What’s the size?

1. of the available layout, 491sf 1+1 looks decent and safe.

2. RM1600 can breakeven based on a much further away 1bedder with LRT connectivity is doing cheapest at 1600/mth rental.

3. Camellia transacted at 970psf & absolute price above 600k

4. Novum sell around 1000psf 6xx k

5. Potential downsides? Am not comparing with better location 1bedder. Let’s take a further away comparison ie. Eve suites 1bedder with LRT connectivity lousiest rental 1600. Bangsar South, with same LRT Line connectivity could likely rent the same or higher

6. Potential upsides: Regalia studio and 1bedder transaction 920-950psf with absolute price 460-490k, Summer Suites studio-1bedder transaction ~1000psf with absolute price around 490-525k. Comparing to Regalia & SS, SL has a 100-150k / 30-40% margin of safety. Regalia, SS no carpark given

7. KL gateway Residence transacted 800psf 545k

8. Your entry for South link <750psf with absolute price just around 36xk

This post has been edited by propertybuddy: Oct 23 2017, 04:11 AM

alila transacted Rental 1800-2200? it's just recently completed and undergoing renovation by developer

This post has been edited by propertybuddy: Oct 28 2017, 03:57 PM

That's fair price, Eve Suites that has the same line connectivity going cheapest also 1,600/month. that's y projection for 1+1 SL looks quite sustainable compare to its other neighboring competitors

This post has been edited by propertybuddy: Nov 4 2017, 01:33 AM

Exactly.👍🏼 Tenant don’t ask your unit is leasehold n pay u less rental.

There are a lot of ppl having the misconception of freehold is always superior to leasehold. N some die die want FH.

Agency will sell whatever project they get. They are not investment Consultancy.

no need to regret. if the price is not suitable, dont chase anymore. good projects are around. important is buying the properties that suit your gameplan. not buy all the good one available in the market

This post has been edited by propertybuddy: Nov 17 2017, 11:44 PM

with the 1% dont make much difference. It’s already pricey at 415k, why proceed?

While 1% matters but shouldn’t be the among main purchasing consideration factor. Should consider it base on your investment goal, entry price vs competitions, rental range, how well it suit into your gameplan, what’s your risk vs rewards, how u mitigate or reduce risk n optimise your rewards, what’s your max Loan Installment capacity, 90% or 70% LTV, what’s your opportunity cost of buying SL n not other developments, would u be able to buy better or safer products with ~415k...

This post has been edited by propertybuddy: Nov 19 2017, 05:46 PM

whats the justification? Any data to back this up? Current Rental? Price vs other similar subsales? Supply & demand? No other better options in Klang Valley?

asking or transacted rental? locals or expat?

dense or not dense, dont just look at total units/land size. take also in consideration of
1. supply of similar products - consider the supply of each layout studio, 1R, 2R or 3R, etc. if a development A having 500units, but surrounded by over 9000 units. OR if a development B with 3000units and total supply in surrounding area 4000+units. then, development is lower dense / low supply area.

2. working population
- workers hotspots - is that area with sustainable n high working population?
- is there any major business developments coming up that would bring in more business and naturally more working population? for Bdr Msia, TRX,..

3. competitor pricing - how much difference in terms of pricing against other competitor in the area

that's not an accurate comparison. asking price, can be any price. it don't mean much. real demand can only be measured by transacted ones

This post has been edited by propertybuddy: Nov 23 2017, 12:19 AM