If for investment with 4 years horizon, my bet is for KL property in selective areas(rentable, smaller units preferred). If you notice KLCC secondary market prices does not really increase from 2007 due to current oversupply and overpriced in 2007(moderating now). You can get cashflow positive property if you search hard enough and then wait. Some of newer ones goes from 700+ psf.
Landed property is also good for the long run. But this one, you need the local knowledge and need to be highly selective. Looks for areas near easy highways. To rent at a higher yield, you will need to rent by rooms.
Kuala Lumpur Properties for Sale - Good Rental Yields, Great Locations
With Upcoming High Speed Rail Between Singapore & Kuala Lumpur, Future Potential is Strong but Invest Wisely
Last week, PM Lee of Singapore and PM Najib of Malaysia announced that both countries would be looking to build a High Speed Rail (HSR) between Singapore and Malaysia that would connect both cities within 90 minutes.
What this means is that by 2020, both Singapore and Kuala Lumpur will benefit by having greater population flow between both cities and this is especially beneficial for Real Estate as there will be more talent/ workforce/ tourists/ businesses travelling between both cities and the need for property will be greater than ever like how we see in Hong Kong and China today.
So should you invest into Kuala Lumpur today? The answer is YES but with the HSR only completed by 2020, you have to invest wisely into prime locations with good rental yield to give you holding power for your properties.
High Speed Rail Singapore - Kuala Lumpur by 2020
Here we have a selection of Studio and 1 Bedroom Apartments in Kuala Lumpur for sale that are completed (already TOP) and tenanted. Small units have an easier time to attract tenants especially for Asian expatriates working in the city center and time taken to find tenants is usually within 3-4 weeks.
Berjaya Times Square
Located in the heart of Bukit Bintang, this 550sqft 1 bedroom unit is a high floor unit with view of KL city and is currently tenanted to a corporate at RM2,500 pm on a long term lease. With its prime location where the future Bukit Bintang MRT is only 200m away, this unit is asking for RM650,000 or a 4.6% yield.
Maytower Serviced Residences
Operated in part by Dorsett Hotels, Maytower is located between Masjid India and Bukit Nanas, at the outskirts of KLCC. Surrounded by several LRT and Monorail stations, access is superb. Multiple units available tenanted to corporates and professionals working in the city center. Yield ranges between 5.0%-5.5% at asking prices of RM350,000 - RM380,000. Unit sizes range from 351-439sqft.
Holiday Villa Megan Ambassy
Located on Jalan Ampang in Embassy Row, this property is surrounded by various embassies that provides the tenant pool. A one bedroom unit at 463sqft, it is tenanted at RM1,600pm and asking for RM380,000 or a 5% yield. Capitaland has a project next door completing next year and several other projects nearby asking at much higher prices, this property is a steal.
Axis SOHU Ampang
This is a loft unit with a bedroom upstairs and total size between 530-560 sqft. Several units available tenanted at RM1,600pm or 5.8% yield at the asking price of RM350,000. Located next to Pandan Indah LRT (2 mins walk), it is also the speculated location of an MRT station along the Circle Line. Ambitious owners can extend the loft to increase the unit's livable space and command higher rents. Definitely much potential here