Investment Property Hotspots in Klang Valley, Penang, Johor Baru, Malaysia 2010

May 1, 2010 · Filed Under Property Investment · Comment 


Where are the high growth areas for investment property hotspots in Klang Valley, Penang and Johor Baru? The answers are all inside Personal Money Issue #105, May 2010. Here are the summaries of property hot spots and some highlight projects mentioned in the magazine:

Hotspots in Klang Valley
  • Klang / Shah Alam
      • Setia Alam (S P Setia Berhad), Setia Eco Park (S P Setia Berhad), Aman Perdana (Mah Sing Group Berhad), Bukit Tinggi (WCT Berhad), Bandar Botanic (Gamuda Land Sdn Bhd), Alam Impian (I & P Group Sdn Bhd)
  • Jalan Lapangan Terbang / Saujana / Ara Damansara
      • Ara Damansara (Sime Darby Berhad), Glenmarie Residences (Horsedale Development Berhad)
  • Kota Damansara / Sungai Buloh Corridor
      • Sunway Damansara (Joint venture between Sunway City Berhad and Selangor State Development Corporation, PKNS), Tropicana Indah (Dijaya Corporation Berhad), De Strand (Encorp Berhad), Sierra Damansara (Talam Corporation Berhad)
  • Bandar Utama / Mutiara Damansara / Damansara Perdana / Desa ParkCity

      • Bandar Utama (See Hoy Chan Sdn Bhd Group), Damansara Perdana (MK Land Holdings Berhad), Desa ParkCity (Perdana ParkCity Sdn Bhd, Samling Group), Kayu Ara (Ong Chong Realty Sdn Bhd), Segambut (mix developers)

  • Bukit Jalil / Kinrara / Puchong / Seri Kembangan Corridor
      • Bukit Jalil (Malton Berhad, Pioneer Haven Sdn Bhd, Berjaya Land Berhad etc), Kinrara (Perumahan Kinrara Berhad, I&P Group), Puchong (IOI Properties Berhad, SP Setia Berhad, YTL Land & development Berhad etc), Seri Kembangan (Equine Capital Berhad, LBS Bina Berhad, Permatanah Sdn Bhd etc)
  • Melawati / Ulu Kelang / Wangsa Maju
      • Riana Green East (IJM Properties Sdn Bhd), Desa Putra (JV between Landmarks Berhad and MCL Land Limited), Seri Maya (Tan & Tan Development Berhad)
  • Kuala Lumpur City Centre (KLCC)
Hotspots in Penang
  • Batu Maung
  • Sungai Ara / Relau and Teluk Kumbar / Bayan Lepas
  • Simpang Ampat, Bukit Tambun
Hotspots in Johor Baru
  • Nusajaya
  • Tebrau Corridor

Tags: , , , , , , , , , , ,

What to Consider for Property Dummies before buy First Property

June 23, 2009 · Filed Under Property Investment · Comment 

What to consider before move the first step to own your first property? There are so many worries are concerned for first property. Especially for property dummies, they worry the project can’t be completed and be abandoned halfway of construction? Worry the home loan installment burden is too heavy? Worry wrong location is decided? Worry poor quality of property? Worry the decision to buy the property is a mistake?

Things to be Considered for Property Dummies Buy the First Property Right
  • Objective
  • Budget
  • Investment Strategy
  • Developer
  • Location
1. Objective

To be clear on your purpose to buy the first property

  • Buy for Own Stay only
  • Buy for Investment only
  • Buy for Own Stay and/or Investment

Suggestion by Horlic Lim:First property is a low risk deal/investment because “First Property can be either used to Attack or Defend” attack = sell the property if good capital appreciation, or rent it out if good rental market during good market; defend = use for own stay if neither good capital appreciation nor rental rates during bad market

2. Budget

To be clear on your affordability and qualification to get a home loan from bank
Basic guideline of how much you can borrow money from bank for home loan:
Monthly installment should not more than 1/3 of your monthly income after deducted others commitment like car loan, personal loan and etc.

Suggestion by Horlic Lim: Don’t waste time on those properties which are priced out of your budget. Because that might cause you go for higher price property and further heavier your burden as human being. Nobody doesn’t like better thing. Get the FREE Online Consultant’s Advice for Home Loans and Compare all the home loans in Malaysia.

3. Investment strategy

Your investment strategy is affecting which type of property you should buy. Example: Landed property (like single storey / double story link house, Semi-D, Bungalow) or high-rise property (like apartment and condominium). Study and understand all the investment strategy.

  • Cash Flow
  • Capital Appreciation
  • Holding for Long-Term, Mid-Term, or Short-Term
  • Buy to Keep
  • Buy to Sell

Suggestion by Horlic Lim: A unique investment strategy should be custom made especially just for yourself to suit your own personal financial status, earning power, cash holding power, financial commitment, and etc.

4. Developer

Bear in mind, it’s just too important to select a good property from a good reputation developer, especially for those developers with proven past track record. This is mainly to minimize the risk such as abandon project, quality issues and etc.

Suggestion by Horlic Lim: Look into the project launched by Top 10 Property Developer in Malaysia ranked by The Edge if possible. If really keen to buy a new property which is developed by bad reputation developer, then I prefer to pay higher price for sub-sales after completion of the project rather than take the unforeseen high risk.

5. Location

Search from internet. There are more than enough information can be found via internet regarding hot spots property for investment in Malaysia. Go Google about Malaysia Property Investment Guru like Ho Chin Soon, Azizi Ali, Milan Doshi. They did highlighted many good locations and property hot spots either for investment or own stay.

Suggestion by Horlic Lim: Google the hot spots for property investment and go for an actual site visit. Survey the surrounding. Sense and feel the environment surrounding. Ask yourself, will I enjoying staying at a place like this? Bear in mind, over commitment as described and designed either in the brochure or by those irresponsible property sales agents is always not reflecting the real picture as actual site.

Conclusion

Move your first step to own your first property if you have all the answers in your mind for consideration stated on above. Ohya, write in down to have clearer picture rather than just put into your mind! Happy investing!

Related Posts with Thumbnails

Tags: , , , , , , , , , , ,







    If you have any useful information to share with the readers, please let us know. Much appreciated, cheers.