ASKING SEAN

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4 ай бұрын

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This has always been a debate on what's the better format of housing, landed versus highrise living. Unfortunately both of them never come together at the same time in the same state. It's always at a level of scarcity, only highrise buildings will be brought into the development.
There is also an argument about NON landed housing having a peak in their selling price because as the income level requirement goes up, our priorities in life will change. And the main priority of a home at least is to provide safety and security.

Пікірлер: 87

@LimReviews 4 ай бұрын

Dude I got racun-ed to your channel. Started watching 1 vid and ended up binge watching a ton of your old vids. Dafug! 🤣 On a serious note, am learning alot. Keep it up!

@adrianlim116 4 ай бұрын

Fantastic sharing Sean! What you shared really opened my eyes and I never thought about it in that perspective before. 20 to 25 years ago vs today is completely different .

@esalinems8173 4 ай бұрын

Wow, Sean Tan, thank you a ton for sharing your amazing perspectives with us! Your words really got me thinking and inspired me to take on challenges with a fresh mindset. In times of uncertainty, your insights have been like a reassuring guide. Thanks for putting in the time and effort to share your thoughts - it means a lot to me!

@knykcom 4 ай бұрын

just remember, when you buy a subsale landed, especially those aged (more than 10 years), everything will need to come with cash. condo is somehow, ready to stay, at the minimum least

@applemalaya2571 4 ай бұрын

I like your way of explaining and your english is good to me. Easy and clear to pick up.

@crazyhellfirez 4 ай бұрын

at first i was thinking to just rent a condo in bangsar area, and then landlord keep increasing rental every year. then pindah. next landlord also same increasing rental. increase a bit okay la but its not, its like rm2k jump to rm2.5k 🥴. maybe they take advantages thinking we earn a lot. 3 times pindah every 2years. penat laaa. moving cost lg. i dont get the idea renting is better than owning a property. maybe I'm not lucky enough? now i just bought a condo in montkiara. no more headache.

@nurakhmar20 4 ай бұрын

nice to see another pov in renting. I also thought that renting is better but it depends on the landlord. If lucky enough to get good landlord, maybe can nego to reduce rental but seems impossible now

@areszues92 4 ай бұрын

U can afford condo in MK, but can't afford rent? 🤨

@applemalaya2571 4 ай бұрын

In future your turns to play "year-rent-increasing". And you will definitely forgive those landlord that makes you before 😅

@SkylineFilmmaker 4 ай бұрын

Yes i can feel you, my landlord also increase a whopping amount of rental each 2 years for my office.

@newname3718 2 ай бұрын

Renters have their own perks. 😂 I have friends whose families never own house. It's just never on the necessity list.

@user-ov1fq5qg7z 4 ай бұрын

Very insightful and comprehensive talk, I like the way you look at different type of property from different angle.

@iherng 4 ай бұрын

Thanks for watching. I appreciate the kind words;)

@TheGobykoh 4 ай бұрын

If you can’t live without city centre lifestyle, condo. If you can, gated and guarded landed slightly outside of the city centre. If you don’t mind travelling, a fancier landed house outside of KL. No matter what it is, the value will still appreciate.

@applemalaya2571 4 ай бұрын

Shah alam do have many landed choices.

@zambroata 4 ай бұрын

If you notice..most upper level of the shop lot has been converted or rather used as dormitory or accomodation for foreign workers..any comment??

@DavidLow 4 ай бұрын

Quality sharing this. Thank you Sean!

@iherng 4 ай бұрын

Glad you enjoyed it David:)

@user-gt2st9dc1w 4 ай бұрын

thank you for your insight, very true. Why would i buy 3m old home when can buy shares/etc

@Han-xd8ul 4 ай бұрын

There is no room for discussion about renting and owning a house because the Malaysia govt is persuading us to buy a house with so many benefits, most new projects you can purchase with 0% downpayment, and Malaysia houses still cheap if comparing with another country like Thailand, Vietnam, and Indonesia.

@iherng 4 ай бұрын

Not really. It’s about the intent of renting that’s the difference. Some may rent because they couldn’t afford to buy, or not wanting to buy. But they are investors like myself who rent for the sake of investing more. Our banking system takes housing installment as commitment within the DSR calculation, but when we pay rent for a house to live in, it’s not calculated as commitment. This means by renting we will have an extra slot to use property as a vehicle to build equity.

