Anybody have idea why it is low price compare to the rest to apartment near there. Pleas advice
Vista Komanwel
Vista Komanwel
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Jan 6 2010, 11:28 AM, updated 15y ago
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#1
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Junior Member
36 posts Joined: Mar 2008 |
Anybody have idea why it is low price compare to the rest to apartment near there. Pleas advice
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Jan 6 2010, 11:36 AM
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#2
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421 posts Joined: Dec 2009 |
low?? it's around rm1k or so...thatz low for you?
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Jan 6 2010, 01:17 PM
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#3
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Senior Member
1,006 posts Joined: May 2007 From: Singapore |
How do you define low? Are you comparing Vista Komanwel with Savannah Condo? Vista Komanwel ranges from 220k to 250k (depending on condition of the house). I just went for a few house viewing, will be buying a unit there as well.
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Jan 6 2010, 01:22 PM
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#4
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169 posts Joined: Apr 2007 |
because it is the oldest condo among the bukit jalil area. Facilities and maintenance wont be as great as the newest ones, Savanna/Covellia etc. Old Age is definately one reason.
If you look slightly further, those Green Avenue, and Green Field, they are all not as expensive too. |
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Jan 6 2010, 03:20 PM
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#5
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Senior Member
3,820 posts Joined: Jan 2009 From: Land of the Hornbills & Land Below the Wind |
Does Vista Komanwel commands higher rental? I mean Block C (is it block C?) the block facing the entrance which face the IMU.
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Jan 7 2010, 11:21 AM
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#6
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36 posts Joined: Mar 2008 |
QUOTE(chess_gal @ Jan 6 2010, 01:17 PM) How do you define low? Are you comparing Vista Komanwel with Savannah Condo? Vista Komanwel ranges from 220k to 250k (depending on condition of the house). I just went for a few house viewing, will be buying a unit there as well. the price seem low for cause some lot with 1.5k+ squarefeet with price 230k and 1k squarefeet for around 200k. Price is quite interest and plan to invest there. How about the rental ?Added on January 7, 2010, 11:22 amAnybody have suggestion/opinion on kinraramas condo? This post has been edited by sumoshaman: Jan 7 2010, 11:22 AM |
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Jan 7 2010, 12:06 PM
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#7
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Senior Member
1,006 posts Joined: May 2007 From: Singapore |
Those 200k are usually auction property or sold out. some of the agent's trick to deflate the price to get attention.
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Jan 10 2010, 01:12 PM
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#8
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Junior Member
183 posts Joined: Dec 2009 |
Vista Price is low coz the condo is lousy
Maint not good, upkeeping not good and workmanship not good a lot of unit is leaking...... the onli good think is the rental can cover ur bank loan coz of IMU. one fully furnish unit can go for RM 1500 (c/w ac, fridge, tv, and all.... just move in all ur 2nd hand furniture) so u can invest for rental yield but NOT for capital appreciation. For rental yield, u hv to pray that IMU will not move out. if u aim for capital appreciation forget about VC. for a basic unit 12xx sq ft the developer price ~15 years ago is Vista A -- RM 230k Vista B -- RM 260k Vista C -- RM 290k now secondary market all go for ~200k, pls dun be trick for the old furniture, old AC. Pls think rationally, are u going to pay 20k for all these antics ? and they are doing repainting now, but pls remember repainting will NOT increase the property value. it onli make it more appealling. Just think rationally, can u just paint ur old hse and increase the price by 30k ? or repaint ur old proton wira and increase the price by 10k ?? So u get ur bullet, go and bargain a good deal. |
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Jan 10 2010, 02:34 PM
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#9
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia |
fyi, mont kiara pines condo repainted. value shoot up by 70K.
not sure will work for vista commonwealth |
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Jan 10 2010, 03:51 PM
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535 posts Joined: Nov 2007 |
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Jan 10 2010, 04:17 PM
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia |
well, 4 months ago was cheaper by rm70K. when start painting or facelift no idea
This post has been edited by airline: Jan 10 2010, 04:18 PM |
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Jan 11 2010, 12:37 AM
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183 posts Joined: Dec 2009 |
not sure about repainting in mont kiara. but 4 months b4 and now a lot of different......
anyway for vista it is the same, u can bargain for 200k (12xx sq ft) unit regardless of the painting |
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Jan 11 2010, 11:45 AM
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32 posts Joined: Dec 2009 |
Well, I personally think that repainting will likely to have a positive effect on the condo's price. Very simple - first impression counts for a lot of property buyer, be it investor or for own stay. If the building is completed repainted, it will surely make a hell lots of difference, at least psychologically.
