Whats the minimum property value Foreigners can buy again~?
from 500k to 1mil RM already is it?
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Malaysia Property
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Whether it is for investment or stay, whatever you buy, you've to feel comfortable with it. Just like buying a watch. Why buy something you have second thoughts about?
As for Malaysian properties, it's really another ballgame and if you've got the aptitude and guts, there's a whole lot of potential there. So many places yet to be developed, and like anywhere else, population is growing constantly. So there are always opportunities that some of these people will "spill" over from the overcrowded cities i.e. KL and settle down nearby where it is still convenient for them to run to and fro from the city. Demand goes up, prices go up. And with the fast train coming up... Well you know what I'm hitting at.
Just my 2c.
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I will nt buy. Security is main issue. Moreover, ere don look lk eres much plan besides developers introducing properties.
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Agree... Only in horizon hills...but the price now is high high high le
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I think it's worthwhile investing if it's in a good neighbourhood and amenities
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Invest in Malaysia? Think twice.
The crime rates is very high thus not many ppl choose to live there unless no other alternative.
If for investment I suppose u want to rent out the whole unit which the agent promise certain %. The bottom line is there must be ppl to rent first before yielding any $$$.
If really must invest overseas, I suggest consider philippines, Vietnam...
Just my 5cent worth of words..
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Just to share my experinces after residing in some major cities in Malaysia:
KL - traffic jam but life is more interesting
JB - poor security, high living expenses, dull.
Penang - reasonable living expenses, good food.
Kuching - I love it because I am from there... lol
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Malaysian are buying / investing properties in Singapore,yet Singaporean are investing / buying in Malaysia..
Dun really make sense if things are so rosy over there. Beware of the risk involved..
Things are not as transparent as here in Singapore.
Who can have a better knowledge / understanding of Malaysia market other than the locals themselves.
Why do u think they will throw sg dollars here even though housing is cheap there?
Think bout that..
Originally posted by Rolex King View PostHi 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
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i was staying at jw marriot KL a few months ago, admiring the nice condo opposite which has the perfect location, attractive price tag etc., however, strange thing is that for those few nights, there were hardly any units with lights switched on... i can really count down on my fingers.
price may be good, and capital appreciation potential may be there, however, if one is relying on steady rental flow to finance the mortgage, need to really study the rental market. also, borrowing in malaysia is nowhere as cheap in SG.
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Go ahead.. A Friend of mine just bought a semi-d at 400k ringgit and just sold it at 600+k. Within 2 years
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In my own view
Money term - Low investment
Returns - risky returns
Value for money - Why not compare to the sign you get in singapore for the same amount of investment.
Correct midset - do not expect like singapore, where it is crime free, high returns and easy access to anywhere, basacilly you need a car, without one, you are more or less a handicap.
If you have the spare cash to get yrself a home away from singapore where you have the feel of a big hse, go ahead...
Gd luck, just my feel....
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Agreed to all, do not rush for any purchase.
14th April, news from Malaysia The Star.
"Australia’s Walker Corp is investing RM1.7bil to develop Senibong Cove, Johor’s first exclusive waterfront enclave, on the eastern corridor of Iskandar Malaysia."
This location is very close to 1st link. Surrounding got many expatriates from US, UK and Japan staying at nearby condo. Got a Jusco in the same area. But i have not assess the site myself yet, will update later if i managed to visit the site.
There are so many projects in JB now, you can always use one's quote to ask for better bargain from the other.
For more information on investing in JB, you can go to Iskandar Malaysia office at Danga Bay, thr is a plan showing the whole development, connecting highway they r building now and you can apply multiple entry(MACS) to enter msia at the same office, according to my fren it is quite handy.
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i placed 1 million sing dollars(ok 700k) in a single property in Singapore...
my dad at the same time placed 1 million sing dollars in KL and JB...
5 years after...i am up 500k...
my dad...besides $$$ down...has so much frustrations paying for non maintanence and whole lot of other issues... the last month i went up to our penthouse in KL opp Sunway Resorts...3 out of 4 lifts were not working...last week while my parents were there and the 1 remaining lift stopped working! tell the old folks to climb to e top 26/27th floor??!!!
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