Malaysia Money Matters

I found a small commercial unit with an asking price of below 100k. Possibly something to buy in cash, no hassle with loans. However, it is in a fairly low cost area so capital appreciation might be a challenge? But the returns are decent at 7% based on the current rental being paid by the tenant against the asking price of the property. Of course if the rental was raised and the price is bargained down, the return increases. Going to view the place soon, hope it is a good deal.

The location for this development by the Beverly Group seems kind of good, at the main crossroads of Jln Setiawangsa, Jln 34/26 and Jln Mohd Yatim Yahaya. It is diagonally across Riana Green East and opposite Infinity 3. Freehold. Yeah! There was a soft launch and the showhouse looks like it's almost ready. Would be something I'm interested in as an investment. It is fairly low density at 428 units. Close enough to walk to the Sri Rampai LRT station - although if the developer is smart, they should offer a shuttle service to the station during rush hour, or be innovative - hire some mat rempits to make some extra cash in the morning ferrying people to the station LOL The crossroad is being upgraded and expanded right now to alleviate the heavy traffic jam at the traffic lights, so should be better flow in future (haha who am I kidding, it will only be smooth for a while before more and more people move into Seasons Garden, Irama, Infinity and the new block at Rian