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 Subang Olives, Is this condo good for investment?

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henryhing
post Apr 15 2011, 02:55 PM

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QUOTE(MaxKHOO @ Apr 15 2011, 07:55 AM)
What are the negative effects of a housing project having changed many developers? I heard the condo now is badly maintained. I supposed no one move in yet, so there is no car park fee collection which means no money for maintenance of the property. Think the developer made a mistake by using car park fee as revenue for maintenance. They hv to incur the maintenance cost at least for one year after vacant possession.
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The problem is the pricing..Alot unit i believe is not sold yet. Because change hands 2 x, the cost also rise i think. Plus it is far off from amenities thus how to sell for same price like casa tiara, subang avenue, saujana residency etc.. Just dont make sense. Same like Amaya saujana.
I believe people would compromise on size and spend less ( meaning total price not price psft ) at better location than pay higher price for bigger units at further location.
henryhing
post Apr 15 2011, 05:14 PM

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If for own stay, can buy Laffite apartments for 1/3rd the price or a landed property in Subang jaya which holds more value. Olive is not happening enough to sell at that price. Thats for me k. Not a fact.
henryhing
post Jul 18 2011, 02:37 PM

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QUOTE(22222222 @ Jul 18 2011, 12:46 PM)
Haha....finally got ppl move in oledi... rclxms.gif

FYI, now current bank valuation is around 410psf....good luck for hunting.. biggrin.gif
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sure is real human staying there?? U saw at night right?

henryhing
post Jul 18 2011, 04:13 PM

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QUOTE(22222222 @ Jul 18 2011, 02:45 PM)
Haha....bro...i am sure human lar...not ghost lah....

There are > 10 unit oledi move in........

So 10++ units use all the facility...so syok....no one kacau... biggrin.gif
Now a lot of unit sells at 400 ~ 450psf (because the bank valuation around 390 ~ 410psf), if someone sell at 500psf and above......u better send them to "holand" lah.  biggrin.gif
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Ya i agree its very nice to stay there since empty thus more privacy and cleaner swimming pool.

 

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