In my opinion, house priced at RM500k-550k is already the thing of the past. That is why I am so interested with Almyra. Why?
1. It is 30km away from KLCC
2. It is priced below RM380psf
3. There are so many new developments at the South coming from UMLand, IOIProp and Mah Sing.
4. The proximity to Putrajaya
If you are to consider the property prices around Putrajaya and house of prices around 30km of KLCC, then development at Almyra is very attractive. But people will argue that kind of price is expensive in Bangi. I will not dispute that because while it is above market price for older development, one have to look beyond current price. Been in property purchase for so many years, I have heard the same reason each time, but each time the development that was so called "expensive" become the thing of the past and the newer development is more expensive than the one. That is not to say, I am not cautious of over-priced development. But if you can spot something that can no longer available within the same proximity, ie. 30km from KLCC and price below RM380psf, to me that is an opportunity.
I like Almyra compare to many other development. There are developed on a land that is already developed. There will be hyper market coming to town. There are a lot of education centres around. The nearest town are bustling with business, so it is not a dead town. The development is surrounded by big house like bungalow, semi-D and link houses and they are beautiful to be frank. If I my family and my work is around Putrajaya or Bangi, I would get one of this landed property.
If one is to ask me, how much is Almyra once it is completed... I am pretty sure you can sell it at around RM550k at the base. Forget about slowdown in property market. No slowdowns are permanent and there are acute shortage of housing in Klang Valley.
That is my thought.
Bandar Puteri Bangi
Nov 10 2015, 10:08 AM
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