Dear all,
I am planning to move to KL with my wife in a couple of years. I can afford RM 1.5M for getting a property. What projects would you guys recommend for:

1. Investment: good rental return + capital gain

or

2. Living: 2 persons without kids; semi-retired life

New to KL. Your suggestions and info would be much appreciated.

This post has been edited by beleebala: Jul 31 2018, 04:08 PM

Fastest investment - Go genting (big 1 round)

Double your investment in 1 min time.

how old are u?
1.5 M with semi retired?
1.5M is nothing in kl

Depends on whether your RM 1.5m is expendable or not.

Top up another $500k, I stret away sell u something good. No bull.

Expendable. It is meant to be long term investment or a long term living place. Thanks.

Buy the Eco World Semenyih property.

Assuming that if you were to purchase said real estate and that it wouldn't constitute a big portion of your portfolio (less than 20%), I would just look for a landed property (new development projects) for investment.

And for staying I would ask myself if I like gardening or the urban lifestyle first.

For landed properties, do you mean houses? For investment, are they better than condos?

No gardening... hate gardening... LOL

U bot...?

Nothing good below 1.5M? Trying to limit the risk of my first investment in Malaysia.

Based on TS requirement, semi retired life.

I cannot live in Semenyih yet as my work is at the heart of KL. Travelling is hassle. Waiting for the 2 highways to complete

My personal opinion would be, spend 3 quarters of it for your long term home, put the rest into FD or other higher returns investments and take annual trips with the returns.
If I was semi-retired, I would be spending my remaining time travelling the world before I get too old and crumpled to enjoy them.

Hi jAsOs, good ideas. 1.5M is budgeted for the property. I have set aside some money for other expenses and other investments.

I also read some people saying that term deposit could be a better option as the rate could be as high as 4%.

If 1.5M is solely for a property purchase, I would highly recommend getting one for your own stay with half the sum and renovating it with the rest of the money.
And if there is a surplus, then more to spend later.
Either way, it's still adding value to your current portfolio.

Term Deposit and Fixed Deposit are the same product and yes the returns ranges from 4.0% to 4.5% for 12 months deposits.
You may refer to this thread for more information.

IIRC, there is a minimum RM 2mil entry for expats looking to purchase a property here.

This post has been edited by jAsOs: Jul 31 2018, 03:54 PM

So how much do we need in order to survive in Kl if 1.5m is nothing in Kl?

TS not malaysian?

Thanks for the link!

No. I am planning to move to KL from Hong Kong.