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

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

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

No gardening... hate gardening... LOL

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

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%.

Thanks for the link!

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

Sorry, my original post was not well written and misleading. I have set aside money for living, insurance, car, traveling, etc.

1.5M is purely for buying a property for investment or living. As I am not sure when exactly I will move here, I am open to places for investment or living.

Comparing with HK, Malaysia is a very good place for retirement to HK people:
1. cheaper living cost and housng
2. Cantonese or English speaking
3. Easy MM2H requirements
4. Close to HK
5. British systems
6. Warm weather

Of course, there are disadvantages. However, there are disadvantages in all places. The key disadvantages to HK people are:
1. Crime
2. Race-biased government policy

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

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!

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

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

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


I also like the Desa Parkcity. They will have two new projects right next to the lake next year.

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?

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?

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.