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 Investment, First investment in Mont kiara

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post Oct 2 2017, 01:14 PM

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QUOTE(Bambiwurst19 @ Sep 29 2017, 09:47 AM)
Hello everyone,
First let me introduce myself, I am a first time property investor, I've been looking at a few locations for long term investment (not to flip); and I've basically narrowed it down to Mont kiara.

Being a first time investor (on a budget) I've further narrowed it down to studio units (7-800sft); namely in I zen kiara I/II or in arcoris.

Any tips from seasoned investors regarding this?
Is mont kiara a suitable location?- People say don't expect capital appreciation in this area as it is already saturated.
I know no one can guarantee anything but any tips are welcome smile.gif
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Mont'Kiara is a choice address for expat tenants. More and more local owners do stay in Mont'Kiara nowadays. If you would like to invest in Mont'Kiara, take a good look at the secondary market rather than new launches. Avoid Jalan Kiara 3. Buy a property that could easily be rent out, as not all Mont'Kiara properties are doing well. However, do not expect great capital appreciation in the short term (this happens everywhere now).
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post Oct 8 2017, 10:54 AM

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Duplicate post

This post has been edited by winner: Oct 8 2017, 10:57 AM
winner
post Oct 8 2017, 10:55 AM

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Duplicate post

This post has been edited by winner: Oct 8 2017, 10:56 AM
winner
post Oct 8 2017, 10:56 AM

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QUOTE(Bambiwurst19 @ Oct 2 2017, 08:53 PM)
Thank you for your input, may I ask; why do you mention to avoid jalan kiara 3?
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QUOTE(xiaobaiwm @ Oct 8 2017, 10:27 AM)
I also want to know why avoid that place..
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Try to drive to Jalan Kiara 3 even during NON-PEAK hours on weekdays. You know what I mean.

 

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