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 Which one better? PJ or Rawang?

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37 Exposures
post Apr 14 2013, 12:12 PM

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QUOTE(Chris Chew @ Apr 14 2013, 02:35 AM)
Boss,

Anymore options?

Its pro and con to buy a completed with immediate rental vs buying under con and hold further. I ain't that pro in both props you mentioned but I share a bit ...

You can see above, to buy a RM 600k subsales, you need a upfront cash of RM 100k and for under con like MR1, RM 20k now and RM 28k ( within 2 years ) plus MOT ( if TMS does not cover it ), you have set yourself a mode of capital appreciation play, rental + cap appreciation play in lowest modal, cash on cash return.

UT might be a bit old, and since 2009-2012 is a property bull run, most of the good prop had appreciated from min 50% to 100% or even more, but how does this UT performed over the past 3 years? Did it hit 30-50% btw 2009-2012 period? In terms of rental, it looks more solid than Rawang, very certainly, but apple to apple comparison, how much UT can go upon 2015 ( the period MR1 completes ) or 2017 ( 2 years after MR1 completed ) where by 2015-17, the gravity of KV is growing bigger and if the market is going hotter, I suggest any new home buyers would much prefer a new house at adjacent area of say, Damansara, Bangsar South, Puchong, OUG / Kuchai Lama, Bkt Jalil / Sri Petaling as there are plenty of new and good condos available from 2014-15 onwards.

MR1 Phase 3 22x80 is definitely a good house, a new landed is obviously certainly much wow factor than a condo, not to say, an old one. RM 600k+ entry price for a Freehold DSTH bearing the size of 22x80 + 5 is very fair, albeit the location is Rawang / Kundang. I myself personally interested into MR1 previously, but due to timing vs location and catalyst, I did not enter back then. The most tricky way of my found out would be there are total 2 phases of 22x80 within MR1 and Saujana Rawang also has plenty of 22x80, not to say Emerald East and West most houses are nearing / around this size, hence I would feel, the competition of this size houses are huge, the windfall about it would be the location of MR1 is yet to matured by 2015 against Emerald East / West.

The entry price of early buyers for RM 550k ( 22x80 intermediate) is very secured but as a late buyer of RM 697k, you're require to hold. Ex, by 2015, if your the 27x80 is asking at RM 850k, it is a fair asking price based on current trend, but not sure by 2015, I think buyers would weigh in the consideration of what are the options available at such price. In fact, I found not many very good landed of Freehold 22x80 Fenced & Guarded selling around RM 600k, the nearest would be Nukilan 3, Alam Impian from RM 680k. A similar trend of 22x75 new houses easily cost over RM 650k.

IMHO, if you're into good holding power, and look for cap appreciation rather than rental, I suggest landed. MR1 is good, but I predict 2017-18 is a good timing for Rawang to boom off since LATAR Exit should be completed by 2015, MR1 Phase 1 has completed for 3-4 years since 2014, Phase 2 and 3 at 2015, M Avenue in 2015, Corus at 2015, MR2's Phase 1 and 2 at 2016, Saujana Rawang at 2014-15, much elegant Emerald Gardens in 2014, Lakeclub in 2015 as well as Tan & Tan shops at Kundang should be by 2015, BRDB's houses should be by 2016, Sunway - Sunrise high end bungalows at Rawang by 2016/17, SP Setia's Templer JV early phases by 2016.

If you're into cards game, playing with pass and flip at each call, completed property with rental at good location is more decent and looks liquid rather than prediction and forecast game. It offers a call of rental and flip anytime if unable to hold.

For me, I like to mixed both, but much prefer cap appreciation at certain year / target and flip, definitely rent out the prop to protect the cash flow and the unit being vacant horribly. One of my most risky buy, a leasehold condo in Sunway, offers me the best ever rental yield which forms the prop appreciation at certain limit, it's a lot above my expectation. Another so-so location freehold condo offers me a great rental yield but the prop appreciation performance is very slow btw 2009-2012. However, the landed I had, both had difficulty to rent out even at low ROI, but both were the props gave me handsome capital appreciation and power of demand.
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MR1 definitely good buy, close to clubhouse, M-Avenue and future commercial development drool.gif
Agree, 2017 is the good time for Rawang to rclxm9.gif but 2015 Rawang property is not everyone can afford anymore!
MR Corus very nice and spacious!!! wub.gif
37 Exposures
post Apr 14 2013, 05:55 PM

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QUOTE(Chris Chew @ Apr 14 2013, 04:14 PM)
Corus 68's 40x85 is a truly big size semi-d with built up 3,300 sq feet onwards. The show unit even looks much bigger than 3300 built up with it's layout, high ceiling and design.

