Value buy

Mark my words: This will be an expat hub for foreign workers from Bangladesh, Pakistan, Nepal, Indonesia as well as foreign students from Somalia, Zimbabwe, Nigeria, Botswana, Sudan

Good rental

Wow. New record.
Sold at below 150K.
Nobody interested.

Sold at 131,220.

Good catch?

A resting place for the ancestors at Xiao En Yuan also more expensive than a unit at Youth City Nilai

Fair price 100k

This property certainly isn't suitable for such development. Will take a very, very long time, before the price can stabilized and return to the S&P price. My guess is anywhere between 5~10 years.

Nilai need landed not highrise

This development is just too dense.

3,000 units with clubhouse, 2 pools on each tower, 3 towers total.

With the current terrible occupancy rate, maintaining this place will be quite a downhill challenge for the JMB/MC.

Last time when i became a JMB for a 400 unit apartment also already hard to ensure the collection maintains at 85%. Below than that, deficit!

where does all the monies go to

biggest expense is salary right, salary of management, salary of guards

Same as all the condo's/apartments being advertised in KL. Oversupply causing pressure on rental yields.

This is subjective in my opinion. I have units in some of the highest density condos in Klang Valley, such as Parklane OUG and it is doing great over the past few years. Rental yield is above average (relative to the other units there) and the demand is very high (my unit's turnaround time is under a week). Unit is always rented out even before the previous tenant has moved out - that's how fast it is.

At the end of the day, for KL, as long as there is high demand for rental (big population), it shouldn't be too hard to rent out property. All boils down to marketing strategy and positioning.

Maybe true for now, however in the next 48months once all this new projects complete, its going to be a different picture. Indeed some condo's may do better compared to others. But its doesn't represent the true picture. I'm going by available unit data's from all the property ad market. Like Mudah, iProperty and etc.

On the point of population, the supply coming into the market is going to outstrip demand in the coming years.

This post has been edited by ds732: Jul 12 2024, 12:46 PM

Gembox how?

This post has been edited by X-SenZ: Oct 13 2025, 05:40 PM

Another lelong unit sold just now.
This time got someone grab before price drop below 150K.
Not sure is a good catch or not.
Probably can wait 1 more extra round.

Reasonable price