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> Pinang Heights @ Section 18 • Shah Alam ~ A New St, PKNS Condo in Shah Alam

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Cakis79
post Apr 19 2013, 08:17 AM

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I went to Pkns last 2 weeks asking for this project. Info I get from their SA:

- price starting from rm462k b4 disc
- only 60 unit, each unit comes with 2 car park
- Maintainance fee approximate rm0.36 psf..
- got 3 layout, 1238sqft,1263sqft and 1400sqft(this one only 6 unit available)
- 13 storey, 2 storey for parking
- facilities swimming pool, gym, hall
- leasehold, guarded

My personal opinion, this is very expensive. Location wise is OK surrounding by shoplot, giant, mydin, Uitm hostel.
Say if loan amount 430k, 30yrs,blr-2.2, monthly around rm2103. Maintainance fee for smallest unit is rm445 so at least one need to rent it out for rm2548 to cover that

It would be difficult by looking at surrounding which rental for double storey also not more than rm2k and there's a lot of flat around there which rental less than rm1k.

This is just my personal opinion..




Cakis79
post Apr 19 2013, 10:30 AM

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QUOTE(rainman19 @ Apr 19 2013, 10:20 AM)
PKNS perceive themselves slightly premier developer, targeting all mid range development.
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I wonder who will buy this..
- Own stay? - maybe no. With this price can get terrace Subsale
- investor? - might to think twice about to flip or rental...
- insider? - might as well sapu becoz they got more discount some more and flip upon complete.

Cakis79
post Apr 20 2013, 12:27 PM

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QUOTE(spikyz @ Apr 20 2013, 11:05 AM)
Lol i received the email as well.

i stayed at section 18 for 15 years before this. My parents still have house over there, 2 storey, renting it for 1200/month only.

and this apartment, for 430k? u must be kidding me. there is alot of cheap flat around section 18. why someone want to buy this 430k development?
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Totally agree.. That's why I wonder who r going to buy this condo. Lets see how the take up rate next week
Cakis79
post Apr 23 2013, 03:27 PM

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QUOTE(eeki @ Apr 23 2013, 02:51 PM)
anyone know where is the exact location of this place? as I know, not mana vacant land at seksyen 18.
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Next to Uitm college Sek.18, opposite sekolah pendidikan khas. If u notice there is a small recreation park, this condo is beside this park.
Cakis79
post Apr 24 2013, 05:10 PM

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QUOTE(lye @ Apr 24 2013, 04:53 PM)
Yes, I think 490k-500k can get 20x65 newly completed DS house at Sek 23, opp AEON BIG (carrefour) ..
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Correct.. Current market value is tm480k for double storey sec 23..

 

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