QUOTE(naing @ Apr 10 2011, 08:15 AM)
I'm not sure you want to create a controversy or just expressing your sincere opinion but I find you quite arrogant to put your comment that way.
We, owners, know everything; Hightower tension tower, telecom tower, tar factory, deep inside, not many developed area inside yet, toll gate, no transportation. But we feel that there is so much potential to developed in future due to good township planning and future development. In 10- 20 years, we expect AI to become like desa park city. And we buy now in AI when we can afford. That's the point! We pay premium for environment and concept.
For those whose complaining about public transportation and toll, this township is aimed for middle class and you don't use public transportation and pay toll 60 cents without thinking twice if you are actually in middle class!
Regarding buying houses in cheras, I live in cheras and new launches in townships become expensive if you follow the pricing closely. Damai perdana just launch 24x70 with 689k!
Hello All,
I am a middle income class, and bought a unit in Dec 2010 for investment purpose. My objective is to keep the house for around 5 yrs, estimate return of RM300k. Due to bank negara 70% loan guideline, I hv to fork out RM150k for this investment, a bit stressful but with 200% return of investment in 5 years or 20% per year. I am an investor, not speculator! 20% return per year is categorized as top class investment in term of world standard!
Why I invested in AI:
1. This is a last few piece of freehold land at Shah Alam with good accessibility! Location! Location! Location!
Accessibility in AI is as good as KK or KU. I move from Subang Jaya to KK in 2010, my whole family is happily staying in this nice township although basis amenities are almost zero then! There are 300-400 hundred of shop houses, but less than 5% are in business..., latter Pos office, Police station, school, MDc, bank etc are operating in this township.
Location: AI is located just next to SA center! What else can we complaint besides Toll? I could not find any negative point!
Just for knowledge sharing, I invested a walk up apt sometime in 2004 at Bandar Sunway. Location was my primary criteria and secondary criteria was on my limited investment capital, i.e should not more than RM10k. Eventually two of my relatives made the same investment as well. Presently the market price of the apt is > 200k , rental is from RM1250-2000/mth! They are many investors looking for the investment, but the seller is really limited!
2. AI TTDI is at early stage of township development. I have experienced how KK and KU develop the township, and miss the golden investment opportunity! ( except the hse I am staying). I don't see why AI would not like KK/KU in 5- 10years time?
If you are an investment, this is a good investment as we are at the perfectly correct stage. If you are a speculator, waiting to flip in 1-2 years, this might not your ideal choice!
If you bought for your own stay, AI is the right location with the right price couple with ample of capital appreciation potential. The only set back is no basis amenities at this township! You are welcome to KK/KU, Shah Alam center etc. only 5 minutes away...
Thanks
Added on April 10, 2011, 5:39 pmQUOTE(azie74 @ Apr 10 2011, 05:19 PM)
Sometime negative comments is required as the developer could not simply increase the price. I feel that one of us is a spy to naza.. Everytime i called naza, they will quote different price of next launching... First 460 k, then 520 k and latest 550 k.... Of course their people is reading this forum and will max the price when lots of interested investors or buyers ...no invitation yet for sfera but someone has made a hu ha earlier
Just back from Tesco Shah Alam, There is a booth promoting a project at SA 16, gated and guarded as well, 20X65 for around RM420k, bumi price. I believe TTDI AI would not price 20x75 house more than 460k. Furthermore, I don't think TTDI AI has started construction for the new phase yet. Hence, the bumi price might be around RM430k or less.
This post has been edited by freedoman: Apr 10 2011, 05:39 PM