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 Buy or no Buy PV Condo at Setapak?

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siegrig
post Jun 1 2017, 11:53 AM

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QUOTE(adamhzm90 @ May 26 2017, 09:54 AM)
for around 500k mortgage need around rm2500 installment per month..

rent there hovers around rm2000 (if lucky, saw some even renting at RM1.4k at mudah). so not really a good investment
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ya true also but if the house well maintain you can increase the rental price...my friends around 1-2 years will increase the price and people do still renting it hmm.gif
SUSGoldenHorn
post Jun 1 2017, 03:08 PM

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personally if anyone selling, I would seriously consider to buy..
shelby_yong
post Jun 1 2017, 05:10 PM

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for me , i wont consider right now..

the road there damm congested.

and quite numbers of negro there now..

good luck for those who wish to buy
Dead_Arrow
post Jun 2 2017, 05:04 PM

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TS, u wan to buy PV is for investment (rent out) or stay your own? I heard there is a new condo along Jln Gombak, near the traffic light to Sentul, selling around RM400k plus. U may survey for it.
Jinglexo
post Jun 3 2017, 03:22 PM

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What bout pv3,5 and 2?
sonic_darkknight
post Jun 4 2017, 01:45 PM

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few years back pv16 market selling price was rm600 to RM620k for a 4 room 13xx sqft unit at its hight peak. now i believe only rm530 to Rm550. And you want it go up to RM700k? I dont think so especially with our current economy.
leftback
post Jun 4 2017, 02:20 PM

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QUOTE(KC123 @ May 22 2017, 04:51 PM)
Guys, do you think now is a good period to buy resale PV condo nearby Setapak (For eg PV13 ~PV15)
Price is around RM530K for one unit.

Do you think the unit price will potentially increase up to RM700K?
icon_question.gif 

I just wish to hear some opinions although i know the question is too  doh.gif to ask.
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Attended a property talk in mid valley recently and one speaker did mention that there is an oversupply of condos at the moment. He also mentioned the days where price increases upon completion, does not happen anymore due to oversupply. So if the unit is not completed and you are hoping the price will go up, think again.

Even if the unit is completed, why would you want to take a huge risk? 1/2 a million is a lot of money.
heavensea
post Jun 5 2017, 07:29 PM

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