Updated: 22 Feb 2011
Taken from http://www.skyscrapercity.com/showpost.php?p=69859813&postcount=3288
Example :
(14) = 14 storey, (10 + 12) = 10 storey + 12 storey (2 blocks of building), (8-10) = A mix number of 8 to 10 storey, (18 ot 3) = 18 storey on top of 3 storey, EST = Estimated, UNK = Unknown, TBA = To Be Added
Under construction
1 Sulaman (31 + 22 + 18)
Alam Damai (19 + 19 + 16)
Angkasa Apartment (12 blocks of 8-storey)
Bayshore Phase 3 (11)
City Hotel (12 + 12)
Cyber City Apartments 2 (TBA)
Cyber Square (TBA)
Damas 118 Plaza (3)
Hartamas Height (12)
Horizon Hotel (14)
Hotel = Sadong Jaya – Conversion
Kepayan Police Apartment (8 blocks of 10-storey) EST
KK City Waterfront (8ot6 + 8ot6)
KK Times Square Phase 2 (9 + 9 + 9 + 9 + 9)
One Place Mall (11)
Masterskill College Extension (4)
Metro Town – (8 blocks of 3-storey shops)
Natikar Hotel (12) – Conversion
Nuclear and Radiotherapy Medical Centre (9) EST
Nosmal Court Hotel (6) – Conversion
Pavilion Bundusan (3-storey shoplots)
Peak Vista Tower B (20)
Pintas Square (3-storey shoplots)
Puncak Luyang Tower B (9)
Putatan Platinum Apartment (12 + 12 + 12 + 12 + 12)
Queen Elizabeth Hospital 1 (12 + 12)
Queen Elizabeth Hospital 2 (9) – (Adding extra floor)
Sabah Cultural Building (4)
Sabah Art Gallery (4)
Sabah Medical Centre (11)
Shoplot (6) – Sadong Jaya
Shoplot – Infront Kingfisher Palm (6)
Shoplot – Beside Taman Bunga Raja (4)
South China Sea Place (11)
Surian Residence Condo (12 + 12)
Tiara Boutique Pool Villa (7)
University Condo Apartment 2 (TBA)
Wisma Kinsabina (4)
Wisma Pelajaran (11) EST
On Sale/Booking
8 Avenue (14)
Bay 21 Condo (28) EST
D’Vantage Condo (10)
Elements at Likas Condo (30)
ITCC (20 + 16 + 4)
Jade Residence Condo (15)
Jesselton Villa Condo (18)
KK Suites Hotel (15)
Legenda Saujana Apartment (7)
Millennium Residency Apartment (TBA)
Peak Vista Tower A Condo (28)
Puncak Menggatal Condo (9 blocks of 5-storey)
R55 Condo (25)
Signal Hill Residence Condo (17)
Taman Nelly Studio Condo (8)
Proposed/Planned
Aeropod (UNK)
Alam Bersatu Condo (20 + 20 + 16 + 16) EST
Bukit Padang Govt Hospital (600-800 beds)
C Park (30 + 4 + 4 + 3)
Condo – Bina Puri / Kepayan Ridge (100 unit)
Condo – Fine Landmark (2 blocks of 11-storey 160 unit)
Condo – IJM Land / Likas Hill (12 + 12) EST
Condo – New Age Portfolio (18 + 18 + 18)
Gleneagles Medical Centre (10)
Hotel – behind of Suria Sabah (15)
Jesselton Residences (28)
Kasigui Tower – Central Million Properties (9-storey 72 unit condo)
KK City Waterfront Phase 2 (12)
Kurnia Perdana Apartment Phase 2 (150 unit)
Peak SOHO Condo (15 + 12) EST
Puri Fantasi – CL Pertama Development (42 unit condo)
Riverside Condo – KK Land (UNK)
The Bay Residences Condo (20-30) EST
University Prime Condo (TBA)
Titijaya Sdn Bhd – 1. Mixed waterfront containing serviced apartments, shop-offices and a hotel / 2. Green residential enclave with bungalows and condominiums near Tun Fuad Stephen Park.
