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

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jason_chee
post May 5 2015, 02:17 PM

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QUOTE(alextanck84 @ Apr 29 2015, 10:57 PM)
Rawang still a good place to invest?
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few years ago = yes. Now = subjective and depending on market. Own stay, everywhere also same. for investment, even KL address will bring you negative with surrounding element. therefore, it's better for you to make full research of the place you intend to invest.
jason_chee
post May 5 2015, 02:18 PM

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QUOTE(administrators @ Apr 30 2015, 07:04 AM)
rawang is never a good place to invest, and it will never be a good place to invest for at least in the next 10 years
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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.
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.
jason_chee
post May 7 2015, 09:46 AM

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QUOTE(administrators @ May 6 2015, 02:04 PM)
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
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agreed too. however, location you mentioned above (except putrajaya) are merely 20km radius from KLCC? which in my opinion can't compare to rawang due to the distance. yes, i would agreed with you on potential of development which rawang don't have much mega project. but that doesn't mean it won't be a good place to invest. in investment, i would look at "potential" vs "establish" where rawang could be on the higher risk category. but nevertheless, high risk = high return. another of my 2 cents. biggrin.gif

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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hmm... seems like PLUS 4th lane is still missing between Rawang - Sg. Buloh. rclxms.gif

QUOTE(New Klang @ May 6 2015, 04:35 PM)
Many in lowyat.net are anti Rawang
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that's normal because many refer rawang = bkt beruntung and rawang = far.

jason_chee
post May 7 2015, 09:54 AM

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QUOTE(g00glesYYl @ May 6 2015, 05:46 PM)
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...
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Rawang also can invest. In fact, smaller town also can invest. the main concern is, how many % of return you want to get back and within how many years.

btw, it seems like Kepong Industrial Park or Puchong doesn't have big factory and truck. rclxms.gif

QUOTE(37 Exposures @ May 6 2015, 07:46 PM)
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!
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Government no money la. have to postpone here and there. now gst in place, i think the construction will start sooner.

QUOTE(Babizz @ May 6 2015, 10:42 PM)
Sorry but my friends that live in rawang talk about upgrade road for more than 20 years..than they build that flyover near the toll..

Mind u investors, half of jalan batu arang NO LIGHTS.. only lights are those car light n traffic light. road still 1 lane when surrounding all messy tree/factory..

Rawang may have appreciated but the township development/commercial elements is the among the WORST in KV.. try driving thr this weekend night to get a feel of rawang  rclxm9.gif  rclxm9.gif  rclxm9.gif

I will video tape/take pics next time  shocking.gif  shocking.gif  shocking.gif
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between toll to BCH, there is lamp post. not many and some are dim. Yes, i agreed township is badly plan. thanks to Tanco lo. 20 years ago it was a hype and promises by who else... "Tanco" and "B-end" lo. But thing change after 2008 where "pee-kay-are" took over. but still ... i think progress is slow. btw, few developers need to chip in money for Jln Bt Arang upgrade (toll to BTP junction). that's why it's a bit slow.

do give me a buzz if you drop by AEON. we can go yam cha.
jason_chee
post May 8 2015, 09:49 AM

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QUOTE(Babizz @ May 7 2015, 02:08 PM)
Btw, whr do u dine in rawang ah?  brows.gif  brows.gif dnt tell me those mall food which is not nice haha ohmy.gif  ohmy.gif
Will buzz u when im around  icon_idea.gif  icon_idea.gif
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hmm.... i usually dine at home. no money ma... eat at home is cheaper than eating outside. Mall food ok what. tongue.gif anyway, you can drop by Rawang Town for Lan Je Steam Fish. But i dislike because it's damn crowded. besides, there are many branches now. so... nothing much special. other than that, i had steamboat nearby tesco. most of the time, i go to BCH for "tai chau" or order dishes. food not too bad. This Tai Chau restaurant operated in BCH since '96 (if i recall correctly). alternatively, you can try the Garden Food Court @ Old Club House. But the food ain't that good and small portion.

