Under One Roof
Now is the best time to buy property, the price of property has somewhat stabilised, and they’ve become very reasonable. this is unlike a few years ago, when the price of property sky rocketed and owners were eager to get a high amount of profit from these assets. Now, many are looking to liquidise their assets for better cash flow.
When is the best time to buy property?
I would say now, because recently, the price of property has somewhat stabilised, and they’ve become very reasonable. This is unlike a few years ago, when the price of property sky rocketed and owners were eager to get a high amount of profit from these assets. Now, many are looking to liquidise their assets for better cash flow.
What is the property trend now?
As mentioned, the market has somewhat stabilised, and many analysts believe that the prices won’t sky rocket in the near future, nor will it plunge down dramatically. Property prices is generally growing healthily at an estimated rate of four to five percent per annum.
Landed property is in higher demand compared to high-rise units around the Klang Valley and Seremban, while in the city centre itself, a well-managed condominium is a more popular choice.
What is your advice when buying a piece of property?
Location and infrastructure are two key things to take note of. You have to look for new developments that could come with better infrastructure in the future. These days, buyers look for places near to highways and LRT/MRT stations.
If you’re looking for an affordable piece of property, there are options in areas like Kuala Selangor, Rawang, Kajang, and even Semenyih to consider.
Are small units of property worth investing in?
Yes, but this applies mostly for those in the KL city centre. There’s also the option to purchase property in the Mont Kiara and Bangsar area, where there are many expats. Buying a small unit that would appeal to an expat would be a wise choice.
Are there any tips about the market you can share with us?
If you’re planning to invest, look for properties that meet a certain criteria. For residential properties, location, community and security are the important factors, followed by the condition of the house itself.
For commercial property, location and accessibility are the primary factors. The location must be able to cater to the needs of the community nearby. The community spending activities in the commercial area will support property prices there and lift up the rental yield. Accessibility is equally important, as it helps to determine the amount of traffic going into the premises.
Part of Southville City, Avens Residence consists of freehold units in a gated and guarded location. There are two different types of homes to choose from – a two and a half storey link home, and a three storey link home. Both types of homes offer two master-suites, making them suitable for multi-generational living. When it comes to space, it ranges from 2,988 square feet to 3,438 square feet. Pricing starts from RM868,000.
Contact: 017-2738888 / 012-2351808
Sunway Velocity – V Residence Suites
Located a stone’s throw from the KL city centre, Sunway Velocity is one of the most exciting developments in the area. The V Residence Suites are freehold suites that come with a three-tier security system and are available in one, one + one and two bedroom options. Naturally, there are plenty of facilities as well, like a pool, jacuzzi, sauna, gym and more. It’s also linked to two MRT stations, so transportation won’t be a problem. Priced at RM767,000 onwards.
If you’ve made a name for yourself and enjoy lavishing yourself with nothing but the best, then you’ll likely find the Pavilion Suites to be a great home in the city. Located in the Bukit Bintang Kuala Lumpur City Centre, you’re right in the middle of it all. Each suite comes fully furnished, and there are four different suites available – two bedrooms (1,254 sq.ft.), one bedroom + one study (836 sq.ft.), one bedroom (747 sq.ft.) and one bedroom (718 sq.ft.). Call to enquire for pricing.
Contact: 1 800 22 8088
Harbour City Resort Suites
This project consists of 500 high-end sky-rise villas in Pulau Melaka, with 18 units specially designed to appeal to those who want to stand from the rest. These 18 units offer living space measuring from 470 square feet, to 2,200 square feet. Integrated to Harbour City, entertainment, shopping and leisure is just a few minutes away. Call to enquire for pricing.