Malaysia Rank No. 9 on the World Hottest Real Estate Markets

We have around 196 countries in this world.

Malaysia Rank No. 9, does this worry you?

Top 10 Countries, last 5 years price growth:

1. China 110.9 percent
2. Hong Kong 93.7 percent
3. Israel 54.5 percent
4. Singapore 50.5 percent
5. Colombia 39.4 percent
6. Taiwan 30.1 percent
7. Norway 28.7 percent
8. Canada 28.7 percent
9. Malaysia 28.5 percent
10. Switzerland 27.5 percent

Read more here:
http://www.cnbc.com/id/47082429/The_World_s_Hottest_Real_Estate_Markets

To me, economy for each country can never go up forever ~ that's why we have the term "Economy Crisis".

Unless you are desperately to invest now, we shall keep more cash in hand for rainy days.

Related post in AWong Investment:
2012 - Malaysia Property Market Gonna Sustain?

New FB Cover

Gtronic (7022) ~ up 60% in less than 5 months

I have posted this share, Gtronic (7022), since 8 Dec 2011 when the price was at 0.84 [Click here for my previous post]

In less than 5 months, it reached 1.34 ~ that's 60% increased ^_*




If you bought it at the lowest 0.80 after posted here and sold at 1.34 ~ that's 68% increased in less than 5 months.

Hope you guys made profits too!! Good luck with your investment!! ^_*

Some updated info:

• Net asset per share decreased a bit to 0.92 (previously 0.95) ~ less than current share price
• EPF have reduced its holding to approx. 5.97% (previously 11.11%) ~ however, EPF started to buy in again recently
Dividends pay out remains approx. 8% per annum ~ higher than banks FD a/c which is around 3.15% now

Other shares with similar price posted in AWong Investment:

• MAS (3786) ~ Share Swap with Airasia is Off
• YTLPOWR (6742) ~ Back to Similar Price
• Puncak (6807) ~ Up 99% ~ Power of The Rich Guy



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Add me there to get all updates about my blog

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See you there ^_*

Nadayu 28 Bandar Sunway

Project name:
Nadayu 28 Bandar Sunway

Area:
Bandar Sunway
Developer:

Jurus Positif Sdn Bhd

Type:
Condo

Tenure:
Leasehold

Price range:
from RM702,000 to RM1,360,000
Size range:
from 990 to 1,850 ft2

Price/ft2 range:
from approx. RM709/ft2
Total Units:
411 units
Maintenance Fee:
RM0.30/ft2*Above info @ Nov 2011

You can get more info from following website:
http://www.nadayu28.com
http://www.iproperty.com.my/developments/2295/Nadayu28_Bandar_Sunway

The developer:

Jurus Positif Sdn Bhd. is a subsidiary of Nadayu Properties Berhad [Website] which formerly known as Mutiara Goodyear Berhad.

Nadayu Properties Berhad is listed on KLSE (since May 2002) with a current share price of 0.98.

Nadayu Properties Berhad delivering property developments in Selangor and Penang, eg. Nadayu Melawati, Nadayu92 Kajang, Bandar Tasek Mutiara in Penang etc. 

Location:

Bandar Sunway is not far away from KLCC and is close to Petaling Jaya (PJ) and Subang Jaya which is a city with the highest population in Klang Valley (based on 2010 info). 

Google Map

Map data ©2012 Google, MapIT, Tele Atlas

Price:

Compare with other Condo developments nearby:

