soho 500++sqf selling at 360k, worth to invest?

Why wont you pay 885k? I was offered an ff unit on madison block for 884k bu 1190sqft. And that is before the 10% discount.

Very tempted to commit as worse case scenario i can stay as it is very near my office.

Is it a good buy? The downside is the maint fee is rm0.40psf. So for my prospective unit,the maint will be over rm400!

Therefore another worry is the grr scheme which promises 6% rtn over 2years.  i wonder if the owner will have any extra cash after paying maint and utilities.

Very high density about 1100 total units.

What do you guys think? Is this a good investment option?

Cheers,
Zib5

good location.