QUOTE(Angrycat @ Jul 23 2013, 09:44 AM)
Even it is freehold, 550 psf (after discount) considered quite expensive. Some more, the facilities offered are not much, they are almost basic facilities. At 500 ++ psf, i expect better facilities such as sky lounge, guest lobby, squash court, kindergarden, intercom to individual unit, gymnasium and internet point ready. In addition, the package offered also not that attractive. Some other developer can offer package like free legal fee, free stamp duty, free aircon, free water heater, free kitchen cabinet, free maintenance and sinking fee for at least 3 months or free water and electric deposit. These offers are on top of the early bird discount. But on this project, nothing was offered except the dibs and 5% early bird discount. The plus point of this project is the location and the transportation network. It may become the choice for tenant ( if u plan to invest and rent it out). But, with the expensive price and higher monthly installment, how much then is your target rental? RM 2000+++? For bigger unit, you have to put rental fee RM2500-RM3000+++. You have to ask a higher rental fee to cover for yr monthly installment. If i was the tenant, i will prefer slightly far condo but cheaper rental fee like RM 1300, maybe i need to add another rm300 for transportation. Total just rm1600, still better than pay for RM2000++ even nearer location. Do you think you can easily get tenant at that price? Maybe.. If you are optimist, you can target those students who studying nearby the area coz it near to serdang and bangi. Plenty of universities and colleges are situated nearby. But, for me.. Rental for RM2000 and below may be can survive but for rental higher than that, you are just dreaming. Come on, Sungai Besi is not an ellite area like mont kiara or damansara. You hv to be realistic. There is no doubt you can still get ROI from these property but maybe not much. Mybe negative.. But if you feel want to keep it for your second generation, maybe it is worth it. So, you have to play long term investment. For short term, there is still hope but full of uncertainty as the entry price already high. Good luck!

I believe alot of question were asked because non of the promised development on sungai besi is materialized yet... bandar malaysia, hub city etc.. However, consider if any of those plan is launched, you wouldnt be seeing this price tag.
I have relocated to singapore for more than 15 years, I personally witness how singapore transform into a Metropolitan city like today. I observed how those transportation hubs are highly sought after for residential as well as developer, and any developer will be a fool not to invest on the interchange/hub due to the number of passengers transit. In addition, where else other than Sentral where u have handful of transports available, and highly doubt there will be another soon.
However, I have to agree that sungai besi is still ulu in many ppl eyes despite on its very strategic location. Sungai besi is in the center of klang valley where you could reach putrajaya, cyberjaya, petaling jaya, bukit bintang, klcc, trx all within 20 min or less. I believe, in time, it will booms.
As a matter of fact, that's the exact reasons why i bought a unit at lake fields , and now , anyaman residences ( i still hate its name to the max )
Wish me luck
This post has been edited by goodchong: Jul 23 2013, 12:43 PM