Simple:
1. I can afford it.
2. 5.6% return...not great but then again, you tell me where I can get 7%-8% return on subsales nowadays.
3. SJCC and Kecana Square future development in 2017.
4. only 6 other condos in the vicinity, I think supply max 2000 units in total in that area
5. Extremely easy to rent out based on its 5 year track record, mix of students, some expats and some working professional adults. 99% occupancy.
6. 3 very established private colleges within walking distance. 3 more within 30 min max driving or/public transport.
7. Vibrant middle level to upper level working class people to rent out
8. LRT, commuter, BRT and Sime Darby's Bus Hub plan for SJCC, right at the condo's doorstep, all integreted. LRT and commuter within 5 min walking distance
9. Direct access to Federal, NPE, Kesas and easy reach to LDP
10. 2 famous and successful malls plus 1 hypermarket within walking distance. 1 big one within 30 min drive away.
11. Next to the SS15 commercial center.
12. The best maintained of the 3 Tiaras, with the reputation of having the best tenants.
So tell me, does this justify my purchase of the 660 sf?
There u go again.....
No time to entertain u these days.... Focusing on other market now....
Some others will still probably entertain u.... 😜