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Don't think its worth it. Cannot use Singapore as an example when buying houses overseas. Singapore is a very unique case when it comes to property. The population is growing too rapidly with limited landspace. Don't think Malaysia will ever have this issue with their vast land available for development.
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i think recently that a new launch of condo at Damansara bcos my fren just bought one there ard 750k for a +- 550ft2Originally posted by terrenceterrence View Post
Peronsally i like to hanging around at Hartamas and Mont Kiara but not staying there
...coz too high class for me
those who bought the earliest condo sure getting a good return from the rental...during that time Sri Hartamas is still "infamous" and the condo there cost less thn a mil...but afterthat some othes developers also launch their condo which is not belong to the precinct of Hartamas or Mont Kiara by putting on the names like "Grand Hartamas" , "Mont Kiara Spring" etc and this really confuse the local and oversea buyer.Originally posted by wolfeyes1974 View Post
B4 i came to work in SG i was work with a Public listed developer firm in MY, my Project Manager need to organize a tour to bring a group of Hong Kong buyer to visit our so called "Hartamas" condo which is not belong to Hartamas precinct
The real high end condo is located at the golden triangle area...i guess Terrence and James shd know where is it
Current - Seiko,Rolex,Sinn,AP & RM
Future - Geneva hallmark
Past - TH Carrera CV2010, Pam 111, 16610, Pam 233, 116610LVComment
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Originally posted by sportee View Post
I agree 100%.Malaysia is so big and even in the city plenty of old areas to redevelop if there are buyers.
In addition, I am singaporean but have relatives from malaysia,I have 6 cousins and all 6 left malaysia to work overseas because of the discrimination, 3 are in Singapore , 1 in australia, 1 US and 1 Hongkong and all bought property in the countries they work and none own a single malaysian property!My 18K Gold Day Date "President" Collection:
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No matter how good Singapore is.... spread your wealth. Never put all eggs in a basket. Never know for a tiny country like Singapore without resources and if confidences are lost, its worth nothing.Comment
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Look beyond, I think Indonesia has a lot of potential too.
Be careful if you want to plunge your money. Know what you are buying like all has suggested.Comment
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That rite bro, it NUSA BURA developer by IJM land ...u have seen that area too?Originally posted by lennox View Post
But now i have to think carefully , about what all bro have mention ...anything can happen in malaysia.
My plan was buying that house for retire use and once aweek back singapore few days stay as holiday.
As my singapore house rent out better income/invest......
Should i still go ahead? Becoz nxt week i have to give that agent and bank officer to process my document liao.
need more adv tks.Comment
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Bro..why not consider the Tebrau Jaya Jusco there? Quite a numbers of new launch of semi-Detached and Apartment and I guess the security level there shd be better comapre to Nusa Bura…
However, dnt listen to the Agent and Bank office nonenses..unless they able to show u the statistic that the housing there are really selling fast if not better study & explore more 1st prior u make any decision...this is not few thousand purchase like buying watches but few hundred thousand purchase...just my 2cents...Current - Seiko,Rolex,Sinn,AP & RM
Future - Geneva hallmark
Past - TH Carrera CV2010, Pam 111, 16610, Pam 233, 116610LVComment
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About Nusa Bura ( Bukit Indah ) area..from that house it a walking distur to Jusco, tesco and giant too... Thanks bro, anyway i will consider no rush rush rite..?Originally posted by dennistwc View Post
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If you are going retire and you can make a good rental yield out of your Sgp house and retire comfortablely with the lower cost of living in Malaysia why not?
I have several friends who are my seniors already retiring in our neighbouring countries, while renting out their Sgp house. Not many people in Singapore have the luxury to do that. In fact i already have plans to do that when i retire. Life is short why work so hard.Comment
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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??!!![IMG]http://www.bmw-sg.com/photopost/data/545/bbm_barcode.JPG[/IMG]Comment
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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.Comment
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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....Comment
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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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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.elusiveComment
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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 PostComment
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