OKR / Kuchai / OUG areas are very prime areas these days. Same goes for Taman Desa and most other housing estates between Mid Valley and the junction to Jalan Templer. Lack of LRT connectivity did not put a single dent on the demand.

I had a single storey corner lot in that area up until I moved out of it earlier this year and put it on the market. It had a 1.5 storey extension, 9ft tall fence, double lot land and modernised using modern British standards. It sold after 2 months of being on the market at very near the asking price, discounted by a cashback to the buyer for the MOT and they took a full loan. They bought it because they had 2 big dogs and the bloke enjoyed his gardening.

As for condos, earlier this year I decided to sell off all properties I owned that was more than 10 years old, not in an expatriate neighbourhood or in a neighbourhood that we no longer wanted to invest in. 7 units of 3 bedroom 1200-1900sf condos. When I mentioned to the tenants that I was selling it, 3 offered to buy it off me, I told them to make an offer and accepted. 2 were purchased by investors within 2 months. Now only 1 remains unsold though I do have a booking on it, just no SPA yet.

Landed houses, it depends. Some can take forever to sell even in prime areas. However 4-8 months is considered fairly normal in today's economic climate.


Those are some really ancient condos you are looking into.

I hope you are not that Aussie that came by to my former unit and tried to lowball me

Older Bangsar condos have been on the decline as many of them are tired old buildings and in need of major repairs, also many have sinking funds that are broke. Values have mostly flat lined but difficult to get any real bargains. Most that own them have strong holding power.

Landed houses, their values have mostly been stagnant. RM1.6m for a terrace? You could have bought one for that type of money over the last 3 years though you would be looking into RM400k to fix it. Anything in nicer condition you would need to pay closer to RM2m for it.

All condos in Bangsar other than Serai and Nadi are starting to age.

If you want to buy a RM1m property and make some money renting it out the only one that right now is delivering is Nadi Bangsar, RM540k when new can rent for around RM2.5k for a 450sf studio.

Worth buying into if you don't need a lot of space as they do have larger units as well.

Condos in Bangsar? RM600k would get you a 450sf studio. Can rent for around RM2.5k these days. Anything older you will get more space but lower rental yields. A good one is Bayu Angkasa as it is fairly well maintained for its age but rental rates are poor.

Personally if I have to travel all over the place then I would choose to live closer to OUG as it is easier to access all the major roads.

Good one to buy in OUG is Bukit OUG Condo if you want something cheap and don't mind it to be older.
Something newer would be Kiara Residence 1 & 2. Rental not that fantastic though.
Something more premium Z-Residence.

If you want something brand new, then PV Arena is a good one to consider. If you want bigger space The Como is one to consider as you do get lots of space for the money.

The other thing to consider is if you have children and will be needing access to SRJK©s the 3 places I mentioned at OUG is within the catchment area of one of the best SRJK©s there is in KL.

Another one worth considering with your budget is Sentral Suites at KL Sentral.


Most of the condos I sold off were sold because they passed the 10 years threshold. Most condos once it reaches that 10 years since VP it starts losing its value or any capital gains tend to be along the lines of keeping pace with inflation only. No matter how well you renovate it you won't be getting anything more out of it. Easier to cash out and buy something newer.

Both are freehold.

The ones that are leasehold are Bangsar Permai, Bangsar Indah and there is another one as well can’t recall the name now.

There is also the Zehn that is leasehold but average cost per unit >RM1m.

Those aren’t bad places to live though as most of them are better maintained than the older freehold ones.

Since you are nearing retirement am guessing you must be nearing 60? Land title issue would be your children and grandchildren problems to deal with.

Most expatriate pensioners tend to rent for a while before buying a place of their own.



Ah yes that’s the one that I forgot.

I used to own a house in Jalan Terasek, inherited it from my late granddad that bought it when it was new. Did you grow up on that horseshoe shaped street?

Might not be a bad idea to live in one of your own rather than buying a new place. Especially since you are unsure if retirement in KL is something definitely for you.



Yes sending and receiving big sums of money has been quite tedious of late.

BNM has become more stringent in vetting any overseas and even interbank transfers.

These people are best given a wide berth. Never know what else they would claim next.

I have generally stuck to the few tried and tested agents, one thing I always make sure if I am never in a position where I am in a hurry to sell.

It will depend on how you manage the property. If you have found in the past every year you have had a change of tenants then most likely the culprit for it was none other than the agent that you appointed to help you rent it out.