LANDED HOMES VERSUS APARTMENTS | PANEL DISCUSSION IN TWENTYFIVE7

Ladies and Gentlemen please welcome Sean time what's up guys Sean and jeane how are you guys feeling today very early yeah very early not yet wake up yet come let me help you with it let me give you a wake up call okay it's awake now please stay woke stay worker yeah so you're definitely very early also very happy to see so many guests coming over here today I mean this is a Saturday so Typically you want to just rest in right so very happy to see so many people over here yeah I said that

we have a very young crowd here with us because I'm just curious a show of hands how many of you are below 30 wow I want to yeah I want to raise my hand too but I feel that I'll be lying now uh Sean and J first thing first well since we are in this Township of 257 in your opinion what makes a successful Township well I think for me personally Township has a few main components to it like amenities has to play a very important role and if you look at gamuda 257 as a

whole right the anchor over here has to be kyite more because when they developed this land over here knowing that kaking is also by guda they actually bought this particular plot of land that is the closest towards this side of tpg which basically gives amenities to accessibility of all the residents over here so to me I think Accessibility has to play a very important role towards the entire Township and on top of that is the accessibility to get into the place itself now everybody knows coming here right now has a tendency of a little bit

sck sua but actually over here this area right is still in constant developments SL so accessibility over time with so many big developers I think shouldn't be too much of an issues we will only learn about the importance of Township if you Have bought a non- Township product if you have bought a project before where you don't know what's happening next door suddenly they promise KLCC VI but suddenly a new block come out or if you buy something then next to you is a religious building or a school or a police station or a hospital

then you will curse like M right and that is because uh you don't have that type of control over other people's land including your neighboring lot so the Beauty of Township then is Ultimate control and certainty that's number one it means also the developer needs to be in the game for at least 30 years they will never compromise the first phase buyers just because the number seven phase cannot sell imagine you buy s years ago and if I buy today it's cheaper than your first phase seven years ago will you come and complain to the

developer they would right and suddenly when you are in this game for Such a long period of time meaning whatever problem right hey why no retail okay I build for you hey why no school I bring in for you why no shop okay I bring in for you suddenly everything becomes their problem in the township but then when you look at it right they are a rare breed today my greatest concern is sometimes most of us takes all these Developers for granted one how many like imagine this one is 257 you just think about the

amount of Acres of land and if it's on bridging loan how much would be the monthly interest like just by not doing anything you know they running cost and this is not your boss briefing you this might be a Pitch where your boss tells you you all should stay with me but then just imagine the interest and The Upfront payment right so it also proves that the financial capabilities how like it's less than five developers can build so many Township at this scale concurrently At once including International right so it's a very very tough thing

to do but just that when we are in clang Valley right we are so spoiled because everywhere alsoo Township right everywhere Township you can just name right in CL very easily like 12 15 townships but when you don't realize the importance until I went to Pang that's only like two suddenly wow you know we all Township show with the premium of 15 to 20% higher right it can be justified But incline ready just because everyone else is a Township developer hey you all talk all same Patron so we all take for granted so the strength

of a Township then it's really reliability like uncertainty you know for sure things is going to happen and that's also another thing that we all take for granted also I think for the past maybe you all a bit younger maybe your uncle or Auntie will have this concern one meaning you buy property right you will worry that you Cannot be completed one right don't buy property next time you will burn your hands when it used to be very common but now right we all like went abandoned building that's like one and the whole world go

and see that one in right there's only one but then like for the rest right you don't even think about whether will it be compet or not it's a for sure kind of thing and that's how sport the market is right now but they also demonstrate how good the developers Are right now and for research purposes something you all can bring back home uh especially for landed products a Township located or base uh landed products we will appreciate faster than uh non- Township one why because if you all have learned about engineering and design before

like the pathway from the highway to the house needs to have a difference in Road system from Highway to primary Road secondary Road tertiary Road Local Road only it reach your house You cannot suddenly just turn out your house straight away K expresso and can on it wouldn't work that way so because of all that then you have the parks the mall and things like that if it's an individual title stand alone project why build Mall cannot make money on why build Park cannot make money on I sell I ja that's why the last thing

you want is should become a developer I will milk everybody every single scent you can but uh with uh the township developers that We have right now is actually a very very good thing to the industry and we are so famous International also we are very good Malaysia besides our accountants and Auditors right very famous internationally our Township developers are actually very very strong not many people built like us when that's why we got over Supply but yeah that J would you like to add on anything yeah I think just a picky back off the

whole idea of the township uh Development right like in Malaysia itself like what Sean just mentioned we actually do see this very often like there's Township almost everywhere nowadays but one thing I don't really see often is that townships with a development whereby multiple developers actually concurrently buil accordingly now in tpg I think this is the beauty about it because number one the population over here is going to be fairly large so expectancy of like the 30 40 years down time frame right then you're potentially going to get more and more people coming in over

here and then the shopping model which is the angle tenant then basically what will happen is the government will put more emphasis in redeveloping the area from a accessibility standpoint or Sol unlike other developments where they're like more Stand Alone the incentive for you to do so because the population might not be as high right why would I want to Do it over there whereas over here I have certainty there's going to be four or five big players and then we can com combine and Lobby for certain things together so I think having a Township

that is just not one single developer is also very important that sense because it actually creates that incentive for the government to actually push things forward so I think uh this particular area over here I mean I'm not to talk about the other names and whatnot but Essentially this particular area tpg itself gives you the luxury so yeah that's my final take towards this particular Township at least thank you so much J and Sean for sharing your thoughts I can particularly relate to what Sean just said by the plot of land in front of you

it doesn't belong to your developer so suddenly a building just pop out and block your view cuz my condo it was facing the iconic four buildings but very soon it will no Longer because there will be another building in front of me so that's why the beauty of Township everything is planned so you know exactly what happened to the port of land next to you it can be a mall it can be a commercial center you won't be in the dark and suddenly oh just realized it's not the way you think now let's move on

to a topic that I believe many of our audience right here are interested highrise and Landon so which one s is Them better okay I think I'll go go first so essentially our platform we have reviewed close to about 150 plus properties right and because majority of the audience over here are still towards that early 30s or maybe even younger my personal opinion and this is just a opinion right you can make your own decision why so scared bro talk okay no because I want to give them the context right you all make your own

decision this is your own informed decision at The end of it because my preference his preference everybody's preference is going to be uniquely to you so you cannot take like a flat bit answer like from my standpoint and just like go with that and Jalan right so what you want to do is you need to have your own type of understanding of your needs now personally if you're still like you know within my age range I'm still rather young right 31 sure you're not too far off right you're like what 30 okay okay Okay okay

don't want to talk about it AG is just a number when you take loan is yes so personally I feel that it really depends on where you're at in your life now personally for me somebody that is still actively going to do many condo reviews in the future as well and also still running my business right I would think that I would prefer convenience now property like condo right now you have lesser problems to take care of because you repay maintenance via the Condo manager's job is to go and service that for you now when

it comes to the LED property you would only go for that when you have a little bit more of a cash flow abundance or when you level of certainty towards your career and you have like extra Hobbies or extra space is required for you to actually just oh I want to have a kitchen area because I enjoy cooking I want to create content maybe who knows maybe have one day or stay each St something right but Essentially you can have passion products when you have landed property space condo is very restricted to what you have

and also a temporary need of space for interim so I would think that it depends on where you're at in your life to consider if it's highrise or landed so that's why I don't like to give a flat bit answer it really depends on where you're at in your career your life and whatnot so what are the key factors to be taken into consideration Besides what you have just mentioned key consideration I think it's definitely your AFF affordability like how much can you actually comfortably afford a property and in a typical scenario a condor or

highrise building is going to be more accessible affordable and from there you can actually just kind of like position yourself a little bit better like how you want to financially plan yourself for the future so if a landed property Is your ultimate go as I also Aspire you to live in a very nice landed property with a nice Community right uh but I have to financially plan myself from one condo to second condo maybe I exit the first one and then consider buying a landed property in the future so I think it's always about knowing

where you're at how you financially plan yourself in order to get you to your objective that I mean that's my personal take so San what about you the only reason why none Of us are buying landed now is because we got no money let's face it right if I got 10 million in a bank who would want to buy a condo especially as a uh uh person who raised in clang Valley but that romantic feeling only applies to clang belly to anywhere else besides Pang Pang people got no deep Association for landed hous only we

