Property Views
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Presumably you guys know that after 10 years, an EC effectively becomes a 99-year leasehold condo and can be sold to anyone including foreigners, right?
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floppy\" post_id=\"1915132\" time=\"1560997984\" user_id=\"97579:
A bit late to the discussion, but my take on investing in Malaysian property is to buy a big piece of land with a rundown single storey house on it. Actually, the house (preferably free) is optional. Just pay for the land. :evil:
There is no such thing as being \"stuck\" with a house that they can't sell (but I understand the \"inverted commas\"
). Selling is a function of price. They are probably just not happy selling it at the price that the market is asking for. Given their recent property boom, supply > demand. With so many new properties available, why would buyers want to buy a run down unit at the same price? The thing about rental, who were they intending to rent to? Malaysians? Low yield. Foreigners? Limited number.
Lastly, there are landed, and there are landed. Older (landed) terrace houses would never appeal to foreigners. However, newer landed properties like those in https://gamudaland.com.my/horizonhills/ (by Gamuda Land and UEM Sunrise) or older well developed projects like https://www.leisurefarm.com.my/ (by Mulpha) have lots of appeal. Notwithstanding, selling remains a function of price. If die-die wants to make a capital gain of x% before selling, then got to wait (long-long) lor. -
pirate\" post_id=\"1926196\" time=\"1564803269\" user_id=\"66252:
:goodpost:
A bit late to the discussion, but my take on investing in Malaysian property is to buy a big piece of land with a rundown single storey house on it. Actually, the house (preferably free) is optional. Just pay for the land. :evil:floppy\" post_id=\"1915132\" time=\"1560997984\" user_id=\"97579:
There is no such thing as being \"stuck\" with a house that they can't sell (but I understand the \"inverted commas\"
). Selling is a function of price. They are probably just not happy selling it at the price that the market is asking for. Given their recent property boom, supply > demand. With so many new properties available, why would buyers want to buy a run down unit at the same price? The thing about rental, who were they intending to rent to? Malaysians? Low yield. Foreigners? Limited number.
Lastly, there are landed, and there are landed. Older (landed) terrace houses would never appeal to foreigners. However, newer landed properties like those in https://gamudaland.com.my/horizonhills/ (by Gamuda Land and UEM Sunrise) or older well developed projects like https://www.leisurefarm.com.my/ (by Mulpha) have lots of appeal. Notwithstanding, selling remains a function of price. If die-die wants to make a capital gain of x% before selling, then got to wait (long-long) lor. -
pirate\" post_id=\"1926196\" time=\"1564803269\" user_id=\"66252:
The problem with Malaysia is that their policies change too easily and property rights are not really respected. The Malaysian govt can change its land policy anytime, just like how they handle the CLOB shares saga.
A bit late to the discussion, but my take on investing in Malaysian property is to buy a big piece of land with a rundown single storey house on it. Actually, the house (preferably free) is optional. Just pay for the land. :evil: -
YL
I don’t trust their policies and laws. I don’t hv much faith in them. So no matter how cheap, I won’t commit. -
pirate\" post_id=\"1926196\" time=\"1564803269\" user_id=\"66252:
I don't trust msia after what happened to clob.
A bit late to the discussion, but my take on investing in Malaysian property is to buy a big piece of land with a rundown single storey house on it. Actually, the house (preferably free) is optional. Just pay for the land. :evil:
Anyway, rental is cheap and there will always to newer projects to move into when you get tired of maintenance issues.
So many projects in recent years... do you trust their quality control? -
rules can change so fast… can suddenly up the min price to be eligible for sale to foreigners one… quality dont think can place high confidence also…if one day need retire there, can hop landed/condo by renting maybe…
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Nebbermind\" post_id=\"1926497\" time=\"1564926420\" user_id=\"15571:
If money no issue and location you like, would you buy a property in the upcoming Daintree Residences on Toh Tuck Road (< 1km to Pei Hwa)? How about The Trilinq in Clementi? The former is developed by S P Setia, the latter by IOI Properties. Both are develop by Malaysian Developer using the same team in Malaysia, with the same QC standard
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So many projects in recent years... do you trust their quality control?
QC issue arises when one “anyhow” buy. In Malaysia, the first thing to do before putting down money for a property is to look at the name of the developer. E&O, S P Setia, IOI Properties, Mah Sing and UEM Sunrise are some of the go-to names.
As for people still talking about CLOB, that happen in 1998, 21 years ago. Since then, they have launched Malaysia My Second Home Programme in 2002. Will their policies change? Of course but considering the stability and popularity of the MM2H, highly doubt that part of the policies will change. -
floppy\" post_id=\"1926542\" time=\"1564973095\" user_id=\"97579:
What QC problem? What developer? The house is about to fall down.
QC issue arises when one “anyhow” buy. In Malaysia, the first thing to do before putting down money for a property is to look at the name of the developer. E&O, S P Setia, IOI Properties, Mah Sing and UEM Sunrise are some of the go-to names.
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pirate\" post_id=\"1926687\" time=\"1565007526\" user_id=\"66252:
You different. You want to buy land, the house preferably free. Actually got house or not standing also not so important
What QC problem? What developer? The house is about to fall down.floppy\" post_id=\"1926542\" time=\"1564973095\" user_id=\"97579:
QC issue arises when one “anyhow” buy. In Malaysia, the first thing to do before putting down money for a property is to look at the name of the developer. E&O, S P Setia, IOI Properties, Mah Sing and UEM Sunrise are some of the go-to names.
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