1. Market timing. There is a book burst cycle Johoreans properties crashed for 12 years from 1997 to 2009 before rebounding. 12 years of downturn will be compensated by 12 years of upturn
Johoreans property only took off in year 2010 So the boom will last till year 2022....4 more years of upside for landed houses only (not highrise condo)
2. Neighbouring factor The Sing Dollar is now 1 to rm3.05
And one third of Johoreans work in Spore. So the purchasing and rental power is strong
3. Pricing Johoreans house price is one ten of Spore. One third of Kl or Penang. So if you work in All Banks, Ikea, McDonald, KFC, Tnb, TM, for the same uniform wages your standard of living is comfortable due to lower house prices. And Jb got little toll booths on it's highways except for Plus
4. FDI AT RM353 Billions the Jobs creation in Jb is dynamic. Vs, Skpres, Hershey, Rapid and Microsoft are here Highest FDi beats Selangor, Penang or Sarawak hands down easily
5. Tourism Johoreans will be the Orlando of Asia with Legoland. Desaru ocean Park. Hello Kitty sanrio. Jpo. Sunway Pendas 2 theme parks and many others
Bangsar a double storey house cost only 30,000 ( in the mid 70's ). SS 2 a single storey cost less than 20,000. 40 years down the road. Bangsar hpouse is price above 1 Million plus. SS 2 single storey price above 600-700K.
Shares not everyone can hold for 30 -40 years. People tend to take profit on their shares { every now and then } Just my personal and alternate view on the above topic
Posted by okdoke > Dec 27, 2018 10:25 PM | Report Abuse
Calvin, Why did you say " now don't. do anything just sit still and watch". Kindly elaborate. Knowledge + action = result. If no action, no result.
There is a time for everything under the sun.
These are the reasons why we should not do anything now:
But let me qualify the statement. Unless you are buying for your own use as a necessity or if you can get one at 20% discount from Johor High Court or some distressed sale from owners.
Or else there is nothing cheap on offer now. In JB High Court there are syndicates who won't let you buy cheap as they have cornered all cheap auction properties now.
You might get one with 10% discount if you are lucky. Even so you might not get a Bank loan (some who bid successfully from auction later got their 10% deposit forfeited due to Banks rejecting their loan application
So wait first since market is tough. See OTB also didn't want to play in bear market.
For those who bought early and bought cheap there is the support of good rental yield of 10% to 15% easily. For those who buy now at current prices the rental yield is only 3% to 4% for landed houses
Very unintelligent comment on real property investment by the author loh...!!
Property is one of the very best investment vehicle for ordinary folks it can protect against inflation, it is a force savings and most important it is a wealth creation assets for the long run loh...!!
Generally People should think of at least getting his 1st property, then only think of equity investment loh...!!
In property people is willing to hold 10, 20, 30, 50 years disciplinary whereas in share some people hold 1 yr also cannot tahan loh...! Why like that leh ?? Bcos sharemarket create bad influence due to its activities mah....!!
Hold for 10,20,30,40,50 years? You should do that for equities as well.
Cant do it for equities? Well, that person deserve the lower returns due to their bad discipline, and should go buy a house.
=== stockraider Very unintelligent comment on real property investment by the author loh...!!
Property is one of the very best investment vehicle for ordinary folks it can protect against inflation, it is a force savings and most important it is a wealth creation assets for the long run loh...!!
Generally People should think of at least getting his 1st property, then only think of equity investment loh...!!
In property people is willing to hold 10, 20, 30, 50 years disciplinary whereas in share some people hold 1 yr also cannot tahan loh...! Why like that leh ?? Bcos sharemarket create bad influence due to its activities mah....!! 29/12/2018 12:54
Very unpopular opinion in Malaysia. But I like it.
Property investment takes up a huge chunk of capital from an individual,for a long period with little certainty that a future buyer will buy it from you when there are other similar units available.
Money is stagnant in one place and not liquid. The hassle of obtaining a property and disposing it is tedious and time-consuming.
Especially now, one cannot simply flip properties as there is new tax on property.
But of course, if one doesn't buy a property despite capable of owning one, he/she will be subjected to endless queries from family&friends.
I think not that true loh....!! Most people make monies from property mah...!! This property is your longrun trusted friends mah...!! Thus buy your 1st property then only look into investment in stockmah....!!
Posted by enigmatic > Jan 7, 2019 02:04 AM | Report Abuse
Very unpopular opinion in Malaysia. But I like it.
Property investment takes up a huge chunk of capital from an individual,for a long period with little certainty that a future buyer will buy it from you when there are other similar units available.
Money is stagnant in one place and not liquid. The hassle of obtaining a property and disposing it is tedious and time-consuming.
Especially now, one cannot simply flip properties as there is new tax on property.
But of course, if one doesn't buy a property despite capable of owning one, he/she will be subjected to endless queries from family&friends.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Icon8888
18,659 posts
Posted by Icon8888 > 2018-12-27 17:44 | Report Abuse
Too long !!!! Make it shorter lah
(I have yet to read)