Malaysia Property

[RTS]

sooooooo trueeeeeeeeee

I will Never buy Malaysian property, I had relatives who didn't listened last time still losing money now...

In my opinion, these are the following reasons (summary):-

1)Malaysian Govt can change regulations,laws, taxes, anytime, no certainty that can impact your future plans whether to stay or for investment.

2)Plenty of land there in JB, enough for next few generations.

3)expensive maintenance for landed

4)poor quality developers/materials used

5)low rentals

6)poor re-sale value, so many new cheap and big houses there, in future who wants to buy your old (by then) house next time?

7)high crime rate, whether you stay or not.... high chance you will get visitors at night (normally stoned-high drug addicts) who may kill you over a few RM and they get away with murder because they are intoxicated -high on drugs.

8)Police force is

[Ian Limm]

I will Never buy Malaysian property, I had relatives who didn't listened last time still losing money now...

In my opinion, these are the following reasons (summary):-

1)Malaysian Govt can change regulations,laws, taxes, anytime, no certainty that can impact your future plans whether to stay or for investment.

2)Plenty of land there in JB, enough for next few generations.

3)expensive maintenance for landed

4)poor quality developers/materials used

5)low rentals

6)poor re-sale value, so many new cheap and big houses there, in future who wants to buy your old (by then) house next time?

7)high crime rate, whether you stay or not.... high chance you will get visitors at night (normally stoned-high drug addicts) who may kill you over a few RM and they get away with murder because they are intoxicated -high on drugs.

8)Police force is

[jazz_samz]

I believe u r mentioning the development near Horizon hill? It's a nice area and I hear mostly Chinese occupants. I hear it's safer and less messy as JB first link. I've seen those houses. Beautiful n some at high hill tops with beautiful view and splendor. BUT regardless of the price, I wun waste money in a country that is unstable whether it's for own stay or investment.
My 2cents worth

[Paneraii]

You have to go there and stay once a week. Else...

[wolfeyes1974]

Not worth it.

Friend was posted to MY and stays in a condo belt. There're so many units not taken up and those who're promised a certain rental yield can't even get tenants. MY has a lot of land and has been building cluster housing everywhere. With supply more than demand, it's not rocket science.

[louisoh]

investment or overnite fling sia..


Well, you may want to take note of the crime rate there.. My father used to work there every often and hell anything can happen over there..

If u plan to invest... tink u need to check the security of tat area... in case you are not staying.. and the house is left empty... even tho u dun put in alot of furniture (nothing much for them to steal) but maybe ur empty house might become a place for drug abusers to stay in...

[RTS]

investment or overnite fling sia..


Well, you may want to take note of the crime rate there.. My father used to work there every often and hell anything can happen over there..

[Rolex King]

Sorry miss out 1 thing....all amout is in Rm...

[Rolex King]

Hi All,

I was thinking buying a house in malaysia...
Just a 5 mins - 10 mins drive from 2nd link to that house that im buyning.
Problem is itzit now a good time to invest and itzit safe to stay in they?
Itzit worth of buying a 2403sq.ft 2 storey cluster house freehold that cost only 1/2 mil ?

Thanks