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> Armanee Condo, Damansara Damai, what u guys think ?

synzo
post Oct 22 2010, 09:41 AM, updated 9y ago

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thinking of buying 1 unit there for own stay, but like to know more information that i may not get through google on armanee condo ?

anyone living or lived there in the past , any suggestions / comments on whether is a good area &property for ownstay ?

appreciate all insightful comments thumbup.gif
rakyat
post Oct 22 2010, 09:44 AM

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QUOTE(synzo @ Oct 22 2010, 09:41 AM)
thinking of buying 1 unit there for own stay, but like to know more information that i may not get through google on armanee condo ?

anyone living or lived there in the past , any suggestions / comments on whether is a good area &property for ownstay ?

appreciate all insightful comments  thumbup.gif
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For own stay should be okay but not as an investment property to rent out. But quite big layout @ reasonable price

At 1 time was quite hot but recently cool way down due to poor maintainence
Pai
post Oct 22 2010, 10:57 AM

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Good buy if can get anything below 330k....
numbertwo
post Oct 22 2010, 11:07 AM

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From: PJ lamansara... :D


I might be interested to sell at 330K Block A. anyone? smile.gif
noproblem
post Oct 22 2010, 11:42 AM

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You may want to check this out...

http://armaneedd.blogspot.com/

r47z
post Oct 22 2010, 11:56 AM

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I think prices starts from 500++ quite a nice location smile.gif
Daryl Teo
post Oct 22 2010, 12:27 PM

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Some months back there were some units under the hammer for below 250k. For own stay ok but not for investment. Facilities appear to be run down due to poor maintenance. When i went there to recce some of the lifts don not work from the basement parking. Surroundings are predominantly low cost flats therefore making rub down of caps appreciation from the area difficult.
Seremban_2
post Oct 22 2010, 02:47 PM

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QUOTE(r47z @ Oct 22 2010, 11:56 AM)
I think prices starts from 500++ quite a nice location smile.gif
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Damansara damai, Amanee 1. RM320K to RM350K.

How come starts from 500++?
r47z
post Oct 22 2010, 04:24 PM

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QUOTE(Seremban_2 @ Oct 22 2010, 02:47 PM)
Damansara damai, Amanee 1. RM320K to RM350K.

How come starts from 500++?
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appreciation of the area? the add on the newspaper states the starting price.
numbertwo
post Oct 22 2010, 07:20 PM

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From: PJ lamansara... :D


must be the other Armanee that you are referring to.. smile.gif
r47z
post Oct 22 2010, 07:28 PM

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QUOTE(numbertwo @ Oct 22 2010, 07:20 PM)
must be the other Armanee that you are referring to.. smile.gif
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whhoopss ya that's Amarnee II. http://thinkproperty.com.my/realestate/Thi...aling-Jaya.html
eugene jk
post Oct 22 2010, 11:35 PM

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QUOTE(r47z @ Oct 22 2010, 07:28 PM)
This one in Damansara Perdana....
Daryl Teo
post Oct 23 2010, 03:21 AM

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QUOTE(eugene jk @ Oct 22 2010, 11:35 PM)
This one in Damansara Perdana....
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Kinda confusing this 2 Armanees. They're worlds apart in terms of locs!
Pai
post Oct 23 2010, 02:25 PM

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Went there recently and remember coming out thinking that it could be a decent caps play as I think its undervalued at today's sea of overvalued new launches.

Maintenance is acceptable for a mid cost condo, and think its a great place to raise a small family. If one enters at the right price and aim for medium term holding period, they could be in for a decent cap gains....... wink.gif
airline
post Oct 23 2010, 03:37 PM

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Pai, u referring to which Armanee. damai or perdana one?

Pai
post Oct 23 2010, 08:26 PM

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Airline, its the Damai one.............think the perdana one is already fully valued...... smile.gif
Daryl Teo
post Oct 23 2010, 09:00 PM

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QUOTE(Pai @ Oct 23 2010, 02:25 PM)
Went there recently and remember coming out thinking that it could be a decent caps play as I think its undervalued at today's sea of overvalued new launches.

Maintenance is acceptable for a mid cost condo, and think its a great place to raise a small family. If one enters at the right price and aim for medium term holding period, they could be in for a decent cap gains....... wink.gif
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IF it's AC in DD u're referring to, i'm still not comfortable with it being the only condo in an area which is predominantly low cost apartments. It would be very tough to raise the price baseline or the profile of the area. Decent size for the low entry price is great for own use, if caps appreciation is not a concern. Not for anyone who wants to build equity aggressively for seed money for an upgrade later on. But that's only my view, u may beg to differ.

cranx
post Oct 30 2010, 06:25 AM

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one of the cheapest these days. where else can you get a duplex condominium at such pricing? biggrin.gif
cybermaster98
post Oct 30 2010, 09:59 AM

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QUOTE(numbertwo @ Oct 22 2010, 11:07 AM)
I might be interested to sell at 330K Block A.  anyone? smile.gif
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1) How big is your unit
2) What was your original purchase price
3) How old is that unit
4) What is the maintenance costs including sinking fund (cost psf)
5) What direction is it facing
6) What floor is it on
7) Are the other units on your floor taken up, especially the ones at both sides?
8) If yes, who are the tenants, owners or rental?
9) How many carparks provided?
10) Have you done any renovations
11) Are u selling it as a bare unit or furnished?

Exact information please.
Fei Kei
post Oct 30 2010, 10:03 AM

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QUOTE(cybermaster98 @ Oct 30 2010, 09:59 AM)

2) What was your original purchase price

Exact information please.
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What has it got to do with the current valuation? shakehead.gif

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