You comparing a “strike jackpot” location condo with not so well to do location. Not fair la. Why not go see those in KSL, Taman Daya, forest city, Medini area. I got a colleague bought a condo in Medini for 600k++, over 1k per sqft last time. Now iProperty all listing the same unit around 240-260k. That also not sure if have buyer.

I am a palazio owner myself and staying there. We buy 120k+ only now can sell 250k. Another of my friend buy same time as me country garden Danga Bay. Studio near 400k. Now also rent 1.4k or sell also can’t get back 400k. Damn kecian. That time I told my friend buy slightly further la don’t pay the premium for so call near kastam but she don’t want to listen. Now her condo stuck.


Got another friend bought Mont kiara condo before covid also. 1.xm. She told me installment around 5k++. She manage to rent out the unit immediately after completion for 6k a month. 97-98% covered her installment + maintenance fees. Consider damn good la tu.

Just FYi my palazio installment only around 600, even with maintenance fees if I rent out easily pocket 300-500 a month depends on how much you want songlap ur tenant

This post has been edited by Lester1987: Feb 6 2024, 08:39 PM

2011, 484sqft

as someone that been thru MCO in JB, you will know well what will happen if another MCO hits JB. The whole of JB Town and MBIP area is like dead town without SGrean and SGD earner.
Only Austin, JJ, Tebrau corridor still have some local humans...

As for investing, never buy high rise in JB. those are the overbuilt kaw kaw ones. Go and invest in a good landed. Problem is you need to queue and snatch with bunch of people.
Places like Horizon Hills, Aspira, Eco Botanic, Austin Heights all new launch need to ballot or queue from midnight get even get a unit and they are priced like 1m+.
Still cheaper compare to Klang Valley so i think the room to grow is there.