still better than damasara damai, over there got lelong 370k unit same size.

This post has been edited by corleone74: Jun 20 2018, 11:46 AM

you mean you didn't know market is lousy now?
told you , it's over building.
so if wanna buy any property, make sure the location and the property is good.

who are you to demand something from me?

the best performing properties are not in MK.

one must also be clear what is meant by "perform".

In terms of price appreciation, MK is not the best.

Neither is rental yield the best. Yes, it's not bad and can get decent tenant, but you have to wait (vacancy) and the price you paid for the unit (high) means the yield isn't good if you bought the unit now (of course if you bought it 10 years ago then the yield is good).

IMO , today, If you want to play rental, MK is not the place. you need to find cheaper units elsewhere. I think even damansara perdana condo is easier to rent out (faster, better yield).

If price appreciation, then best bet is an old house in PJ. say, damansara jaya. that one, due to matured location, will hold it's price and if priced properly can anytime let go. finding a good buy there is difficult.

MK is good for own staying, cosmopolitan neighbourhood. It's very pleasant. but buy the right product and sublocation here.

As for kiara 163, location is correct in MK itself. But the product remains to be seen. at 1000psf??? that's ex for an unproven project in MK. I'd rather get palma across the road. 800k can get a 3 bedder 1200 sft++. Spend some money to refurbish / renew it.

Don't buy smaller format units in those new project here that are popping up everywhere here. There is a deluge of these product coming online now, and will see high no of transient population in out.

Avoid highway facing units. too noisy.

paper gain is useless unless you can find a buyer subsale. which will be difficult if your unit is facing competition from 1000's of new units all looking for buyers or tenants.

This post has been edited by corleone74: Jul 4 2018, 08:54 AM

yes, cannot compare. Palma should be better.

DP yield could be better. yield. not absolute rental value.

This post has been edited by corleone74: Jul 6 2018, 10:20 AM

Sorry, sir, missed your question.

It's winner of silver award for best managed old condo, second to sri penaga (edge property award 2018 for management). for condo capital appreication over time, management of the condo is vital.

built quality original sunrise quality

huge plot of land, true low density living, useful when it gets older and the land price rises above your unit price. (means you are paying for the land only, the unit is subsidized).

location sama sama as YNH.

Got man made lake.

Very nice for staying.

Units in towers are well spaced out on the "correct" side of Jalan kiara. YNH view one side blocked by arcoris. the other side facing highway.

Price: 800k for 1200 sft++. that's at least an extra 300 sft of living space compared to arcoris, right? 300 sft is an extra 20 ft x 15 ft room, yes?


Only con is that units are old so need to come out $$ to renovate.

Btw if u read properly my previous answer, I said YNH is Untested. Depend on the product quality when VP. Also (this is personal) but i don't like the design.

If YNH for rental - go read my posts on vacancy rate and oversupply esp of new 1 bedder and studio coming on line.

Pros, i guess for YNH since it's SOHO you can really go all out on airbnb biz. I'm not sure how "laku" is that in MK. You'll face stiff competition from signature, arcoris, and also hyatt is opening their first "home stay" hotel soon.

Oh ya! i better write this: since that katexxxx will surely say something sarcastic about experts and so on - low downpayment for YNH is a pro, I guess. low dp is always good until you got caught with pants down.


This post has been edited by corleone74: Jul 11 2018, 08:40 AM

whoa, how come my name suddenly pop up.

thanks for the help. yes, i'm no expert and those are m observation. but i do have experience, and i live here



This post has been edited by corleone74: Jul 11 2018, 08:48 AM

Medini.

What make u suspect lease from Uem?

Good catch. Read the spa properly... If lease from master landlord, will it be stated in spa?

How to check?

Kum sia...

This post has been edited by corleone74: Sep 24 2018, 09:15 PM

Its a kampung now. In future dunno

Never book a property without site visit. Unless u know the site very well from memory

Not so nice for me to say what I think openly. See how u feel when u park your car in front of the site now and look around. And remember its leasehold.

This post has been edited by corleone74: Sep 24 2018, 11:21 PM

Yes I prefer bayu over inspirasi. Or the three p even better ie mk1,2,3
Especially the 2 .
But its not becos of feeling embarrassed or whatever.
Its the surrounding.

This post has been edited by corleone74: Sep 24 2018, 11:20 PM

My question is how the buyer know lease from uem or leasehold, is it stated in spa. I suppose if its a lease , it will be stated as such, and no spa . anyway I'm guessing. 99 leases are actually practiced exclusively for public housing in a certain country very nearby...

Yes, medini buyers are thinking of suing mahsing , that's what I heard. They say misrepresentation by sales ppl or something.

This post has been edited by corleone74: Sep 25 2018, 08:31 PM

What beancounter said about medini mah sing projek is true. Its a lease , not even leasehold.

I think you should be right, only medini johor have that kind of weird arrangmenet .

Delete double

This post has been edited by corleone74: Sep 25 2018, 08:37 PM

Should be normal restriction for leasehold property.
I imagine if its a lease agreement then there is no SALE AND PURCHASE agreement and the restriction would state "upon approval of master leasor".

Note I'm just guessing on the possibilities.

If its a lease agreement , the buyer is signing a long term lease. I would like to read mah sings spa for its medini project. Seems that buyers were expecting a leasehold title but was informed during handover that no such title deed is forthcoming.

don't say like dat lei... how can sb be same as kfc... sb is definitely more class than kfc... becos i never go sb pay 8rm for kopi one, but kfc i got go eat chicken mah. so confirm sb more class than kfc... kfc got unker like me go eat chicken read paper... sb u see inside only high class pipu mah

1st post, talk up this projek.
u sound like agen.

but anyway in case you r genuine buyer.. congrats on your purchase.