QUOTE(SephirothLee @ May 7 2015, 11:29 AM)
rawang an isolated place man..... bad connectivity......
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rclxms.gif Seems like Rawang dun have KTM, AEON, TGV, Starbucks, Private Hospital, Commercial, Hse, 4-Lane PLUS highway, LATAR, Guthrie. hmm.gif you call this ulu. notworthy.gif
jason_chee
post May 8 2015, 09:57 AM

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QUOTE(Yamma @ May 7 2015, 11:42 AM)
Only pilot and flight attendants frequently go to KLIA? Travelling once a month or once in two months is more than troublesome for those who stay in rawang.

High income people do travel a lot. Senior management travel a lot too, for meeting etc. Don't underestimate the importance of distance between rawang and KLIA.
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mid income ppl also travel. I also travel. I don't see a big issue to get to KLIA. I'm not travelling from Ipoh to KLIA anyway. I also work in Cyberjaya for 3 years. I don't see a big issue travelling everyday. If i was given a job in Cyberjaya now, i would take it up regardless of my staying. Perhaps you dislike travel and prefer to be near to KLIA. that's individual preference. When i travel up north to Ipoh / Pg, i save up 45 mins compare to ppl living nearby to KLIA. again... not everyone travel to ipoh. smile.gif just my 2 cents.

QUOTE(alextanck84 @ May 7 2015, 01:00 PM)
Since most people comment rawang not good...so semenyih good or not?
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semenyih very good. South ma.

QUOTE(New Klang @ May 7 2015, 03:07 PM)
Why drag Semenyih into the discussion?
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cos in terms of distance to KLCC (City Center), semenyih is quite similar to Rawang. Rawang is approximately 38KM point to point. Semenyih shud be similar distance. If not, by extra 2 or 3 km. therefore, comparing apple to apple for those who like to compare. just my 2 cents.
jason_chee
post May 11 2015, 07:49 AM

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QUOTE(yoong81 @ May 8 2015, 03:30 PM)
i have to agree on this.. u need at least 1 hour to travel between rawang and KLIA, assuming no traffic jam.

imagine if u need to catch early flight e.g. 8am. u need to leave rawang at 5am!

and imagine if u need to travel every month..
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yes. you are right. 2 hours before Departure to reach airport. If u stay in PJ, you will also need to leave around 5.30am. unless u stay in cyber where you leave 5.45am.

QUOTE(leithwalk @ May 8 2015, 03:38 PM)
If need to catch flights frequently of course u buy near Klia. No point looking into areas like rawang. Dengkil, bangi still offers reasonable priced properties.

Rawang is for those who commute to kl yet live in affordable living environment
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even those travel frequent also doesn't really choose dengkil or bangi. mostly will choose near to ERL which is cyber/putrajaya, salak tinggi, KL Sentral vicinity.

QUOTE(Soros007 @ May 8 2015, 04:14 PM)
I travel overseas min once a week and sometimes 2 -3 times a week.
Staying in cyber, 15 mins to KLIA via ERL, clean, fast, cheap (Rm6.20) and reliable to / from airport.
no traffic jam, no illegal parking, low crime, fresh air, kampong feeling very nice!

If I have to go into office at KLCC, 40 mins drive via MEX during peak or 25 mins off peak.
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yup. i also park in Putrajaya Sentral. ERL is convenient. But issue is frequency. once missed the train, need to wait for another half hour. i kena 1 time before. haha. luckily i'd checked in and can straight walk in boarding.

QUOTE(dreamer2020 @ May 8 2015, 06:03 PM)
Any news from Daland TWO project near AEON?
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i don't think that is happening. The Company is too small to engage such huge project.
jason_chee
post May 11 2015, 08:01 AM

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QUOTE(New Klang @ May 9 2015, 10:46 PM)
Nice diversion away from Rawang.

