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 Mercu Jalil ok? still looking other project...

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TSnbz98 P
post Sep 14 2021, 11:23 AM, updated 5y ago

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Hi guys, need some advice... After so many research, Mercu Jalil meet my most requirement, but there some disadvantage... like part of unit is PPAM, no balcony, kind of high density (ard 680 units in Tower A), lease hold ... But its real cheap, 420k+ for 1000sf...and maintenance fee is just 0.11 psf (no pool, gym...but I'm ok with it)...
Is my first time buy house so hope to get more advice...should i buy Mercu?

88njhl P
post Sep 14 2021, 03:35 PM

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i personally dont think bukit jalil is the best location, not like damansara, subang at least mature community. but jalil community is like mix. not to say no good or bad. if u familiar and ok with the location,,, i think is ok.
schoe
post Sep 14 2021, 03:59 PM

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i like bukit jalil, but i dun like this project.. maybe i am not into buying a unit that beside another affordable unit, like rumahselangorku, rumahwip, ppam...
StupidGuyPlayComp
post Sep 14 2021, 05:05 PM

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QUOTE(88njhl @ Sep 14 2021, 03:35 PM)
i personally dont think bukit jalil is the best location, not like damansara, subang at least mature community. but jalil community is like mix. not to say no good or bad. if u familiar and ok with the location,,, i think is ok.
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TS's choice seem like at puncak jalil, not bukit jalil
Maiiyowei
post Sep 14 2021, 10:53 PM

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QUOTE(StupidGuyPlayComp @ Sep 14 2021, 05:05 PM)
TS's choice seem like at puncak jalil, not bukit jalil
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Mercu under bukit jalil postcode and KL address
jing1516
post Sep 15 2021, 12:10 AM

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QUOTE(Maiiyowei @ Sep 14 2021, 10:53 PM)
Mercu under bukit jalil postcode and KL address
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I’m first home buyer too. Currently I’m looking at mercu jalil as ell! What is your thoughts on this property? It seems like a value buy and its location is quite good( pavilion 2 opens on Dec 2021)
sycubezz
post Sep 22 2021, 02:18 PM

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I honestly think this is a good buy for the long term since the price is really good for such unit size
StupidGuyPlayComp
post Sep 22 2021, 03:58 PM

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QUOTE(sycubezz @ Sep 22 2021, 02:18 PM)
I honestly think this is a good buy for the long term since the price is really good for such unit size
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For your info, this project consist of 2 towers, 1 is selling 4xxk like TS mentioned. Another tower is selling below 300k only for government staffs.

good buy?
thenazek
post Sep 22 2021, 04:05 PM

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First home buyers. hold your horses. Crash is coming. Just wait another 1-2 years.
Ryan's
post Sep 22 2021, 04:20 PM

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QUOTE(thenazek @ Sep 22 2021, 04:05 PM)
First home buyers. hold your horses. Crash is coming. Just wait another 1-2 years.
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wait forever
yeezai
post Sep 22 2021, 04:54 PM

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QUOTE(StupidGuyPlayComp @ Sep 22 2021, 03:58 PM)
For your info, this project consist of 2 towers, 1 is selling 4xxk like TS mentioned. Another tower is selling below 300k only for government staffs.

good buy?
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Good buy for govt staff ..
Maiiyowei
post Sep 22 2021, 08:40 PM

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QUOTE(yeezai @ Sep 22 2021, 04:54 PM)
Good buy for govt staff ..
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Government staff have subsidy ma, like compare pencen and epf, how to compare, right? now a days,new development comes with rumahwip and affordable homes, like the harmony, pv9 ,emerald 9 ... Every project have pro and cons, as long can accept the cons, why not pull the trigger. Cheer up πŸ˜†πŸ˜†
StupidGuyPlayComp
post Sep 22 2021, 08:46 PM

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QUOTE(Maiiyowei @ Sep 22 2021, 08:40 PM)
Government staff have subsidy ma, like compare pencen and epf, how to compare, right?  now a days,new development comes with rumahwip and affordable homes, like the harmony, pv9 ,emerald 9 ... Every project have pro and cons, as long can accept the cons, why not pull the trigger.  Cheer up πŸ˜†πŸ˜†
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that's another story if teh rumahwip selangorku are standalone project

but this mercu jalil are combining rumahwip and private resident, imagine you want rent out later, definitely unable get a good rental price since it always someone rent cheaper than yours

you want sell? someone sell cheaper than you.

poor choice in investment
Maiiyowei
post Sep 22 2021, 10:41 PM

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QUOTE(StupidGuyPlayComp @ Sep 22 2021, 08:46 PM)
that's another story if teh rumahwip selangorku are standalone project

but this mercu jalil are combining rumahwip and private resident, imagine you want rent out later, definitely unable get a good rental price since it always someone rent cheaper than yours

you want sell? someone sell cheaper than you.

poor choice in investment
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U have your view, not right or wrong. Who say mercu is combining rumahwip and private residence, they r not combining, just same location, different development. Rental base on renovation/decoration and adding value into your unit to get better rental, like Wi-Fi, cuckoo water filter.

Then which project u think is good for investment?

