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mentari court, wise for an investment?
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SUSendau02
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Oct 28 2010, 12:02 PM, updated 16y ago
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i ve scouted for some lot in mentari court n found out dat d price is from 120k to 170k. wish 2 ask d sifus ard, is it wise 2 buy 1 unit as an investment? the rental can go as low as 800/month non furnished to 1100 furnished.
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WWJD
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Oct 28 2010, 12:19 PM
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QUOTE(endau02 @ Oct 28 2010, 12:02 PM) i ve scouted for some lot in mentari court n found out dat d price is from 120k to 170k. wish 2 ask d sifus ard, is it wise 2 buy 1 unit as an investment? the rental can go as low as 800/month non furnished to 1100 furnished. i've a cousin staying in Mentari Court at Block C. it is kinda run down as the management isn't that good. the place is not well maintain as the lift smells and corridors are littered and cars simply double park. A lot of the residents there are students from China, indonesia, middle east and africans. there are a lot of factory workers staying there too from Indonesia, Nepal and some bangladeshis. the swimming pool is not well maintain too and it is dirty. when mentari court was first launched, u can get a unit at RM80K. frankly, if you want to buy there for investment you can negotiate it between RM100K - RM120K. If someone is selling at RM170K, he is just pushing his luck. for RM170K it is too expensive and i would rather top up a little and buy Sunway Court which is about a stone throw away. the place is more well maintain even though the apartment is older than mentari court.
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SUSendau02
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Oct 28 2010, 12:25 PM
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QUOTE(WWJD @ Oct 28 2010, 12:19 PM) If someone is selling at RM170K, he is just pushing his luck. for RM170K it is too expensive and i would rather top up a little and buy Sunway Court which is about a stone throw away. the place is more well maintain even though the apartment is older than mentari court. yo man thnx for dis input.. FYI, i used 2 stay thr. it s just a good place 4 u 2 sleep.. nothing more. if i can get @110k, then it will b better on my pocket. lolx thnx again dude
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WWJD
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Oct 28 2010, 12:45 PM
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RM110K is a good deal and worth to get it. if u can rent it out at RM700 and after minus the maintenance, u get bout 6%-7% rental yield is not too bad either.  If it's RM170K, it's over price. that's my honest opinion. usually agents try their luck to push for higher price but the matter is it really worth that price. for me
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lizziewong
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Oct 28 2010, 01:13 PM
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Before commiting u need to find out what is your potential tenant target. If students, u need to find out if Taylor's is relocating to Lakeside campus. If the campus is moving out, it will hve very negative impact on (1) commecial activity and (2) lower demand for housing from students and workers.
I prefer to invest in walk up flats or aprtments. With high rise, if the lifts are well maintained, its a headache, and also high density may have more social problem.
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SUSendau02
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Oct 28 2010, 01:29 PM
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my target tenant can be students n WD n freescale workers... unless they really pull out, then im in deep shiatzz
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rakyat
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Oct 28 2010, 01:38 PM
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QUOTE(lizziewong @ Oct 28 2010, 01:13 PM) Before commiting u need to find out what is your potential tenant target. If students, u need to find out if Taylor's is relocating to Lakeside campus. If the campus is moving out, it will hve very negative impact on (1) commecial activity and (2) lower demand for housing from students and workers. I prefer to invest in walk up flats or aprtments. With high rise, if the lifts are well maintained, its a headache, and also high density may have more social problem. There is still Taylors school of hospitality + some minor campus in the office block next to Mentari, it is oso a stone throw from Sunway College and there seem to be some lease agreement with Masterskill students & many factory operators from across the 'Motorola bridge'. But it is not well maintained and there is some 5354 going on in 1 of the block Decent yield but limited capital appreciation. Rental should be stable with downside bias
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r47z
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Oct 28 2010, 01:41 PM
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- deleted -
PM-ed you instead.
This post has been edited by r47z: Oct 28 2010, 01:42 PM
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kampit_ikram
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Oct 28 2010, 01:45 PM
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wow thats new Added on October 28, 2010, 1:46 pmQUOTE(r47z @ Oct 28 2010, 01:41 PM) - deleted - PM-ed you instead. I can see that This post has been edited by kampit_ikram: Oct 28 2010, 01:46 PM
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kiddo
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Oct 30 2010, 12:08 AM
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QUOTE(WWJD @ Oct 28 2010, 12:19 PM) i've a cousin staying in Mentari Court at Block C. it is kinda run down as the management isn't that good. the place is not well maintain as the lift smells and corridors are littered and cars simply double park. A lot of the residents there are students from China, indonesia, middle east and africans. there are a lot of factory workers staying there too from Indonesia, Nepal and some bangladeshis. the swimming pool is not well maintain too and it is dirty. when mentari court was first launched, u can get a unit at RM80K. frankly, if you want to buy there for investment you can negotiate it between RM100K - RM120K. If someone is selling at RM170K, he is just pushing his luck. for RM170K it is too expensive and i would rather top up a little and buy Sunway Court which is about a stone throw away. the place is more well maintain even though the apartment is older than mentari court. what is the market value for each floor at sunway court?
