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Financial Is property going to drop?, General property price discussion

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jessy123
post Jul 27 2010, 10:23 PM

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Taking the first step to buy a property can be a very daunting task for many of us..there are so many "what ifs"..that can totally discourage one
from buying any!

One important point to remember is that if you are buying properties off plan (or from developer) ensure that it is a reputable one. With rising costs and all, many of the less financially strong developer might just go bust..if you are buying for your own stay, ideally it should be close to your work place and with not too many tolls along the way..with rising costs, every cent counts in the end ..

jess
www.ipropertymalaysia.com


Added on July 27, 2010, 10:33 pm
QUOTE(nishoba @ Jul 22 2010, 10:21 PM)
Hi all, need some of your advice. I am thinking to buy my first property investment. At the moment, I am thinking to buy a condo but my parents insist that landed property got more value in future.

The reason I wanted to buy a condo is because it is hard to find a landed property below 350k and in good location and furthermore I felt that condo is easier to rent out'

So what do u guys think?
*
In most cases, the capital appreciatiion in landed property is higher than condos. Yes in general condos are easier to rent out and the rental yield is much better than landed property. Anyway, nowadays many young purchasers are opting to stay in condos due to security consideration. just make sure you buy in a location that is easy to rent out ..it should be near to your work place..the nearer the better!


Jess
www.ipropertymalaysia.com

This post has been edited by jessy123: Jul 27 2010, 10:33 PM
jessy123
post Nov 10 2010, 10:29 AM

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QUOTE(Waachaaa @ Nov 7 2010, 10:27 PM)
Any new launch around Damansara Perdana lately?
Im interested to invest a studio for rental
*
you can consider Ritze Perdana 2 ..good rental demand for the studios there ..




www.houseforsaleinkualalumpur.com
jessy123
post Feb 16 2011, 01:02 PM

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QUOTE(UFO-ET @ Feb 16 2011, 11:57 AM)
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
*
IMO, in good or bad times, there will always be demand for rental of low cost flats..more so in bad times..however. having said that, managing this type of tenants is a huge challenge..and with so many units, you really need to do this full time or get someone to do it for you otherwise it will truly be a nightmare..

having bought so many, if the buyer decides one day he wants to offload, another challenge awaits him,IMO..



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