We anticipate price to fall.. then go on and snap affordable properties which reflect the actual market.. not those bought 430k then flip to 780k.. after e yearscompletion..

I disagree forking out money to buy overpriced property.. I should never like that.. the last I check with you u bought amanya and dimisses the importance whether it yeilds any rents..  you say you are a long te investor amd likealuri very much.. maybe

ask some q..

will you buy a 2 room 545 sq studio at rm 680k? Now.. for investment or even stay ?

Affordability issue has long went out of hands when you joint the caravan of property flippers.. dun be mad we shall rationally rationalize this issue..

err.. not necessary true la..

i think is more of what "other ppl want to stay" ...
i like to stay far away from KL.. I dont like city living.. but rental in CBD area looks promising.. so i invest in what the general demand is rather than what i like to stay..

its more of what segment you are targeting.. expats? general public? students? .. mid cost apartment can be good investment, but not necessary i would like to stay..

I had been a Cheras guy my entire life, I had not seen anything prestigious about Tmn Maluri? Own stay, okay lah... but for invest? Hmmmmm.... what kind of target demographics when expats don't really look out that place? The best place in Maluri is always the single storey terrace right under the LRT, but that place always flood whenever long heavy rain comes. Last heard from a friend who stayed there they were offered a million by MRT Corp to move out out, they missed the boat and now MRT had diverted their lines.


Location location location theory makes sense but again it was the bull market that doesn't. Price UUU is correct in general, but putting a premium because it seems 'convenient' wasn't really convincing since the majority still prefer to travel in cars instead of commuting to work.

My questions is, what kind of people in their right mind will pay a premium for a shoe boxed serviced apartments for own stay purposes but put it as investment first?

Some people might choose their place to stay based on availability of night life and some other might avoid certain area because of the same thing. Probably the latter group is more likely than the former in the case making decision based on clubbing/night life scene in the area.

KLCC is high class for high income but it has very little to do with the availability (or lack of if you prefer) of a clubbing scene. As for the clubbing crowd in KLCC I thought it was a well known fact that the majority there is not locals (and that's even when excluding the foreign tourists) and that's the way it has been for at least the last couple of years. Hint: go to KLCC LRT station at any Friday/Saturday after 7pm and see who arrives and who leaves

Why would a company choose to pay higher office rent in KLCC (for example twin towers) compared with other office locations?

Because of the smooth KLCC traffic? Nahh, jammed.
Because of LRT station? I don't think so, got plenty of cheaper office locations along the LRT lines.
Because of great places to have lunch? Because of good shopping malls nearby?
Because it's KLCC and in Malaysia KLCC is associated with class. You know you want that KLCC address on your business card.

As for the TRX we'll have to wait and see how that develops, just because the gov't have some ideas about what kind of development they want there doesn't mean it will happen (e.g. Cyberjaya).

Still didn't answer my question leh.... Prestigious or not?

Want compare to those few that commutes to the majority that drive to work meh? Full parking outside LRT station comparable to the number of vehicles that pass by Jalan Loke Yew every morning ah? You think you only Cheras guy ah?? Or just migrate here then anyhow claim sendiri Cheras guy ah?

Good if you have no regrets la, hopefully you really benefited to refute what I saw at a certain new condo la... 



Keyword: If it happens.

In short the current property pricing boom was due to speculation.