Investment Option In Malaysia

Introduction

This property has long been a good investment option for many in Malaysia. The number of real estate investors in this country has grown over the past two decades as more people seek financial future better for themselves. Investment property is investment in land, an increasingly scarce resource similar to gold and silver.

The average Malaysian will find the property such as a house (terrace / link single / bunk), apartments / condominiums, retail space, shop lots or land. There are several million units of real estate in Malaysia, but not all properties make good investments.

There are many criteria to look at when choosing a property, such as location, developer reputation, property type, price, facility, infrastructure and public utilities.

There are many different strategies for investors on how to choose the best real estate for investment. For example, some people are looking for cash or cash flow, while others are the potential for long-term eye growth.

According to PropertyGuru Malaysia, such as other investments, real estate does not come without risk.

Return on investment is never guaranteed, so understanding the type of investment risk in the market is important.

What Is Walkability?

In a nutshell, walkability is a measure of how the environment is suitable for walking. In the context of a particular property, its conduct is measured by means of accessible facilities such as schools, transport places, retail outlets, restaurants and police stations in the location. Walkability can be influenced by the following factors: –

Distance from property to convenience

Availability (and quality) of pedestrian paths

Traffic conditions

Air condition

Enough marks and road directions

Average pedestrian density

How Effectiveness Measured

There is no standard way of measuring path ability.

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EFFECTS OF WALKABILITY ON PROPERTY VALUES

Many people who care about pedestrian safety and walkability are concerned about these issues because they feel that walking is a good exercise or places to go through are more attractive or better for the environment than driving. The Walk Score measures the relevance of everywhere addresses using a patented system. For each address, Walk Score analyzing hundreds of walking trails to nearby facilities. Points are given based on distance to convenience in each category. Facilities within walking distance of 5 minutes (.25 miles) are given maximum points. The decomposition function is used to give the eye more convenience, without any points given after a 30-minute walk.

Walk Score is an algorithm that estimates the path of each address on a scale of 0 to 100 based on its proximity to some general destinations such as schools, shops, coffee shops, parks and restaurants. Walk Score also measured by analyzing the pedestrian friendliness of population density and road metrics such as block length and density of intersection.

What they find is the increase in street distance attributed to higher home value across the country. On average, they found an increase of one point in the house Walk score increases in the market value of the house. First, the walkability is varies from town to town. It is more valuable, denser cities, on average than in smaller ones.

Next is the relationship between walkability and non-linear values where the one-point increase in Score for home with very low scores does not have the same effect as the Walk Score home improvement is high. This shows that there are some types of walks that are minimal. For homes with less than 40 walking scales, small changes in walking do not seem to have much impact on home values.

The high price we need to pay for a place to navigate should be a strong public policy signal that we should look for ways to build more such areas. Too often, as we’ve noted, our current public policies, like zoning is more effectively make it illegal to build an attractive, attractive, mixed neighborhood that offers a very high footing.

For this assignment, I choose two property located in Kuala Lumpur, which is Setia Sky Residence and KL gateway Residence. As we can see below, Setia Sky Residence is high score, compare to KL Gateway. However, both locations are located in very walkable neighborhoods.

SETIA SKY KLCC – KL City

Kuala Lumpur, located at the iconic Petronas Twin Towers and 1.7 million residents, is Malaysia’s largest city and capital city. the next 150 years, KL has grown from a tin mining camp to one of the most lively cities in Southeast Asia. Today, KL is a metropolis full of skyscrapers, a network of integrated transport systems and modern infrastructure

As one of the Federal Territories in the country, KL covers an area of 243 km? run by the KL City Hall and is surrounded by satellite towns in Selangor. Together they are referred to as the Klang Valley or Greater KL. As the capital of Malaysia, KL is also the seat of the Malaysian Parliament, and the country’s economic and business center. In the heart of KL is the Golden Triangle where the city’s CDB, as well as many shopping, dining and entertainment sites offer shelter. In addition to the world’s second tallest twin towers, KL also hosts numerous places and attractions, including KL Tower, Merdeka Square, KL Train Station and Merdeka Square.

