It's such a great location, looking at the bigger picture. Narrow it down and you can see the nearby LRT station, which is great too! And the psf price is quite a steal actually, for KL units.
But just curious from all of you here, would the RUMAWIP and PPA1M affect the investment profile of this place?
I know RUMAWIP (220 units) has a rental moratorium of 10 years. But PPA1M (660 units) CAN be rented out, just can't be sold. The layout for PPA1M looks great too!
And the nearby thousands of units of PPR Kg Muhibbah with nearly 3000 units! (Although I must say the PPR here is quite clean, I even saw some Benz, and nice cars parked here)
As well as the nearby cramped Hong Kong styled-OUG Parklane with 4000+ units!


What do you think? Would this affect the rental or future selling decisions/outcome of this Platinum OUG?
#dilemma

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)

Yea, I believe you actually do get what you paid for, haha.
But it's definitely attractive for those looking to rent a big space, without all the hoohas.