15 buyers registered with me within a week now. My colleague also got more than 10 buyers already. The property near LRT station continue to do well during 2008-2009 financial crisis (subprime of US). The condo price increase by 10%-20% depending on the location, age (of property), and infrastructure. Wangsa Maju LRT Station- Metroview Condo (handover in Feb/March 2008) increased by almost 20% comparing from handover time till now. The rental return continue doing well and it is almost 100% occupancy. Menara Alpha Condo (10 years old condo) price increased by about 15% from Q2'08 till now. The occupancy is 100% and rental return is better than metroview in term of percentage. Sri Rampai LRT Station (yet to open)- Desa Putra Condo - price increase by another 20% from Q2'08 till now, the price is almost double comparing to developer price. Riana Green East - although key has not been handover, but the price already gone crazy by increase of about 40% comparing with developer pric...
Property in Malaysia is still relatively cheap compared to Hong Kong, Singapore, Taiwan, Shanghai, Seoul and Tokyo. Properties in Bukit Bintang is definitely the best place to invest with many rooms to appreciate in value. Bukit Bintang had highest tourists arrival in Malaysia with many attractive foods n beverages, shopping mall, and tourist destination nearby.