Recently saw a few studio units are listing on iProperty, 520sf - 993sf from RM290,000 - RM420,000. Leasehold commercial units with strata title, fully furnished.
But this property's price in 2009 was selling RM249,000 for 520sf, now in this properties blooming period its price also not climbing much high, is it worth to invest? Rental rates there from RM1600-2000. The agent says he can assist me to rent out within one month wor.

Ask him if cannot how? Just be careful agents can promise you haven and earth before selling you anything! After that they might *poof* ignore you. Make sure you get a reputable agent if you want to buy house, esp. if for investment.

Entrance thru the back

Make sure to do your full due deligence before anything. There are many pros for this property, and there are also many cons for this property. Decide only after you have identified and weighted all the risk involved.

Oversupply in that area maybe?

I also doubt how come this studio price is still around 250k. Anyway I feel the location is great, suit for those expact to rent. LRT is going to built nearby right?

The road leading there always jam after 6pm. If Jalan Duta floods, u can't even reach home.

that place damn jam, last time i work in shell house nearby

and i just went there last weekend for lunch, looks damn old d

The LRT line will run right in front of it; that why there are so many units available.

As it is, with the existing traffic its already quite noisy and polluted.

To my knowledge, no expats live in this development, only students. Occupancy rate is low.

true enough. and i'm speaking this based on experience. agent helped me buying this subsale property earlier last year. he said everything will be smooth. but the moment he got his money, he cabut and ignored me even when i had problems with the S&P lawyer (which was recommended by him). he did not do anything at all. and earlier this year when everything was settled and i got my keys to the house he called me asking if i want his help to find tenants. i was like wtf? lol.

I didn't really like the interior walkways of the place.. Looks a lot like a hospital actually.. Main issue of the place is access.. You will have to take big detours to get back..

True. Interior common area is not impressive at all.

no positive comments? price is quite cheap

This post has been edited by airline: Mar 30 2012, 10:37 AM

it is very true you should do your due deligence before purchasing a property. or else you going to suffer 30 years paying back the home loan. so do you have the time to do the due deligence? are you doing it properly/thorough check? it is better to let the professional do it. for more info about getting a free property investment analysis, please click here.

are you there will be expat renting the place? You need to do research to find out whether LRT going to build nearby or not. Better let the professional do the thorough research for you at no cost.

that's very true. unless they willing to take public transport such as LRT.

if you want more info about the feasibility to invest in this property. why not get yourself a FREE analysis from here

Who is your agent? I am getting a unit there too, hopefully would get the key soon. So looking for a good agent to rent it out too.

Actually I think its ok based on the pricing. Actually the reason for the cheap price is because of something which happened about 3 years ago.

*hint it was opposite the condo

landslide near CIMB building??

Spot on


But at least they cemented the hill already..

This post has been edited by Lcsx: Mar 30 2012, 01:27 PM

new LRT is going to built nearby? wondering why still not selling in higher rates?

The MRT station will be near the Caltex, about 300-400m away, unless a proper walkway is constructed, if not it would be not so condusive to walk to the MRT station. But you do get a bus stop right in front the condo.

As for access road, with the new Istana ramps, going back to the condo is much shorter if you are from Damansara.

this place just gave me the creeps.............the last time I went there...........pool wasnt even clean and probably the dirtiest I've ever seen in any condo todate...................and the SMELL seems like the building has a ventilation issue..........................

To add on to the negative side of this property,
if you are thinking of renting out to Help College Students,
please note that Help is planning for a campus at Subang / Shah Alam areas(cannot remember the name.. getting old lah)

Just received the key and visited the maintenance office and the unit. The JMC had done a great job for last 1 year improving the facilities. Loose tile at the pool is fixed and was told it is clean 3 time a week now, althought the Jacuzzi pool still non functional during my visit there last weekend.

The maiantenance fees is at whooping RM0.40 psf since 2012 with sinking fund at RM0.04!!!

