What a pity.
My first home property investment: Flora Damansara, Advise, Feedback, & Comments? Investment
My first home property investment: Flora Damansara, Advise, Feedback, & Comments? Investment
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Nov 20 2015, 08:12 PM
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Junior Member
434 posts Joined: Nov 2012 |
What a pity.
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Nov 20 2015, 08:25 PM
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All Stars
12,386 posts Joined: Feb 2013 |
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Nov 20 2015, 08:58 PM
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Senior Member
1,145 posts Joined: Jun 2011 |
This no hope.
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Nov 20 2015, 09:05 PM
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Junior Member
434 posts Joined: Nov 2012 |
What I meant is such a great location and cool breeze. No news. It's been a while since I go there jalan jalan. Read about things like tab cut electricity... Era, how is that even possible, means cut whole condo?
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Feb 13 2016, 11:00 PM
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Newbie
12 posts Joined: Sep 2010 |
It's 2016, how are things going on there? I see 850sf units going around RM 200k but 1080sf units nearly Rm 300k.
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May 15 2016, 09:15 PM
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#506
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Junior Member
123 posts Joined: Apr 2015 |
Flora damansara,block D, high floor, semi furnished, 750sf,end unit, asking RM 185k ( negotiable), pm me to view if interested..
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Dec 16 2016, 02:26 AM
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Senior Member
9,616 posts Joined: Dec 2013 |
QUOTE(satrianeo-x @ Nov 20 2015, 08:12 PM) QUOTE(hornbill_78 @ Nov 20 2015, 08:58 PM) What happened?? @@QUOTE(tgyap1 @ Feb 13 2016, 11:00 PM) It's 2016, how are things going on there? I see 850sf units going around RM 200k but 1080sf units nearly Rm 300k. So cheap...QUOTE(kundek @ Dec 16 2016, 12:12 AM) Yes, like a gd buy... veli cheap. |
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Dec 16 2016, 11:20 AM
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Junior Member
34 posts Joined: May 2015 |
Why not use your downpayment to settle the car loan 1st. Then you can borrow more for housing loan and can afford a higher price property.
Mortgage is cheaper than Hire Purchase anyway. And new launch normally no need downpayment. *sorry just notice this is an old post. Disregard my comment pls. This post has been edited by zestsc1028: Dec 16 2016, 11:22 AM |
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Dec 16 2016, 08:56 PM
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Senior Member
4,525 posts Joined: Feb 2006 |
You could have waited 2 more years for RUMAWIP with MRT project
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Dec 17 2016, 02:21 AM
Show posts by this member only | IPv6 | Post
#510
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Senior Member
9,616 posts Joined: Dec 2013 |
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Dec 17 2016, 02:26 AM
Show posts by this member only | IPv6 | Post
#511
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Senior Member
9,616 posts Joined: Dec 2013 |
QUOTE(zestsc1028 @ Dec 16 2016, 11:20 AM) Why not use your downpayment to settle the car loan 1st. Then you can borrow more for housing loan and can afford a higher price property. good advise, car loan around 1k/month is bad for dsr Mortgage is cheaper than Hire Purchase anyway. And new launch normally no need downpayment. *sorry just notice this is an old post. Disregard my comment pls. |
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Oct 9 2017, 01:59 PM
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Newbie
1 posts Joined: Oct 2017 |
any news for market rate 2017?
