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?

My one is a low cost one, orange color building.

I commented in version 10 that everything is looking too rosy with bond yield all time low, equity all time high and property prices all time high, all dirven by liquidty. With the unwinding of liquidty now, MGS yield has steppened, USD to RM today 3.197......next should be equity, which we will see a huge reversal of foreign fund...... Property? if market panic......i think we will see people locking in profits, more selling than buying and price will drop.....coincide witht the oversupply of high rise coming 2014. If i am thinking of buying, i will hold on first.....i think we should see some correction (>10% drop in MV) in 2Q14. Just my thought.....

30%-50%

dont be surprise, u guys are all active in prop forum and many veteran in prop (another assumption),mayb is hard for you guys to believe why net combine income have 8k still dont buy a property...but i think their existence is important for the investor here...

the reason why they still look see look see....

1. Believe market will collapse, dont know how to do research.

2. why they believe mkt will collapse? many DDD campers scare them off...i think what DDD campers said are make sense, but they fail to digest or interpret the message correctly...(like doct or engineer age 25-30, some of them good in their prof but not good in investment or property), sometimes ppl just alert them just be careful, prop price might fluatuate...bla bla bla...so they look see look see lo...

for example, property market price might have some adjustment in 2013, they might interpret as market might collapse in 2013...in fact...just an adjustment of -10%, they wait for 1-2years, up down up down...end up still look see look see and release that the  price increased...same cycle might happen again if they dont learn & dont do research

Boss if DPC ok??? Slightly higher than ur budget.
If not mistaken 2 units, its 1.35mil each in Nadia. However, I falied to contact owners. Heard fr management tat owners might just settle prior to auction. So stil unsure if can c tis 2 units in auction.

Back to house pricing. Are you seen now Lelong house price already increase? Last year still can see around RM 400++ but now RM500++.

Rooney bro, your point make sense...but in fact it really happen to some managers...

real example, asst GM, salary earning more than 10k, driving estima as weekend car, ride motor ex-5 to work, he really dont care how ppl look at him...and his wife has the same earning power...

ride motor is worst than take LRT right ?

interest rates?