Comments on: Win-Win Property in Kota Kinabalu

By: joe

joe — Fri, 20 Aug 2010 07:12:53 +0000

Platinum putatan apt., too crowded. 5 blocks of 11 storey each. Each floor 40 units, if i am not wrong. You will be competing to rent out yr units… just like cyber city, country heights, melinsung bay apts.

By: CKWong

CKWong — Thu, 19 Aug 2010 02:07:49 +0000

Hi,
Ok if you want to rent for around RM800-RM1000. Easy to rent and within affordable area. Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: Ana

Ana — Thu, 19 Aug 2010 01:31:29 +0000

Hai CK,
what do you think about putatan platinum apartment? is it worth to buy a medium cost apartment with price 160k – 200k at that area?

By: Yu

Yu — Tue, 10 Aug 2010 07:17:15 +0000

Hi CK,

Thanks a lot for all your comments about property. I have started to learn more from your site.
Read your comment on the GraveVille. What about Grace Court Apt? The location is 3rd Floor, selling price is RM185,000. Is it good to invest? Thanks.

By: SK

SK — Tue, 10 Aug 2010 06:35:59 +0000

I came across news that the prices of residential properties will rise 10-20% over the next six months because of cost and inflationary pressures. Real Estate and Housing Developers’ Association Malaysia president Datuk Michael K.C. Yam said “The current housing market is simmering. There is no boom or bust, but property prices will rise. The increase will be in high-rise and landed properties in all price categories across Malaysia,” At the same time, locally due to the shortage of sand and logistics / transportation costs, this will put more upward pressure on property prices. Currently, our sand supply is sourced from East Coast, Kinabatangan river and even Indonesia. The areas with the most growth potential in KK now are Likas and Tanjung Aru areas – due to matured surroundings and limited tracts of vacant land for further development. If you can find good buys at this areas now, it will be a good investment as when the new launchings are announced, they will set a new pricing benchmark. Note also proposed developments in these two prime areas are high-rise buildings because land cost had already push developers to this trend and this is the only way to re-coup their construction costs.

By: CKWong

CKWong — Mon, 09 Aug 2010 17:51:11 +0000

HI,
What is the entry prices? The location is good but if the purchase price is too high, this will affect your rental yield. Don’t purchase highest floor as its not easy to rent it. Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: New Investor

New Investor — Mon, 09 Aug 2010 13:26:27 +0000

Hi CK,

What is your opinion on grace garden / graceville. seem to be in a good location and good rental returns. also noticed a lot of foreigners now at the grace point food centre, probably residents at grace garden. Would that be a good investment as well?

New Investor

By: CKWong

CKWong — Sun, 25 Jul 2010 19:53:38 +0000

HI,
I still prefer KK area apartment and condo. You can budget around RM220k as the appreciation and rental yield is more stable. Lokawi market is still very young. Happy Investing.

You cannot Grow Land..CK Wong & MY DAD

By: Ceroi

Ceroi — Sun, 25 Jul 2010 01:28:58 +0000

Hi Ck,
how about lok kawi area?Sri maya apartment,price rm170k 1000sqft.
Next 5 years,plan to rent or sale.what is ur opinion

By: CKWong

CKWong — Thu, 22 Jul 2010 08:46:19 +0000

HI,
I cannot assure you which one will be appreciate higher in terms of the value..but I think both also will have good opportunity to make money. Happy Investing.

You cannot Grow Land..CK Wong & MY DAD