better look for somewhere else.. less potential to appreciate further due to the poor surrounding/ environment.

http://thestar.com.my/news/story.asp?file=...3537&sec=nation

Yes, Chinse are coming sapu Msia prop...

not only we also see Bangla, Iran...

very true..

1. China has bullet train >350km/h, M'sia KTM=50km/h
2. China has MRTs, Msia the very slow LRT, KTM commuter, Monorail
3. China - 90% people use touch n go alike card for bus, train, taxi. Msia only 10% people (and long Q at lrt ticket counter, bus entrance)
4. China - 50% buying clothings, electrical items, furniture etc thru internet shops but Msia near zero
5. China courier service arrive within same day (in major cities eg Shanghai, Beijing); KL take 2 days

and many others eg University ranking, scientist, RD centre, MNC, internet users, internet speed, fashion/movie, highway/aerospace etc

will putrajaya/iskandar become the next pudong?

http://cn.wsj.com/gb/20111222/bch074929.as...rce=mostpopular
http://chinese.wsj.com/gb/20111222/rec1450...ource=UpFeature

ps; sorry oni in Chinese...

common lah, few days b4 auction all withdraw...sigh

pv8, sri maya, hampshire all are hot prop while their reserve price are quite low..
pv8 405k, market >600k
sri maya 440k, market>650k
hamphire 780psf, market >900psf
pantai 185k, market shud be much higher...

if go for auction, i think will be big crowd
how to sapu??

i dun understand why we like to compare US houses with Msia. pls take note US house building materials are very different from Msia. US home is mainly amde from lumber, plywood, OSB, EWP, LP, insulation foam, wall paper, wind breaker films etc http://www.bmdusa.com/forest-products/forest-products-home

once US homes were abandoned, the value or the prop will dropped tremendously. The roof, walls will collasp if no proper maintenance.

while msia is build from bricks, concrete, steel, tiles etc. we can leave it to grow grass but still grow in value. most is put a new painting on wall etc.

the longer the US home left abandoned , the value will spiral downward even more. so you can see 30%, 50%, 100% down. but very unlikely for Msia home..

to be fair we need to compare US condo with msia condo.. not US home in general. eg bungalow, SemiD etc
US condo is mainly in big cities, and value always not fall too much..some even higher price. eg mahattan area.

i dun know about others, i like prop (apt or soho) above big malls is for convenient/my lifestyle, even office also find very convenient. F&B, stationery, staffing etc. no need to drive far and find carpark etc.

i think this maybe new lifestyle in future where shopping is just underneath. msia people is famous for shopping (maybe due to hot wheather and family bonding ??).

i dun know abt 1U , maybe u shud compare tropicana city mall??

one of the biggest China property developer enter into Malaysia
碧桂园海外首站相中马国

（2011-12-29）


　　（吉隆坡、上海讯）中国综合性房地产开发商碧桂园集团已同意以每股1令吉的价格，认购合资公司Wealthy Signet私人有限公司的55股新股，占该公司经扩大已发行股本的55％。

　　这是碧桂园第一次跨出国门进行房地产投资，该合资公司将主要从事收购马来西亚土地的使用权，及将地段发展成商住房地产项目。

　　碧桂园发布文告指出，收购完成后，碧桂园集团及Mayland集团将分别持有Wealthy Signet的55％和45％股权，而合资公司将成为碧桂园的间接非全资子公司，财务业绩并入公司报表。