StupidGuyPlayComp
post Sep 23 2021, 08:15 AM

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QUOTE(Maiiyowei @ Sep 22 2021, 10:41 PM)
U have your view, not right or wrong.Β  Who say mercu is combining rumahwip and private residence, they r not combining, just same location, different development.Β  Rental base on renovation/decoration and adding value into your unit to get better rental, like Wi-Fi, cuckoo water filter.Β 

Then which project u think is good for investment?
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This post has been edited by StupidGuyPlayComp: Sep 23 2021, 01:55 PM
cy91
post Sep 23 2021, 08:19 AM

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QUOTE(StupidGuyPlayComp @ Sep 23 2021, 08:15 AM)
they are combining, even sharing the same facility
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No it is not.. just side by side
Calvintankl
post Sep 23 2021, 08:44 AM

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QUOTE(StupidGuyPlayComp @ Sep 23 2021, 08:15 AM)
they are combining, even sharing the same facility
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FYI,
Mercu Jalil is mixed of PPA1M & Public Residence.
Block A open to Public
Block B is only for PPA1M.

RUMAWIP is just opposite of it.

In investment wise,
I will said depends on each perspective.

RUMAWIP & PPA1M has a rule that it is only able to rent out or sold after 5-10 years.

so, the only moment that has most affordable price in that area is the public Mercu Jalil.


StupidGuyPlayComp
post Sep 23 2021, 08:45 AM

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QUOTE(cy91 @ Sep 23 2021, 08:19 AM)
No it is not.. just side by side
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https://forum.lowyat.net/topic/3882247

I read here.

If separate project then another story. anyway it still a very poor investment.

even the PPAM low price units unable sold out, now open to public
cy91
post Sep 23 2021, 08:52 AM

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QUOTE(Calvintankl @ Sep 23 2021, 08:44 AM)
FYI,
Mercu Jalil is mixed of PPA1M & Public Residence.
Block A open to Public
Block B is only for PPA1M.

RUMAWIP is just opposite of it.

In investment wise,
I will said depends on each perspective.

RUMAWIP & PPA1M has a rule that it is only able to rent out or sold after 5-10 years.

so, the only moment that has most affordable price in that area is the public Mercu Jalil.
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There are 3 blocks in total, another one luxury block with 600k+++
Maiiyowei
post Sep 23 2021, 01:32 PM

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QUOTE(StupidGuyPlayComp @ Sep 23 2021, 08:15 AM)
they are combining, even sharing the same facility
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Haha, u serveying is quite limitation. But u r wrong on this... do more homework before comment, all the best to you πŸ‘πŸ‘
StupidGuyPlayComp
post Sep 23 2021, 01:56 PM

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QUOTE(Maiiyowei @ Sep 23 2021, 01:32 PM)
Haha, u serveying is quite limitation.  But u r wrong on this... do more homework before comment, all the best to you πŸ‘πŸ‘
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sorry for the wrong info
Maiiyowei
post Sep 23 2021, 02:30 PM

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QUOTE(StupidGuyPlayComp @ Sep 23 2021, 01:56 PM)
sorry for the wrong info
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Full of respect,bro πŸ‘πŸ‘πŸ‘
keane04
post Sep 23 2021, 04:34 PM

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QUOTE(StupidGuyPlayComp @ Sep 23 2021, 08:45 AM)
https://forum.lowyat.net/topic/3882247

I read here.

If separate project then another story. anyway it still a very poor investment.

even the PPAM low price units unable sold out, now open to public
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Means both block A and B open to public now?

What are the differences in terms of spec and pricing?

Anyone can share?
Calvintankl
post Sep 23 2021, 05:30 PM

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QUOTE(keane04 @ Sep 23 2021, 04:34 PM)
Means both block A and B open to public now?

What are the differences in terms of spec and pricing?

Anyone can share?
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Only Block A open to public, Block B is selected units, but we will recommend to take Block A.

No difference for the same layout.

Pmed you on the pricing.
V12Kompressor
post Sep 23 2021, 10:18 PM

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One of the plus point of this project is the amount of facilities which are close to zero. Definitely saves a lot in terms of maintenance fees. smile.gif
Kelvin KLP P
post Oct 3 2021, 02:53 AM

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ppa1m will affect the value-added??

yapjj_1214 P
post Nov 16 2021, 01:04 AM

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Anyone interested in this project can PM me also ya.

The main advantage of this project is big size with cheap price. For ownstay, it's very affordable if you compare with other projects nearby Bukit Jalil. For rental, you don't need to rent too high to cover installment. Actually rental investment depends on how you do it also. I rent a room at an old condo current ly only worth RM250k-RM300k. But I count the total rental the unit can receive is more than RM2K. But this included the owner partitioned the living rooms la so a 3rooms unit became 4rooms.

The disadvantage as others mentioned is no balcony and no facilities but this caused the maintenance to be very low also.

Anyway if your financial is better and you want find different properties can PM me also. 😊
DrPitchard
post Dec 17 2023, 08:30 AM

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Those who bought under PPAM, damn advantageous, since it max at RM300k only while the normal units (the other block) goes for RM400k. Super safe buffer against the property depreciating below the PPAM cost price. Facilities are very bare as mentioned, no swimming pool, but at RM0.11/psqft, I guess there really isn't much to complain. Security + lift + cleaning maintenance, that itself should cost more than RM0.11/psqft.



 

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