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 Rawang still a good place to invest?, Some say not good, some say good

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cheahcw2003
post May 5 2015, 11:45 PM

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QUOTE(New Klang @ May 5 2015, 07:49 PM)
8 out of 12 responded negatively.

Is there a systematic reason why?
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some ppl prefer north some prefer south.
No right and wrong answer but more to personal preference. If your daily routine is more at the North, there is no point you invest in Cyberjaya, or Sepang
SUSNew Klang
post May 6 2015, 09:23 AM

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QUOTE(cheahcw2003 @ May 5 2015, 11:45 PM)
some ppl prefer north some prefer south.
No right and wrong answer but more to personal preference. If your daily routine is more at the North, there is no point you invest in Cyberjaya, or Sepang
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When KV land supply become scarce, Rawang will boom.
jason_chee
post May 6 2015, 12:19 PM

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QUOTE(parkerfu @ May 5 2015, 03:21 PM)
i have to said..currently the road condition are not able fullfill the traffic during peak hour
terrible jam..all the developer are develop the area near by anggun
i just cant imagine if all the houses currently built are tenanted.

in another words...more and more people are looking in rawang, but first..need to upgrade the road first ma...
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yes, agreed with you on the Traffic. But not during peak hour. It occur during off peak and weekend due to AEON attract most of rawang ppl there. i agreed on the lousy road condition. but if the access road is nice and easy, the price would had peaked. that's why you invest before the infra is up to gain more appreciation. just my 2 cents.

road upgrade is a must. it's the matter of time and waiting budget from government. I foresee this year will commence the work due to collected gst.
bearbear
post May 6 2015, 12:26 PM

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Now? Sorry no.

It depends what is your aim. For own stay with proper G&G and more lay back life style I say go ahead. If you want to play rental sorry to tell you no such market.

A Semi-D in Anggun 2 is rented below 2k now partly furnished. Barely 4% yield provided you buy back in 2010.

If you don't mind 5 - 10 years for it to grow then i will say go ahead. Road condition, environment is still not there yet. Most new development are on the Jusco side, good 10-15 minutes drive to main commercial area old / new town area. And don't forget the jam on weekends. Nearer to it is Country Home and upcoming Anggun City.

I stayed in Subang for 20 years before moving into Anggun 2 few months back. smile.gif

This post has been edited by bearbear: May 6 2015, 12:30 PM
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post May 6 2015, 02:04 PM

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QUOTE(jason_chee @ May 5 2015, 03:18 PM)
did u invest in rawang? I have to say i disagreed with you. Rawang ain't a good place to invest during late 90s but definitely a good place to invest 5 years ago. just my 2 cents.
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in investment we judge the previous, see the current, and predict the future... 5 years ago, everywhere is a good place to invest, so don't judge it based on the 5 years performance, and look into the numerous projects in the next 10 years, which one of those are beneficial to Rawang? bandar malaysia, sungai besi, salak south, bukit jalil, serdang, putrajaya, etc, those KL south is the focus...

just my 2 cents too smile.gif
cheahcw2003
post May 6 2015, 02:17 PM

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QUOTE(New Klang @ May 6 2015, 09:23 AM)
When KV land supply become scarce, Rawang will boom.
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it has already boom.
a double storey link house in Emerald East was launched at 160K some years ago, and now is selling at 450K.
As i mentioned, if u are already currently staying at the Northern Part of KLV, Rawang is not too far.
Rawang toll to Damansara Toll is merely 14 minutes.
SUSNew Klang
post May 6 2015, 02:21 PM

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QUOTE(cheahcw2003 @ May 6 2015, 02:17 PM)
it has already boom.
a double storey link house in Emerald East was launched at 160K some years ago, and now is selling at 450K.
As i mentioned, if u are already currently staying at the Northern Part of KLV, Rawang is not too far.
Rawang toll to Damansara Toll is merely 14 minutes.
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When was Emerald East launched?

