Thanks for your advice. Let me check where is Pantai hill park. I'm a newbie for KL ppty mkt, and not familiar with d area yet.

Think the offices are better bets than the residentials.............

I was told should go to office rather than residential. When I went to their sales office in Jan, office still available, but a mth later, all gone. My fren advice worth to buy bcoz some of Bangsar ppty also around the same price. Based on their advice, i booked a unit....

u dont need to worry about ppl saying this property is "expensive"

because u worked overseas and by being able to buy expensive, your property could be even more expensive (in terms of capital values) in the future....

Sifu, thanks for your support.....

mesti crazy price with crazy jam one..

Seriously I really not sure is it consider expensive or reasonable til I visited this forum.

However, my architect fren told me, Bangsar oledi hit 1100psf, so KLEC is worth buying, he also booked 1 while I paid booking fees, and he didnt know this project at all. Besides, another fren booked 2 units somemore, as he trust SP Setia brand.....

For traffic wise, no doubt MV very jam, but I think everywhere in KL also like this. I go to Jakarta and Bangkok for work frequently, these 2 cities also d same, vy vy jammed.

wow.. you are very active, see you in another forum. You full time in property invertment?

Which Bangsar is selling at 1100psf? Bangsar South? Bangsar Trade Centre? Real Bangsar? You know developer in KL like to use glamour name to confuse those that didn't do enough homework.

Like Damansara, we have Damansara Height, Mutiara Damansara, Damansara Flora, Damansara Damai, Kota Damansara, Damansara Indah, Damansara Perdana...some of the Damansara cannot make money one.

Your friend jump, you jump also... Unless your friend is very good in properties investment, otherwise, I would advise you do you homework and study carefully.

Cannot deny that SP Setia is top developer but also cannot deny that you will sure make money from them. Now, all these "Top" developers are selling at record high price and make you harder to make more money compared to before.

So, my advice is, please consult someone knows quite well about KL property market or post your questions here.

Cheers!

This post has been edited by GlobalKL: Sep 2 2011, 08:20 PM

Maybe ken bangsar hit 1000 per sq feet

Haha, try to learn from all d sifu/sitai mah, so must b active then. And I cant deny this and the other forum really given me lots of ideas and info about KL ppty.

Let me tell you something, mayb u think I'm silly. I bgt 4 ppty since last yr, without inspect or visiting d showroom or look at d flr plan, incl KLEC & 1 in Ampang. I always read this forum, if feedback postive, then jump in. My agent & banker will arrange all d rest for me..

Due to my personal preference of high flr, 1000sf+ and min 2br, it make my entry costs higher than those studio or 1br. This is why it make me realised I shld study more before jump in further. Also the reason why I post a topic in the other forum, as I prepare to get 1 more ppty.

I'm not sure how expert are these frens, they just followed me in KLEC case, so I jump and they jump too.

All d sifu/sitai, pls do not misunderstood me to show off my buying power, I just to let ur pp know how silly I'm to jump in without study hard. So I hope ur pp dont mind to teach me more lesson..... thx

Hi Froglai88,

What made u so bullish about KL property?

must also take into consideration of holding power on froglai...

if you can hold > 5 yrs, think KLCC properties are investible. maybe frogai is not familiar with other areas within Klang Valley.

if Frogai is interested ONLY on capital yield, then buying all properties within KL city centre might not be the best options. Properties outside KLCC/city centre generally yield much better....but you need to familiar with these places.

otherwise, like most overseas based investors...they only see CITY as more secured way of investing....correct me if I am wrong Froglai.

klcc prop like blue chip so the value increase very slowly but the divident (rental) is good. (but u may wrongly buy poor blue chip which give u no or low divident ) while outside klcc prop is like a growth co share (if u chose the correct one), so the price shot up very fast and make lot of $. but if you chose the wrong prop outside klcc then diffrent stories liao. either no transaction -->stagnant price-->price drop worst it become PN17 status...(abandoned project)

haha, all d taikor/taijar r right, I only familiar with city and Mid Valley area. At d moment, i intend to hold all d ppty for long term rather than quick gain. Fortune teller said dont bet, u dont hv d luck... hahaha
KL ppty rocket hike, climbing too fast, I afraid if dont start now, might not b able to catch up later. This is why I shift my focus from Sabah ppty to KL ppty since last yr, but my limited knowledge abt KL ppty had restricted my access into it, especially outside city areas.

This post has been edited by froglai88: Sep 3 2011, 06:22 PM

froglai,
would you be able to share with other 3/4 properties that you have bought?
you came into KL property scene only early this year?

No problem... Eco City and The Element..... both high floor and min of 2br...

Yeah... bgt my 1st ppty in KL last Oct....

Any comment ?

Hey all, I also reserve a unit at Eco city, if I remembered correctly, they have collected my cheque for RM 10k deposit now, bought high floor with early bird discount, only 3% discount, with DIBS and finish in 2013/14, am I right? Price around 1200 plus psf, wonder what will KL prices be in 3 years time!!

Anyone care to predict?

I wish I have crystal ball.

My guess is KL Property price will stay stagnant or increase slightly after huge increase for last two years. Cannot predict as I am not sifu so can only guess.

thanks for sharing.
no comment as I am not good with condo investment.

given choice, I still prefer to invest in landed......at this stage......

KLEC, if nothing else, at least you got into 1st phase...so nothing to loose, if holds longer term.....

The Element.....single build and dust project.....just like many condos in Ampang area....
I dun see any USP for this project...unless you keep for own stay.

Thx for sharing...

I always into landed ppty in Sydney. D reason I go to condo in KL due to higher rental yield, also not familiar with its mkt.

Yeah, for KLEC, when I 1st register, they told me ard 1100psf, end up 1200+ with 3% discount. I didnt went to d launch, my agent choose d unit on my behalf. Yup, DIBS with completion in 2013/2014.

My unit in The Element almost highest flr, corner with unblock view, 3br. Also DIBS with completion in 2013/2014.

My plan is 1 more condo, then go to commercial..

Cross finger... hehe