It is a good upgrading / choice for the Rawang / it's surrounding folks with the decent price, really envy it. The current location might be a bit tough to attract someone from Shah Alam, Damansara, PJ, Subang or others like me but once the current rapid development in Rawang is matured by 50%, I'd say it could be much different story. Houses here are still affordable compare to the other locations which had the similar distance to KL City, but there were few where the prices had been matching the premium price tag and sold well, I think a Chinese populated area will do well, just in matter of time. It reminds of me old Puchong.
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+1 still affordable compare to the other locations which had the similar distance to KL City!

Let's patient wait for next quarter, Anggun 3 and Emerald West Bungalow definitely will increase the price tag to another stage!

This post has been edited by 37 Exposures: Apr 14 2013, 06:00 PM
37 Exposures
post Apr 14 2013, 06:08 PM

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QUOTE(Hello_kitty 89 @ Apr 14 2013, 05:59 PM)
GE is around the corner, wait first?
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For property agent, now is the good time for travel!
Japan, not bad! brows.gif
37 Exposures
post Apr 14 2013, 06:18 PM

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QUOTE(Chris Chew @ Apr 14 2013, 06:11 PM)
Haha, why property agent? Why Japan?
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Best travel period and yen now very cheap!!!!!

Rest is to prepare for the longer and better journey ahead rclxms.gif
37 Exposures
post Apr 14 2013, 06:24 PM

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QUOTE(Hello_kitty 89 @ Apr 14 2013, 06:12 PM)
Go Thailand see ah gua..
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Bangkok not bad also, after go there, you will know how cheap is KV property and how easy for foreigner buy property and get loan in msia!!!
37 Exposures
post Apr 14 2013, 07:22 PM

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QUOTE(Chris Chew @ Apr 14 2013, 06:40 PM)
I viewed the properties ( service apartment / condos ) at Bangkok before, I believe the concept at Bangkok are very good and KV has no fight at all currently.

The only difference would be, most of our condos in KV comes with larger size and larger land with more spaces for the facilities, as well as much cheaper if we using prime to prime location for comparison.

I like the idea of compact land size, say only 1 acre on a prime area with good accessibility, ground floor being as car park and main entrance, facilities at 1st and 2nd floor, and low rise ( up to 10-12 storey ) condo with decent price and very much better quality. This same goes to HK as well. Easy to maintain and security is very well to organize.
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Yes, build on a small land which close to BTS or MRT and build up usually <1000sf & 2r2b
Facilities and building outlook just normal but with grand lobby & nice landscaping..
Some even half of the serviced apartment rent for tourist and ground floor rent for restaurant, cafe or social bar notworthy.gif
37 Exposures
post Apr 15 2013, 03:18 AM

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QUOTE(AMINT @ Apr 14 2013, 11:43 PM)
I also wonder why TS never consider emerald? Better than M residence imho. Anggun more expensive due to bigger size
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Yes, seldom hear people compare between M-Residence and Emerald West project to project...
If compare, MR1&2 should compare to EW which project???

37 Exposures
post Apr 15 2013, 03:23 AM

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QUOTE(lynforum @ Apr 14 2013, 11:45 PM)
Bro, not to say better or worst but EW is a diff ball game because not G&G and no club house/ swimming pool  wink.gif
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EW is not G&G but F&G
EW no club house but with a big lake at the centre, free of charges, open to public as well brows.gif
37 Exposures
post Apr 15 2013, 11:34 AM

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QUOTE(cheahcw2003 @ Apr 15 2013, 10:21 AM)
Club house in EW is in the planning stage now, most probably they will announce it in their next zero lot launching.
The club hse is closed to the Zero Lot and Emerald Garden, opened to all EW residences, but not compulsory. The lake in the center, the sales said want to beautify and make it like Waterfront City like in DPC. Hope they not just talk only.
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Good. Let's continue it in a new thread open by AMINT.
http://forum.lowyat.net/topic/2774595
37 Exposures
post Apr 15 2013, 01:53 PM

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QUOTE(utph145 @ Apr 15 2013, 01:34 PM)
Rawang property boom spreads towards Tasik Puteri >>

http://www.starproperty.my/index.php/artic...an-tasik-puteri
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Thanks for sharing!
Starproperty quite efficiency, hope soon can come out some reviews about Anggun and Emerald West!

 

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