Wednesday, April 08, 2009

What Can $150,000 Buy In Global Real Estate?

With the global credit crunch spiraling into an economic crisis, here’s what $150k can buy you right now around the world. Taken from www.matadorlife.com

http://matadorlife.com/what-can-150k-buy-in-real-estate-around-the-world/
Argentina: Centro, Buenos Aires

USD Price: $149,000

Bedrooms: 2 Bathrooms: 1

Notes / Link: This place is fully remodeled and right in El Centro,

2 blocks from Teatro Colon.

Chile: Villarrica, Region 9

USD Price: $110,000

Bedrooms: 3 Bathrooms: 3

Notes / Link: This house is in the town of Villarrica, and has world-class

back country terrain all around.

Russia: Chystye Prudy Area, Moscow

USD Price: $152,000 (approx.)

Bedrooms: 2 Bathrooms: 2

Notes / Link: Right in the center of Moscow.


South Africa: Jeffrey’s Bay, Eastern Cape

USD Price: $152,200 (approx.)

Bedrooms: 5 Bathrooms: 3

Notes / Link: This pad has a barbecue, garden, and you’re close to one of the

sickest surf spots in the world.

Australia: Deniliquin, New South Wales

USD Price: $144,400 (approx.)

Bedrooms: 5 Bathrooms: 3

Notes / Links A full on 27-acre farm near the town of Denliquin.


Portugal: Evora, Alentejo

USD Price: $150,500 (approx.)

Bedrooms: 2 Bathrooms: 1

Notes / Link: in sweet village of Viana do Alentejo.


Indonesia: Lovina, Bali

USD Price: $107,000 (approx.)

Bedrooms: 4 Bathrooms: 2

Notes / Link: A straight-up private villa on Bali with mature palms / banana trees

and some kind of ’split level swimming pool’. Ridiculous.


Croatia: Porec, Istria

USD Price: $150,700 (approx.)

Bedrooms: 3 Bathrooms: 2

Notes / Link: A 3-bedroom apartment with beach only 3 minutes away, along with

the yacht marine of Cervar village.


Czech Republic: Prosek, Prague

USD Price: $144,000 (approx.)

Bedrooms: 2 Bathrooms: 1

Notes / Link: A newly renovated apartment with 74 m2 of living space and a

6-minute commute via subway to the city center.

New Zealand: Foxton

USD Price: $125,500 (approx.)

Bedrooms: 4 Bathrooms: 2

Funky designed 4 bedroom home.


MALAYSIA

Suasana Loft, Kuala Lumpur
KL Sentral
Suasana Loft, Kuala Lumpur
RM500,000.00, RM556.79 per sq.ft. / RM3,200, RM3.67 per sq.ft.


QuikPro No: UP289859
Property Type: Condominium
Tenure: Freehold
Title Type: Individual
Built-Up: 898 Square Feet
Asking Price: RM500,000.00
Price psf RM556.79 per sq.ft.
Rental Price: RM3,200
Rent Price psf: RM3.67 per sq.ft.
Bedrooms: 1+1
Bathrooms: 1
Maintenance Fee: RM0.30/Month
Situated: Intermediate Unit
Occupancy: Vacant
Furnishing: Fully Furnished
Posted Date: 11/3/2009
Facilities: Barbecue Area, Covered Parking, Gymnasium, Playground, Sauna, Swimming Pool, 24hr Security

BKT SEGAR JAYA, Kuala Lumpur


Cheras
BKT SEGAR JAYA, Kuala Lumpur
RM550,000.00, RM255.81 per sq.ft.


QuikPro No: UP302763
Property Type: 3-sty Terrace/Link
Tenure: Leasehold
Title Type: Individual
Land Area: 20X70
Built-Up: 2150 Square Feet
Asking Price: RM550,000.00
Price psf RM255.81 per sq.ft.
Bedrooms: 6+1
Bathrooms: 6
Maintenance Fee: RM68.00/Month
Situated: Intermediate Unit
Occupancy: Owner Occupied
Furnishing: Partly Furnished
Facing Direction: South
Posted Date: 6/4/2009
Facilities: Jogging Track, Mini Market, Playground, 24hr Security


p/s To be fair, I would rank those properties that are in or near city centers to be worth comparing. The ones in Deniliquin in Australia and Foxton in NZ are so out in the woods - its like buying a place in Bidor or Yong Peng. The ones in Buenos Aires and Bali are execptional.

3 comments:

Syamsulfaiz said...

Interesting facts !

No chic pix for this posting?

Philip Lee said...

What about property prices in Penang that has not dropped too much?

Eric How, said...

Bro,
Still a room for futher drop. exp. in KLCC area.
I'm in mortgage line, current economy circumstances not the time to purchase any new property. But time to refinance, better still can be "cash-out" for stand-by purposes. All this because of LOW BLR & "minus" rate on that.
KL Sentral,Suasana Loft sound not a good buy for me. Half Mil 898s.ft Condo means not a mess market, appreciation of the ppty is limited(condo). unless price above 1 Mil. "High end" ppty stand a better chance.
Cheras,BKT SEGAR JAYA stand a better chance compare Suasana in term of appreciation. Landed ppty always worth invest then a hole in the air.
But for landed ppty, gated community is the future trend. Look at eco-park(Setia Alam), Setia Walk (Puchong).....etc
Current 5/95 scheme is good to purchase any SP Setia's project. But still cost me a bomb(P/S: I'm poor)
SIME Darby recent "
parade of Home 3" is far behind very expensive la. Ara D'sara cost you 600K for a 1000+- condo?Bloody hell you have to go in there passby a stupid "tunner". OMG! Location is bad la.