all we we all grow up in one we expect when we grow up also can afford one right so that's the misunderstanding there so when we cannot Afford when we get our first job so we tend to desire it more then like ultimately do you need one now so that's why only when we have condo and things like that ultimately land is too high already that price so what is your aspiration if you want a if you want a landed home where a lot of people don't care where just buy as long as it's a

landed right so all the mother-in-laws always say like that one your fa property ah yeah so like for a lot of People who are about to get married your in-law will always ask where's my daughter going to stay he for gentleman H uh rent a house man so C right right okay so that being said if you got money just buy that right I also wish I got money the second part is if I don't have money should I work hard so I can afford one but if you just straight away buy one and leave

within it's also a trouble because every month at least 1 million right your mthly installment for 35 Years is about 4,6 to 4,8 plus installment plus the interest plus maintainance everything how much is your salary you need to be about a 15,000 monthly income earner is about 7 to 8 years down the road if you are talented or you gos very hard see which one so when are you going to achieve that salary range and by the time you achieve that range is the salary still 1 million he is the property price still 1 million

cannot Catch one so one way to catch is to do what I teach everybody on YouTube buy one collect R buy one collect R buy one collect R to an extent where my in-laws constantly query why my son-in-law so poor need to rent house I show them all my portfolio right I don't even show the tax officer show them for what no mind you can show your watch collections no no no no no you keep quiet you so uh that being said right sometimes also I think that's two there's two very Controversial taks last year

one I think landed homes are a temporary need okay at most right why we need so much space because all of us want to build a family m our kids right suddenly he one years old I need a bungalow that FL so small pleas right then we kind of justify ourself to give them the best that's always one perceptive nothing wrong if you can afford it but if you cannot that's going to be a burden so my take is my kid will Only need more space or privacy when he is about 7 to 21 so

technically I only need by that year 15 years only why don't I rent so if you calculate the property prices here against the rent right it's terrible investment so I be the tenant right like money installment is about 5 to 6,000 rent is about 2,5 you get a very nice one and they Bank you not to go don't go I give you discount some more that's one take but a lot of people don't like it because a Sense of ownership is there so meanwhile renting I am building my portfolio at the site so that's the

point to take note L but again if if I can afford why I need to build if property investment is not your thing but if it's not your thing you wouldn't come here today if you are better in crypto or FD or gold trading or whatsoever right property serves just as a home I would suggest to go for it because the reward of having a house that you like suddenly I just Noticed this also we just finally right after 16 years of buying property I have a wall that is mine but still May bank but

so uh because of that then suddenly oh when I put in money I know that oh the lighting I care as an investor right the last thing I want to know is what color is the Walmart but as a home right there needs a portrait H there needs an art piece well I need a better vacuum cleaner or this like that so suddenly All this adds up to your career pursuing energy so in that sense then I think so ultimately again it depend like he said it depends but a lot of older Generations that's reaching

out to me right now so my audience also very weird one this is the younger crowd the older crowd is about 65 to 70 so when I go to all those clubhous in the SAA everybody knows me everybody half naked right hey you are the guy right well my children show your Video to me what are all of them talking about is passing down the landed house to the developing family of their children they move to a condo because who's going to clean up upstairs suddenly that five bathroom is a curse have you scrub five

toilet bowls before or no my house got two only so it's a big so you get what I mean and when you are 50 to 60 that's the last thing you want to care but they bought it oneir of the price when we buy 300 to 500% more And we still need to scrub wellow yeah so those are the considerations of today unfortunately has become a luxury product unfortunately unless you buy further away yeah yeah buying a home that you like gives you a sense of belonging and that is priceless you cannot put a value

on it now in terms of space and privacy many would think that landed is a better option but what if you cannot afford cond yes or or you R well but you can Stay in Suburban what you don't have to stay so close to the city you can but again it depends it depends right so I I would sorry the cut so lat I CH you uh uh the thing is if you need to report to tun Raza every single morning you waste 3 hours on traffic on a good day Friday night raining always I

don't know why Malaysia Friday night sure rain you see right just to come out the car park so a lot of times like when I always argue what's the point of you buying a House spending so much money but you don't know what's the color of your roof tows I agree right so that's why I if you can afford means when you are earning 15 to 18,000 already right no need to go office on my go office you go at your time ah that very good right when you are still takaji right 5,000 6,000 trying

to make ends meet right don't talk Lander don't even talk about cars I will argue right put your head down grind I'm the I'm the boy that Cycles in uh kakun because I stay in tamas muda for those nonhollow people that tou you there ni the Golden Spring they weigh by grman that's besides the point uh so I was around and I witnessed the the forest turn into kotun today yeah but to some they might categorize this as suburban steel because uh they see that as a far distant from the city correct so then if

you if your office is just around a corner you own a 5 Acres Factory here this would make a lot of Sense so distance is relevant it's not it's like all people categorize Suburban City or whatsoever right that's only when you calculate rental rates where is derived by temporary demand of space here when you buy for own stay it matters on like my in-law is next door the school is here my office I can walk there if this area is in tanu also don't matter yes you're right so what about gin how do you con

what do you consider about Suburban or Not I I think it's really depending on like where number one is also depending on your career progression sorry it was pop right so career progression I think is something that everybody needs to kind of understand how you financially plan yourself if your intention is to own a property a land property that is nice that is going to be your forever home right you need to already start planning at your age 20 like how do you overtime progressively know where you Want to be at right everything is about

financial literacy to begin with so like what Sean has mentioned just now earlier or so is like how do you build your asset also along building your own career path because if let's just say like I used to be in a tech company right so we have the flexibility of working from home very often and I mean of course the package compensation everything is also pretty decent so for you to leave slightly further let's just Say even for which I don't know why a lot people go and buy there then over time also they canot

tahan they go and rent back in clang Valley correct or not so there almost like a very uh redundant kind of move right you going buy a property very far because you want landed then you going and run back in KL or clang Valley pointless you might have as well just build up your career buy something more in your affordability range build up Your asset and then move on because you can always bu property wealth from the asset that you pay and then the temporary need of space can it be rented out I think these

are all very important factors before you go and just jump the gun and just like okay this is going to be my forever home my family is going to live here happily I'm going to have the beautiful landscaping and security and whatnot more importantly is that where are you at at your career can you really Afford it because lilong properties nowadays are of abundance right and it's scary to see a lot of people don't put that into consider ation before actually making the inform or purchase but I agree your point also like my unfortunately my

friend it's a owner in luxura here so they move in so Chinese New Year right so we go and see the house so nice but when I look into his bank statement right so so but is his sacrifice but his main thing Is he uh trades stocks can I share thing wait should be okay like unless he watch a channel so if so his his main income is not really from the job is from his investment so he don't buy property to make money man it's a lifestyle expenditure so the house makes sense is to

spend money one don't come and tell me 25 years later I must double triple all this kind of thing not like us with think too much you like buy cannot Afford or two person's name load in and buy so he traveled he's okay he travel every day but the kids that play football just now outside here like for me you want my kid to play football go study and kidding kidding K have to a 21 years old cannot stay at home anymore K kidding yeah so so again uh to complicate the matter right besides location

right just not I missed out a point now you have landed strata you have individual title and you have Inets so now again more options to think about so so do you want a brand new one in a Township or do you want a older 30 years old double St house in the individual title format in PJ almost the same price but they renovation about 400,000 so again like now buying a home I don't know why suddenly becomes so complicated again the only reason why it's complicated is because resources is limited that's a very good

way of saying just no money right no money that's why We going to make full use of what we have H but I know some some of the rich Generations whereby they prefer a condo as a highrise living because of the facilities yeah so strata landed also got facilities right so it comes to the clubhouse you come with things like that so strata title act comes with amenities which is that brand new format so the in the in between just now is where I built and design somewhat like a strata development but I don't have

to provide Clubhouse so the gut house right is built after you get the keys right uh hopefully the authorities is not seeing this but the blur line is everybody is playing this game right the G house comes later so you don't have to pay for gy M and the swimming pool and things like that since nobody ever use one right so that's the brand new format which you can also consider and I also think that some highrise now actually offers you a few that is like a landed For example he like Plaza V in the

sky the residents actually can direct access the unit from the dedicated car park yeah oh you don't oh oh no no I thought you guys had something to say well I mean I what your thoughts my thoughts is the convenience like I I like to cook personally so to be able to get fresh produce every single day I think is a huge plus point so because you say you have a key sore over here for you to actually conveniently come Down or within the township itself you have this to me I think this is a

