Yes oh

Congrats to the earlier buyers....!!

lucky those bought earlier

Just placed booking ytd for the 694 sf 2r2b unit for RM507k after rebate. Averages out to around RM730 price psf.

Only saw this thread after I got home then only realized I bought at such a high price. If I had known bout this project a month earlier then would've saved so much =(

Location is good at super ong area with a supermarket under your foot. But can anyone tell me the rough estimation of price psf in 4 years time upon VP?

The older condo nearby roughly around RM330 - RM 460. Do you own math how far it can fetch.

RM 350 psf - http://www.propwall.my/sri_petaling/endah_...tab=classifieds
RM 457 psf - http://www.propwall.my/sri_petaling/endah_...tab=classifieds
RM 333 psf - http://www.propwall.my/sri_petaling/endah_...tab=classifieds
RM 368 psf - http://www.propwall.my/sri_petaling/endah_...tab=classifieds
RM 469 psf - http://www.propwall.my/sri_petaling/endah_...tab=classifieds

$507k 😱... high floor ? Cause each floor different $2k ..

My is about $638 persqft .. level 20 (after discount)

How it go on 6% increase? Previously got 5% discount

Increase 6% ? How about previous 5% discount?

I'm on 33rd floor. So much price difference

very low room for capital appreciation in the future after VP

May the force be with you.
Anyway, just so you know, normally if loan reject can fully get bank the booking fees refund to you.

Am seriously considering to cancel my purchase based on the below points:

1. High Purchase Price, low room for capital appreciation in the future

2. 500k for only 2R2B doesn't seems right, If this is a unit I plan to stay for the rest of my life or long term then its ok. But since its only 2R2B i believe once I get married and have kids I'm gonna have to shift to a bigger unit. And it's gonna be difficult to sell off the unit at such a high price with the possibility of no profit and might even incur losses due to the interest I have paid over the years.

3. Only 1 carpark and its at lvl 9, entrance goes to lvl 3 straight, still gotta turn up 6 floors to my carpark

4. Balcony facing directly west which will be hot in the evening and I believe most ppl don't like getting a west facing unit.

Any sifus able to provide any suggestion? It's my first property so still very inexperience. Appreciate your opinion in this.

This post has been edited by Hanz91: May 13 2017, 08:14 AM

My sincere advice here. since this is for own stay and also this is your first property. drop this unit now and apply for rumahwip. don't waste this chance. I know many regret didn't use this first bullet and bought normal property instead. rumahwip is priced at 198k or 300k for a 800 plus sqft unit. well unless you for a 5 figure monthly income now, then you are not qualified.

And best time to get is before you are married. So that your future wife able to get one for herself as well if she want. Once married your bullet will be only one to Grab those affordable project either rumahwip, rumah selangorku, prima, ppa1m.

not comparable also la... those.... older condo started off with a very low base... bear in mind... and they are not really as convenient as this project also.... in term of investment... i would rather rent a condo with everything within walking distance....

other than rumawip, prima..... you try to look at bukit jalil project... 2 rooms 2 bath... usually how much they price it.... and how is their density.... not only per block... the whole area.... it may looks cheaper... but u have to consider the number of condos there at bukit jalil... even u buy a 2 rooms 2 bath at 400k at bukit jalil... also wont have capital appreciation.... reason is very simple... there are alot of condos fighting for sales with you.... thousand units fighting with u....

this project is basically on its own at the most ong area.... just the possibility of the store may redevelop its current land we not sure.... otherwise... there are not much competition when competing for price war....

its kinda true that west facing lower demand... but not too the extent of zero at all if the location is right.... anyway.... if you are looking for own stay.... better go for rumawip those as your first house.... dont waste your chance on those decent size decent price condo....

Within 5km radius from this development,
Can find at least 3-4 wip project,
Of course of maybe closed for application such like lanai bkt jalil...
Don't waste your privilege as first home buyer as there are many choices in market right now.
Always remember to carefull make use and plan for your available dsr

Within 5km radius from this development,
Can find at least 3-4 wip project,
Of course of maybe closed for application such like lanai bkt jalil...
Don't waste your privilege as first home buyer as there are many choices in market right now.
Always remember to carefull make use and plan for your available dsr

1st property if you have higher income say 8k-10k and still single can consider 3B 2B with decent size anything 800-1200 sqft between RM500-650k new/sub sale property.
If just mid income say less than 7K, can consider RUMAWIP at RM300k since you can enjoy the stamp duty incentive for 1st house with decent size at 800 sqft.
Those SOHO just waste of money as you need to upgrade later on.

There is a new project just beside NSK Kuchai Lama. Starting at below 400K. See from FB
Price after rebate
568sf 370k
800sf 453k
1000sf 552k

Thanks all for the opinion, what about in terms of investment wise?

Since I had bought the unit at this price, I believe the subsale value for those that bought before me should be raised to be almost the same with mine around 480-510k.

Do you think 2R2B 694sqft can go up to 550k to 600k upon VP in 2021? Fully furnished unit rental can fetch around 1.8k to 2k?

Capital appreciation for condo are mostly depending on upcoming supply or new launch prices surrounding.
of course new supply very much depending on market rate of labour, materials and machinery cost, as well as land cost.
All these TCC increase will only caused house price increase as developer's job is only markup....
A lot of people did not know that their house price increase was actually due to TCC increase majority also due to inflation....

Well, capital appreciation to me is highly based on the rental yield. As a rule of thumb, yields are at 5%. If my rental is higher therefore I can price my unit higher for subsale.