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Atwater by Paramount Properties, PJ Section 13, Mixed Development
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netguy
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 May 21 2018, 07:17 PM
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Getting Started
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I'm comparing between Centria PJ Midtown with Atwater.
These are what I found:
Midtown- Full furnishing (for first 200 SnP, save money), VP next year (save interest), beautiful full length window bedroom, BUT psf is more expensive, some retail are not managed by developer, and only the 1-bedder is affordable (not flexible for invest/own-stay).
Atwater- Lower density, less competition as family tower has more own-stayers, has tenant pools from office blocks and self-managed retail, but the 4-yr undercon interest and partial furnish.
Any opinions from you guys? Especially for investment.
But I heard some mentioning the psf pricing is a bit expensive for investment, in this part of PJ, esp without public transport.
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netguy
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May 21 2018, 11:49 PM
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Getting Started
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QUOTE(Babizz @ May 21 2018, 09:01 PM) what's the centrias nett psf price? investment here is a bit tough. appreciation will be slow too. From the sales kit pricing (real price only known on the launching date), I was quoted cheapest RM512,479 nett price for 613sf. That's around 836psf. Why do you say the appreciation will be slow though, just curious? |
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netguy
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May 21 2018, 11:51 PM
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Getting Started
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QUOTE(powerkid88 @ May 21 2018, 11:42 PM) It depends on what kind of target tenant you are looking into. If you like those walking distance LRT, you may consider Bangsar South. Yea, I'm guessing this place would attract more of PJ workers, and students (multiple students per house). Bangsar South, oh well, if only that's an option. The downpayment for Southlink is just crazy. The dual-key Southlink unit, is sorta like a dream investment unit, haha. |
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netguy
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May 22 2018, 09:15 PM
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Getting Started
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QUOTE(powerkid88 @ May 22 2018, 07:22 AM) Yes PJ is aiming different market. Lesser competitor since the bigger units (familar tower) mostly are selfstay, lots of elderly downgrade to service apartment from the Semi D / landed nowadays. For Bangsar South, recently i did research about it. Yes 4% of Downpayment . The Dual Key start from 618k, yes it is definitely nice especially the glass wall for bathroom, like Hotel~ kinda exortics. Haha, yea exactly! Was honestly quite surprised at the glass-walled bathroom of the studio side of the dual-key unit  |
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