Which bank you apply with? I heard HLB only max 80% loan for this project.

Hong Leone bank know this project got big discount.

Not yet. But I think after Oasis1 sold out about 90%.

good to see the area develop so much, but i wonder how is the road exist in future to support so many development seen now still only 2 exist from there to main road heading KL

With rapid development in this area. I foresee this place gonna be on heavy traffics in 3 years time. I hope MPKJ will look into this.

Why the progress payment due date same as invoice date?


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Talbac, pls pm me the unit left and it price as i m interested to get a unit there.

Direct walk in to developer office get full discount.
Tell them u are walk in customer.

..

This post has been edited by Talbac: Oct 31 2015, 09:14 AM

Hi guys,

I have read the whole 32 pages of this thread but still have some questions.
I am actually considering to invest in this project, but I am having some doubts based on these few criteria:

1) What do you think of this notion: "Kajang is a little too far!"?

So far what I think is it is a little uncertain. Although there will be a MRT built by 2018, it is still uncertain how the future development in Kajang will perform. RM361 per square feet is a no brainer, super cheap in the whole of Klang Valley and Selangor, but the number of tolls just to get to the city centre may not be well received by the future buyers. What say you?

2) Whether you like it or not, there will be an oversupply of condos in the next two or three years. It is a factual evidence hardly anyone can deny. Just yesterday someone written in the Star that the rental will be surpressed by 20% to 40% by 2017, so it's a good news for the tenants not the buyers. Of course where he got the numbers from was very questionable, but it remains a possibility. What do you think?

3) The property market has been slowing down this year, and many people are adopting the "wait and see" approach. The economy is not at its best at the moment due to Ringgit depreciation, with all sorts of things going on both internally and externally. The TIMING indeed is one of the trickiest things anyone can try to master. As much as I wish to invest, why should I invest now, instead of two years later when all the projects are completed? Maybe I should just wait?

A little bit of my background: I have just graduated and I'm working on a full time basis with a monthly salary close to RM4k, so I am fairly confident I should be able to afford one unit if I want to. This would be my first house, that's why I am a little wary. I went to the TLS showroom to have a viewing two days ago on Saturday, and honestly I really like it. But people kept warning me to consider waiting.

This post has been edited by Nicholasng925: Nov 2 2015, 11:56 AM

Here my point of view;
1. As long as the town can be self sustain and having most of facilities. It will definitely grow. Same thing happen when I invest in Puchong few years back. For me, MRT doesn't give much push but access is important.

2. Oversupply might be happening in few hot areas (i.e: Bukit Jalil & Kuchai Lama) but Kajang still consider okay for me. Rental fall will start happen when the owner lack of fund to pay their loan and start to throw lower price to cover most of it. However, I don't think rental will drop but maybe about 10-20% at hot area.

3. Different people, different strategy. As for me, buy it when you capable to do so. Calculate worst condition when Bank Loan Interest let say from 4.40% to 6.40%, did you still able to sustain? If yes, go ahead.

FYI, I bought one here in Oasis1 too. Personally, I find this place having a good environment. Definitely good buy for own stay.

Hi wts6819,

Thanks for your reply! It seemed to me MRT is one of the big selling points here if not the biggest. Access is easy because of five highways surrounding Oasis 1, but it comes on the expense of tolls. Having to drive through many tolls, coupled with the distance of about 25km to the city centre, may not be a good idea to me. I believe most people are working in KL too, so we can easily share the same sentiment.

You are right about the potential oversupply happening in few hot areas such as Bukit Jalil and Kuchai Lama or Old Klang Road. But what if prices of condos in these hotspots fall in the next two or three years? But again, it is hard to say how much it will appreciate and fall later when the projects are completed.

On regards to the rental, one is most likely bagging on capital appreciation over time rather than rental income. Not many people would stay so far away (at least for now), but it's uncertain about the potential growth rate of Kajang.

anyone know hows the construction status? how many floors already?

Another thing to consider is the type of property that will be oversupplied. Most people refer to condominium, but I think the oversupplied units are those very expensive units and small units, such as SOHO, SOVO and 900-1000 sq ft will be oversupplied, because most people dont like to stay in that type of size.

For this development in Mutiara Heights, it is all big units, 1246 sq ft and above only for 3 bedrooms. Most people who bought into this place will love the environment and also want to stay in that place. It is cheap in contrast to existing prices of similar quality. It is easy to see there is room for capital appreciation if you buy at below RM400psf when a lot of property nearby is already going for RM500psf and above.

Just put it this way, what you do think will happen to the value of Oasis 1 in 2018?

New development located on de other side of mutiara height.

the 2 blocks on construction is Oasis

This post has been edited by deschan100: Nov 7 2015, 10:37 AM

1). Kajang will remain a good area to
invest, not only one but two mrt near
to the town. at less than 350/ sq ft,
it is very reasonable with low first
payment and many freebies.
Next project that will be more than
500/ sq ft will be the Mkh boulevard
2, just next to MRT jln bukit.

2) 1250 sq ft is very comfortable, compare
with 450 sq ft SOHO , happening
in Bukit jalil. at 650-700 rm per sq ft.

4). With rm 4 k salary, you need to
pay rm 2000 per month.if you buy
Oasis1. Still workable as your salary will
increase gradually and the price of your
property will increase.

.

This post has been edited by Talbac: Jun 24 2018, 01:29 PM

good to hear that.
may i know where exactly is this located in the map.

at the 2nd round about of mutiara height , if to Oasis and Ivory is pusing to 3'o clock.

this project is turn to 9'o clock... , after, 1st junction turn right, thn terus...