Thank you Jagalat. I able to find my project already. The foreign investment of my project just limit to 2-3% only. Maybe due to property in Selangor RM2,000,000 and below cannot sell to foreign investor. So if a project has very high percentage of foreigner, this may reflect that the property price also very high.

As for Selangor case, state government had prohibited foreign investor to invest in property that is below than RM 2million.
I think for subsale, it is quite difficult to sell out as the buyer poll is limited also. Also, the balance unit of those hot selling project usually is those big unit with more than RM 1million and above.

For rental wise, I think in Malaysia, generally you just can expect for 2~3% annual return. Unless it is located some hot spot, then you may expect 4 ~ 5%.
You imagine, if you bought a 1200sf 3 room apartment with RM 1million. Do you think you able to rent out with RM 3500 easily?
If you able to rent out, then congratulation, you have a return on 4.2% per annual.

How about the Mcity? Overall mora than 50% owned by foreigners? (Understand most bought at the previous entry price before 1Mil )

Whenever a project has high foreigner purchase content, it is either holiday home or more likely for investment i.e. flip or rental. If for rental, normally they leave it to agent to manage and vet the profile of the tenant. Most of the time, agents just focus on getting the unit to be rented out and ignore the profile and as long as can collect the rental.

They also might have higher holding power and they choose to leave it empty. They also can choose to foregone the loan in case they think the property is not profitable and allow the bank to auction off the units.

Second issue is the maintenance fee collection issue where management office will have little avenue to collect it from the oversea buyers if they choose not to pay on time.

Conclusion, i will be very wary to invest in property where the owners are majority foreigners.

Is this the common situation that actual facing by this kind of property?
M Suites and The Element already VP one?

How about the situation of those KLCC properties? I believed those area has more foreign investor

Based on my own experience I find that foreign owners pay their maintenance fees very promptly as they seem to accept that maintenance charges are like taxes - you cant run away from it ..essentially they are more responsible and based on my limited experience with foreigners of high end properties

Higher foreigners here in M City is becoz of Taiwan Realty which has turned into a sour relationship to some extent with the developer.

A very famous story in KL among developers.

would love to hear more about this. i understood they obtained bulk discounts.

What happen to those investor?
They will try to dispose the properties once VP?

there's a condo in vicinity , sri ampang hilir condo
https://www.facebook.com/sriampanghilir/

With ringgit depreciated substantially, foreigners potential paper gain all wipe out. If you ask those foreigners invested here few yr back n still holding it, they will all shake their heads.

Latest update block 1 completed but the service road not approved. VP of block 1 likely to be in January.

Sure both? Looking from outside, it does not even look like it is 80% complete. I will b surprised if handover can be done before CNY.

Mcity, dont complete fast2 la.this area already facing a glut

looking at the construction progress, you need army of supermen to finish up the job if wan to deliver the VP by January.

Just a quick check on speed rent app search around this area macam element...etc
rental price very cucuk water deep deep. sibeh garang rental price war.

Hmm just saw agents trying to sell this in a neighbourhood mall in wangsa maju. I thought it was sold out already long time ago.

yuh. u are rite

nobody wants to admit it but the good times are over.
especially for agents and investors.
developers have yet to feel the pinch.

REal estate investment is still one of the better vehicle out there in Malaysia. Just there are emergence of more investors vs own stayers profile

Also the product especially high rise has evolved to cater for these investors. Nowadays rare to hear residential title apartment being launched except in established township.

seriously at the dirt cheap rental elements is going for, it makes more sense to rent than to buy. the rent is not even near to covering the loan INTEREST