Pending/Halted/Unknown Status
Atkinson Tower (16)
Condo – Rafflesia Kurnia Sdn Bhd / Bukit Padang Hill (15 + 15 + 15 + 15) EST
Harbour City Phase 1B, 1C, 2, 3, 4, 5 (UNK)
Prima Condo – Improbuilt (UNK)
Jesselton Mall (14)
Jesselton Waterfront (UNK)
Jesselton Residences (UNK)
Kinabalu International Convention Centre (UNK)
Likas Indah – Rimdaya (40 + 22 + 20 + 6 + 5 + 3)
Pacific Parade (12ot3 + 12 + 12 + 12 + 12 + 10) EST
Existing/Current Buildings
1 Borneo (25ot3 + 25ot3 + 28 + 12 + 20 + 20 + 6 + 4)
Airport View Hotel (5) EST
Ang’s Hotel (5)
Api-Api Centre (9 + 9 + 9 + 9)
Bank Negara Malaysia (UNK)
Bayshore Condo Ph 1 & 2 (16 + 16 + 16)
Beverly Hotel (12)
Beverly Hills Apartment Ph 1 (15 blocks of 4-storey)
Beverly Hills Apartment Ph 2 (20 blocks of 4-storey)
Beverly Hills Apartment Ph 3 (24 blocks of 4-storey)
Beverly Hills Apartment Ph 5 (15 blocks of 4-storey)
Bundusan Villa Apartment (4 blocks of 5-storey)
Capital Hotel (11)
Casuarina Hotel (6)
Centre Point (11)
Century Hotel (6)
Cititel Express Hotel (12)
City Apartments (TBA)
Colonnades Condo (12 + 12 + 12)
Cyber City Apartments 1 (TBA)
Country Heights Apartments Ph 1 (15 blocks of 4-storey)
Country Heights Apartments Ph 2 (14 blocks of 4-storey)
Country Heights Apartments Ph 3 (13 blocks of 4-storey)
Daily Express Building (7)
Delta Heights Apartment (6 blocks of 5-storey)
Eden Heights Condo (16)
Fairway Mansion Condo (8)
Federal Government Administration Complex (7 + 7 + 4 + 5) EST
Federal Building – Old (7) EST
Gaya Centre Hotel (14)
Grace Court Apartment (TBA)
Habiba Suites (7)
Harbour City Phase 1A (6)
Hing Apartment (TBA)
Hing Tower Condo (11)
Hyatt Regency Hotel (15)
Indah Court Apartment (5 block of 4-storey)
Indra Sabak Building (12)
Jesselton Condo (15)
JKR Building (TBA)
Karamunsing Police HQ Apartment (11 + 11)
Karamunsing Capital (3)
Karamunsing Complex (13 + 13)
Kendara Court Apartment (9)
Kinabalu Daya Hotel (12 + 7)
King Park Hotel (14)
KK Times Square Phase 1 (6-8)
Kurnia Perdana Residence Apartment (12 + 12 + 12 + 12) EST
Lai Lai Hotel (7)
Land and Survey Department (10) EST
Le Meridien Hotel (12)
Likas Square Condotel (16)
Lintas Station (7)
Lucky Heights Condo (7) EST
Luyang State Library (8) EST
Luyang Plaza (3)
Malar Kinabalu Hotel (8)
Mandarin Hotel (8)
Marina Court Condo (13 + 13 + 13 + 13)
Mega Long (6)
Menara MAA (11)
Menara Khidmat (11)
Menara Petronas (10) EST
Menara Tun Mustapha (30)
Menara UMNO (12)
Nan Xing Hotel (TBA)
Nounton Apartment (TBA)
Pacific Sutera Hotel (12)
Pearl Tower Condo (15)
Pos Malaysia Building (12)
Public Jaya Apartment 1 (TBA)
Public Jaya Apartment 2 (TBA)
Puncak Luyang Tower A Condo (9)
Puteri Damai Condo (11)
Promenade Hotel (13)
Radiant Court Condo
Radiant Masoniette (TBA)
Radiant Tower A Condo(15)
Radiant Tower B Condo (15)
Rainfield Court Apartment (TBA)
Shangri-La Hotel (11)
Signal Hill Tower Condo (8)
Star City North (5)
Star City South (11)
Suria Sabah (9-13)
Takaful Building (10) EST
Taman Bakti Ikhlas Apartment (TBA)
Taman Ketiau Apartment (TBA)
Taman Penampang Apartment (TBA)
Taman Seri Borneo Condo (5)
Taman Wangsa Apartment (TBA)
Tang Dynasty Park Hotel (13)
Tanjung Aru Condo (8)
Tanjung Aru Plaza (TBA)
Tanjung Aru Shangri-La Beach Resort (7)
The Palace Hotel (9) EST
The Peak Condo (16)
University Apartments 1 (TBA)
University Apartments 2 (TBA)
University Condo Apartments 1 (10 blocks of 4-storey)
UMW Building (TBA)
Usia Building (TBA)
Waikiki Condo (15 + 15)
Warisan Square (6-12)
Wawasan Plaza (12 + 11 + 10)
Winner Hotel (9)
Wisma Bandaraya (15)
Wisma Anglican (9)
Wisma Budaya (7)
Wisma Damai Point (9)
Wisma Dang Bandang (12)
Wisma Dixon (6)
Wisma Fook Loi (11) EST
Wisma Great Eastern (12)
Wisma Innoprise (18) EST
Wisma Intiutama (5)
Wisma Jubilee (12)
Wisma LHDN (11)
Wisma Merdeka (13 + 14)
Wisma Muis (11 + 11)
Wisma Kosan (10 + 10)
Wisma KTS (13)
Wisma KWSP (10 + 10)
Wisma Pendidikan (12)
Wisma Perindustrian (19)
Wisma Perkasa (12)
Wisma Pertanian (9) EST
Wisma Prudential (5)
Wisma SESB (11)
Wisma Takada (5)
Wisma Tun Fuad (11 + 11 + 11)
Wisma TWB (8)
Wisma Yakim (12)
Yaho Hotel (5)
Related posts:
TNBC Motor Sdn. Bhd.