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SUSlowya
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Feb 3 2011, 02:36 PM
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QUOTE(lizziewong @ Oct 28 2010, 01:13 PM) If students, u need to find out if Taylor's is relocating to Lakeside campus. If the campus is moving out, it will hve very negative impact on (1) commecial activity and (2) lower demand for housing from students and workers. Is the campus moving? yes/no and when? QUOTE(lizziewong @ Oct 28 2010, 01:13 PM) I prefer to invest in walk up flats or aprtments. With high rise, if the lifts are well maintained, its a headache, and also high density may have more social problem. walk up flats or aprtments? any good suggestion? for the purpose of rent to students. appreciate all comments.
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aiskrimcup
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Feb 3 2011, 02:48 PM
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QUOTE(endau02 @ Oct 28 2010, 12:25 PM) yo man thnx for dis input.. FYI, i used 2 stay thr. it s just a good place 4 u 2 sleep.. nothing more. if i can get @110k, then it will b better on my pocket. lolx thnx again dude if you able to get a sub sale unit at rm110k plus a parking lot, then it would be decent buying!
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epie
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Feb 3 2011, 03:38 PM
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QUOTE(aiskrimcup @ Feb 3 2011, 02:48 PM) if you able to get a sub sale unit at rm110k plus a parking lot, then it would be decent buying! u guys really think can get around rm110k? 1 of my fren oso like to buy in this area...maybe for rm110k we'll get an apartment that needs major repair works This post has been edited by epie: Feb 3 2011, 03:38 PM
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Beth79
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Feb 4 2011, 12:10 AM
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QUOTE(endau02 @ Oct 28 2010, 12:02 PM) i ve scouted for some lot in mentari court n found out dat d price is from 120k to 170k. wish 2 ask d sifus ard, is it wise 2 buy 1 unit as an investment? the rental can go as low as 800/month non furnished to 1100 furnished. For investment might be ok, for own stay, might not be a good idea. My friend recently moved out cos too many incidents of indonesian/african stalking her all the way to her apartment door. Might not be a good place for a girl to live alone.
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aiskrimcup
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Feb 7 2011, 11:59 AM
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QUOTE(Beth79 @ Feb 4 2011, 12:10 AM) For investment might be ok, for own stay, might not be a good idea. My friend recently moved out cos too many incidents of indonesian/african stalking her all the way to her apartment door. Might not be a good place for a girl to live alone. fuh, that scary for a single lady occupied the unit alone. so the target tenant such group of factory workers would be best for invesment.
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SUSlowya
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Feb 7 2011, 06:33 PM
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closed
This post has been edited by lowya: Sep 21 2011, 12:06 PM
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pratapvfr
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Aug 17 2012, 03:39 PM
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New Member
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Hello can some one tell me is it ok to stay with family in mentari court for foreiger? working in factory?
Added on August 17, 2012, 3:44 pmwhat are the near by condo to setya jaba KTM?
This post has been edited by pratapvfr: Aug 17 2012, 03:44 PM
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C31
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Aug 17 2012, 04:45 PM
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i saw auction unit at 145k. r u sure can get 110k? now low cost flat also going to sell at 120k.
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wanchenghuat
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Aug 17 2012, 05:44 PM
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Cannot get at 110k.. Bumi lot is going for 150k.. Non bumi is 170k.. Rental is good  personally wont think its nice to stay there.. But beggars cant be choosers.. There are still many who will rent from you.. Rental semi furnish fetching 900/month..
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richsense
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Aug 18 2012, 01:43 AM
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QUOTE(wanchenghuat @ Aug 17 2012, 05:44 PM) Cannot get at 110k.. Bumi lot is going for 150k.. Non bumi is 170k.. Rental is good  personally wont think its nice to stay there.. But beggars cant be choosers.. There are still many who will rent from you.. Rental semi furnish fetching 900/month.. Is this place hot for rental?
