Investigate developer before buying property


PETALING JAYA: Homebuyers and investors should do their own research on the developer’s background before buying a property.

SkyBridge International representative Adrian Un said there are a lot of opportunities in the current property market situation, but purchasers should research on the developers and look for the game changers in the location such as the surrounding infrastructure.

He was one of the speakers invited to share some insights on the current property market in a property talk organised by KLK Land in its Mutiara Damansara sales gallery last Sunday.

The talk received enthusiastic response from the public.

FAR Capital representative Faizul Ridzuan, who has owned over 40 properties to date, shared that his strategies included buying from a reputable developer in a high growth area, investing long term instead of flipping and looking at surrounding connectivity and accessibility.

“Landed property below RM700,000 in the current market is a good buy and security is key,” he added.

klk property talk

KLK Land managing director Datuk David Tan pointed out that facing current market uncertainties, it was beneficial to invite two renowned property market speakers to share their views.

He also shared details on the development at Bandar Seri Coalfields with the audience.

The township has completed the town park and just received approval to set up its own Auxiliary Police team.

The developer is also in the final stages of bringing in a Chinese school and an established private school into the township.

“We have handed over 1,200 units to date and brought in Unifi high speed broadband since last December,” said Tan.

The township is surrounded by NKVE, Latar, NSW, West Coast Highway and the proposed Dash expressway.

The township of Bandar Seri Coalfields sits on one of KLK Land’s largest landbank.

“We will strive to be the best comprehensively planned township in Klang Valley,” Tan added.

KLK Land is offering its two and three-storey shop offices, BSC Central 1, the first phase of its commercial hub with main road frontage below RM1 million and Ixora Residence’s final phase offering 22×75 two-storey terrace homes starting from RM630,000.

The first two phases of Ixora Terraces with 114 units has recorded 80% sales. The final phase has seen 32% take-up rate to date.


News Source: (Star Property)

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