Hi All, i want to add some point if you consider to buy this razak city project.
- according to unofficial analysis, 99% of parklane owner hate akisama, the remaining 1% wanna murder them.
- bad workman ship, low cost design, bad material, toilet keep on leaking after fix n fix n fix, the defect list when i get the house is over 35 items.
- the shoplot under parklane is still mostly close after 4 years, only mart,mamak,dobi,pool and liquor store survive.
- dont under estimate the power of 6,000 units, it really really hard to sell & rent.
- at 2014, i rented out my basic unit @ RM1.2/month, at 2018 i want to rent out my unit with washing machine & fridge with RM1.2/month, but the tenant ask for RM1.1 or i have better offer.
- the capital appreciation of parklane is flat and almost equal to developer selling price after include cost and loan interest.
my suggestion is, if you still consider Razak City after reading all the above and feel razak city as a good deal.
please take a short trip to parklane oug, see the people there, talk with the people and experience the atmosphere there.
if you can accept the worst case it might turn out like parklane, buy it.
[from a very very tulan parklane owner]
my uncle is staying in Parklane and so far they are quite ok there and made a home for themselves. I think to rate a whole property based on a few units isnt quite fair as I am sure there are residents that are happy with their homes.
All properties made have their pros and cons, I understand the point that you are trying to make but to say that because of one property that was unsatisfactory, all other properties are not worth it would be one sided. Developers has had the time to improve and provide better for the consumers and investors. There are a lof of other factors that contribute to an investment of a property. Location of parklane OUG and Razak city alone is a big difference. If you want to invest in Razak City dont be close minded and look at Parklane, u look at Razak City and its potential.