huge add-on or bonus hey you say kyite more kyite more but kyite we say key Plaza but kyite Plaza is walking distance from Mall yeah but if you choose to drive you can actually just stop your car park your car in front of your unit and then you just walk into your house it's a villa in the sky concept it's coming soon to 257 right right right so I mean malls to me personally commercial areas Is actually very convenient for whoever stays there so I think the entire Landscaping the township over here that we are

talking about right even for the convenience of uh the residents it just kind of makes the the living or the rental market a little bit more accessible or because I think when you talk about why people actually rent a particular condo or apartment over the other right at least from our experience of reviewing so many properties it's Always going to be how accessible this particular location is if let's just say U some of them are stay home mom they want to get groceries and the children are still relatively young for them to just come down

and buy something is actually very convenient and if the particular commercial area even has like educational centers they can just send their kids down there and it's very convenient for the working adults so I think that part plays a very important Role to to that law true and we also like to ask your thoughts on the clo signature which is the final phase of land of properties right here at 257 now can you give us your opinion on that personally I feel that this is a very interesting typology because you never seen this in a

market as of before one thing interesting about this particular signature one is that because this is shaped in a property setting then you have a basically 100 m kind of Walkway it's like a communal area for you to actually just kind of interact with your neighbors I think a lot of people nowadays right because we are so used to this digital age majority of you all know either Sean or myself through social media you're always on your phone but you don't really have that human interaction right and the fact that you take your Saturday to

come and visit us today first of all very thankful and this human interaction right is a very Deep con connection and meaning right which I think what gamuda 257 or the signature clo is actually trying to do is to build this type of um Community the communal space that we don't see very often nowadays that is lacking so I feel that this particular Township or this particular development that they're introducing is really to just kind of get human interaction to kind of rekindle again because who knows this might be your next business partner this Might

be your long lost uh friend or this might be friend I don't I don't go I don't I was going to go there I was going to go there right but you don't really know what's going to happen next because I think at the end of it right we live in this digital Age whereby We neglect the fact that actually the most important thing is what human interaction the only reason why we can actually translate our information or to actually get to know somebody better is Through that type of communal space La so I think

this type of typology is going to be a very interesting concept I wish I see this more often with other developments as well H uh because you don't see that that often is because the risk is very high let's say nobody likes the product let's say okay you're not you're not happy later okay so uh let if so like like that really you sell one or two you're going to build a whole thing ready and that is why I appreciate Effort I think for those has anyone seen my CL video the on YouTube the Close

Signature anyone watch I watch I watch okay it's okay later you go home and watch promise I promise you go home and watch okay so so okay the the main thing is because it's in the northern part the other Township Gamba Gardens so what I like and appreciate a lot being in this industry for way too long right is if I am Shan building a Township today I will just build whatever you want and I'll Cut C in areas you don't know then I'll will make money then I'll see you next time right but despite

them being so uh magical with their placemaking lately you seen gamuda Cove separate attraction gamuda Gardens separate attraction 257 separate attraction wow so much resources I would just use the same attraction times three copy paste copy paste right I would do that but that's why I don't have a job so and on top of that they are building townships with so High commitment and they still want to innovate a product that is so close to all Malaysian a landed house now if I would wake anybody up here you can describe a landed terce house to

me went right oh you come in either the staircase is a dog Lake staircase in the center or you just come out at the side and kitchen behind upstairs got Tre bedroom right all the same but if you were to go and check out the show you need you cannot describe it it's very Hard for me to picture I make video so hard you don't want to see so the whole so the whole point of that video is to really see right and tour what's the corner lot what's the intermediate how is it eight in

one block of land we know Terrace House is side by side right sem is 1 plus one bangalow we all know one right then cluster is divide by four this divide by eight but in a L shape wow and we're talking about houses not equations okay so I do encourage Everybody to go and check it out because what is important is you can leave the comments in my video that you're going to watch when you go back home on which one would you like better the corner lot or the intermediate so the limitation for a

Terrace House is your opening is always in the front and the back only and when you park your car in the front your the front grill is never open one right you will never let your kid play on a porch Or so a lot accident happen when you be but now sensor like you still bang then you then on the back then it's always a back Lane where it's all the exhaust kitchen washing machine it's a very negative space you won't open also so when you have a Terrace house with two opening people open the

center on the roof but it's the most Co place in the whole house the darkest spot in the whole house so what people want sem bangalow but expensive so the Innovation Here is to kind of split one plot of land that is supposed to be shed by one Bungalow into eight different house then there's a separate Garden for the intermediate that is non your not your car porch and it's close to the kitchen space so for those who have kids ready right when you cook you actually know where your kids are in the landed house

because my mother can never find me when I stay in the landed house uh so now you can and now when you let your dogs out Or your children out there right it's secured so there like a very private area a semi-private area and if you want more open Park they're still outside so there's levels of Security even to landscape faes okay now I sound like an architect pitching you the idea now ladies and gentlemen since most of you did not watch John's video let me tell you what is the Close Signature how is it

like before you start imagining oh it's a double story house that feels Like a semid because at the back is connected to your private Garden before it goes into an expensive communal space so just imagine an octagon it's an octagon concept Park C home so the houses are all there and then Center there is a communal Green Space for your kids for your pets to play safely and for you to born with your neighbors thank you yeah cuz I'm lay man I don't understand architectural terms I think the easiest way for you guys to really

Conceptualize or idealize the whole thing is to really check that over there they actually have the whole markup that is ready for you guys to check up but I think for me what is very interesting about this concept over here right it's the ability to actually expand from one house to another house rather easily so uh okay somebody over there he was trying to verbalize it was like trying to expand rather easily so for example right let's just say today my need of Space is only one Terrace house maybe I have a pack of four

or five and then the property that is next to it which is the end lot or the intermediate lot whichever that you buy first R you can very easily say oh I want to make this into like my own bigger family house for example my parents stay in Aang if I've already moved over here they are also of age already they want to come and move with their son or their Chuchu or whoever not for them to actually buy the Property that is next door then you stay in your own confined space over there but

it's still very accessible for you to actually just come around the corner if we can M dinner together already so I I feel like because town houses in that sense was built with that upper lower depending on how the typology is but this one over here gives you the ability to just expand rather quickly on the left right kind of setting you can do that with any rather other Terrace's House right but it would not kind of look the same because number one the difference between the building itself and also because this one designed with

a way where you actually have Garden area on your dedicated property now I know it's very hard to visualize it how how to visualize or say it right I cannot save you bro you canot save me right and L and L right I also don't know how to say correctly I think the idea is okay for every Terrace House the Long one man right you have a one corner and one intermediate attached to it if anybody who wants to buy a Terrace House always buy the lot next to the corner because the corner lot will

show buy you out a trip oh people don't know this yeah so if you to buy a shop lot or buy the intermediate one if it's priced the same usually developers not so innocent really people they going listen to me they you buy the one that is at adjacent to the cornner lot because the corot Always do good right got money they where they expend they expend sideways only one choice my house that's how you make money right so but Terrace House in a landed Terrace development how many corners are it right but here you

can control so now I can build more of the typology that people like him like you get what I mean that's why he will be the next customer form so so that's the I think you all should go and see it but Personally I like the very unconventional like the fact that it takes so long to let you understand a landed home is a bad product for me in terms of sales why I want to waste three hours to let you understand the concept right on a normal one you don't even need to see the

house you give me booking for so that's the level of innovation that the developer is trying to push which I appreciate because I can never do it I like money too much yeah So do take a look at the layout because it's very special is the first ever octagon concept Park from in Malaysia even sean if Sean cannot explain it Jean also cannot really let you picture it you definitely have to take a look it's worth it no I I can explain they don't understand any if both of that cannot make you understand it's just

you just take the queue Just Go With It uh just take a look at the unit right there I think the markup right there now let's Move on to the different types of lender properties that we have here in Malaysia yeah we have Terrace we have S we have Bungalow now many of you might already know the difference but just for those who do not so Sean and Jin maybe you want Enlighten us on that as brief just now the amount of openings that you get Terrace is two okay let's start with apartments one you're

going one facad that's about it the one that face the internal void one that one is not Considered one okay one then on Terrace House you got two corner lot you got three opening sem you got three but one less neighbor Bungalow you got no neighbor attached and that's ultimately what people are paying for to not have neighbors right because a lot of people will stay condo before upstairs don't know why must be 3:00 they move furniture and right then when you stay in at Landa before why must 3:00 the dog next door b or