　　资料显示，该合资公司成立于2011年8月26日，主要发展位于马来西亚雪兰莪州的多块土地为商住房地产项目。

　　该合资公司另一股东——Mayland集团，主要从事马来西亚的住宅及商业房地产开发及房地产投资。

　　据悉，Mayland集团公司须负责合资公司的相关土地开发的谈判以及融资等安排，但两个股东在合资公司无法获得银行借款或其他融资的时候，将为合资公司提供股东借款。

　　碧桂园表示，向合资公司作出的初始注资及承诺预期将不超过11万元人民币，拟从内部资源为合资公司注资及承诺提供资金，并将遵守上市规则有关进一步融资的相关规定。

　　碧桂园走出去到境外开发项目并非没有先兆，早在2009年，该集团董事会主席杨国强就已经到台湾等地考察项目。

　　但此番突然进军马来西亚市场依然显得突然。

yes, better than to buy a 1.78mil condo in KLCC, some even unfurnished or part furnished.

i dun think this rich people care about downpayment etc. they may buy in cash.
some rich people might just borrow 40-50% to avoid queries from LHDN.

1.78mil is the transacted price.

same discussion in singapore 3-4 yrs ago when ppl expect deferred home payment scheme (end in oct 2007) will affect the properties (glut after completion) but prop price continue to up up up until gomen today no choice to impose tax to curb escalating prop price. same thing will happen to msia??

yesterday went to klcc to watch fireworks and found majority (estimate about 80%) on street /park are foreigners. do u think these foreigners will help to boost KL prop and economy??

i noticed many metropolitan cities where lot of foreigners are always doing well.

i think KL is changing, i never seen this in the past few years.
my condo at klcc also majority are foreigner, me a local become minority staying here.

many foreigners like to visit/live in KL (cheap, safe, respectful, considerate, diversity, nice wheather etc, cant find this in many countries nowaday). i think KL will change very soon. more will come if we improve our transportation eg mrt etc

how about to save $ in high interest countries eg china (5-6%, and no worries of currency depreciation ) and serve loan interest here in msia 4.3%? can we take this advantage to own more prop eg refinance?

many singaporean , hk is doing it. their loan interest is oni 2%....japan is even lower..

i think landed prop in KL is still worth buying coz developer stopped building new, for the next 5, 10, 20 years or even longer, landed prop will become more valuble.

KL mean within 15 -20 km from klcc according to some prop gurus

KL will still become centre of msia with all the activities, facilities etc

---

Added on January 1, 2012, 5:44 pmin some kl area, condo psf price is even higher than landed's, it doesnt make sense.

eg 3000sf full furnish BU6 at 1.78m ,it is less than 600psf. some PJ condo is now selling > 700-800 psf

This post has been edited by lucerne: Jan 1 2012, 05:44 PM

but it is the actual space u got for landed prop.. more room , more build up, more area, more storage place etc.

i think we shud use build up i/o land area.

---

Added on January 1, 2012, 10:08 pmyou need to go china more often, go visit any bank and notice their digital screen etc.
p/s : I visited shanghai every 1-2 month..

This post has been edited by lucerne: Jan 1 2012, 10:08 PM

no it is deposit rate.
as i said china banks is competing each other for deposit. they will offer deposit with very high interest than the official publish interest rate.
they will all sort of name to attract deposit eg 稳得利 etc. ask any msian live in china they will know.

why u say klcc is not for local? (if price not the concern)
says if klcc price is same as MK, will local prefer klcc or MK?

i found klcc very convenience, and it is against traffic eg jl tun razak, jl ampang etc

it is very smooth if u drive from s'ban hi way to klcc in the evening. however, opp direction (near US embassy til sg besi is very jam), same to jl ampang...

F&B , entertainment, conference, shows, shopping, hotel meetings are also very convenience at klcc.

no wonder China saving rate are so high, maybe lot of money go into China banks..
Many China banks are the world largest bank, surpassing Citibank long ago.

do u foresee China RMB will reverse? i mean depreciate vs major currencies?
most ppl said RMB is strengthening...
i also bet the same and deposited heavily in China..
the interest i gain are more than enough to serve msia bank loan.

boycott developer , boycott subsales.. what if all developers are selling at future price? many developers are cash rich..some go thru cash rich marketing agent/investors co, REIT, which have high holding power.
what if subsales also matching developers' price?

so stopped buying prop?