Lot 1, Neutron Point,
Jalan Lintas Khidmat,
Kolombong, 88300
Kota Kinabalu
Tel: 088-438000
Fax: 088-439000
{ 140 comments… read them below or add one }
Incredible information, thanks for sharing this.
hi Ck,
May i know what position you are holding in a bank? Is it Credit Processing Executive, Mortgage? I aspire to achieve part of your success ie purchasing properties. I’m from KL and just wish to know the path u’ve taken..
HI,
I’m not taking higher post in the bank. In fact I decline the manager post as I believe I can earn more for myself through property. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi,
Am looking at buying a condo in K.K. / Likas for investments. Someone recommended Bay Residences and Elements @ Likas. What are your thoughts and recommendations? Are the prices overpriced now and what’s the outlook for property gain?
Sophia
HI,
Certain condo has reach above the affordability. so careful investing needed but if you are loaded, its still a good market to enter as over the longer term property market still on the uptrend. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
i am intrested in kendara court at luyang, but i cant find latest information about it….if u have info about it, please e mail or reply my posting. thanks
Hi! I think Kendara court in Luyang is in bad shape as the mangament is burst. There is no management. The place is dark at night. Most people have moved out.
May I know who is the developer for Millenniium Residence Apartment?
Ya, that’s true. Only a few units of Kendara are occupied and tenants take their own risks. A plumber friend said there is no water supply – has to tap from neighbouring houses. It is a pity because the location is great but the entire block is not managed – cracks starting to show also.
Tips to earn RM100,000?
i want to rental shop at Luyang Plaza… May i Have any Information?
Thanks for the information about kendarra court luyang. then why dont have owner sell their unit there since the enviroment very worse. as i know, the management company no more…….bankrupt.
It is not selling vegetable. Are they going to lose 100k for that?.They still have to pay the mortgage.The developer from KL had run away. So when buying house or flat. Check on the developer.A lot of them register their co. with rgt 2.00 only. Too many freebie is dangerous.
What a shame. The location is so strategic. Very wasteful of our land. Why don’t the developer sell the management instead of running away? Or the residents refuse to pay management fees? Complicated.
Hi Vivian – phone contact for Luyang Plaza is: 233238.
Hi master CK,
Do you think buying undercon double storey terrace house, built up size 20ft x 32ft at Pulutan, Menggatal ( Taman Albion by Hiong Tiong group) or upcoming condo, built up size- 1020, 22 floor, 200+ units (by RA concept) in Millenium area will bring better capital appreciation upon completion? Both selling at rm370k. Which do you prefer?
Thanks for your opinion in advance.
HI,
I Will buy Taman Albion as the appreciatio are more stable. Furthermore population within this area is picking up and if you notice the traffic flow has increase tremendously lately. This indicating the area is coming…Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi everyone,
since we are talking about what we should know about properties, i think i should voice some of my displeasures and unhappy service which i hope many ppl here can avoid.
I experienced a very irresponsible and careless banker from Maybank when i bought my kk property.
Her name is Michelle and is a manager in the mortgage lending department. She was very helpful when giving service to us before we applied our loan.
However, after our loan is approved, she will not care about any other questions you have regarding the monthly instalment. She has caused alot of convenience for us, and we have paid extra insurance which we did not need. We were not notified. In the process of getting our refund, We always have problem talking to her because she always reply us she is very busy. However, she has not called us ever since! No follow up for our refund, no contact and no responsibility!!!
I hope people will choose a good banker, who not only offers good lending rates, but also good service. This applies for lawyers and agents!!
