My wife and brother both bought property this year, I bought first property last year, might pull the trigger on 2nd, but on a medium cost as not to overleverage, property is still a side hustle for me, my job is my main income and stocks being my main investment vehicle for my effort wise, making 8-9 % with 4 more months to first year, hence it being the focus of my efforts
Excellent podcast Sean. Keep it up. Agree on the rental part, as an investor am feelling it that rental is getting higher, as long as your property is purchased at the right price point along with its USP. I owe Faizul Ridzhuan thanks too, because from his free class that I managed to attend, he reviewed the property that I plan to buy and gave it an A. That gave me the courage/push to buy 2 at the same place... I spent money on doing up the rooms...2 months after VP, my rooms have never been empty, and demand by potential tenants is non-stop. A positive cash flow of nearly RM500 nett each lol...anyway room rental has its own challenge, but if you are a good owner..and take care of the house in terms of cleanliness etc..hardly any issues and my tenants are all mostly very happy.
Sellers' prices of secondary market must meet market expectations or waste many years in wait for a buyer just to realize valuation prices. I've learnt this lesson and time is money
this video was uploaded last 9month ago, and FR said that to predict US interest rate cut. it really happened this month.. FR was totally right.. wow. tabik spring.
We bought The Zest Kinrara together with FAR back in 2009 for investment, and seeing FAR has grown his business so much from then till today.. All the best FAR.. (still have a copy of your WTF .. lol)
The censorship in this video is just....HAHAHAHAHA omg. But thanks Sean for bringing FR back to the show! As always, listening to him help to gain some perspective, insight & clarity! So thank you for making it happen!
bro. how come say NPL is low, where can access such data in Malaysia? i noticed now many second or 3rd lelong although the property is located at prime location.
Ask faizul ridzuan if you need to sell an affordable housing at the same price you bought, youd have to bear the interest paying monthly to the bank and receive 0 capital appreciation. Affordable housing yet you have to loan from bank to pay the house, do you think it makes sense? Id say if it really for the low class income, its more like you dont have to buy the house, just renting at a subsidized rate. Dont you think the rumawip is really good even if you rent it or sale it at market price? it improves property ownership for a lot of ppl, it allows the low cost income to actually move up the income ladder too. Id say the major difference is you need a bank loan to own affordable house hence its not really what faizul want to insuaniate. If you need the low income to take a bank loan and still sell the house at the same price and still think you cannot sell the house at market price without saying its not morally a right thing to do then i have nothing else to say i guess. What do you think?
I dont understand..if its Bullrun year coming, i have a property which located at not a good location, im looking at to flip it and buy a better one at better location better price?am i doing a right decision?
@iherng hi understand that you have done hundreds of review on different property to establish whether it is investment worthy. Any particular area/criteria/parameter that you will review to gauge the feasibility of property as investment worthy ( one that i know is rental income vs installment )
How about Kelantan? I think 2024 will be good time to invest Kelantan. After completion of ECRL, I believe Kelantan is the best place and most potential place to invest.
I have question for rental business , can i buy house use company name ? if can or its better under my name and collect rental under company? hope you can advise me . Thank you
better to buy house under your name because bank can give loan around 50%-60% only if a company buying residential property while you can get 70%-90% loan if buy under your name
Buy property under your name because most businesses come with risks & liabilities (unless you are only risking other people's money). If your business fails, creditors can seize your company assets but can't go after your personal assets so you still have control over what to do with your private property.
It’s true that Penang ppl are smart with money. My Penang bornt finance HoD told me they are the kind of ppl who will cucuk char kuey teow seller if their food is bad, KL ppl will just diam diam and eat. 😂 easier to get kl ppl to spend money.
the sound volume coming out from the mic fluctuate up and down throughout the video, is it possible to improve it next time? Thanks, still a big fan of this channel !
@@iherngyes, but you can also put a limiter or compressor on you mic tracks. Infinite ratio, probably -30db threshold lowest possible attack setting, and about 100ms of release. Then use makeup gain to make it loud again 👍
as a penang guy who was a member of one of the gym you mentioned. that is bullshit. that gym couldnt even bother to maintain their machine rusting, dont even need to talk about sabun.
yes, IPO before build and sell is introduced. FAR's business model is all about exploiting market inequality and connecting developers to buyers. With build and sell, a model used by most developed nations, there will be more free markets directly between developers and buyers.
With slowing population growth, the guest claiming property demand will be there coming 10 years is questionable. The host wearing shorts with one leg up on the chair offers such a typical malaysian coffee shop vibe lol..
