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 What to buy with 1.5M?

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woolei
post Aug 1 2018, 04:17 PM

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QUOTE(k3nji @ Aug 1 2018, 07:49 AM)
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..
*
don't yam him...
those low cost walk up apartment in puchong having a hard time to rent out...
for example my downstair neighbour house has been vacant for almost a year still unable to rent out/ get buyer.

collect rent in Malaysia also is a problem if rent to a bad tenant.
kbandito
post Aug 1 2018, 04:56 PM

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With a RM1.5 mil budget - You can get most >1,600 sf double storey terrace house in Kuala Lumpur (RM1 mil threshold) with RM1,000,000, and spend RM500,000 into renovation and make it your castle.

However if you really mind about security, you can get a 1,300 sf condo in One Central Park @ Desa ParkCity with RM1.5 mil, overlooking the beautiful lake.
TSbeleebala
post Aug 1 2018, 05:14 PM

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QUOTE(Mrkoala @ Aug 1 2018, 02:23 PM)

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.

*
Thanks for your advice. Is there a crash course for the short hands? bangwall.gif


QUOTE(kbandito @ Aug 1 2018, 03:56 PM)
However if you really mind about security, you can get a 1,300 sf condo in One Central Park @ Desa ParkCity with RM1.5 mil, overlooking the beautiful lake.
*
I also like the Desa Parkcity. They will have two new projects right next to the lake next year.
HELLO HELLO
post Aug 1 2018, 05:28 PM

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QUOTE(beleebala @ Aug 1 2018, 05:14 PM)
Thanks for your advice. Is there a crash course for the short hands?  bangwall.gif
I also like the Desa Parkcity. They will have two new projects right next to the lake next year.
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Dcp ok to look for especially if you like pets.

But buy condo at mk area can almost sure burn hand. I knew few foreigner already burn hand liao. Plenty Supply keep pumping in this area. Think twice.

If you like condo living and less dense surrounding, Better look for bangsar or damansara height area. Demand is there. + lrt and mrt is connect to here

If want landed with the budget you have. Better go 6c6c at Cheras, seri kemabgan and serdang area. Next boom boom area.

This post has been edited by HELLO HELLO: Aug 1 2018, 05:31 PM
propertymart
post Aug 1 2018, 08:59 PM

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QUOTE(beleebala @ Jul 31 2018, 02:46 PM)
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

notworthy.gif New to KL. Your suggestions and info would be much appreciated.
*
Listen to your heart as Ang Mo says
At least u won’t regret buying it

People who have at least 2mil above net worth know what they wan,
just pening too many choices . brows.gif biggrin.gif
Relax a bit.... laugh.gif buy Wilayah area lah bro...... KL always d best... city is the best always
foreigner can buy for 1mil, when u see H.K. , Taiwan , property that near to city is the best

This post has been edited by propertymart: Aug 1 2018, 09:40 PM
k3nji
post Aug 1 2018, 09:10 PM

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QUOTE(woolei @ Aug 1 2018, 04:17 PM)
don't yam him...
those low cost walk up apartment in puchong having a hard time to rent out...
for example my downstair neighbour house has been vacant for almost a year still unable to rent out/ get buyer.

collect rent in Malaysia also is a problem if rent to a bad tenant.
*
Search for higher market demand. At Subang got lot of demand especially those near Subang airport. Can easily got tenant meh😃
propertymart
post Aug 1 2018, 09:14 PM

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QUOTE(k3nji @ Aug 1 2018, 09:10 PM)
Search for higher market demand. At Subang got lot of demand especially those near Subang airport. Can easily got tenant meh😃
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You can target air stewardess n people work at airport only because surrounding is more industry and housing area, target those property that nearby KL city would be more reasonable and accessible to both foreigners (expat MM2H) , local and cooperate people’s smile.gif
propertymart
post Aug 1 2018, 09:21 PM

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TS,

I like to read his post always, there is some meaningful article I found
Hope it will helps u on understanding malaysia property
(PS , I m not his friend or whatsoever , just a 好心aunty person willing share some info) hehehe wink.gif , because I love reading honest review articles, not those blow until ceiling upside down , sorry for my bad English rclxub.gif


https://m.facebook.com/drvictorgan/

You may google , the edge property too, it’s a more cooperate property column smile.gif

https://www.edgeprop.my

This post has been edited by propertymart: Aug 1 2018, 09:27 PM
sosobear
post Aug 1 2018, 10:10 PM

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QUOTE(beleebala @ Aug 1 2018, 12:11 PM)
What are the good areas for gated and guarded? Any project names? Thanks.
*
Hi beleebala,

If you enjoy golfing, maybe can consider Bukit Jalil or TTDI. There is a golf course in Bukit Jalil itself.
Nearest golf course to TTDI would be KLGCC (forgot new name) Tropicana golf course. Both about 15mins drive maybe.

