Well, when comes to decision where to invest next, there are only 2 choices. Buy straight in the middle of the town complete with established amenities or out of nowhere where new township is being developed.
My analysis:
1) For positive cashflow from rental, go ahead and buy in a established neighbourhood. Why?
People renting because they need home and value for their money. With school nearby, workplace, banks, petrol station,etc.. It is more sensible to rent in such places without having to travel far.
The demand is guaranteed so, you'll get your cashflow.
2) To maximize your capital appreciation, go for new reputable township...why?
These days, price of houses in kl center is well beyond rm1000 psf. A normal
Human being with normal work, could not afford to buy those kind houses.
Last week, when I spoke to one of real estate agent, the trend in kl is now moving away to the fringe of kl border. Rawang, puncak Alam, bangsar south, etc.
You can still get houses about rm250 psf and freehold land! With new highway network such as LATAR, etc, travelling time is now shorter.
However, here's the catch... You need to make proper assessment of the location. Normally it takes 10-15 years for these new town to mature...
Remember what happen to the famous Bukit Beruntung! ... Think again...
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