Hi TK,
may i know what type of extra insurances? thanks. Recently i just take a house loan from Maybank as well, the agent name is Patrick..seems ok but would appreicate if you can tell your story more
Dear all,
I had a bad experience with maybank too. I was told by the agents that theirs was flexible loan. However, later(after signing the agreement) I found out that I need to pay RM25 for each withdrawal. Second, regarding insurance. I was charged on fire insurance for an incomplete (maybe 30%) house property. When I approach them, they said it was stated in the agreement. Of course I admit is my mistake not to read it thoroughly but the bank must not cheat us. After complaining upto KL maybank only then they look into this matter.
I know her. Her service is very bad. I will never find her again if i want to loan another new house.
Talking about lawyer, have you seen a lawyer,who explain to you about the terms of the sale and purchase when you purchase a house/condo. Only a clerk will ask you to sign all the documents and if you ask question, they tell you it is a standard document.The lawyer fee is not cheap. When you visit a doctor, if a nurse/assistant attend to you, do you pay doctor fee or nurse fee?. Can you tell me which lawyer firm explain to the one who pay their fee? It seems it is a standard thing here where you not allow to see them.
House Agents are also that bad. If the tenant leave after three month.I have paid for the agent fee which is one month ie for the duration of one year. The agent refused to do anything. Who can I complain to?.
A number of bank officers think we will only buy one house in our life, so they are not bother. The one who give extra services will make it in this world. The lazy/arrogant one do not deserve to be rich. Never look down on people, you think can not buy a house. I was under their mercy 25 years ago. Nowaday, the story is different.
HI,
KK Moi you have bad experience anyway..but for your information I bet you will not want the lawyer explain one by one to you. I have experience that..Shelly Yap Lawyers (Ms Nancy), She is owesome, retired beautiful matured lady. I really admire her..as she really explain one by one expecting buyer/seller understand all in all. I really wanna vomit blood but anyway Thank you to her so much..Anyway legal fees are still negotiable this days depend on who you talk too. For banker, not all banker are like that..I’m definitely Not one of them:) Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Which bank u are working? Maybe one day I can look for u.
Hi CK,
Ms Nancy had retired already. I am interested to but Bumi land but I am not a Bumi. Any recommendation which lawyer should I look for?
Hi CK,
How about potential rental income yield/projection for these 2 different
Property?
Hi,
I cant project as both location are new and the maturity risk is not proven yet. Furthermore new properties normally you need to take extra 5 years risk compare to completed property. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi ck wong,
There is a new project (18 floor apartment with lift and indoor carpark) named KoUMS beside the constructing medical faculty ums and future university hospital within UMS. The WALKING distance of this apartment to this future university hospital is less than 5 minutes. The apartment size is about 850sq and the price is about 280k.
The agent told me KKM has taken 1/3 of the apartments. The project hasnt officially lauched but we already can buy via the UMS koperasi. I would like to ask your opinion whether this apartment is worth to invest or not because the price is not cheap? thanks.
HI,
Is this Angkasa Apartment? Where is the location? If they are selling for RM280K is abit expensive as the rental yield expected from student is not high ie 3 bedroom rent for RM 900/ per student is RM150/2 person per room. The appreciation would be abit slow. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi CK wong,
Thanks for reply. It is not Angkasa apartment. The KoUMS is within the UMS area, which beside the medical falcuty and future 8 storey university hospital UMS. The agents claim it’s good to target those doctors and other hospital stuff there later like hospital university UM, hospital university UKM.
I get these information from UMS koperasi.
Hi,
I didnt get such information yet but its possible. Since you have first hand information, might as well try explore more. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
I have 2 units for sale. Any takers?
Dear All,
As a normal Malaysian at 30, how much money (assets etc) should I have by now?
at least 300k.
hello joe…explain how
love this post!learn alot..thanks ck!by the way, any comments on University Prime Condo? thinking wanna get one
Hi Max,
Its only less than 530sf selling average of RM180K?? That is above RM300 psf. This might be good for rental collection but I’m doubt over the appreciation. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Yes, basically wanna buy to rent it out..arnd 6% p.a. rental yields..btw, recently I just bought 2 storey house at tmn donggongon for 250k..the house about 16 years old but love the location..house condition is great..whats ur opinion for this 2nd hand house?worth it? Thanks CK
Hi,
Read my previous articles..Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi CK,
How do you think of the new project 1likas? Heard its developed by 1borneo developer and has created alot of interest among foreign buyers. Do you think its a risk buying now given its an uncompleted project? People buy new uncompleted project units in Singapore and are able to sell them at big profit when its completed. I am skeptical towards new project launces in KK. Love to hear ur views.
DC
Hi,
What is you objective? Capital Appreciation? Rental?
If you are expecting appreciation..then how much?
If you are expecting rental yield..then what is the expected? Can they afford it?
Ask yourself more..why, what, where and who…Happy Investing.
