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 [WTA]Buying property for foreigner [updated!]

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TSthund312
post Nov 19 2016, 11:14 AM, updated 9y ago

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Hello. so i have an uncle thats going to move to malaysia next year, and he's looking for an apartment in mont kiara area based on recommendation from his colleague
since neither him or me are familiar with the area around his company (bangi) i want to ask if there's any info or tips for any properties near that area (around mont kiara or bangi)

currently my cousin is reccomending sunway mont residence..
but the more the info, the better
thanks..

update:
visited few apartment last week
starting from
La Grande
Astana
Kiaramas Ayuria

so far we are more inclined to ayuria but seems like people here recommended tiffani and kiaraville (will need more input on this one)
and there's also a friend of my aunt that suggest verdana north kiara because apparently she just purchased one unit there early this year
so they're visiting again next month and going to see few more apartments..
budget will be around 1m to 1.3m
maybe will take 2 unit as another family member is interested now
thanks for the input from alot of member here.. that really helps alot


This post has been edited by thund312: Dec 4 2016, 12:24 AM
alextan99
post Nov 19 2016, 11:20 AM

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as long as its not landed then should be ok. If landed I think there is a min price for non malaysian
RChance
post Nov 19 2016, 11:23 AM

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You should go to the thread for Sunway Mont to read up and do some research on the development itself. There are abundance of review for most Mont Kiara properties that will help you get a better idea.

Just my 2 cent on the issue, current lands in MK are scarce and the recent developer unit locations are leaving alot to be desired. And prices are not actually reflecting on current market as they are priced for the future.

If your uncle is looking for a property for own stay, my suggestion is to look at subsale properties as well. In addition to be able to see the actual property close up and access the condition, the prices of subsale property might sometime be much cheaper than what developers may be able to offer.

But then if your uncle insists on getting something brand new then developer units is the way to go. Alot of research needed to be done to make sure he is comfortable with the risks to avoid being shortchanged in the long run.

botaknet
post Nov 19 2016, 03:04 PM

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Min price fo KL is 1million. Landed or Strata.

Selangor is 2million for zone 1 and zone 2.
For stratafied property only in Selangor.
airtawarian
post Nov 19 2016, 08:20 PM

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what is the budget for your uncle?
i can ask my friend recommend for you
TSthund312
post Nov 21 2016, 07:33 AM

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QUOTE(alextan99 @ Nov 19 2016, 11:20 AM)
as long as its not landed then should be ok. If landed I think there is a min price for non malaysian
*
yeah we plan to buy an apartment/condo so i heard the min price is 1m for non malaysian..
thx for info


QUOTE(RChance @ Nov 19 2016, 11:23 AM)
You should go to the thread for Sunway Mont to read up and do some research on the development itself. There are abundance of review for most Mont Kiara properties that will help you get a better idea.

Just my 2 cent on the issue, current lands in MK are scarce and the recent developer unit locations are leaving alot to be desired. And prices are not actually reflecting on current market as they are priced for the future.

If your uncle is looking for a property for own stay, my suggestion is to look at subsale properties as well. In addition to be able to see the actual property close up and access the condition, the prices of subsale property might sometime be much cheaper than what developers may be able to offer.

But then if your uncle insists on getting something brand new then developer units is the way to go. Alot of research needed to be done to make sure he is comfortable with the risks to avoid being shortchanged in the long run.
*
thanks for the info, i will check the threads ..
but for now he's open to suggestion either sub sale or new ones...

QUOTE(botaknet @ Nov 19 2016, 03:04 PM)
Min price fo KL is 1million. Landed or Strata.

Selangor is 2million for zone 1 and zone 2.
For stratafied property only in Selangor.
*
alright, thanks for the info !

