Cyberjaya folks, need your valuable opinions...

D'Melor condo about 1500sf @ 500k worth buying? subsale, condition is so-so, needs refurbishing if I were to move in..

Terima Kasih!

It's on the ground floor :-| maintenance is 0.36/sf 😓

Thanks cyberjaya folks for your feedback, I do appreciate it.

Btw, I have rented a room in dmelor for over 10 years now and I must admit that I'be grown fond of this place because it's peaceful (not so much now than it used to be) and better maintained than a lot of places here in
Cbj.

500k is the net price for the house though, no more nego and there are things in the house need to be replaced as they are just quite old already....

I called up a couple of valuers and they came back to me with bank values of 500k&520k respectively, but the house owner insists that her house is worth a lot more than that and suggests that I call banks instead..

So the pros I can think of now are:
**Location, strategically located in the heart of CBJ
**One of the best managed condos in Selangor ( yes it's Selangor, the management was rewarded a cert for the 2nd best managed condo in the whole Selangor back in 2010/1 if I remember correctly ). It's not as good now because some best people on the previous council have resign leaving behind a bunch of clowns who are doing most of the things for their own benefits ( the recent repainting work ;-) )
**it's considered one the cheapest in cbj considering its B.U
** higher chances of renting ( if I can't afford to live in it due to its crazy high maintenance fee which is now at 0.36sf)
The maintenance fee for this place used to be quite low before setia harum handed over to the current management, they were willing to lose money to bear the cost and there were hardly any sinking funds then.
**saves me energy from walking up and down carrying heavy stuff as dmelor is a walk up condo. Well not entirely, the highest block has lifts.

Cons:
** cbj is way way over supplied with apartments and if one day I struggle to cope with the maintenance fee I might have problem selling it
** I might be able to get cheaper and better houses in another 2 years seeing where our economy is going
** ground floor units in dmelor have been broken into a few times already so it's now safe as higher units. That can be easily fixed by installing grilles I suppose

Anyway I'm a first time buyer here i would appreciate it if you guys can give me even more insightful feedback. Thanks a lot and have a great Sunday.

Hi MYH, you staying in Serin?

I quite like it there, but the subsale price is beyond my affordability. I believe the maintenance fee wouldn't have increased had all owners been responsible and paid their maintenance fees 😜

Check out iproperty quite a number of units are on sale but you will need to go through SAs 😈

Maintance fee is 0.36/sf. The biggest unit (penthouse) is over 3k sf so you can workout how costly it is 😱

Yeo low density is one of the reasons for high maintance fee.. Security, facility, cleaning, Internet etc/ total number of SF - 0.36sf...

if you're filthy rich, go for eco glades, other wise ceria residence

Not all mature townships became townships overnight

Guys, please can you give me more opinions? Thank you

Thank you appreciate your input

cannot... but it comes with

"The built-up areas of LakeFront Residence vary between 1,300 and 1,640 sf. The launch price began from RM420 psf, meanwhile, the maintenance fee is set at RM0.20 psf. The well known developer offer semi-furnished furniture which include five air-conditioners, four fans, wet kitchen cabinet with cooker hood and hob, dry kitchen cabinet, master bedroom wardrobe, plaster celling and with downlight (full house) and spacious balcony (1 or 3 balconies)."
http://www.propwall.com/cyberjaya/lakefront_residence/6700

way way way over supply.. nak beli pun takut, the safest bet is to buy those with strong management I guess..

D'Melor, used to be very good.

Those projects that cost over a million should be quite good, imo...We get what we pay for, no?

thought I'd replied to you.. my post obviously didn't get through when I submitted it on my phone.

I have never had any problems going to PJ/KL via MEX, journeys have been smooth all along, depending on the times I suppose.

No idea but I have registered lol.. There's no sign of development yet around that area...

Yes it is lol... ground floor 488k++ after discount

whatsapp him personally for faster response lah

Regardless of what has been said about CBJ, I still love it very much ;-)

surplus of SOHO? YES
surplus of high density condo? YES
surplus of low density condo? NO