Anyway I’m very skeptical about Singaporean purchaser..sound like they are so rich and elegant..of course I hope you are not.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi CK,
I understand some Singaporeans can be quite arrogant and cocky. They are like that because of the success of the development in their own country. Thus, when looking at KK, they feel that they are an upper class.
But when i look at KK, I feel relaxed and it offers me many things that Singapore cannot offer like scenery, peace and freedom. Thus Sabah is definitely a place i would consider retiring.
As an investor myself, i definitely want to see KK properties appreciate and go high up in the upcoming years. It is one of my wishes to see Sabah upgrade to a world class city in the future years. My only worry is Sabah is still under the Malaysian Government.
DC
Hi DC,
KK is a Wonderful place to live! i love KK too. fengsui in KK is amazing! infront got water behind got mountain!
Singaporean also have good people and bad people, Malaysia also have good people and bad people! dun simply comment lah!
Infact, the property market in KK or Singapore are control not only by supply and demand factor but also control by big syndicate, usually they are combination of banker and capitalists formed for the purpose of carrying out some big project requiring large resources capital. These big syndicate some times can manipulate the market price of some prime location by improving the infrastructure and surrounding amenities.
Hello CK,
I’m interested in buying an apartment at Tower A 1borneo for investment.
I read 1 unit is for sale at rm280k (2 rooms + 2 bathrooms) fully furnished.
Is this a good investment? I hope to rent it out after i buy it.
HI,
How much you expected to rent? Renovated or not? Who is your tenant? Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hello CK,
I expect to rent out at least for RM1500. Its renovated. Dont have tenant yet, as current use as his vacation home. Im hoping to rent it out to UMS staff/students.
In my personal opinion, If you are targeting UMS staffs or studetns to rent your property, 1borneo condo is not a good choice.
Why?Most UMS students are willing to pay <RM200/month for accommodation. They prefer to stay in Kingfisher because the UMS bus will go there to pick up the students everyday. They go local uni as they want to save money. RM1500 for 2 rooms is a bit burden for them.
So far, many UMS staffs stay in University apartments. Rental is only about RM800/month and every morning not need to wait for long U turn.
Hello investforfuture,
Thank you very much for your advice. It’s very valuable info to me.
I have few units and all rented out for over 1800.
hello joe,
joe, thats very good for you. may i know you rent out to what type of people? UMS staff? UMS students? or other professionals?
Ums contractors and 1borneo retail related staff.
hello joe,
Thank you very much! This is a very big help for me.
May i know who is the Developer for the Windrose Square at Jalan Pintas-Penampang because i am interested in this area. Also the new developement at the International Technology Commercial Center can invest? Thank you
HI,
Latest development belong to Malakun Holdings Sdn Bhd & Chang Cheng Reality S/B. I won’t invest as the prices is beyond my affordability so I dont analysize on it. Why not you done your research and convince me!!! Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi, I call up both but they are not in charge of this Windrose Square. Is it a commercial or residential and exactly where is it?
Hi,
Where is the actual location for the property? Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
the location of windrose square is around 300meter from grand millinium plaza..its on the left hand side if u cm from kobusak there..beside this windrose building u can c there r same semi-D/shop r underconstruction bt dnt know whose project is tat..bt i heard there il be 22 storey condominium jt behind dis semi-D
Dear Guru CK,
I wanna get a house loan. Which bank you would recommend?
I plan to loan RM220,000 (first home), the price of the house is RM277,000….30 years.
I am 30 years old now.
Please advise.
Thank you.
Marylenne Leong Pui Pui
HI,
Any bank also can. But can go back to your salary account bank..easy make payment. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
hi CK,
There is a new project condo apartment Puncal Menggatal, 950 sqf price about RM198000 3 bedrooms and 3 bathroom with lift and carpark..i would like to buy this for investment. What do you think? Is the apartment worth to invest?The place is in Menggatal. My target group will be the people live in menggatal. Do you think the market is good there?
HI,
Its cheap apartment around Menggatal area, but for the rental to pick up I believe you need to wait (3-5 yrs)as there is plenty of residential development in KK willl be focus at Menggatal to Telipok area. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
CK,
What do you think of the Jade Residence condo in Fung Yi Ting? Selling at about RM500 psf for less than 1500 sq feet. It is a 15 storey height sitting on the hill with 135 units. The other condo in that area is Element condo by Wah Mei not yet lunch. I heard is 20 storey with few hundre units.
HI,
I dont really confident anything above RM500 psf especially for investment. If for own stay it would be different story. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi Eddie and CK
What is your opinion on the upcoming 22 storeys condo behind the semi D ? Selling price from RM 350 per sq ft and above. Total 228 units and average unit size from 1030 sq ft and above. Access will be from Jln Nosoob.
