Hi All
Would appreciate some opinion on investing in Mahkota Cheras. There are new developments in the area mostly for 2 storey link houses that will start at 450k onwards.
Do you think based on the current situation:

a) Jusco Opening in April 2010
b) Large demographic of Chinese Residents

Will the property appreciation will continue?

How about developments in Sg Long, it takes just 5 minutes to cross over to Mahkota Cheras area, would these areas benefit as well?

Anyone has experience buying a 400k-500k house for investment, how long does it take before we can sell? In Mahkota Cheras some of the new development has gone up by 100k-150k within 1 year or less of completion.

Any feedback welcome