Seems to be the start of a downcycle....wondering if I should sell, stay in JB , for a while and buy when it comes furthur down....but a bit risky....cause what if it rises instead.....also still waiting for state consent...
Seems to be the start of a downcycle....wondering if I should sell, stay in JB , for a while and buy when it comes furthur down....but a bit risky....cause what if it rises instead.....also still waiting for state consent...
Threadstarter seems really confused... and willing to move house frequently?
Very hardworking!
not trying to be rude. no hard feelings...
Good thing is that your family is very united and willing to go through the hassle of shifting houses regularly...
For me, the easiest solution is to stay put in one's home and keep buying investment properties.
It makes more financial / investment sense. Also, your home is usually the place which brings you happiness / wealth due to its good feng shui.
Cheers!!!
Yes, staying put is a likely option.....never checked my house fengshui but so far quite happy and lucky staying there....
Probably most prudent not to move since buying now is like buying at the start of a down cycle...
Also should save more money for my kids university....
Just testing the market and exploring my options....will think very hard before making any major decisions...
I asked my banker to do a rough valuation of the Poh Huat corner terrace that I am going to view today and she said 3.4mil! Owner's valuation was 3mil...just wondering if I manage to buy at 2.6mil and do some reno and build a pool, could I profit much 4 years later?
Reno and pool can easily set you back another $200K. Maintenance of pool is no joke too. Easily $200 per mth or you can buy equipment and tools to DIY. Certainly these enhance the resale value of your house when you sell. I find a lot of landed with pools ended up draining off the water as it is seldom used and save the hassle of maintenance.
I think the key issue is your entry level landed. Since the land is small, you probably wanna sell it now or sooner when the building age is still young.
As for moving to JB, I don't think I need to tell you the social security level is over there. There is a reason why property price remains low there for years. Those who invested in Iskandar is feeling the pinch too. Treat it as a vacation house maybe.
Saw the house. Find the interior a bit small and uncomfortable with their altar room as they have an unheard of religion. Think I will pass...
Matthew 8:26
He replied, "You of little faith, why are you so afraid?" Then he got up and rebuked the winds and the waves, and it was completely calm.
Matthew 7:7
"Ask and it will be given to you; seek and you will find; knock and the door will be opened to you.
After 4 months, I finally got all the approvals from URA to proceed with the reconstruction of my house. Have just finalized with the contractor and work will begin in 2 weeks and will take 7 months to complete. The reconstruction will increase my build in area by over 60% and make it more luxurious, my home will be a lot more comfortable after this.
btw, your state consent took how long? My last 3 took 2-3 months.
Looked at Ledang Heights before but no budget leh...nearly bought one around 1 mil rm but owner decided not to sell in the end...after that prices kept going up and up...
Even now, just read that new Tebrau semid are selling for 1.7mil rm now...glad I bought mine already...