Hi all,
I am contemplating whether to proceed with MK28. The unit is one of last unit and comes partly furnished with white appliances(fridge,oven,hobs,washing machine etc), kitchen cabinets,wardrobes,5 ac,lights and some basic amenities including glass screens for bathrooms etc.

The problem is I am a bit hesitant because the selling price after discount of 10% and other rebates is RM1.5m. Even though my loan has been approved for 1.5m, meaning I pay no deposit but I am really concerned on the rental market.

The BU is 2700sqft with 3 carparks on the 1st floor facing KLCC but I think I can barely see KLCC from the balcony except for the Sunrise building.

Appreciate your kind opinions on this matter whether should I proceed with signing the SNP or just keep on looking for other viable or better investment options.

I am also looking at Regalia and VUE residences among others.

Thanks for your kind and valuable input here.


Cheers
zib5

Bro,

I can say Sunrise is offers a such good deal for the 10% discount and i think further cash rebates until you get full loan ...

If you buy for rental purposes, a unit with 2,700 sq feet built up might be quite huge and hence, opted for family expat to rent it ...

RM 1.5 mil for 2,700 sq feet is barely RM 55 per sq feet after overall discount plus easy entry ...

Sunrise is one of the condo king in MK but also consider in the range of KV ... MK28 is definitely an exclusive addition to the high end high rise into the MK enclave ...

But to compare MK28 with Regalia and VUE is totally out of the classes of range and touch ...

Regalia and VUE has nowhere near the tail of MK28 ...

Rental seni and mk10 better
I thought if this before
Left low floors only
I wouldnt say mk28 high end
Mk10 and mk11 higher end and better location
But ur entry price cheaper than earlier purchaser

no problem if buy for own stay, but for rental market; is it a good choice in this area especially above 2000sf! personally i don't think so. cheers

i know there we only 2 units available rite?

one is fifth floor and another is a higher floor but next to an utility maintenance room?

so u planning to get the 5th floor?

i was also thinking of this but the 5th floor is too low for me
if you dont mind, just grab it

Thought got at least 10 units left? As a maybe 2-3weeks ago

buy 1st floor for investment! better not unless you spend a lot in reno to entice tenant end up means more money spent.

MK price in my opinion is now very good if you buy for own stay. unless there is fire sales otherwise there are many competition for 2000sf above.

i booked MK28 earlier for high floor and decided to cancel off after comparing to seni.

i would rather buy Nadayu28 @ Sunway lo, 1850sf with 4+1R & 5B+1powder, 2 car park and also free air-con to all rooms + dining & living, free water heater, built-in wardrobe & kitchen cabinet & fully equipped kitchen appliances...the price after discount is about 1.2mil for middle floor (if im not mistaken).....buy Nadayu28 is because of the location, just next to Sunway University & walking distance to Sunway Pyramid (less than 5min)

anyway, jusy my POV

SOFO is not for me. Btw whay does sofo stand for?

Yes the sales price is good but i m worried about the rental market. So i think i should just let this unit go.

Btw it is on the 1st floor. Not really low as it is on the 4th floor actually as the first 3 floors are for parking and a hall on the ground floor.

Cheers all

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Added on June 5, 2012, 9:41 pmThis is for rental not my own stay. This will be my second property. Mainly for rental.

This post has been edited by zib5: Jun 5 2012, 09:41 PM

Rental maybe around 8k.. Due to competition
Plus maintenance sure lose

Rental for such big units probably not so easy now.