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

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

alot students staying there, very 'zhap'. u try to go there at night time la you will know, the security is seriously

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.

since u so confident on this, and somemore can up to 450k. then just go ahead whack 2 biji or more...

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

viva and rivercity better a lot compare to putra majestic...

Rivercity security got improvement and silently increase price already
Rivercity better location, walking distance to old town, subway, hong leong bank, dim sum, ipoh road curry mee ..

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?

what is the bank valaution now?

how old is the building?

i think got potential.

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.

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...

No refuse chamber

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

u mean for alam puri, no refuse chamber on each floor? means wan throw rubbish also have to go to ground floor?

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

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.

ok...

if very good rent.

i will consider.

let me do some homework.

selling price around 370k, and the rental around 1.5k only...how much the maintenance fee?

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.

how much maintenance?

rm1500 is empty unit as i call few agent and survey,,if furnish rm2000 and above.how abt viva and rivercity if empty unit also rm1500?rite..in terms of yield now ,,putra majestic is the winner now

how about Tiara Ampang?

1. current psf is about 300psf, rental about 1600-2200.
2. less than a km from Ampang LRT Terminal
3. less than a km to future MRT circle line station
4. major bank kfc mcd giant ampang point fnb all within 1 km distance
5. 50 meters to Ampang elevated highway
6. about 2-3 km to Duke highway
7. less than a km to future SUKE highway
8. environment is quiet, well manage.
9. 6 units per floor, low density.

10. the building going to re-paint by next month!

I think management fee around 120-140 per month. definitely less than 160.

ya..i found that this few years...rental is almost stagnant for the mid range condo...around 1.5k to 2k only...

those mid range condo price escalate to 400k above for 3 bedrooms unit, normally better security or better maintenance, more livable, but rental still the same at 1.5k to 2k range

those mid range condo price still stuck below 400k for 3 bedrooms unit, normally bad maintenance, bad security, mainly for rental purpose, rental also 1.5k to 2k...

This post has been edited by doomdoom: Aug 21 2013, 02:17 PM

that yeild is not good.

i got kepong condo. yield is 6.3% after maintenance.

now price up 60K ( asking Only) within a year.

This post has been edited by tikaram: Aug 21 2013, 02:18 PM

kitkat low, promote tiara ampang from cari.com to lowyat.com ah...

Got potential, KVMRT2 and KVMRT 3 are one of the catalyst

yaya... my property agent said.

Hoo C Son taiko have gave them the seminar on MRT coming here.

i think i will go for putra majestik ..not many unit foir sale

This post has been edited by klproperty31: Aug 21 2013, 02:27 PM

tis viva and rivercity is already shot up the price..now its putra majestik turn lo since theprice of putra majestik not much increase last 2 year.Somemore the management is better now compare to 2 years back..i like the swimming pool ..look nice

management better? u sure? I have not been to putra for years

If got desperate owner sell below 350k with nice view, just go ahead!

rm350k cant get..the unit i saw is 9th floor also KLcc view nice view but rm380k.tomorrow view another unit rm390k...then decide which unit to take

Good. Wait for your update here!

are u the owner there do?wat u think of this condo

My friend invest a unit there..
If you looking condo around this area, budget less than 400k, freehold, VP less than 5 years, compare Casa Idaman, I will choose this, better location, more convenient and close to Sentul East/West

u mean u choose casa idaman or putra majestik?..but casa idaman is leasehold ..

Will choose PM

then putra majestik can go for rm2000 to rm2200

it just happen i recently finding a room around there
i found that is quite very very expensive for that area

Wonder why its cheap here..all neighbouring props is higher and at par with each other..is it due to the facade? Or is there some other factors that hold the appreciation? (eg gangster pot, high crime rate etc)

searched about this condo in other forum and reporting same issue (poor n absurd management) but that was like 2 3 yrs ago..dont know whether they already appoint new mgmt n solve the issue but can this be another factor?

how of all these factors might affect on the appreciation in future?with high yield only its not good enough if appreciation is almost stagnant..

The price is not stagnanr.in fact it is slowly picking up..i bought subsale last 2 year rm340 k now.it is going for rm380.quite good..not hard to rent out..my rental basic still rm1500.no complaint of crime so far and management is getting better

no offense but 40k / 2yrs is not that impressive at the moment..but still ok as long as got increment..actually im also eyeing this unit so if owner can give some input here is good

may i know whats the mtnce + sinkibg fee, cukai taksiran for your unit?

last time i read mgmt charge owner 250/mth for access card or stg like that, is it true?

now jmb is by developer or residence?

any -ve point / worrying issue at this condo (eg lift prob, poor mtnc etc)

hope u can share for reff..

thx in advance

8 unit per floor bro..nowadays many high class condo more than 10 unit perfloor..importantpoint once MRt confirm..putra majesik will fly

what is the selling price now for putra majestic?

So it started with "my agent said it's a good property, my agent said MRT2/3/4/5/6 will have a central exchange at Putra Majestic, my agent said white unicorn calls Putra Majestic home".

I think the OP is an agent who signed up to this forum for a quick plug :-)

MRT 2 sure will have a station overhere? who know, but most likely yes, the plan is waiting for government approval now since submitted by SPAD last year July if not mistaken.

let jz assumed that there is a station near PM, u hav to hold at least 5 years as MRT 2 only will ready earliest 2020.

i dont get it. where is this mrt-will-stop-here coming from?

no mrt at all..............what is this?

not sure, my sis in law has 2 units there, initially she planned to stay there but moved out after some time.

good area?

This post has been edited by d-Hoo: Apr 18 2021, 09:45 PM

End of last year the bank value seem like 430K...

How much you will buy?

End of last year the bank value seem like 430K...

How much you will buy?

around there

This post has been edited by d-Hoo: Apr 18 2021, 09:46 PM

should be reasonable

This post has been edited by d-Hoo: Apr 18 2021, 09:47 PM

Sorry as away from working... The tenant wise, should be 50% foreigner and 50% local..

The JMB just form last year, they should be able to do it better... Let's see how is it...

If everything perfect then this service apartment will not below 500K already...

This post has been edited by SmallPotato2011: Mar 15 2015, 11:51 PM

Hi ALL.

I am thinking to buy a house in Putra majestic, Jalan ipoh, how's the condo ?

Any security improvements to this condo?

This post has been edited by Jay2209: Jul 26 2017, 08:35 AM

Wow. The hidden gem.

Anyway lelong unit available. Not sure is cheap enough or not.
Is cheaper than 2013 subsale pricing, refer above.


C-11-5, Blok C, Putra Majestik, No 2A, Jalan Kasipillay
Reserve price🔥🔥RM 352,350🔥🔥
Freehold
1087 sqft
Auction: 10-May-2019 (Fri)

What you waiting for? go to buy pls. Your territory.

Got more lelong unit of this project rmb to share me Askar. Viva too. Thanks.

Wonder what causes the poor capital appreciation for this project compared to its surrounding neighbours?

I am also surveying Putra Majestik at the moment, anyone who is staying there can share some information about the condition of PM? Is it worth to invest?

Yes, with the upcoming mrt 2 station within 300m walking distance and a freehold near KL City center capital appreciation is there. The college there are starting back as well so there are demand for rental from students as well. Drop me a message if you would like to know more.