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Investment Vista Kiara, Mont Kiara, Is Vista Kiara worth buying now?

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ongss
post Mar 24 2020, 10:58 PM

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QUOTE(ayamback @ Mar 24 2020, 06:36 PM)
Is it worth buying? Repainted in 2017 (i think) and looks good... Any comments from current residents about the management? Looking for own stay
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You better to have a site visit and take a look. For older condo at MK, particularly those near to One MK and 163, many units were rented out to those supermarkets and restaurants as hostels for their foreign workers. Come around the time these workers go to work or the time they finish work. I am not discriminating these foreign labor. They have the rights to stay if their employers pay the rents. But, sometimes, their behaviours are annoying. Vista Kiara from what I hear and I observed seems to have a lot of foreign labor.
ongss
post Mar 25 2020, 06:14 PM

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QUOTE(ayamback @ Mar 25 2020, 10:27 AM)
Yes, I've visited .. didn't see any foreign workers... but i went during weekends
Did you live there before?
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I stay at an older Sunrise condo near 163/ 1 MK. The Management Office has tightened the house rules for the past two years. Based on the AGM report, still there are about 10% of the units are rented out to the foreign labour. But, there is a house rule now that limits the number of occupants. At one time, some units had more than 12 in one apartments. These foreign labour, some of them are illegal immigrants. At one time, the Management Office for my condo coordinated with DBKL, Police and Immigration Office. These enforcement came around 3am and caught many illegal immigrants.

The nuisances about these foreign labour are their mindset. Quite inconsiderate. Also, we are not sure if they are vaccinated and whether there is any background check on them.

I suggest you make another visit and talk to the residents. You also have to go around the working hours for the supermarkets and restaurants. I saw quite a number because I have my morning walk around 9am - 10am. Can see the number of foreign labour came out from the side entrance facing 163.
ongss
post Mar 25 2020, 06:17 PM

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QUOTE(BigMan123 @ Mar 25 2020, 10:51 AM)
Good concern to consider I feel. Because of 1MK and 163, some units nearby have been opened up to be their hostel. My relative is doing so....not naming the condo here because of confidentiality
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Tell your relative to stop, this practice downgrades the value of his/her condo. Thank you.
ongss
post Mar 26 2020, 04:30 PM

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QUOTE(jlim2004 @ Mar 26 2020, 01:49 PM)
If they are illegal workers, the owner of the units themselves may be in trouble too.

So yes, please stop.
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In some cases, the owners rent to property agents, who are Airbnb operators. These agents also operate hostels for the foreign workers working in One MK and 163.

If these foreign workers behave themselves, pay the rents, I have no issues. But, their mentality determines where they are now. Luckily, for my condo, the management took stern actions and the number of foreign labour / Airbnb are less nowadays.

But, I am not sure about Vista Kiara.
ongss
post Apr 19 2020, 09:25 PM

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QUOTE(last-machai @ Apr 19 2020, 12:11 PM)
It will be trouble to management and owner (landlord) if unwanted inccident happened to illegal labour. It is great that your management limit the number of foreign labours reside in
the leased unit.

May I know the name of your condo ?

Thanks.
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I stay in MK Pines.

 

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