TRX serviced Apartment worth to invest?, RM 2k psf, is this a good investment
TRX serviced Apartment worth to invest?, RM 2k psf, is this a good investment
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Feb 25 2024, 10:56 AM
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Junior Member
222 posts Joined: Nov 2021 |
Harlo agent , BBCC serviced apartment upcar , staff also rugi becoz below staff price now
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Feb 25 2024, 11:11 AM
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#22
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Junior Member
649 posts Joined: Jan 2003 From: KL |
QUOTE(Aldo-Kirosu @ Feb 25 2024, 10:51 AM) It's total different segment from klang Valley & Malaysia market. But as local I will said its not, but at international view and open market compare to other country then I will say it likely worth especially Malaysia currency is very low now. Overseas buyer don't have access to other better deals available to locals meh 🤦 |
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Feb 25 2024, 12:12 PM
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Senior Member
2,834 posts Joined: Dec 2020 |
QUOTE(hedfi @ Feb 25 2024, 11:11 AM) They have to buy above 1 mill. Most of the good value deals are below this price point as it is also at locals affordability.Yea there are still decent deals at the 1 mill mark but more often than not they are actively sold to by SAs for overhang stock and don’t understand some of the nuance in the local market. |
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Feb 25 2024, 01:16 PM
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#24
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Senior Member
3,969 posts Joined: Nov 2016 |
more like targeting to foreigners....
but biggest question.. they would buy or not?? because what I know... many who buy, always buy in Penang, Melaka or even in JB... esp Singaporean |
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Feb 25 2024, 03:44 PM
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Senior Member
2,834 posts Joined: Dec 2020 |
QUOTE(theevilman1909 @ Feb 25 2024, 01:16 PM) more like targeting to foreigners.... If they dig a bit deeper than the truth comes out. High end property prices have stalled since 2018, the rental market in that category is very limited and the immigration policies are roti canai. So low confidence and we haven’t even looked at macro factors like uncertain politics as well as supply + demand factors.but biggest question.. they would buy or not?? because what I know... many who buy, always buy in Penang, Melaka or even in JB... esp Singaporean |
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Feb 25 2024, 05:47 PM
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#26
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Senior Member
3,969 posts Joined: Nov 2016 |
QUOTE(Cavatzu @ Feb 25 2024, 03:44 PM) If they dig a bit deeper than the truth comes out. High end property prices have stalled since 2018, the rental market in that category is very limited and the immigration policies are roti canai. So low confidence and we haven’t even looked at macro factors like uncertain politics as well as supply + demand factors. bingo expats market stagnation from before covid19 & gotten worse after |
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Feb 25 2024, 06:38 PM
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Senior Member
2,834 posts Joined: Dec 2020 |
QUOTE(theevilman1909 @ Feb 25 2024, 05:47 PM) They can’t conceive or understand why our property prices have remained stagnant when on paper Malaysia is a very nice affordable country to live in with great infrastructure. Most OECD countries have seen property prices and rents go up by 30-50% after pandemic (your typical migration hotspots). |
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Feb 25 2024, 07:03 PM
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Senior Member
1,184 posts Joined: May 2005 |
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Feb 26 2024, 11:18 PM
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Senior Member
2,145 posts Joined: Jan 2013 |
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Feb 27 2024, 07:22 AM
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Senior Member
1,102 posts Joined: Dec 2016 |
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Feb 27 2024, 12:11 PM
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Senior Member
1,184 posts Joined: May 2005 |
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Mar 2 2024, 08:44 PM
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Junior Member
646 posts Joined: Jan 2023 |
Not to invest. Purely trophy property to show off like Pavilion Suites
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Mar 3 2024, 09:52 AM
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#33
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All Stars
12,529 posts Joined: Feb 2013 |
QUOTE(Aldo-Kirosu @ Feb 24 2024, 08:51 PM) It's total different segment from klang Valley & Malaysia market. But as local I will said its not, but at international view and open market compare to other country then I will say it likely worth especially Malaysia currency is very low now. If locals won't buy a property just sell to foreigner and use all the buzzwordCheaper than Singapore HK new York etc. |
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