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 Is SOHO Worth to Invest?, Is SOHO Worth to Invest?

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strife_leo
post Jun 9 2010, 01:42 PM

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I'm a buyer of a unit located on Tower 2. I bought it based on the following reasons:

1) Location : Old Klang Road is very strategic. Its proximity to MV, KL city center, Federal Highway, etc.

2) SOHO concept : Being a commercial unit, I will be able to register my company here. This unit is ideal for free lance IT specialist, lawyer, financial consultant etc....everybody who needed a small space for their business.

3)Scott Garden units downstairs : TESCO is a plus, but I'm looking forward for banks and F&B outlets to come in.

4) Discounts : Well... 8% discount is a plus.

I've secured 90% loan from AMBank. I've also been offered 90% loan by UOB as well but did not take the loan from them because I need the loan urgently(I travel a lot). UOB is 1 day behind Ambank in preparing the offer letter.

Note that Public Bank will offer only 80% loan.

Hope this helps anybody eyeing this property.

p/s: I do agree the sales person had been too pushy. They sounded more like 2nd hand car salesman rather than property salesperson.

 

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