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Oct 17 2017, 11:23 AM
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Junior Member
344 posts Joined: Nov 2010 |
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Jun 9 2020, 10:14 AM
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Senior Member
533 posts Joined: Jan 2008 |
Is flora damansara a good place to rent for newly wed? Comments are highly appreciated
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Jun 9 2020, 10:18 AM
Show posts by this member only | IPv6 | Post
#515
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Junior Member
701 posts Joined: Nov 2019 |
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Oct 24 2021, 02:51 PM
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Junior Member
376 posts Joined: Aug 2006 |
Just somehow found this post I almost a decade ago. How much things has changed for myself but to give a lil update here- - I bought a 1080sf unit 9 years back at RM180,000 - SOLD it off 3 years back at RM280,000 I never stayed at the unit but mainly rented it out. During the duration of renting it out, I found myself struggling in getting a steady paying tenant. All my tenants never stayed the full 2 years contract. Some just a couple of months and bailed - damaging the built in cabinets, furniture & etc without compensation. Two horrible tenants stood out to me 1. Indian lady said renting for her and her female friend. When I dropped by to check as Electricity bills were not paid, a whole bunch of Nigerian men were there who did not know my tenant. I called my tenant, and she said it was her boyfriend. In the end, found out she rented it for a bunch of Nigerians, I accepted with a copy of their passport. But one day they bailed leaving me with a heavy TNB and Water billl. 2. Malay couple who just got married. Lady was a teacher, Male was looking employment after graduation. Could only pay a portion of the deposit but they seem trustworthy and a nice couple just wanting to start of their lives. However, they were always late on payment and often bargained delayed payment which never caught up. One random evening, I received a call saying my unit was haunted by a girl who hangged herself on the hall fan. They said the unit brought them bad luck and I lied to them about it being a safe place. I let them slide, they did not pay me back the rental owed and left with a heavy TNB and Waterbill. Looking back at it, it was a worthwhile experience. However, I'm glad to have sold my unit - less worry to think about. The person who bought the unit shared with me plans on splitting the unit into multiple rooms (even the hall to be broken into 3 rooms) and renting it out by individual rooms. I never knew what turn out from the unit and I've never been back there since then. TLDR: Worth the investment back then. This post has been edited by lilac: Oct 24 2021, 02:53 PM Onetwothreeeee, James Teo, and 6 others liked this post
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Dec 10 2021, 05:49 PM
Show posts by this member only | IPv6 | Post
#517
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Junior Member
147 posts Joined: Oct 2021 |
QUOTE(lilac @ Oct 24 2021, 02:51 PM) Just somehow found this post I almost a decade ago. How much things has changed for myself but to give a lil update here- Luckily you manage to sell with 55% price higher than purchased price. It's really not an easy job to rent out an unit. Sometimes it's not only unable to cover the monthly instalment but have to spend out for plenty of repairing, maintenance, touch up, furnitures, electrical and legal fees. And, you have to spend a lot of time deal with it.- I bought a 1080sf unit 9 years back at RM180,000 - SOLD it off 3 years back at RM280,000 I never stayed at the unit but mainly rented it out. During the duration of renting it out, I found myself struggling in getting a steady paying tenant. All my tenants never stayed the full 2 years contract. Some just a couple of months and bailed - damaging the built in cabinets, furniture & etc without compensation. Two horrible tenants stood out to me 1. Indian lady said renting for her and her female friend. When I dropped by to check as Electricity bills were not paid, a whole bunch of Nigerian men were there who did not know my tenant. I called my tenant, and she said it was her boyfriend. In the end, found out she rented it for a bunch of Nigerians, I accepted with a copy of their passport. But one day they bailed leaving me with a heavy TNB and Water billl. 2. Malay couple who just got married. Lady was a teacher, Male was looking employment after graduation. Could only pay a portion of the deposit but they seem trustworthy and a nice couple just wanting to start of their lives. However, they were always late on payment and often bargained delayed payment which never caught up. One random evening, I received a call saying my unit was haunted by a girl who hangged herself on the hall fan. They said the unit brought them bad luck and I lied to them about it being a safe place. I let them slide, they did not pay me back the rental owed and left with a heavy TNB and Waterbill. Looking back at it, it was a worthwhile experience. However, I'm glad to have sold my unit - less worry to think about. The person who bought the unit shared with me plans on splitting the unit into multiple rooms (even the hall to be broken into 3 rooms) and renting it out by individual rooms. I never knew what turn out from the unit and I've never been back there since then. TLDR: Worth the investment back then. |
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Feb 27 2022, 12:41 AM
Show posts by this member only | IPv6 | Post
#518
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All Stars
23,145 posts Joined: Aug 2007 From: Outer Space |
Got a lelong unit sold from here yesterday at cheap price.
