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 Astrum Ampang Jelatek

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gashout
post Nov 3 2024, 05:01 AM

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QUOTE(Chady @ Apr 23 2024, 06:25 PM)
When u buy a property, always think of the exit strategy.

Can u sell this property eventually while competing with other 5,000 units?

Idaman Kwasa Damansara is a better option for family stay as the size is bigger and it’s freehold. Astrum only for long term rental (12 months) or airbnb.

I doubt u want to raise a family in Astrum.

Always buy something u will foresee yourself in the next few years … ie getting married or having kids etc.
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kwasa damansara is good if you live around there. as they are the last station, try see how far it travels.

if you live in the city, best stay in the city, but true too, that space, how do you have a family.

it's a mater of distance and size, where most property concerns are.
gashout
post Dec 25 2024, 07:01 AM

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QUOTE(warrenbuffett @ Dec 24 2024, 10:44 AM)
the sale person told me the reputation is very good. best developer.
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Sales person need commission.

You and your 30 year loan is none of their business after you've signed
gashout
post Jul 18 2025, 07:49 AM

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QUOTE(x3Kai @ Jul 17 2025, 06:10 PM)
Forgot to update after buying.
This is some pretty good insight here, knowing your exit. Based on what I researched after that, I think this is likely a hold until you die property. Cuz from what I've researched, appreciation is pretty much non-existent for units designated as “affordable” housing.

Because to even sell, you seem to require approval from LPHS, where they will probably try to cap the selling price to keep the unit “affordable”. However, I do know people who bought and sold affordable housing previously to the open market and got away with it. But that’s under an older affordable housing scheme, so it’s hard to tell what law applies.

If anyone sold their affordable housing unit (RSKU, Idaman, PR1MA, Rumah WIP, etc.) recently, would appreciate some insight on how the selling process is and whether LPHS impose any price restrictions.

For me, I don’t really foresee myself building a family anytime soon, still forever single, so no issues there. Just treat this as building equity and turning it into a source of passive income. 
I went over to check out Kwasa showroom and the surrounding area last year, and the MRT station wasn’t as close as I imagined it to be. I estimate it’s at least a 10-minute walk plus no guaranteed covered walkway, hence I went with Astrum instead.
Bought, can’t tell if I’m happy until the unit VP. It’s a roller coaster ride, last year progress was rapid, but then since the beginning of this year till now, looks like nothing much was done.

When I bought, they estimated Q2 2027 completion. I bought thinking that since it launched during MCO, surely, they would like to avoid paying LAD and finish it earlier and the developer staff told me if all goes well, Q4 2026 will be done. But recently I asked the staff from collection, they say it’s more likely completion in Q4 2027.

Then there’s also rumours saying the linked bridge won’t be built since there’s no signs of construction for that, instead it’ll be just a covered walkway.
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congrats! remember to save some money for renovation and make sure to do your best to clear your loan asap...

All the best smile.gif

 

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