I know Casa Subang well as I was interested to invest there, although I found the place to be a bit 'tardy' on the maintenance side...from outside (ground floor/lifts/architecture) it looks almost like a low cost apartment which it isn't supposed to be.

Returns till now are actually quite good but on long term I don't know if it can keep up with developments nearby. Lot of competition nearby in the future, so if you're willing to just buy and rent its okay. Capital appreciation, I don't bank too much on Casa Subang. IMHO. You should pay a visit yourself, see what you think.

I have a 995sqft unit there, got it for 415000, partly furnished. Spent around 10k to do it up completely and now rented out.

Imp Meridian has 2 units - 995 and 1300sqft. 1300 is almost hitting 500k now.

You can still get bare unit and fully furnished. I recommend bare unit...its cheaper when you do it up yourself and fully furnished prices are marked up very high.

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Added on July 15, 2011, 4:29 pmI have unit in CT...but even if I won a lottery I won't buy another unit here. Reason being I bought this place 18 months ago and its appreciated almost 100k during this period because of developments and LRT stuff coming up nearby. Would you want to buy a place which is marked up so high? No. This SS16 area prices have gone insane, I'm not complaining but no way in hell I would go for any unit in this place now.

Reason I'm being honest is I'm not planning to sell my unit for next 5 years minimum.



This post has been edited by BeastB: Jul 15 2011, 04:29 PM

manufreak, unfortunately you missed the boat mate. Tenants moving in start of August. I'm renting out quite low (2300) as the market price is 2500 and above.

There's still units available, if you go to the lobby area you'd see the notices for rental, take down a few numbers...get the best price? That's what I'd do. But if you're looking for short term, its best to go for Casa Subang. Cheaper, and same location.

I was responding to manufreak. 2300 for Impian Meridian.

TBH it looks like a flat to me already. Surprisingly, the rental yield is still quite impressive though.

Really don't think so IMO. As far as I know, people from CS are slowly moving into IM already due to discipline issues and maintenance conditions over there. Once new apartments come up I really don't see how CS can maintain their yield, unless they do a complete revamp of their management and the aesthetics of the place.

Biggest concern for CS is appreciation potential. Once new developments come up, that place is going to look very low budget, the only selling point will be location. If you have the budget, get the bigger unit at IM....rental yield might be low now but it will definitely increase when the LRT and other developments come up. Especially when Da Men is up...the size is smaller than IM but more expensive! Logic would dictate IM is a more reasonable choice to stay.

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.

Fully furnished! The average rental is around 2500 man.

This property is done for....its pretty much a flat now.

You don't have a view, someone asked you what's your definition of high dense/med/low dense and you never gave an answer. Meaning you don't know. It's best to not speak a language which you don't know. My 2 cents.