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 SS16 or USJ 1 properties?, buying first property

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TScutiepoopie P
post Apr 27 2022, 02:34 AM, updated 4y ago

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Hi, sifu sifu sekalian. I'm interested to look for a property at Subang Jaya. Planning to stay in a room and rent out the rest of the rooms to cover instalments. May or may not use the same unit for own stay in the future. I've done my research but I need more information regarding the current scenarios of certain properties. I've read previous forums but those were dated few years back and I need to get some of your opinions.

Requirements:
1) budget about 400k
2) 3 bedrooms
3) pet friendly (i know most condos dont allow that and this narrow down my choices too)
4) close to lrt/brt/ktm so that its easier to rent out
5) not interested in old apartments (unless you can justify why should i have a look at that apartment)

Based on the requirements and in terms of investment, I've narrowed down my options to :

1) Casa Tiara
- i like that its walking distance to ktm/lrt station
- am aware that most ME rent that area but agent told me that they're ok as tenants. is it true?
- but its commercial land. cukai rate will be higher sad.gif
- do you think the current rental rate will be able to cover?

2) Impian Meridian
- saw many comments bout the crazy jam at usj 1. is it still that jam as per described?
- read bout the management too. how is the management now?
- better to rent to students or working adults?

3) Usj One Park Condominium
- slightly further away from the amenities compared to IM
- pet friendly
- due to the recent rainy season, was this condo or the road to this condo affected by flood before?
- is it good for investment? or mostly for own stay?

Any further comments on the properties listed? Any other suggestion which fits most of my criteria are most welcomed! Thank you thumbup.gif
Augusta
post Apr 27 2022, 03:02 AM

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if got budget can choose One park

buy really don't suggest to stay in USJ 1, unless you are a very patient person
mini orchard
post Apr 27 2022, 06:33 AM

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QUOTE(cutiepoopie @ Apr 27 2022, 02:34 AM)
Hi, sifu sifu sekalian. I'm interested to look for a property at Subang Jaya. Planning to stay in a room and rent out the rest of the rooms to cover instalments. May or may not use the same unit for own stay in the future. I've done my research but I need more information regarding the current scenarios of certain properties. I've read previous forums but those were dated few years back and I need to get some of your opinions.

Requirements:
1) budget about 400k
2) 3 bedrooms
3) pet friendly (i know most condos dont allow that and this narrow down my choices too)
4) close to lrt/brt/ktm so that its easier to rent out
5) not interested in old apartments (unless you can justify why should i have a look at that apartment)

Based on the requirements and in terms of investment, I've narrowed down my options to :

1) Casa Tiara
- i like that its walking distance to ktm/lrt station
- am aware that most ME rent that area but agent told me that they're ok as tenants. is it true?
- but its commercial land. cukai rate will be higher sad.gif
- do you think the current rental rate will be able to cover?

2) Impian Meridian
- saw many comments bout the crazy jam at usj 1. is it still that jam as per described?
- read bout the management too. how is the management now?
- better to rent to students or working adults?

3) Usj One Park Condominium
- slightly further away from the amenities compared to IM
- pet friendly
- due to the recent rainy season, was this condo or the road to this condo affected by flood before?
- is it good for investment? or mostly for own stay?

Any further comments on the properties listed? Any other suggestion which fits most of my criteria are most welcomed! Thank you  thumbup.gif
*
You dont have to commit to a 400k property if you are not sure of the outcome.

One can easily rent the entire unit and sublet the rooms. Nowadays, rental payment is cheaper than paying monthly instalment and other miscellaneous charges.

You can then decide after 1 or 2 years tenancy. If you like the place, make an offer to the landlord to buy over the place.
jaycee1
post Apr 27 2022, 08:02 AM

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USJ 1 going out to Kewajipan is a real test of patience. Unless you work on the southern end and can use the industrial back road to get out, your access is limited. It is a nice place, but traffic access issues.


forever1979
post Apr 27 2022, 09:12 AM

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one park (1200sft not the 950sf) design is like for dual key concept as the is two entrance and you can basically convert one room and wet kitchen area to become studio. it will suit your purpose.


TScutiepoopie P
post Apr 27 2022, 01:26 PM

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QUOTE(Augusta @ Apr 27 2022, 03:02 AM)
if got budget can choose One park

buy really don't suggest to stay in USJ 1, unless you are a very patient person
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Jam is one thing. How bout flood? That area always affected by it? Then it's like Puchong already.
TScutiepoopie P
post Apr 27 2022, 01:31 PM

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QUOTE(mini orchard @ Apr 27 2022, 06:33 AM)
You dont have to commit to a 400k property if you are not sure of the outcome.

One can easily rent the entire unit and sublet the rooms. Nowadays, rental payment is cheaper than paying monthly instalment and other miscellaneous charges.

You can then decide after 1 or 2 years tenancy. If you like the place, make an offer to the landlord to buy over the place.
*
Thanks for the info. Because I'm currently renting at a landed property. So might as well get a unit because at the end of the day, the property still belongs to me. Instead of helping someone else to pay for their instalments. Besides, interest rate is low now and property price may increase over time? I was thinking that landlord unlikely will sell their property if they are making money out of it?



 

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