The PV12 phase 2 which is beside Platinum Walk now selling at RM300K. 1207sqft and is facing swimming pool, KLCC view and the lake. Still considering the unit but not sure if it is still worth to buy at this price. it will be partly for own stay and partly for investment (will rent out 2 of the 3 room and plan to sell the unit after 5 years or so). need opinion from experts here. thanks.

if own stay ok.
buy for investment, dont think will go up much already. so many there.

free or lease hold

thanks

all there leasehold

too many units over there.
for me not worth anymore neither for stay nor for rental. you add a bit and go and get riana green east subsale unit. very exclusive and worth for money, some more very high potential for appreciation.

that setapak area .. not worth it la..
over buiding already.
too many units.
not many takers.
students oso not many.

rental wont fetch much as oversupply continues.
family wont like staying in that area as the jam is bad and not conducive.

i got a friend staying at PV10. FYI, he said not many students renting at danau kota area.

do you think go for phase 4 of pv12 would be better? considering:

- price by sqft still low (RM225 per sqft) compare to that phase 2 (RM248 per sqft)
- parkson and tesco will be there when phase 4 kau tim in 3 years time
- i'm not putting too much hope on renting coz i might take the master room myself and rent out only the other 2 room for 2 or 3 years just to lower my burden in monthly repayment.
- my concern would be 5 years from now when the development in lake city is almost complete and if i want to sell off this unit, how much would this 1450 sqft phase 4 pv12 price at? anyone dare to estimate?



* btw, i think traffic in jln genting klang is not like very very very very very bad if compare to puchong, federal highway and etc (45 minutes from genting klang to bukit bintang). the road widening process is in progress. hope it can help a bit...

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Added on April 1, 2010, 12:24 amthe cheapest i can find nowaday for Riana Green East is RM340 per sqft, compare to RM225 per sqft of PV12 phase 4, how can i add 'a bit' to get the Riana Green East???

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Added on April 1, 2010, 12:27 amactually i dont worry too much on rental. my main concern would be the appreciation value of the unit. consider parkson grand and tesco coming soon and i heard someone mention Star LRT station?!; this place can still boom. but i'm not sure if my justification is reasonable and correct or not.

This post has been edited by nskoon83: Apr 1 2010, 12:28 AM

I heard that they launch the phase 4 soon, but when ? can someone tell me? so that I can buy it with cheaper price

officially launched last month, soft launch was last quarter of 2009. Now fully booked already.

there is no cheaper price now

just called them this morning, 95% sold out , few left , price is 320k

the selling speed of PV condo is really scary... if you compare with the price of previous phases 3 or 5 years back (which is around 180K only), now 300K++ is really expensive... but if 3 years after today when this phase is completed, not sure will still people say 300K for a middle cost condo is expensive or not... hehehe...

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Added on April 2, 2010, 10:39 pmdo free or leasehold really matter?

This post has been edited by nskoon83: Apr 2 2010, 10:39 PM