Base on what i see, more than 100k difference wor, not sure my info correct or wrong

Sv2 678 sqft size start from 598000
Trion 2 660 sqft size start from 430000

Look like not really small amount different

Sv2 direct link to mall n mrt
Trion 2 with ......

I know...
Im trying to say it is reflected in the price...

Currently SV2 is around 850++ psf while Trion 2 is 700++ psf

Quite significant difference. Definitely pay for convenience and matured location, for SV2. Still relatively cheap given that it's practically on top of a mall, a hospital, and MRT. Trion 2 "cheap" because location not that connected and still mostly industrial/old shops that have mostly closed down.

This post has been edited by DragonReine: Oct 15 2020, 07:46 AM

Correct! You pay for what you get. Cheap or not cheap cannot be determined because you are not comparing two identical properties. The better question to ask is whether or not it is 'worthy' for the price you pay for the properties you get.

I heard SV2 will be launching mid October. Anybody know it will go according to plan or got delay in due to CMCO?

anyone knows the total residential unit for SV2?

Thanks.

A big alarm here. These days developers build in thousands, more than the total number of students in a school - this is scary.

Good luck looking for price appreciation or selling it.

It's a game of slaughtering out there soon.

If my memory serves me right, on my last count and within the 1KM radius there are 7-8K new apartments being launched.

Yup.

Property owners in Malaysia are in general losing money. Condo owners? Worse. Sounds fancy to own properties, but those were old times. People bleed to bankruptcy with it.

Don't forget those monthly maintenance of nearly .40 psf just going down the drain while seeing your property price drops because 5000 other owners are desperate to flip their property as well.

And if you have tenants, good luck in making sure they don't mess up your unit and turn into a pigpen. Owners in Malaysia are not well protected as compared to Singapore. You think you can chase them away? You think you can force them to pay their overdue? You think you can ask them to repairs those broken furniture they have caused?

I am worried when developers claim to build a 52/82 stories high condo.

Sounds fancy? Only fancy to developer cause they can earn psf in 52x/82x. As for you? Your parcel of land is shared by 52/82 owners, which will end up stating you own 15.8sqf of land for 700k property price (assuming 820sq shared by 52 owners) = RM44,300/ sqf, technically speaking.

What a fun game to be in the property ladder game.

Good sharing. Property investment sounds overrated. In few years time we would see properties oversupply and property investors start crying.

lol, yea you know the best comparing one thats freehold and direct linked to mall and the public transport against the one that's leasehold and at opposite of the road plus pricing not much difference with the SV1 offered last time, of course SV2 will lose out fair bit bang.. common sense

true, then your suggestion to the new generation dont own any property? rent all the way with desperate pricing?

Currently there's starting to show signs of overhang for affordable housing because government not really regulating where and how they're built. Already can see many units from affordable housing range entering the auction market.

Majority of potential first home buyers (aka the people who rent rooms/units) barely able to afford anything priced above RM500k with the pandemic slashing jobs here and there. Even though interest rates low, banks also very strict with taking on new risk, and people generally not willing to buy property unless they're really secure in income. SV2 is priced quite a bit higher than what most first home buyers are willing to spend unless they really like the location.

As for investors in Klang Valley area, unlikely to make money these days because economy is that weak 😅 not likely to get better for next few years.

This post has been edited by DragonReine: Oct 15 2020, 07:32 PM

Study the market well and you'll know what to do.

Youngsters don't expect all answers to be presented to them, do they?

Even if they pay, they may not get good advice such as those property gurus who talk about leverage your credit rating. What happened to those 4 digit workshop how to be millionaire earning 30 by 30? All burnt 🔥! I feel sorry for them but hopefully they learn from experience.

It's not just a downside. It'll literally screw your backside in being slave to overpriced property and competing with 1800 owners of same building and other 6-7 condos around.

Commission is a delicious thing. But you know well many regret will be made in this process

I've nothing against this properly. TRX over supplied properties must be careful as well. When you see 2500 units in one condo - RUN!

then why you so confidence with trion 2 geh? this area already having thousands of high rise units, not to mention sg besi side still gt one gigantic RC residence incoming with 5k plus supplies..

strawberry generation bro, research studies or what.. high density stuffs still got buyers will take it.. lol

Yes. Strawberry generation will pay for premium strawberry price and think they found good quality strawberry

😅

So what is your advice for the strawberry generations?

I'm an oldie, and TBH the *majority* of the young ones are absolutely not as bad as they're criticized for. The lousy ones, get more viral.

When we were young, we made some stupid mistakes too, and yet we're still here able to make fun of them.

The young ones have new arsenal and they know how to use it. And that is Google. It's an absolute game changer. And if we ourselves don't get up to speed, they will fly past. Just like how in the 80's there was a big issue of 30 year olds taking over, or managing people in the 60's. Beware.