Chinese New Year like no Need money at that right so all of us have that frustration but guess what Bungalow also will have so what they do they move into Mansions that's talk about it so it's like 18 million 20 million and got the one that I review on my Channel all got sold just when you thought nobody buy God they buy te down Reb different level okay I I I'm not there yet I hope to so that would be the main differences besides that older uh older Terrace houses you will have the Staircase in

the center then you will have a small little passageway to go into your kitchen because you would have a partition wall everybody can imagine your akong house really right uh they have a partition between your living dining partition kitchen now new one is because when you have a staircase at the side is open but then in terms of funu you need to fix something things right because you have a direct one not so good then you put your sun to there you Put your kitchen and you do your thing right know you call me upstairs

it's really standard three bedrooms two bedrooms with a family Hall uh my my take to it is if you got money always go for Corner because there's a group of investors of my friends not me I'm not included every development they will just whack all corner so Corner Lots will have a different demand and Supply compared to intermediates one that's why I say like if you want to buy Intermediate right buy the one next to the corner but developers won't S innocent price already so buy before the video is out then but on the bigger

picture when you look into landard right the strata and individual title difference one is under your control one is under akong which is a government some people behave they don't want to pay money but they want control that's when the frustration kicks in suddenly got that one patch of land is mine it's My landscape Haven right then when the people come and just concrete over it and park cars right they becomes a whole neighborhood dispute So when you buy properties do you prefer a body that you can actually voice out to or you just always

want to rely on on the majes that's another thing then when you buy ready what's the next consideration renovation can you express freely what if I can to 2.5 million right I want to renovate a house cannot strata cannot But in order to say negative things about it have you seen a lot of houses in SS or Jalan 222 area ss1 PJ area next to you can anytime be a moss not not a moss a temple or it can be a kindergarten or it can be a warehouse anytime and you got no say individual title

man people cannot say or comment what you do you cannot do the same to them ah then when you have a car park issue fight over it see who early put theu there put the rubbish Bean there to Chop your space right on a strata development you won't have such issue that's a dedicated visitor car but that comes to the cost so are you okay with 300 V to 500 a month or you want all the frustration that comes with not paying them so those are the different in uh typology for landed right and based

on experience I'm a huge fan of uh strata title development because I want absolute peace I want double boom Gates I want people to plan and maintain plans For me why I want to pay so much money and do it myself s so much money go trade stock better right so yeah that's my take personally share a very same take to to Sean because I stay in uh semd right now and then wow thanks thanks to my say his dream is to have a land now he's already leaving in one okay a parents house okay

so basically still stay my parents not luxury like you all Are uh so essentially uh staying in a Landon House for like I think close to my entirety of my life essentially the main difference I noticed when it comes to like the different type of uh properties you see in the market right strata actually to me I feel personally for somebody that's lazy to want to take care too much about stuff I prefer strata because when I go home right now like what Sean just mentioned right um car Parks is a huge pain point and

There's no governance or mandate over there when neighbor not happy with you you cannot complain to them nothing you can really do you can just look at the filler and then he's going to stay that the next 10 years you don't talk to him forever and there's really nothing no nobody there's way for you to mediate this disputes right whereas in strata is already very standardized I see this design language is going to be quite certain I see this for certainty and Then Landscaping as well now for the case of my area over there where

stay it's a bit of a foresty kind of f one the entire Landscaping over there everybody is different every house is also different it gives you that sense where you come home is like why can't I just come to something that is a bit more Serene a bit more quiet something that is also just standard like I don't want to think about the problems because after hard days work what's the point of Coming back to stress about all these other nuances right my neighbors are like don't want to say further right complicated in that sense

so personally I feel that if you know there's somebody that actually mandates certain things over there then it's a bit more convenient for people like myself yes your word carries more weight because you are current living in the C and you've been through that we all cannot relate but we will take your words for It now so both of our panelists here Shan and also Jean agrees that strata is actually better than traditional landard now I think that is already a wrap for our session right here or you any more key takeaways that you guys

want to input before we call it a r is a is there a show you need here yes there is a yeah got go show you yeah later please go and do a video I promise they will all watch no one will you guys watch okay now so the difference here is Okay now I think I just want to know because this is the first time somebody has done things like this right so back then other developers when they launch new project also right I will be the first to go because I like new things

in the industry because of the risk right so I just want to know what's your take on the corner lot and in the intermediate and if money is not an issue which one would you buy do you even need to ask if money is not an Issue do we really corner or intermediate who here wants Corner if money is not an issue different you going and see first very different really one is long long look at a scale model to really understand if you take a drone and shoot right you can really see that there's

a back alley where is supposed to be the intermediates garden so I think that what is very interesting because I I don't have a kid yet okay but in the Event right you need n months right so essentially this particular area you can have your kids like what you mentioned just now right how do you ensure that your kids is going to be always on patrol basis even if your significant other is cooking and whatnot so I think that part of the Intermediate Unit is very interesting I mean if let's just say money is not

the not a part of the equation this one also is still debatable like which do you prefer right Because the design langage is completely different one we you pick so please go take a look at the scale model and then you let Sean and Jin knows which one do you prefer corner or intermediate intermediate I think for me have to be corner I will always I like the name I like the name of corner unit yeah just like parking right true uh H the corner one the the front entry is bigger you can park three

cars the intermediate one only two cars I prefer The intermediate why because when I go right the first time I visit I thought the intermediate would be priced higher oh interesting how so you put me in the heart position that I will tell you offline so ladies and gentlemen we will now open the floor for question and answer so and do you guys have any question that you want to address to Sean and Jean relating to their sharing just now so I already expected this usually for question nobody will ask I Already prepared one question

so Shan and J now what does 257 have that others do not I think something very unique to this Township here is that multiple developers concurrently marketing this address so when you have this address in Property Guru and ey property was top for the past 5 years in search why because you got six developers putting in money to Market this address so all of them all put in their money to make this uh Township a goal right also when You got one gigantic piece of land maybe a th000 Acres I split into five all build

your own suddenly you will see a lot of things that's coming up imagine to only one developer building 1,000 you slowly one by one one by one right so now in terms of development as a developer then it sucks because I got a lot of competition but as a consumer then I got direct comparison so if you want to make a choice here do I buy an existing semid or do I buy an individual Title or do I buy closer in the older Township so many other choices so that's why it pressures them to make

a better somewhat new product I think also they will adopt my S and just build a conventional and sell and J and but because of the market pressure here and when you look at it right you talk about Lake how many leges here everybody has the same L you talk about uh Mall a lot of malls here so International School everybody got bro Township uh the Commercial lot everybody has their own because all need to comply to the same requirement set by the authorities yeah so now it's what which one you like which one you

resonates the most but if you go into other developments is always one player building a lot so that one you cannot say much and pricing is they call the shots you don't buy mine you got to buy 2,000 acres away here then got to be a little bit more sensitive in in terms of price I think since Sean Shares the macro point of view right like the entirety of the tpg like to be honest to pronounce tpg the full name Pang Lama something okay see I can't even pronounce it I love the fact that developers

nowadays join forces together bang sou right now this tpg itself it sounds so premium sounds more atas right as compared to like I don't know what you call it just now right T say something something something the oh The the okay okay yeah the something something okay m not very good but essentially this tpg the the entirety of the name and the how you actually kind of establish this particular area right I mean coming back to 257 first so to me I think what really separates this particular development over the other ones over there because

