I would it should be a good buy, good location even good transportation. However.....

RM850/sqft is a great challange....

Compare iCon city with Geo residence, Geo residence would be a better buy for investment purpose. iCon price is RM830 psf after 5% discount. Geo is RM850 psf before discount. Assuming they give 5%, that would be RM807.50 psf. I think they will give higher than 5%. Likely same as Geo flexi suites at 10%.

Geo has public transportation within walking distance. Shopping mall & university within 15 mins walk in the comfort of  elevated canopy walkway. Would be easy to rent out if buying for investment purpose. Surrounding environment also better than iCon which is surrounded by old run down houses.

Assuming developer gives 10% discount, the price of a 829 sf would be RM634K after 10% discount. If borrow 90% for 30 yrs at interest rate of 4.2%, monthly repayment is RM2790.

This property will be ready only in year 2017. Should be able to get rental of RM2500 to RM3000 by that time.

Studio units and 2-bedrooms condo at Subang Jaya are already renting out at RM2000 to RM3000.  Not sure whether tenants are students or working people. If students, probably they are international students who have lots of money to spend.

Two bedroom condo of size 750sf to 850 sf at Saujana Residency Subang is renting at RM2400 to RM3500.

No. I am not agent. You can get such info easily from property website such as iproperty and propwall.

Yes but have to depend on how much discount they are giving. For Geo flexi suites, they also give another 9% discount if purchasers don't take DIBS. For repeat purchasers, they give another 3%. So if they are giving 10% discount for all buyers, then I will probably be keen coz I will not be taking DIBS and I am also their repeat purchasers. So total discounts I can get will be 10 + 9 + 3 = 22%.

It is under residential.

You're welcome but I am not a bro. I am a sister.....sorry for misleading due to the name I have given myself.

If Sunway Group is giving 10% discount and offer DIBS for GEO Residences, I guess it would be very potential.

Nautica Suites 3 bedrooms unit able to fetch rental to expat students at around RM 2,800 - 3,000 f/f now, I reckon, GEO Residences at much better location and offer much better concept and infra, I guess RM 2,500 rental rate is current based, and might be little bit higher by 2017-18 since Sunway South Quay is the only player here with controlled density, and only A'Marine ( comepledt this year ) and La Costa is the added units to the area by 2017.

Am very impressed with the design and quality of Nautica Suites and much impressed by the outlook of newly completed pending CCC, A'Marine.

The catalyst of retails at GEO, next to BRT, walking distance to Hospital, Sunway & Monash Uni, walk - BRT to Pyramid, as well as road extension of NPE directly to Kesas and linked Kesas with Sunway South Quay at the back, it is worthy to make a shot for Sunway to sell a little bit higher to creates such infra.

Flexi suites phase 2 launched last week. Condo launch is Jul/Aug.

Phase 1 is Rm887 psf. Phase 2 abt Rm920 psf. Prices quoted here are before discount.

I'm not too worry whether to get positive rental, I much more worry not able to capture the gem in sunway.

i told me wife, die die also want to buy~~~~

Bro, IMO, financial portfolio is very important to determine whether this is pure do-able investment.

If any of my friend, wanted to buy this GEO Residence for investment, and looking at stretch 90% loan for zero downpayment and for 35 years and trying to expect that the future rental can 100% cover the full monthly installment + monthly maintenance fee, I would strongly urge him not to buy.

I believe that we may be positive in every products we are buying but also we must determine at risk management and prepare or plan to accept if there is any market drop where the price could be stagnant and rental price could be windfall. If we able to sustain this ( if it is coming ), I am sure it would be a clear winner.

Even though I am only eligible for max 70% loan and 35 years max. I only considering and prepare to accept the future lower rental yield of say RM 2500 per month and able to have such fund to top up btw RM 500-1000 for at least 2-3 years to flip it off for greater capital appreciation.

In my limited funds, when ever I have my prop VP, I always prepare to accept lower rental yield as long as it can be let out faster and easily subject to the tenants quality.

Certainly we can predict Sunway is going to be another level of amtured city by 2017-18 but certainly, we must be well prepare as RM 800-900 psf price product isnt easy.

I'm going too.
Need to issue 20K cheque, fill up a form, then only allow to participate in the balloting process. Successful registrant then will choose a unit of the choice within a given time frame. Only 8 units allocated for the Sunway facebook fans to buy.

Soft launch via balloting this coming Saturday with 20k booking.