I signed spa......0169128616

Me and my friend was interested to invest after we visit the showroom on last Saturday however we are taken aback by this: https://www.mudah.my/Malaysia/Properties-20...PPA1M&so=1&st=u

There is PPA1M Bukit Jalil (as per the Mudah link above), PPA1M Mercu Jalil and PPA1M Parcel 2 Taman LTAT (both in construction) in Bukit Jalil/Puncak Jalil.

My question is:-
1) Can PPA1M be rented out? Because as per Pr1ma, they can't sell/rent in the 10 year's time frame.
2) Oversupply/rental war already ongoing in the area + PPA1M units will become a disaster. Still worth the investment?

the answer has been circling lowyat properties forum for a while, y u missed the train..

PPA1M can be rented out..so does RUMAWIP..and PR1MA..there's no restriction for them to do so in the S&P..the only restriction is they can't sell the unit within 10 years (5 years for PR1MA)..only got cakap2 cannot be rented but u see mudah all rent rent rent rumawip&ppa1m..

2nd question i'm sure u've figured the answer yourself

Ouch! Then the RUMAWIP, PR1MA and PPA1m will really messed up the investment in KL/Selangor.

Wasn't paying special attention on properties news/talk before this until I have decided to invest this year, thanks buddy

Renta yield has been ugly for most of new property (perhaps 90%) before the "intervention" of govt housings.

What’s the latest sale update? This project seem unattractive for the public..?

rental market in parkhill is doing rm2200 FF without ID, but rm2900 FF with ID. Interior Design make alot of different in term of rental

this project super duper over priced.
how to get high rental yield with monthly installment so high!!
dont stupid listen to agent comparing this condo with twin arkz... what a Joke !
Puncak Jalil vs Bk Jalil
LBS vs Exsim

KM1 also difficult to get high rental nowadays. Only few units can successfully rented out at slightly higher rental.

1. Yes, PPA1M, and most of the other affordable housing can be rented out. SPA only have clauses preventing selling within moratorium period, I think. If you search around property websites, you'll note that they're renting out as low as RM1psf.

2. Depending on how you value it. Some would say affordable housing has really low quality construction, and as such, normal free cost house would still have their target market. This is true to certain extent, but when quality and facilities is not on the tenants' mind, then it would be a problem for the free cost houses around. Zooming out a bit, and you can see these few thousands of units concentrating on a small area, how would the jam be in the future? I can't really tell as well honestly, just something in my mind.
Zooming out even further, the whole Bukit Jalil area has so many thousands of units under construction now, just betting on Pavilion 2 and some projects such as KL Sports City (I think that's what it's called haha). How long they'll take, and whether they'll even be successful, that'll determine how long you'll need to hold to your investment units.

Do correct me if I'm wrong

how many units of ppa1m in this project ??

also got owner force to rent out at 1500 basic due to the competition against the medium cost apartment PPA1M in that area.
refer: https://forum.lowyat.net/index.php?showtopi...post&p=89081094

3360 units of PPA1M.

Bintang has 1360 units beside.
And LTAT has another 2k.



Attached thumbnail(s)

Impiana Sky Residensi (Behind The Earth) - 508 units (completion 2020)

The LTAT one total is 3k plus. Only 2000 units opening up to all civil servant. Rest of the bigger size units reserve for the armed forces personnel.

wth. crazy

this Bintang how to buy like that ?
super duper high density!
rental might drop to below rm1k for 1205sf unit

Seems like u know the market price very well, u should get a flat/rumah wip instead bro. 😂

purposely open a new account and comment here
lolx!!!

Now looking at these previous projects with 1k units macam sudah kira low dense lol

OMG...i know got some low/medium apartment going to built near Bintang, I didnt expect it to be 3360 units.......