Sean has already covered the macros set things right to me I think the main one has to be because there's so many developers Working together to make this happen right within 257 itself what is very interesting is because this place I like the fact that this one is actually a cycling friendly environment and the cycling can actually go all the way to shopping mall you know where shopping mall so if you if you drive through the shopping mall you can go you can ride your bicycle inside the mall inside the keyside mall and it's also

very friendly for the elderly that's on view chair now For me personally if let's just say I would to stay in a Township that's with my grandparents and whatnot right this is a huge plus point for me because my grandmother can't walk you know so for me to actually have like this place as more of like a a retirement or maybe in my 40 50s where I need to take care of my elderly parents it's very convenient to for me to actually just bring them around so you don't see many Township that actually very detailed

thought Process when it comes to like the smaller finer details so for me I think this is one of the main highlights like the like the real details of like how they actually emphasize on like um the Rams and whatnot thank you so much J for staring it as your wheels now we shall open the floor to question since I already asked the first one get the ball rolling anyone here have questions that you would like to voice out over there so can we send a mic over to that no so Now you get Sean

thank you so much Sean we know you are into working out this can be your warm up uh hi guys so I have a question about corner lot versus intermediate lot like uh what you have mentioned earlier what should be the rough premium that should be paid for corner lot since sometimes I see corot demanding up to 50 or 60% premium is it Justified you want to go I go you can go first okay so I think it's still not enough again the lowest nightmare is When short become a developer okay because I know in

terms of uh extension intermediate you cannot do anything much really kitchen front porch upstairs no more but corner lot you can holding work off and do the whole thing again so the value often varies because corner lot you will have that very weird land shape so developers also try to sell you land that cannot be used because at the end really okay I cannot put another one more house so I will just drop it out as A the extra land and I so sell to the corner lot but often that becomes the main reason why

a lot of people with money they want to rewards instead of buying a semi de that is restricted in terms of build up that's why a lot of people prefer corner lot Terrace houses the guidelines on the setbacks is actually way more lenient than uh semid semid your setback behind at the site so you buy land but you cannot build one other 5 ft recess right build you extend Two feet right waste money so that is the reason why the Dynamics for cornner Lots is always very very high one intermediate can go like 700 but

corner is at 1.7 one but when you think about it when you got money which one you want to buy cor that's why we always want things that we cannot reach so easily yeah I don't think there like a flat percentage of Premium that you pay for one particular area number one I think is the demand of the particular area Itself if let's just say the Intermediate Unit is going for 700,000 and then you cannot expect it to just like jump to a huge number in my opinion because I feel that there's always going to

be like uh uh market value for the land itself so if the land size is only like maybe a few feets bigger a few feet in large in in size right you're not probably going to get like way much higher premium just because oh you know what I want to Expand my house all the way to the end unless you're talking about very established very high demand location whereby these people over here are also like abundance of wealth that they can actually develop whatever uh need or what are space they want right so it really

depends I think on the location when this context is also asked because if you say let's just say for example Intermediate Unit and the site there and then Intermediate Unit and the End log in Desa Park completely different also so the premium that you want to pay is also dependent on the location itself and how the demographics over there is willing to expand or expand the house in that sense so I think it's very controversial there's no flat bit answer to the percentage though my exact example right uh my relative in tanong saat do you

know tanong saat no it's a b further down tanong sa the corner lot just sold for 1.2 million Intermediate 600 standard bare finished why and this is the like in urban setting for investment we always mark up SBA M right because we want to qualify more more loan right in places like that is always the other way valuation is 800 but I'm still okay to pay 1.2 one for obvious reasons right so that 400,000 goes to somewhere else but that is the format one a lot of people there don't even take loan one and when

you want to have that kind of purpose what do you Buy you spend money on renom right so if okay since the video is mine right I can edit it out yeah so because of that reason also I didn't want to share that obvious but since you want obvious answers right if I got money now it's easier to buy land and build than to buy a ready one the whole street kangan is like that n j Jang Jang right valuation is correct he's correct valuation you cannot go too far often unless there's a structural Integrity

or expansion your One 2,000 this one 3,000 ft okay I can justify land how much I can justify Bank valuation give you the money can loan you this much but at this much you don't want to sell unless I pay you more at the site settle the so what about those strata development such as those in Desa Park City you literally can't do anything with the corner lot so even if you buy a corner lot that kind of defeats the purpose really because it's tratala but in that case would there Still be a significant premium

that depends on what do you mean by significant no 20 30 to% extra is definite one is more than 50 to 60% that I'm looking at because when you look into show units right why developers only build one intermediate and one corner because the corner is designed separately your dining space will have facing the side radio all but if you eat in the intermediate house right you face the wall on right because of that then At the side people always build fountains build Gardens build whatever man right uh that's worth everything ready then they will

put in the timber deck and all you know right all the treatments so is it 50% more is it 30% more but when we deal when we are dealing with things that is about once not need the budget right it's not restricted to anything really but the buyer that's why the craziest deal that just got dealt last year was crazy man In theak City landed uh yeah so I that's my answer yes it's all about percentage but the percentage is based on how much that buyer is willing to pay to move into the address and

that's how people make money from landed developments when you buy landed you don't hope for rental yield cover your installment unless mine in Singapore where it's at the custom different different story but based on that is is Based on how much somebody else is willing to pay to leave in that address so it's the highest beer get kind of format so price will always go up for Lander in that way but when we invest in apartments is always based on who gets the higher rent when I buy the rent can cover my installment very different

game okay see question okay by all right any other question one more I you not stress Sean right in front of you oh sorry sorry sorry sorry P say p say hello so Uh personally I'm just quite curious about no personally I'm quite interested in in investment but my question is in regards there so many typ of investment is is property still uh no rer easy investment like compared to 10 20 years ago at this moment I think this is a question that is very subjective to your personal situation also the reason why I always

say that it depends on where you're at circumstances everybody is unique in that way right if you say flat Bait answer is property investment the best option in the market the short answer is NOLA right because today we have a lot of flexibility in other asset classes so I'll be very transparent you could just do stock market where active management isn't really required to a certain extent but if you talk about buying property that is discounted or like heavily undervalue then of course you're going to have a potential upside that's already there but I think

Property investment don't take it as like the one and single own asset class that you should look into you should always diversify yourself into other asset classes as well property investment is more of like um Building Wealth with your income that you actually earn because you get a pay slip every single month I would assume like if you're working for someone you will get a pay slip and that pay slip actually entitles you to buy a property Already and The Leverage that is insane because there's no asset class that gives you this type of Leverage

without putting you at risk to to a certain extent because you still have an asset that is actually tangible sorry I used all these jargons right but basically you see this particular property and you can rent it out as compared to an stock where by it's just a intangible product that you just kind of know that it's going to grow over time so I feel that Don't always think that property is the best and only one investment product that you can go into but definitely always have the first tool because first two 90% margin what

is the next day the government change policy first one 90 second one 80 then you are in a not disadvantage in my in my perspective my game W suddenly a speaker here I shocked oh okay anyway uh my strategy has always been this I buy properties using my credit and I invest All the money I have in other things because I cannot take loan for stocks I cannot take loan for crypto don't talk to me about margin one times 100x and things like that uh this is not a discussion for that but that is my

current strategy because if you were to buy property in full cash I think it's a very ridiculous thing to do right so why need to why do you need to pick one property against the rest like personally if you want if you know to Play returns right like today again it's my video like crypto did very well today this morning like Solana like 11% up go out bro today that's why my my a lot of smile today but that's beside the point but then it's because there is hard money that I can lose over time

but if my other investment all go to zero right property serves still that safety Factor right and in Malaysia because we are still in Southeast Asia it's still a romantic Feeling that every man must have house if you go to family gatherings right hey you got property or not don't have you so clean although you rent a 8,000 ring house right you're so beautiful no place to call home right so ultimately in order to be an adult in this kind of economy you need a house okay and whether you believe or not I our team

uh we foresee that property buun is coming in fact for those who have followed my Instagram you have seen the one in Mona I bought 900 per square feet 2 years ago now it's 1,4 transacted woohoo that's why more smes today so again but that I can I immediately cash out I can't uh and this morning I just shared about the harsh reality about property holding and investment my cabinet SPO 11,000 toilet SPO 6,000 then plates and bowls and things that one like 600 like wow why they use more better than me all this Kind

of things so like the property game is supposed to use leverage on credit to buy suddenly cash on cash returns makes a lot more sense than to just buy stocks because if you got only 10 ,000 I give you you're a Godlike like Warren Buffett level kind of investor 20% a year that's 2,000 bro oh I let you stack like compound interest 20 years how much right but a 4% on property is a lot more than that you get what I mean so my game is to use that to lock down to then Invest the

rest that I can do I can still proceed with life because people don't like property because it's slow nothing to do one buy R out really just wait every 28 oh bang in don't bang in I chase her every year and year year so your price increase you want to liquidate out cannot because it takes very long right I sell a property 8 months later only I get the money yeah but that is and because of that nobody wants to sell That's why property price keeps going up and early in the year I went to

