Hey guys! Would like to seek advise from the property gurus here. I'm currently living in Bandar Tun Hussein Onn, Cheras with my parents and am currently looking to buy a property preferably nearby my house area because I want to live near my parents.

There is currently a high-rise development in my area, known as the Lake Vista Residency costing @ RM600k for 1280sf arrow unit, overlooking a lake which is truly remarkable. Other than thaf, there are also a few old used 2-storey landed units nearby that costs roughly about the same.

I'm thinking that for starters, I might just invest in this home either for staying or rental. If the inconveniency of living in a high-rise building boggles me, I might switch to a landed unit in the future.

What I wish to know is, am I doing the right decision in doing so? And has any of you ever heard of Lake Vista before? Is it a good investment? I have a strong feeling that this will be a good first property for me. Its location, access, low density and available amenitites nearby are big pluses for me.

This post has been edited by fipoch: Dec 26 2016, 12:31 AM

what you feel in the end is most important for you... however... at that price point... i doubt u can rent out to cover your installment... u need to bleed out monthly for not staying there... haha... but generally the pricing of BTHO also cant run much from that for the same size... so since you might wanna own stay follow your feeling... if wanna invest... make sure its quite close to public transport and there are basic amnesties surrounding the project less than 10 mins walking distance if possible...

In today's tough real estate market, the Internet is playing a huge role in the buying and selling of real estate and is an almost limitless source of real estate information. It does not replace the experience and knowledge of an experienced real estate professional. It is not easy to become a Realtor in NJ and help others to buy/sell their house. You may search on the Internet or ask others for the referrals. After hiring a good real estate agent, you may take his/her help to help you make a decision to invest.

First thing's first, don't be swayed by the "lake view" thing because honestly speaking, those does not matter when it comes to property value, surely it makes the property more desirable however it adds no value to it. It's like a a cone Sundae to your McValue meal, it somewhat completes the meal but not necessary and is not for everyone.

The selling price yields about RM460 per square feet which is about the market price for stratafied properties now so if you are saying if it's priced normal then it is according to current market price.

As far as I know, BTHO is a residential area with no colleges or universities nearby. Bustling commercial areas are also quite far from there thus, seeking for rental yielding from residential units may be a bit unworthy.

Whatever it is, you should go ahead if you have a good feeling about it. Investment is part gambling. You don't fold when people asks you to, you fold when you feel your next deal of card is going to kill you.