Jun 17 2013, 05:22 PM
QUOTE(debbieyss @ Jun 16 2013, 07:28 PM)
guys, I need advice here:
I'm a first time property buyer. Recently I saw an apartment unit at Pelangi Damansara, the unit is vacant and rented out, and tenancy contract will end next year Dec. The owner is selling at RM325K and the current rental is RM1400 per month.
I have searched around, the units of this apartment are selling at RM280K +, not more than RM300K.
My questions:
1. Given the MRT is under construction, is it worth buying this unit for investment?
2. Should I get an inspector to investigate the value of this unit?
Are you sure on the price?I'm a first time property buyer. Recently I saw an apartment unit at Pelangi Damansara, the unit is vacant and rented out, and tenancy contract will end next year Dec. The owner is selling at RM325K and the current rental is RM1400 per month.
I have searched around, the units of this apartment are selling at RM280K +, not more than RM300K.
My questions:
1. Given the MRT is under construction, is it worth buying this unit for investment?
2. Should I get an inspector to investigate the value of this unit?
You did not state the size. I see at asking at iproperty for 1000sqft up is above 400k. The 280k-300k ones are the smaller ones 700-800sqft.
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