ASKING SEAN

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  • Опубликовано: 13 янв 2025
  • Link to join my team in property investment club: bit.ly/3DxoxWS
    In this episode, the audience asked a follow up question about bulk purchases. As he is concerned that normal people who walks into sales galleries are paying the highest price for a project.
    First of all, I've explained quite extensively about bulk purchase. Also, I've indicated that it's still sensible to buy from developer as not all of them will work with bulk purchasing groups.
    As a capitalist, my goal is to look for the best price for that one project that I wish to invest. However, that takes experience. It's just very unfortunate that the market is inconsistent and not transparent.

Комментарии • 63

  • @victorkhong9813
    @victorkhong9813 3 года назад +19

    What you are saying is very eye-opening and the government should come in to regulate this kind of practice, which personally I think detrimental to the market and consumer as a whole.

  • @gkshen100
    @gkshen100 3 года назад +22

    Hi Sean, what are the potential risks to look out for when joining bulk purchasing groups or when considering bulk purchasing opportunities?

  • @ltchuan03
    @ltchuan03 3 года назад +16

    Listening to this video, whole property industry is very messy in Malaysia.

    • @iherng
      @iherng  3 года назад +5

      Well you can always choose to not know and shop as usual David:)

  • @fatty9101
    @fatty9101 3 года назад +9

    So base on Sean’s reply. The answer to Jason question seems to be as such:
    1. Yes.
    2. Yes.
    3. No point.
    Last example is sad for friend

  • @Tiffany-dw1yp
    @Tiffany-dw1yp 3 года назад +5

    Superb as usual! Love your videos during downtime and to educate myself!

  • @edwinng2465
    @edwinng2465 3 года назад +6

    fantastic presentation, knowlegable, impartial. keep it up

    • @iherng
      @iherng  3 года назад

      Thanks for watching Edwin!!

  • @sheikhimraniskandar3774
    @sheikhimraniskandar3774 3 года назад +10

    Some gold nuggets here Sean! Thank you for educating the public with the knowledge you've gained through experience.

    • @iherng
      @iherng  3 года назад +1

      Thanks for watching Imran!!

  • @sanjieev
    @sanjieev 3 года назад +6

    fantastic reply bro; has been exactly my question for some time now, thanks!

    • @iherng
      @iherng  3 года назад +1

      Glad it was helpful Sanjieev. Thanks for watching=)

  • @vineshrajoo2805
    @vineshrajoo2805 3 года назад +1

    Thanks for this in-depth discussion of bulk purchasing. Most of these gurus are located in Kl and Selangor. I don't think there's any in Sungai Petani.

  • @puiyinchai1437
    @puiyinchai1437 3 года назад +3

    Even Sean that already been 12 years in property investment, stil chose to join far cap. It means their research is doing sufficient and thorough research to pick the potential properties before bulk purchasing it. The fee to join far cap is consider hassle free for u to do such research. Same theory goes to tenant management and renovation. If u have time, u can do it urself. If u think u can earn more with ur extra time, might as well sub to other ppl/agency to do it to achieve cost-effectivenes.

    • @puiyinchai1437
      @puiyinchai1437 3 года назад +1

      And also the decision to purchase is in our hand, u invest based on ur risk appetite, even the far cap CEO also keep emphasising this.

    • @lekang8823
      @lekang8823 3 года назад +1

      May I know roughly how much is the fee to join far cap?

    • @adampotter1236
      @adampotter1236 3 года назад +2

      @@lekang8823 lite client:2k
      Premium client:4k+

  • @ckskevin85
    @ckskevin85 3 года назад +14

    The fan remote is killing me...

    • @iherng
      @iherng  3 года назад +2

      Hahahahahahahaha!!

  • @adamleewh
    @adamleewh 3 года назад +6

    Very insightful, and is probably the main reason driving me to join Far Cap.

    • @puiyinchai1437
      @puiyinchai1437 3 года назад +1

      My only concern is that alot ppl joining far capital. Lite member vs premium member. I guess u should go for premium to enjoy more benefit

    • @adamleewh
      @adamleewh 3 года назад +1

      @@puiyinchai1437 agreed. Especially first hand info to book properties. Time of entry seems to be very important. Lite members are delayed

    • @puiyinchai1437
      @puiyinchai1437 3 года назад

      @@adamleewh haha i want to buy too.. This year is great year to enter new property market due to HOC and SPA LA borne by developer. Next year Most probably don't have HOC, and we need to cough up money for MOT. I will consider my purchase of membership as a MOT payments😁

    • @adamleewh
      @adamleewh 3 года назад

      @@puiyinchai1437 that’s one way to look at it! Haha. To me it’s tuition fee.

