Dear All,

I was interested with Casa Suria Condo Cheras, willing to buy for stay.
This will be my first house.
However after a visit to there, i found that there are two block of casa suria.
Only Block 2 was completed with CF but no sure is leasehold or freehold. different agents telling different story.
Block 1 was only completed 60%.
I was told by one of the house owner, previous two developer were bankrupt. (this really scare me)
Now the 3rd developer is handle everything, but only work with Block 2.
seem like they still didnt work out for block 1 (some legal issues still not solved)
In fact only 10 house is occupied now, others all empty.
That area are too quite.
They claimed there are gym room, spa, playground, but i didnt see anything here.
If i am not mistake, the condo start around year 2000 but only completed 2010 (block 2)
That is a long journey.


My question are:
1) is this condo still worth to buy? (240k --> 1300sq ft)
2) as the previous developer was bankrupt, any problem when i trying to get loan from bank? i scare i will face the problem as venice hill cheras.

Appreciate that if you can share me your opinion about this.

Ya, the place is just next to venice hill.

So far i was informed that the maintenance fee is rm 200 per month.
For me it was a little bit high with only small swimming pool is provided.

Again Master skill is going to move their new campus at Bangi.
So this area will be come really "QUITE"

i Just asked the agents this morning, they told me Block 2 was completed for 4 years but no yet have the strata title.

What i really worry is about the loan and the future value of the condo.
As there are some bank rejected the loan of Mahkota Cheras since they didnt receive the strata title after completion of 10 years.

For venice hill, the bank rejected some loan application is due to the developer had bankrupt.

I am trying to find the developer of case suria. Anyone can advise me where should i go to get this infor?

Dear

Could your tell me ur opinion.
I am planning to get this my first house.
As 1300sq with 245k is really interest me.
Please tell me more..

Thanks for your advise.
U have point out the problem ---> maintenance, facing difficulties to sell
now the developer are trying to built back block 1 (what they are telling)
start from next weeks, there will 30 units occupied by MasterSkill students.
Good rental here RM 900-1200 per months

If the new developer really work out, the condo value will increase.
BUT is the developer run away again, the owner here will "going to HELL"

Should i take the risk? should i put the hope on new developer?
What if the students move away to BANGI campus??

Thanks, You remind me again for new point ---> Safety
appreciate

Confirmed by the Guard, i saw the MasterSkill school ady sent there bedroom facilities also

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Added on August 2, 2012, 4:17 pmYa... after hearing all advise from your all, it is better for me to find new target.
Anyone can suggest ?
My budget RM180k to RM220k Area not less than 850sq ft

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Added on August 2, 2012, 4:18 pmAppreciate if you could suggest me some ideal condo


This post has been edited by Dodobi: Aug 2 2012, 04:18 PM

ar~~
But i cant find others condo with this price and area.
I found that there are some condo in Mahkota Cheras
However, the safety is worst there and the traffic is messy in morning time

Thanks Hunakadoo, I am searching new target now

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Added on August 2, 2012, 4:34 pmDear ur advise is really helpful.
Open new topic later

This post has been edited by Dodobi: Aug 2 2012, 04:34 PM