Houses and condos are for living … not for goreng the price … u says u pity the young generation but u don’t have the feeling and consciousness at all … u feel u are clever to know how to do business coz u are rich ady
Well that’s why we don’t invest in affordable homes. We stick to products within the open market based on the concept of capitalism. Then may I ask are you getting salary or business income? Within your argument, you should not take because humans are meant to help each other…
![[S02:E24] Ini cerita sebenar INDUSTRI KESIHATAN MALAYSIA](http://i.ytimg.com/vi/zShoFXwPMaE/mqdefault.jpg)
My wife and brother both bought property this year, I bought first property last year, might pull the trigger on 2nd, but on a medium cost as not to overleverage, property is still a side hustle for me, my job is my main income and stocks being my main investment vehicle for my effort wise, making 8-9 % with 4 more months to first year, hence it being the focus of my efforts
Excellent podcast Sean. Keep it up. Agree on the rental part, as an investor am feelling it that rental is getting higher, as long as your property is purchased at the right price point along with its USP. I owe Faizul Ridzhuan thanks too, because from his free class that I managed to attend, he reviewed the property that I plan to buy and gave it an A. That gave me the courage/push to buy 2 at the same place... I spent money on doing up the rooms...2 months after VP, my rooms have never been empty, and demand by potential tenants is non-stop. A positive cash flow of nearly RM500 nett each lol...anyway room rental has its own challenge, but if you are a good owner..and take care of the house in terms of cleanliness etc..hardly any issues and my tenants are all mostly very happy.
Can you expand on your rental a bit more? Its a house renting out rooms?
sound quality not good.
Sellers' prices of secondary market must meet market expectations or waste many years in wait for a buyer just to realize valuation prices. I've learnt this lesson and time is money
Is there a way to bet on the outcome of whether FAR Capital is going to IPO or not?
If no, someone should put on polymarket.
Love this guy and how he explains things!
Yupe. All facts and figures:)
Thanks for watching!!
Agree on last statement. We do have smart people in our central bank.
Things I learned:
1) 🅱️ullsh1t index
2) Oversupply if price over median
this video was uploaded last 9month ago, and FR said that to predict US interest rate cut. it really happened this month.. FR was totally right.. wow. tabik spring.
Isn't he just crazy awesome!!?
Yes Bank Negara has always been run by good people.. through all the decades since i was living in malaysia.. from1967…
We bought The Zest Kinrara together with FAR back in 2009 for investment, and seeing FAR has grown his business so much from then till today.. All the best FAR.. (still have a copy of your WTF .. lol)
Rental up, subsale price up probably for mid tier properties...not high or low end ones..
If 2024 is a tough year economically, can't see why the property prices can go up
wah couple of times nama Johor mentioned, i still think until tua cannot afford to buy property here . (currently working in JB)
The censorship in this video is just....HAHAHAHAHA omg. But thanks Sean for bringing FR back to the show! As always, listening to him help to gain some perspective, insight & clarity! So thank you for making it happen!
Wonderful insight! Just what i was looking for to give a clearer picture of malaysia property market.
Gents. Really enjoyed listening to you guys! Lovely insight!
Thanks for watching Henry!!
bro. how come say NPL is low, where can access such data in Malaysia? i noticed now many second or 3rd lelong although the property is located at prime location.
Finally! The one we have been waiting for!🔥
Hope you enjoy it:)
Ask faizul ridzuan if you need to sell an affordable housing at the same price you bought, youd have to bear the interest paying monthly to the bank and receive 0 capital appreciation. Affordable housing yet you have to loan from bank to pay the house, do you think it makes sense? Id say if it really for the low class income, its more like you dont have to buy the house, just renting at a subsidized rate. Dont you think the rumawip is really good even if you rent it or sale it at market price? it improves property ownership for a lot of ppl, it allows the low cost income to actually move up the income ladder too. Id say the major difference is you need a bank loan to own affordable house hence its not really what faizul want to insuaniate. If you need the low income to take a bank loan and still sell the house at the same price and still think you cannot sell the house at market price without saying its not morally a right thing to do then i have nothing else to say i guess. What do you think?
I dont understand..if its Bullrun year coming, i have a property which located at not a good location, im looking at to flip it and buy a better one at better location better price?am i doing a right decision?
It all depends on the price. The price you’re buying and the price you’re selling. Well cutting loss is always a tough thing to do. All the best!!
Really love how you guys brain the market, kacang putih me still seeing from a tiny hole, hopefully one day can see things from a wider perspective. 😮
Learnt some good info from this guy's sharing. Thank you so much
Glad it was helpful Nas!!
@iherng hi understand that you have done hundreds of review on different property to establish whether it is investment worthy. Any particular area/criteria/parameter that you will review to gauge the feasibility of property as investment worthy ( one that i know is rental income vs installment )
How about Kelantan? I think 2024 will be good time to invest Kelantan. After completion of ECRL, I believe Kelantan is the best place and most potential place to invest.
