Another lelong unit check in at below launching price of 300k.

E-13A-13, Residensi Pandanmas 2
Reserve price 🔥🔥RM279,000🔥🔥
Leasehold until 2113
900 sqft, 1 car park slot
Auction: 17-Feb-2020 (Mon)
*Malay owner

Hi guys,i am seriously thinking about whether to buy rumawip or open market property (i mean not rumawip or pr1ma)

I found out one in the link below which worth considering,

https://www.rumahundercon.com/the-hipster-t...uala-lumpur-bm/

price difference is like rm88k, roughly around rm400 per month,but given the freedom like no restriction when selling/renting it,i am seriously thinking whether rm400 price difference per month is worth it

Can u guys who have bought rumawip share do u really concern about the "restriction of government scheme housing"?

im interested to know your guys opinion (btw im thinking of rumawip pantai dalam or setapak)

thanx

Hipster got no 10 years restrictio.

Yes,i know,that is why i am thinking,any reason other than the price that pursuade buyer to choose rumawip/prima over an open project?

With all that hassle of restriction,was it worth it,obviously people gonna upgrade one day

Plus i wonder how much price appreciation will be in 10 years time

This post has been edited by dude14: Feb 5 2020, 11:45 PM

I suggest you visit those site by yourself before booking butax2... Termasuk hipster

No big frog jumping around the street, kthxbai

i think high-rise these days in KL area... hardly will have any significant appreciation no matter whats the price point due to enormous supply in the market... doesnt matter open market or rumawip etc... for mass market products... if u wanna sell within 10 years... i doubt will have any significant gain over the interest you incurred... unless u rented it out at decent rate over the years...

Setapak area have many rumawip option skyawani4, rampai2, JL99 (future not sure true or not) and other in near setapak area. Not sure you can get the rumawip price for open market property within this area (new property). Maybe aset kayarayamas can give you price that is nearly as rumawip for open market but not sure the quality build tho.

Look like u looking for appreciation, like investment.

Affordable housing not suitable for appreciation..

10 Yr time will surely appreciate.. Like ur salary too

That's depreciation if the appreciation didn't outrun the safest investment aka FD.
Better stop buying

Are you buying with cash?

No
When you can leverage with lowest interest in the market, why cash?
And I'm poor

Measure using COCR and you’ll have a different picture.

Depends la
Best strategy is stop buying and cancel

The days of buy and flip are over. It’s buy and hold long term now.

New investors should plan for long term game.

Just focus on something else la
Now wait developer hailat then abandoned some projects, it is coming. History is repeatable, like baccarat odd.

The question is when?

You can never time the market.

Unit sold at reserve price 300k.
Got demand. Sold at the same price as owner initial purchase price.

Still got another lelong unit at 279k lelong in few days time. Scroll above post to see.

Anyone looking to rent out their unit?

I'm looking for unit with grills, fans, water heaters, airconds, kitchen kabinet, wardrobe, lights and at least 1 parking.

Hi I am looking for parking space to rent in Pandanmas 2 Block E. Please contact me if available.

Lelong unit sold today.
Non bumi lot.
Only 1 car park.

Launching price 300k.
Sold today at 330k,