Thx for your input. Since many agents knows as you mentioned, l am very very interested to know how to buy subsale with zero down payment. Pls enlighten further. PM also OK. Thx
mark-up loan / overloan. as long as bank valuation for that property is still high and the owner is letting go low.
i went to parkland before.... quite nice environment what
QUOTE(M & D @ Sep 19 2017, 10:08 PM)
i went there too, fren invite to his new house... overall okay lah. Just hard to find car park space. not much visitor parking
just so you all know. is a no go zone for us Grab driver. already lazy to tolerate with those bad attitude Africans there. 99% will be Africans. not racist but majority bad attitude. you will need to interact with them to know.
Now i get what you mean. Auction only happen when buyer can't afford to pay the installment. 500k installment is around RM2k+-.
You said it because It's happened to Akisama previous project at parklane OUG?
And ask yourself whether you are able to rent out at least 2k monthly to cover the installment. If you are confident then yes go ahead. If not then better dont commit yourself.
i just rented out my newly Vp condo in bukit jalil for merely RM1500
walking distance to LRT, good location and partly furnished
people ask why rented below market value ? i just told them who determine market price ? i rather be among the first to rent it out rather than wait tenants slowly filling up the 1K unit condo.
but i quite strict on tenant, RM1500 because is expatriate and small family. and i rented out 1 months plus after VP and basically within a week after my fittings done....
You got a valid point there but too bad not many people view the same like you and end up blaming agents the one who determine the market price.
Let put it this way, you rent out 1 month after completion. Another owner maybe need 12 months (since like you say got 1000 units) to get a tenant at a slightly higher rate. But if count the opportunity cost, he is actually at a loss. 12 months vacant with no rental income. Even if he managed to rent out at 1800, the 12 months vacancy period will not be able to cover up with the additional 300 rental rate.
He determine base on his low holding power. Rented at below market to get tenant but spoiled the entire project rental rate reference. So call smart to save in front part but lost by ended part which selling at Mid cost apprtment price.
Not surprising due to high competition, Parhill Residence owner force to throw price to be as low as the medium cost standard PPA1M apartment in order to rent out. But untung for the tenants. Pay same rental as medium cost apartment but get to stay at luxury condo.
No HSR mean no Bandar Malaysia. If no Bandar Malaysia why need MRT line 2?
For MRT line 2 not sure still able to do realignment? I guess not possible as construction works already started. But yeah if no Bandar Malaysia is not wise to have until 2 MRT station there anymore. Maybe just build the line and mark it as future provision station. The Bandar Malaysia MRT station to be built again and open if got demand?
Sales for this project is still selling. I guess they are doing something right. Developer has the experience in providing properties. Affordable and has its pros that will increase the value.
This project of course will still go on. Nothing wrong with this particular project. The stuff in discussion is actually whether Bandar Malaysia will still exist? And also whether both Bandar Malaysia MRT station will actually exist since will be nothing sitting on top of those station, so whay for opening a station into no man land?
So the concern is, without Bandar Malaysia, do you think is still a good buy?
If i'm not mistaken the Bandar Malaysia North MRT station has already started work since last year. I think i read somewhere in Bandar Malaysia itself there will be 2 MRT stations. 1 north and 1 south. The south station is the one connected to the HSRL.
All they need is a pedestrian bridge to link to the station that would be perfect d.
According to the article, the underground project is still going on.
Both MRT station Bandar Malaysia North and South already being marked as "future provisional" station only for now. Why have a station when coming up lead you to nothing?
It will depend on the land size also. The RC land is huge but the way they’ve clustered the buildings is just unattractive.
Kesian those units facing another units. No view. No sunlight especially lower level unit. M Vertica building orientation is much better. That also ppl label as Hong Kong already.
Isn't that 5 yrs free offered by developer means developer own manage or absorb cost (manage by others) of the property maintenance for the said period? No
Yeah but of course is already factor inside the selling price. 5 years totally run by developer. Owners still need to pay 10% sinking fund to be used as their tabung in the future.