5 Reasons Why Malaysian PR and Singaporean Lose Money Buying Property in Malaysia

  Рет қаралды 5,760

Faizul Ridzuan

Faizul Ridzuan

Күн бұрын

Did you know most Singaporean or Malaysian PR in Singapore struggle with their investments in Malaysian properties? Watch the full video and discover 5 reasons why Malaysia PR and Singaporeans in Malaysia lose money in property.
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Пікірлер: 20
@janchoo84
@janchoo84 9 ай бұрын
Thank you very much for the advice 👍👏
@davidong4785
@davidong4785 6 ай бұрын
Those who fell for the the ideal that it is cheap is buying it out of greed. We have to consider , mortage loan interest, taxes, inflation, depreciation of myr against sgd against basic potential gain base on pass 10 years record and considering percentage of house ownership as of malaysia's or johor's local population. If the home ownership is high, forget about it.... there is no value and also a little too hard to land a good tenant for a substaintial period of lease. Next to consdier if the price is in bubble then you have to use the median annual income and divide agaisnt the envelope cost or the property you are looking at, is result is between 4 to 5 then the price is not in bubble. If it is higher than 5 i will not buy. If you are looking at johor, then you hve to use johor median annual income as a better reference.
@Carolinapetroska
@Carolinapetroska 2 ай бұрын
But unfortunately foreigners can only buy properties at 1 million RM and more so all those interesting points cannot be applied in the strategy since the government wants us to pay more.....
@ecegani007
@ecegani007 Жыл бұрын
Thanks for the video. but singaporeans cant buy property less than 1M right brother Faizul. Could you please clarify on this ?
@fidiyanajames3698
@fidiyanajames3698 9 ай бұрын
Bro not really...certain project exceptional we can buy...I just bought one for 435$k
@YewhuiHong
@YewhuiHong 6 ай бұрын
@@fidiyanajames3698medini area are leasehold . 99/130. No restrictions to foreigner
@Surbana2
@Surbana2 2 ай бұрын
@@fidiyanajames3698 I wonder how you can purchase that property. Can reveal where is the location u refer? the min requirement set by MY gov is RM1 million (some states) Some states such as KL is RM 2 millions.
@grownholll1683
@grownholll1683 9 ай бұрын
Is it still worthy for Malaysians who ae working in Singapore to purchase unit for rental ( paying minimal amount at least 10% for downpayment)?
@davidong4785
@davidong4785 6 ай бұрын
Honestly, I do not think it is worth it. There are better options in other countries. 1.) We have to consider taxes, mortage loan, inflation, depreciation of malaysian ringgit . 2.) State median annual income against envelope cost of property 3.) % of House ownership in the state which you are buying the property. If the house ownership in that state is high, then you can forget about it, it will end up like china where a lot of people has more than 1 property. And Malaysian law, has restriction on the ratio on foreigners : local ownership of land ( properties with land). So in buying property we have to count of risk, did we get a good landing price or we had bought a property where price is within bubble range and we also hav3 to consider how easy it is to liquidate. Then after consider the potential against and match it against the risk.
@ptaeiy
@ptaeiy 6 ай бұрын
@@davidong4785 He is Malaysian, not Singaporean, so the calsulus is different for him than for you.
@ptaeiy
@ptaeiy 6 ай бұрын
For a Malaysian it should be a good investment to buy high capital appreciation potential properties in Malaysia. You are going to stay and grow old in Malaysia I presume, so the RM will be your currency. By working in Singapore you are maximizing your take home pay. Put some of that extra money into Real Estate. It's the no 1 investment for generational wealth savings in my book. Here's the simple pros and cons of a 10% down mortgage. By the end of that 30-35 years term, you would be paying the bank at least 2x the amount you borrowd if you go with the simple basic term mortgage. The only good thing is your initial outlay is only 10% and you would have a fixed monthly payment till maturity. If you go with the Flexi loan, where you can make EXTRA monthly payments towards your mortgage, you would pay off the loan earlier and pay less in total interest. A general rule of thumb is, if you paid a month's worth of extra payments per year, you would pay off the loan at about 5-7 years sooner. If you did decide to go with the Flexi loan make sure you make regular payments at the beginning of the loan so as to make the most positive impact to the interest portion of your monthly payments.
@ptaeiy
@ptaeiy 6 ай бұрын
Hmm hello. Are you a Malaysian-based realty agent? I'm looking to buy in Iskandar Puteri. Please respond if you read this
@KPPO200
@KPPO200 3 ай бұрын
only aim sunway, horizon hill, eco botanic, uem project in Iskandar puteri. The rest abit risky.
@ptaeiy
@ptaeiy 3 ай бұрын
@@KPPO200 Thanks buddy.
@candosqdawn6196
@candosqdawn6196 6 ай бұрын
Is purchasing condo near rts a good buy? As a foreignor
@KPPO200
@KPPO200 3 ай бұрын
depend on the price. Some of the condo project get consent which foreign eligible can start from RM500k for 2 bedroom.
@DonPedroII-uc9pd
@DonPedroII-uc9pd 3 ай бұрын
Where to find info for such projects 😅? Thanks
@KPPO200
@KPPO200 3 ай бұрын
​@@DonPedroII-uc9pd One of it was near to the Larkin, the project name was Larkinton, developed by WCT who was subsidiary of Pavilion. It will be a large township with mall, convention center and office lot. Foreginer can buy start from RM4xxk which means you can take the 2 bedroom unit with price tag of RM440k with 1 carpark.
@KPPO200
@KPPO200 3 ай бұрын
@@DonPedroII-uc9pd If you interest with other project, try look for multiple agent, because some agent will push selling you for the expensive project because they know you can afford it.
@KPPO200
@KPPO200 3 ай бұрын
@@DonPedroII-uc9pd another one is the central park by country garden (China developer project) You can purchase this one with RM5xxk. Both Larkinton and Centralpark are freehold. These are just a few.
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