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 Is 2 bedroom 690sqft good for own stay?, First home buyer

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SUSceo684
post Feb 25 2021, 04:24 AM

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QUOTE(Aidenmori @ Feb 23 2021, 03:17 PM)
I got a good offer after rebates. Not planning to stay long term as I am planning to buy landed home in the future. It’s just me and partner. It is vista sentul. I know location is everything. Before I sign SNP, anything I should consider? Is this layout good for investment as I read in the forum, appreciation is slow.

Thank you in advance.
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List price 445k-563k, guessstimate 356k-450k.
close to KTM, drivable to MRT/LRT so can work downtown KL conveniently.

But the thing is for resale wise better secure 2/3 carpark (purchased carpark) it as added advantage/ rental accessibility by walking to the train line need to be considered. If can see cannot walk over problem caused by train line, might be a bit tricky to take train (KTM might be close but the waiting time made a lot of people blacklisted it).
Visit the site on a rainy day to see if there is any water ponding issue.

690 is a bit small as compared to rumawip (build quality another story) but plan wise cooking will be mostly squeezed indoors rather than smoky frying activities being contained outside in the yard "wet kitchen".

Check lift to unit ratio. If I guess correctly 262 units. If 5 lifts anyhow (even 500u/block) isn't a big problem (20% capacity loss) if one is down for maintenance..but 3 lifts for 250 units, one down, 33% capacity loss and long wait time ensues.

This post has been edited by ceo684: Feb 25 2021, 04:28 AM
SUSceo684
post Feb 25 2021, 01:30 PM

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QUOTE(Aidenmori @ Feb 25 2021, 10:46 AM)
I got around 300k++, it it super close to LRT and few hundred metres from DUKE, hence why I wanted to purchase it. I visited the site, looks fine. Will visit during rainy if can.

Only one carpark allocated but I am asking SA if I could purchase another one. Planning to cook in the wet kitchen area since there's a small yard.

Yes 262. Here is the unit plan. 5 lifts each for 32 floors.

user posted image
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Ahh then that is a good buy.
Since LRT from sentul not very far from Masjid Jamek there will be future demand.
5 lifts OK.
Try to get the extra carpark purchased. Will come in useful cos you and your partner will most likely have 2 cars. Also if not used can rent out.
SUSceo684
post Feb 25 2021, 07:37 PM

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QUOTE(nexona88 @ Feb 25 2021, 03:20 PM)
chill...
u can never go wrong with LRT/MRT location...
there's always demand for it in strategic location...
just make sure about the parking thingy... that one is icing over the cake  tongue.gif
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Ya my rumawip is walkable to LRT, everyday got agent spam me asking want to rent mou?
In this case as the train line is already there is a "guaranteed" LRT, not like some "proposed LRT" ones where it may or may not materialise.

QUOTE(Aidenmori @ Feb 25 2021, 02:36 PM)
Thank you. I hope so too. The downside is pool view and 1 car park. I got middle floor. The other left is top floor. Already asked the developer if can purchase. Unfortunately only can rent.

I guess there are pros and cons.
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Pool view may be noisy in evenings and/or weekends.
If high floor (n-1 or n-2) can consider. If very top, don't get it, very hot laugh.gif

This post has been edited by ceo684: Feb 25 2021, 07:39 PM
SUSceo684
post Feb 25 2021, 08:20 PM

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QUOTE(nexona88 @ Feb 25 2021, 08:07 PM)
What pricing the agent offering?
I mean the rental rate 🧐
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Didn't bother much with them, as I use for own stay
I think posting online or at 7E if they still have notice board will get better rates.. they just want to close the agreement and collect their money.
Usually lowball at 1200-1300/mth, in nearby project my friend rented out fully furnished at 1700 with a lot of elcheapo furniture. ROI not that fast if you need tenant rental to pay for the aircon, WH, ceiling fan, etc.

This post has been edited by ceo684: Feb 25 2021, 08:22 PM

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