if you want to buy Malaysia property, buy it for own stay only dont bother about renting as the rental market is pathetic. better off putting the money in MY fixed d.Originally Posted by yaozong7
if you want to buy Malaysia property, buy it for own stay only dont bother about renting as the rental market is pathetic. better off putting the money in MY fixed d.Originally Posted by yaozong7
I tot KL more vibrant?Originally Posted by Jadey
I know JB is pathetic.
My in laws got a 2 BR pte apartment there. Rental only 650 ringgit.
Pathetic.
I ask why they want to let out, they say if leave it empty afraid of burglers and vandals.
Have tenant better as there is someone to maintain the place.
650 rm may not be able to cover the cost of reno etc wor....plus tenants can rob ur hse too....chasing for rental payments no joke as well....Originally Posted by buttercarp
btw, leave the hse empty and since oredi empty, y scare of burgler and vandals when there is nothing to steal or vandalise? hahaha
That's what we told her, but she said the tenant is a good one.Originally Posted by devilplate
My mother in-law got to know him when she took his taxi in JB.
(btw, my mom in -law likes to talk to strangers and that's how she got involved in the car scam)
Now he is working as an SBS bus driver and his wife a cashier in NTUC fairprice.
Now he got some savings and wants to buy over the apartment.
Yes, JB properties not for rent 1. It's more to follow what the indonesians do to our District 9 luxury condo. Leave empty & flip on TOP. But must have holding power to leave the JB properties empty because rent is too low & renting may devalue the property for future flipping.....hahaOriginally Posted by Jadey
since got no rental prospect at all.....y buy JB ppty?Originally Posted by yaozong7
might as well rent one in JB instead?
those indon diff....they dunwan to rent out sg ppty not bcoz we hf same underlying problems as JB mah
if SG ppty cannot buy to let out, i wun touch at all hor
instead of buying a JB ppty.....put 250k RM to earn 3% FD can get u 625RM /mth interest....den use it to rent a 650RM 2bdr in JB better rite?
buying strata title condo is worst. nobody cares about up keeping the place and owners are always late is paying their maintenance.Originally Posted by buttercarp
KL vibrant yes, but also more pricey as compared to Johor. Rental also weak because they dont have a big expact community.
If you dont have intention to live close to Singapore, can also consider Penang or Langkawi.
Yah JB difficult to rent out, that's y I purchased only for home stay so that I can rent out SG properties to FT in future.....Originally Posted by devilplate
The risk of investing in JB properties for capital gain is higher than SG bcos difficult to rent out. But capital gains can also be quite substantial depending on location of properties. As an eg, I bought my terrace for RM 500K. In phase 2, they are selling at RM 700K. But being more careful with my money, I din dare to invest in a 2nd JB property then.....haha
Hmmm....can u flip at let say 600-650k now since developer selling for 700k?Originally Posted by yaozong7
Originally Posted by devilplate
think hor, m'sia all the time got SSD 1.... donkey years old law...
25% for 1st yr
20% for 2nd yr
15% for 3rd yr
10% for 4th yr
5% for 5th yr
but this tax is on sale's profit, not on sales price... no profit no tax...
I can but the problem is my retirement plan then goes up in smoke leh......haha....How to rent my SG properties to FT for retirement? Keke....Originally Posted by devilplate
Oh yah, there's also a capital gains tax of 10% for first 2 years and 5% for 3rd to 5th year.....
http://www.malaysialoan.com.my/2012/...malaysia-rpgt/
You are in the right industry of Healthcare in SG context. It is obvious the govt and even Mr. Peter Lim is putting money into healthcare. However, healthcare is not a recession proof industry (purely in my opinion only), it is still a positive beta industry, albeit closer to the factor of zero.Originally Posted by chiaberry
rent out your hdb... S$3k/month... convert to MR7.5K... use MR1K (Or S$400) to rent a terrace house in jb... remaining MR6.5K shiok shiok enjoy low living expenses there... what's the problem? cannot rent house in jb meh?...Originally Posted by yaozong7
Actually wat i meant was can u find a buyer to offer let say 650k? Resale market and developer pricing can be very different horOriginally Posted by yaozong7
Greenwich first phase 9xxpsf, developer raised to 13xxpsf but tat doesnt mean those early buyer can flip close to 1300psf now
Ya lor exactly wat i am timking!Originally Posted by ikan bilis
Instead of locking money into jb ppty, y not rent it! Rental yield about 3-4% for jb ppty and mortgage rates is about 4-5%!
no brainer!
