fact is real property investor buys more when market burst

Precisely, as I mentioned earlier, bubble happens sector to sector, at different place and timing, If we keeps waiting then chances may go away, of course homework is fundamental, one thing for sure, RM is only paper, better keep tangible good. However I personally feel that apt condo or service apt will be oversupply fr 2013 onwards in KV, be careful unless buy for own stay

+1

Buying for own stay and for investment is totally different story, dun mess up. Investment must put location as 1st consideration

DD vs SS, over supply will cause price to drop, rental will drop too, just imagine, for instance, if MK price drop 30% and rental increase 20%, do you think anyone would be blurr blurr paying high rental? very simple if installment lower than rental, sure buy

why property is more stable, it some how cater for basic needs, it won't happen like stock mkt drop 70%, I remember one of the worst Talam project in Tmn Puncak Jalil, 212K developer price in 2000, 2004 lowest hitting 175K, now back to 300K

Best word "Downgrade"

Over the past, investor made the most fr land (development) and industrial factories, followed by commercial shoplots, however, it is too complicated for most of the forummers here, it is specifically most suitable for commodity operator to invest....

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Added on February 14, 2011, 5:16 pmWhen we say cash, there is different RM with Sing$$ and Reminbi, If all my cash are RM, I will try to convert it to real estate, no confident with the gomen

This post has been edited by UFO-ET: Feb 14 2011, 05:16 PM

I read the title "If the property going to drop?" so many times, now I got the answer - "Malaysian's dream home requirement is one of the highest in Asia"

if we dun change our requirements or like someone mentioned earlier "downgrade" our needs, we will keep suffering...and even when property is really bubble, I dun think those low and middle income group can afford to buy theirs dream home....

Until today, we Malaysian still consider an average new double storey link or Condo / service apt at least 1500sf (in average prime location) is considered an ideal "home" for a family, anything below than that spec is miserable, I just came back fr Taiwan, knowing that a very successful film star is staying in a shop apartment and most of them are like that..I make a quick survey, majority think that owning at least a 25 tsubo (890sf) size apartment is the most ideal home and considered quite successful (1 tsubo = 35.6 sq ft), middle upper class group never think or dream of owning a landed property in the Taipei City, only those multi millionaire "businessman" has the privilege to live in. 20-30 years back they are like us, complaining the landed property was too expensive.

If we can't change the world, we change ourselves
1. Lower our requirement - downgrade
2. Dun compare yr wealth (when compare, you will never satisfy)
3. Keep our family size smaller, I am ok if my 2 kids are single (Dr. M 70 mil population target is going to kill the country)
4. Be more hardworking and change our attitude
Taiwanese really good, professional and hardworking, I really feel shameful, m very very lazy, and our gomen servants sick! Taiwan has almost same population like us, their servant total of 800K, we 2.2 mil..
5. Give a chance to another group of people to manage the country, see anything better

To apply other countries's property investment method will lead you to hell. My friend has bought 52 units of low cost flat fr auction in the last 1 yrs (which I totally disagree), he claimed that Singapore low cost house has very good rental, RM300 rental is projected.

I am waiting what will happen to him in the next 3 yrs, I stayed in Tasik Selatan low cost flat before BLK 26, it is nightmare!! Unlike Singapore, our gomen will never take care of our living environment

True. RM300 isn't easy to collect, ideally 50 units cost 2.5 mil, collect RM15K every mth sounds ok. But in reality landlord is facing different type of tenants, illegal activities, collection problems, personal safety issue (collecting cash), utility usage disputes, runaway tenants etc...

Ha ha you must be kidding, MRT entire project takes 15 yrs, by then "if" nothing happen economy go steady, property price especially landed in prime area would easily 50%-200% up, by then how much does a huge crash (%) you are expecting? Dun wait if you are hoping so...
BTW I think mkt will hv huge crash if World War III between USA & China take on, let's see he he

MRT has 3 lines, total 15 yrs. Dun trust our gomen too much, a simple mini LRT already drag fr 1998 till now just started...

In fact m more interested in "wat will home buyers react when market crash", if I ask now, the answer is certainly ''Buy, Buy, Buy!!"
however in reality, when it happen, most of them choose to hold on or wait & see, hope worsen some more....
My Neighbour who was searching for Kinrara house since 1996, said mkt will crash in 1997, he was correct when price drop fr 260K to 200K, he predicted will drop some more to 185K, I can't wait & bought 228K in 1998, he said riot will happen bcos political instability, will drop back to 190K, since then price has no way back & reach 430K now
Many people has right prediction, the problem is they never act at the right time

It will rise in general, say +-20% across the board fr now on till completion, however when train starts to operate, then those houses which are 100m+- in radius may hv price drop, 10%-20%

So in short, houses too near to track will increase a bit or no change, the rest sure rise in significant degree