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Investment RC RESIDENCES KUALA LUMPUR, Close To City Centre Homes From RM358K

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macbookpro88
post Jan 5 2024, 02:46 PM

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QUOTE(AskarPerang @ Jan 5 2024, 02:28 PM)
Cheaper than rumahwip price also no bidder.
Last month at 288K only yet nobody interested.

Now further drop price 10%.
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oh wow, i think this is a good deal, wondering where is this unit facing ?
kswee
post Jan 5 2024, 06:48 PM

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QUOTE(macbookpro88 @ Jan 5 2024, 03:46 PM)
oh wow, i think this is a good deal, wondering where is this unit facing ?
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macbookpro88
post Jan 5 2024, 08:18 PM

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QUOTE(kswee @ Jan 5 2024, 06:48 PM)
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LOL, no then
kswee
post Jan 5 2024, 11:48 PM

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QUOTE(macbookpro88 @ Jan 5 2024, 09:18 PM)
LOL, no then
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Too much unit and competitive.
Some Owner provide kitchen cabinet , sofa , aircond , fan, lightings & water heater .
2 room 1300-1500
3 room 1600-1900.

Looks like not making any profit .

AskarPerang
post Jan 22 2024, 09:26 PM

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QUOTE(AskarPerang @ Jan 5 2024, 02:28 PM)
Cheaper than rumahwip price also no bidder.
Last month at 288K only yet nobody interested.

Now further drop price 10%.
user posted image
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Unit sold at 285K last week.
Almost back to last month reserve price.
Good catch?

6 more active lelong units in the market now.
Generally 800sqft below 300K to attract interested buyer.
Bigger size unit below 400K to attract interested buyer.


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Jagalat
post Jan 22 2024, 10:40 PM

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QUOTE(AskarPerang @ Jan 22 2024, 10:26 PM)
Unit sold at 285K last week.
Almost back to last month reserve price.
Good catch?

6 more active lelong units in the market now.
Generally 800sqft below 300K to attract interested buyer.
Bigger size unit below 400K to attract interested buyer.
user posted image
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Beginning of the year a good time to bid for low price (as bidders are fewer)?
ye0073
post Feb 12 2024, 11:04 AM

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Cavatzu
post Feb 12 2024, 03:45 PM

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QUOTE(AskarPerang @ Jan 22 2024, 09:26 PM)
Unit sold at 285K last week.
Almost back to last month reserve price.
Good catch?

6 more active lelong units in the market now.
Generally 800sqft below 300K to attract interested buyer.
Bigger size unit below 400K to attract interested buyer.
user posted image
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This is cheaper than rumahwip! Where are all the people crying about unaffordable property?
Alvin1233
post Feb 13 2024, 02:14 AM

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QUOTE(Cavatzu @ Feb 12 2024, 03:45 PM)
This is cheaper than rumahwip! Where are all the people crying about unaffordable property?
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I think they want low dense, atas, and in nice location with "affordable" price they wish, of coz they wont come out haha
Cavatzu
post Feb 13 2024, 05:27 AM

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QUOTE(Alvin1233 @ Feb 13 2024, 02:14 AM)
I think they want low dense, atas, and in nice location with "affordable" price they wish, of coz they wont come out haha
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It’s all about choices. They can rent one bedroom in Cheras or get an entire unit here for the same price 10 minutes away.
Thasmita
post Feb 13 2024, 07:22 AM

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QUOTE(kswee @ Jan 5 2024, 06:48 PM)
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Ha ha ha - why on earth did regulators approve such dense development.

Good luck to owners when the buildings are about 10 years old
Cavatzu
post Feb 13 2024, 09:54 AM

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QUOTE(Thasmita @ Feb 13 2024, 07:22 AM)
Ha ha ha - why on earth did regulators approve such dense development.

Good luck to owners when the buildings are about 10 years old
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The land parcel is actually very big. Their orientation and architect is just really bad. Get serious anxiety and claustrophobia looking over at your neighbours.
Thasmita
post Feb 13 2024, 11:11 AM

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QUOTE(Cavatzu @ Feb 13 2024, 09:54 AM)
The land parcel is actually very big. Their orientation and architect is just really bad. Get serious anxiety and claustrophobia looking over at your neighbours.
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Yup.

I foresee this to be a flop soon


Alvin1233
post Feb 13 2024, 04:48 PM

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QUOTE(Cavatzu @ Feb 13 2024, 05:27 AM)
It’s all about choices. They can rent one bedroom in Cheras or get an entire unit here for the same price 10 minutes away.
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Yeah, actually i don't mind renting a unit here if given the choices, definitely can get a good bargain. Amenities wise, not the best, but still workable actually.
Alvin1233
post Feb 13 2024, 04:51 PM

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QUOTE(Thasmita @ Feb 13 2024, 11:11 AM)
Yup.

I foresee this to be a flop soon
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Hmm difficult to judge for now, if you noticed the commercial activities from Sean Tan-s video. Need to monitor again for the next 5 - 10 years.
Cavatzu
post Feb 13 2024, 05:35 PM

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QUOTE(Alvin1233 @ Feb 13 2024, 04:48 PM)
Yeah, actually i don't mind renting a unit here if given the choices, definitely can get a good bargain. Amenities wise, not the best, but still workable actually.
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To be fair. It’s actually quite close to the action and extremely affordable. If I was in my first job or on a lower income, sharing an entire unit with either a partner or friend would be very doable and affordable.
Alvin1233
post Feb 13 2024, 11:56 PM

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QUOTE(Cavatzu @ Feb 13 2024, 05:35 PM)
To be fair. It’s actually quite close to the action and extremely affordable. If I was in my first job or on a lower income, sharing an entire unit with either a partner or friend would be very doable and affordable.
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Yeahh, nothing to complain ady, for this price point of able to get it as low as 200k++ with the proximity to the city centre, its a real bargain ady, of coz you need to compromise on the density. I wondering, is there any property(except low cost flats) with this proximity to the city can fetch this price? Hmm...
Cavatzu
post Feb 14 2024, 07:13 AM

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QUOTE(Alvin1233 @ Feb 13 2024, 11:56 PM)
Yeahh,  nothing to complain ady, for this price point of able to get it as low as 200k++ with the proximity to the city centre, its a real bargain ady, of coz you need to compromise on the density. I wondering, is there any property(except low cost flats) with this proximity to the city can fetch this price? Hmm...
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You can compromise by getting something very old. As far as a new build goes, I don’t think there’s anything that is this cheap. The high density is off putting to many hence the bargains. Just be aware that most likely you won’t get any capital gain.
Thasmita
post Feb 14 2024, 08:10 AM

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QUOTE(Cavatzu @ Feb 14 2024, 07:13 AM)
You can compromise by getting something very old. As far as a new build goes, I don’t think there’s anything that is this cheap. The high density is off putting to many hence the bargains. Just be aware that most likely you won’t get any capital gain.
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Biggest problem is going to be maintenance.
Cavatzu
post Feb 14 2024, 09:14 AM

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QUOTE(Thasmita @ Feb 14 2024, 08:10 AM)
Biggest problem is going to be maintenance.
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It’s not your problem if you’re renting. Following a typical cycle of a budget high dense build, bargain heavily if you’re a renter in the first 2-3 years of vp and you get a relatively good lifestyle at a low cost. As for buyers, you already bought so much lower than the market so there’s that aspect.



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