• 8 Petaling @ Sri Petaling ~ price from approx. RM346/ft2 (price info @ Aug 2011) ~ Nadayu 28 Bandar Sunway is approx. 105% higher [Read My Previous Post]   
• Acappella Residence ~ price from approx. RM353/ft2 (price info @ Oct 2011) ~ Nadayu 28 Bandar Sunway is approx. 101% higher [Read My Previous Post]
• Boulevard Residence Damansara ~ price from approx. RM472/ft2 (price info @ April 2011) ~ Nadayu 28 Bandar Sunway is approx. 50% higher [Read My revious Blog]
• Olives Residences ~ price from approx. RM498/ft2 (price info @ Nov 2011) ~ Nadayu 28 Bandar Sunway is approx. 42% higher [Read My Previous Post] 
• I-Resident @ Shah Alam, section 7 ~ price from approx. RM521/ft2 (price info @ Feb 2012) ~ Nadayu 28 Bandar Sunway is approx. 36% higher
• Neo Damansara @ Damansara Perdana ~ price from approx. RM537/ft2 (price info @ Aug 2011) ~ Nadayu 28 Bandar Sunway is approx. 32% higher [Read My Previous Post]
• Sé terra ~ price from approx. RM573/ft2 (price info @ Oct 2011) ~ Nadayu 28 Bandar Sunway is approx. 24% higher [Read My Previous Post]

My View:

Based on the above information, the price/ft2 is approx. 24% to 105% higher than other Condo developments nearby.

The desity is consider high if compare with others as shown below:

Sé terra ~ 46 units
Olives Residences ~ 88 units
Acappella Residence ~ 125 units
8 Petaling @ Sri Petaling ~ 156 units
Neo Damansara ~ 266 units
Boulevard Residence Damansara ~ 300 units
I-Resident @ Shah Alam, section 7 ~ 346units
Nadayu 28 Bandar Sunway ~ 411 units

Is it worth to pay extra to have a higher density condo?

Based on 90% loan for RM702,000, say BLR6.6%-2.4% = 4.2% interest per annum, for 30 years. The monthly repayment is approx. RM3,089. If you are planning to buy & rent out for investment, you need to take these into consideration:

Will ppl willing to pay more than RM3,089 per month to rent a place in Subang Jaya? 

Don't forget the approx. monthly repayment of RM3,089 excludes following items:

a) Maintenance fees (from approx. RM297/month)

b) Assessment tax

c) Quit rent

d) Interest rates increased for the loan (this is the main risk as BLR still low at the moment)

Buy & rent market, this is not a really good investment opportunity as you are targeting smaller group of people especially expat to rent it.

Again I still believe the property prices in Klang Valley are too high at the moment and should collapse soon (maybe after 2012 election). Unless you are desperately to invest now, we shall keep more cash in hand for rainy days.

Other developments with similar RM/ft2:

• St. John Woods Residence @ Persiaran Raja Chulan, KL
• Central Residence @ Sg Besi
• Alvarez ~ Laman Granview @ Puchong by IJM
• Dua Sentral Hotel Suites @ KL Sentral

Summary of KLSE Shares Posted by AWong Investment

(updated 16 May 2012)

		Posted on		Price after Posted by
		AWong Investment		AWong Investment
Code	Share	Date	Price	Highest	%	Lowest	%	Current	%
0143	KEYASIC	18-Feb-12	0.130	0.160	23%	0.120	-8%	0.120	-8%
7022	GTRONIC	08-Dec-11	0.840	1.340	60%	0.800	-5%	1.190	42%
9679	WCT	25-Sep-11	2.000	2.780	39%	1.850	-8%	2.270	14%
3786	MAS	19-Sep-11	1.410	1.740	23%	1.030	-27%	1.050	-26%
6742	YTLPOWR	16-Sep-11	1.790	1.930	8%	1.540	-14%	1.540	-14%
0010	IRIS	14-Sep-11	0.145	0.205	41%	0.130	-10%	0.165	14%
2739	HUAAN	09-Sep-11	0.235	0.295	26%	0.185	-21%	0.190	-19%
6807	PUNCAK	05-Sep-11	0.950	1.890	99%	0.950	0%	1.290	36%
5031	TIMECOM	29-Aug-11	2.650	3.875	46%	2.075	-22%	2.910	10%

                                                                By AWong Investment

* Notes: TIMECOM price based on previous price x 5   

D'Primera ~ Townhouse @ Shah Alam

Project name:
D'Primera
Area:                       
Cahaya SPK, Shah Alam
Developer:               
SJ Properties Sdn Bhd
Type:                             
Townhouse 

Tenure:                   
Leasehold
Price range:             
from RM700,000 to RM1,500,000
Size range:              
from 2,343 to 2,863ft2

Price/ft2 range:         
from approx. RM299 to 524/ft2

Total units:               
244
*Above info @ Dec 2011 

 

You can get more info from following website:
http://spkhomes.spkb.net/pro_cahaya.php
http://www.iproperty.com.my/developments/developmentreview.aspx?pid=2236

The Developer: 
SPK [Website] founded in 1961 (approx. 51 years in business) is listed on KLSE with a current share price of 0.285.