Amenities and Facilities

Golden Triangle is a shopping mall, with world-class chopper centers such as Pavilion KL, Suria KLCC, Berjaya Times Square, Starhill Gallery, Wang Plaza River, Lot 10 and more. Within the city center there are various medical centers, including KL Hospital, Gleneagles KL Hospital and Prince Court Medical Center, as well as recognized educational institutions such as Victoria Institution, Methodist Boys School and Confucian Private Secondary School. Meanwhile, Royal Selangor Golf Club offers first class recreational facilities for golf enthusiasts.

Accessibility and Transportation

When it comes to accessibility, the KL city cannot be denied with major roads and highways leading to the city. They include Jalan Bukit Bintang, Jalan Tun Razak, Jalan Sultan Ismail, Ampang-Kuala Lumpur Elevated Highway, Federal Highway, Duta-Ulu Klang Highway (DUKE) and KL Central Ring Road 1. The city also has an integrated transport system consisting of bus routes with LRT stations, KL Monorail stations, KTM Komuter stations, KLIA Transit and KLIA Express stations.

For most lives in KL whether living in KLCC. The city center is perfect for the townspeople: services, restaurants and nightlife are at your door but so are others, construction noise and small green areas.

KL gateway – Bangsar south

Fast growing into a hotspot for stylish, Bangsar South offers luxury office suites for established and upcoming companies. Integrated urban development addresses have been the focus of Klang Valley’s property searchers in recent years. Originally, this was just a calm countryside called Kerinchi Village. Potential for development could not be achieved until UOA Holdings Bhd acquired 60 acres of land (240,000 m2) there in 2005. Development became a full throttle after a long-term plan was made in 2007 to upgrade the area into a commercial and residential hub. Since then, a piece of this real estate has never returned.

The developments themselves, such as Nexus @ Bangsar South, Connexion as well as many office and tower blocks, simple to high. But the area is still considered low to moderate density. This is because of the wide-open spaces between buildings, green clumps and landscapes, empty land areas and extensive walkways with circular and winding and wide streets.

The property value here, both commercial and residential, has seen considerable increase since 2012 to 3rd quarter 2016. It remains sustained during the economic downturn between October 2016 and December 2016, compared to many other properties in the Klang Valley which the prices fall slightly. A good rental rate here is a clear description of the popularity of this development scheme.

Amenities and Transportation

In addition, there are more features and facilities in neighborhood’s areas such as Petaling Jaya, Pantai and Brickfields. The PJ City are also nearby, all providing more restaurants, banks, retail outlets, facilities and public and private services.

Schools and University of Malaya are all located around the South Bangsar. The University Malaya Medical Center (UMMC) and Pantai Hospital KL are only a few long-distance away while three stations and the Fire and Rescue Station are within 4 to 8 minutes’ drive.

There is only 3 to 4 minutes’ drive away to Mid-Valley City, with megamall and The Garden’s Shopping Mall where there are many amenities and facilities. At the beginning of 2017, new shopping facilities by other developers are expected to be opened nearby, which is a good time, as The Sphere (shopping complex) will remain and fully closed to pave the way for new developments by the UOA. The new area across the highway from Midvalley with luxury condos and with some reasonable prices with great city views and more services. So far, there is no international school in the area but anywhere on the easy journey from here.

Accessibility and transportation

Bangsar South is easier via Kerinchi Road which connects to Jalan Pantai Baharu, Federal Highway and SPRINT and Kerinchi Expressway; or with Jalan Pantai Permai is connected to the New Highway and Kerinchi Road. There are strategically accessible LRT stations such as Gateway University and Kerinchi within walking distance of the residential building, not to mention the free shuttle bus service that meets the needs of visitors, residents and workers in the Bangsar South road network. Finally, taxis and other private transport services are available to take you anywhere you need to go.

CONCLUSIONS

As a conclusion, we can say that the relationship between walkability and the ever-important Location is a pretty good positive indicator, along with an indicative prices of afore-said ‘highly-walkable’ developments. All types of accessible real estate including retail and real estate apartments generate higher incomes as these investments have the potential to generate returns that are at least as good as walkable as long as they are worthy of rights and developers should be prepared to develop more accessible features as long as they do not need to pay too much premium for more visited locations and related development expenditures.

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