Read few articles about property investment in Malaysia.

The next 10 years will be the golden era for property investment in Malaysia. It is no longer the same as in the past, as it is changing fast, and has become commercialised, globalised and professionalised.

What do you think?

Think this is spot on.........altho I wont say that this will be exclusively only for Malaysia..........


this decade.............belongs to Asia............

If I tell u that:
-Local owned factories shutting down one-by-one.
-Foreign corp cutting production or shifting production out of M'sia.
-Old farmers selling their land, cashing the gain & retire.
-Manager grade income cannot afford a double storey link house in KL/PJ.
-50% of the high-end condos in KL are vacant.

Would u still believe the next 10 yrs M'sia property/economy will boom?!

What is happening in our property industry is similar to our neighbouring countries...

Yes, this decade belongs to Asia, and we can already see that we now have a record projects going on - 60 projects are now under construction in KL City alone and 78 are now coming on-stream.

We have an increasing FDI and local investment especially in the services subsectors.

But we faced a very high possibility of "overbuilt/glut" like in Bangkok and other Asian cities.

This post has been edited by accetera: Aug 12 2011, 08:50 AM

Yes.

No

why does this decade belong to asia?

Time to sell in 2011?

sell and buy more

Mind giving some examples?

i believed the businessmen do smell opportunities in msia/asia when come.

developers are not stupid (indeed they are very very smart like most of the property tycoon in the world) , that is why there are so many projects going on in the next 10 years. many of them have kept their KL land bank for so long (left by their grandfather) and now they start thier project in view of many opportunities coming to msia.

the next decade is Asian. expect to see more ang moh to work in KL. not MD, GM, CEO but middle managers. (if our govt do the right things eg ETP etc)

I hv seen many ABC, chinese holding US/Canada passport return to China to look for entry manager jobs, and now i see many ang moh go to china as well. Most MNC oni hiring in Asia not US, Europe (all freezed), they close /downsize their production at home and expand in Asia (some go to Msia eg Penang)
i think if giving choice they will prefer to work in Msia (coz we all can speak English)
i really pity those nag moh live in China..they even cant woo gal (not the pro) in disco, pub...(like chicken and duck, hand signal etc) , so end up stay at home watching cheap pirated dvd drama.
if KL can offer them job, they love to come. my ang moh MD refused to relocate to China and insist AP HQ remain in KL. fyi he living in big bungalow in jl ampang with swim pool >rm20k rental. he enjoyed everything in KL even have fun at the barber shop. (most countries the hairdresser are men or gay). KL is a loving city..(hope the islam things not enroach, ban this ban that eg concerts, beer at 7&11, sport betting, 24 hrs disco/pub, etc (all these are allowed in Asian eg China , Thai, Japan, Korea, Taiwan , Sg etc. without this BAN msia is the BEST among all. - language, big bungalow, low living cost, not too cold wheather, sunny and blue sky, frenly ppl, good highway, nice island/beach/ resorts , no disasters etc

quite agree, my ex-angmo collegues couldnt find job at europ then now plan to job hunting in malaysia

Occupancy rate is quite hard to determine/check. no lights or dim of the units do not mean noone stay.

I have tried my effort to survey the occupancy rate throughout the whole KL/Selangor apartment and condo before, but I failed coz me alone could not do that unless got contribution of all the forumers. (just contribute the occupancy rate of your current owned condo/apartment will do, and let the list rolling.)

LOL

This post has been edited by kh8668: Aug 12 2011, 12:10 PM

even if the economy turns rosy everywhere, you can ask any angmo, yapunjai, honkoklou who has been out here and I can definately bet my head that most prefer to stay in SEA if possible (with stable good income)...

surprisingly most "newly arrived" expats today in KL are not necessary the angmohs or Japs. (in fact we have a super declining no. of Japs)

We have a 200%+ increase in expats from India, Bangladesh and Pakistan. All my friendly bosses are from North India anyway... Yes they all like Malaysia and don't bother and/or do not know that we are a country of many racial divide.

This post has been edited by accetera: Aug 12 2011, 12:28 PM

as i said, if msia govt care about the nation economy/people living/earning , pls do something to lure investments and create "biz frenly" environment. msia will be much better than other SEA countries due to the reasons i mentioned earlier. ofcoz the hardcore islamist will not welcome the so called " biz frenly" environment. msia are in crossroad, to incresae income or remain holistic islam country. u can't increase income if you behave conservative.. many of my oversea biz fren complains Msia not "open" and they prefer to go phuket, bali, cebu, sentosa for holiday rather than langkawi, redang etc. even we m'sian also prefer to go there coz more "FUN" eg cheaper beer, hot shows at clubs, sun bathing (half nake?), nice massage etc . U cant expect the visitors to sleep in the hotel or blow wind 24 hours.. if msia can behave like thailand or at least as open as indonesia, i can guarantee u we msian income will increase 10x, better than Najib 2020 vision.

is it? but why thai & indo no better than us?

to be more open wont make malaysia gain 10x income la brother...but if u said club owners gain more income than i can agree la...


This post has been edited by mousepad87: Aug 12 2011, 12:47 PM

http://www.expatexplorer.hsbc.com/

Some informed opinions from the expats themselves.

Malaysia ranked #10

u know ang moh, japanese, korean, taiwanese, chinese like to go pub, bar, ktv etc, it will be no fun with so many raid (JAIS, police etc) ,. today no new licence (and renewal) was issued in KV. most of them are operating illegally.. (how safe do u think), no profer fire safety, ventilation etc, even the renovation is also koyak coz the boss act hit and run strategy, no one will spend $$ to renovate nice decor. (also affect ID, contractor, furnishing income). all my oversea fren look down on our nite entertainment coz it is so run down and not safe. today our niteclubs are worse than 20 years ago eg deluxe, bintang palace are so run down. coz the boss know it is not "permanent". Even our genting also look so old... all my oversea fren laughed at me after they compare to Sg, Macau, Cambodia, Vietnam, Phil 's casino.. so now u know why less jap, angmo come to KL?? it is ok for bangla, pakistan, indian, middle east coz they dun go to bars (they oni go to mamak stalls and spend rm2 whole nite).. so how to contribute to msia economy? i also noticed kl shops are closed earlier (except mamak stalls) and not many ppl like to go out, unlike 20-30 years ago --all nite long!!

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Added on August 12, 2011, 1:04 pmu still live like katak bawah tempurung?? did u go often to BKK, Jakarta and survey? (i m frequent there)
their GDP per capita lower than msia doesnt mean they are poorer (their rich pop is much bigger than msia) oni their total population is big (indo is 100x msia) so it appear to be poorer. same as China, no one dare to say China is poor, even the angmo (but their per capital is lower than msia).

to be more open like china will make msia more properous! if not, msia will become....(u know i know lah)
if u complain u cant afford a house why not complain the govt are so conservative??

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Added on August 12, 2011, 1:56 pm

if u changed the criteria the ranking is different liao
* mean not enough data...

This post has been edited by lucerne: Aug 12 2011, 01:56 PM

Yeah !! Asia countries will become US high performance employee ....