Value of TIME

Hello 2012…times flies without knowing it’s another new beginning for all of us. How many of you achieve your target set last year? How many of you have set a new target this year? How many properties you want to acquire? What property and what returns you expected from it? Its a million dollar question which hard for you and me to answer and solve. Year 2011 was really an interesting yet exciting years for me. Everything has been plan is implemented accordingly. My portfolio is still on positive growth rate and expected to slow down this year. Market has been a bit unstable. But will properties prices will continue on uptrend like 2009, 2010 and 2011? It’s unknown. I personally think it is the time for me to look into more challenging portfolio which promise more stable rental yield and capital appreciation.  

Last few days, I saw a lot of my friend who are so happy celebrating their new year and upcoming more holidays. I love seeing those people enjoying and in fact I’m bit envy with them. It’s seemed like they are really celebrating upcoming new years and expecting more easy life rather than more difficult life!! Sometimes I always ask myself where the hell they have the money to enjoy. Party here and there… Drinking all night long? Are they paying themselves or it’s free? Anyway maybe I’m getting old that why don’t know how to enjoy my life.

My dear friend, 2012 would be the break point for overall property market. This would be the time where middle class group will continue to fall into lower class group if they don’t start invest. High class (the rich) would be continued to climb easily due to the fact that they are loaded with cash and properties. So talk about middle class, have you start investing? Do you notice the success story for the property investors are mostly similar at all time? Whether your grandfather time or even your great grand father time. Last night I met one friend, he is 25 years old sharing is property story with me. He told me that his grand father bungalow house in Damansara was bought at RM18K back in 1950s and was sold for RM5M last few years. My own land investment was bought at RM4K per acres but was value at RM25K in less than 5 years. My friend roadside commercial land bought at RM60 psf back in 2000, is collecting RM0.40 psf rental per month (8% rental yield). My business associates who bought commercial building at Damai at RM550K (4 storey corner) in 1993, now collecting RM8K per month valued at RM2M easily. He is full time coffee shop supporter now. So what about you? Are you entering more easy life or more pressuring life? Ask yourself.

Partying to celebrating your growing portfolio is more meaningful than you follow the crowd to celebrate the “unknown/ unstable / unforeseen” future.  Always remember yesterday is history. Today is mystery. It’s a loser day for you if you don’t start investing now.

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Tagged as: 2012, Damai, Land, rental Yield, Steady Rental Yield