Isnin, 24 Julai 2017

Should you invest in high-rise or landed properties?

Landed property or apartment, this is the question always surround property investment scene or homebuyers. It is also the most commonly asked question. Landed property usually is larger and provided more room for families whereas high-rise property is smaller and has limited room for families. Some say the apartment is inconvenient because it is high-rise and far away from car park. Some argue that landed property is not as safe as apartment because it is easier to access. Some might also say that maintenance of apartment is higher. There are some truths to these statements, but these are not all of the truth. Regardless of what type of properties that will trigger your interest, make sure to make use of home loan calculator in Malaysia to avoid stretching out your financial. Here are the key areas that you should pay attention to when looking at the landed property.


Landed property or apartment, this is the question always surround property investment scene or homebuyers. It is also the most commonly asked question. Landed property usually is larger and provided more room for families whereas high-rise property is smaller and has limited room for families. Some say the apartment is inconvenient because it is high-rise and far away from car park. Some argue that landed property is not as safe as apartment because it is easier to access. Some might also say that maintenance of apartment is higher. There are some truths to these statements, but these are not all of the truth. Regardless of what type of properties that will trigger your interest, make sure to make use of home loan calculator in Malaysia to avoid stretching out your financial. Here are the key areas that you should pay attention to when looking at the landed property.   The location   The area within which the property is located is of utmost importance because it can determine things such as security and convenience amongst many other important factors. It can also determine the kind of atmosphere you enjoy, especially for residential properties. Always look out for the perfect location that meets your preferences. Also important to find out is what the neighbourhood has to offer. For instance, does it have good schools, hospitals, and shopping complexes or do you have to drive far off to find the services that you need?   The interiors.  Are they spacious enough for your liking? The size can determine plenty of factors such as how fitting it is for you or your family and the items you own and wish to have. The larger the interiors, the more convenient you will find the property to be. If the landed property you are looking at comes with appliances and fixtures, consider how functional, they are or whether you need to make any replacements and repairs. A well-maintained property should give you an easy time settling down without incurring any further costs.


The location

The area within which the property is located is of utmost importance because it can determine things such as security and convenience amongst many other important factors. It can also determine the kind of atmosphere you enjoy, especially for residential properties. Always look out for the perfect location that meets your preferences. Also important to find out is what the neighbourhood has to offer. For instance, does it have good schools, hospitals, and shopping complexes or do you have to drive far off to find the services that you need?

The interiors.

Are they spacious enough for your liking? The size can determine plenty of factors such as how fitting it is for you or your family and the items you own and wish to have. The larger the interiors, the more convenient you will find the property to be. If the landed property you are looking at comes with appliances and fixtures, consider how functional, they are or whether you need to make any replacements and repairs. A well-maintained property should give you an easy time settling down without incurring any further costs.

The layout.

The fact is that most landed properties will come with more than one unit. For this reason, the layout of the property matters. You, of course, want to have a unit that offers you some privacy and relaxation, even though you have neighbours. Find out how possible, such private moments are by looking at the layout of the property. Still, on the layout, consider things such as car parking lots designated for each unit and how convenient that are for you.

Freedom of land

Landed property is usually associated with owning a land and the freedom to do anything you want at any time on your land. However as an investor, through capital appreciation or rental income, you need to think if these factors could contribute to the rate of return? Probably this is best explained in the third point.

Not an ideal rental property

Landed property is always higher in price and monthly instalment. To generate positive cash flow, you need to at least rent it out for RM 3000 and above. Probably you don't think this is too much if the tenant has family and children and they need bigger space to live in. But do you think they would rather rent the place instead of buying it on their own?

Landed properties tend to appreciate more in long term

This is not new as the scarcity of the land will drive the property price up in a more phenomena rate in the long run. In contrast, apartment or condominium unit doesn't appreciate as much as land properties simply because the "land" is divided into so many smaller parcels. The appreciation, if any, is simply spread out to all the unit owners. Another factor probably has to do with land reuse cost. More cost is involved in reusing the land with apartment built on compared with a landed property that is usually 2-3 stories tall.

