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.
@ltchuan033 жыл бұрын
Listening to this video, whole property industry is very messy in Malaysia.
@iherng3 жыл бұрын
Well you can always choose to not know and shop as usual David:)
@gkshen1003 жыл бұрын
Hi Sean, what are the potential risks to look out for when joining bulk purchasing groups or when considering bulk purchasing opportunities?
@fatty91013 жыл бұрын
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
@sheikhimraniskandar37743 жыл бұрын
Some gold nuggets here Sean! Thank you for educating the public with the knowledge you've gained through experience.
@iherng3 жыл бұрын
Thanks for watching Imran!!
@edwinng24653 жыл бұрын
fantastic presentation, knowlegable, impartial. keep it up
@iherng3 жыл бұрын
Thanks for watching Edwin!!
@Tiffany-dw1yp3 жыл бұрын
Superb as usual! Love your videos during downtime and to educate myself!
@sanjieev3 жыл бұрын
fantastic reply bro; has been exactly my question for some time now, thanks!
@iherng3 жыл бұрын
Glad it was helpful Sanjieev. Thanks for watching=)
@adamleewh3 жыл бұрын
Very insightful, and is probably the main reason driving me to join Far Cap.
@puiyinchai14373 жыл бұрын
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
@adamleewh3 жыл бұрын
@@puiyinchai1437 agreed. Especially first hand info to book properties. Time of entry seems to be very important. Lite members are delayed
@puiyinchai14373 жыл бұрын
@@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😁
@adamleewh3 жыл бұрын
@@puiyinchai1437 that’s one way to look at it! Haha. To me it’s tuition fee.
@iherng3 жыл бұрын
Please make informed decisions yea. Thanks for watching=)
@ckskevin853 жыл бұрын
The fan remote is killing me...
@iherng3 жыл бұрын
Hahahahahahahaha!!
@vineshrajoo28053 жыл бұрын
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.
@puiyinchai14373 жыл бұрын
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.
@puiyinchai14373 жыл бұрын
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.
@lekang88233 жыл бұрын
May I know roughly how much is the fee to join far cap?
@adampotter12363 жыл бұрын
@@lekang8823 lite client:2k Premium client:4k+
@gigar90003 жыл бұрын
Good sharing Sean!
@iherng3 жыл бұрын
Thanks for watching Gigar:)
@newjourney92203 жыл бұрын
Beware of developers who jack up the prices for bulk purchase for leftovers units. Developers are not stupid.
@iherng3 жыл бұрын
Neither are investors.
@joshuadoliveiro3 жыл бұрын
As someone who comes from the car market, the property market freaks me out...
@iherng3 жыл бұрын
Yea, I understand how you feel hahaha=) Thanks for watching!
@michellehejbproperty27933 жыл бұрын
Waiting For More In Future thanks for sharing 👍
@iherng3 жыл бұрын
So nice of you
@gavinlam77213 жыл бұрын
Try to reached far cap in email get no response at all 😔
@iherng3 жыл бұрын
If you want, I can help. Do DM me on Instagram:)
@bruceyseow83252 жыл бұрын
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.
@iherng2 жыл бұрын
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.
@alexsim28593 жыл бұрын
Hi Sean, can you do a review on Sierra Hijauan @ Ukay Perdana? near Ekve
@falcohor58903 жыл бұрын
Which property you bought?
@iherng3 жыл бұрын
I bought so many hahaha=)
@puiyinchai14373 жыл бұрын
Does it mean bhd developer unlikely to have deal with bulk purchaser? Since they are not lacking any cashflow/fund on paper.
@Ben-do8ex3 жыл бұрын
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.
@puiyinchai14373 жыл бұрын
@@Ben-do8ex thanks for ur opinion bro.
@micchok29682 жыл бұрын
I guess are those small developer.
@brandonling96632 жыл бұрын
Now I know why Block A is fully sold. I am buying Block C, at a higher RMpsf :(
@junkeatliew57873 жыл бұрын
Probably this episode need a mandarin version then we can show to our uncle aunty directly to explain the current latest actual situation haha.
@iherng3 жыл бұрын
Oowh, that's a great idea hahaha!!
@yeezilin2 жыл бұрын
@@iherng got or not ? haha
@RyanHong19893 жыл бұрын
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!
@iherng3 жыл бұрын
Exactly!! That's something I hope to achieve one day as well hahahaha!!
@bananahuice3 жыл бұрын
or go gallery say i know sean tan. haha just joking. nice vid!
@iherng3 жыл бұрын
How I wish that will work in the future hahahahaha!!
@88desede2 жыл бұрын
Hi Sean I m thinking of buying Danga Bay. Developer has reduced price by almost 50% . Is it worth to go in now??
@iherng2 жыл бұрын
I would benchmark that against the current rental of the area before pulling the trigger.
@ryanjunweii7962 жыл бұрын
Hi are you based in JB?
@micchok29682 жыл бұрын
After this video, i think I won't buy property anymore. Conflict of interest is criminal.
@iherng2 жыл бұрын
Eh?? I don't understand.
@匿名-x5m Жыл бұрын
Lol, buying a property is not a conflict of interest lmao😂
@tg9888 ай бұрын
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.