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Investment RIVERVILLE RESIDENCES @ OLD KLANG ROAD [OT], Premium residential in OKR with KL addre

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Xccess
post Nov 9 2013, 04:08 PM

Twinkle lil Stars
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Not even a scaled down model???? shakehead.gif
Xccess
post Nov 10 2013, 06:13 PM

Twinkle lil Stars
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QUOTE(DoomCognition @ Nov 10 2013, 05:54 PM)
I am a bit cautious, as it is basically the most expensive condo in that area. The road leading to it is essentially filled with medium lower residential area.

Right after Riverville's junction (the Petronas station), the vibe that the neighbourhood gives is something along the lines of Kg Kerinchi. Am having a bit of a hard time to decide.
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I'll be cautious since this place is notorious for high crime rate. If investing, rent it out for few years and hopefully there's further development to improve surrounding areas.

Xccess
post Nov 10 2013, 07:36 PM

Twinkle lil Stars
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QUOTE(DoomCognition @ Nov 10 2013, 06:34 PM)
You're right on the high crime rate. That's the major deterrent for me to put my deposit down.

The other is the surrounding area. There is no way it can be improved to be honest. There are pockets of undeveloped land around, but residential units such as Avant Court, Avenue Court, Sentosa Court, etc... cannot be removed. They have been there for at least 15 years. With limited area to develop, I don't know if that area will ever change its image / vibe.
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Ask yourself if it's worth the risk? Take into consideration your love ones especially if you are married with kids. If cons outweigh pros, please look else where.




 

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