Comments on: Likas Continue To Shine

By: james@JC

james@JC — Thu, 16 Sep 2010 15:04:02 +0000

HI CK,
This ah YONG must be foreigner la,bring him to sipitang durian farm ,let him sit there …i believe he will un10 your meaning….hahahahasha

By: yong

yong — Fri, 03 Sep 2010 15:03:20 +0000

>?? wait for durian to fall?

By: CKWong

CKWong — Fri, 03 Sep 2010 02:53:05 +0000

HI,
There is no different whether you renew the tenure or the land owner renew. Alot of Kg owner are running out of cash that why you can wait for durian to fall.. I wont purpose properties within Bumiputra zoning. The value will be abit slow even though its a CL land..Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: joe

joe — Thu, 02 Sep 2010 11:19:17 +0000

Thanks CK, for including a ‘search’ into yr blog. I searched for likas, and your article came up. TQ.

Its residential land with 42 year lease. The house is a simple s/s kampung hse with vast land (8000sft). Nice I thought, after i do it up.
Next the pricing. Would it be fair to ask the seller to absorb the cost of renewing the lease title? If he does, it will be great.
If he does not, then can I say I am buying the house at the current price of 400k + cost of renewing the lease ( about 100k) ie 500k. I am confused now. What are your views>? Is it worth it?
If 500k for the same property, at todays value, is pricey. Same area land is sellin at rm28psft, terrace intermediate d/s 380k.

By: CKWong

CKWong — Mon, 30 Aug 2010 18:43:31 +0000

HI,
Is that worth it? Residential or industrial? At the end of the day its all depend whether is it worth for you to buy it. Happy Investing.

You cannot Grow Land..CK Wong & MYDAD

By: joe

joe — Mon, 30 Aug 2010 12:36:06 +0000

What are the issues we need to look for / be aware when buying leasehold properties, below 50 years?

By: CKWong

CKWong — Sun, 29 Aug 2010 06:55:09 +0000

HI,
Previously rental yield for commercial in KK is around 7% but lately I think it drop to around 4%. Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: CKWong

CKWong — Sun, 29 Aug 2010 06:53:09 +0000

HI,
I have no idea, Pls find out and let me know. Happy Investing

You cannot Grow Land..CK Wong & MY DAD

By: chin

chin — Sun, 29 Aug 2010 03:08:03 +0000

wat is the estimated lease remain for gaya/pantai/kg air area

By: chin

chin — Sun, 29 Aug 2010 02:53:10 +0000

yes, think gaya st,as you can see how jubilee is transfromed by mr tan. continue cos is the Banking Hub, and also new hotel cmg in where Nosmal ct was. Do you give value for jln pantai to jln Tugu kg air till high court round about. in mudah recently, 3.5M corner 5floor. you give value for this. corner sedco was sold 3.1M renovated hotel.
most these buyers are malaysians from brunei. what is the curnt yield for kk town.