Any ppl here attend the property convention last weekend?
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
Investing in “Up and Coming” areas or mature area?, Which areas do you prefer?
Aug 9 2012, 10:22 AM
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