Race based gov policy doesnt really affect foreigners especially if you are not citizen.

Yes crime is a concern compared to hk. People here still not reached the maturity of a developed nations. Thats why things are cheaper here.

hong kong move to malaysia ?

stay in Ipoh if you want to continue to fell like you are in HK.
Almost 60-70% is cantonise in Ipoh and our cantonise almost all learned from TVB, so you can hear something similar like "很痛饿，渴Q死我，你条扑街啊"

stay in penang if you want to fell like you are in Taiwan.
majority are speaking hokkian.

let me try to put myself in your shoes:
if i from Hk and going to retire in KL with 1.5m budget, i would:
1) Get a condo at mont kiara, feel like i am in meongdong as alot korea shop and ppl there. send my kid to study in international school to kao korea mui.

2) Get a new landed property at sepang salak tinggi (serenai city,sunsuria city,warison puteri city, greenland) near to airport, so everymonth i can back HK visit relative.

3) Get a landed property at setia alam, abit outskirt but have everything you need inside that town.

I can recommend some investment firm for u if u interested...
yes, split out ur investment... dun invest all in 1.. .put some in bank's FD which is the slowest income.. but 1mil yield quite alot income if u spend modestly...

Cheers...

1.5M? Buy 6 low cost apartment and rent it..you'll get almost fix monthly income every month. let time pass by and one day the property value will be double..

Thanks guys for your advice.

Unfortunately, as a foreigner, I cannot buy any properties less than RM 1M (2M for Selangor). So, the good idea of splitting the 1.5M into two or more properties is not an option to me.

The message "it is a buyer's market" is everywhere on the internet. However, at my recent visit to KL, I did not see big discounts in new off plan developments. Maybe I was looking at the wrong places (MK, Bukit Bintang, Desa Parkcity). You guys are right that I should spend more time looking and studying the market in KL before diving in. I have mixed feeling about Mont Kiara. It is modern and nice. However, the area and roads there are as crowded as in Hong Kong.

Regarding whether the "race-biased" government policy, you might be surprised that this often is the most discouraging factor when HK people consider moving to Malaysia. We have this negative impression about Malaysia for decades and while it does not really affect foreigners, HK people generally have very negative feeling about this, especially after all the anti-government movement in HK making them more sensitive to politics. Many also do not want their children (I don't have any) to grow under such policy.

This post has been edited by beleebala: Aug 1 2018, 09:52 AM

you expect hongkie goes to low cost housing areas to collect rent every month, 6 households?
sure kena bullied kau kau.

there is NO ONE perfect haven in this world. you give some and gain some. Not in Malaysia, not Singapore, not Australia and definitely not in NZL.
I believe Hong Kong has another 23 years (or 33 years??) left before the one country two systems will reverse back to ONE CHINA policy.


The race based policy is more towards protecting the malay race and its religion then anti Chinese. As the local Chinese population is dwelling in the future, expect local Chinese losses more strong grip on politic and economics.

but having said so, nobody is born equally. having lived in such diverse country, you will appreciate there is much more than 'race biased' policy. your children likely to be trilinqual (as Chinese), more tolerance of other faiths and races and will be able to adapt different places better. it will do more good than harm to one child. Also remember, we are now living in a global village.

am very glad that I was born here, and needless to say, also very glad that there is race biased policy. It made me work harder towards my goal, think outside the box and outside the country. I wouldn't change this for the world.

This post has been edited by BEANCOUNTER: Aug 1 2018, 10:06 AM

Those are really prime areas, the prices may be stagnant but it would be hard for price drops unless shit hits the fan.
In fact, all those areas are quite crowded, if you're looking for serenity, expat hotspots may not be what you want.


we just had a change in government, hope it's all for the better. Over the years the sentiment for non race-based policies are getting stronger, but the voice for protectionism is still pretty loud. We can only see how things goes

Get someone to manage leh..if no one can help, i oso can help to manage..6unit x 1k..6k every month..gimme 1k to manage oso no probrem.. 😉

Hi BEACOUNTER, please don't get me wrong. The government policy is Malaysia's own choice / business. As foreigners coming to Malaysia, we should accept the status quo. Otherwise, we should not come. I was basically saying if you don't have such policy in Malaysia, HK people will be rushing in crazy!

Close one eye buy any freehold, fully gated and guarded (beware: real ones...not those boom gates type) in Klang Vallley lah..won't go wrong...no need come to see also....

What are the good areas for gated and guarded? Any project names? Thanks.

if i may.

first and foremost you need to decide whether you prefer highrise or landed.

general perception, highrise better security.

but if you were living in highrise all your life, you may want to try something different?

and again, investment vs own stay does not mix well.

if you are keen to dump all for own stay, rm1.5mil can get you something very decent especially for only a couple living a semi-retired life.

for instance, you may get a landed single storey in ttdi.
or a large built up condo within same vicinity of ttdi like sinaran or ss2 five stone.
these areas are less crowded yet mature giving you the semi retired lifestyle that you may wish to pursue.

cheers!

I think its better if you can get a few agents and tell them the criteria

-freehold
-gated and guarded (with proper perimeter fencing, CCTV, guard patrol etc)
-within 20km to 25km to KLCC
- your budget
-Preferably strata title (because management can enforce the rules under Strata Title Act)

Desa Parkcity is well known for gated and guarded freehold landed. But beware not all are strata titles. Some are individual titles. There are a couple more other developments with lower prices but fit the criteria. Best to get few agents feedback...compare location, designs, 2 or 3 storeys, prices, built-ups, facilities, occupancy etc.

Note: Do not go for those townhouse type where 2 floors share the ground floor. Tell the agents you want proper terrace/link house.

I think Hong Kongers should diversify to other countries. A typical condo in good area in Hong Kong will cost how much? Easily HKD30mil? Thats crazy! And the leases will expire in 30 to 40 years right? Plus the impending 2047....

Great advice! let me check what TTDI is.

A 30 years old 900 sft DSL house in a remote area in HK now probably starts at RM 6M.

Most of the land lease in HK expired in 1997. We have been paying land rents to the government since then. You still own the land, just need to pay land rent.

This post has been edited by beleebala: Aug 1 2018, 01:39 PM

TTDI = Taman tun Dr ismail

1 of the vely nice community with rich uncles aunties

Well preserved in value for props here. U won't regret with the nice park there.

Btw it's much beta than mk. Unless u onli wan tall tall building.

No hard feel. Just tried to explain to you.

IF there is no race based policy there are many things wont be like what is malaysia today. Hongkies may not come also

All nations hav their own fair share of BS

But in malai I trust................. At least now with the new gomen til the day I decide to ahemmm

Interesting, my situation is abit similar. But there are personal circumstances that holding me back to purchase a property in malaysia. Hence i have decided to rent like one of the forummer suggested to get a feel about the area. As in your case, there is no need to rush to buy a property at this moment (personal opinion, as i believe with current property market conditions in a rising interest rate environment will exarcebate the already soft market).

Further more, if you are converting hkd to myr, you are getting a better interest rate return but the direction of exchange rate is anyone's guess.

If you got a few days of free time read through as much threads in the property talk section and you will slowly getting the picture ( i knew i did but i spent almost a year as a silent reader). But some of the short hands they use will really annoy you.

kudos to you for asking in lowyat forum, i believe you will get many valuable info and input here.

David 2017


David, ur tongheung... maybe u could enlighten him a little lol

This post has been edited by tky1993: Aug 1 2018, 03:43 PM