Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Investment minimum RM500k properties for foreigners, property investor screwed?

views
     
trojant
post Jan 15 2010, 09:49 AM

On my way
****
Senior Member
520 posts

Joined: Mar 2009


QUOTE(daryl.k @ Jan 15 2010, 12:04 AM)
this was in Berita Harian today
Berita Harian Online

say i invested in a property where i feel foreigners or expats would wanna live in for RM300k, and i expect the price to reach at RM400k after completion, making myself handsome amount of returns.  now, i cant sell them to foreigners for less than RM500k...foreigners with more than RM500k budget will look for something else...which means i'm royally screwed?

*
if you know an area expat would live, do you think the developer is so stupid not aware of it and stupidly sell @ 300k? sweat.gif sweat.gif

 

Change to:
| Lo-Fi Version
0.0155sec    0.66    6 queries    GZIP Disabled
Time is now: 22nd December 2025 - 06:21 PM