this interview M I predict this Malaysia YouTuber predict Malaysia Market will go up 4% everybody love my YouTuber can become now right but you look into the latest age prop all these kind of Articles all is 3% 4% 4% seems okay not too bad means the different narration of whether a property is good or not highly depends on the player a lot of people don't want to talk about this you buy Already lose money when the median of the whole country makes money is it the Market's fault or is it your fault it's that you

buy stock you lose money but KLCC go up right you suck bro but cannot say I will get bash I will get cancel online you what I mean yeah so that is why the narration you still got a question oh okay okay okay uh hi my name is tang and I have a question to ask so basically talking about highrise right so given that at a good location let's Say they have a six to seven faces and how do I make a decision to select which phase to buy basically it I think one of the

point to consider depends on the tenant's Behavior so would the tenant choose like between the seven phases or six phases with the tenant choose okay the cheaper price one I will take or I will go for the one that is nearer to the uh LT station something like that well seven phases of property in that sense typically how developers would Actually price a product is first phas is always going to be the cheapest product because you want to get population and demand and to sell out for them to actually get the loan to actually grow

over right so the first development is always going to be the quote unquote cheapest entry price for you to get in L so I would think that for tenants because we actually manage quite a fair bit I think close to about 2,000 tenants as of today The understanding is that for people that just rents they would always go with pricing tenants are very price very price sensitive the slight 100 ring difference which translates to 1,200 ring at the end of the year is going to determine whether I choose your unit or the other unit so

I would think if your property purchase for investment it's always about your entry price just like everything in the market if today I'm a trading business if my price is 10% Lower than the market I already have an advantage I got 10% extra margin to work with so I think if you're talking in the context of like seven phases of development ask yourself which is the cheapest if the proximity for you to get to these amenities like the train station and whatnot is just a 100 met or 50 m difference no difference Lao what you

want to think about is how can you get it at the cheapest price for investment basis at least that's my take More complication to the question is it by the same developer or is it not if it I say yes then I think they will have covered all that is the concern of the brand new buyers really right so if it's this developer for example I built phase one phase two phase three phase 4 phase five right I will ensure phase one buyers won't lose money but if it's all developed by different players I will

make sure you lose some even tank themselves so you cannot survive right And in that kind of situation there's this rule in apply in Far Capital also where new versus old if the new property is within 30% range of the old property we will always buy new for example the project that I am living in you all know right J right it's double the price of an older apartment right opposite they always come over and E one okay so it's about 400,000 I bought mine at 700,000 each is within 30% range so all tenants will

Prefer new buildings with new facilities even if it's within 30% price range and when you come to a area like in uh sambut monara when you have buildings after buildings after buildings right this them will be a very good gauge do I buy new or do I buy old but the reality is tenants will always like new because newer facilities and things like that so when it's the same price which one you buy new right but that's why they were price higher but Because we had this thing called covid our game plan moving forward for

now is we are trying to buy things that is built or launched before covid so for those who has launched that day all cannot sell one got all price too high during covid right now we are getting them at a discount if you know how to if you follow my channel right cannot put too loud then the other one is when you get this kind of situations you need to compare rental rates if first phase Cannot break even when you still want to buy second phase because we had an earlier discussion right so that's the

crucial part of your concern why are you it's like comparing which one lose more money so my suggestion is to always view more properties first the goal of the develop the goal of investment is to not buy the cheapest property is to buy moneymaking properties right and just because you are more familiar to that location Subang right I grew up there I want to live there forever or whatever right do more research there right yellow to me it's very hard also initially but you just need to go where money is okay and rent is what

is that quiz is temporary demand of space means is derived by either students or job opportunities or tourism in your location neither and MRT I also think that is an oversold thing how many stations in total MRT like 300 then all of them connected to five right You got 1,500 projects all selling MRT connection you get what I mean and it's not even built so meaning they price in ready the premium not like the one that I buy finish buil ready r out already only they announce got train different story yours is resell because that's

a train you think they will sell you cheap me no ma yeah so you just reverse calculate a little bit I would suggest to go for my rule is 20 different properties we see another 18 no we see Another 19 because it's phase one phase two right yeah thank you thank you so much Sean now anyone more have burning questions no you sure we have two experts here you don't always have them under the same roof and asking them face to face okay when it comes to a property where you have du purpose to own

stay as well as to rent out like different rooms yeah Dual Purpose all right Dual Purpose yeah so in this case what are the is There any other factors to take in because uh basically I look at your channels mostly is about the route about own stay the route about investment very rare about the two you know the hybrid one I my take to it is that buying a property you need to number one like it first love because you see yourself I sorry I didn't get your name again tan tan like tan there is

going to be somebody with a similar um user Persona as you somebody Is going to like the things you like some somebody is going to be quite similar to your personality now for you most importantly for whatever reason maybe there's a coming or whatever reason this particular property doesn't hit your price target for example on the rental rental price range rate the most important thing is do you still like the property because if you don't like the property and you bought it purely for the sake of investment then I think that Is already a wrong

move because at the end of it if the property cannot get your rental demand of 2,000 is right at least you still okay to live with that area that location at least there is still a second option now rather than leaving it there completely I don't even want to stay there I cannot rent out I cannot so so then there like a double wh me right it effect where by oh I just hate property investment indefinite because I have a bad experience and bad Decision making so I think personally you have to like the product

first something from a own State perspective because at the end of it what is a house a house wasn't an investment asset class to begin with it was for you to actually have a roof over your head right so if that property in essence you don't like it to begin with because for the location or for whatever reason then you going and purchase it because you say investment opportunity that is very high I think that is something that I would not personally recommend La I would always kind of think of it is this something that

I would like to stay here and then how is the rental you on this particular area and then make that purchase so that in the event it does not hit for whatever reason my rental demand or my rental yield I can still back and say yeah this is a property I don't mind staying it and when I want to exit there is going to be somebody that Is similar to me that will want to purchase it also so I think always view it in the there's no one take off is it for investment or own

stay it's always going to be Bula you have to put both into consideration before you make the purchase I disagree and and that's no and that's the beauty of the debate right like that's way we can disagree on things to me the entire consideration of investment is very different from own State own State I want Serenity I want Privacy I want nature right I want fresh air means far away or either very expensive in the city who's going to rent then the things that we want for as investment what's good for investment connectivity a lot

of people all right a lot of activities borderline noisy kind of things right will you want to stay kind of location cannot right so that's why the initial intent property is already very obvious like the one that I just uploaded on my channel that got Three room in one apartment one you want to stay it's purely for investment M then if you go to the the other earlier prototype where I got five key five studio apartment in one apartment do you think you want to stay right so I don't think that statement then makes sense

because you want to buy own stay or whatever but I understand because resources is limited I want to buy and stay first hopefully it can be an investment so it's say investment first You compromise your own stay preference for the meantime but if you want to buy more of a own stay hoping that that I don't lose money then that's the 85% rule that I have current rental can at least cover 85% of your future mortgage or installment then it's a good goal means like you you earn money I want to buy a 1 million

condo right when uh installment is 4,5 if the condo can cover 4,01 to 4,002 today by row because why the regret will kick in everyone say When I buy a home right I don't expect returns one I don't expect to sell one I did six years later you stupid project because the things that you like nobody like right so just to ensure there's a certain percentage of the society accepts what you like that is that 85% rule just to ensure 5 years down the road your exceed strategy is established exess strategy here means at least

can rent out or at least if you sell people want to stay so maybe one of Them will want to buy right because a lot of people buy Own St product or lose money but not very cool to say right everybody oh that's why why a lot of mention lose money imagine when you got 20 million in a bank you buy one piece of land 5 million build another 5 million right entirely your liking so you expect another 20 million net worth person to go and buy what you exactly like why can't one why can't

he build his own number one right and yours is Outdated so that's the common frustration that allot of people come back to me so when we do renovation also I will always advise to not uh ignore what Market trend is you go a long way I like my toilets more right like a lot of houses got one toilet only a whole house one toilet last time I don't know why is it cool let's to B to scrub right but nobody like this kind of house and when they want to buy suddenly I need to add

two more toils in the house that's why No Market you get what I mean so conclusion is either for own stay or investment if you don't know compromise own State preference a little bit more and base on investment first because if it's investment at least it's convenient for you to hustle and earn more money before you buy your own if you somewhat have that in between 85% rule applies okay to well I I also want to restructure my sentence a little bit because no no no no no what I was saying No no no no

