Comments on: Rules of 80/20 – Property VS Job

By: CKWong

CKWong — Tue, 27 Apr 2010 11:10:58 +0000

HI,
Telipok take abit more time to really matured. Look at previous Likas Mart shoplot now taking over by Giant Supermarket. It has been there for more than 10 years..Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: Yong

Yong — Tue, 27 Apr 2010 09:04:16 +0000

Hi CK, what do you think about the newly launch Telipok Ria Shoplot? In term of ROI dan capital appreciation?thks

By: CKWong

CKWong — Mon, 19 Apr 2010 11:00:35 +0000

Hi Joe,
Why not you wait till the title out first before you buy? Let see what will happen?But my question are you afford to wait? Its a legal document that bank accept as collaterale. so why so worry about the title? I never hope our Shareda fighting more good things for us. They are profitable company..so whatever happen in the world..please take care of your own rice bowl. No body going to help you on this!! Happy Investing.

You cannot Grow Land..CK Wong & M Y DAD

By: joe

joe — Sat, 17 Apr 2010 10:25:38 +0000

So people who wants to buy “space in the air” in the form of an apartment unit / condominium, be aware that the strata titles will take YEARS to be issued.
Until today, api2 apartments has NO STRATA TITLE. The same goes for all the other apartment/ condominium units in kota kinabalu. When i tried to clarify , the answer i got was, ” KK’s is like that, it will take years/decades for the strata to come out”.

By: selvam

selvam — Sat, 17 Apr 2010 08:39:29 +0000

Do you think SHAREEDA really going to fight for us? It’s president is Dtk Susan Wong who is also a developer and i’m sure she is making tons of money from this deal…

By: CKWong

CKWong — Fri, 16 Apr 2010 22:33:31 +0000

Hi,
There problem with KK land office is that they need at least 15yrs to finalise their land title. And the worst developer are not taking subdivision job seriously as issuing Letter of Consent its their income whenever you sold your properties. So that why they prefer to do it slowly. Hope over time our SHAREDA will fight for us..Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: joe

joe — Fri, 16 Apr 2010 18:52:14 +0000

Many of the condominium units in KL are managed by the tenant committee themselves. This is a great way to upkeep and maintain the entire condominium unit plus surroundings.
We have yet to see this trend catching on in KK. Perhaps in the next few years, KK condominiums will have its own tenants as the management team.

By: CKWong

CKWong — Thu, 15 Apr 2010 20:12:03 +0000

HI,
Thank you for your sharing. Its true that top floor at all time having such problem. Sometime management will not really manage well for you. Happy Investing. You cannot Grow Land..CK Wong & MY DAD

By: GK

GK — Thu, 15 Apr 2010 12:58:38 +0000

Make sure the ceiling/roofing is not leaking!! as management hardly re-do the whole roofing works if funding not adequate..

Just to share ..
BTW, fellow property investors..
“fighting!”

By: CKWong

CKWong — Thu, 15 Apr 2010 10:52:30 +0000

HI,
The problem with higher floor is that the appreciation going to be slower compare to the lower unit. Not only that the rental yield also expected to be below average as “lazy” people getting more and more including myself. Last 3 year Indah court is selling around RM150K-RM170K. That time the rental yield is around RM800-RM1200 depending on furniture and condition of the unit. But today if you purchase it for RM220K the rental is expected to be around RM1200-RM1350 only. Like I say previously coming new condo or apartment project with unit size more than 1000sf is expected to be sell for not less than RM300K. So Indah court still better bet compare to new development area looking at its surrounding which consist of 70% of schools in KK. So make your wise decision. Happy Investing.

You cannot Grow Land..CK Wong & MY DAD