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Investment New Pudu LRT project?

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nexona88
post Dec 3 2021, 08:37 PM

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QUOTE(robert.lee @ Dec 3 2021, 06:08 PM)
Hahaa its so common for agents to just sell a story that its very hot cake.. but when you dig further.. you end up with cheques that can never materialized.. i have pulled out from the booking, my aunt and my close friends say property market is not that attractive now, especially when MM2H is not so favorable anymore.. this location cannot rent much to the local and locals all very smart where they choose to rent. they want somewhere safe! so if you want expats or mm2h.. its really not the best time to be speculating.. this is speculative investment, whoever is the last on the musical chair. all the best..happy for the developer!! this location just doenst cut it for me. you think its KL city. please go and look at the  surrounding before you seriously consider.

dont forget 2000 units!! when the renters go and walk along the corridors.. you think he wants to pay for the long corrirdor?? and the noise from the LRT!! please be real with the situation in 4/5 years time. better buy near triangle area.
*
Spot on...
Density & the target market is really off...
Foreigner.. can forget.. got many others choice available for them...

eustar P
post Dec 3 2021, 10:37 PM

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QUOTE(reychow @ Dec 3 2021, 07:09 PM)
Agreed here. Who dont know better buy near golden triangle area, but not enuf budget ma~ tat why pick this project consider the price and distance to KL city area moreover just next to LRT, worst come worst can do sublet lo.
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Yes, agree w u.
den
post Dec 3 2021, 10:42 PM

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dont target the atas foreigner la... hahaha. maybe those foreigner who came backpack XD
oks911
post Dec 4 2021, 12:37 AM

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QUOTE(den @ Dec 3 2021, 10:42 PM)
dont target the atas foreigner la... hahaha. maybe those foreigner who came backpack XD
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what about target ayam?
den
post Dec 4 2021, 10:38 AM

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QUOTE(oks911 @ Dec 4 2021, 12:37 AM)
what about target ayam?
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urmm.. 10-15 ayam, then can cover installment and maintenance fee. rclxm9.gif
etcko
post Dec 4 2021, 05:12 PM

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Exactly, direct go to actual site to feel and observe by yourself. Even this area is close to city centre but surround by all old shops, old buildings, old town, refugees, low range foreigners.
Build on narrow land, high dense with 2000+ unit, just next to LRT station with frequent train noise.
I think lesser ppl buy for own stay; if buy for invest, what the target tenant? Not say MM2H getting tougher nowadays, those MM2H or expats got better and aplenty choices in term of amenities, security, tranquility, or more atas project/ area.
Indeed, price is competitive with 600+psf. Yes, you may aim for low range foreigner or backpacker.
Marcus1680803
post Dec 4 2021, 09:06 PM

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QUOTE(etcko @ Dec 4 2021, 05:12 PM)
Exactly, direct go to actual site to feel and observe by yourself. Even this area is close to city centre but surround by all old shops, old buildings, old town, refugees, low range foreigners.
Build on narrow land, high dense with  2000+ unit, just next to LRT station with frequent train noise.
I think lesser ppl buy for own stay; if buy for invest, what the target tenant? Not say MM2H getting tougher nowadays, those MM2H or expats got better and aplenty choices in term of amenities, security, tranquility, or more atas project/ area.
Indeed, price is competitive with 600+psf. Yes, you may aim for low range foreigner or backpacker.
*
Moving forward, projects near LRT/MRT is no longer a 'thing' since there are many upcoming stations for MRT 2 lines, MRT 3 lines, LRT 3 lines, ECRL lines and HSR lines... there will be a lot of others projects around these stations..

When buyers are spoiled with choices I think UNDERGROUND LRT/MRT/stations will be the next 'thing' since people dont want the noise and with the convenience rclxm9.gif
den
post Dec 4 2021, 11:00 PM

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QUOTE(etcko @ Dec 4 2021, 05:12 PM)
Exactly, direct go to actual site to feel and observe by yourself. Even this area is close to city centre but surround by all old shops, old buildings, old town, refugees, low range foreigners.
Build on narrow land, high dense with  2000+ unit, just next to LRT station with frequent train noise.
I think lesser ppl buy for own stay; if buy for invest, what the target tenant? Not say MM2H getting tougher nowadays, those MM2H or expats got better and aplenty choices in term of amenities, security, tranquility, or more atas project/ area.
Indeed, price is competitive with 600+psf. Yes, you may aim for low range foreigner or backpacker.
*
aiyah.. i think about it, it's still good la.. but if i have to buy this as subsale at higher psf price, i wont buy.
den
post Dec 5 2021, 04:43 PM

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By the way, for the buyers, did you get free stamping / MOT?

