This is a good investment, I getting 4 units here, which entitled for additional 1% rebate, total 10% rebate.

Try look into Glenmarie, how many condo or high rise do you see in this area? Don't say about Shah Alam or Subang Jaya, just talk about Glenmarie alone. Shah Alam and Subang is different games already.

Even with force rental 1500 per month, deficit 1000 every month include maintenance fees, the 6th year i sell off, i still get healthy 80-90k nett profit based on annual 5% appreciation which is damn low projection compare to annual 6%-7% in KL/PJ and sell off with 580K, which is still within affordable range for the next purchaser.

Look into college students behavior, where do they stay after graduate? Plenty of students still remain the same staying area because used to it, and new incoming students will require more bed, and they prefer outside not hostel due to no facilities and 8 students sharing 1 cluster and 1 bathroom also with other strict rules.

My 2 friend's phase 1 are renting out 6 beds x 600 rental : 3600 per months, enough to cover their installment. Depend how creative you are to rent out your units. Occupancy there is 70%~80%.

Every 20 years there is new township coming up, 1950s KLCC, 1970s Damansara/PJ, 1990s Subang/Subang Jaya, 2010s Puchong/Sg.Buloh/Shah Alam/Glenmarie. If still look into those places, you are getting more competitors.

Look into nearby factory workers salary, most of the executive there is earning 3-4k, not those palia doing chemical factory. With 3-4k, a couple planning to build a small family, combine their income 7k, selling 580K in the next 5 years, enough for them cover their installment 3k dy.

If anyone interested, I can share with you more details.