Malaysia Real Estate

sssatayman · Joined: 29 Mar 2008 Posts: 1

looking at areas like mont kiara and upcoming projects...seems like that will be an over-supply.

rental yields will be affected.

oreo_rr · Joined: 26 Feb 2008 Posts: 11

agree with you
not just that are
i find that every area aroung klang valley is affected
sure in future the prices will go down
so i cant do business anymore in real estate hehe

yeehs18 · Joined: 03 Dec 2005 Posts: 199

Basically there are more than 10,000 units of condos being launch in KL, PJ area. The surge of oversupply due to huge developer trying to hop on the fat train and buyers into property investment madness. All thinking easy renting out but actually the period of these are around 2004-2007. Now i think its just too many options to choose. Own stay of course is different...

theayil · Joined: 24 May 2008 Posts: 6

yah true..
we often hear there would be property boom.. n i read numerous books on property investment, where many were good but they dont often replicate the actual ground scenario..

we were made to believe that location is the key to success.. which i agree but not to the extent that it will guarantee plain sailing success.. and i totally agree that we are experiencing OVER-SUPPLY of CONDOS in hot locations i.e. mont kiara, hartamas, kota damansara, kelana jaya..

but regardless all this.. i still think properties are a good investment.. just need to really know what you're doing & not just follow the hype Very Happy