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Which investment would you choose ? shophouse in MJC, 999 terrace in Tabuan Jaya, or Saville suite?
Just popping in
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2010/10/4 0:10
Posts: 7
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Shophouse in prime location MJC sold at 500K, yields rental 2600/month (but I don't think the place has great potential in years to come - rental might be good but not the appreciation value.) Other similar shophouses on different block (opposite it) only sold for 300k.
999 Terrace house in Jalan Song, 310 K but probably only worths 850/month in rent.
Saville suite, an apartment, has a unit selling for 280K, fully furnished with tenant 1200/month (never has much faith in value appreciation for condo/apartment in Kuching). Value of these properties seem to rise for first 3-4 years, then stay for a while before plunging down due to run-down look, not well maintained.

anybody has any say ? anyone with great foresight, fortune-teller? please comment. : )

Posted on: 2010/10/8 23:42
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Re: Which investment would you choose ? shophouse in MJC, 999 terrace in Tabuan Jaya, or Saville suite?
Quite a regular
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2007/11/19 20:02
Posts: 48
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R u single?

i believe there're a lot more options than the one u've mentioned my friend.

Posted on: 2010/10/9 18:41
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Re: Which investment would you choose ? shophouse in MJC, 999 terrace in Tabuan Jaya, or Saville suite?
Home away from home
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2009/3/19 23:17
Posts: 164
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Are you sure the rental of RM500k shoplot only yield RM 2600 per month? That is quite pathetic return. I would be looking for at least 8%-10% yield on ground floor.

I know the rental yield for residential property in Kuching is not too attractive. So for me, Terrace house in Tabuan is probably not on my list of investment.

I think apartment market is quite small. But if you are lucky and manage to rent to the professionals, like air stewardess, pilots, etc.. who rarely stay there but just want a comfortable place to stay for the night every now and then, you count yourself really lucky because you can charge very high for one of those apartment. Like I say.. market is quite small but very lucrative.

I think if you really want to invest in property, be a builder instead of a landlord. In my opinion, all forms of property investment have been sterilised after they have been transacted the first time.

Posted on: 2010/10/11 4:35
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