I know there are all these talk about levitations in Muadzam Shah but last time I was there, I almost missed the town. So what this fixation on the place. You're going to buy a luxury condo there?

If you're talking about high-end, then you may be wrong or right, because the term is so subjective.

On the one hand, in Bangkok, the average luxury condo price is not high at all. You can get a decent place for RM800k in city centre. This is a common misconception because Thai prop market is segmented between Foreign Freehold and Freehold. A lot of prop is earmarked to for Thais only with no foreign buyers allowed.

Proof? New launch, studios start at about RM450k before freebies. In Sukhumvit Soi.
http://www.livat49.com/?gclid=CO-2o-bokbsCFYJU4godmGQAjg


In Jakarta, the high-end condo market is still relatively limited, but the housing for ordinary folk is still much cheaper than in KL. Also, there are decent places available.

Back to KL, you also need to define high-end. If you limit it to KLCC area (really CBD) and to new launches, then price is not cheap at all! Even compared to BKK where there is higher angmoh demand by far. But if you broaden to consider places like 5 Stones, WOTP in Balakong, Concerto as "high end", where expats would never stay, then of course we may be cheaper. But then you're comparing oranges to rambutans.

Why not buy landed property in Muadzam Shah as is cheaper than kv? Comparing property price in Hanoi, Bangkok, Taiwan and Jakarta to KL is as relevant as to Muadzam Shah.

You are right, its always arguable when it comes down to definition. Just googling on CBRE agency in Thailand reveals following:
1) Studio at Sansiri 600sq ft at rm 1.08m- Sukhumvit
2) Condo at Le Raffine 3850 sq ft rm5.0m - sukhumvit
3) Studio at Magnolias Ratchadamin 560 sq ft - rm 920k - Central Lumpini
4) Condo at The Met 930 sq ft - rm 2.86m- Silom/Sathom
These are just off the first page ..
My understanding is foreigners can own up to 49% of a Freehold condo project in Bangkok.
I do agree the new launches in KLCC especially the boutique ones like 4 Seasons, Bayan, Le Nouvel etc aren't cheap but how about Hampshire, Marc Residence, Dua Residence, K Residence, Idaman and some older ones which are around 800 to 1200 psf? These are practically built around the Twin towers.
Anyway, I'm not here to promote KLCC or properties per se but just to balance out some of the rather negative remarks that's been making the rounds. Not that any of these matters if shit hits the fan!

Bangkok prices should not even be compared with Malaysia because its GDP per capita only half of Malaysia. indonesia worse. Vietnam, even worst! But their property prices in city all higher than Malaysia. Malaysia is damn kau cheap!

Means Malaysia property price can more than double or triple? BBB

Aiyo.

how can compare like this.

must compare demand supply ma.

in malaysia. Govt tell rich chinis go tong san.

ask rich indian go back tamil nadu.

Ask poor bangla come.

ask poir filipin come.

so flood lo with many poor and gone lo with many rich.

other country ask bangla dont come. Rich chinis. Indian any race welcome welcone.

so demand for luxury high lo vs kl.

kl will remain cheap. Need up? Slow slow wait la as now pak hitam also come here.

This post has been edited by tikaram: Dec 3 2013, 12:25 AM

Why bother with all those nonsense? Just do the necessary.

I did not say BBB. Just saying KL is very cheap. Don't blame me if it turns sour.

U said kl dam kau cheap ma.

my rich relative buying rm 4000psf in bangkok wo.

Tak suka keluar policy making demand there high demand here low lo.

So people like u said " here dam kau cheap"

Agree, quite frequent to BKK hard to find pak hitam, banglas, paki, indo, lol... we sapu all these and give priority to vote too

This post has been edited by natman: Dec 3 2013, 09:04 AM

So means you should be buying as much as you can, right?

You did any research to verify "their property prices in city all higher than Malaysia" and compared with rental yield, demographics, etc?

Or based it all on what agent tells you and what you read in newspapers?

Good investor, bull or bear always does due diligence. Otherwise you are the pig that gets slaughtered while the smart ones laugh their way to the bank...

I think you've been looking in the wrong areas brother.

Either that or CBRE bullshits you.

http://www.acuterealty.com/PropertyDetail/..._Sale-Sukhumvit

270 sq METRES (3000 sqft) for only RM1.6m on Sukhumvit Soi

http://www.acuterealty.com/PropertyDetail/...Park%20Thonglor

126 sq METRES (1250 sqft) for only RM850k, and the best part, you can rent it out at USD 1166 which is equivalent to RM 3.6k.
That works out to 5% Rental Yield, far in excess of what you can get for KLCC condos nowadays....even at asking price (not comparing to price 5 years ago).

If you really think Bangkok prop is so overpriced, you should be all over this brother. Lots of contra/flipping opportunity...

http://www.thestar.com.my/News/Nation/2013...er-tariffs.aspx

http://www.malaysia-chronicle.com/index.ph...angkok&Itemid=3

sugar price .... up
assessment ... up
fuel subsidy ... down
fuel price ... up
power tariff ... up
toll rates ... up

salary ...?
prop price ... ?
rental rates ... ?

INFLATION

salary ... stagnant for the past 5 years and will continue for the next 5 years
prop price ... up
rental rates ... up

Salary...at least my staffs get 10% tis mth.
Prop...my props stil hav healthy request price.
Rental...so far holding is crucial.

In long run if u r not flipping, everything looks fine. Flipping is not the games for next few yrs.

can i be your staff?