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Investment Putra Majestik The hidden Gem, walk to MRT- best investment at Jln Ipoh

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TSklproperty31
post Aug 21 2013, 11:13 AM, updated 13y ago

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Now very hard to get a good property for investment.But i think Putra Majestik at Jalan Ipoh worth to have a look.Putra Majestik 3r2b size 1015sft at Jalan Ipoh in the town of the city .easy transport.near amenities,aeon and bank and kfc walking distance.somemore around rm380 k.very hard to find at jalan ipoh as Rivercity cost more than 500k and viva residence smaller unit and 2 bedr0om cost rm450 k above .I cant find any unit middle upper condo at Jalan Ipoh cost less than 400k.somemore its a freehold property and walk to MRT line 2 accoording to the agent
lantis-ing
post Aug 21 2013, 11:24 AM

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I had a look at Putra Majestic earlier in the year. The biggest put off is the security. There isn't any security access card system to enter the parking area and I can actually drive into the residence parking without being stopped/checked by any security guard. Not sure if the management has implemented it now.

This post has been edited by lantis-ing: Aug 21 2013, 11:25 AM
teddie
post Aug 21 2013, 11:27 AM

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alot students staying there, very 'zhap'. u try to go there at night time la you will know, the security is seriously doh.gif
TSklproperty31
post Aug 21 2013, 11:36 AM

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QUOTE(teddie @ Aug 21 2013, 11:27 AM)
alot students staying there, very 'zhap'. u try to go there at night time la you will know, the security is seriously doh.gif
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but easy to rent out. there need a access card to go into the property now .each block come with security. and downstair of the condo was a police station..i like the place very much.lively and go down u can find a lot food to eat.and can walk to bank ,groceries somemore MRT.i think the price can up to rm450k.
doomdoom
post Aug 21 2013, 12:01 PM

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QUOTE(klproperty31 @ Aug 21 2013, 11:36 AM)
but easy to rent out. there need a access card to go into the property now .each block come with security. and downstair of the condo was a police station..i like the place very much.lively and go down u can find a lot food to eat.and can walk to bank ,groceries somemore MRT.i think the price can up to rm450k.
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since u so confident on this, and somemore can up to 450k. then just go ahead whack 2 biji or more...
TSklproperty31
post Aug 21 2013, 12:45 PM

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QUOTE(doomdoom @ Aug 21 2013, 12:01 PM)
since u so confident on this, and somemore can up to 450k. then just go ahead whack 2 biji or more...
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cant afford to buy 2..one is enough.the rm450k only my estimation.coz opposite of putra masjestink is viva residence and rivercity..they are selling between rm450k (2 bedroom) to 600k. wlak to KTM 15 min and also future MRT line 2
doomdoom
post Aug 21 2013, 12:49 PM

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QUOTE(klproperty31 @ Aug 21 2013, 12:45 PM)
cant afford to buy 2..one is enough.the rm450k only my estimation.coz opposite of putra masjestink is viva residence and rivercity..they are selling between rm450k (2 bedroom) to 600k.  wlak to KTM 15 min and also future MRT line 2
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viva and rivercity better a lot compare to putra majestic...
37 Exposures
post Aug 21 2013, 01:12 PM

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QUOTE(doomdoom @ Aug 21 2013, 12:49 PM)
viva and rivercity better a lot compare to putra majestic...
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Rivercity security got improvement and silently increase price already thumbup.gif
Rivercity better location, walking distance to old town, subway, hong leong bank, dim sum, ipoh road curry mee ..
TSklproperty31
post Aug 21 2013, 01:15 PM

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QUOTE(doomdoom @ Aug 21 2013, 12:49 PM)
viva and rivercity better a lot compare to putra majestic...
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been to viva and rivercity..yup they are better ..but in term of investment ,i still prefer Putra Majestik.Viva around 840 sft 2 bedroom rm460k and putra majestik 1015 sft 3 bedroom RM380 k..i think putra majestik stil have a lot for capital appreciation compare to them.what do u think?
SUStikaram
post Aug 21 2013, 01:20 PM

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what is the bank valaution now?

how old is the building?

i think got potential.
cshere
post Aug 21 2013, 01:20 PM

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back to 2009, these 3 properties (viva, putra, rivercity) at same price range 300k++ however history proven putra not doing well compare to others. Even it losing to my first invested Alam Puri (further inner Jln Ipoh) launching 260k+ now above 400k.
doomdoom
post Aug 21 2013, 01:27 PM

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QUOTE(cshere @ Aug 21 2013, 01:20 PM)
back to 2009, these 3 properties (viva, putra, rivercity) at same price range 300k++ however history proven putra not doing well compare to others. Even it losing to my first invested Alam Puri (further inner Jln Ipoh) launching 260k+ now above 400k.
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Alam puri location is the worst conpare to other 3 but becoz of nice workmanship and nice maintenance, the price is appreiate very fast...i should give a thunbs up for alam puri developer who delive very good product, their project include 1 sentul and newly is cloudtree at cheras... All are surprisingly very high end product...
rachel_xxx
post Aug 21 2013, 01:37 PM

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No refuse chamber
cshere
post Aug 21 2013, 01:39 PM

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true located at HTC with nice KTM wake up every early morning but good appreciation some more SBC intro Kiara East (stealing Mont' Kiara name). Segambut now name North Kiara so waiting West and South Kiara to appear tongue.gif
doomdoom
post Aug 21 2013, 02:01 PM

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QUOTE(rachel_xxx @ Aug 21 2013, 01:37 PM)
No refuse chamber
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u mean for alam puri, no refuse chamber on each floor? means wan throw rubbish also have to go to ground floor?
SUStikaram
post Aug 21 2013, 02:04 PM

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i noticed this part old condo have very good potential with the new lauching all at very high price.

Ansonian80
post Aug 21 2013, 02:05 PM

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very good to have ppl reckon this putra majestic. my friend and myself start buying units in putra majestic since 2 yrs ago, n always bring in decent rental.

SUStikaram
post Aug 21 2013, 02:07 PM

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QUOTE(Ansonian80 @ Aug 21 2013, 03:05 PM)
very good to have ppl reckon this putra majestic. my friend and myself start buying units in putra majestic since 2 yrs ago, n always bring in decent rental.
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ok...

if very good rent.

i will consider.

let me do some homework.
doomdoom
post Aug 21 2013, 02:11 PM

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QUOTE(tikaram @ Aug 21 2013, 02:07 PM)
ok...

if very good rent.

i will consider.

let me do some homework.
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selling price around 370k, and the rental around 1.5k only...how much the maintenance fee?
Ansonian80
post Aug 21 2013, 02:12 PM

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we have 3 units, block in the middle, cant remember what is the block no. anyway that block least students and have to pay with slightly premium, we tenanted 1.8, 1.9 and 2k. Indian expat from YTL.

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