Oct 18 2021, 02:20 PM
QUOTE(DragonReine @ Oct 18 2021, 08:00 AM)
Disclaimer: I'm Trion 2 buyer for own stay, so you can consider me biased in giving this opinion.
As far as on paper, Trion 2 is much better based on location and connection to amenities (walkable to public transport in the form of upcoming MRT2 station, near city centre). On top of that DBKL has already "promised" they're revitalising Chan Sow Lin area to change into a commercial hub rather than light industrial.
Nestree price is painfully high and premium for the location, and the general job opportunities+population growth in the area is not great.
Two major problems with Trion 2 as investment property:
1) High maintenance fees because commercial title and mid-low density+high number of "premium" facilities, in long run might get costly. In addition my banker had told me during my loan application that the retail price is on high side when valuated, so Trion 2 buyers are paying "future" price.
2) Competition is very stiff. Within 2km there's at least 2 high density investment oriented developments under construction like Trion 1 and proposed 1k+ units serviced apartment right next to Trion 2, there's Maluri area which has existing Sunway Velocity, upcoming super high density low-budget M Vertica, and in Belfield area less than 1km away there's Sunway Belfield.
I'd say overall potential they're about even. Nestree is bigger gamble but potential appreciation might be there in very long term (at least a decade), assuming township development goes through.
I'd personally say the major tie-breaker is which one you are able to hold onto even during no rental income/lack of tenant times, since that's when financial burden will be most painful.
I'll also warn you now that Trion 2 is 90% booked/sold and at least 80% have already signed their SPA according to KPKT data from 4 months ago, so there's not much units to pick from.
Hi, I wish to ask about the proposed 1k+ units serviced apartment right next to Trion 2? What's the project name or developer?As far as on paper, Trion 2 is much better based on location and connection to amenities (walkable to public transport in the form of upcoming MRT2 station, near city centre). On top of that DBKL has already "promised" they're revitalising Chan Sow Lin area to change into a commercial hub rather than light industrial.
Nestree price is painfully high and premium for the location, and the general job opportunities+population growth in the area is not great.
Two major problems with Trion 2 as investment property:
1) High maintenance fees because commercial title and mid-low density+high number of "premium" facilities, in long run might get costly. In addition my banker had told me during my loan application that the retail price is on high side when valuated, so Trion 2 buyers are paying "future" price.
2) Competition is very stiff. Within 2km there's at least 2 high density investment oriented developments under construction like Trion 1 and proposed 1k+ units serviced apartment right next to Trion 2, there's Maluri area which has existing Sunway Velocity, upcoming super high density low-budget M Vertica, and in Belfield area less than 1km away there's Sunway Belfield.
I'd say overall potential they're about even. Nestree is bigger gamble but potential appreciation might be there in very long term (at least a decade), assuming township development goes through.
I'd personally say the major tie-breaker is which one you are able to hold onto even during no rental income/lack of tenant times, since that's when financial burden will be most painful.
I'll also warn you now that Trion 2 is 90% booked/sold and at least 80% have already signed their SPA according to KPKT data from 4 months ago, so there's not much units to pick from.
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