Investing in “Up and Coming” areas or mature area?, Which areas do you prefer?
Investing in “Up and Coming” areas or mature area?, Which areas do you prefer?
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Aug 8 2012, 10:43 PM
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#1
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Looks like plenty of opportunities
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Aug 8 2012, 11:28 PM
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#2
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Aug 9 2012, 12:34 AM
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#3
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QUOTE(seanlee31 @ Aug 9 2012, 12:04 AM) Setia Emas and Setia Eco Hill is definitely booming semenyih with about 1000 acres of development land. other developments also happening along Jalan Semenyih. IMHO, eg. Kiara business centre (entrance of Bandar Sunway Semenyih), pelangi semenyih 2 (by mkh), beside tesco as well (looks like mix development). personally, i prefer to invest into "up and coming" rather than mature area due to the fact that expensive properties will be the 1st victim if economy crisis attacks. just my 2 cent During good times, "up and coming" area may do better (if with right price). During bad times, matured area is safer (if it can't be sell at a good price and you're thinking to hold it, it can still be rent out) ... "up and coming" area, might be no more coming development for the next x number of years, and it may not matured enough to rent out reasonably. This post has been edited by ecin: Aug 9 2012, 12:36 AM |
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Aug 9 2012, 11:00 AM
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#4
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QUOTE(kcp3333 @ Aug 9 2012, 10:22 AM) Any ppl here attend the property convention last weekend? That sounds make sense .. what else did he suggest?I still recall Milan Dorsi suggested to invest in the mature areas and those areas with "confirmed" infrastructure going to be inplace such as the future LRT extension line. He disagree investing in upcoming areas such as Cyberjaya due to “supply > demand” since there are since still many vacant lands around that areas. One of his student, who currently stay in Subang, invested 2 units of service apartments in Cyberjaya and end up unable to get any tenant. So he suggested his student to rent out his house in Subang and move to Cyberjaya to stay there instead. Even if he able to rent it out eventually, the rental rate in Cyberjaya will be lower than those in mature areas. Hope no offend to the Cyberjaya kaki here. P/S: I am not promoting Milan Dohsi but agreed with he said |
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Aug 9 2012, 11:12 AM
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#5
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QUOTE(kcp3333 @ Aug 9 2012, 11:09 AM) %#$@*^% By the way, that sounds make sense also Added on August 9, 2012, 11:33 am QUOTE(AMINT @ Aug 9 2012, 11:10 AM) i think it depends on what u want. u want rental play, go buy matured areas. u want lots of capital appreciation, go for up n coming During bull run, many calls "high risk high return" .. but have forgotten "high return high risk" ..My 0.2 cents. By the way, I voted for "Invest in both ..." Personally, I think "up n coming" can split further .. after all, luck factor is also important. My 0.1 cents This post has been edited by ecin: Aug 9 2012, 11:35 AM |
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Aug 31 2012, 11:14 AM
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#6
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