There are too many chances for people to buy this because the entry package is very tasty but until now it's still not sold out. Why? *Thinks

If this is a rental play having to rent at RM1.5k is a big stretch. If you get you're going to target young singles and possibly some students. For RM1.5k they may be more inclined to rent in CBJ straight since anyone considering a 1-bed or studio in this area most likely works in CBJ. For RM1.5k you can pick up a almost decent 2-bedder in CBJ.

If die die want to stay in SK there is so many choices like you mentioned. Outside of the SOFO/SOFO market there is also those houses which rent for much cheaper.

For flipping you have to compete with all those other SOHO's in the region. An investor would be skeptical to invest if the unit can't be rented so if you don't believe in the rental you can't believe in the flip either.

That only leaves those who wants this for own stay...