Hey property101, thanks for your views. There are just too many factors to consider, more importantly budget and holding power. Of course if I have both, I would choose one nearer to the city centre or even go for commercial. But i guess i have to start somewhere small.

Dear all, I plan to invest in condos that give good rental income and at the same time give good value if I decide sell 10-20 years later.

I have a few questions for all shifus regarding the factors to consider when buying a condo for rental investment. I'm sure some of us have the same questions.

Im betting that u r anticipating a drop? 

To be honest.........I rate Gavin a lot higher than AA............at least I know for a fact Gavin makes more $$$ than AA when it comes to prop investing........ AA is a better personal finance advisor than a prop investor.........the aim is to be better than both of them combined

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Added on February 5, 2011, 3:07 pmBack to the topic............ irrespective of whether Gavin's prediction materializes, which of the following prop segment u all think will benefit the most by 2016 :

1. Commercial shoplots
2. Commercial offices
3. Luxury condo's (> 700psf)
4. Medium end highrise
5. Low cost highrise
6. Luxury landed (bungalows, SD)
7. Medium cost landed (link below 1mil)
8. Low cost landed

And pls share you pick your call?

chief, BK9 warna 250k profit over 350k investment is approx 70% caps over 4 years. With hindsight, could have made the more returns buying 2 units of Casa Mutiara in 2007 ( 2 units total 320k price in 2007, today worth at least 600k, backed by 12%-14% solid yields  ). More work though, but more returns as well + good nite sleep with decent pocket money every month from rentals

Also, personally focus on buying the right dev + right units even if didnt get the best floors or view.........have bought units before facing west n cemetary previously but still made more than decent gains...........

Yes, am vested in ME's dev.......... 

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Added on February 5, 2011, 2:27 am
sorry never meant to hijack........I'll stop posting here unless there's questions..or perhaps if anyone has questions can always PM me... cheers

Malaysia's Condo Prices to Hit RM5,000 psf .Thursday, 27 January 2011 22:18 .Source from : homeguru.com.my

Malaysia’s condo prices will likely reach RM5,000 psf within the next five years, said Gavin Tee, Founding President of SwhengTee International Real Estate Investors Club (SwhengTee REI Club).

“We are experiencing exciting times in the real estate market. The greatest opportunities in property investment will take place in Malaysia this year,” said Mr. Tee at “The Best, The Worst, All in 2011” property investment seminar at the Grand Dorsett Subang Hotel in Subang, organised by SwhengTee REI Club.

Kuala Lumpur’s property market would have matured and reached the highest point by 2010, he said, adding that Malaysia’s tourism-related properties would become the most expensive by 2018.

Mr. Tee also expects that Iskandar Malaysia will have the second highest real estate values after Kuala Lumpur by 2016.

With condo prices hitting RM2,900 psf and land prices reaching RM7,209 psf in the Golden Triangle, along with the various development and infrastructure works happening within the surrounding areas, luxurious condos will likely escalate in the next five years.

Mr. Tee also identified hotspots for Klang Valley, including Bukit Jalil / Equine, Ulu Klang / Melawati, Sungai Buloh, U-thant, KLCC Luxury Apartments, Sentul, Maluri/Cochrane and Bukit Bintang/Jalan Stoner.

He also recommended Klang, Muar, Ipoh, Kuantan, Cyberjaya, Iskandar Johor, Malacca, Penang and Kota Kinabalu.
http://www.swhengtee.com.my/swhengtee-news...-hit-rm5000-psf

Pai is buy three sell one ... ... BBBS

1) is it true that condos on higher floors with better view will appreciate faster in value (in terms of % appreciation, not absolute value) (say for every level higher, the initial purchase price increases by RM6000 per floor)
2) is it easier to rent out a unit and at a higher rental price which is on a higher floor with a better view (do the tenants normally factor in the view and high floor when they rent an apartment).
3) leasehold vs freehold if you intend to keep for at least 10-20 years and hope to make some captial gain. (because you may need cashflow any time for another investment)
4) is it true that smaller units appreciate faster per sq feet. Is there an optimum size for rental investments (meaning not too small, and not too big because some people prefer a decent size unit) If there is an optimum size that give better rental return and is easier to rent out, can I know what's the size range. I know for places closer to city, people would normally go for smaller sizes, and places further in suburb, people would go for slightly bigger units, what are the size ranges?
5) is it advisable to invest (for rental and capital gain) in condo away from the city centre in a corner of a developing township that is quiet near hills and golf course and away from the crowd. (but not necessarily low end)
6) do you have any comment on those condos with guaranteed rental return as agreed by the developer.
7) Iskandar Johor got potential for better growth? compared to KL or penang as I consider these places to be developed and have matured.

I think most prices will drop yeah.

rubbish. like a schoolchildren projection.

Gavin say: BBBB
Pai say: BSBS
AziziAli say: SSSS

I'll go the pai way, less extreme, more rational.

Maybe by 5k psf Gavin is referring to Binjai on the Park.......maybe in 5 years time one unit is sold at that price....

Unlikely though, as even now Binjai is selling very very slowly....

you dont even attend his talk , a whole day talk, how do you know it is rubbish, are you god? do you know anything about property?

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Added on February 13, 2011, 6:21 pm

i think gavin did not say BBBB, he said clearly, the best and the worst in 2011, his talk was published in newpaper, magazine, TV ( most of them are in chinese media) on what are the properties to buy and what are the worst  ones, and to sell them, he travelled around malaysia to talk about it, try to attend his talk

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Added on February 13, 2011, 6:25 pmgavin did not say buy buy buy, he advised us to buy the selected properties in 2011, and he identified what are the BAD properties, to dispose, his one day talk on the best and the worst in properyt investment in 2011, was published in newspaper , magazine, and TV

if you did not attend his whole day talk which explained clearly ( he said he will further elaborate it on other talks, ie bumi's growth, foreigns' participation, etc

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Added on February 13, 2011, 6:29 pm

i think he mentioned about there will be some condos hit 5k but not all, there may be others remain 800psf or 2000psf, and i thinks he mentioned about new project