Or this project not yet approved for HOC?
eustar P
post Dec 5 2021, 04:52 PM

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QUOTE(den @ Dec 5 2021, 04:43 PM)
By the way, for the buyers, did you get free stamping / MOT?

Or this project not yet approved for HOC?
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They hvnt obtained APDL yet.
den
post Dec 5 2021, 05:02 PM

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QUOTE(eustar @ Dec 5 2021, 04:52 PM)
They hvnt obtained APDL yet.
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oh then i don't think they can make it for HOC approval. Ending soon anyway. tongue.gif
Marcus1680803
post Dec 5 2021, 07:14 PM

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QUOTE(den @ Dec 5 2021, 05:02 PM)
oh then i don't think they can make it for HOC approval.  Ending soon anyway.  tongue.gif
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Maybe will continue to extend? But HOC almost 2 years ady, if continues to extend kinda kill the purpose
den
post Dec 5 2021, 07:30 PM

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QUOTE(Marcus1680803 @ Dec 5 2021, 07:14 PM)
Maybe will continue to extend? But HOC almost 2 years ady, if continues to extend kinda kill the purpose
*
Yesterday I went to another showroom and the agent told me the news that the last day to sign SPA is 31.12 to be eligible for HOC. I think no more extension.
henrytan5005 P
post Dec 8 2021, 12:35 PM

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Anyone has any more inputs on pros and cons . Kinda of interested to get a 3 room units for investment
DortmundSW
post Dec 8 2021, 01:26 PM

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QUOTE(den @ Dec 5 2021, 07:30 PM)
Yesterday I went to another showroom and the agent told me the news that the last day to sign SPA is 31.12 to be eligible for HOC. I think no more extension.
*
Ya . Should be no more extend since already almost 2 years .
Marcus1680803
post Dec 8 2021, 07:45 PM

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QUOTE(DortmundSW @ Dec 8 2021, 01:26 PM)
Ya . Should be no more extend since already almost 2 years .
*
I think so too.. no MCO anymore, no reason for HOC extension to sustain real estate economy..
pingshien
post Dec 9 2021, 12:38 PM

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Hi all, I stay here for more than 10 years already. Maybe you can hear from me.

Pros: location, location, location. I can tell you this location is really good. Within 10 mins you can reach BB, Pasar Seni, KLCC.
Within 30 mins can reach Sunway, PJ, Bangsar, etc. It's very center. Direct link to Pudu LRT also a plus point.

Food. No issue at all. Plenty nice food around. Shopping malls also plenty.

Cons:
Community. Too many foreigners here, mostly Myanmars. But they never had issue with the locals. So far they have been well behaved.
Traffic. Traffic can be bad, but mostly during peak hours due to the stupid traffic lights near the junction at Bomba. I think if DBKL change the light timing, it will be better a bit.

However, it's nearby many main highways, going places is super convenient.

I'm not agent. Just give opinion only

This post has been edited by pingshien: Dec 9 2021, 12:58 PM
special
post Dec 9 2021, 12:49 PM

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QUOTE(pingshien @ Dec 9 2021, 12:38 PM)
Hi all, I stay here for more than 10 years already. Maybe you can hear from me.

Pros: location, location, location. I can tell you this location is really good. Within 10 mins you can reach BB, Pasar Seni, KLCC.
Within 30 mins can reach Sunway, PJ, Bangsar, etc. It's very center. Direct link to Pudu LRT also a plus point.

Food. No issue at all. Plenty nice food around. Shopping malls also plenty.

Cons:
Community. Too many foreigners here, mostly Myanmars. But they never had issue with the locals. So far they have been well behaved.
Traffic. Traffic can be bad, but mostly during peak hours due to the stupid traffic lights near the junction at Bomba. I think if DBKL change the light timing, it will be better a bit.

However, it's nearby many main highways, going places is super convenient.
*
developer no give parking to studio unit.
bigger unit also get 1 parking only. biggest unit you get more.
not only that, that parking cost RM 40k.
most tak boleh tahan is phase 1 and 2 launch same day but price difference is just too cut throat.

den
post Dec 9 2021, 01:13 PM

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QUOTE(special @ Dec 9 2021, 12:49 PM)
developer no give parking to studio unit.
bigger unit also get 1 parking only. biggest unit you get more.
not only that, that parking cost RM 40k.
most tak boleh tahan is phase 1 and 2 launch same day but price difference is just too cut throat.
*
i think also have to pay own stamping fee and MOT if not covered by HOC.
selinix
post Dec 9 2021, 03:38 PM

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QUOTE(special @ Dec 9 2021, 12:49 PM)
developer no give parking to studio unit.
bigger unit also get 1 parking only. biggest unit you get more.
not only that, that parking cost RM 40k.
most tak boleh tahan is phase 1 and 2 launch same day but price difference is just too cut throat.
*
whats the price for phase and phase 2?

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