Other area in my mind would be Taman Desa or Seputeh. It’s not too distant from Bangsar actually. Driving to Mid Valley takes about 5mins.

For city living, klcc area. I find the price of bukit bintang development absurd, make klcc secondary market a bargain. Many hk expat live around Hampshire (5 mins walk to klcc). For new development - Aria@KLCC which is next to Singapore embassy.

Desa Parkcity. Slow pace and many green. You can check some unsold unit for Westside 3 at developer sales office.
ManutdGiggs
post Aug 1 2018, 10:45 PM

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For dpc with 1.5m budget I would suggest landed lo

Nego gao gao for pool front Adora maybe can get 1.5m

Gd luck dide
Win Win Inspiration
post Aug 1 2018, 10:57 PM

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QUOTE(sosobear @ Aug 1 2018, 10:10 PM)
Hi beleebala,

If you enjoy golfing, maybe can consider Bukit Jalil or TTDI. There is a golf course in Bukit Jalil itself.
Nearest golf course to TTDI would be KLGCC (forgot new name) Tropicana golf course. Both about 15mins drive maybe.

Other area in my mind would be Taman Desa or Seputeh. It’s not too distant from Bangsar actually. Driving to Mid Valley takes about 5mins.

For city living, klcc area. I find the price of bukit bintang development absurd, make klcc secondary market a bargain. Many hk expat live around Hampshire (5 mins walk to klcc). For new development - Aria@KLCC which is next to Singapore embassy.

Desa Parkcity. Slow pace and many green. You can check some unsold unit for Westside 3 at developer sales office.
*
Very good and detailed info sharing!

TSbeleebala
post Aug 2 2018, 02:45 PM

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QUOTE(sosobear @ Aug 1 2018, 09:10 PM)
Hi beleebala,

If you enjoy golfing, maybe can consider Bukit Jalil or TTDI. There is a golf course in Bukit Jalil itself.
Nearest golf course to TTDI would be KLGCC (forgot new name) Tropicana golf course. Both about 15mins drive maybe.

Other area in my mind would be Taman Desa or Seputeh. It’s not too distant from Bangsar actually. Driving to Mid Valley takes about 5mins.

For city living, klcc area. I find the price of bukit bintang development absurd, make klcc secondary market a bargain. Many hk expat live around Hampshire (5 mins walk to klcc). For new development - Aria@KLCC which is next to Singapore embassy.

Desa Parkcity. Slow pace and many green. You can check some unsold unit for Westside 3 at developer sales office.
*
Good ideas. I have already visited the sales office for Westside. They are currently selling South Brook and some remaining units at the Westside 3.

What do you guys think about Bangsar South?
aaron1717
post Aug 2 2018, 02:56 PM

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QUOTE(beleebala @ Aug 2 2018, 02:45 PM)
Good ideas. I have already visited the sales office for Westside. They are currently selling South Brook and some remaining units at the Westside 3.

What do you guys think about Bangsar South?
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if you chose a good project... well connected and very convenient up and coming city center at the south... more and more MNC going in... but its a concrete jungle la... definitely not those semi-retired scene there... alot more expats around there as well... but malls and good eateries are within reach....
HELLO HELLO
post Aug 2 2018, 03:27 PM

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QUOTE(beleebala @ Aug 2 2018, 02:45 PM)
Good ideas. I have already visited the sales office for Westside. They are currently selling South Brook and some remaining units at the Westside 3.

What do you guys think about Bangsar South?
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DPC is abit secluded located at the edge of north kl area. Kiaptong area. Within DPC itself is nice township. Not outside.

Bangsar south more center of whole klang valley area. Especially kl area. Near to mature and weathy township bangsar, seputeh Midvalley and PJ. Lrt train connected.
Almost no toll road. And easy access to highway. The area Just may become concentrate jungle. Another jialat MK

If got budget better go for bangsar (real bangsar). But not bangsar south. Bangsar south is just a bangsar wanna be.

