U5 is under shah alam, actually all shah alam not doing good for township development.

I don't think that is a demand in 5 years for a high rise building subsales in U5, and this new project is surrounding by old development, if you really need a good environment, people will prefer that project closer to Elmina.

now the property market is good for new project due to low entry fee, but not good for subsales. If you buy a subsales, you need a 10% down payment and stamp duty etc.

for rental, i don't think it is high demand with good rental yield, that is few condo is planning to build surrounding the elmina project. My friend company also going to launch a new condo in denai alam with 4xxK, for new project I have no doubt the demand still very high, but for subsales that is not an easy deal to let go. My taman in Puchong, mature area, freehold landed, guarded, 22x75, many peoples want to let go @ RM 700k, but already hanging the yellow board for a year, still vacant and unable to sell, that is few people come for viewing, but noone can deal it, and surrounding new landed selling @ 1 mil, can fully sold in 1 months time, just start construction, we were thinking it will hard to sell, but fully sold within a month.

It is up to your own decision.
For me, i will say now is a good time to buy a property, but is not a new development in a non mature area, you can have a good deal in a mature area for a subsales unit, you can know what is the real market rental yield in this area, you know who is the potential tenant in this area, you can know the condo management doing a good job or not, you can know what is the shop/restaurant surrounding.

Anyhow, no pain no gain, you can try your luck to invest in a new development, high risk high return, you might gain a big profit after 10 years and enjoy your life.

This post has been edited by chainyong: Dec 29 2019, 09:30 PM

Kuchai Lama 216 Residences, I am not sure. You can wait others give you a comment, but i think it should better than u5

setia alam actually is not good, just recently EW come back, then this area start hot again.
Kota kemuning use longer time to develop, and the rental return is not that good, now many peoples want to move to the canal city due to the nice environment, i have few friends already planning to move out from KK to Canal city, they bought a super link or Semi D in Canal city, and their neighbor many also ex KK residents.

i would say, currently all subsales unit is hard to sell, for condo even worse in the same area. Unless it is located in a good location.
if rental yield is acceptable, you still can rent out. To sell is hard. My friend sold out her unit in Old Klang road with a 15% lower than market price because she moved to new house with very tight cashflow. Still gain some profit because she bought before the bull run.

anyway, for own stay, you should take own need for priority, you can find a nice location with good/acceptable rental yield.
As advice from scarypoolparty, don't buy because of budget only, must take other factor for decision making

This post has been edited by chainyong: Dec 29 2019, 11:12 PM

After your failure investment in cheras, you canged the ID ,uncle bean.

You always complaining other project, but your failure investment, you keep silence.

You made a money in setia alam, just because you bought before bull run.
The limitation of setia alam exist, caused jam, many peoples bought it just because of the low entry price before with a shopping mall. But after that, the demand slow down and untik recently EW come back, the new investment start hot again. My friend was trying hard to sell the setia alam project last year, this year only start better due to people can see the EW progress in this area.

Today saujana putra also heavy traffic during working hours, it is called success township based on your theory? The canal city is part of the contribution to saujana putra traffic jam.

i am referring to other project in setia alam, not SP setia.
SP Setia selling the landed with very affordable price, i can't see a success township need to lower the selling price to make their development can sell faster, the price is even lower than Elmina.
My friend selling the high rise building in setia alam, he is a marketing manager, he know how the buying power come so sudden, you can image for beginning they spent many money for marketing just only close a single digit unit sales.

after EW township complete partially, the investors can see the potential in future, then they start to purchase, maybe the HOC also helping them to push the sales.

if only that affordable landed, then only SP setia can sell, i visited their sales gallery before, the unit sold out not that fast.

Setia alam hard to make profit again, this township already reach their peak if without EW pump in.