Comments on: True Value of RM10,000

By: DC

DC — Wed, 06 Apr 2011 00:52:49 +0000

Hi,

Ok understand your point. This is debatable so there is no right and wrong. Just think more of “what if…” You may be able to benefit more when that happens.

Cheers!

By: CKWong

CKWong — Tue, 05 Apr 2011 18:33:41 +0000

HI,
My dear friend, our food cost/living cost has continue to rise much faster than our salary incremental. So in long term, saving rate will continue to dropping pulling down affordability. You can’t wait for govt to intervant to save us at the end of the day. I would prefer to save myself using my own way. Happy Investing.

You cannot Grow Land..CK Wong & MY RiCH DAD

By: DC

DC — Tue, 05 Apr 2011 04:23:47 +0000

Hi CK,

I disagree with you to a certain extent by saying property price will gradually increase and affordability and saving continue to drop. Property price will increase more when affordability and saving go up. No doubt foreign buyers will come in to buy more properties, pushing out the locals out of their reach. But it is very important for locals to earn more money for properties to increase! I believe this will happen with more people in Sabah getting more highly educated and able to get better paying jobs.

Notice when affordability and saving drop to unsustainable levels, where locals can totally not afford to buy houses, government will come in to intervene. Measures such as Seller’s tax, restriction on foreign buyers.
Happen to Hong Kong, Singapore, China etc.

By: CKWong

CKWong — Mon, 04 Apr 2011 20:44:15 +0000

Hi,
Cost of living will continue to rise. Property price will gradually increase and I believe affordability and saving will continue will drop. Home Owner also will drop. At the end the rental market will be the main choice. So whether you like it or not. Make your best afford or..I can’t help much also. Happy Investing.

You cannot Grow Land…CK Wong & MY RiCH DAD

By: Jc

Jc — Sun, 03 Apr 2011 06:17:54 +0000

At this time, it is so difficult to buy a house. I’m from KL, the cheapest house i could find is an apartment which cost around RM200k++ onwards. Cost of living is very high already. I guess it is too late for me to buy a property now. Not much of profit i can get back.

By: CKWong

CKWong — Sun, 16 Jan 2011 20:21:23 +0000

HI,
Its depend on furnishing & renovation inside the unit. Happy Investing.

You cannot Grow Land..CK Wong & MY RiCH DAD

By: CKWong

CKWong — Sun, 16 Jan 2011 20:20:27 +0000

HI,
The price is ok. But its BUMI-LOT!! Normally I dont advise investor to consider bumilot. Happy Investing.

You cannot Grow Land…CK Wong & MY RiCH DAD

By: Terence

Terence — Sun, 16 Jan 2011 15:06:07 +0000

How abt the rental return? Any idea?

By: Terence

Terence — Sun, 16 Jan 2011 15:00:55 +0000

240k, 2borneo condo,bumi lot, 1000sq,with parking, 3flr. Is this price resonable.

By: David Tang

David Tang — Sat, 20 Nov 2010 01:24:29 +0000

Hi,

Sabah definitely has fewer gangsters, as compared to, erm..though I hate to say this, Sarawak. My friends who do business in KK say they don’t encounter as many gangsters and road bullies in their daily life in KK than when they were staying in Sarawak. I stand corrected by this statement.

David