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Friday, October 30, 2015
Security Versus Luxury II
Some people prefer to live in high rise building with many facilities and security. They thought the 24 hours security plus strict floor accessibility and stand by guards are sufficient to ensure they are safe. On the contrary, high rise building even with security guards are still exposed to higher probability for unwanted incidents. I don't really realize this until I made some simple past incidents.
There were many cases where people were robbed while living in an apartment. The most recent case was a woman was robbed in a lift in Setapak Condominium. The condo has a 24 hours security and close circuit TV. Yet, nothing can prevent the robbery. After almost a week, there is still no news that the perpetrators were caught. (http://www.thestar.com.my/News/Nation/2015/10/24/Crime-Woman-Attack-elevator/)
Some bad accidents also happened in high rise building which are hard to control. It could be due to young age, unsound mental health, too tired, and etc.. Some of the news I gather here should be sufficient for you to think carefully. Today, your physical and mental health may be at optimum. How about the next 10, 20 or 30 years?
A man in Malaysia fell eight floors from a condominium and not only
survived after crashing through the carpark roof, but used his mobile
phone to call his father.
The advertising worker had just bruises on his legs after falling
from a condominium block in Bagan Ajam in Butterworth, Penang on Sunday
evening. http://www.straitstimes.com/asia/se-asia/man-falls-8-floors-from-penang-condo-but-survives-mostly-unscathed-calls-dad-on-phone
Foreign student survives fall from condo window
KUCHING: A foreign university student survived a fall from a window
of her condominium unit yesterday onto the ledge of the floor below.
The
victim, a 22-year-old from Mauritius, was found by a female friend
sprawled on the ledge of the fifth floor of the condominium complex at
Jalan Petanak around 11.45am after apparently falling out the window of
her unit located one floor above.
Air stewardess plunges to death from Bukit Jalil condo
KUALA LUMPUR: An air stewardess plunged to her death from the fourth floor of a condominium block in Bandar Bukit Jalil here.
In the Monday incident, Cheras OCPD Asst Comm Chong Kok Sin said the
fully clothed 29-year-old woman was found sprawled face down on the
ground at about 6.30pm.
"There were signs of critical injury on her head and body. She was
wearing a black shirt and black skirt when her body was found. "Initial investigations revealed that she had fallen through a window on the fourth floor," he explained. http://www.thestar.com.my/News/Nation/2015/08/25/Stewardess-falls-from-condo/
Somali man falls to his death at condominium
Published: 20 August 2015 8:33 AM
A
Somali man died after falling from his 7th floor unit at Kondominium
Villa Putra, Jalan Tun Ismail, Kuala Lumpur, about 5pm yesterday.
Dang Wangi police chief, ACP Zainol Samah said Hussein Mohamed Rabi,
44, died at the scene due to the injuries sustained in the fall.
- See more at:
http://www.themalaysianinsider.com/citynews/greater-kl/article/somali-man-falls-to-his-death-at-condominium/somali-man-falls-to-his-death-at-condominium#sthash.oKENHm06.dpuf
New mother falls to her death from 16th-floor condo
KUALA LUMPUR: A new mother fell
16-floors to her death at her Bangsar South condominium, just 10-days
after she gave birth to her first child.
Police said it is believed the 30-year-old accountant handed over her
crying child over to her maid for feeding at about 10am Saturday, and
fell from the balcony of her home while the maid and child were in
another room.
She was found in a pool of blood by security guards, on the ground
floor. She was declared dead at the scene. Police have ruled the
incident a sudden death.
A
Somali man died after falling from his 7th floor unit at Kondominium
Villa Putra, Jalan Tun Ismail, Kuala Lumpur, about 5pm yesterday.
Dang Wangi police chief, ACP Zainol Samah said Hussein Mohamed Rabi,
44, died at the scene due to the injuries sustained in the fall.
-
See more at:
http://www.themalaysianinsider.com/citynews/greater-kl/article/somali-man-falls-to-his-death-at-condominium/somali-man-falls-to-his-death-at-condominium#sthash.SfbThA35.dpuf
A Somali
man died after falling from his 7th floor unit at Kondominium Villa Putra,
Jalan Tun Ismail, Kuala Lumpur, about 5pm yesterday.
Dang
Wangi police chief, ACP Zainol Samah said Hussein Mohamed Rabi, 44, died at the
scene due to the injuries sustained in the fall.
A
Somali man died after falling from his 7th floor unit at Kondominium
Villa Putra, Jalan Tun Ismail, Kuala Lumpur, about 5pm yesterday.
Dang Wangi police chief, ACP Zainol Samah said Hussein Mohamed Rabi,
44, died at the scene due to the injuries sustained in the fall.
-
See more at:
http://www.themalaysianinsider.com/citynews/greater-kl/article/somali-man-falls-to-his-death-at-condominium/somali-man-falls-to-his-death-at-condominium#sthash.SfbThA35.dpuf
The high probability for
bad incidents to happen is one of the main reasons for me to decide not to
invest in any high rise building investment (where both have security). And since I live in Johor Bahru,
lands are still plenty; it is more strategic to invest in landed property than
in high rise property.
Another consideration
you have to think is a landed property development must be completed in 2 years
while a high rise property development must be completed in 3 or more years.
This also means you have to pay more interest to the bank. Although some
developers love to use DIBS scheme, you still lost opportunity for next
investment since you income per expenditure is less while the buildings are
still under development.
Of course if you live in
Kuala Lumpur and Penang Island, you have less choice to invest in landed
property. But, investing in landed property in those areas will give you much
higher return in the long run. But the most important thing is landed property
has less probability for unwanted accidents compared to high rise building.
Some of you may disagree, but that is the reality.
The more important
question is what is your strategy to ensure you can maintain the bank loan
repayment. Anyway, landed property investment should be your next major
milestone if you have not done any yet in Kuala Lumpur, Penang and close
surrounding area. For Johor Bahru, opportunity in landed property investment is
still plenty. Again, what is your best strategy to achieve it!?
Somali man falls to his death at condominium
Published: 20 August 2015 8:33 AM
-
See more at:
http://www.themalaysianinsider.com/citynews/greater-kl/article/somali-man-falls-to-his-death-at-condominium/somali-man-falls-to-his-death-at-condominium#sthash.SfbThA35.dpuf
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