in some 'worse' area like bkt beruntung ... there is still a chance to develop if govt build new university or new industrial hub.

for example, in area puncak alam b4, rental only rm300-400 for double storey house (20x70). But after yrs, now with new UiTM campus .... the rental increase to double & housing price increase too.

all because of speculation by the developer, example bukit beruntung-klia
all people rushed and bought all the houses...end up klia in sepang haha
eventhough perodua factory in bukit beruntung area, this place is still dead
too many houses to cater the needs

My fren bought a single storey house in Taman Kinrara Puchong 11 years back for RM145k, manage to sell off last year for RM172k only. A very bad investment. Not to mention about the crime rate that are happening around that area, its getting worse and the property value there hardly move.

where is taman kinrara puchong.
is it near BK 1?

Anybody bought any service apartment and end up holding it and selling it at a lost because

1) Could not rent out?

2) The property did not appreciate as expected and it is painful to pay the bank?

3) other reason?

yeah.. thanks. i'm thankful to god that my parents able to rent out the place at last. coz the place had been vacant for erm can't remember i think for about 15 years or more. at least there's someone now to so call to take care of the place. speculation of bkt beruntung will be the 2nd pj was one of the reason my parents bought the place. too bad it never came true.

I bought a Semi D(Sarawak) this year at RM175K and the rental is only RM350 at the moment while my colleague bought a Apartment(JB) at RM165K+RM170 maintenance. the Rental is RM850.

But, Some of my relatives bought a Terrace house with RM16XK (next to my taman) and was suppose to move in 2 yrs ago and is still nowhere to be seen

the perodua factory is in rawang rite? not bukit beruntung

with all the above property investment failure do you think it is still wise to jump into this ship? I m investing part of my money in equity market but still wana diversified on my investment portfolio. Dam it the property price keep surging like no body business. Too much speculation? Anyone aware that most of the new properties launch are selling above RM300k-400k (only condo) don't dream of landed property dudes/babes.
The only massive drawback for property investment is once you invested wrongly (eg bukit berugi) you'll be stuck and not easy to get rid of it. Whereas investing on a better location, entry cost will be lot higher).
am i waffling?

Tun Airline

its opposite the Old Town White Coffee Cafe and at the back of The Shell(used to be Projet) petrol station, same row as Bintang Supermarket. You can see the whole garden 90% are single storey house. This area majority used to be chinese community 10 years back, now majority residents there are indian and the crime rate is sky rocketing.

This post has been edited by Tohsan: Oct 17 2010, 07:42 AM

Perodua is at Bukit beruntung. Well my mum did buy a flat there.. 40k last time (during the time when ppl say KLIA will be built there). at the end? now its less than 10k and noone is there.. imagine, d whole block, only got 1-2 house is occupied..others is empty - _ - "

bukit beruntung will be improve if goment set something up.
But so far goment never see this yet but somehow,k they are trying to improve the transportation system 1st.

well. sommore selangor is PKR now. I dont think they will.
but rawang will be a growth in 20 yrs for sure.

well i heard PKR is doing something.
there large tracks of land that are negotiated to be sold to foreign factory owner.

not sure the progress though

i mean PKR dont have $$$ power
so nothing can be done

looking at Salak Tinggi properties, can we agree that even if an airport got built, there's no guarantee that the surrounding place can go up? i mean, it can be a plus factor, but it still take times for the prices to take off, no?

This post has been edited by abu_adi: Oct 18 2010, 10:34 PM

don't buy properties, just rent for your own stay, pay up 2 months deposit + 2 month advance, u can stay for a year. Tenant in Malaysia are very common for not paying up the rental! M'sia Gov, where is ur man to execute the existing LAW?

Simple.... cheap things not necessary good... good things definitely NOT cheap...

This post has been edited by stardraggiexx: Oct 21 2010, 07:58 PM

but the house sini bocor sana bocor

Property is still 1 of the best investment vehicle to amass wealth.

It is a finite and tangable asset and allows incredible leverage. Just do some 'homework' b/4 putting your money & remember 'location, location, location'.

Since u invest in equities, lets us KLSE analogy - just b'coz you bought some UMNO counters (Bkt Beruntung) based on election tips (new airport) and got burnt does not mean shares are no good. Instead of relying on tips, punting on penny shares, do some research and try to discover some solid business. Or if you want to be save, invest in established bluechip.
Bluechips might be expensive and unexciting but will deliver consistant results and dividends (capital appreciation and rental yield)

For every Rawang or bkt beruntung or abandon projects, there are also 12% rental returns and 150% capital appreciation upon VPed stories.

Sorry for being blunt - like KLSE most of the ppl burnt worst are Aunties, retires & Noobies, RE investors in Rawang & BKt. Beruntungs were normally........

This post has been edited by rakyat: Oct 22 2010, 01:54 PM

taman paramount condo ....