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Investment LOT 15 @ SUBANG JAYA CITY CENTRE, The upscale living in Subang Jaya

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SUSfuzzy
post Nov 10 2014, 04:45 PM

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Crazy price. The malls is good news to me, as I'll be living nearby but as many have mentioned, the surrounding area condo's are barely hitting 500-600psf, how would they sell it at 1k?
SUSfuzzy
post Nov 11 2014, 04:00 PM

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QUOTE(Deepster @ Nov 10 2014, 06:12 PM)
Correction, the only condo between rm500-600psf is Subang Olives (which is at the opposite end of ss16). The rest are going for nothing less than rm600.

My take is that Suave is definitely a buy for those with higher risk profile (if buying for investment). If Sime Darby executes it correctly and the end product is high end luxury living, i don't see why the price wont appreciate.

In terms of rental, i'll compare with Saujana Residency(its a more like to like comparison compared to casa tiara which is basically student play). Studio 585 sqf rm2500, 740sqf rm3000, 883 sqf rm3500. 1360 sqf rm4000, 1517sq rm4600, 1746sqf rm5k-5500. These are sample rentals that i closed past 12 months.

Whether its good to invest in Suave, i suggest you do your research and don't believe everything u read in forums as its biased with personal views. You know your risk profile, you decide and reap wat u sow smile.gif
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How is Isola doing? The only thing similar would be Saujana, Isola and Parkhomes and maybe One Subang? (disclosure: I own a unit in SPH), and the last I check, none of them touching rm800psf. While the area is central, the surroundings does not allude anything worth what I personally thing a 1k psf place should feels like, especially given their immediate neighbours.

As you said, this is an incredibly high risk profile investment, my question was, what angle would they try to sell it, and what angle would one choose to buy it compared to other areas which I guess would give much better yield?
SUSfuzzy
post Mar 18 2015, 08:49 AM

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I'm quite skeptical to see if it can sell at that price.
SUSfuzzy
post Dec 14 2018, 06:15 PM

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QUOTE(BEANCOUNTER @ Dec 14 2018, 11:05 AM)
yes the suave. if you take LRT you wont missed it. they already hoarded up the place and land clearing either done or doing foundation now.

BRE kor has been kind to stay LOT15 is next to Mesiniaga. Am the nasty one, I will just refer to NEXT to the big TNB SUBSTATION.

and this LOT15 definitely NOT WALKABLE to LRT station, in my book, unless you want to smell like bangla upon entering train (sorry for my racist remarks).
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It's walkable la, if you are say college kid with time to spare. But, can you imagine anyone who is willing to pay that psf or rent at that rate and still willing to walk that distance to LRT / KTM?

Target market like dunno who.

 

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