QUOTE(eniltoh @ Oct 18 2016, 10:33 PM)
Hi Sirazlan,
The MRT station should be within walking distance to the current komuter station and also Kepong Sentral condo.
Here should be the lowest price u can find for a condo in Kepong.
If the rental is reasonable enough, should not be a problem to rent out. For e.g. if you bought at 250k and you rent out at 1k, it is easier n tenant pocket compared to if you bought at 750k and renting out at 3k.
From what I know, the maintenance here is a bit out as the previous management company didn't do a good job to upkeep the condo. Coupled with it taking 8 years for the previous management company to form a JMB, speaks volumes about the developer and the management company.
There is a newly formed JMB recently which is understood to be starting from scratch
It is a long road to recovery for the condo but I think it has reached the bottom and the only way is up.
I don't think having a cemetery is a bad idea. Looking on the bright side, this condo has one of the best view because:-
1) facing left is the komuter parking so no blocked view
2) facing front are shoplots followed by the slope down to the main road again no blocked view
3) in fact there are no blocked views come to think of it wherever you look...that is until the cemetery moves away.
It DOES get a little noisy on the KOMUTER facing side due to trains running along the track.
I can hardly think of a better time to buy than now. From one condo project to another, all inter amenities can be copied and bettered but not many have deep pockets to buiild public transport, let alone 3 here. 1 bus/taxi stand, 1 KOMUTER and the up and coming MRT
Hope that helps you make a decision.
My friend live this condominium, he felt so so regrets bought this condominium. So far even drop down below 300k , alao hard to sell , his unit even not face cemetery , face to factory, has already put on market more then one and half years , still no buyer, not because the buyer hard to borrow money, is because the location and management si so bad .
Even the MRT and KTM just downstairs, didn't mean is good location.
Three years ago , I even thought want to buy here, after the banker told me, just because the condominium too near the cemetery, the bank only can borrow 60-70%., and once who buy this condominium, will very hard to sell out , even price is cheap .
If the location like this, downstairs is MRt and KTm , housing prices should be gone up a lot , why during this few years , this condominium pricing keep go down? Get real , a lot of malaysia people very superstition, beside the cemetery is really really too near of the building.