Comments on: Promising Likas

By: CKWong

CKWong — Sat, 13 Nov 2010 21:21:03 +0000

HI,
It should be around RM50 psf. Depending on the location of the land, size, CL&NT, Land tenure and shape of the land. Happy Investing.

You cannot Grow Land..CK Wong & MY RiCH DAD

By: mike

mike — Sat, 13 Nov 2010 13:43:12 +0000

what is the price for likas land , psf around kg. likas area. mosque area.

By: CKWong

CKWong — Thu, 11 Nov 2010 11:43:55 +0000

HI,
That bad news from you then..Sulaman highway has been busy since 1Borneo start operating..Tg Aru all the time was busy..Its good for my property nearby..Happy Investing.

You cannot Grow Land..CK Wong & MY RiCH DAD

By: Mr.K

Mr.K — Thu, 11 Nov 2010 11:15:34 +0000

Having a visit to KK yesterday and really missed the flight. From 1 Borneo to KKIA took 1 hours and 15 minutes. It is really ridiculous! I think the traffic management must be improved. First, all the roundabouts shall change it to traffic light. Second, terminate the contract by Global Upline at Tj Aru and get the more competent contractor. As TPK the advisor of Global Upline already sue for bankruptcy.

By: CKWong

CKWong — Thu, 11 Nov 2010 07:56:54 +0000

HI,
Very good question. So far I thnk the best person to talk to is SHAREDA. Happy Investing.

You cannot Grow Land..CK Wong & MY RiCH DAD

By: Santun

Santun — Thu, 11 Nov 2010 03:41:40 +0000

CK Wong, I want to ask you a question since you are very knowledgeable.

With all these bad safety concerns like in Colonades Condominium,what can be done to ensure safety of people? Colonnades is not the only building unsafe in KK.

I visited one unit belonging to a friend in Colonades and I can’t believe what I’m seeing. A part of the concrete ceiling just fell and almost killed a child. Some pieces are over 12 inches. When I go there now I always look at the ceiling.

Is it DBKK or JKR or what authority that is involved here? Can’t depend on management as they will cover up to keep prices up.

I know it is the same problem in Queen E Hospital and government decided to vacate it. But what happens in private condos? Does someone have to die first like in Highland Towers in Kuala Lumpur?

Where can we report such a problem? No one can tell me. Even engineers. I think there are many buildings in KK in such condition.

By: John

John — Tue, 26 Oct 2010 17:43:36 +0000

Concerned mother, Don’t move to Colonnades. I stayed for for 5 years. Nice location but horrible condition – leaking pipes everywhere, falling ceiling, cracking on walls, floor, spoilt paintings and much more.

It won’t appreciate even though the owners ask for 500K. No one is buying. My friend who used to rent to me can’t sell even after a year. I moved into Likas condo and I’m happy.

By: CKWong

CKWong — Sat, 23 Oct 2010 06:49:16 +0000

HI,
Long term repair and maintaince will cost you more. Think twice. I personally believe the risk is higher over the long term. Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: Concerned mother

Concerned mother — Fri, 22 Oct 2010 03:05:26 +0000

MY daughter is going to St Francis and I have been toying with idea to move to Colonades Condominium which is just opposite. I;m staying in Likas now. The prices are a bit high for an old condo but I can still accept that, as location is good. What worries me is reading about the bad condition and safety concerns. I don't want my investment to go down over the years. I may have to sell my Likas apartment which is slowly appreciating. Safety Concerns for Colonades Condominium

By: Chris

Chris — Mon, 18 Oct 2010 12:32:30 +0000

Hi CK,

Thanks so much for the info