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 Invest at Wangsa Maju, Worth to invest??

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TStws
post Sep 4 2007, 08:57 PM, updated 19y ago

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Hi,

Currently i over come a property at wangsa maju and it is a apartment selling at RM92,000 and seek advice from you guy if this is a worth place for investment? hmm.gif

I plan to buy this apartment purely for investment..... unsure.gif

I understand that the currently rental at that area is RM650 to RM700....

If i make a downpayment 20%, means i have to loan on RM72,000

After calculation..... monthly installment is RM527 and i need to pay maintenance for RM70/month

After deduction.... I have nett of RM50-RM100 extra every month...

Do you guys that that this is a worthy investment?? smile.gif


TStws
post Sep 4 2007, 09:41 PM

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QUOTE(Pai @ Sep 4 2007, 09:37 PM)
Is 92k the current market value of the property or 10% below market value?  smile.gif
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It is the value i see from the advertisement. RM92k. biggrin.gif
TStws
post Sep 4 2007, 10:02 PM

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QUOTE(vip @ Sep 4 2007, 09:44 PM)
isn't the KTAR and TARC are the same?

ya.. UTAR setapak will be move to Kampar ipoh next year i think...
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If not mistaken is call Teratai Mewah Apartment... Near to Danau Kota

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