Rotikok:
Yup, many empty talk, simple question to you, at what price level, without rental income, you will think the price is right to get in? Or simply you think no rental income, give u free also dont want?? I knew there is one type of investment way using discounted cash flow method, under this type of method, many shares that do not even generate dividend will means no value at all....but in reality, there is still intrinsic value attach to the physical asset of the company.
At what price level, whether it is appropriate to buy, what to buy, etc are all part of property investment processes. I won't bother to put them down here. It will be too many words. And I don't think I am here to give free lessons. Neither am I an expert. No matter what I say or whoever says, there will surely be people who disagree. But I know enough, have learnt from many good people in the past few years, and confident on what I should spend on. You can read on Internet or go learn from someone you feel comfortable with.
Your rental as hedging is really sound quite nice, come on, medini is not in the desert, rent it rm500 per month, i guarantee got ppl want to rent from you. But do u want it? Rm500 as hedge each month...u want? It seem like you had linked oversupplied to no demand at all....really?
You don't sound convinced. Then feel free to reject my view. I was only describing why I think rental returns form an important part of property investment. If that is not the case, then tell all the hundreds of thousands in the world why bother renting out your property? Just buy, keep, and hope to sell at profit next time.
Precisely. At RM500 a month, will owner want to be a stupid servant? So is this a good investment? No. People have said many times rental returns in Johor is pathetic. Those who bought at much cheaper price in the past are probably ok. But if you bought at RM750psf and above, hoping to rent out or if cannot rent out, like you say, just keep and hope to make money through capital appreciation, go calculate yourself if you are safe in your investment.
I didn't say oversupply means no demand. Where did that come from?? But oversupply AND no demand is a formula for disaster. Medini is like that.
Im still standstill on my suggestion, disregard rental, buy it cheap enough to the point not much to loss, and hopefully sentiment change and able to gain on capital appreciation and forex difference.
I didn't say this is a wrong strategy. You can refuse to depend on rental income provided you got it CHEAP. That's the condition. Or if the property you paid for forms only a small % of your wealth. My previous argument is based on those who have bought their properties in recent times, which is not cheap. How cheap is cheap? Actually cheap is not a good word to use. It's how attractive it is to the market.
Yes, you are going to questioning me whether my suggestion sounded? Like few years ago, nothing to suppport my view and the new launch price is still going up, make me sound im very wrong. This time, still no, i have nothing to back my claim, but do say me wrong when the time comes. Maybe by the time come, you are wrong...and wrong badly.
Yes, and I give it back to you too. Maybe by that time, you may also be wrong. And wrong like crazy.
At the end of the day, right or wrong, you decide for yourself. It's your money. Do you want to pay $300k for a Mercedes when you can pay $100k for a Toyota? You decide.
I never believe anyone has the right to say "I'm right, you are wrong". It's very tiring to argue back and forth. So take what you feel is agreeable, reject what you think doesn't make sense.
and Huat!! 