Hi SF Wong
are u mentioning the condo by RA concept nearby lido area?
i dnt hv so detail of this project info..bt i know dis project tat time they r launching the kk suite at sutera harbour..the design quite nice and i like this condo is the 3 or 4 storey car park b4 the residences unit..i think in future dis kind of condo il become popular at kk.,dis il oso be the advantages and added value for the condo..
car park underneath the condo units is very common in KL & overseas where land is scarce. I prefer this kind of design too, seamless transition from car park to liftcore, shielded from sun & rain. On top of that it save land area because outside carpark reduced. I think the one & only existing condo in KK with such design is Waikiki, Tg Aru. Although it is consider old condo, the structure is still good and design can beat many new condo. Just my 20 cent opinion.
HI,
Every developer are coming with new concept of condo and design now. This will affect rental yield and appreciation in the future. Asset cla which Im reducing now unless its a matured area…I prefer to avoid. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
David
You are right. What’s your comment?
Hi SF Wong,
I don’t have any idea where is the location yet but from your comment on behind Semi D, could you include more details on the location?
For the price, it is consider average in the market now as RM350 per sq ft is about the same as other condos and the location and design of the condo would be a few factors that contribute to the current price
Does the condo have any multi-storey car park built below it?
Hi David
Well the land for the condo is just adjacent to the Semi D site actually, land size about 3.3 acres.
Current access to the land will be from Jln Nasoob Baru -> Jln Nasoob Hungab -> site. Currently developer plans to open an access directly from Jln Pintas highway but provided they could acquire the small parcel land in between Jln Pintas highway and the site. The chance is 50/50.
Yes, Ground floor until 3rd floor will be multi storey car park. And one of the selling point is each unit owner is entitled for 2 parking lot, unlike other existing condos.
Hope the above info can assist you.
hi..SF Wong,may i ask u..the land area only 3.3 acre only? from the google map i saw its quite huge land area..i think bigger than the semi D’s land..or this condo is just partially from the whole land area..in future there il have other development?
my opinion is the penampang by-pass area il be the booming area in future..this kind of condo il getting popular..i try to call the developer,the lady say nt yet launching bt they r eady to accept 10K as deposit under stakeholder..100% taken up..dnt know this is their strategic or real happening…
dnt know wat to say…everybody say property price very high..higher than KL,no money to buy or got money bt can affort,bt when asking developer than all unit r taken..txu!
HI,
Its seem like market is going to no way especially for undercons project. Last few week when I was having conversation with some of the local developer..even their project not launch yet they say 90%-100% sold..Im doubt over all this commitment. Anyway Be contious and Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi CK,
I know a developer friend of mine, use our name to get the project started, then later on ask me want to buy or not. Then later said all units taken up, but I asked another friend who knows the developer says there are still unsold units after completion for 2 months already.
Personally i tend to avoid under con properties because of the risk like uncomplete, interest, maturity risk etc. I would rather focus on completed tenanted properties even maybe the return might be lower but so is the risk.
Ryuken
hi ck, It sounds to me that from your recent posts and remarks that you’re less optimistic (although still positive) about the local property market. or I wrongly interpreted it? Do you think it is still a good time to invest in property?
Hi,
Property is the best asset over the longer term, ie 5 years and above..Market will continue to be uptrend just that certain asset will be abit slow as it does take time to absord it. Your portfolio will be different depend on your purpose, ie capital gain or rental portfolio. Some asset must be avoided as it does not contribute any growth into your portfolio or even drag your growth. So be aware. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
CK,
Is this the new IJM project next to Radiant Tower?
Grand Pavilion Residence
A new high rise condominium located in Likas prime area, Kota KInabalu, Sabah is now Open for Registration. It has 30 floors comprise of 126 units condo & 6 units penthouse. Luxury facilities, covered car parked & private lifts. The size from 2,000 sq.ft. to 5,000 sq.ft.
Price : RM 1 200 000, Size: 2100 sq.ft. Bedrooms: 3 ,Bathroom: 3
HI,
Its local developer not IJM Land..This project is located at Survey Likas. Personally its not my preferred location even though its at “LIKAS”. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Eddie,
Do you think this new condo is good for capital gain or rental portfolio?
Hi
CK, what do you think about Pintas Square? I am currently looking at commercial, this area looks to me with potential, with upcoming ITTC, Chang Cheng Group Mall and Hotel plus others around the area.
Only if they open a few banks here , this place would boom big time.
