I just survey a condo unit in Cova Villa, Kota Damansara, 1150 Sft, currently rented to Segi college student, asking price is 360K, did this unit worth to invest? Appreciate any reply! Thx.

rgds,
L

for a 360k condo,
for investment the rental must be around rm2k to justify the purchase.
If you are buying for own stay, then watever price oso lu punya suka la...

is this the one next to the oxidation pond?

i buy for investment, and this unit is face the big 'longkang' there, might be the oxidation pond. Any issue with this pond?

if the oxidation pond, some students may not like it and complain to segi to ask for alternative to that unit. may not have consistent long term tenant rentals if that happens. furthermore, appreciation value already stagnate so no room to release the unit if you want to. imo.

Thanks for reply! I got search another unit facing Cova suites but sell at RM375K, worth to invest? Also want to know, what IF Segi college student move out, then the condo unit can rent to which target group of ppl? Thanks!

now, what is market price per sf? some sell in RM380k (RM330 per sf), some sell in RM420k (RM365 per sf) for 1147sf unit.
if u want to buy, what price u will consider?

if segi cabut, u will left with an apartment which is potentially horribly maintained.. apartment which was mostly occupied by students (worst if foreign students!) has a very low valuation somehow...

u know HELP will come in this area? if u know u wont said like that.
u know MRT will in here? if u know u wont said like that.
u know how much the they pay for the kid study in KDU per mth? if u know u wont said like that.
if u have 1 unit in here, u also wont said like that.

This post has been edited by m2c: Mar 10 2011, 11:55 AM

deeply agreed with this...! imagine how much segi invest for the campus.....how it cabut?? u though they rent a shop lot as campus meh?? invest few hundred million n cabut??

Wah this is undervalued in kota damansara, imagine the going price now is 500rm per sq ft ... so for a 1k sq ft it should be rm500k.... segi college, medical center, KDU ..... near to KD highway exits ....

hi,i'm real estate and specialize in kota damansara.
cova suite and villa is cheap if compare with casa indah 1 and 2...the only things that i concerned that if you go for rental then you better choose where the property can rent to working class,small family or professional working ppl beside student..yet if nearby mrt then it might be good choice..more important for condo is the management must be good and consistent to maintain..anything you can sms/call me..0193177888

m2c, sounds like you have a unit there?

share your thoughts maybe?

rent to african students...good money.

thet are willing to pay rm5000 for a 2 bedroom apartment.

pls elobrate more on this... thanks..

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Added on April 6, 2011, 9:58 ampls elobrate more on this... thanks..

This post has been edited by cutealex: Apr 6 2011, 09:58 AM

Share with u developer price is rm260-rm280. So can judge how high it can climb

ya, i have 1 unit, very nice and really make money, is my 1st invest property.

ooo ... understand its 8% gross from developer's price rite?

Good for ya m2c! but don't think its attractive for subsale entry ler .

Hi. Same with you here. Mine on block B. Which block is your unit?

you better be sure to know what they doing inside your apt.

these ppl has been famous for all sort of activities during their tenant at Malaysia as a student

from drugs to prostitutes, you name it, they have it!