is it a good investment?
£300k for a 2bedroom condo. thats pretty cheap. its for a long term investment.
can some sifu come here and teach me more

This post has been edited by suushi: Jul 13 2009, 04:43 PM

I will be in London this weekend for a business trip, which part of London is this? I will be able to give some advice.

around canary wharf

wow,you so rich meh

short term investment or long term investment?

please give more details. the picture you gave was rather bleak.

Pictures? Perhaps more details?

take pic and the facilities available nearby..

300k= rm 1.8m?
better buy bangalo here

well if u able to buy something at a foreign land.. it is always better .. plus canary wharf is quite an expensive area.. considering ts able to get 300k pound.. i would said it is worth a look..

nice planned ;-)

Go ahead if you like.





[The comment made by this user does not bear any responsibility in the event of failed investment made by TS.]

long term investment.
they're selling it cheap bcz the recession la.
after the recession end the property price will boom back.

im in malaysia now.

bungalow here so slow increase price.

em. why? can tell me?

the best investment in London .... hrm ..... Indian Restaurant? the roti canai selling there worth RM35.00 ....

it's crazy pricing ... but true ....... just remember not to go eating there ..... even their steak is cheaper ....

massive competition. and the rent fees for a shop lot is super duper expensive.

nope .... the steak there is cheaper ... and so does the chinese food ...

these british culture thinks the spice filled curry is very rich in flavor ... so does the price of one roti canai ... when you go there ... u MUST check out their price ... go eat 1 roti also can ...

their curry sux .... full of powdery taste ..... yuck ... ours here is 100x better ...

same like Taiwan curry mee ..... those fella just take a scope of curry powder and put in your bowl of chicken stock noodles soup ... they call it curry mee (lol)

There is no such thing as a long term investments.
Mutual fund agent said these to suck in average investor to invest in them.
A very good business should break even in 3 years.

Selling cheap doesn't mean it has value, you may even buy a property that has no value what so ever.

Hoping the price to climb back. If it takes 5 years, how much you have to pay for the mortgage?

If you have the $$$$, go for investments such as properties in US, UK. They tend to appreciate very well compared to Kuala Lumpur.

checkout Once Central residences @ macau

its in canary wharf. of coz the house have value.
if u browse abit. u can see most of the properties there(the UK) is selling very cheap now.
haih. i dont knw la. but the price is very tempting.
can explain abit more?

Canary Wharf is a good area, yes.

Whaaaat?! One roti canai for RM35.00?!

Holy moly....Rm 35 i will be eating steak....but i cant blaim them.

Yeah. The cost of living there is damn high.

u havent seen the location n u plan to invest it ?

Lol....Kinda true...but i tink the economy there is stable rights>

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Added on July 13, 2009, 6:13 pmIts not truly about the economy. Its about whether the location is good and whether its in demand.

This post has been edited by ecVk: Jul 13 2009, 06:13 PM

I see...so this is more about property investment?

Err. Dont simply spam here please. The title says it all.

canary wharf has lots of international banks & financial institutions right? quite near to london bridge.. if it's located at the heart of canary wharf, then fine i guess. but there is (or was) some cheap flats nearby canary wharf..so, be careful..
try search the exact location..maybe can use yell.com or other UK search engine. then, find out on the surrounding condos' rental.. if can get 1k pound per week, that's good.
but u have to consider ID, renovation, tax, agent and other associated costs as well.

haha. ask my cousin do survey la. he live there.

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Added on July 13, 2009, 10:19 pmem. theres no flats there. they torn down the old flats and build a new one.
and i dont wanna rent. i wanna buy.
yea. if include all the fees(renovation,tax etc etc) its about 330-360k. equivalent to 2M

This post has been edited by suushi: Jul 13 2009, 10:21 PM

This will be my last post here.

Please invest in yourself first before looking for deals in far away land.

tot u busy do school works , still manage to find some time do investment ?

This post has been edited by maggi: Jul 15 2009, 01:47 AM