QUOTE(airtawarian @ Nov 19 2016, 08:20 PM)
what is the budget for your uncle?
i can ask my friend recommend for you
*
around 1-1.3m
TSthund312
post Dec 4 2016, 12:25 AM

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updated for seniors here !
hhho
post Dec 4 2016, 08:57 AM

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I have one unit ready by march next year for sale. just pm you please check your inbox
lifebalance
post Dec 5 2016, 11:31 AM

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QUOTE(thund312 @ Nov 19 2016, 11:14 AM)
Hello. so i have an uncle thats going to move to malaysia next year, and he's looking for an apartment in mont kiara area based on recommendation from his colleague
since neither him or me are familiar with the area around his company (bangi) i want to ask if there's any info or tips for any properties near that area (around mont kiara or bangi)

currently my cousin is reccomending sunway mont residence..
but the more the info, the better
thanks..

update:
visited few apartment last week
starting from
La Grande
Astana
Kiaramas Ayuria

so far we are more inclined to ayuria but seems like people here recommended tiffani and kiaraville (will need more input on this one)
and there's also a friend of my aunt that suggest verdana north kiara because apparently she just purchased one unit there early this year
so they're visiting again next month and going to see few more apartments..
budget will be around 1m to 1.3m
maybe will take 2 unit as another family member is interested now
thanks for the input from alot of member here.. that really helps alot

*
For foreigners, in KL, it's min 1 mil

For Selangor, it will be varied from 1 mil , 1.5 mil and 2 mil minimum.


gidz89
post Dec 6 2016, 05:50 PM

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QUOTE(thund312 @ Nov 19 2016, 11:14 AM)
Hello. so i have an uncle thats going to move to malaysia next year, and he's looking for an apartment in mont kiara area based on recommendation from his colleague
since neither him or me are familiar with the area around his company (bangi) i want to ask if there's any info or tips for any properties near that area (around mont kiara or bangi)

currently my cousin is reccomending sunway mont residence..
but the more the info, the better
thanks..

update:
visited few apartment last week
starting from
La Grande
Astana
Kiaramas Ayuria

so far we are more inclined to ayuria but seems like people here recommended tiffani and kiaraville (will need more input on this one)
and there's also a friend of my aunt that suggest verdana north kiara because apparently she just purchased one unit there early this year
so they're visiting again next month and going to see few more apartments..
budget will be around 1m to 1.3m
maybe will take 2 unit as another family member is interested now
thanks for the input from alot of member here.. that really helps alot

*
Mont Kiara to Bangi is an awfully a long way to travel to work!! Also, being an expat, he will be very limited with choices with his budget of 1-1.3mill as the minimum for foreigners to buy in Selangor is 2mill. See article below.

http://www.thestar.com.my/business/busines...some-districts/

If he has kids that he would want to put in good international schools.... then Mont Kiara might be an option although the prices there can be ridiculous!

I think there are still a lot of things that you will need to ask him before you can actually determine which area/apartment might suit him and his family. For example....

1. When is planning to move?
2. How big of a house does he need? 3 bedroom? 4 bedroom?
3. Is public transport a must? If so... public transport infrastructure in Mont Kiara is not the best!
4. Does he have kids ? and where does he want them to go to school?

and tons more that need addressing...





happy4cathy
post Jan 4 2017, 01:14 AM

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QUOTE(thund312 @ Nov 21 2016, 07:33 AM)
yeah we plan to buy an apartment/condo so i heard the min price is 1m for non malaysian..
thx for info
thanks for the info, i will check the threads ..
but for now he's open to suggestion either sub sale or new ones...
alright, thanks for the info !
around 1-1.3m
*
Hi, if foreigner purchased housing in Malaysia:
Kuala Lumpur Area - 1million
Selangor - 2million
joeyyee1018
post Jan 20 2017, 11:07 AM

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i will recommend Tiffani Kiara & Kiara ville , this place is very convenience to international school , shopping mall . Both value also good for current market..even for rent also can rent a good price.

if you want to view you can text my friend , she is specialize in mont kiara . smile.gif

 

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