Property Investment Sector Still has Upside

Real estate investors should look at the positive side during the current economic uncertainty, as there is still some upside in this sector.MGPA (Bermuda-based real estate investment company) invest RM2 billion in real estate market.

Construction cost is now at a moderate rate and with careful selection of property investment, MGPA still can make benefit. MGPA will invest RM2bil (including acquisition and construction costs) in The Intermark.

The amount involves the complete refurbishment of 62-storey landmark grade A office building Vista Tower (formerly known as Empire Tower), a new international grade A office building Integra Tower, retail centre Intermark Mall (formerly known as City Square) and Malaysia’s first Doubletree by Hilton Hotel.

MGPA – through it’s Asia Fund 2 – acquired the Empire Tower, City Square, the Crown Princess Hotel and Plaza Ampang in 2007 for about RM760mil. Read more »

How To Buying Investment Property in Smart Way

Many people think of make money through investing. Many turn into real estate investment. How to Buying Investment Property in Smart Way? Buying Investment Property base on personal financial goals. What kind of property investment you need in real estate industry? Just to make money quickly or build long-term wealth?

For short-term investment, perhaps the best strategy for you would be looking for buying investment property that you can transform and sell easily and quickly. This is call flipping. It can be more effective if you look for houses that more run down than they really are. And only need few cosmetic changes to be made in order to greatly enhance their resale value. If you are first time property investor, you can refer to previous article “Property investment for beginners”

For build long-term wealth or increase your monthly income, perhaps you should consider buying investment rental property instead. Buying a property at a very good price, then make the changes needed to bring them up to market value. You will also need to do your property investment market research well in advance to determine that the rental value of this property will meet your expectations when all improvements are made though. Monthly rental income should more than cover the monthly mortgage loan payment. Read more »