Another 20 to 50 years maybe can turn to another Damansara… but high rise value will start to stagnant and drop after 20 years… so within this 20 years… the high rise in this area won’t see any uptrend movement due to super inflated price past 10 years that the purchased price was beyond 30 years can be said

If people buy into this crap like Seremban is the new PJ or Jinjang is the new MK then god help us all.

Highly recommend by many forumers and some blog said ok.
But at 400psf is quite fair value lah.

How much is the average rental for SQwhere?

Bumi lot lelong unit VS non bumi lot.
Interesting......

Worth it to buy. ROI rental can get 4.5% and above at auction prices. This is from experience.

So you need a property to halve in value for it to be an ok investment? How then for those who bought direct from developer?

No one wants this to happen but it is what it is. The sooner the prices go up, the better for the original purchasers. Now it is a good buy. When prices recover (with Kwasa development starting) everyone benefits.

Bought in the wrong property cycle....
Consequences bought at the peak price.

Many gurus usually bought their 1st property dirt cheap from subsale...owner sold it at loss most of the time. Or way below market price.

For lelong units usually are for those got some financial buffer or richy... Coz unforseen issue. Rich getting richer.

Now even rumahwip units also many lelong. Could be sapu by the rich too in lelong market coz price really low and they can easily come out 10% deposits. Bought in price so low in lelong market... rent out could easily get 6% ROI.

This post has been edited by wotpian: Aug 11 2022, 08:17 PM

But still paying 800 psf for SG Buloh is madness. Btw it’s not rich for someone to be able to afford a 10% deposit of a 500k property. There will be the opportunists and losers.

If really good return, wont be so many lelong out there. Even rental also can cover installment. Too many idiot in property market😂

What happen here?
So many lelong units active now.
Not taken account many units already being sold via lelong since VP.

Sqwhere @ Sg Buloh

SA-9-2. RM 700,000. 980sf
SA-16-11. RM 329,000. 980sf
SA-19-6. RM 864,000. 1765sf
SA-16-7. RM 765,000. 1518sf
SA-17-7. RM 850,000. 1518sf
SA-13A-7. RM 850,000. 1442sf
SA-33A-10. RM 467,100. 980sf
SA-23-3. RM 879,000. 2174sf
SA-13-9 RM 630,000. 980sf
SA-13A-6. RM 742,000. 1765sf
SA-12-8. RM 697,000. 1431sf
SA-12-10. RM 414,900. 1055sf

Pls mark which unit is Bumi which is non Bumi… sometime happy too early… but at last, is Bumi 😩

Overpriced project at this light industry area. In reality the price here should be around $400/sqf or lower for bigger unit. Location plays a very big factor in property price.

The thing is when you have a brand new project that’s pretty much halved in value. How long more for it to even recoup its original value?

I knew people buying here touting it as the New Damansara whilst scorning the tried and true areas of MK, actual Damansara etc. “This area will go up to 1k psf” apparently.

Really wanna rub it in their faces but na I’ll try a more sarcastic tact instead.

This post has been edited by Cavatzu: Aug 13 2022, 11:11 AM

Buyers all failed to understand this area prospect...hahah...

for me, I won't even pay 300psf above...hahaha...traffic is just nightmare right at the main junction. Suggest you go there at 8 to 9pm, good luck try to find any amenities, also during the day lots of heavy lorries, high risk of accidents.

The SDB factor was perhaps too strong in this one. I wonder what their profit margin was on this.

So I’m guessing this place is now mainly home to factory workers who appreciate the nicer things in life as well as buyers who are stuck.

If owner get stuck for heavy loan, no rental, cash flow problem. Can consider sell the car, Move in. take train and get use to it.

Kwasa is going to introduce thousands of affordable units as well as open market projects in the near future. Sqwhere and the opposing DSara project would be outdated by the time Kwasa's commercial district develops (not to mention facing the wrong direction from where Kwasa is..)

The question then is if a project is launched way ahead of any development infrastructure that is meant to happen; would it be detrimental on that project itself? If this enclave becomes a budget oriented one when you were sold a luxury development in the middle of factories.

What is the upside of sqwhere if the median price for projects in this area becomes markedly lower?