if u haven't, can read these threads - same or heavily related topic:

https://forum.lowyat.net/index.php?showtopic=3299652&hl=
https://forum.lowyat.net/topic/2970945/+80
https://forum.lowyat.net/topic/2855171/+540
https://forum.lowyat.net/topic/3139601/+600

Yes & No. It really depends on your taste and what hardware you buy. Buy crappy hardware? Get crappy android media experience. Also, you MUST understand that setting up & using will NOT be as easy as switching on a Hypptv or Astro box & pressing buttons on the remote. Android OS is powerful yet super easy to customize, not for the weak. Personally, my android setup works better than any satellite service. Read before you commit.

after reading enough, try to answer these questions, some users n sellers can help better:

.. want to watch cantonese or mandarin or english? with chinese or eng or no subs?
.. want to watch foreign or local live tv channels, live sports or on demand streaming?
.. want 3d, hd audio or just 2d, core audio?
.. budget rm200, 400, 600?
.. willing to pay some monthly fee?
.. do u hv time to customize apps?

the clearer u r about them, the easier it is to find the right device. "i want it all" will lead u nowhere.

lastly, if u know of any fren or neighbor having such a box, best to go take a look, hv an idea. this thing is fairly new and is not plug n play like astro or dvd players.

good luck!

mandarin movies/tv shows with chinese subs, plenty. eng movie/tv shows with eng subs, plenty.
cantonese audio, mandarin/japanese/korean audio with eng subs rare.
popular hongkong/cantonese stuff won't get free, may not be all legit, will need to find the right packages that offer such, pay per month rm100-200 a year?
only hd will be difficult. more so if u r on only 5 or less mbps. a mix of 480/720/mp4 and sd more common.
if no 3d, no need hd audio, some lower end cheaper androids can do the job.
rm600 should get u an average/above average androidtv box.

diff brands n diff models may differ quite a bit in terms of price, in-house apps, firmware upgrades and service support.
some boxes can run this but not that and vice-versa, so u do need to know wat u r buying. and continuous help after that, at least for some time.
now, i think best u spend a bit more time reading and searching in this section and the home electronics section:
https://forum.lowyat.net/HomeElectronics&Wares/+30
think most sellers have threads, photos, specs, q&a there, can check the details.

you may also get some suggestions from other users and sellers...