Hi HighwayCruiser, for your information, buying for investment and for own use is different!
If you are cash rich and buying for your own use in this 1 years time, yup! you should buy this Saville Melawati!
RM490psf is consider cheap and good buy!!! But guess how much you need to prepare for downpayment and all miscellaneous fees??? Lets Say RM600k Saville, 10% Downpayment + Legal + Stamp Duty + Others = Roughly RM85k++! Not included renovation cost! At least RM150k - RM200k! Monthly repayment RM2800+-!
For Investment, if you are rich and buy for keeping or Saville Melawati's rental can up to RM2800 then you should buy! Don't wait!
But our project's price is just around Rm300k. Amount to prepare just around RM20k+-! Monthly repayment just RM1380+-. Do you think after 3 years, the rental yield can touch RM1500???
Most of the investor prefer buy new project because the entrance fees is low! They no need to fork out so much.
Some more, if you know the New Project around Klang Valley, where can you find below RM500psf??? Please let me know, if location good, i also thinking to buy.
For Own Stay, its consider good as well coz convenient with shop and all facilities there. LRT just 3km away.
its good because its 3bedrooms concept, at least not like studio type.

Where is the exact location of the site

is the place well developed or just like so so village area?

Im interested. Agent can pls pm me with info? Thanks.

This hopeless place.. Kidding ya haha. Just personally don't see any investment potential here. Went the and you will get the answer.

Only left with units facing highway or abandoned building (most of the unit are this type).
The place is surrounded with kampung area. Size is small suitable for UIA students, but they will prefer to rent at places with nearby amenities.
So yeah, personally i would say the price is not attractive enough for such a location

PM me the info as well.. thanks

anybody got floor plan?

I think launchin price ard 400psf? If sellin 490psf, very low appreciation. Any reason?

oversupply i think...many condo launched/just completed in the vicinity Melawati (Serini Melawati, 3 Residence, Veo all by Sime Darby), Tmn Melati (Platinum Victory by PV), Wangsa Maju (Seri Riana and Riana Green by IJM, Infinity, Seasons Garden, Iraman, etc.)...just to name a few

This post has been edited by HighwayCruiser: Oct 26 2014, 09:39 PM

Within 2km radius got so many condos already. Particularly at Platinum Victory Melati Utama with better amenities and closer to LRT

ARE U AGENT?????? WHAT THE PRICE NOW??

Yes. He is

any update on the sale progress? Sold out?

Bro, any idea if the developers is going to demolish the abandoned apartment or the new site will be built just beside the abandoned project?



Yeap, price is definitely at the high side. Its about RM560psft for a 557sqft unit, kinda expensive IMO, but at a price of under 350k for a new unit around gombak, thats the only choice we have for now.



Anyway, i manage to spoke with the marketing team at the developers office and found that the official launching will be at Feb'15. From Aug'14 till now the project has already been known by considerable amount of people but yet they still pending their launch date. Does this somehow indicate that something adverse might be going on with the project? Please advice

guys i have question regarding this property, if you guys say the value is not there, but how come mutiara gombak's value had been increasing so much ? don't shoot me, i'm not an agent, i'm currently eyeing on this project but concern about the value as well

You thought launching price around 400 psf?
Launching price after discount is about RM320 psf min..

That depends whether you are looking at the perspective of an Investor or simply a homeowner.

For investment purposes i find the place a bit lack of potential (Even it is near LRT, Ktar, MRR2, blah blah blah) due to its already high price/sqft.

But as a homeowner, it is more important take in consideration how it would fit into one's lifestyle as well as that "feel" of staying in that particular location.

Try and go to the project site itself and have a look. You will make a better decision base on your own judgement.

Fyi, no ground work has been done yet for the project. It wasnt even launch yet in the first place.

Any update on the project?

i've also booked a unit ....however, no update at all... kind of worry ~ and i called to the developer but it seems they unable to answer all my questions. and make me to give a call directly to the site, and the site girl couldnt confirm the launching date, she say it is pending for some approval. and there are 40% more to go for sales.
DO YOU GUYS THINK THIS IS ALRIGHT? IT MAKE ME FEEL WORRY NOW. COMMENT IS WELCOME> THANKS>