Hi All,

I'm trying to compare this two project:
1)Ivory Residences-Kajang
2)Paragon 3-Equine Park, Sri kembangan
Both are having good promotion packages with low dowpayment and reasonable price per sqft,

Honestly I dont feel this Ivory will being appreaciate much if compare to Paragon 3 by Paragon Mastery,
1) Equinepark-Surrounding(new project) is selling 450(avrg)/sqft, paragon 3 launch with the price of 330/sqft,
Invory-Surrounding new project is selling around 300+/sqft, the price offer is around 270-290/sqft.
2) interm of renting out-Equinepark have quite a number of new business center is on going and under development,
3) futhermore EquinePark is more near to KL and PJ compare to Kajang.
4) for 100K appreciation-Ivory Kajang i think at least 5 years(due to given 9% discount- Market price only need go up to 450k++ will alright to flick, QUITE REASONABLE
Paragon 3-downpayment is only 3%, some more new projects there is selling nearly 450(avrg), being confident that this project can get much more IN RETURN (ONLY problem is Big Sizes-Selling Price also High loh--not that easy to sell off in short term)0

Detail--Invory size is 1288(tower A) with selling price 355-400K, Paragon smallest started with 1498sqft started with 480K above.

is really hard for me to chose which one to invest.

Any idea?

For your information Bank Loan can borrow up to 40years (below age of 70),

lets say your monthly instalment is 1600/3000(nett)- DSR(commitment is 53%, max can up to 70%,

so still can borrow,

No worry, except you have other commitment such as CAR/CreditCard/Personal Loan etc... all will be counted as your commitment.

Thank for your opinion, however once I compare both project, paragon 3 really very attractive interm of pricing and facility, only problem is SIZES. Anyhow, I think will not take up any unit for P3, if the selling price for the smallest unit touch 450k above, for condo + lease hold with paying monthly maintenance is not worth, unless for own stay.

For ivory, I don't really like the whole layout, and not much facilies for this project, what I can recall is swimming pool, gymnasium and badminton hall(so call function hall) I just went to the sales gallery and actual site today, this project located far away from KL and PJ. anyhow for people staying nearby Kajang or work at semenyih then might be a good unit for them. For flipping, to me I think possible, but no matter how still Kajang(slow develop erea), and I do agree with you, 450K will be reasonable price after completion,

if buy, MatiMati might not sell and think of long hold for look see look see 1st, if the MRT really work la. Since few banks is there, Tesco and Giant just near by.

Plus 360-400k loan, installment Still less than 2K(after plus maintenance), (note: this place not suitable for renting)
I rated: 65% Can go for this project. (flipping)

Yes, due to rental demand is very low at Kajang erea, if you search at iprop or some property website easily you can get a cheap rent unit near Kajang town, IR is located quite inside and near to semenyih d that area, once MRT start operating situation might changes, as mention installment For 360-380k plus maintenance might cost monthly around Rm2K, how much your rental asking price? Really depend on how you see see loh for IR. anyway that's my own opinion -you might have your own view . To me If I buy will prefer to flip if market is good at that time .