They are the one who developed Sunway SPK Damansara and Ambangan Heights in Kedah.  

Location:

Distance away from KLCC is about the same as Seri Kembangan as shown below. The only difference is that Shah Alam has been well developed.

Google Map

Price:
Compare with other Condo developments within Shah Alam:

• Acappella Residence ~ price from approx. RM353/ft2 (price info @ Oct 2011) ~ D'Primera is approx. 15% lower [Read My Previous Post] 
• I-Resident @ Shah Alam, section 7 ~ price from approx. RM521/ft2 (price info @ Feb 2012) ~ D'Primera is approx. 43% lower

Also compare with Condo developments located nearby:

• Sé terra ~ price from approx. RM573/ft2 (price info @ Oct 2011) ~ D'Primera is approx. 48% lower [Read My Previous Post] 
• Neo Damansara @ Damansara Perdana, PJ ~ price from approx. RM537/ft2 (price info @ Aug 2011) ~ D'Primera is approx. 44% lower [Read My Previous Post] 
• Olives Residences ~ price from approx. RM498/ft2 (price info @ Nov 2011) ~ D'Primera is approx. 40% lower [Read My Previous Post] 
• Boulevard Residence Damansara @ PJ~ price from approx. RM472/ft2 (price info @ April 2011) ~ D'Primera is approx. 37% lower [Read My revious Blog]
• 8 Petaling @ Sri Petaling ~ price from approx. RM346/ft2 (price info @ Aug 2011) ~ D'Primera is approx. 14% lower [Read My Previous Post]            

               

My View:

As shown above, the price/ft2 is approx. 14% to 48% lower than the other Condo developments in Shah Alam and nearby locations. Is it worth to pay extra just for the condo facilities?

Based on 90% loan for RM700,000, say BLR6.6%-2.4% = 4.2% interest per annum, for 30 years. The monthly repayment is approx. RM3,080. If you are planning to buy & rent for investment, you need to take these into consideration:

Will ppl willing to pay more than RM3,080 per month to rent this?

Don't forget the approx. monthly repayment of RM3,080 excludes following items:

a) Maintenance fees

b) Assessment tax

c) Quit rent

d) Interest rates increased for the loan (this is the main risk as BLR still low at the moment)

For buy & rent market, this is not a really good investment opportunity as you are targeting smaller group of people especially expat to rent it.
For long term investment option, the price/ft2 is consider reasonable.

Besides, condo developments launched recently around Cyberjaya, which is far away from KLCC, are selling more than RM400/ft2.

Nowadays it is norm for properties in Klang Valley selling at around RM350/ft2, however this doesn't mean the price will continue to sustain. [Read my preview post - 2012 - Malaysia Property Market Gonna Sustain?]

To me, although the price/ft2 is consider reasonable, I still believe the property prices in Klang Valley are too high at the moment and should collapse soon (maybe after 2012 election). Unless you are desperately to invest now, we shall keep more cash in hand for rainy days.

One more thing is that I still prefer the old style of terrace house rather than the new concept of townhouse which is not very common in Malaysia. Do you like to have someone stay above or below you?
Other developments with similar RM/ft2:

• Koi Prima (Phase 1) @ Puchong
• Tiara Residences @ Bandar Baru Selayang
• Sutera Residences @ Kajang by Modal Ehsan Sdn Bhd
• 228 Selayang Condo (Aveda 228) by Mahumas Sdn Bhd
• Calisa M @ Puchong by Masteron Sdn Bhd