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 Vista Komanwel

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mok thye yee
post Jan 10 2010, 01:12 PM

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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.
mok thye yee
post Jan 11 2010, 12:37 AM

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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
mok thye yee
post Jan 11 2010, 09:22 PM

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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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