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Investment Where to invest for landed properties?, below 1M. when & where?

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TSlainux
post Mar 9 2009, 10:54 PM, updated 17y ago

On my way
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Senior Member
650 posts

Joined: Nov 2006


There are many threads that talk about condo investment. I would like to open one for the landed properties investment. Lets discuss about it.

I am particularly interested in Bangsar & TTDI areas. However, the prices do not seem to drop much.

How do one go ahead and invest in landed? Do you buy, reno then sell? Or buy, rent it out, then sell when the price goes up? Your 2cents are much appreciated.
TSlainux
post Mar 12 2009, 01:08 AM

On my way
****
Senior Member
650 posts

Joined: Nov 2006


QUOTE(suiteng @ Mar 11 2009, 04:32 PM)
I'm not really comfortable in revealing the exact location but below is the specs smile.gif

2.5 storey semi-d, freehold, bu 3.4k sqft, the 0.5 storey is "created". Fully renovated and furnished. +- 1mil

Property was "sponsored" by my god-dad. Rental now should be around 10k but the japanese guy had been living there since my god-dad's passing so I just let him be.
*
I guess you are retired now w/ that semi-d!

Is the 1M current market price? If that is the case, then it is a good investment! do most semi-d over there fetch the same or higher price? Your 1M includes the reno & furn?

Anymore of god-dad like that to recommend? rclxm9.gif

 

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