atria area is quiet and cramp area and if the sofo is completed will be more congested. for investment or rental is not a good idea/return whereby the area is not expatriate area and if the price of the sofo is high, the rental will not fetch high not able to cover the loan + maintenance cost due to to the high price bought.
one thing bad about condo is the recurring maintenance,sinking fees monthly. in the long run will not benefit the owner unless the rental is high.
Rent or no rent have to pay the maintenance monthly, indirectly renting a room
nowadays condo where got cheap when purchase new one. rental is low and very competitive. have not included the renovation and furniture & fitting cost yet, another hidden cost.
another problem is the shopping mall, if the management cannot get hyper market like tesco, jusco, carefour / any cinema etc to come in, will be another flop shoppoing mall like ss2 mall, or tropicana city mall.
Parking is another problem at atria area. very limited and congested
This post has been edited by lowyat888: Oct 16 2011, 02:59 PM
Investment ATRIA SOFO SUITES @ DAMANSARA JAYA, by OSK Prop Holdings Bhd
Oct 16 2011, 02:52 PM
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