    • @iherng
      @iherng  3 года назад +2

      Please make informed decisions yea. Thanks for watching=)

  • @alexsim2859
    @alexsim2859 3 года назад +1

    Hi Sean, can you do a review on Sierra Hijauan @ Ukay Perdana? near Ekve

  • @newjourney9220
    @newjourney9220 2 года назад +4

    Beware of developers who jack up the prices for bulk purchase for leftovers units. Developers are not stupid.

    • @iherng
      @iherng  2 года назад +2

      Neither are investors.

  • @bruceyseow8325
    @bruceyseow8325 2 года назад +1

    Great video. 1 question: if far cap could get you a discount of 20%, why wouldn't they just buy at discount themselves and flip it to the market and earn the margin. With their amount of cash, they could easily earn tons of money.

    • @iherng
      @iherng  2 года назад +1

      We are talking about few hundred million here so I'm not too sure. But I'm pretty happy to buy several units from them at discounted prices.

  • @puiyinchai1437
    @puiyinchai1437 3 года назад +2

    Does it mean bhd developer unlikely to have deal with bulk purchaser? Since they are not lacking any cashflow/fund on paper.

    • @Ben-do8ex
      @Ben-do8ex 3 года назад +3

      Seems to be. IMHO I think Sime Darby, Sean ex employer will not be on board such deal. Else Sean would have known of it much much earlier. Likewise Ecoworld, whose project are always popular, will also not be on board.

    • @puiyinchai1437
      @puiyinchai1437 3 года назад

      @@Ben-do8ex thanks for ur opinion bro.

    • @micchok2968
      @micchok2968 2 года назад

      I guess are those small developer.

  • @gigar9000
    @gigar9000 3 года назад +2

    Good sharing Sean!

    • @iherng
      @iherng  3 года назад

      Thanks for watching Gigar:)

  • @RyanHong1989
    @RyanHong1989 3 года назад +4

    U can even demand / nego with developer like ecoworld to custom build industrial factory or warehouse if your company is big enough.
    They can use your company to market their products. U know, nestle has bought a 10acre warehouse here!

    • @iherng
      @iherng  3 года назад

      Exactly!! That's something I hope to achieve one day as well hahahaha!!

  • @joshuadoliveiro
    @joshuadoliveiro 3 года назад +4

    As someone who comes from the car market, the property market freaks me out...

    • @iherng
      @iherng  3 года назад +1

      Yea, I understand how you feel hahaha=)
      Thanks for watching!

  • @falcohor5890
    @falcohor5890 3 года назад +2

    Which property you bought?

    • @iherng
      @iherng  3 года назад +3

      I bought so many hahaha=)

  • @brandonling9663
    @brandonling9663 2 года назад +1

    Now I know why Block A is fully sold. I am buying Block C, at a higher RMpsf :(

  • @gavinlam7721
    @gavinlam7721 3 года назад +3

    Try to reached far cap in email get no response at all 😔

    • @iherng
      @iherng  3 года назад

      If you want, I can help. Do DM me on Instagram:)

  • @michellehejbproperty2793
    @michellehejbproperty2793 3 года назад +2

    Waiting For More In Future thanks for sharing 👍

    • @iherng
      @iherng  3 года назад

      So nice of you

  • @junkeatliew5787
    @junkeatliew5787 3 года назад +6

    Probably this episode need a mandarin version then we can show to our uncle aunty directly to explain the current latest actual situation haha.

    • @iherng
      @iherng  3 года назад +1

      Oowh, that's a great idea hahaha!!

    • @yeezilin
      @yeezilin 2 года назад

      @@iherng got or not ? haha

  • @88desede
    @88desede 2 года назад +1

    Hi Sean I m thinking of buying Danga Bay. Developer has reduced price by almost 50% . Is it worth to go in now??

    • @iherng
      @iherng  2 года назад +1

      I would benchmark that against the current rental of the area before pulling the trigger.

    • @ryanjunweii796
      @ryanjunweii796 2 года назад

      Hi are you based in JB?

  • @lizliew3903
    @lizliew3903 3 года назад +1

    😍👍🏻👍🏻✌🏻

  • @micchok2968
    @micchok2968 2 года назад

    After this video, i think I won't buy property anymore. Conflict of interest is criminal.

    • @iherng
      @iherng  2 года назад +1

      Eh?? I don't understand.

    • @匿名-x5m
      @匿名-x5m Год назад

      Lol, buying a property is not a conflict of interest lmao😂

    • @tg988
      @tg988 7 месяцев назад

      Everyone needs at least a home. Otherwise you’ve stay with your parents or your spouse’s house for free or a small fee. Or the final option is to rent one from a criminal.
      Everthing in life has a price. Each choice we make is a transaction. It’s only with the passage of time that we realize sometimes much to our regret whether the cost was worth it.

  • @bananahuice
    @bananahuice 3 года назад +3

    or go gallery say i know sean tan. haha just joking. nice vid!

    • @iherng
      @iherng  3 года назад

      How I wish that will work in the future hahahahaha!!