May I ask how many years is the tax incentive in Siberjeya?

What are the incentives?

Like that Siberjeya no longer IT town?
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MSC status company need to operate their office in MSC Certified area. Cyber is one of the place. If the company want to occupy larger corporate building or space, they can choose cyber. If no mistake, it's 5 years tax free. I'm not sure whether that still the same or not. Other incentives in Cyber, i'm not sure. but the ready fiber optic channel is available for a corporate to tap in for faster internet connectivity.

the issue with this MSC is, there are many place or building is certified MSC now. MSC company doesn't need to move to cyber. 2 area i know is, Bangsar South and i-City SA is certified as MSC area. So, those MSC company can run their business without relocating to Cyber. I still think Cyber has potential is MSC hype don't die-off. the problem i have with cyber is parking. I always have to park at road side when i attend to my customer. shakehead.gif
jason_chee
post May 11 2015, 11:14 AM

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QUOTE(dreamer2020 @ May 11 2015, 09:29 AM)
i tot they mou with Sanderson Group?
too bored without the theme park in Rawang
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MoU only. Not Contract. smile.gif Rawang won't be bored without Theme Park. I'm waiting for Maison and Anggun City.
jason_chee
post May 14 2015, 12:47 PM

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QUOTE(propertysense @ May 13 2015, 11:48 AM)
some banks cannot approve loan in rawang specifically . There are reasons behind it. not sure why
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Depending on Bank and Address. THat is 5 or 6 years ago. Foreign bank except HSBC doesn't cater loan in rawang. HSBC can cater because they have a branch in Sg. Choh, Rawang.

QUOTE(dreamer2020 @ May 14 2015, 11:08 AM)
Good. But no land clearing or whatsoever leh. Even PLUS highway also didn't block the lane to construct the Skybridge.


jason_chee
post May 14 2015, 02:51 PM

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QUOTE(dreamer2020 @ May 14 2015, 12:58 PM)
land ady clear from google map
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great. rclxms.gif

QUOTE(asil66 @ May 14 2015, 01:03 PM)
If you are on your way to Ipoh from KL, pay attention to the right side of the highway after the rawang selatan toll. There's a big piece of land cleared and a "The TWO" signboard there.
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that's the thing. Long time i didn't use highway travelling south bound. I use back road from Bestari Jaya. That's why.

QUOTE(37 Exposures @ May 14 2015, 02:34 PM)
In conclusion, good luck to those stay nearby airport.
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On top of that, Flight Zone Hazard which HSE need to look into this for the event of inappropriate landing. I just came across this is HSE meeting this Morning. haha.
jason_chee
post May 15 2015, 11:59 AM

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QUOTE(masbruno @ May 15 2015, 01:01 AM)
OCBC also do ler
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oops.. ya. mine is ocbc. forgot ocbc is foreign as well. tongue.gif
jason_chee
post May 15 2015, 12:07 PM

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Actually how to determine good investment return? I'm curious? 10% increase of prop price per annum? or 100% of increase prop per annum? My experience say... take Cassis (EW) as e.g: 2 years ago selling price around 420K on average (correct me if i'm wrong) and current subsale which is newly VPed is around RM 550K. 130K for 2 years. not good?

let's take a bit further... M Residence 1. Back in 2012, purchase price is around RM 380K (on average). VPed in 2014 and transacted at RM 500K on average. 120K for 2 years. not good?

Anggun 1: 2007 on average RM 420K purchase price. VPed in 2010 (if i remember correctly) and transact around RM 550K. 130K gain in 2 or 3 years time. Not good?

Let's look at Shah Alam.
Damai Residence: 2010 on average RM 400K purchase price. VPed in 2012 and transacted around RM 530K. 150K gain in 2 years time. good? it's actually more or less the same.

Disclaimer: Above info is based on what i remember. Information might not be as accurate. it just for reference only. no right or wrong.

 

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