1 Answer

David Wong Lai Kwong
Hi Iman. This is a million dollar question.It used to be easy to answer this question a few years back ie condo.in KLCC.
Now it depends on your investment position and strategy. The prices of KLCC condo. is not expected to rise further in the near future. You need to depend on rental income. Choose a unit which is rented out easily while waiting for the next boom and inflation cycle.

As for Iskandar, it is still speculative. The population in JB is still very low which means the real demand is not there yet. Iskandar's success will very much depend on Singaporeans at the moment unless it can grow into a vibrant financial, industrial and commercial hub like the Klang Valley to attract white collar migrant workers from other States and the world at large. With the value of KLCC condominium estimated from RM1 million and above you will be able to buy a landed semi-detached or bungalow house in JB? The only challenge is that houses in JB is difficult to rent out, let alone at a good yield. Therefore you need use it while waiting for the real demand to kick in. Your call based on your financial position.
David Wong
QUANTUM real estate
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