Looks like MK has growing demand for local ppl....
Staying in Mont Kiara, I-zen vs KDS
Staying in Mont Kiara, I-zen vs KDS
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Sep 25 2014, 11:21 AM
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#1
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1,801 posts Joined: Aug 2012 |
Wow.... Another searching MK prop....
Looks like MK has growing demand for local ppl.... |
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Oct 8 2014, 11:00 AM
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#2
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QUOTE(Gravity @ Oct 7 2014, 03:01 PM) Hi Ivan, thanks for your input. Actually if you compare the property price now. Mont Kiara's condo is surprisingly not overpriced. Some cheras new condo are selling at sub RM600K. Condo in places like Tmn Desa, ie, OBD garden, selling at the price range of 800 - 1M, new condo in kuchai are all above 600K. This makes mont kiara's condo a bargain because you can still see properties priced at sub 700K for the older ones. Agreed! IMO, It's a bit nasty to generalized people who buy properties at MK is just for "face". There is intrinsic value in MK's condo like the crowds are different, the environment deemed to be safer and easy accessibility. As for the affordability point that you raised, i believe people who is able to afford a 900K house are likely to be financial capable and financial savvy. I strongly believe they can afford to eat good food everyday and shop at high end places. But if they find more value in eating economy rice and shopping cheap groceries, why not? Some prefer would like to feel international, but that doesnt mean they go for the "face" issue. MK has a better living environment in overall...... Due to higher cost of living there, somehow it also allows more quality or upper class ppl staying in the area...... It is hard to find another place where almost all condo are well taken care of..... Thou some condo has been old but still never eye sore....... There is upgrading or refurbishment to those old condo..... Lastly cleanliness of the place...... Given a choice...... I would love to stay there too..... For now is only investment..... This post has been edited by AppreciativeMan: Oct 8 2014, 11:01 AM |
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Oct 8 2014, 11:58 AM
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QUOTE(ivanpei @ Oct 8 2014, 11:18 AM) Yes no denying Mont Kiara is a lovely place to stay once you have the money. If purchasing for instant gratification, go ahead. For investment, that's another story lar haha. If u compare with capital appreciation and landed prop, no doubt MK condo u can't compete it for now...... Condo in MK for investment will need to be very very selective..... Need to kno very well what's the targeted tenants...... In my opinion the landed in Cheras better idea since you will enjoy good capital gains while you stay there. Suffer first enjoy later. However.... What about comparing MK landed vs Cheras landed?..... Say 5 or 10 yrs down the road which will hav a higher appreciation value?.... |
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Oct 8 2014, 12:46 PM
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