Apr 28 2014, 03:56 PM
QUOTE(faReZheLmi @ Jun 28 2013, 09:09 PM)
Because:
1) SoHo considered the most affordable type of house to buy among the young executive
2) population in KL + Selangor are 7.11 million and the median is 28 years old for KL and 27 years old for Selangor
3) at this age (25 - 30), none of us got a lot of money / high salary so SoHo will be high in demand in terms of residential unit
4) Age factor is one of the reason why developer build more SoHo unit than other type in their development component.
5) Since the size is not big, it is easy to rent as well (subject to the location)
6) Average household Size in KL is 3 persons - so studio house is still viable for most of the family in KL (Source: CBRE tabulation data Jan 2013)
7) Young population base, with about 40% in Klang Valley under 19 years, will ensure robust demand for residential properties. (Source: JPPH, CBRE Research, Bank Negara Malaysia)
8) Faizul Ridzuan, WTF author bought studio apartment in 2007 (where at that time i bet none of us have confidence in buying a studio as investment) and make 700% cash on cash return in less than 5 years. why the author manage to make that much profit? because he sees what most of us cannot.
my view is, if you want to success in your investment, you have to know who is your buyer when you want to dispose your asset. you must be able to predict what people want in the future. you have to anticipate the demand and the supply of residential unit and failing to do so, means a great loss in terms of opportunity because the property price will not wait for you.
I say SoHo will be worth to invest because i believe that demand will be there in 5 years time and we must take this opportunity when most people around us still doubt and feel insecure about - "is this type of unit will do well in the future?"
I couldnt agree more. 1) SoHo considered the most affordable type of house to buy among the young executive
2) population in KL + Selangor are 7.11 million and the median is 28 years old for KL and 27 years old for Selangor
3) at this age (25 - 30), none of us got a lot of money / high salary so SoHo will be high in demand in terms of residential unit
4) Age factor is one of the reason why developer build more SoHo unit than other type in their development component.
5) Since the size is not big, it is easy to rent as well (subject to the location)
6) Average household Size in KL is 3 persons - so studio house is still viable for most of the family in KL (Source: CBRE tabulation data Jan 2013)
7) Young population base, with about 40% in Klang Valley under 19 years, will ensure robust demand for residential properties. (Source: JPPH, CBRE Research, Bank Negara Malaysia)
8) Faizul Ridzuan, WTF author bought studio apartment in 2007 (where at that time i bet none of us have confidence in buying a studio as investment) and make 700% cash on cash return in less than 5 years. why the author manage to make that much profit? because he sees what most of us cannot.
my view is, if you want to success in your investment, you have to know who is your buyer when you want to dispose your asset. you must be able to predict what people want in the future. you have to anticipate the demand and the supply of residential unit and failing to do so, means a great loss in terms of opportunity because the property price will not wait for you.
I say SoHo will be worth to invest because i believe that demand will be there in 5 years time and we must take this opportunity when most people around us still doubt and feel insecure about - "is this type of unit will do well in the future?"
Unfortunately, I'm oni a student, cant buy property yet...
Quote
0.0298sec
0.46
6 queries
GZIP Disabled