Paramount buys land, 93 condominium units in KL for RM145 mil
Paramount Corp Bhd (KL:PARAMON) is acquiring a 18,317 sq m leasehold land together with a residential development comprising 93 units of low-rise luxury condominium in Taman U-Thant,
We are the exclusive marketing partner of LelongTips.com.my.
We display updated listings of auction properties in Malaysia and provide FREE assistance service for enquiries by telephone or online. Our below market value listing would benefit your property investment as well as for your own use.
KUALA LUMPUR: THERE are many alternative investments besides
stocks and bonds to help you achieve financial freedom when you retire.
If you are into properties, you can either invest in a real
estate trust or buy a house and become a landlord by renting it out and selling
it for a profit in the future. But buying a house can be difficult when you
have little or no knowledge about the property market.
Many people, especially first-time buyers, make the mistake of
buying a house immediately after walking into a sales gallery and listening to
the sales person talk.
A buyer’s decision-making cannot be based only on what the sales
person is saying.
Knight Frank Malaysia senior manager of international project
marketing Dominic Heaton-Watson suggests doing a bit of research first before
signing the sale-and-purchase agreement.
Five things to pay
attention to before buying a property for investment:
• Research the location
Look at the transport connectivity and proximity to the central
business district, and education and shopping centres. Will this become better
in the future?
• Research the market
Ask who the target audience will be; what level of supply and
demand is there? Understand the trends both now and in the future.
• Research the developer
Look for reputable track record in delivery and
specifications/finishes.
• Research the product
Learn what finishes and amenities are expected and/or should be
provided.
• Seek expert advice
Get the
best of both worlds - seek global advisers with local expertise - not just on
price, but also on how best to furnish, let and manage your investment
professionally. Trust and confidence in your adviser will help settle any
question/service you may need.
Paramount Corp Bhd (KL:PARAMON) is acquiring a 18,317 sq m leasehold land together with a residential development comprising 93 units of low-rise luxury condominium in Taman U-Thant,