@IM-kk3jq 4 ай бұрын

By law 0% down payment is illegal

@ngdonqsheng761 4 ай бұрын

Thanks for the video Sean !

@iherng 4 ай бұрын

Thanks for watching!!

@amytan3691 4 ай бұрын

Good morning Sean!

@SkylineFilmmaker 4 ай бұрын

Well said!

@Ckzz27 4 ай бұрын

Great sharing! Never expect this much of information and opinion from you by just listening the first few minutes which is the question haha. Good to hear that the insights about ceiling price and demand of the individual landed property in the future. Thank you Sean!

@iherng 4 ай бұрын

Thanks for watching Zheng Yang:)

@jync1765 4 ай бұрын

So the guard post actually has no right to stop cars enterting those old taman with individual titles right? We dont even need to present our lesen or ic as well, technically, who are they to ask us to present it since those are public roads.

@aizadbakar9837 4 ай бұрын

Hi Bro. May you share with us your view (investment point of view) for Jernih Residence by Sunway at Kajang

@jkhee 4 ай бұрын

There was this super rich guy who got his money via this strategy. He would go to a town and buy up 15-30 miles of land at the ends of the main road. That's it.

@Pirassad 4 ай бұрын

solid content

@susancoalfield Ай бұрын

Is there any worry (concern) for staying at a condo overlooking a shopping mall (building complex) roof? Shopping mall is just infront of my future condominium. It is 5 floors/levels lower than my condo unit. Would the heat from such building roof and aircond chiller create heat that may rise up and flow into my condo? Where would normally their airond chiller installed? at the roof top?

@leekb2551 4 ай бұрын

Just wondering how many rolex watch you have??

@applemalaya2571 4 ай бұрын

Ones tells if you afforded split into two. Get one landed and condo. Then you may enjoy the living way you like.

@KPPO200 2 ай бұрын

buy landed and live in second floor, rent out the ground floor.

@user-dr9nt9ts6i 4 ай бұрын

Hi, look for your video, just great, im a buyer from China, my question is, if I buy a subsale house, and I want to renovate it, who can I ask for help to do the job, as a foreigner, I just have no idea. thanks a lot!

@keat-wong 4 ай бұрын

Condo rentals incl maintenence fees which older houses dont need to pay. Assessment fees etc all higher for condos. So ofcos rental is higher to cover these cost.

@chickenchopfriedrice 4 ай бұрын

old landed house no need repaint, fix roof, fix pagar?

@keat-wong 4 ай бұрын

@uncleseechannel4373 Yes need 😊 but overall I think is still cheaper than the condo which need to maintain swimming pool, gym, landscape, sauna, security, lifts etc. Landed owner have more control on what need to repair etc. Pros and cons so need to evaluate especially on location

@jm-yp9gf 4 ай бұрын

@keat-wong that's so true. Condo, you can't control your budget you must pay maintenance fees if fees increase and highest restrictions. That's why malaysia has tons of empty vacant condos..Malaysia good at poor maintenance after few years. Unless you pay rm 3000 to 5000 monthly for maintenance.

@newname3718 2 ай бұрын

Older landed house you will need to use money in one go to fix the stuff. And if your area have those Ronda (they will come door to door to ask if you want to join) you will still need to pay. I don't think "free of fee" is going to last for another 10 years even for older houses. It's just the evolution of how "neighborhood" works.

@xuanchin2209 4 ай бұрын

Hmmm.. the locations you mentioned ss2. If you owned few of them fully and now they value a lot, would you still keep it for another 10-20 years assuming that you said it's hard to sell it off even now? Tq

@applemalaya2571 4 ай бұрын

Rent it out. An get od thru your "golden house".

