Some postings here say Sabah real estate is still very behind. overall, yes but for Kota Kinabalu city with a population of barely 580,000, property prices is considered quite high for KK ppl already lol
say, a double storey terrace in the suburb like penampang, Kolombong, Lido, not within KK is also around >RM300,000 and a single storey intermediate easily RM 250,000 for a reasonably good location like Likas, Damai, ect. High end condominium like Bayshore, Jesselton Condo to price ranging from RM500K -1M. For some good out of city location, apartment of ~1,000sf usually @ RM 150- 220k.
The properties in KK prior to 2008 especially have risen quite significantly, not as low as most ppl think. Mostly, due to speculation and the good financial position of the chinese n locals who are mostly businessmen in the state; sustained by timber, aggressive developers, construction, fishery, tourism, port and shipping industry, just to name a couple of the prime business activities of Sabah.
but generally, I reckon KK is a very nice place to live, possibly the best in Msia after having living in KL for past 9 years and travelling to many states in Peninsular during the course of my work. Ofc, this is definitely a personal view.
Having abundantful of natural wonders and metropolitan lifestyle, or even sthg in between- a luxurious 5-star resorts in the middle of the city! aka Sutera Harbor (bangalow lots, 27 holes golf course, hotels, yacht club ect), all blend into one. ofc, u can choose to live in abit outskirt n go to city to work in no more than 30minutes. Moderate jam (compare KL) and no tolls. Definitely, sthg for everyone.
We're not talking about hours of drive but less than an hour drive to National park, 20 minutes drive from airport (KKIA 2nd busiest in MY), <10 minutes drive to the port to Tunku Abdul Rahman park from the center of city. These attractions enable constant stream of western and asian tourist inflow into the city and boost tourism industry altogether. Many hotels are already booking tourism students from KL even before they graduate.
Ask any KK chai, sure can see guai loh everyday at jln Gaya.
KK is also quite a shopping haven for many (ofc, dont compare with KL) there seem to be slightly oversupply of shopping malls at the moment but i would never be tired of varieties
but to be interesting abit, we like to imitate KL wan, now we have 1Borneo mall, KK Times square, the upcoming KK Suria, now i waiting for KK Pavilion (if any) haha . The few earliest essential and hottest malls are Centre Point Sabah (fondly known as CPS) , Kompleks Karamunsing (like LYP), Wisma Merdeka (abit like Sg Wang), and the dying KK Emporium. Upcoming Megalong Penampang and Putatan One Place mall, the cooling City Mall, slacking Asia City mall, foreigner infested KK Plaza, the accidental Tg Aru plaza shopping mall turn office mall lol....
that's 13 shopping malls altogether if i didnt miss. bear in mind that the distant of two furthest malls are <30km apart at most, in the unit of time, roughly 45mins, most of the time, less.
Not to mention it is one of the safest states to live in as Daily Express newspaper recently reported lol sure will further contribute to the overall welfare (& image) of the life in KK. That is why of recent years, there are many Taiwanese, Japanese especially Koreans have selected KK, or Sbh as their popular 2nd home. They've even bought a golf course i think in nearby Beaufort and occasionally charter the entire plane to come here for golf during their holiday. No matter how hot it is here due to clear blue sky but some Taiwanese prefer to think KK is less hot compare to theirs lol.
Not to mention the reasonably affordable seafood (& definitely salivating) in KK without freshness compromise. ok la, myb RM6 base price for a normal seafood noodle is expensive for most, but how about RM6 for best in town prawn tom yam mee in Sinsuran that ownage any other tom yam prawn in KK, wan bet mou? lol this one must bet with locals only lol or if wan XXL seafood, go to Salut ,man Lol
Okla, sry so long winded but damn, I seem to be really promoting about Sabah huh Lol Well, I guess I'm just feel like opening a thread for KK which none at lyp atm so a brief idea on KK overall from some1 who live n grow up here seem like appropriate ^^v
This post has been edited by wayfeel: Aug 10 2009, 10:50 PM
Sabah Property Talk, General property talk in K.K & elsewhere
Jul 27 2009, 07:33 PM, updated 17y ago
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