no no no I was actually okay maybe I didn't transcribe what I wanted to say earlier in that sense my my thought process of buying a property has always been revolving investment one okay but in the event I like to have contingency plan if plan a doesn't work out the way I intended it to I need to have a plan B I'm not somebody to go all out risk it all just like let's go Jala right you need to always have a backup plan in the event things turn solve you Don't know when is going

to come again it will never happen again very likely but these are circumstances that you would never know that is life changing or so the way I view property right is that for whatever reason like I also believe like you have to cover at least 85% on the rental right and that's the case for all the properties that I personally bought but the thing is also in the event for whatever reason this property did not work out the way it Intended to can you still want to stay do you still want to stay there if

the answer is is no right then there's it might be somewhere in like a very far secluded area and the context of let's just say the bangalow or the Villa that Shan has just shared just now right that one is a different type of level already that one is like I have abundance of cash I can design whatever you know architecture INSP inspired kind of product that I want to live in right so I think there a different type of product and different type of mindset and Persona already so I think just if if you're

talking just purely of like your personal persona right just kind of know what you personally like you already know somebody rather uh somebody is within similar Cadence to you what so I think for you to offload the asset to somebody that similar to you is also way much easier as compared to like the other other circumstances though I Believe there are two School of thoughts no I want to back I know so I'm trying to stop you but it's okay last one okay okay okay so okay the backup plan that is one of the worst

advice I've gotten for my first property if nobody rent at least you go and stay right so what kind of property that you will pick pick what you like really or so the contingency plan then I agree so in investment we have this thing called multiple rental option what Is considered a good property in our books if I were to rent out longterm can cover if cannot I rent out room by room cannot cover I ran out medium-term shortterm I ran out by bait I partition ran out like hostel right if can fulfill at least

three that would be the backup plan you get what I mean it's not that that's why I don't really like Airbnb sole purpose kind of development because if a B and B don't work nothing in the world can save Your property right so that is the contingency plan for an investment property that's why I personally think we can only talk about buying a home when money is no no longer an issue in our that's why I estimate My ultimate home is going to be when I'm 45 because I finally know what I like I finally

know where I'm going to be where my school my kids school is going to be because now I cannot move house because his swimming school is next door hey my Money cannot because ultimately our house is not our house if you get what I mean it's dictated by the wife and the children right yeah so in that sense until everything is stabilized because those are the moving things yeah again if you got money then it's a whole separate story but this is building on from a person without resources again I think the the thing to

take note is the multiple rental option plan a plan B plan C that's why when we buy property It's very hard to really get one that we buy not Suka Suka buy but although it appears online that I Suka Suka bu okay no it's just that plan a got Plan B got plan C got it's almost impossible to fail one because like he say rental is very sticky now6 next year2 and very rare one yeah okay so that's your closing argument I see that J has a come back right do you want that I feel

like there needs to be another podcast session to Address this matter a little bit better I I'll just add one last statement over here because uh like as a as we mentioned right we not only just do uh property contents online we actually do manage this properties as well so I think it really depends on your risk appetite where you're at at your life and also the strategies like what Shan has mentioned this one 100% agree you need to have multiple rental options uh Beyond short-term room rental Airbnb you Need to have a lot of

um this of uh clientes to actually consider right but when it comes to like what Sean has just shared just now I feel like there's going to be a very long debate on how we can actually address this it's also very dependent on your personality like maybe he's a very aggressive I'm more towards that I want to be a bit more conservative I want to ensure that it's going to be consistency of cash flow at the end of the month right so it depends On your personality on like how you actually want to invest or

Sola so I I don't want to go any further because stay tuned for the podcast that is coming your way make sure to follow staywoke property on all his social media platform and also follow ehon on all his social media platform to make sure that you do not miss out on this very interesting podcast that I foresee can go part one part two part three who knows maybe even like your development Part seven Now ladies and gentlemen if there is no more questions from the floor we will now close the Q&A session so I give

you one last chance Last call last call finally last call only you raise your hand last call only last call one on uh Sean I would like to ask you um okay in your tag you see that a is uh um your least preference uh development but let's say let's say if this property that long-term can fetch already can cover your installment and Then ABNB becomes um uh they they can fetch higher demands because temporary stay uh temp temporary needs for stay they have demands and then for A and B uh they have a better

demands will you still choose this kind of development yeah why and mind so against uh Airbnb oriented properties right okay that statement needs to be read along with the timeline of development only two years ago there is Purpose built building solely for Airbnb last time it was all sukasuka cannot run out I just turned my unit into so that causes a few problem the risk is from different levels one your management body can just ban Airbnb whether you like it or not no more even if they allow they can which is the solution that we

also provide is if you want to run an FB andb operation for your unit deposit 100,000 if you cannot means you're not legit because there's no Requirement for anybody to run an operation so imagine what's going to happen a building with 2,000 units 30 different operators your whole Lobby is a okay and when anything spoil the management cannot track whose fault is it whose customer is it okay that now one number one number two uh our slang government is very friend with Pang Pang just Bann on residential and why same issue like the facilities kind

of thing every weekend I bring my kid suddenly I Work so hard right for the weekends right the whole swimming pool back with strangers so what for I want to go so presidential cannot then you go to commercial buildings commercial buildings then is not built so resy field man okay third level if we follow Singapore do you know lbnb is banned in Singapore because why who pays more tax you think operators pay more tax or uh hotels pay more tax as a country I will promote hoteliers why I want to promote ABNB you never pay

tax they all do illegally all black Mar right so because of that so now developers are now building purpose-built ABB andb products to capitalize on the increasing tourism in KL okay so even got like hybrid model where it's like an afterthought kind of thing the 100,000 deposit kind of format would do reduce and limit actions of operations that then make sense but if you buy only in location such as Port Dixon solely Airbnb how are you going to Maintain because hotels every four years there will be a huge chunk of budget in renewing that's an

active marketing department and an active Bank of house Department to make the building feel good your residential project got four cleaners in with one admin who hold they make noise man right yeah so you get what I mean so in that kind of sense long term is not going to be beneficial again that is for current project that is an Afterthought running an Airbnb if it's a pure Airbnb designed building so the management will not ban because everybody who buys is expecting a short-term state kind of thing right then it's okay then if it's from

a nation point of view like whole country band I don't think so because K now is super hot we are top four in the tourism board right now uh then because of that then you need very strict regulations so so the next thing is have you buy the Format of operation are you going to operate yourself or you going to JV with somebody else because the potential problem is when this is legalized everybody is an operator now I ran from one a B CD I got no cost then I'll just run out one by one

I'll just profit share on no loss one oh then when everybody Troll pricee how's the building going to look like the way forward is to limit the players so sooner or later I don't know whether to Propose to YB or not is to have registered short-term State operators I think that's the way forward canot any Tom Dick Harry also open your startup your company then take then scam people then CH W out you get what I mean and a lot of people canot scam and they not come to me because they know my take on

this so don't buy uh and because before Airbnb a lot of my videos on my podcast by talking about last night it was sold as hotel Room unit grr basis that's a whole different topic all together because last got no shortterm ST no ABNB right so that's the evolution of it do I see it's a solution to the housing thing I think so there's this Dem but not enough 4,000 actually in K now KCC one room also 450 580 right so you rent out 380 make money I know but if it's your first property then