Oowh good question. I’ve never thought about Kelantan as a location for investment before. Let me do some research…
Maybe can do research for Terengganu as well. Currently the facilities are quite better than Kelantan IMO
i went KB few times this year. there saw some empty hotel building, cheap rent..so KB is not for me.
The comment of Penang is so damn right hahahaha
Hahahaha. It’s crazy hahaha:)
What about Tanjong Malim?
41:00 prediction for 2024
Very good insights. I do notice a hike of rental rates nowadays as well.
A quick question.. can JMB restricted tenants based on nationality or foreign workers? Just allowed local tenants.. ?
what about kuching market?
Awesome podcast!! Drop gems again and again!
JB growth is due to the Singapore effect as a main driver.
Congrat for owning a Patek bro. Now everyone here know u have a Patek. I loves watches too.
Woo hoo!! It's gorgeous;)
Thanks for sharing.
Amazing
Thanks for this guys! Great content
Glad you enjoyed it D:)
Solid podcast guys! Super informative content coming from two self-made taikos 💯
I have question for rental business , can i buy house use company name ? if can or its better under my name and collect rental under company? hope you can advise me . Thank you
better to buy house under your name because bank can give loan around 50%-60% only if a company buying residential property while you can get 70%-90% loan if buy under your name
Buy property under your name because most businesses come with risks & liabilities (unless you are only risking other people's money). If your business fails, creditors can seize your company assets but can't go after your personal assets so you still have control over what to do with your private property.
JB house price keep going up
Especially for the past 6 months.
Finally, the long anticipated episode.
Hope you enjoy it Michael!!
Predicting the macro sounds nonsense to me. Anyway, good video!
It’s true that Penang ppl are smart with money. My Penang bornt finance HoD told me they are the kind of ppl who will cucuk char kuey teow seller if their food is bad, KL ppl will just diam diam and eat. 😂 easier to get kl ppl to spend money.
ah im happy for your patek iherng
Shhh hahahaha. Appreciate it:)
A very good review and insights. Good to look at data and comments on Johor, where many of us are not bullish.
Johor expected to be doing well.
the sound volume coming out from the mic fluctuate up and down throughout the video, is it possible to improve it next time? Thanks, still a big fan of this channel !
This is the first round we let the guest hold the mic themselves, so maybe we should put it on a stand instead. Thanks for letting me know:)
@@iherngyes, but you can also put a limiter or compressor on you mic tracks. Infinite ratio, probably -30db threshold lowest possible attack setting, and about 100ms of release. Then use makeup gain to make it loud again 👍
as a penang guy who was a member of one of the gym you mentioned. that is bullshit. that gym couldnt even bother to maintain their machine rusting, dont even need to talk about sabun.
Sound very muffled
Nasib baik I didn’t get Penang..😅
Well I think there are still opportunities lah. Just that Mr Faizul has better deals in KL and JB.
8 conlay for eg, hehe sore eye
A lot of insights and info😮
The censor beep took me off guard 😂😂
We tried to keep most of the conversation but some things just not appropriate hahaha!!
Thanks for watching:)
Seriously FAR capital going to list in 2 years time ???
Yupe!! I’m so excited for them:)
yes, IPO before build and sell is introduced. FAR's business model is all about exploiting market inequality and connecting developers to buyers. With build and sell, a model used by most developed nations, there will be more free markets directly between developers and buyers.
49:39 Great to know that we have a good central bank 😄👍
With slowing population growth, the guest claiming property demand will be there coming 10 years is questionable. The host wearing shorts with one leg up on the chair offers such a typical malaysian coffee shop vibe lol..
Houses and condos are for living … not for goreng the price … u says u pity the young generation but u don’t have the feeling and consciousness at all … u feel u are clever to know how to do business coz u are rich ady
Well that’s why we don’t invest in affordable homes. We stick to products within the open market based on the concept of capitalism.
Then may I ask are you getting salary or business income? Within your argument, you should not take because humans are meant to help each other…
go back your cave life man, even during ancient time the animal or tribles will fight against each other to survive.
LOL ........
Ayo wearing short to interview CEO?
I was interviewing a friend;)
@@iherng show respect to your friend as he did show well respect to you by well dress
Can’t change an apek
2024 Will Be Another Good Year 🐂 Bull Run Coming 😍 Do Buy Property At Right Price 😬
7:58 👏👏👏
Bad sound
14:32 😂
Whoever come and go 😅 minute 24
Handsome 😊reminds me of my ex boyfriend from kashmir
Pls dress up and sit properly
Agreed 🤝