QUOTE(chee yat @ Jul 20 2011, 07:43 PM)
How many sq ft? The corner unit isit? Try to negotiate a bit if you are really interested.Investment Casa Subang, 338k with 2 years 1.8k GRR
Investment Casa Subang, 338k with 2 years 1.8k GRR
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Jul 20 2011, 08:46 PM
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365 posts Joined: Mar 2010 |
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Jul 20 2011, 08:49 PM
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188 posts Joined: Mar 2009 |
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Jul 20 2011, 09:46 PM
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365 posts Joined: Mar 2010 |
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Jul 20 2011, 09:52 PM
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188 posts Joined: Mar 2009 |
Do you think 320k can deal?
Will this price is abit over? Coz this will be my 1st prop, i really dunno what is d range for d price can go till... |
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Jul 20 2011, 10:27 PM
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365 posts Joined: Mar 2010 |
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Jul 20 2011, 10:46 PM
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1,018 posts Joined: May 2011 |
Are you dealing with the agent or owner? Whoever it is, just get your checkbook out, get the agent/owner to meet you and drop the amount in his/her hand...if you're going for 2% booking fee, give this check with 2% of 320000 and say its your last offer take it or leave it then and there.
That will put it on a solid 50-50 scale, the owner will definitely have to think on the spot about how desperate he/she is. It's your best bet IMO. 320k is a very good buy for the yield which you'll get for a place like that. Best of luck. |
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Jul 21 2011, 11:51 AM
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2,703 posts Joined: Jul 2007 |
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Aug 3 2011, 02:10 PM
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3 posts Joined: Dec 2010 |
For investment purpose, definitely is yes..since all prices already shoot up..u want pay rm320k for Casa subang or IM for rm 440k for the same rental about rm1800..some more got GRR in current market situation now..lot of people said IM got more appreciate value..currently see is yes..but who knw market when down..the prices will follow down also ah..for own stay, for sure ppl will buy IM due to mantainance and etc..however for conservative investor, CS also a safe bet good rental yield and steady appreciation..
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Aug 3 2011, 03:43 PM
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1,184 posts Joined: May 2005 |
QUOTE(Q Drive @ Aug 3 2011, 02:10 PM) For investment purpose, definitely is yes..since all prices already shoot up..u want pay rm320k for Casa subang or IM for rm 440k for the same rental about rm1800..some more got GRR in current market situation now..lot of people said IM got more appreciate value..currently see is yes..but who knw market when down..the prices will follow down also ah..for own stay, for sure ppl will buy IM due to mantainance and etc..however for conservative investor, CS also a safe bet good rental yield and steady appreciation.. Property value is very unlikely to go down.Casa Subang has demonstrated a case where you get exceptionally good yield but very minimal appreciation, it was launched at RM250k five years ago I assume? RM80k appreciation over 3 years is very bad considering how other same priced properties had better capital appreciation than this. Thus don't expect high capital appreciation for Casa Subang in the years to come. Capital appreciation is definitely more worth looking for investment, even if the rental yield in Impian Meridian is slightly lower at the moment. |
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Aug 3 2011, 07:14 PM
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367 posts Joined: Dec 2010 |
QUOTE(kbandito @ Aug 3 2011, 03:43 PM) Property value is very unlikely to go down. i dont agree with ur point. there are different types of investor, some look for capital appreciation which is not guranteed for any development, where as some others look for steady rental income with capital appreciation as bonus.Casa Subang has demonstrated a case where you get exceptionally good yield but very minimal appreciation, it was launched at RM250k five years ago I assume? RM80k appreciation over 3 years is very bad considering how other same priced properties had better capital appreciation than this. Thus don't expect high capital appreciation for Casa Subang in the years to come. Capital appreciation is definitely more worth looking for investment, even if the rental yield in Impian Meridian is slightly lower at the moment. capital appreciation is surely more excited but also more risky cuz it might be there or might not be there but rental is something safer. provided IM appreciated so much, some say there are no rooms for appreciation. i dont meant to argue with IM owner but just want to highlight my point that there are always different view on property investment. IM for capital or Casa Subang for rental yeild is a different choice, and sure lah best if can get both appreciation and rental yield. |
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Aug 3 2011, 09:29 PM
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3 posts Joined: Dec 2010 |
QUOTE(xepa @ Aug 3 2011, 07:14 PM) i dont agree with ur point. there are different types of investor, some look for capital appreciation which is not guranteed for any development, where as some others look for steady rental income with capital appreciation as bonus. Totally agree..depend on what u are looking for and which type of investors you are..capital appreciation is surely more excited but also more risky cuz it might be there or might not be there but rental is something safer. provided IM appreciated so much, some say there are no rooms for appreciation. i dont meant to argue with IM owner but just want to highlight my point that there are always different view on property investment. IM for capital or Casa Subang for rental yeild is a different choice, and sure lah best if can get both appreciation and rental yield. |
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Sep 19 2011, 11:26 AM
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Newbie
4 posts Joined: Sep 2011 |
so chee yat , finally u bought the unit ?
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Sep 19 2011, 11:37 AM
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1,018 posts Joined: May 2011 |
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Sep 19 2011, 01:55 PM
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365 posts Joined: Mar 2010 |
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Aug 11 2014, 10:53 AM
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232 posts Joined: Dec 2006 |
Went to view few days ago. This property is so RUN DOWN. 0 MAINTENANCE i would say.. 8 out of 10 units are vacant =X
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Aug 11 2014, 12:14 PM
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Senior Member
1,018 posts Joined: May 2011 |
This property is done for....its pretty much a flat now. |
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Oct 15 2014, 10:23 PM
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324 posts Joined: Nov 2005 From: Cash Vault |
so meaning its not worth buying?
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Oct 16 2014, 12:01 AM
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475 posts Joined: Jan 2003 |
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Mar 15 2015, 02:32 AM
Show posts by this member only | IPv6 | Post
#59
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25 posts Joined: Apr 2011 |
Hi guys & girls, I just brought a unit in casa Subang.
Considering this thread hasn't been active for a while now There have been changes in casa Subang eg: the swimming pool have been revamp together with the public toilet and Plans for CCTV at each floor to prevent vandalism. IMHO, there will be capital appreciation when the BRT is ready (Already 90% or more) together with Damen on board. Beyond that, I have to agree with some that this condo Looks dated and not so much on capital gain after the 2 factors. I'm surprise to see no one talks about the fact that CS is freehold residential while constantly comparing impian meridian which is leasehold and commercial bill. This will factor into the next purchaser's mind. Just my 2cents.. What do u guys think? No offence to IM owners it's still a great buy! |
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Mar 15 2015, 07:47 AM
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1,166 posts Joined: Dec 2010 |
good to hear about the revamp. almost invested few years back. but was really disappointed to see this running bad due to management and maintenance.
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