Same goes to aussie ppty now....LL is subsidising concubines! Wakaka
Not easy to convince the Mrs leh.......In fact, I have been told to set aside RM 150K for the renovation, so that she can do up the weekend home beautifully..... Haiz.....Originally Posted by ikan bilis
If u can find someone to buy over at 650k now....SELL!!!Originally Posted by yaozong7
Originally Posted by ikan bilis
RM1K for Terrace house, which location?
There is problem, BIG BIG PROBLEM! You know what is the problem?
PROBLEM IS: Such money looks easy to made because come out with 20% down payment, then sit there to collect money from rental. So you see, many people who missed the boat or didn't make money from properties start to get red eye, sour grape, jealous, and start shouting for prices to crash so that they hope they can get on the boat CHEEP CHEEP too and start to earn the so-called "easy money"!
So, govt don't want you to make easy money and also lose votes because many people missed the boat and have been complaining father-mother, so:
- here comes 60% LTV (instead of previously 80%),
- still not enough to correct the property price so there comes 16% SSD,
- still not enough to correct the price so comes 10% ABSD.
- 1 more round of cooling measure, I bet the price sure crash! Ha ha ha! Time to start to pick up durians lor!
Is property money easy? NO NO NO! You still need to take risk!
Easy money and no risk are those who don't come out with their own money, who yet set their own salary package, justifying with all sort of reasons and the people who actually come out with the capital to be at risk can't even change their salaries, and their jobs are just to direct other people to do work!
Originally Posted by CCR
Nothing personal here.Originally Posted by devilplate
Have you ever ask yourself if you are in position to give advise on what when how to buy or sell Malaysia property?
Unless you have personally invested and studied the property market in
Iskandar, if not it might be better to stop pretending like some GURU.
SELL? Why would any sensible investors want to exit when there are so many development happening in Iskandar right now?
Perhaps you should spend more time reading and learning before you speak. And dont get carried away by what others said about you.
No offense. Just my opinion.
Nothing personal but u accuse me of pretending like some guru....lolOriginally Posted by Jadey
Ok i shall listen to other bro and ignore all ur comments from now....got too much time also dunwan to waste on u....wakaka
I say property will increase around 5-10% by the end of this year 2012 unless huge dip in STI and singapore economy, I don't foresee any property crashes once US and UK economy improves.
I recall a similar situation during Year 2009, when the stock market has rally, but ppl is still speculating the property market will continue to crash back to 2005 prices by end of Year 2009. Bull shit.
But the stock rallies, and the property market rally follow so and the property market quickly shoot way abv 2008 peak by year 2010.
If our local stock market is a healthy condition in the remaining on this year and on bull run, i can almost confirm plus gurantee we will not see a crash in property. 100% confirm
We may witness an increase in PPI as early as June/July 2012.
Don't miss the boat, the resale market is still dead now, and there are more and more firesales. It's a good timing to enter the market and the property market will rebounce earlier than we all expected.
The reason why the resale and luxury market is dead is not because of external factor that is happening in the US or UK or Europe, but the cooling measures. And the last CM was introduced during a time of economic uncertainty with the whole intent of cooling the property prices.Originally Posted by singaporecondo99
And if like you said, world economy do recover, then there will be more reason for government to will not remove them because it didnt crash the market. In fact is property prices continue to surge ahead without any significant income growth, then get ready for CM6.
I was expecting you to tell me why it is time to sell malaysia property not WakakakaOriginally Posted by devilplate
i oredi said i dunwan to waste my time on u....Originally Posted by Jadey
actually, it's simply because he didn't make any money from gold.Originally Posted by teddybear
wise decision!Originally Posted by devilplate
I dont understand how is he here talking down property investment and asking ppl's advise in the D19 thread on which property to look at in punggol.
so u r saying, when the world economy recovers, stocks going up everywhere, and yet SG property will still go down simply because of gov measures ??Originally Posted by Jadey
does this even make sense ??
I think when the world recovers, the only thing that will go down is gold ! Told you last year dun bet on gold hitting 2000 !
TS's optimistic opinion is based on a precondition that "world economy recovers". Even the lamest analyst will not predict a pty market crash when the whole economy is booming !
If you want to defend your stand, at the very least you should start by "world economy is not recovering yet"
Think his Micro and Macro Economics got mixed upOriginally Posted by amk