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 Tiffani by I-ZEN|Mont Kiara, Worth to invest? Please share your ideas

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TSshih
post Jul 30 2007, 01:00 AM, updated 19y ago

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What do you all think about the location and future prospect for Tiffani I-ZEN, Radiant type D, 815sq ft on Mont Kiara.
Is it a property that worth for investment? Unit will be ready in late 2009.

If I can get the unit at RM400k, which is way cheaper than currently offered price RM498k, the price increased earlier in 2007 from Rm450k. Do I have advantage for that? coz this is for investment purpose.

I need to pay 10% down payment around 40k. Legal fees and interest during construction period borne by developer. If I sell the unit within the construction period or within 5 years, I need to pay 2% of total loan amount to the bank. I only start paying back the loan when the unit is done at the end of 2009. What do you think?

Homepage: Tiffani I-ZEN

Thank you very much!

This post has been edited by shih: Jul 30 2007, 01:01 AM
TSshih
post Jul 30 2007, 09:47 AM

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QUOTE(scorgio @ Jul 30 2007, 08:44 AM)
Did the sales agent tell you what's their assessment of the rental after completion?

The property prices around Kiara area is supported by expats. I-ZEN's price may not appreciate much in future (considering the size of the unit u're interested is only 815sqf). But u'll receive a decent return on rental collection.
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What do you mean by 'expats'? The house area might not favour me but almost 90% of similiar units sold out already. What is your comment?

It is not I am interested in the smallest unit but I cannot afford the bigger one. The assessment for rental is quite good for Mont Kiara but I forgot how much already, it is up to 2k to 3k if I am notmistaken. But I am still wondering who will rent.....
TSshih
post Jul 30 2007, 05:31 PM

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So, is it a good spot for investment? according to what I afford only in the 1st post.

 

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