This place is not ok only for own stay. But renting out look ok wo. So appreciation is not great.

But look at this :


My wife have done something call weigthed average of this condo , data from iproperty.

The value from oct 11, Nov drop, Dec drop and up again from Jan to April. ( Maybe you can do the same with May 2012 later to double check with my wife computation)


Weighted Average per unit.

With Auction W/O Auction unit
Oct 178.51 185.22
Nov 164.20 175.22
Dec 161.14 170.15
Jan 166.20 176.28
Feb 191.27 201.44
March 208.25 219.54
April 221.05 232.39

All sold habis, so sure is subsale la.

this place like not worth to buy also....how much is the monthly maintenance ?

dont think this project is habis sold out lah by developer. developer words one word also kenot trust one. i still remember until last month they still set up a store in KL Sentral to sell units.

Cant sell the units ... what to do ..?

actually many says that KTM is one of it's selling point for this condo, does anyone used KTM before ? i mean NOT LRT, but KTM....do you ? as a buyer, I wont even think that having KTM as a selling point. OMG, even after having those new and "longer" coaches, the service is still the same, maybe "little" more better....

a lot of people when buy property just main hemtam only, later their units kena lelong, i just dont understand why people are being so silly.

Agreed that KTM services is very bad.

That's way this condo is still below bank valuation.

But I see it the other way. In my opinion , The KTM worst cycle is late2011 and early 2012 and look like it won't back to history given the fact that govt

1) is setting up body like pasarana and we the people push for better public transport
2) and the govt seem realised this pressure from rakyat. good public transaportation
3) KTM will have this intergrate ticketing with lrt, monorail within this year
4) group of population student/ office worker just have no option. The KTM is cheap and reasonable services for them.

If the KTM can achieved target of 10min schedule as plan in July onward. Imaging the value of those aprtment beside KTM? will still undervalue?

I am investing in this condo is for rental. It is what those poor student / working adult need. Good location, Easy to get transport, cheap/ affortable for them, reasonable safe and etc.

More and more people have no choice. with heavy traffic, price petrol up up, property up up, tol every where, parking up up and more things up when the govt sales tax started. Just take a ride with KTM to Mid Valley the next time you go. Don't drive. You will see many people are using KTM actually. So "does anyone used KTM before ? " Actually more and more people using KTM la.

As all my investment is less than 1 km from KTM station and mostly invest in medium cost aprtment. I have done lots of study before buying each one. Example some newspaper April 2010/ April 2011 & April 2012 to show you how details my study cover.


April 2012
19 /4/2012 - SPAD IRONING OUT KOMUTER ISSUES
18/4/2012 - KTMB SASAR TREN MY KOMUTER SETIPA 10 MINUTES JUNE2012 - BERITA HARIAN PAG 18
10/4/2012 - END OF THE LINE AT KTM FOR DR AMINUDDIN , NST PAG 1

APRIL 2011
BETTER DAY AHEADFOR KOMUTER SER , THE STAR PG 2, 29 APRIL 2011
KTM KLE SUNGAI GADUT MEI 2011.
BINA PETAK PARKING BERTINGKAT 3 APRIL

APRIL 2010
WORRY FREE TRAIN TRAVEL FOR WOMEN -APRIL 2010 NST PG 6
28.04.2010- NO SURPRISE WHY KTM LOSING MONEY NST PA18
15.4.2010 GROUP AGIANST DECISION TO HAND OVER KTM BUILDING TO PRIVATE SECTOR THE STAR PA 30


You got to see what is your investment target, I could be silly for you. My invetment so far so good until now and you got to do your home work and your sily might not be my sily.

Ya Allah.....and the resident is the one paying for the bills. you see how desperate developer has become ?

---

Added on April 30, 2012, 9:31 amyou can say all you want but just last saturday I have to take KTM because of BERSIH 3.0....OMG, even with the new coach, NOTHING HAS CHANGED !!!!!!

cakap saja senang bila mahu buat apa pon tak ada.....kerana Malaysia BOLEH !


This post has been edited by Dern: Apr 30 2012, 09:31 AM

I have collected 5 years newspaper as my study as provent. I would like to highlight , I am not the type of saying what I want here.

I was at the Bersih 3.0 also. The train is so pack. The aircon is not cool. But it does bring me to Kuala Lumpur station and join the bersih3.0.

So does some people that I meet all the way from Seremban. Imaging if everyone using KTM, sure u sare shouting OMG bad services la.

Like you have said " cakap saja senang bila mahu buat apa pon tak ada.....kerana Malaysia BOLEH !" changed the govt is what we should be doing.

im afraid if change to opposition, the property price will continue to rise. Just like what happen to Penang...it is indeed scary.

This post has been edited by Dern: Apr 30 2012, 10:11 AM

Oh.................

Don't worry. Property will rise but your Income will rise faster with new opposition.

im even more worry when you say like that.....gaji is not determine by opposition(you think all companies will not run away if the opposition come out with a new policy on this ?). I think there's a danger in opposition.

Ok,

I got to stop after posting this. Pls do some fact finding before posting.

Look at Singapore. Higher salary , all foreign companies run away? Penang is copying what Singapore is doing la.

I am an uncle that at retired ages with spm qualification. I can think of such simple economy theory

sigh....freind ..read more.

One good website is www.economist.com

dont sigh la uncle :0

but dont compare singapore and malaysia, it is huge difference uncle. seriously.

take the number of population itself already a big difference

Oi... Seems like the discussion ran far away from the title... Anyone know what's the current market value of Kepong Sentral??

So we discussing Election ? Opposition ? KTM or Kepong Sentral ?

Cheers bro. How much is it now?

Not very sure.

i plan keeping it for few years.

I saw iproperty offer higher now but u never trust those agents la.

Rental play ok now and will be more ok as the Ktm service improved already.

This post has been edited by yankicip: Aug 2 2012, 08:21 PM

on city of green section.?

It was me.

Ya i am the one piston there

Thks n cheers for the info

Deleted

This post has been edited by Lucas88: Sep 30 2014, 07:59 PM

We have a new movie @ TGV call " Gangster Kepong"

It is a love story.

Will this movie making Kepong better or not?

Hope, they will make a movie call " Cheras " when I moved to youcity.

This post has been edited by tikaram: Sep 5 2012, 11:13 AM