Ryuken
HI,
I not familiar with this area..but in general I’m not willing/not ready to commit any commercial above RM1M. I think its tough for tenant to survive..Of course there is alot more development nearby but make your own research. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
CK I appreciate your honesty, if you unfamiliar you just admit. However, you can help by giving tips if you heard of any bank setting up new branch on this belt Jln Penampang Bypass, Jln Lintas Kepayan? (not just Likas, Kingfisher area only la friend)
The reason we are keen to know is that there seem to be many new commercial acitivities on the belt. Up at Lintas Jaya, we already know Ngiu Kee Department store is the anchor tenant of a 5 storey mall. Judging from the advertisement the mall will consist of food court and typical outlets you find in a shopping arcade.
Down a bit at 88 market place, I seem to get that DBKK is under pressure to open the ready-made wet market facility. The developer once boast that the market can be as busy as Lido.
There is only one bank near to this belt – Public Bank Lido. The population is dense with majority Chinese & Kadazan.
Any comment?
Hi,
It seem you have some research..pls write somemore..share with me..then I support from behind..Sometime I’m pretty lazy and hate to write as some people just take the surface and they will ask the same question again..Some even worst..complain for “free” things..Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi CK and redyoyo,
any new developments going to be launched before this year ends? I would like to share my thoughts….so far developments are beginning rapidly and the current focus is on Sulaman, Kepayan, Jln Penampang Bypass.
Lets see for Sulaman, Alamesra is waiting and keeping mum on their next move and I would suggest them to change their design totally and focus on highrise residence rather than building landed houses on such a big and bright location land. This is the same thing for W group apartments along Sulaman
The trend has slow down on Inanam and Putatan which they are once booming with developments than other areas. Developers of Likas Bay and Likas area are taking their sweet time and not rushing on launching new projects
This is supported by the move of “wait and see” on the market from developers in Likas such as IJM land, Faber group, Unique Flex (The Bay residences), New Age Portfolio (Celebrity Residences) and some other developers of Likas Bay land
Big mistakes done by developers in the city is that they don’t fully utilize the lands being developed by them. Examples listed
1. Suria Sabah = Big big mistake…a mall without anything. How are you going to attract patrons on weekdays? They didn’t construct office tower, highrise condo, hotel tower or suites on top of the mall…Even worst, a seafront land without a proper plan and they still haven’t think of adding F&B along the seafront to attract people
2. Star City South = Another same fate mall….no condos and hotel on top again? Come on, you’re in the middle of the CBD and they didn’t know its a prime land…The design is worst and this land should be given to West Malaysian big developers to build
They just don’t learn from the mistakes of Likas Megamall do they? 1-storey mall on a waterfront land and luckily it was stopped before there isn’t any solution to reverse it. CK or anyone knows what are they up to or the next step for Pacific Parade?
Regarding on banks, HSBC branch is opening where? Some said that it would be at Inanam Taipan while some claimed to be at Metro Town
Hi,
I fully agreed. Investment with careful risk studies really needed…I really doubt over some of the asset class offer in the market. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi CMG,
I heard from a banker from HSBC that they went to see few place at Inanam Area but haven’t confirm yet.
Hi,
HSBC has view several place..they are planning to open Amanah HSBC somewhere..I know they have confirm which place. They just cannot simply open…especially selling pork area..Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi Redyoyo,
Thanks for the info. Population wise I think is only matter of time because all the developments seems to heading this direction, and developers wont build without demand too.
I feel if there were financial institution were to open branches on the penampang bypass area, i think would definitely make it another damai or lintas. But so many development (damas 118, pintas square, kepayan point, windrose square and c-park etc) is hard also to pick a winner among so many shoplots being built over there.
Thats why if anyone got any tips regarding this area pls share ha
Ryuken
Hi,CKWong.
I would like to ask your opinion,lately i’ve bought an apartment inside
Menggatal town (developer are Singaporean) , for 848 sq ft , RM160k only … its located on 3rd floor apartment .
I’m thinking to rent out , but i’m a bit afraid of the Appreciation from that area.
I bought it coz it’s located inside Menggatal town nearby Munsiang and i think its a strategic location.
What do u think of it ? i would like to rent out for RM700.00 (3 rooms),or i should lower the rental for that areas?
Thanks.
Wong
HI,
There is plenty of condo/apartment around this area. I believe the rental yield is abit tough to pick up. But since you bought it already..then bear with it. Try find better tenant and put in more furnishing to command higher rental. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi, mr Wong..
What’s the name of the project? is it completed or under-con? i am interested to buy as well..what the sales contact no? TQ
GK
Hi Wong,
the apartment that you bought is Puncak Menggatal (Menggatal Heights)?
if i’m not wrong…i think its Sungai Mas Apartment..personal opinion, its a pontential property..