The only question is how much positive effect on the price. To say there will be no impact at all, I think it's a bit unlikely. I have personally seen at least one condo where price appreciate by about 25% after repainting, over few months time. As with repainting a car, I can't understand why repainting a car will not make any difference in price. Surely it will command at least 1-2K better price? If you are a car buyer and you have two same car, model, year in front of you, only difference is one is original paint 5 years old, the other brand new paint. Which one would you choose? The demand for the brand new paint car will be higher, hence naturally its price will be higher - simple economics. |
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Jan 11 2010, 09:22 PM
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183 posts Joined: Dec 2009 |
for me painting is to improve the appealing.
if u wanna make econonmic sense, u pay more for better spec. like u pay more for a higher cc car, pay more for a bigger hse, etc...... think about it, u pay more for a repaint old car, what extra u get, nothing. Back to vista, painting of an 15 y/o condo is something basic, the econonmic sense is u dun buy if it is not repainted, u onli consider buying at the standard price if it is repainted. Y sud u pay more for the repainting ? wat do u get ? this is china man economic..... |
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Jan 12 2010, 11:18 AM
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24 posts Joined: Jan 2007 |
For potential tenant who looking for this place, may also want to check out other place that near LRT station.
http://malaysiahome.blogspot.com/ |
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Jan 22 2010, 03:50 AM
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458 posts Joined: Jan 2003 |
to get good appreciation for housing property, i will go after house or link house, not condo or apartment. Sure, those 400k+ highend lifestyle condo may get appreciation but i don't get a budget for that just for renting out. Please tell me a condo which has quite an acceptable value, near LRT, beside a school (full of renting demand), and a nearby school (APIIT) in TPM, convinient highway access, 2 hypermarkets near the premises, bukit jalil reserve park in walking distance, secondary school in sri petaling (there is a chinese primary school is in the plan to be build in sri petaling, it will definately increase the price further)....
Well, pray IMU not moving? do you know how much IMU has invested into its current premises? They just renovated the whole building, I can forsee IMU will be there another 30 years+ until they grow beyond this area can't cope with it anymore! I am actually thinking to get another unit in vista komanwel block C because i have 1 that has never empty occupied in the last 7 years and thanks tenants help me to pay my morgage, they have place to stay when they are building thier life career while i get my property, i think it is fair deal....thats why i give so many reasons (wife always thik about buying another high end house and rent out the current link house) for myself to buy 1. edited: one last thing, VK freehold title is out thats why price has increased. when u r getting one, make sure to ask the seller do they the title. if you do it yourself, it is a few thousand ringgits usually around 4-7k. This post has been edited by huix: Jan 22 2010, 04:00 AM |
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Feb 16 2010, 11:49 AM
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Junior Member
39 posts Joined: Sep 2009 |
hows the traffic during?
- peak hours? - concert/events at stadium bkt jalil? any hinters? I am looking for a unit there. thanks. |
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Feb 17 2010, 12:58 AM
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171 posts Joined: Apr 2008 |
Traffic is ok no matter how jam is it. Max 20min to stuck in the jam
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Feb 17 2010, 10:00 AM
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39 posts Joined: Sep 2009 |
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Feb 17 2010, 11:08 PM
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Newbie
3 posts Joined: Dec 2009 |
hey everyone,
i'm looking for 1 unit in vista komanwel as well. any interested seller, do pls pm me. i'm not an agent. tq nik This post has been edited by bornYesterday: Feb 17 2010, 11:08 PM |
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