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Alvinyeo
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Aug 18 2012, 02:52 AM
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Even for rental but depending on who you rent to.
If student can be local or foreign.
If Foreign need be-careful and advice to do background check.
If Local do they want stay there with many foreigner. If you ask me, i won't.
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wanchenghuat
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Aug 18 2012, 02:22 PM
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QUOTE(richsense @ Aug 18 2012, 01:43 AM) Is this place hot for rental? No problem renting for the past 3-4 years.. The tenants are from China.. Very prompt payment
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dragon_lee
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Aug 18 2012, 02:40 PM
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QUOTE(wanchenghuat @ Aug 18 2012, 02:22 PM) No problem renting for the past 3-4 years.. The tenants are from China.. Very prompt payment  Boss, Mostly students from China right?
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wanchenghuat
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Aug 18 2012, 03:23 PM
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QUOTE(dragon_lee @ Aug 18 2012, 02:40 PM) Boss, Mostly students from China right? Yeap.. But it could be "student"
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wanchenghuat
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Aug 19 2012, 01:28 PM
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QUOTE(661188 @ Aug 19 2012, 03:30 AM) halo, post #4 is almost 2yr ago, can't compare w d current price. Just reply for the post before mine.. I know the previous is older.. But someone did dig out
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heshka
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Oct 24 2012, 07:29 AM
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New Member
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Selling my Block B fully furnished Mentari Court unit without carpark. *sold*
This post has been edited by heshka: Oct 30 2012, 08:18 AM
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AskarPerang
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Dec 21 2018, 12:13 AM
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Cheap lelong unit available. Bank valuation here is as high as 350k now. This is like 40% below bank valuation. Easy place to rent out here. If lazy, can always hand over to subletter and let them handle.
E-08-06, Mentari Court Reserve price🔥🔥RM 196,830🔥🔥 Leashold 775sqft Auction: Jan 2019 *Owner still staying inside, occupy the house
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leodinouknow
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Dec 21 2018, 01:13 AM
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QUOTE(AskarPerang @ Dec 21 2018, 01:13 AM) Cheap lelong unit available. Bank valuation here is as high as 350k now. This is like 40% below bank valuation. Easy place to rent out here. If lazy, can always hand over to subletter and let them handle. E-08-06, Mentari Court Reserve price🔥🔥RM 196,830🔥🔥 Leashold 775sqft Auction: Jan 2019 *Owner still staying inside, occupy the house owner occupy the house case, easy to deal?
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AskarPerang
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Dec 21 2018, 01:29 AM
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QUOTE(leodinouknow @ Dec 21 2018, 01:13 AM) owner occupy the house case, easy to deal? Check the first page to see the price the owner got the unit. After loan disbursement from your bank, owner will get cash out of this lelong dealing. Just need to make him understand the scenario, then most probably he is able to move on with his life after that. But still case by case basis. You will never know. Such unit certainly not recommend for people with soft / kind heart. This is still the best video to share:
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woolei
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Dec 21 2018, 10:54 AM
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QUOTE(AskarPerang @ Dec 21 2018, 01:29 AM) Check the first page to see the price the owner got the unit. After loan disbursement from your bank, owner will get cash out of this lelong dealing. Just need to make him understand the scenario, then most probably he is able to move on with his life after that. But still case by case basis. You will never know. Such unit certainly not recommend for people with soft / kind heart. This is still the best video to share: if want to go hard way... how to do? he give them 1 years already? still dont want to move.. it really sien.
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AskarPerang
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Dec 21 2018, 11:10 AM
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QUOTE(woolei @ Dec 21 2018, 10:54 AM) if want to go hard way... how to do? he give them 1 years already? still dont want to move.. it really sien. Guess for the case like in the video. Police report wont help. Need to engage with lawyer and have legal notice for eviction. No experience in doing that. Maybe some other ppl able to advice better.
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leodinouknow
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Dec 21 2018, 02:01 PM
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QUOTE(AskarPerang @ Dec 21 2018, 02:29 AM) Check the first page to see the price the owner got the unit. After loan disbursement from your bank, owner will get cash out of this lelong dealing. Just need to make him understand the scenario, then most probably he is able to move on with his life after that. But still case by case basis. You will never know. Such unit certainly not recommend for people with soft / kind heart. This is still the best video to share: better dont get involve. at least this willing talk and can scold back. if she cry and cry ask help dont know how halau them out already. memang need underworld way to solve this.
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raw7118
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Dec 23 2018, 09:28 PM
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CF play.. CA i don't think so..
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