Mines Waterfront Business Park – Promising resort stylishness corporate structure viewed serenely along the shores of a 150 acre lake with the most unique and exclusive lavish landscaped. It is an amazing commercial park established at growing KL’s southern corridor with convenience access via dedicated highways. Mines Waterfront Business Park is centrally located within 20 minutes to KL City Centre and 30 minutes from Kuala Lumpur International Airport (KLIA) Sepang, 15 minutes from the New Administrative Capital of Malaysia at Putrajaya and Cyberjaya.
It is well connected by seven (7) major highways:
In general sense, people purchase property for the purpose of owner occupancy or investment. They are known as “home owners” and “property investors”. In this article, we shall take a closer look at the core differences between these two types of property buyers and the strategies that best catered them. It’s important for you to identify the category you fall into, before purchasing property.
In layman term, “homeowner” refers to people who buy property to live in (and not to rent it out). They consist of people who have the intention to stay in their property for long-term (longer than 10 years) with emotionally driven purchases. On the other hand, “property investor” refers to people namely landlord or property buyers keen on resale. These property investors usually do not reside in the property they purchase and if they do, it will not be long before they re-sell it once prices peak in the short-term (less than 5 years). They are normally more focused on profit above all, without being emotionally driven.There are a range of factors for property owners and home-owners to tackle differently.
Real estate possesses the potential to double or even triple in value over the course of one year which makes it an impressive method to invest our funds. Most intelligent investors already come into realization that real estate is the perfect choice to pursue if one’s goal is to establish a stable income stream, whereby only increases with time.
According to Dr. Lee Ville, Director of New Bob Group, “Real estate investment is an ideal way to boost your personal wealth should you able to produce the initial investment , whereby goal is to generate as much money as possible while subsequently prevent potential pitfalls. Regardless of rental property or flip houses, with real estate investment, you are definitely one step ahead to financial freedom”, he said.
Real estate investment is undeniably one of the most secured form of investments in securing one’s wealth. It possesses the capacity to appreciate in value overtime, even as an effect of economic fluctuation. And is unlike stocks and bonds which are more volatile and susceptible to recession, a scenario encountered in 2008.
According to Dr. Lee Ville, the director of New Bob Group, “Real estate is an asset which can react proportionately to inflation. When inflation strikes, house values and rental automatically go up simultaneously . It will only appreciate in the long term, after 10-20 years. Hence, investors are not likely to lose money via this investment but instead generate profits through acquiring, selling and renting of properties”.
With Malaysia’s booming economy and globalization, there is an influx of expatriates from various countries to our country. Georgetown is rapidly becoming an expatriate hub for its highly industrialized economy. To date, Penang has drawn numerous MNC companies into investing in the state comprising Dell, Intel, Motorola, Altera, Seagate (to name a few) centered in Bayan Lepas Industrial Zone area.
Due to the large number of MNC companies, it creates a huge demand in the market for serviced apartment among expatriates on work-affiliated assignments seeking for short stay. This causes undersupply issue with the inventory shortage on that aspect. Therefore, service apartment or short term rental is generating higher rental income when compared to rent from residential property.