I stay around here and I don't like pipu consistently over and over badmouthing my area., and especially someone who appears to be looking to buy one here.

So, What's your excuse for viewing mk property since u say its oversupplied yada yada .

Just to let u know whole of kV is oversupply. But the few GOOD properties are not oversupply , in fact its undersupply.

Like almaspuri or damai or mk palma .. Or li villa , or bungaraya condo , prima d damansara height. Just to name some of the few evergreens.

So u r right, but only from your point of view. And hopefully u know POV can be subjective.

This post has been edited by corleone74: Mar 26 2018, 11:05 PM

Anyhow, I don’t foresee MK price going up any more. What psf you see MK going to?

So you bought and stay MK and you expect to make lots of money is it ?

Dunno and I don't care actually. You? How far do u see mk price drop to and why u viewing here? What mk condo u eyeing?

Nope, I bought it for fun as I really liked the place, it looks nice in my collection.. Its a unit I wanna keep long term.

My investment properties are not in Msia.

This post has been edited by corleone74: Mar 27 2018, 07:36 PM

1000psf for selected condos. Average for MK hitting 800+ psf.

V justifiable valuations these...

This post has been edited by empatTan: Mar 28 2018, 02:42 AM

Totally agree. I like mk. I love to collect more mk condo as well.
I used to stay there and I will definitely move back to mk next time.

Now is still a good time to buy , although prices alrd climbed up since 2008-2010

Ya got 2 unit in mk
Hopefully can afford more in near future

Bagus !! I wish I also can buy more here.

These numbers seems like pluck from the sky.

Sorry, I just an uneducated popoti punter, not Harvard econs prof...

No need Harvard gua, just look at transacted price

If anyone is interested to buy a unit here please contact me. I'm a real estate agent with few units available.

Zulkhairi Anwar (HARRY)
Call/SMS/Whatsapp - 0129125034

=)

What is the price tag?

For R22, RM800-RM830 psf. Few months back, RM760 psf also can get. Not sure still got such owners selling at this price.

now asking 820psf onwards

Even with the vp of block b? Thought more investors will let go. Anyways still below RM 830 psf

Hear say transaction very slow for this r22 . Saw at iproperty 500 plus for rent ... how to compete . Hahaha

Most of the advertisements are actually of the same units being published by various agents at the same time. (Hence, 500 plus) Competing for business . Can do a simple look through of the pictures being used. There's only a total of around 530 units in the whole project, in which approximately 30-40% of R22 will eventually be in the rental market or 150 to 200 units due to its close proximity with Gardens International School and MKIS.

However, currently less than 60 actual units are ready for rent as some units are undergoing renovations, as VP for Block B was recently given, with some still in the process.

The larger units of 2,973 sq ft and those more than 3,000 sq ft are mostly for own-stay, totaling almost 150 of these units. Only a handful of these larger units are for rent or sale. The smallest units of 1,878 sq ft, and the other smaller units of 2,020 and 2,243 sq ft are the most popular in the rental market. More units will surely come into the rental market in the near future but would peak around 150- 180 units. Given the higher demand with some expatriates moving in upon VP in the rental market, way before the locals which are still in the process of renovating their units, there should be quite a sizeable demand in both the rental market and those for own-stay.

Given the affordable rent of between RM6.5k to RM10k (US$1.6k to US$2.5k) per month for a smaller fully furnished unit and rent of only RM11k to RM15k (US$2.75k to US$3.75k) per month for the larger units, this would be a steal for most expatriates and professional Malaysians.

But we would know the real picture in about 12 to 20 weeks’ time, when the majority of the renovations are completed for Block A and the handover is completed for Block B. And more renter and owners move into R22.