Friday, November 15, 2013

About Malaysia's government's move to curb speculation market...

...by increasing Real Property Gain Tax (RPGT) and Stamp Duty, one might think that it will slow the property market down.

But to some investors, the question was more like this:

"Which is more important? Making profit, or paying taxes?"

Hotel investment at Petaling Jaya Section 13

Developed by Cherish Springs Sdn Bhd, CentreStage @ PJ, Section 13 is one of the first major mixed development in PJS 13, in response to redevelopment plan of Petaling Jaya into a business district, by converting factories into mixed or commercial development.

Center Stage is a mixed development with retail lots and service suites.  The Investment opportunity is a luxurious integrated serviced suites, services by internationally renowned hotel – Best Western, the world’s largest hotel chain®, the suites are luxuriously appointed to international standards with excellent services and the best facilities for your enjoyment and convenience.

With the on going development of Petaling Jaya, there will be some renown MNC moving their base from the city center, as it can lower operating cost, and almost equally accessible.

This move will give raise of demand for business traveler suites in PJS 13.

The price of each hotel suite will be starting from RM400,000 onwards with 7% guaranteed rental yield for first 3 years.

Luxury condominium for sale at Hampshire Park, Kuala Lumpur

Hampshire Park is one of the first luxury condominium in Kuala Lumpur.
Like older condominiums, developer's target market tend to be bigger families, hence the large build up area, 5,150 sqft with 4 carparks.
It is situated at Persiaran Hampshire, it is only 5 minutes walking distance to Kuala Lumpur City Center (KLCC)

Partial Furnished with cabinets and wardrobes, 4 carparks, high floor
4+1 rooms, all ensuite, 1 powder room
Currently rented out. Buyer may consider purchase with tenancy.

Selling price: RM3.4 million.

You may find more information here.

Thursday, November 14, 2013

Double storey Bungalow for rent at Taman U Thant, Kuala Lumpur, Malaysia
Land area: 18,700 sqft
Build up: 6,952 sqft (645.88 sqm)
4+1 Rooms, with swimming pool
Price: RM26,000 per month.

The Bungalow for rent is a newly reconstructed home located within the 'U Thant precint' often dubbed the “Embassy zone” within the CBD and heart of Malaysia’s vibrant capital city, Kuala Lumpur.
Its neighbourhood is serene, guarded and yet is within a 5 minutes drive or 10 minutes walk to KLCC, Malaysia’s landmark and main shopping mall in the CBD.
To cater to diverse lifestyles, there are neighbourhood malls within 5 minutes drive for grocery shopping, pet stores, pharmacies, cafes and more. There are Gyms, Yoga centres and international schools all within 5 minutes access.

More information here.