Only Bukit Bintang

For investor who invested in Gaya Apartment April/May 2009, it is now construction in progress in a very fast pace. With current pace of progress, I expect the construction will complete by end of this year. Probably the Certificate of Fitness/CCC will be issue by early next year which then will hand over the apartment to buyer. The lifestyle centre which comprise of a shopping mall, a office block and a hotel/service apartment is expected to be announce soon, the potential en bloc buyer is a singaporean company.

good article to share (read full from the following link).... Properties located within the proximity of LRT stations enjoy fair capital gains and higher rental yields, as long as they are located within a fair distance away. Residential properties that directly face the stations, however, are not as desirable as the units further in. There is also concern of traffic congestion around the area. Properties will have no advantage if they are located close to LRT lines with no stations nearby. Chan Ai Cheng, general manager of S.K. Brothers Realty (M) Sdn Bhd opined that the proximity of LRT services is definitely a plus point to properties nearby as it is a convenient and fast alternative mode of transportation. She said, “Presently in Petaling Jaya (PJ), we can see the number of buyers outweighing the number of units in the market for sale at the Amcorp Service Suites. Owners there are most happy with the returns as some are as ...

To give you more confident on Plaza Melati, please read the story below. In 2007, my brother bought a 2 room flat in section 1, Wangsa Maju, Setapak. This is a 5 storey walk up flat and was built on 1989, the earliest project in so call Bandar Baru Wangsa Maju. My brother unit is on the 2nd floor with about 580sf, and it is about 300 meter away from Wangsa Maju LRT Station. After took over the flat, we tiled the floor (original was cement slab), provide a small fridge and a washer and repainted the flat. My brother bought at a good price after a tough negotiation. Currently it is rented out at RM700 and it is more than 10% net rental return. The success of this investment because:- 1. Near LRT station 2. Near Shopping Mall - Alpha Angle and Jusco 3. Easily connected to MRR2, DUKE, Jln Jelatek, Jln Genting Kelang, AKLEH 4. Primary and Secondary just near by 5. Near to College and University 6. Foods and restaurant are plenty 7. Near to KLCC, 15 mins through LRT 8. Setapak is growth area...