Bear market, it is good to see more feeders spending here to stimulate the economic

They are following in the footsteps of the Link and Twin Arkz. Both of those sold well at 700 psf 2-3 years ago. So 2016 price is 800 psf lor for this area.

Own stay this is a very beautiful area with nice scenery and high end condos. For rental and investment, too much competition from bukit oug area which is even closer to the LRT.

Still, there are plenty of upper middle class who will buy the concept for own stay.

This post has been edited by ivanpei: Jan 16 2016, 08:35 AM

Mind to share where you invested

I ask you first , you have to answer first.

I did a online check for rental in KM1. Unfurnished unit for 15xx sf going at 2.5k and fully furnished at 3.5k. I thought it is ok. Don't you think so ?

This post has been edited by puchongite: Jan 17 2016, 09:37 AM

Wanna like that meh??

Bukit jalil at rm800 psqft? Are the dev nuts? or are the buyers nuts? no way Bukit Jalil can command that kind of price! Pavillion 2 may end up becomming a white elephant for all you know. Even if sucess its still a urban mall and cannot be compared to pavillion in KLCC hence does not justify rm800 psqft!!!

Good to heard so nice rental income...about RM 2.33 p.s.f for high end property

I have a unit @ Casa Green Bukit Jalil with 1003 sq ft

If my unit can rent out by RM 1600 with partial furnishing (30% off from KM1 rental) then I will be very very glad

max 2k rental on a rm800 psqft condo purchase = carrot head buyer

This post has been edited by robertchoo: Jan 17 2016, 10:05 AM

Parklane OUG is rented at 1k for about the same size as yours. But it has free maintenance fees for two years. So realistically we need to load rm 200 into it.

So by the time casa green is completed, it should at least fetch rm 1.2k if rental is stagnant.

I think the rental yield for Bukit Jalil/OUG area there is a big range. Treez and KM1 sort of represent the higher psf rental and Parklane and Bukit OUG will sort of represent the lower psf rental.

Skylux will be in the same league as the higher psf rental group ?

they seemed to portray themselves as such.

buy for own stay would be good
buy for investment wise - 800 plus psf might command a high psf at current times, short term gain might be minimum and you will likely have problem with your cash flow, however I think long term wise this area has potential.

then let us see if they sell well or not lo.

http://www.thestar.com.my/business/busines...roperty-market/

> Oversupply in certain property sub-sector market;

> Stringent lending rules;

> Slow recovery of global economies;

> Too many launches at inflated prices in 2014 and prior to this;

> Full impact from developers’ interest bearing schemes (DIBS) to be felt this year; and

> National issues.


Don't BUY Skyluxe or other expensive condo in Bukit Jalil or you will get burned.

Property agents are only interested in their commission, they don't get burned.

This post has been edited by jalsrix: Jan 17 2016, 02:52 PM

Nobody is going to rent KM1 for 2.5 k when there are so many vacant new units near the LRT renting for 1.5k.

Stop misleading the public.

The fact that a lot of expensive condos such as KM1, Treez are all going to be under auction because of overpricing during the last few years.
They cannot sell and cannot rent to cover up the bank loan instalment.

This post has been edited by jalsrix: Jan 17 2016, 02:57 PM

Just talked to few expats. Most now start to move back to kl city rent a place that near their office place. Coz cheaper rental price compare to kisiao mahal Rental at kl suburb area with lrt. Coz stay near to office no need squeeze squeeze during morning lrt Rush hour. Lrt Too jam pack During peak hour. They prefer short walking distance to office. But not lrt lor. Wakakaka. Most moved out from wangsa and some kl suburb area Liao.

U think those expats like to squeeze squeeze naik lrt to work and come back also squeeze squeeze home meh? Pay money naik lrt Liao still need to suffer the smelly sweaty squeeze squeeze.

I heard some big global company they have plan fully scale down thier office operation size in malaisiao by 2018. Move back certain backend, Finance and operation department back to their home land. They are in the plan cutting more pipu out in malaisiao. So coming year more pipu kena fire Liao. Continue fire fry fry until 2018.

This post has been edited by HELLO HELLO: Jan 17 2016, 03:29 PM

Bro. Where did you see the Treez under auction? I'm interested. Can share the info?

I am not an SA so I have no idea about actual rental. What I gathered is from online portal :-

http://www.propwall.my/bukit_jalil/km1/234...ting=For%20Rent

Agreed ... But condo at that area is like landed prop market. You will be negative