I went to the Emerald West launching.
cheahcw2003
post May 6 2015, 02:23 PM

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QUOTE(New Klang @ May 6 2015, 02:21 PM)
When was Emerald East launched?

I went to the Emerald West launching.
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u can find the "history" of Emerald east and west at Propwall. The website has historical launching price info.
SUSNew Klang
post May 6 2015, 02:57 PM

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Good investment point of view if invested money in Emerald East.


katijar
post May 6 2015, 04:04 PM

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Rawang still NOT a good place to invest.
SUSNew Klang
post May 6 2015, 04:35 PM

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Many in lowyat.net are anti Rawang
keponggangster
post May 6 2015, 04:53 PM

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some serious infra is missing in Rawang, it is the linkage to sungai buloh and the whole corridor down to KL is NOT well developed.

In terms of investing style, you BUY growth property/stock at higher price and sell higher. Value investors wud BUY undervalued property/stock and aim for future rerating catalysts...in this case, the MISSING INFRA...
Yamma
post May 6 2015, 04:58 PM

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More than 1 hour drive to KLIA. Scary for those traveler.
SUSNew Klang
post May 6 2015, 05:09 PM

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QUOTE(keponggangster @ May 6 2015, 04:53 PM)
some serious infra is missing in Rawang, it is the linkage to sungai buloh and the whole corridor down to KL is NOT well developed.

In terms of investing style, you BUY growth property/stock at higher price and sell higher. Value investors wud BUY undervalued property/stock and aim for future rerating catalysts...in this case, the MISSING INFRA...
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Buy higher and sell higher. Where?
g00glesYYl
post May 6 2015, 05:46 PM

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For investment, you should look for condo which not in Rawang. Own stay, i think Rawang is ok.

One thing to add, there are many factory and big truck near there, dangerious man...
37 Exposures
post May 6 2015, 07:34 PM

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QUOTE(cheahcw2003 @ May 5 2015, 11:45 PM)
some ppl prefer north some prefer south.
No right and wrong answer but more to personal preference. If your daily routine is more at the North, there is no point you invest in Cyberjaya, or Sepang
*
I stay north but invest few bijis in south tongue.gif
37 Exposures
post May 6 2015, 07:36 PM

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QUOTE(New Klang @ May 6 2015, 09:23 AM)
When KV land supply become scarce, Rawang will boom.
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Rawang will boom? Rawang property not everyone can afford now cry.gif do you agree?
37 Exposures
post May 6 2015, 07:46 PM

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QUOTE(jason_chee @ May 6 2015, 12:19 PM)
yes, agreed with you on the Traffic. But not during peak hour. It occur during off peak and weekend due to AEON attract most of rawang ppl there. i agreed on the lousy road condition. but if the access road is nice and easy, the price would had peaked. that's why you invest before the infra is up to gain more appreciation. just my 2 cents.

road upgrade is a must. it's the matter of time and waiting budget from government. I foresee this year will commence the work due to collected gst.
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The road upgrading works slow like snail, doubt they can done it end of this year. The newly completed high construction cost Batu Arang flyover banner got many..but no tree/plants at all, really really bad!
37 Exposures
post May 6 2015, 07:54 PM

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QUOTE(Yamma @ May 6 2015, 04:58 PM)
More than 1 hour drive to KLIA. Scary for those traveler.
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How often are you go to KLIA? Pilots and flight attendants wun stay north la
37 Exposures
post May 6 2015, 07:56 PM

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QUOTE(Avex @ May 5 2015, 10:25 PM)
for investment what is your expected yield? What is the rental rate?
Have you check the surrounding.
Does it have lots of business setting up in the area? facilities?
access to other areas? universities and schools?
Are you staying nearby in case someone wants to rent or in case your tenant needs something fix and you have to assess the property?
What are the maintenance fees, sinking fund, etc
If you expect it to rise few folds then you really have to wait for the next 15 years. Road work maybe 5 years timeframe, public transport maybe 5 to 10 years, mature township and business setup maybe 8 to 15 years
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