http://forum.lowyat.net/ Wed, 10 Jun 2026 02:52:02 +0800 FeedCreator 1.7.2 http://forum.lowyat.net/topic/3748011 Property is illiquid - often takes a long time to sell. Some may never be sold unless you offer a big discount. For exp. who will pay say RM 2million for a bangalow in say Gombak or Balakong or Serdang?<br /><br />Lots of middlemen waiting to make money from buyers and sellers. Real estate agents, contractors, lawyers, etc. You will almost certainly encounter bad ones that make u want to tear your hair out. If you rent, just sign the tenancy agreement, pay deposit and u can move in the next days. Leave worries about maintence to landlord.<br /><br />Property owner need to pay maintenance fees, sinking fund, quit rent, insurance, etc.<br /><br />Tenancy law in Malaysia favours tenants. Tenants who get bullied by landlord dunno law.<br /><br />Property is prone to hard to get rid of pests like termites, ants, cockroaches and bed bugs. If u rent, u just move out if the property gets infested.<br /><br />Property suffers from wear and tear. And the design that is hip and happening today will be outdated in 5 years. And you&#39;ll no longer like your property in 5 years.<br /><br />Owning a property ties u down to your employer. You&#39;ll be fearful of losing your job and thus take less career risks and be your employers slave.<br /><br />Noisy neighbours - many threads on them in serious /k/. You are in for hell if u are an owner. If you rent, you can just move out.<br /><br />Landed property is prone to break-ins these days. I know of landed property owners forced to vacate their homes because burglars visit their homes so often.<br /><br />-----------------<br /><br />BBBB will argue that property is a hedge against inflation (prices of everything increases but the loan amount u owe the bank stays the same) and property prices double every decade on average. Valid points - but IMHO, price gains for the next 10 years are already priced in on current property prices. Spartacus 2.0 The Museum Of Kopitiam Sun, 18 Oct 2015 17:25:43 +0800 http://forum.lowyat.net/topic/530283 Hi all,<br /><br />Let&#39;s say I have a net worth of about RM400k, including RM200k in cash. If you are in my humble shoes, how would you use it if your aim is to &quot;retire young, retire rich&quot;?<br /><br />Some info about myself:<br />1. Salaryman, aged around 30, working in the Klang Valley<br />2. Has RM200k in bank, in fixed deposit and savings account.<br />3. Has 25% share (worth RM200k) in a fully-paid up, semi-detached, corner lot landed property in Penang <br />4. Saves at least RM2k every month.<br />5. Not a bumiputra, so certain investment options are out. <br />6. Rents a room, drives old car - in other words, frugal<br />7. Single and available - so no family commitments<br /><br />Investment vehicles being considered:<br />1. Stocks<br />2. Property<br />3. Partner in a business<br /> <br />My current plan is to use most of the RM200k to buy an apartment in a prime area for my own stay as I&#39;m sick of renting. The remaining money will be used to buy stocks when and if an economic downturn occurs.<br /><br />What do you guys and girls think?<br /><br />(PS. I&#39;ll interested in networking with good bankers, remisiers, lawyers, financial people of all sorts ... so if you have any recommendations, please PM me) Spartacus 2.0 Finance, Business and Investment House Tue, 02 Oct 2007 22:29:38 +0800