@liberaltart7531 4 ай бұрын

Example given Back then 300k (Assume 20 years back) now 800k for terrace house. That is 2.5x. If my memory recalls correctly 40 years Subang landed was 20k back then and now probably 800k. That is whopping 40x. Apartment has no record for 40 years back and you would argue too specific example if I quote any. Just for a reference some raw land near setia eco was 20 yers ago RM200k per acre, now probably RM2mil ++. If i stretch 40-50 years, those land like RM5k per acre. There is no arguement on the basic fact here that land is superior than landed homes and the last apartment(no land own at all). While you can argue rental ROI etc, yes it is because landed are very highly priced in good location so yield will be much more subpar. Those statistics on appreciation is too averaged out in location and data is probably taken back to less than 20 years from today. My take is landed homes vs apartments is hard to compared apple to apple from ROI. You haven’t got good data on 50year old condo to compare to 50 year old terrace. So whether to buy landed or or aprtment should always boil down to location, price . Both can have good and bad ROI and shouldn’t be generalized.

@melvin1727 2 ай бұрын

Pls do a video on Batu Kawan (Penang) setting; Strata landed (Aspen / Eco) vs Condo.

@iherng 2 ай бұрын

I just came back from Batu Kawan. Stay tuned yea!!

@gregleong2032 4 ай бұрын

Awesome insights as usual. Like you mentioned before creating generational wealth helps these younger generations when affordabbility at stake. Also noticed developer smart at their pricing strategy based on current economy. Better to own than rent this some projects priced within grasps. In a decade plus, MY towards ageing society plus annual births declining so retirement home or township will be popular? 😅 Only time will tell.

@AhKaiBlake 4 ай бұрын

Thanks Sean gor, J Satine owner here ! After VP want to visit ?

@rambutans5857 4 ай бұрын

It is definitely a propaganda by developer that Landed with strata title is more “value” than individual title.

@fadzanuar4962 4 ай бұрын

Most Singaporeans or Hong Kong would LOVE to own a Landed House!

@iherng 4 ай бұрын

We would too. But it’s need to be within a convenient location, not just for the sake of a landed:) Thanks for sharing.

@justthedejavuguy 3 ай бұрын

nice Rolex explorer man

@gabillionaire 4 ай бұрын

Both have their pros and cons, I'd rather take the lift up down few times than constantly worrying if my house gets broken into.

@iherng 4 ай бұрын

Exactly. So it depends on what state of we in our life. If we no longer need to be in the city, of course I would get a landed within the outskirt hahaha. But if im still time poor, a high rise within the city seems a better choice.

@jaypee1879 4 ай бұрын

Why is it in Penang the property agents asks 1% of their agent fee + 6/8% of SST from the buyer? I thought the seller is the one who hires agents to sell their property. Any info on this?

@whwong01 4 ай бұрын

if you settle all paperwork yourself, then no need 1% agent fee...seller agent only settle seller problem...your problem either you do it yourself or agent help u....if you buy something from store, you do pay SST right!

@jaypee1879 4 ай бұрын

@@whwong01 So the buyer paying commission to agent is not mandatory? Buyer can choose to settle the paperwork themself if they don't need the agent to do it for them?

@jaypee1879 4 ай бұрын

Similar to rental properties, why do tenant and owner need to pay agent commission? When the agent was engaged by the buyer

@whwong01 4 ай бұрын

@@jaypee1879if you uncover this deal via agent at the first place then you need to pay agent fee.

@newname3718 2 ай бұрын

@@jaypee1879 adui I got confused. Engage by owner or seller 😂

@wiseinfiniti4908 4 ай бұрын

Buy a property in Ipoh instead. There so much of landed property for sale at great prices

@sirzechs3960 4 ай бұрын

Because no one want to live there

@user-er7xk6ux2m 4 ай бұрын

Ipoh mostly Leasehold

@perantis88 4 ай бұрын

Nobody will live there, job opportunities almost none, maybe for government servant after retire

@wiseinfiniti4908 4 ай бұрын

@@user-er7xk6ux2m What are u even saying bro. All the Bungalows here are freehold. U can get a 7000 sqft land double story bungalow for less than a million.

@wiseinfiniti4908 4 ай бұрын

@@perantis88 Because you don't know how to create job opportunities for people bro. So many Factories and businesses here. Of course they are mainly Chinese dominated and they have their own eco system. But that doesn't mean there is no opportunity.

@knykcom 4 ай бұрын

i like this video.

@iherng 4 ай бұрын

Thanks for watching!!