Advertisements

Buying HAUNTED properties?

I wrote about buying properties near cemeteries before and I explained that I have made that decision before and have gained from it. How about buying haunted properties? This one, I have not tried before. Searching online, for Malaysia I could not find any of such advertisements in both property guru.com.my or iproperty.com.my. However, such advertisements can be said to be common in Hong Kong, a much more advanced real estate market when compared to Malaysia. Let’s imagine an advertisement stating, ‘the husband of the owner committed suicide in this property last year. Need to sell fast.’ Would you call? 🙂

hauntedLet’s look at squarefoot.com.hk  These advertisements are considered as just part of any real estate development. Note, even in Hong Kong there are no laws or regulations which said that the agents must tell you so much about the property. As long as the agent is not lying, then it is ok. In fact, these properties are typically sold lower than other normal properties. Or are they normal….? Haha.

To be honest, I do not think I would consider such a property if I happen to come across one. Then, I asked myself. What about 10% discount? No. What about 20% discount? No. What about 30% discount? Hmm…. I will take a look. I may still not buy but nothing wrong with taking a look.

What about you? Would you or would you not? Actually I think, it is possible to earn good money from this if the discount is good enough for us to get some professionals to help in ‘cleaning’ up the place, do some minor renovation including increasing the lighting and repainting before putting it back into the market. Alternatively, rent it out to people who’s not the same religion?

Real estate, full of possibilities. Who knows, in the near future when Malaysian real estate market reaches the level of Hong Kong real estate of today. Buying haunted properties may just be more common. Anyone?

written on 1 Feb 2014

Next suggested article: Penang property vs Hong Kong property

Alternatively read: Top 10 Most read articles

Advertisements

kopiandproperty.com

kopiandproperty.com is everything about property related writings and news. Enjoy reading with a latte.

Related Posts

7 Reasons to buy in a slow property market

If you do not know, there’s always news about the state of the unsold units of properties here in Malaysia. Here’s one latest one.  It seems to be still just as bad as past few quarters. Okay, before we get all worried, scared and hiding all our cash under the pillow due to these unsold […]

Read More

4 reasons to sell, if you really want to sell.

This article is aimed at sellers who are thinking of selling and has been trying for the past 6 months, with ever lower prices. The reason may be because the initial selling price was way too high. I understand too because I have sold homes before. “Is the price I am selling too low? I […]

Read More

5 Comments

  • asali on February 8, 2014

    Says it’s easy. I am a typical Chinese, even with good discounts up to 40%, I think i still not keen.

    • chialih on February 9, 2014

      hahahahahaha…. ok, ok. I agree 100% with you this time.

  • Vincent on November 12, 2014

    If 40% discount, I will pick it up.

    • chialih on November 12, 2014

      Haha. If the ghost is from a different religion from the buyer’s, maybe some would take it up for 30% extra. 🙂

  • […] earlier article here:  Buying Haunted properties?  By the way, someone told me that whether the haunted house will affect you or not depends on the […]

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Property investment news everyday? Subscribe for free!

An article a day, keeps you updated all the way.

Join 905 other subscribers

LIKE us for property news update, FREE.

%d bloggers like this: