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 You City in Cheras 9th mile by PJDevelopment, Good for investment?

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BEANCOUNTER
post Nov 16 2016, 01:04 PM

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Most u city owners are youngish investors i believe.
They have limited holding power hence profile of tenants are not their top priority bcos they dun stay there.
BEANCOUNTER
post Dec 16 2016, 08:26 AM

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QUOTE(Ladbrokes88 @ Dec 16 2016, 08:21 AM)
dont worry, our property is within the mid low pricing, furthermore with MRT & mall, the demand is huge!
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Another mall? No eye see....

You city is 350k up rite? Not mid low range lah....

Low cost is 35k
Mid low cost is 125k +/-

This post has been edited by BEANCOUNTER: Dec 16 2016, 08:28 AM
BEANCOUNTER
post Dec 16 2016, 12:16 PM

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QUOTE(Ladbrokes88 @ Dec 16 2016, 09:25 AM)
bro, dont play me leh... 35k low cost in KL? 125k mid low if got also other state liao..

350k up is consider affordable for young working adults already, especially most of them are looking for new completed buildings with decent facilities etc..
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low cost housing of 35k is set up govt de. not everyone qualify to buy.
as far as I know....mostly available for resettlement of local residents and income per household must not be more than rm1500 per month.

in urban area, possible now set at 42k.

U city is min mid cost lioa.....don't short changed yourself.

This post has been edited by BEANCOUNTER: Dec 16 2016, 12:29 PM
BEANCOUNTER
post Jun 26 2017, 09:10 AM

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QUOTE(TokCoc @ Jun 26 2017, 08:52 AM)
True for now..things always change with time..with mrt, Suke highway...I think will make great changes
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Same with other developments.

the question is 'why this one instead you could invest elsewhere where potentially you can profit more?'
BEANCOUNTER
post Jun 26 2017, 01:24 PM

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QUOTE(TokCoc @ Jun 26 2017, 10:32 AM)
Which development? Where specifically can profit more? Mind to share?
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oh....then you need to sign up for my special course for rm3k.....all secrets will unveiled..... devil.gif

the key takeaway point is
Never buy an investment property bcos its affortable or cheaper.
BEANCOUNTER
post Jun 26 2017, 02:08 PM

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QUOTE(TokCoc @ Jun 26 2017, 01:49 PM)
If u can guarantee the return I won't mind pay u 3k..but if simply talk cock like guru thingy..I give a pass..
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guru teaches you how to fish...

not giving you fish.....

might as well sign up for free tongkat course.
BEANCOUNTER
post Jun 26 2017, 04:54 PM

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QUOTE(TokCoc @ Jun 26 2017, 02:28 PM)
Tats wat call talk cock to me..
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A kok question will get a kok answer.

If can guarantee this n that, why bother to sell to you? Might as well own pocket the money.....
BEANCOUNTER
post Jul 29 2017, 04:28 PM

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QUOTE(Jagalat @ Jul 29 2017, 01:43 PM)
Can get positive yield is considered great at the moment!
:thumbup:
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Its not positive yields bcos bank loan interest is higher than rentsl yield. Beside owner needs to pay for maintenance fee plus other incidental cost.

If you are on ltv70 yr cash layout opportunity gain + capital investment to make it rentable.

All up....big angpoh to tenant every montn to stay at yr place.
BEANCOUNTER
post Jul 29 2017, 04:38 PM

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You city rather far to walk to station
BEANCOUNTER
post Jul 29 2017, 09:33 PM

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QUOTE(Vanilla sunshine @ Jul 29 2017, 04:49 PM)
You city is a big development consists of you residences, you vista & you place (unconfirmed name for phase 3).

You residences is quite far from taman suntex mrt station, you vista is still within walkable distance (around 200m) while phase 3 is exactly beside the mrt station so it is definitely walkable.
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Have they built the last 2 phases?
BEANCOUNTER
post Jul 29 2017, 11:02 PM

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QUOTE(Vanilla sunshine @ Jul 29 2017, 10:49 PM)
Phase 2 - You Vista has VPed
Phase 3 Not yet
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Well you vista still a distance away judging from pix taken from mrt station.
BEANCOUNTER
post May 7 2018, 12:22 PM

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QUOTE(escanormatthews @ May 7 2018, 10:12 AM)
Hi,

Sorry for not adding more information here.

I am currently writing down more honest reviews on other high rise condos and apartments around Klang Valley in other forums so I missed some information.

To be noted: For the security concerns and issues that I mentioned earlier, I stated that I never faced those during my stay in some of the places in PJ, Subang and other areas.

I have to clarify. I have moved to Klang Valley last 10 years ago. I have been moving around every one or two years trying high-rise condos as well as apartments because I wanted to see for myself the environment and the surrounding as well as have a feel of what it is like to stay there due to my plan to buy my own house next time in Klang Valley.

In total, I have stayed in about 4 high-rise condos, 2 low cost apartment and 3 two-storey terraces all around Klang Valley. The monthly rental are all below RM 2k and are almost around the same range between all those houses I mentioned.

I have always looked for the reviews online before moving in to stay at those places but those reviews sometimes are just not honest enough. Some of the property agents wrote those reviews themselves and told me that owners sometimes wrote fake reviews to able to attract more tenants or buyers.

So, I decided to write some honest reviews on the places I stayed so that people can actually know more about the location before they decided to sign the contract. Sometimes, the most regretful thing is realizing that the environment and location is not suitable for you but you are tied down by the contract therefore have to forcefully stay till the contract ends.

Right now, I am unto my review with Icon City,PJ.

Just PM me if there is anything you want to talk to me about. Thank you.
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I can see your dilemma.

try not to go for newly vped condos. banyak investors, and they dun care who stays in their units.
also jmb not stable and professional yet.

also if you want to rent 2k per month which is the mid range rental, you cant find a perfect home in this price range. need to compromise here and there.

lastly, no matter what is your budget, there is one thing in life you cant choose, i.e. the attitude of your neigbours. Be it expat, foreigners, foreign workers or locals. I have seen local here uses much nasty language on me than my neigbours.
BEANCOUNTER
post May 8 2018, 12:43 PM

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rent or buy, pros and cons on each side.

even if you buy, you still cant take it to your grave and Malaysia banks I dun think have those financial arrangement where you can 'sell' your house, cashed out the profit but can still remain in yr property until you passed the heaven gate.

but on the serious note, I am not the kind of person that fancy about moving place every year and on rented property, the call is not on tenants side.

you will never find your 'dream place' honestly. bcos you leave the option opened for the NEXT BEST THING to come, if you get what I mean.
BEANCOUNTER
post May 8 2018, 08:12 PM

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QUOTE(jeansandcorduroy @ May 8 2018, 08:04 PM)
Your response reminds me of my friend who is renting at a studio in Bangsar. She prefers to rent and doesn't seem to mind that she is paying a lot per month.  In fact she is very happy. 

Her parents forced her to buy a house,  and she complained that she was so miserable and worried with the debt hanging over her head during that time.  For her there is no such thing as good or bad debt,  only debt.  I understand her thinking.
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She is worried abt commitment......

Thats why she stays in studio.

Am talking abt her relationship....guess same goes w property loan.

Why ppl see housing loan as 'debt'?
BEANCOUNTER
post May 8 2018, 09:21 PM

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QUOTE(jeansandcorduroy @ May 8 2018, 08:22 PM)
If I were you,  I'd rather try to find out if there was a larger demographic of people willing to spend RM 2k - RM 3k on your investment instead of low key insulting them.
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Both factors shared the sane trail.

I dun stress over rental properties.
BEANCOUNTER
post May 8 2018, 10:43 PM

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QUOTE(jeansandcorduroy @ May 8 2018, 09:50 PM)
Really? You're the one whom banks won't allow to loan because (in your own words) you have no money (https://forum.lowyat.net/topic/2839470/+260).
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Thats why i dun stress over rental properties.
BEANCOUNTER
post Jun 24 2018, 06:28 PM

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QUOTE(CharmaineLee80 @ Jun 24 2018, 03:57 PM)
if dare to buy, and convert to Airbnb at RM170 - got the capital, and installment advantage.

The Airbnb you provided - guess owner spends quite a bit in designing the unit. With RM170, and calendar availability, it seems that she cant get RM1700 each month ler.
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I dunno what market they targetting for airbnb.
BEANCOUNTER
post Jun 26 2018, 08:53 PM

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QUOTE(aaron1717 @ Jun 26 2018, 10:20 AM)
https://www.brickz.my/transactions/resident...ity/non-landed/

i thought already have few subsales transactions....
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Lelong unit might have special caveat.
BEANCOUNTER
post Feb 7 2019, 11:06 AM

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I borrow this ad tagline from Patek Philllipe

You actually don't own a house

You merely keep it for the next person.

Bijan already said.....greater Kl population will increase to 7+ million from current 6.4mil. There will always be appetite for houses.
BEANCOUNTER
post Feb 7 2019, 11:25 AM

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aunty, you never hear of migration ah??????
we are not japan....where they want to keep the precious japanese race....

here, as long as ngam religion, ngam race, can easily pop up numbers.......

if you talk abt ageing nation, singapore is more critical than malai.......

abt 50yrs condo, everything is about PRICE and LOCATION........

if the price is right, ppl will stay in cementary also.....actually cementary workers do stay in cementary.


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