However I am impressed with the newsletter and annual report from the JMC. At least I know where are all the fees are spent on. Well done for that.

So has anyone recently bought any unit here? I see a lot of units are being advertised for sale. I am planning to buy one too but reading all the comments i am bit afraid this will be an abandoned building.

I also went to view that apartment before ! Look ok inside the building . Planing to get one , what is you guys suggest ? Got one agent offer me rm300k unit face main road , rm320k face to green. Face green view is very nice ! Front very noisy . What is you guys oppinion ?

But is happen opposite not at 10semantan. I went there the maintenance is better . Seriously not worth for investment ?

For commercial projects, I think unit owners will not be able to form a JC to self-manage the project. So u will forever be at someone's mercy. Correct me if I am wrong.

Anyway, golden rule is: "Good things not cheap. Cheap things not good."

city one's location even better. summore got 'expats' renting. very cheap

Any others project can recommend ? Budget rm350k below.
10 semantan already form JMC .

320k? For how many square feet?

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Added on December 24, 2012, 10:02 amWhat is JMC?

This post has been edited by MrSimperr: Dec 24 2012, 10:02 AM

320k for 520sf
JMC meaning that the owner there vote for one chairmen to handle the building , if anything want to improve or sugguest can talk to JMC.

This post has been edited by 12Digit: Dec 24 2012, 11:59 AM

Thanks for the info. So i gather that JMC is something like residents association .
Everywhere else is freaking expensive these days. Even flats are crazy expensive. Sigh..
The price for a unit in semantan is still affordable to me

I prefer face main road .

Is it true that the building was completed in 2006?? It looks Way older than 6years, and the design is so early 90s.

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Added on December 26, 2012, 9:29 pmIs it true that the building was completed in 2006?? It looks Way older than 6years, and the design is so early 90s.

This post has been edited by MrSimperr: Dec 26 2012, 09:29 PM

As a tenant here, I highly don't reccomend this unit. Terrible management & maintenance. Came up with stupid parking system that require guests and visitors to pay rm5 when they came overto visit, even with the paid parking outside the condo there were inssuficient. Friends have to park on the sprint hway curb on desperate times. While the management told us they're working on the visitor parking, we have to live miserably for several months. Low maintenance on the corridor (leaking for 6months, despite they tried to maintain).

Highly not recommended if you're looking for a comfortable & lifestyle stay.

Thinking of acquiring a unit. Any more opinions about this place?

Bank valuation 3 months ago was 280k for studio unit.

If walking to future MRT, it would be via the ramp to Istana Pintu 2 as well. Once at the ramp, there is a staircase to walk down to the MRT station.

Yes main put-off will possibly be MRT tracks in front of you. Back view is a wall. The units are all filthy looking & some even smell filthy, walkways are dim and poorly maintained. Unless there is a total refurbishment (which of course will jack up the price), I dont think you can find good tenants to stay there. I also think it would be very quiet & a lonely area after work hours.

For this part of the city, the MRT is mainly for people to get to work I would say.

Hi guys...checking on hows the place now...still cheap to enter 320k only...any views...tq

320K probably for those facing the MRT track.

wondering if this a good place to invest ? 360k for 5xx sqft..

I wonder how much higher can the price go once the MRT comes into action....

Why so cheap?....sure or not?

pavilion 2 will be there soon ~ price will different

haha yeah.. Damansara Heights is one of the top 3 Address in Malaysia..many VVIPs live there..

better than bukit tunku?

Nope Bukit tunku plus Taman Duta will always be number 1...PM also live there.. dpm dsara heights... the other one is Bangsar...

tropicana not in the list

Top 10 or 15 la... only prob with most (not all) houses in the top 3 areas is the lack of GnG so they have their own guards.. tropicana GnG so can save money on guards

Looks like this property is flying below the radar. It is indeed undervalue.

