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Investment High-End Condos near KLCC, (Investment)

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matabumi
post Jan 22 2014, 12:06 AM

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QUOTE(Aventador360 @ Jan 21 2014, 08:44 PM)
I thought that LA prices are much higher than the counties right?
Beverly Hills is considered LA county?

hmm.gif
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yes and no, i think. people relocate to where they can find economic opportunity. outskirt of LA has hollywood, santamonica beach and beverly hills. inner city of LA has some of the baddest gangsta rappers especially in area near compton.

i think as long as traffics still long, car prices high, petrol prices and toll rates going up, and parking fees naik, city centers will be of value.

KLCC and Bukit Bintang area are driven by 2 major industries. oil and gas, and finance.

some ppl always asked why less expats these days, i think its probably, locals are taking over the jobs, these high paying jobs such as investment banking, drilling engineers, expert geologists, offshore specialists which companies around klcc hire by the thousands. they make 30-40k a month for 10 years experience. not to mention the services companies built around the industry.

the risk is when oil and gas reserves run out in 20 years. or another asian financial crisis.
matabumi
post Jan 22 2014, 12:36 AM

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QUOTE(tikaram @ Jan 22 2014, 12:32 AM)
Maybe is just me? My old generation?

We would like to have / stay in klcc areas when all kids study overseaa.

But still not selling our g&g landed as memories is priceless.
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try one menerung. some of the higher profile pensioners live there after their kids left their damansara height homes. empty nest.
matabumi
post Jan 22 2014, 12:50 AM

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QUOTE(tikaram @ Jan 22 2014, 12:48 AM)
We like small jungle too.

but still open option to try new enviroment.

as u get older. Stay in city center make u BUSY this n that. It actually perlong one life as the result.

i read it from a taiwan magazine on research done in hk n otger big cites in china.

busy is highlighted.
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and better healthcare facilities from different price range. IJN, prince court, pantai and HKL are nearby.
matabumi
post Dec 18 2014, 02:53 PM

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QUOTE(corleone74 @ Nov 24 2014, 06:25 PM)
the forum KLCC.
or the older condo in bukit ceylon? *somerset bukit ceylon for eg.
are they  good value buys?
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if you nak duduk sangat sebelah klcc or want some assets in the klcc vicinity, consider the older condos. 10year-old condo well maintained mcm the forum, corinthian, dmayang. these are at 700+psf. sometimes can find 600+ psf if the buildup is larger. boleh jalan pegi lrt ampang park or klcc.


matabumi
post Dec 18 2014, 03:16 PM

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QUOTE(gks @ Dec 18 2014, 03:07 PM)
You are an Agent or tenant?

If you are an agent, why no agent? Because you do not want to co-broke?

Anyway based on your vague description, doubt any owners will bother...
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can do airbnb laa.. klcc banyak condo kosong next to lrt. owner take the risk, they manage the ins and outs.

 

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