How To Rent Properties In KL City Center, Malaysia
filed in Real Estate on Sep.24, 2009
Malaysia is one of the top countries for buying a second home, due to the low cost of living and high quality of life. The lush tropical forest of this booming South-East Asian country will give you all year long summer, yet cozy and refreshing rain pour occasionally. Furthermore, there is no lacking of amenities, as you can find some of the world’s largest shopping malls and tallest office towers.
If you intend to live in this beautiful country, getting a property here is the best way to start with. The reason is the local government is offering foreigners easy stay Visa for purchasing property that is RM250,000 (exchange rate $1 to RM3.50) and above. Furthermore, via MM2H (Malaysia My Second Home) programme, one can live in this country for indefinite time on a special Visa, providing you meet the guidelines.
The preferred expatriate location is properties in KLCC, the Malaysia equivalent of Manhattan New York. You will find plenty of amenities in the vicinity, such as shopping malls, night clubs, health centers, offices, and a gigantic beautiful KLCC Central Park (similar to New York Central Park). Retiring in the heart of the city, you can be rest assured that your investment is always safe and intact.
Property choices wise, you should consider The Oval, a luxury condominium completed in early 2009 consists of two blocks of 41-storey condominium that is the East Tower and the West Tower. These two towers house a total of 140 units with two types of layouts, the Sky Villa which is 3,750 sf and the Mansionary Villa which is 7,600 sf complete with full condo facilities. This condo sits on a 2.14 acres plot of freehold land.
Alternatively, properties in Mont Kiara, also hotly in demand by expatriates due to many popular international schools in the area. Life in this part of the country is less hectic compared to KLCC area. Besides, there is no lacking of amenities and public transportation in the area. Just within walking distance, you can find Solaris @ Mont Kiara, a one-stop shopping mall for your daily needs.
Top choice of properties in Mont Kiara is, Kiaramas Ayuria, a luxury condominium that comes with quality finishes with creatively designed layout. The ceiling height is 10 feet with 8 feet high windows and doors. The spaces are quite pleasant and comfortable. Plus the rooms, kitchen and dining rooms are well positioned. The walk-in-wardrobe in the master bedroom and an extra-large bathroom with long bath and shower cubicle. Kiaramas Ayuria is very nice, and it comes with a great price tag. Though the residents there are potentially exposed to traffic congestion, the area is still a great location for investments. If you can stand the traffic, then it is worth it to buy for your own stay but if you can’t, you can always rent it out for a good price.
Mont Kiara has been coined as the “Beverly Hills of Malaysia”. Real Estate in Mont Kiara are highly sought after due to the prestigious postcode address. Not many local citizens can afford to own a property in this enclave. Properties here are reserved for the privileged and high net worth individuals.
Generally, properties in Kuala Lumpur (Malaysia’s capital city) are priced much cheaper compared to its neighbors, such as Bangkok. If you could afford to fork at money between RM500,000 to RM1.5 mil, you would be looking at many options of high quality luxury condominiums and bungalows. With such an affordable price and friendly government policies, your ideal investment plan can be easily achieved.
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