Block D. 750sqft unit. At reserve price 140,250. Single bidder won unchallenged. Good catch? |
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May 27 2022, 03:39 PM
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Junior Member
16 posts Joined: Oct 2013 |
QUOTE(lilac @ Oct 24 2021, 02:51 PM) Just somehow found this post I almost a decade ago. How much things has changed for myself but to give a lil update here- I bought at Block E back in year 2013 and got it sold right before MCO at year 2020. Even though i did not earn at the end but I relieved that i have sold it right before MCO!- I bought a 1080sf unit 9 years back at RM180,000 - SOLD it off 3 years back at RM280,000 I never stayed at the unit but mainly rented it out. During the duration of renting it out, I found myself struggling in getting a steady paying tenant. All my tenants never stayed the full 2 years contract. Some just a couple of months and bailed - damaging the built in cabinets, furniture & etc without compensation. Two horrible tenants stood out to me 1. Indian lady said renting for her and her female friend. When I dropped by to check as Electricity bills were not paid, a whole bunch of Nigerian men were there who did not know my tenant. I called my tenant, and she said it was her boyfriend. In the end, found out she rented it for a bunch of Nigerians, I accepted with a copy of their passport. But one day they bailed leaving me with a heavy TNB and Water billl. 2. Malay couple who just got married. Lady was a teacher, Male was looking employment after graduation. Could only pay a portion of the deposit but they seem trustworthy and a nice couple just wanting to start of their lives. However, they were always late on payment and often bargained delayed payment which never caught up. One random evening, I received a call saying my unit was haunted by a girl who hangged herself on the hall fan. They said the unit brought them bad luck and I lied to them about it being a safe place. I let them slide, they did not pay me back the rental owed and left with a heavy TNB and Waterbill. Looking back at it, it was a worthwhile experience. However, I'm glad to have sold my unit - less worry to think about. The person who bought the unit shared with me plans on splitting the unit into multiple rooms (even the hall to be broken into 3 rooms) and renting it out by individual rooms. I never knew what turn out from the unit and I've never been back there since then. TLDR: Worth the investment back then. I had similar experience, also never stay at there but having both good and bad experience with various tenants. There were good tenants where they are newly married Malay couple want to start new life there, another good-paying tenant rented the whole house but decorate and did painting himself while waiting for his new house somewhere else to be ready! However, there were tenants who broke the furniture then run away without paying rentals and utilities. I just have one advice to all who want to buy unit at Flora Damansara, either you want to invest or stay. ->> You have far better choice at Klang Valley! It is cheaper for investment, but don't expect easy tenant unless you are really lucky! |
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May 27 2022, 03:47 PM
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All Stars
13,913 posts Joined: Sep 2017 |
QUOTE(acestar86 @ May 27 2022, 03:39 PM) I bought at Block E back in year 2013 and got it sold right before MCO at year 2020. Even though i did not earn at the end but I relieved that i have sold it right before MCO! Good and bad tenants are everywhere, not limited to Flora. Similar to landlords.I had similar experience, also never stay at there but having both good and bad experience with various tenants. There were good tenants where they are newly married Malay couple want to start new life there, another good-paying tenant rented the whole house but decorate and did painting himself while waiting for his new house somewhere else to be ready! However, there were tenants who broke the furniture then run away without paying rentals and utilities. I just have one advice to all who want to buy unit at Flora Damansara, either you want to invest or stay. ->> You have far better choice at Klang Valley! It is cheaper for investment, but don't expect easy tenant unless you are really lucky! |
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