I was one the earliest I think to book and proceed with acquiring a unit here. To me it made sense for the following reasons:-
- it had most of the features of an upper tier / luxury condo
(low density, decent buildup, facilities, private lift lobby)
- its a stone's throw away from the Mont Kiara enclave with DPC very closeby as well.
- a very competitive price psf (when you compare the price points for a similar product just 1-2km away)
Now, the turn-off may be the squatter area and the poor link road etc. However, its just a matter of time thaf these issues will be resolved.
Once the link road issue is sorted - you're very very accessible to KL city via Segambut/DUKE, PJ via Sprint, Mutiara Damansara via Penchala, and even the upcoming Ara Damansara / Subang Bestari side (with the DASH).
Now I am not too optimistic about the rental market at this point, but if for your own stay, and for eventual resale a few years down the road - you could expect a decent appreciation in value.
Thanks for sharing such great point of view! π Sounded like you are quite sure about what kind of property you are targeting all the time. Do you think resell value for condominium or let say 2700 or 3700 villa will be better in the future? As the villa has it's own unique private pool in the house, will this makes any difference when come to rent or sell? I mean can the be the reason of being more competitive or at the losing end? π