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...
Junior
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...
Newbie
Threadstarter seems really confused... and willing to move house frequently?
Very hardworking!
Junior
Ha ha....just voicing out my thoughts, so it seems confusing to u.....Originally Posted by Wolverine23
Newbie
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!!!
Junior
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...
Newbie
no need to check feng shui. As long as you are happy n lucky, that's good feng shui.
Senior
It is better to use the expense incurred in the moving house, legal fees, stamp fee, etc., to help to renovate the existing home.
Senior
If you havent even done that, you should drop the idea of up sizing your debt and living cost.
$1m opportunity cost = $3000 per month
$3m = $9000 per month or $300 per day
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Junior
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?
Junior
I do have some savings plan for their uni but prob only enough for local education....problem is if they need to study abroad....actually the JB house was bought initially as investment for their uni too....
Newbie
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.
Junior
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...
Senior
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.
Junior
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.
Senior
build in area doesnt make a landed property luxurious, it is the open space garden that make living in landed special
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Newbie
live in hdb also can have very big garden , high ground with big field unblock = luxuruy?
Newbie
Wow, that's great. Congrats,
Junior
Congrats! That is one good thing about landed...the ability to rebuild to one's liking...
May The Force Be With You...
my friend why are you sho sho sour?
Newbie
Honestly, I feel the same... we should be happy for selectar...but instead...nvr mindmy friend why are you sho sho sour?
Newbie
that guy thought Ringgit la. Ignore him.
Newbie
his house not your house.
Newbie
u live in ISKANDAR BEFORE? or u just like to talk?
Newbie
malaysia is the way to go.
spore landed are all overpriced for that puny piece of land.
Junior
Yes, just got my State consent! So happy!!! My Austin Height semid is like 10x cheaper than my Sg terrace...Sg property does seem overpriced...
Global recession is coming....
Cannot compare like that lah....
Otherwise might as well go Africa, cheaper by 100x?
Newbie
Many good deals in Ledang Heights also.
20sqft land enough for u? for 2-3 mil
Newbie
btw, your state consent took how long? My last 3 took 2-3 months.
Newbie
you can drive to Africa?Cannot compare like that lah....
Otherwise might as well go Africa, cheaper by 100x?
Junior
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...
Posting Permissions
Reply With Quote
