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.

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.

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!

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

😅

Straw gen usually papamama will pay dp for a property they like. Then older they'll inherit their parents house. So not an issue.

But those without any tongkat got to do more market research. Because gems are around.

ampang used to catch korean wind... now left old cheap condo.
mont kiara used to catch expat.. now also left old stagnant condo
cheras now catch chinese expat... soon when the wind is over, it will repeat ampang's fate.


fact is many expat now, prefer landed, and affordable, 4-5k can get them very nice house. spacious too. only a few wanna rent only a two bedroom condo...

they like cheras cause many cina restaurant.

but the taitai level all move to desa park city liao..