QUOTE(twentyfour24 @ Apr 29 2018, 07:27 PM)
Omg. Means not worth to buy for 1250sqft if it sharing with Rumawip.
I think it's still quite worth it. From what I heard, most of the people who buy RUMAWIP aren't the complicated mix that you'd expect. Sharing of facilities among 400+ normal units + 200+ RUMAWIP is fine.
I love the layout, I love the price, I love the MRT nearby. I would recommend this project to everyone who's looking for own stay in this part of the town.
But for investment, it's a different story I guess. You'd have to compete with the much cheaper PPA1M. A search in iProperty reveals the nearby PPA1M Bukit Jalil scenario. 1400sqft, renting at just RM1000 (attached picture). How can you compete?
Mind you, PPA1M OUG (this current block) is selling at RM300k for 1500sqft.
(Source:
https://www.ppa1m.gov.my/project/details/Mz4nzipjJfbs4YsPr)Meaning, with 90% margin of finance,
they will be paying RM1300/mth (1500sf) , while you have to fork out RM2400/mth (1250sf).
If I'm a tenant looking for an economical choice, with an MRT nearby, minus the facilities, PPA1M units would be my choice, at just RM1psf of rent.
Attached thumbnail(s)