I’m interested to buy the Terrace Garden in Colonnade Condominium, Kota Kinabalu. The selling price is RM413k and build up is about 1,400 sq ft. Please advise whether it is good or not. Why is it not sold off after completion for so many years? Is the property well managed? Please tell me anything about it. Thanks.
HI,
There is few comment somewhere, try find out and understand it. After that do your own research. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi Ck,
WHAT YOU THINK OF INVESTING IN THE LOFT (KK TIMES CONDO) ANF PEACK SOHO WHICH IS OBER RM700 PER SQUARE FEET. ALSO IS IT BETTER RETURN INVESTING IN SHOPHOUSES AS COMPARED TO CONDO? WHICH DEVELOPMENT OR LOCATION YOU THINK IS WORTH CONSIDERING?
Anyone can share info.about bay 21 condo?
any info about Condo – Bina Puri / Kepayan Ridge (100 unit)?. tq
Anyone knows when they will launch the apartment within the Pacific Parade development?
Also who’s the developer & contact plus selling prices?
Need some feedback on university prime condominium and university utama condominium. Thinking get some simple unit for rental.
Please advice. Wish to know the actual location of university utama condominium whether is near the 1 borneo as well. Asking this as i am far long away from kk.
HI,
Its too small for investment. Its a strategy that developer use to capture youngester to invest since its affordable. For your information, coming 3 years..at least another 10000 units of apartment to be built along this way. So you better do your own homework again. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Thanks for the reply CK. I had been thinking that b4, but the affordable i can is around 300k to 400k at this stage.
My initial thinking was having some property that eventually doesnt depreciate over time with inflation. Even if every month need to cover 40%-50% of the loan after getting the tenant in it.
CK, i know there are other mature area apartment around Luyang, Likas or etc but mostly they have some ages on it like indah court which is (>15 years) and currently cost around 270k. How much appreciation it can be on the following years with all the new units coming in.
200k new units maybe affordable by new investor and also more will coming on those areas (sulaman). But based on your other “title” at this webpage, i remember you mention there might be a big change in this area for the next 5 years/10 years.
Taking a new unit now with 200k and after >10-15 years comparing to indah court lifespan. I might have more return but the risk is higher but who knows since investment is no guarantee. This is Personal thinking only and really need some feedback on this based on your experience.
Hi CK,
1 more opinion needed. How you think about the beverly hills apartment either 1,2 or 3 ? around 240k still worth to buy for rental collection?
HI,
BH at RM240K is too high. Should consider anything less than RM200K as the rental is around RM800-RM1200 per month. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi CKWong,
Suria Sabah still worth to invest at this moment? RM1600 per sqaure ft.
Hi,
What is the rental yield are you getting? There is one REIT company doing profitablity research for Suria Sabah lately. They found out only 2 business operating at SS is profitable..the rest is losing money!!! So the rules never change, you must make sure your tenant are at profitable before they can be good pay master. But its all depend on what tenant and what business they are in. I presume your unit would be at first floor…better careful then regret later. Happy Investing.
You cannot Grow Land..CK Wong & MY RiCH DAD
Hi Mr Wong do you mind sharing with me which REIT company made the research and which are the two company that makes money. Is the profit huge compare to the investment or compare to the rental payable.
Hi CK Wong,
Thanks for sharing the market research that done by some REIT company. In fact the unit is on 2nd floor. Initially I was planned for doing my own business but I have change my mind and focus to some other investment.
Thanks a lot
dear HKT,
Where u get the report? pls share.. TQ…GKwong188@yahoo.com
GK
I wish to buy a first floor corner unit at angkasa apartment, my concern is lift not in service. Please advise as i do not have much experience on this, or should i look for higher level?
Hi,
Personally I don’t like govt project especially crowded by non Chinese. Those who stay going to have non Chinese attitude which going to affect the rental yield and overall management in the future. Think twice..I still advice My firmed to by Beverly hills area which is also around the same price. Happy Investing
You cannot Grow Land…Ckwong & MY RICH DAD
hi…
mr CK what do you think about an appartment called the vantage it’s about rm 280 per sqft what do you think of this invesment and the location of this project is it worth buying???
please advice thank you…
hi Mr CK
what do you think about the (D Vantage ) apparment it is about rm 280 per sqft do you think it is a good buy,and how about it’s location?
please advise
thank you
Hi,
It’s sole apartment at that area. Surrounded by non Chinese and isolated inside. It’s not about pricing..it sabout future appreciation and rental yield..I think the rental would be good. The whole environment is not pleasent area. Happy Investing.
You cannot Grow Land & MY RiCH DAD
thanks CK for your advice. bought eden height and already rent it at 8% rental yield.