This post has been edited by HELLO HELLO: Aug 2 2018, 03:31 PM
BEANCOUNTER
post Aug 2 2018, 07:50 PM

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QUOTE(aaron1717 @ Aug 2 2018, 02:56 PM)
if you chose a good project... well connected and very convenient up and coming city center at the south... more and more MNC going in... but its a concrete jungle la... definitely not those semi-retired scene there... alot more expats around there as well... but malls and good eateries are within reach....
*
TS is from hong kong.

Born with living in concrete jungle lah....

Perhaps TS should let us know

1. What environment you are looking for.
2. How you would like to drive for groceries food and etc
3. How important is public transporr system
4. How you like to live within the city, kuala lumpur
5. Is walking distance to chinese eateries a must or non important
sosobear
post Aug 2 2018, 11:49 PM

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QUOTE(beleebala @ Aug 2 2018, 02:45 PM)
Good ideas. I have already visited the sales office for Westside. They are currently selling South Brook and some remaining units at the Westside 3.

What do you guys think about Bangsar South?
*
Bangsar South is a ict hub. I feel it’s not a nice place for retirement. But rental is much easy as there are plenty working class expat here from IT field. For own stay my choice of condo is Centrio (ytl) or Andalucia.

The rest of the UOA condos are badly executed with all sharing similarities in terms of design and cheap material used - can consider invest if low entry but don’t expect executive level in your tenant profile. I think at majority are working class expats.

This post has been edited by sosobear: Aug 3 2018, 12:21 AM
jo8981
post Aug 3 2018, 04:48 PM

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QUOTE(sosobear @ Aug 2 2018, 11:49 PM)
Bangsar South is a ict hub. I feel it’s not a nice place for retirement. But rental is much easy as there are plenty working class expat here from IT field. For own stay my choice of condo is Centrio (ytl) or Andalucia.

The rest of the UOA condos are badly executed with all sharing similarities in terms of design and cheap material used - can consider invest if low entry but don’t expect executive level in your tenant profile. I think at majority are working class expats.
*
I like your condo suggestions. Centrio is really nice with their Duplex and triplex concepts but for retirement personally I would avoid stairs... Andalucia would be my preference as it is low density and has large built up sizes.

IJM also has some new offerings TS can consider which is Inwood & Secoya at Pantai Sentral Park just 5 minutes away from Bangsar South. It's more peaceful with fresh air from the forest on that side. Better for retirement than the offices part which is forever congested.
sosobear
post Aug 3 2018, 04:51 PM

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QUOTE(jo8981 @ Aug 3 2018, 04:48 PM)
I like your condo suggestions. Centrio is really nice with their Duplex and triplex concepts but for retirement personally I would avoid stairs... Andalucia would be my preference as it is low density and has large built up sizes.

IJM also has some new offerings TS can consider which is Inwood & Secoya at Pantai Sentral Park just 5 minutes away from Bangsar South. It's more peaceful with fresh air from the forest on that side. Better for retirement than the offices part which is forever congested.
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Yes you’re right. Havent thought of stairs 😅
TSbeleebala
post Sep 1 2018, 09:41 AM

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What do you guys think about Kenny Hills? I note that it is very low density, good location but the price per square feet is rather low comparing with all the other hot locations. Why is it not hot?
TSbeleebala
post Sep 1 2018, 09:50 AM

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QUOTE(BEANCOUNTER @ Aug 2 2018, 06:50 PM)
TS is from hong kong.

Born with living in concrete jungle lah....

Perhaps TS should let us know

1. What environment you are looking for.
2. How you would like to drive for groceries food and etc
3. How important is public transporr system
4. How you like to live within the city, kuala lumpur
5. Is walking distance to chinese eateries a must or non important
*
Good questions. I am asking myself these questions as well.

1. Close to city but not as crowded as MK.
2. Driving no problem
3. This one I don't know as I don't know KL well enough. Can you live with just public transportation in KL? We can (have to) do that in HK.
4. I am ok with city but again, just not as dense as in MK.
5. Driving is OK

I am looking into semi-retirement, but I am still in my 40's so I still want to do a lot of activities.

Thanks guys for your advice.


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