The answer lies within the next question. Why do u think expats would rather rent 3k in Seri Maya when they can also opt for the same or get a better deal in Bangsar, Ampang and MK? WHat brings these expats to Jelatek area which is never a traditionally popular expat joint before Seri Maya was built?



Hillpark price increase is not even close to PP. U can still get Hillpark for less than 220k now, but a 2 bed unit in PP now cost >350k. Its technically the same area but the gap in pricing is huge. Why do u think BS and PP can enjoy such premium over Hillpark?


Students is not the main factor mate, its bad maintenance. In fact I have few foreign tenants who r students themselves and they pay me nothing less than 1.8k p/m for a 3++sqf studio. A student that pay's rent on time is just as good as any other tenants.

As my knowledge might be rather limited, please do share with us if you come accross a property that price is stagnant over the past 10 years that fullfills the following criteria :

1. Well maintained
2. Filled with foreign+local students



p/s : Out of curiosity, do you actually own a condo/service apartments walkable to any LRT or monorail stations?

This post has been edited by Pai: Nov 13 2009, 06:34 PM

Far or not, will depends of the tenant's workplace/uni etc. Thru enuff that Zest is further away from the city center, but low budget profesional expats will have tendency to opt for cheaper alternatives as long as its just as covenient. Should Seri Maya is priced at 3k when 3 years down the road, we could price Zest at 2.2k per month and tenants save Rm800 every month should they opt for Zest.

The key here to have the LRT station within walking distance so its still convenient enuff.....


Again, PP will always command a premium over Hillpark as its walkable to LRT station. The 100k surge IMHO is due to surge in rental values. Condo's walkable to LRTs will always2 commands a premium is both rentals and asking prices.

FYI, a fren just sold his semi furnished 10++/11++sqf Phase 5 Hillpark at 220k just 4-5 months ago..... so think Im not generalizing.


For studio's nearby LRT like Maytower, Casa Mutiara, PP and Amcorp, there's a decent supply of students and young profesionals. Mind you these r not local tenants.

I own nothing in the areas u mention above. But I do have some small properties all nearby/walkable to LRTs that r doing above 10%-15% yields. So pardon my optimism on Zest's future prospects due to the LRT factor as Im just speaking from my experience

Peace out

was hoping for an entree level 3-series instead..............guess have to wait longer

Good to know that TT delivers great showunit but would be happier if they delivered great end products instead. Hopefully its like u pointed out, WYSIWYG.

Must drop by to see the showunit this weekend. Who else is coming?

king size bed allows more adventurous moves n maneuvers

im probably going this Sat..........sunday a bit bz...............


btw, u all better pray that the unit on top of yours is not Backkom's, else.....................

This post has been edited by Pai: Nov 18 2009, 05:54 PM

boss if u got info pls share2

dont worry, u can sell you unit to me if you dont want it. I'll pay your purchase price + transfer cost, OK

everyone oso want to potong my deal......

Think its not fair to compare ACTUAL unit in Ameera VS a Zest SHOW-UNIT. Lets be realistic peeps

how much?

Think that Zest was never marketed or sold as a high end product. Its the reason why a massive 600 ++ units were sold in a year. Have a look at similar products recently launched in Puchong (or currently selling for that matter), its not difficult to see why Zest owners r fairly optimistic at a 400k subsale price prospects.

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Added on May 2, 2010, 12:31 pmChief,

One can can get a old 2000sqf DS in ss2 for only 500k, yet 5-Stoned sells out at double that price. Why do you think this is happening?

This post has been edited by Pai: May 2 2010, 12:31 PM

My fren, I did not compare 5 Stoned to Zest. Its 2 diff properties targetting 2 diff segments.

I was responding to gamenoob's query on highrise value/appreciation VS its landed counterpart within the same vicinity and ask him/her to draw a conclusion?

so boss at what point do you think it will be a "wish dream"?

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Added on May 5, 2010, 12:36 pmI think you should read my post again, and more carefully this time

This post has been edited by Pai: May 5 2010, 12:36 PM

I did not point out SS2 landed VS 5 Stoned to get anyone to draw a comparison for BK9 landed and Zest. Some facts on 5 Stoned (do correct me if the facts here is incorrect) :

1. Sells at 100% premium, psf wise VS the SS2 landed. Which hereby refutes your claim that landed will always be more expensive than highrise?

2. Is just a typical medium densitied condo with large facilities area but sold at a high premium by a premium developer? A glance at 5 Stoned and I dont see any unique proposition that makes me wanna fork out that much. Dont see much of fancy smancy snob factor.

Yet 5-Stones sells well and Puchong's SW..............still sells............ both a beyond normal logic prices (VS landed nearby). Ask yourself why...............

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Added on May 6, 2010, 11:04 amU should if u dont have a POV.

This post has been edited by Pai: May 6 2010, 11:04 AM

again chief, my example of SS2 DSL n 5-Stones is just ............ an EXAMPLE. U asked previously on what is the corelation between landed and highrise, and I just pointed out an example that seemed to me the closes comparison to gives us............. simply more food of thought, not answers. If you think its absurd, feel free to stick to your POV forever if thats what you want to believe. Afterall, your POV is limited only to what you know.........

Like u, I used to think that highrises appreciation will never beat landed ones .............. until 12 months ago. Now I felt that generally over short and medium term, highrise can be more than a match VS landed. If you know where to look, you'll find at least 5 highrise development that will refute your claim above.

Back to this Zest, I've always maintained that its price will be tagged closely to other Puchong's high rise developments, not so much to its landed counterpart in BK9. Both targets diff segment afterall, so why crack your head comparing these 2? Just look at SW's, IOI's Skypod current price for similar 3 bedrooms, then ask yourself if 400k for a 3b Zest unit seems reasonable in 2012?

Cheers mate

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Added on May 6, 2010, 7:00 pmNot my fault if u cant comprehend?

This post has been edited by Pai: May 6 2010, 07:00 PM

Fair enough, and lets agree to disagree. Have to say while we have different POV, its good to be able to engage you in a civil debate without going overly emo. Good stuff.

Anyhow when I initially entered into Zest, was planning to flip it at 280k. (such low expectations ) Now the target moves to close 400k. Have this strange feeling that upon VP my target will be revised upwards.....AGAIN

Chief, didnt actually missed out on Sierra, had the opportunity to buy a unit at slightly below 120k but opted to buy a nearly completed studio in Bukit Bintang instead, as I was uncertain on the rental income Sierra would fetch n developers credibility was non-existance. Was not in the position to take excessive risk back then so when in doubt, always go for yields. Hence why I went for Zest, Tropics and Maytower...... n in a way got lucky......

kochin, how much I made is irrelevant as Im in the view that each person's result very much depends on the individual's risk-appetite, drive and motivation. What moderately works for me might work better for others, so result might differ. But personally for me it has been a very rewarding journey, and thanks to properties Im now in the position to modestly retire in 2 years time, at 30.

Learn 1st, manage your risk carefully then jump in with your eyes wide open

Chief, did not went into TZ anticipating high yields. I predict a sufficient yield is attainable upon VP for TZ, but not expecting anything spectacular

This has always been a caps play for me, but should LRT commence before 2015 then this one could be for keeps