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Investment ARA TRE' RESIDENCES @ ARA DAMANSARA [OT], Affordable Luxury Ara Damansara

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post Nov 14 2018, 12:44 PM

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Was approached by an SA the other day quoted me on below (All price are before rebates etc).

807sqf (Bare Unit)
SPA Price : RM 554k

807sqf (Fully Furnished)
SPA Price : 546k

1173 sqf (Bare)
SPA Price : 844k

1173sqf (Furnished)
SPA Price : 844k.

1197sqf (Bare)
SPA Price : 872k

1197sqf (Furnished)
SPA Price : 872k


Free 2 carpark for 807, rest free 3 carpark. Downpayment 2% for 807, 1% for rest.

seems to be all in tower A.

This is going to be my first purchase to stay since its closer to LRT (wife works in KL) and I work in Damansara.

I am a newbie on this so i hope some of you can help us out. Is this property still OK to purchase with these price? Any recommendation of similar property in the area to stay / invest in which we can expect a good appreciation rate in the future if we decide to sell the unit? We are probably thinking of going for 700k MAX on our first purchase.

Also know that its a leasehold. Would this property be hard to sell in 10-15 years as we're probably going for a landed house with all the kids etc.

Thanks in advance.

 

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