Tuesday 18 September 2018

A Landed Property at last

As the year ended in 2018, the final buying was for the landed property in Sunway Iskandar.

It was a tough battle between a fukuoka apartment that cost $35k for a nett 6% return and a leveraged 85% landed property in neighbouring iskandar malaysia. Earlier I have written-off Iskandar Malaysia as an investment spot due to the large uncertainty and oversupply of high-rise in the development. Nearby, Prima Nusajaya faced some issues with developers not building and handing over the house in time, causing huge distress to the buyers.

Fast forward, Sunway has entered Iskandar with great concepts and completing Citrine Hub, the township seems to be on its way to becoming a hub for locals to come to shop. The hub is also accessible by causeway link to Singapore and Bukit Indah, making sure connectivity is not compromised, a sure recipe to success.

We stayed in Taman Sutera and the vibe was great with lots of young people, but the grab drivers that we hired hardly know about medini / iskandar, but they know Sunway.

This year I bought the Landed Superlink Terrace. A landed at last. This link house is the cheapest estate in medini. For the price of a 3 bedroom condo, you get a landed linked house that comes with Sunway Security. I think, this is a property which has limited downside.

This is for own stay, as well as it would appeal to students and family and faculty of Sunway International School.