Security.

One of the reasons people like apartment or condominium is because of security. Since apartment consists of many units in a building block, it makes it harder for targeted attack or robbery. If the apartment is high rise building, it will be quite rare for casual break-ins as well. In contrast, landed property owners need to invest quite an amount of money into home security system such as the auto gate, alarm system, window/door grill, etc. Even fully equipped, landed property still risk the higher possibility of casual/targeted break-ins and robbery. However apartment security is not fool-proof as well, one example lies in security personnel were not scrutinized enough or too lenient to stranger visitors.

Property life expectancy

A well-built landed property can last for twenty to thirty years or more without question, however, due to the young age of Malaysia and shallow high rise living experience, no one can tell exactly how long can an apartment or condominium last. In common sense, the value of apartment building will start to depreciate only after a certain age; this usually happens when the building is deemed unsafe to live in. Also, there has been news that Malaysians just can’t seem to be able to keep a place well maintained.


Visible maintenance cost for the apartment - Usually maintenance cost of the apartment is proportion to the size of the unit. The larger the apartment unit, the higher the maintenance cost. Depending on the variety of facilities provided and the quality, usually, maintenance cost per square feet is around 30 to 50 cents, which is RM300 to RM500 for a 1000sqf unit. Landed property owner does not pay maintenance cost, but they do need to pay for whatever exterior maintenance required such as paintings, roof repair, ducts, lawn mowing and miscellaneous efforts to keep the surrounding in proper condition. However, with some due diligent, maintenance of a landed property can be much lower than of apartments'.


The facilities.

Landed properties nowadays come with almost all the facilities you could need, but there remains a need to look at what you have available. The most common facilities include the gym, swimming pools, gardens, playgrounds, hot spas and sun decks. Relate what the property has available to you to what you consider most important so you can get the best.

Other areas that you can check out when looking at the landed property include the electrical wiring, plumbing, security features and availability of essential amenities such as water. Whether you are purchasing or renting the landed property, these factors are always important to consider keeping future regrets at bay. When buying, it is advisable to keep off properties that seem like they obviously need a major face lift. Fortunately, today it is very possible to find new and well-maintained landed properties that easily put your worries to rest.

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14 comments

perkongsian yang bagus ni

perkongsian info yang bagus

Antara apartment dan rumah tanah, yg plg berbaloi semestinya rumah tanah. Tp dengan harga yg sgt tinggi membuatkan ramai beli jenis rumah apartment/kondo walaupun rumah tanah lg menguntungkan pada masa hadapan.

im most care abt that 3rd point - freedom of land

buat masa ni invest thru emas je mampu..insyaallah soon nak jugak invest dlm hartanah..minat tu ada ilmu je masih cetek yang amat

yes, locations and all facilities are very important .. :)

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Munking kerana kos yang lebih tinggi untuk rumah tanah dan juga kekangan kewangan menyebabkan ramai memilih apartment sahaja.
Jika di lihat pada harga pasaran sekrang juga agak jauh berbeza antara rumah tanah dan apartment.

Tak apa..mungkin memerlukan masa dan ilmu lagi.
Sama juga dengan AM juga masih lagi mencari-cari land n house tetapi kewangan yang menghalang sekarang.

Invest dalam gold juga sudah 2 tahun tak membeli kepada isteri. Biasa AM akan membeli gold kepada isteri untuk di pakai pada hari perayaan.

Betul..Jika anda mampu untuk membayar dengan harga yang lebih itu adalah pilihan yang tepat..

lebih suka invest pada landed property tapi sekarang ni harga landed property pun tinggi. Kena jenguk2 juga tentang high rise punye pula. Terima kasih atas info berguna ini.

Risiko perlu di nilai juga untuk apa2 pelaburan..


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