What is so bad about exit road to latar from MR2..if you been to eco grandeur to Latar... exit road to main road and after the petrol station worst and dark without any light...till you reach latar hq office...and there is kampong or squatter house on some part after the petrol station....the aeon till country home is where it has been massive flood for couple of time....you still will buy there...you must be joking....

15% although on papers doesnt look impressive but for flipping this is the general market now. Seh em amd rimbayu all same same. I even hear ppl flipped seh for 20k gross gain....but no proof just hearsay.

Even rimbayu one owner was willing to let go at cost.

So to say mr2 subsale depresssing is not entirely correct.

Mind you....before 2009 u flip any landed also about the same appreciation rate....even in subang or puchomg.

This post has been edited by BEANCOUNTER: Dec 21 2017, 01:43 PM

ok.. maybe the word depressed is a bit harsh... should be "performing inline with the current depressed market" haha lol...

i personally think that the property booming period of 2010-2013 had pampered many investors with super gain and many refused to accept the normality of property performance beyond this particular phenomena.

aaron1717
this unit is even crazier price compare to M Residence 2 unit.
end lot.
bigger built up.
LATAR exit.

Market is crashing. So cheap and nobody wants.

Link to the thread here: https://forum.lowyat.net/index.php?showtopi...post&p=87435083

well.. for investors... this will be very hard pill to swallow... and especially those outskirt projects which mainly owned by investors during the booming period... kena caught with the idea of appreciation with juicy gain and renting out with good rental yield easily...

wa... is this bumi lot or what? thats so crazily cheap reserve price... this is the lowyat project phase... really nearer to LATAR interchange exit.... and 2 years ago when i visited here... this particular unit cost double the amount if nt mistaken....

from MR2 to latar exit needs 7kms.......not that near lah......

the one in auction is garden heights... its part of the lowyat project ones that are nearer to the exit... its not MR2.. haha

from memory, garden heights also not that near......

maybe 5kms.

definitely not out of GH gate then hit the LATAR exit lioa.

yea nearer like 4km to exit... slightly better loh... and 300k for corner lot leh... although alot own stayers unlikely will dare to buy auction properties... haha

Was told by an old timer... between 1990-2007... generally a newly VP will get 15-20% capital gain (after 2 or 3 years). Between 2008-2012... is unprecedented bull and probably will not happen again. How many SIFUS out there have went through Pre-2008 property market?

+1
ya only rawang ppl will know. my friend told me the same too.

i can qoute only the infrastructure a bit lag behind if compare to others township

My information from sales person:
M Residence 2 cluster semi-D
approx. 30x65
RM745k Basic
RM830k Fully furnished
after discount.

Its 32x 65 not 30 x 65......

Lets compare eco grandeur Avenham and MR 2 caspia.

30x60 garden home (1871 SQ)---32x 65 semi d.(2205 SQ)
price 740k....745k bare unit & 830k Interior Design with fully furnish & phillips hue lighting...

total unit 812 unit single entry point...356 unit single entry point...
community hall, surau and preschool space....clubhouse, gym, swimming pool,badminton,basketball court,function hall
distance to latar 8min...8min.... ( M residence can exit thru sungai serai new interchange to rawang highway & old rawang toll..15 to 18min away.
nearest shopping mall 6 min ( Tesco)....8 min ( Aeon with TGV)
nice man made landscape all around....natural lotus lake with migrating bird all around the lake.
nearest school...not sure will be built soon or srjkc ijok 20 min...srjkc emerald and straits international school 2018..15min away...
nearest clinic....dharan in coalfield 5 min away...mediviron--3 min away...

Note: aircondition point only 2 (owner need to install the rest involve hacking).....5 aircond point with conceal pipe....

This post has been edited by redfive: Dec 23 2017, 04:57 PM

328k also no taker. What the heck is wrong with this house???
Next new reserve price: 295k in Jan 18 (wow end up at such a low pricing???)
aaron1717 white knight come and save this owner from further debt.

wa... i think the syndicates are waiting for this house price to go lower only they bid... with rumawip price... you can buy a full scale landed jor.... too bad wa tak ada bullet now... lolz

This MR2 is still waiting for the club house to cmplete? How is the lake nearby? Below rm300k is dirt cheap. Few friends managed to get out for 15pc profit which is the standard for thr market nowadays.

3yrs sleepless night plus high risk, only get 15pc profit, not worth.