I wouldn't I wouldn't it's it's not a property investment you know it's a business Investment you know you need to monitor by week by month by day one it's a job who checking in who checking out who do this who do that damage here need to replace damage then didn't like they end up getting fired in your full-time job right to me if you want to buy this and operate yourself whole different format buy to JV with operators different format leverage on other owners to build DS using the and build is a whole different format

okay see how you want To play it but generally yeah all right there is a follow-up question wait for a moment for the mic to reach you okay uh say let's say I already buy this property uh it's under commercial title done and dusted so commercial title means uh in terms of water pricing is not under in the water uh you have to go through management there's a different tariff it's higher tariff in terms of uh uh I think tax is a bit higher like in under commmercial title so if let's say This kind of

property uh how what what how they told you a redemer when you not no no no so so no I want to ask how is you bought this is an is supposed to BN ABNB uh it's not uh but since Airbnb can rent a can better rate State temp need like renting is good uh Airbnb is better uh so this kind of property uh will you still choose this kind of property okay I get your question right um so you have a building now because it's commercial title so the rental also very good but ABNB

is better then the commercial rate of utilities one you can actually convert provided all residents can prove they use it for own state in your case canol right but utility rate versus residential rate sh right it's not going to bankrupt you water bro water is a damn cheap which again I'm not I don't sound Singaporean so but my point being uh if it's a commercial longterm versus mbnb I will always pick longterm why it gives me More peace of mind to earn more money and buy more but if you if resources is limited then you

are actually trading time for more money by managing the unit which is ABB and B so again this is a seasonal thing that's why I always encourage units to be all fully furnished to the TP to year just because you work for the makeover guys right correct I also know but it it opens up all possibilities Airbnb o can long-term o can medium-term shortterm bu room by Bait everything o can ready in that sense so there are units that we have seen in the sister Township in Gamba Co Peck time Airbnb for three months nonp

time rent out medium-term 6 months Best of Both Worlds the unit is the same one so that's also kind of format so that is the risk how you manage that multiple rental option but do be careful or when a lot of people Market the project as a very Airbnb friendly project if long term renter can already cover do you Think I need to Market you get what I mean oh here room by room renter can cover installment one means long-term cannot let's be smart about it now if Airbnb is the sole reason why you should

buy one project right be a bit careful yes you will make a lot of money but again season one so like when's the last time you went bought Dixon but my our parents day it was the place oh hus wow right now I don't even go I don't know even where it's right like booking me Now it's hot then you need to compare Airbnb in what location basically it's Beach City and mountain in KL which one then you get what I mean right so that's the consideration to be made more money is I'm all for

more money but is it trading more attention and energy on my side and is it worth it you get I mean why settle for one when you can settle for 25 you can allocate more resources to earn more money instead of just managing one Focus in your time and you Know sometimes when you run your uni out at BNB you have a lot of frustration it affects your mood affects relationship so no Now ladies and gentlemen if you have not a lot experience speaking for experience I de a lot of people so sure no more

question H I think we still have time for one final one one final question yeah yeah I should go well you sit there chill here all right so just introduce yourself first before you begin your question yeah sure hi I'm Jeremy uh I've been following you for quite some time Sean I got one question uh what is your take for grr projects that is in contract and it can go up to 9 years are we talking about the neighboring one uh no okay okay everybody know what grr right Guaranty rental return so last time during

the hotel format right I sell one want to add on it's not under like different operators it's managed by one hotel group okay yeah okay defin grr Guarantee rental return right is a format to sell you projects to address the fear of getting your own tenants a lot of people buy property the worst fear is what no people want to rent my house no worries I guarantee for you but a bit more price here so a 300,000 property I sell you 500 as long as you can qualify for the loan I will give you back

so guess what I take your money first 9 years I slowly give you back to you that's grr so The Upfront premium is A lot one okay so that addresses a lot of things so my take on my video is if you are worried about renting your own property don't invest in properties if you don't like to deal with people property is not your thing really okay then if it's done by the hotelier right uh we have I have a lot of audience who wrote in yes contract is signed to who a brand a brand

that is a two ring company in the eye of the law brand means nothing it's a two ring company yes you Win the case congratulations then what so the GRL needs to be read along with the format of the building is it a hotel building built room by room and ran out to separate owners individually that's usually grr format you get what I mean but now on the a BNB kind of format where it's a little bit more residence but one operator takes up 20 30% of the house and manage them that's not grr that's

like a JV kind of thing like if market rate is 3,000 you give me 2,000 or 2,5 anything above that profit share you get 60 I get 40 I do all the work so sometimes in some months you get 3,002 some months you'll get 2008 but minimum you will get 2005 that's the new format no longer grr you I mean so again if you want to buy grr format why it's because you are worried about managing tenants so if you're worried about that may I suggest to not invest in properties because if you calculate back

right any Other FDB gold crypto will give you better performance with less risks so the nightmare of that audience that wrote into to me because it's the hotel unit you buy already right now they win the case against the developer but they win the case against the operator but you got no access to your unit because Lobby is controlled common areas is controlled it's a nightmare and every mon you see need to pay installment you what I mean so a better way of pitching The idea which is a modern way now is the JV method

like now if if I Sean runs a management company who cannot run out your unit I convincing my right that I managed with him then he going run out the unit then I will earn the differ hey suddenly it makes a lot of sense H which can consider but anyway so I lowball the owner and I make market rate so I earn a difference that's the current uh that's the current format now like you see a lot of developers also partner with Legit registered short-term stay managers and sometimes the numbers really too good to be

true and I so scared but I will always need to check is there an option for me to opt out right and when I opt out the unit I can still manage myself and get access to my unit because you go and look into the older Shah Alam subang a lot this hotel hotel it's a hotel you need to go through the lobby sir you bought up Sir is I'm doing some bad thing at that the Hotel setting all people wear C wear mask okay you know you know you go upstairs right dark musky the

the smell is all wet damned nobody want to manage because the maintainer is under the building operator that you just Sue so a lot of people want to be right be correct you know I can sue him on my y you win so what I mean yeah so I would advise to stay away just that now modern developers are I think they also watch The video so they addressing the all the pain points which I also appreciate so it's clearer you buy for Airbnb make it very obvious it's for Airbnb right you're running a hotel

that's why now you have buildings that is a hotel and the Jason service department that looks like a hotel is to address the spillover right so hotel room 300 if you get a Airbnb is 500 a night but you got three bedrooms inside for those more cost sensitive will go over right you get What I mean then if this is a city format you address business crowd very good or under company one they will pay one if under tourism one again sorry Bon or Mala right those will be very terrible imagine a weekend away with

the boys in Mar what's going to happen to the unit right then when they report in your gr report oh because management so much cleaning so much repair this month we lose money nothing to share back to you again and again and again and again Want to op out canot 9 months a 9 years contract and finally to make things very clear n month 9 years later you get back the unit what condition the building will be building is only valuable uh 3 to 4 years after VP where they just hand over gmbb almost go

MC in order to hand over everything must be fixed first nice nice Tip Top first AGM HS everybody happy got food to eat that's the best format of pricing to be you want to sell sell then because all condition is very Good 9 years later bro then you also see an and and why 9 years the prime years right the company took ready will youb andb at old building unless it's haunted or then thank you thank you so much Sean for impacting your wisdom on us now I know that I promise that that would be

the final question but I cannot resist langa so when Lang asked me if she can ask a question I said yes I hope you both don't mind hi uh this is lim okay so um you have so many properties right Um Mano how do you manage them uhhuh yeah so do you handle them under your own name true proy or IHC yeah thank you he can use stay work ma stay property can run out and manage uh okay because I'm filing for tax soon so okay uh most of them is under my name zero under

IHC or company because IHC four years five years ago it makes sense but the limitation to IHC uh when you take loan is you take commercial loan so if you buy residential project you also get 80% 85% which defeats the 90% purpose so unless you buy that's why a lot of commercial building that converted Airbnb becomes their their favorite but that's why also you got a lot of auction Fiesta because of that that's why no more IHC so last time people use IHC for compress loan also so now squ they also Titan number of unit

with date applied no more such game to play with okay okay this one a bit deep but I'll elaborate the I want to answer that question first right so IC don't have personal name I have seen people with which is a friend of the channel right I don't want to mention his name so obvious but he has 100 over units under his name so I don't see it's a limitation one it's very obvious I buy third fourth property 70% but I got money so let's just accept that we need Capital to buy property that it

wouldn't be a problem and guess what when you put 20% 30% up front right All property cash flow positive then some of them I JV with my friends got contract or not don't have but it's a friend that uh when I got no money he helped me he got no money I help him so a body kind of thing so if he today were to sell the property and he take all the money it's all good if he wants the property I will give it to him or so on so it's that kind of relationship

right then I buy for my wife I use but provided like criteria is she can Qualify for the loan so I'm paying for everything so that is how I'm building my my goal is 25 so I'm somewhere here I don't tax purposes we shall not review yeah so he my tax do very well so because I'm still applying Loan in fact this coming Friday I'm signing another SNB hey Don't Clap Don't Clap why settle for one so I'm buying more actually so so this is the how I am gearing to so I'm now taking 70%

loan so how do you go about it how do you you have not like Don't put in so much Capital so the four different channels of buying you need to look into buy new buy Sub sale Buy Auction or buy bu purchase you don't don't need to elaborate so clearly here right but this is where I find my deals most of the time do you have any follow-up question no all right thank you ladies and gentlemen a big hand to Jean and Sean for sharing their insights and Views with us thank you thank you so

much genten