Now. Mines is more exclusive. My Big Boss is top 30 richest Malaysian live there.

top 5 richest live in Putrajaya

btw, MRT line for damansara will be postponed after 2020

agree, but this 10 semantan is too close to the main road and elevated mrt line leh.

i'd think damansara heights / bukit damansara is nicer compared to tmn tunku/ kenny hill. it's lively yet serene due to the many beautiful landed homes. taman tunku a bit secluded and lonely i felt.

Is 10Semantan walking distance to MRT station?

Yes...5 to 10 mins walk up a slope

i still like this house in bukit tunku

Any idea who's house is this?

Yeoh tiong lay in Dsara Heights.. ur name got all his alphabets

This post has been edited by Babizz: Jan 7 2015, 02:08 AM

10Semantan is a normal condo (not nice at all)... prices have been flat for a long time with bad access etc..
Bukit Tunku got too many 'unrenovated' houses there... Mahathir son mansion in Country Heights, Kajang (not good maintenance also)

This post has been edited by Babizz: Jan 7 2015, 02:11 AM

YTL/TYL: well i guess fate has led us to the different paths then.

You are very observant . Haha

Meh. That doesn't contribute much. The main problem is the developer/management company. Sucks to the highest level.

shit, i passed this house a few times before and i recall seeing a big letter "M" on the entry arch / gate, so i mistakenly thought Dr M or relative house.

just out of curiosity i wonder how much the house and land is worth, any idea.?

This post has been edited by corleone74: Jan 7 2015, 10:54 AM

Should be more than RM100 mill easily.. u can google up to see how the house looks like inside (i wouldnt stay thr, looks like a concept house showroom).. maybe the M is for his friendship with mahadir

Oh ya 10 semantan had the landslide few yrs back. CIMB IB (used to opposite 10semantan) is now in Kl sentral n they are renovating this office to house a few commercial banking departments or private banking (forgot d).. maybe can target tenants from there

The land is about 1 acre thereabouts. How much is residential land in damansara heights worth (psf), do you know?

Corleone Boss,

Wide range from 400-800 depending on the location so the land on his lot should be around 20 mill at least (42k*500)..

This is the apartment that had corpse inside the water tank last month. Pity the owner..

Link for references

http://www.thestar.com.my/News/In-Other-Me...und-water-tank/
https://forum.lowyat.net/topic/3578816/all

adui...wonder what floor and unit number..

It is the common water tank. About 200 residents in the apartment were affected.

Got price or not after the dead body in water tank incident??

Imagine using corpse water for weeks

seriously I totally forgot about it

It is 2 years after the corpse incident.
How is this place doing now?

The corpse case happened in Block A (hotel) or in Block B?

Should be Block B.
Block A is labelled as Peninsula Residence, instead of 10 Semantan.

Cheap lelong unit check in. Big 2 bedroom size. Drop from 540k.

A-7-13A, Block A, Hotel Peninsular Resident, 10 Semantan
Reserve price 🔥🔥RM 354,800🔥🔥
Leasehold until 2108
990 sqft, 1 car park slot
Auction: 27-Sep-2019 (Fri)
*Non bumi lot




Previous Auction(s) for this property
Auction Date Price
2019-05-09 RM354,800.00
2019-03-28 RM394,200.00
2019-02-18 RM438,000.00
2018-12-21 RM486,000.00
2018-11-15 RM540,000.00

almost 200K dropped in value liow...can buy boh?

No bidder once again. Further price drop. 6th round re-auction.
Updated details as below:

A-7-13A, Block A, Hotel Peninsular Resident, 10 Semantan
Reserve price 🔥🔥RM 319,400🔥🔥
Leasehold until 2108
990 sqft, 1 car park slot
Auction: 20-Nov-2019 (Wed)
*Non bumi lot

4 bidders just now.
Unit sold at 358k. Slightly higher than last month RP.
Still a good catch.

Good for rental but I doubt there is any significant upside for capital appreciation.

That’s my view though.

Another lelong unit sold yesterday.
520sqft unit.
Single bidder won unchallenged at 225K only.
Good catch.