4 Things Must Know in 2020 in Buying Property

Buying property maybe your first time experience, or you may already own multiple properties. But here are 4 things you must know in 2020 in buying property:-

Median Price

.

What is median price ? It is the average property prices for that particular category of property. For example the median price in Cyberjaya landed property has median price RM900,000+ whereas in Dengkil is only RM500,000+. Why such a big difference for close proximity, it is mainly due to Cyberjaya has:-

• better infrastructure
• more MNC companies, thus more White Collar workers resulting in higher average income
• better schools (got 3 International Schools in Cyberjaya alone) attract high income families to reside in Cyberjaya

.

.

Booster

Booster is what will increase property prices tremendously in short to medium term. What are examples of property boosters:-

• public transport (MRT/HSR/LRT)
• new highways (EKVE/SUKE/West Coast Expressway)
• hospital
• education
• shopping mall

.

For easier understanding, will give an example for Cyberjaya township :-

• 2 MRT Stations to stop in Cyberjaya
• Maju Expressway extension 18 KM, three-lane dual carriageway that will commence at Putrajaya Interchange and merge onto the existing Lebuhraya KLIA (FT26) in Sepang.
• New Hospital Cyberjaya to be opened in August 2020
• SJKC Union just open, which pull more Chinese families crowd to stay in Cyberjaya
• Cyberjaya City Centre (CCC) which will house world-class convention centre, hotel, serviced residences and hybrid-concept shopping mall.

.

Rentability

Rentability is the categories of tenant you can get. For example in Cyberjaya, there are few categories of tenant you can target:-

• people working in MNC companies
• students or lecturers work in Universities
• short term rental for business people, visiting Cyberjaya, family trip, etc
• people working in airport

.

Maturity Point

It means how long period for a township to reach maturity point. Something less than 5 years, is consider fast. Some township will takes longer time. For Cyberjaya, last 5 years ago, probably you can get landed property at only RM500k, but now it will cost you RM900k above to get a decent size landed property.

With upcoming 2 MRT Stations to stop in Cyberjaya, as well as mega project Cyberjaya City Centre (CCC) which is a 10 billion joint development project between Malaysian Resources Corp Bhd (MRCB) and Cyberview Sdn Bhd. CCC aim to be a game changer and completely transform Cyberjaya into a global technology hub and smart city.

.

Unique Selling Point

Certain project, for example Sejati Lakeside in Cyberjaya, it is low density guarded gated landed property, with unique selling points that differentiate it from the rest :-

• next to a lake, with lakeside promenade exclusive for the residents – jog next to the lake and enjoy serene view
• 19 sports facilities (basketball court, badminton court, treehouse pavilion, fruit orchard, Residential Amphitheatre, pet zone, etc)

If you need personal consultation, do can consult :-

 Call /Text / Whatsapp @ Ryan +6012-4049931 

Or fill up the form for us to keep you posted for upcoming launches :-