Feb 2 2012, 04:17 PM
QUOTE(lucerne @ Feb 1 2012, 06:13 PM)
can west msian buy prop in east msia?
i plan to buy one and retire there in future.
heard east msia is more harmony than west msia. eg racial, religion etc
which town is the best?
I like KK coz there is intl airport.
is it true i must marry a local east msian to own a house or reside there?
Why not? You are a Malaysian. Unless you are thinking of NT (native title) or NCR (Native Customary Rights) which is the equivalent of our Malay Reserve in West Malaysia. But land offices in Sarawak are easier to deal with than Sabah than West Malaysia. i plan to buy one and retire there in future.
heard east msia is more harmony than west msia. eg racial, religion etc
which town is the best?
I like KK coz there is intl airport.
is it true i must marry a local east msian to own a house or reside there?
Added on February 2, 2012, 4:19 pm
QUOTE(edyek @ May 17 2011, 02:52 PM)
Sabah property escalating price is geared by those oil palm estate owners and foreigners.
Not forgetting those Sabah Native selling their ancestor land to the developer over price, thus contributing high land cost to new development.
Apartments development are getting more and more these days due to rural people coming in to reside in Kota Kinabalu, and other than buying low cost house their only choice is apartment.
If one intends to go for cash flow, buy apartments. Medium cost apartment gives good cash flow.
For appreciation purpose, buy terrace house with good or potential locality.
Sabah has interesting development guidelines as compared with West Malaysia. There is no one single massive developer of thousands of acres developing new town ship there simply because most of the land nearing town areas are just smaller pieces. The biggest factor in making houses expensive there is the building material. It is way too expensive when compared to the west.Not forgetting those Sabah Native selling their ancestor land to the developer over price, thus contributing high land cost to new development.
Apartments development are getting more and more these days due to rural people coming in to reside in Kota Kinabalu, and other than buying low cost house their only choice is apartment.
If one intends to go for cash flow, buy apartments. Medium cost apartment gives good cash flow.
For appreciation purpose, buy terrace house with good or potential locality.
This post has been edited by michaellee: Feb 2 2012, 04:19 PM
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