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 Seek for advice: Mont Kiara Own Stay Condo

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nexona88
post Jan 27 2023, 05:27 PM

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QUOTE(edison8904 @ Jan 27 2023, 02:44 PM)
My wife kinda like there, and the vibes there also not bad. For myself I am also ok, now in Cyberjaya also my neighbors are foreigners bangla, MK foreigner white people more so I think more hygiene maybe
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Oh staying in Cyber...
Then MK should be kinda perfect then...
Nearby to others mature areas too... If want Chinese foods.. got Kepong... Want Indian got Sentul there 😁

This post has been edited by nexona88: Jan 27 2023, 05:27 PM
TSedison8904
post Jan 27 2023, 05:51 PM

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QUOTE(mingyew @ Jan 27 2023, 02:54 PM)
For having baby point of view, taman desa might more suitable for u, for childcare/kindy/school... or mont kiara >  all the way international school
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ahh you raised one of the concern too, we plan to send our kids to international school also. if all goes well lar...MK would be much much convenient
TSedison8904
post Jan 27 2023, 05:55 PM

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QUOTE(DesRed @ Jan 27 2023, 03:33 PM)
Just one question: Do you prefer to commute to work/social activities via car or public transportation?
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I prefer to drive actually, public transportation is not a must, i drive most of the time.
TSedison8904
post Jan 27 2023, 06:01 PM

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QUOTE(Inc. 100 @ Jan 27 2023, 03:41 PM)
You can get landed (leasehold) intermediate in Taman Desa for RM1.3mil++ (RM1.1mil was for an auction unit)
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yea surveyed some, mostly ranged from 1.2m to 1.6m, considering lotsa ID need to be done, since majority are very old, is very tiring even to think about it. and the cash flow simply cant do that for now. But we still eyeing that area, hopefully can salvage desperate owner willing to letgo at low market price.
Cavatzu
post Jan 27 2023, 06:15 PM

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QUOTE(edison8904 @ Jan 27 2023, 06:01 PM)
yea surveyed some, mostly ranged from 1.2m to 1.6m, considering lotsa ID need to be done, since majority are very old, is very tiring even to think about it. and the cash flow simply cant do that for now. But we still eyeing that area, hopefully can salvage desperate owner willing to letgo at low market price.
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Either you do condo in aforementioned areas or go for a terrace in PJ and do it up. These all pretty much work for the lifestyle you intend. It just depends how you lean.
loyiwei
post Jan 27 2023, 07:54 PM

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QUOTE(edison8904 @ Jan 27 2023, 05:51 PM)
ahh you raised one of the concern too, we plan to send our kids to international school also. if all goes well lar...MK would be much much convenient
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Have you considered Desa Parkcity? I think it is a great place for kid with a huge park to run ard. When you upgrade later, this can be a good investment unit with reasonable yield and higher potential capital gain than MK.
TSedison8904
post Jan 27 2023, 08:19 PM

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QUOTE(Cavatzu @ Jan 27 2023, 05:13 PM)
Well MK has the added benefit of your home becoming a good investment (positive cash flow property though maybe not now) when you decide to upgrade.

I personally believe interim own stay properties need to be investment grade. How is Cyberjaya going for TS?
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Spot on bro, this is what we are thinking too, good point. We were aiming for landed actually, but couldn’t really afford it for now. Simply because we felt for own stay there’s no point to buy area far far away but then jam for hours. Really had enough with jam. So future when time comes we definitely will move again, then this one we could rent it out.

My Cyberjaya home we will just sell it lar

This post has been edited by edison8904: Jan 27 2023, 08:20 PM
TSedison8904
post Jan 27 2023, 08:22 PM

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QUOTE(loyiwei @ Jan 27 2023, 07:54 PM)
Have you considered Desa Parkcity? I think it is a great place for kid with a huge park to run ard. When you upgrade later, this can be a good investment unit with reasonable yield and higher potential capital gain than MK.
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Hmm…desa park city not really considering it at the moment. I personally not really like that area tbh. I would choose TTDI rather
TSedison8904
post Jan 27 2023, 08:24 PM

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QUOTE(nexona88 @ Jan 27 2023, 05:27 PM)
Oh staying in Cyber...
Then MK should be kinda perfect then...
Nearby to others mature areas too... If want Chinese foods.. got Kepong... Want Indian got Sentul there 😁
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I stayed in Cyberjaya ahh I also go to Sri petaling often to makan makan.
SUSJulie Ting
post Jan 27 2023, 09:44 PM

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MK is a better area since you prefer to drive


Thasmita
post Jan 27 2023, 10:33 PM

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My advice would be rent first. Especially if it’s a condo. You will never know the real problems until you move in.


Also RM 1 mil is a lot of money.
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keelim
post Jan 27 2023, 10:52 PM

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QUOTE(edison8904 @ Jan 27 2023, 05:51 PM)
ahh you raised one of the concern too, we plan to send our kids to international school also. if all goes well lar...MK would be much much convenient
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Are you running your budget correctly? International school Vs pushing your budget above 1.2m…if you’re struggling with this, something is not right.
TSedison8904
post Jan 27 2023, 11:13 PM

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QUOTE(keelim @ Jan 27 2023, 10:52 PM)
Are you running your budget correctly? International school Vs pushing your budget above 1.2m…if you’re struggling with this, something is not right.
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bro, international school is not now, we still have time.
Ch0wCh0w
post Jan 28 2023, 03:38 AM

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QUOTE(Thasmita @ Jan 27 2023, 10:33 PM)
My advice would be rent first. Especially if it’s a condo. You will never know the real problems until you move in.
Also RM 1 mil is a lot of money.
I’m
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Agreed. Especially considering on getting such an overrated place like MK. By the looks of it, MK properties are selling at absolute future price now, does not look very promising for capital gains or even cash flow. If TS is "really had enough with jam", just try and rent a place in MK and see if it's gone or not 😂
Cavatzu
post Jan 28 2023, 06:06 AM

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QUOTE(Ch0wCh0w @ Jan 28 2023, 03:38 AM)
Agreed. Especially considering on getting such an overrated place like MK. By the looks of it, MK properties are selling at absolute future price now, does not look very promising for capital gains or even cash flow. If TS is "really had enough with jam", just try and rent a place in MK and see if it's gone or not 😂
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Won’t really say MK is that overpriced anymore as the psf has remain fairly stagnant apart from new launches. As an investment, the rents are fairly well justified as there’s a high concentration of expats.

Rest of KV has come up substantially and are at the psf level of MK or even higher.
Ch0wCh0w
post Jan 28 2023, 10:49 AM

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QUOTE(Cavatzu @ Jan 28 2023, 06:06 AM)
Won’t really say MK is that overpriced anymore as the psf has remain fairly stagnant apart from new launches. As an investment, the rents are fairly well justified as there’s a high concentration of expats.

Rest of KV has come up substantially and are at the psf level of MK or even higher.
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The older condos are definitely a good buy if we're looking at psf. Some juicy 300++ psf condos ready to be taken over
bryan_x00
post Jan 28 2023, 10:55 AM

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QUOTE(Ch0wCh0w @ Jan 28 2023, 10:49 AM)
The older condos are definitely a good buy if we're looking at psf. Some juicy 300++ psf condos ready to be taken over
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Where 300+PSF?
Ch0wCh0w
post Jan 28 2023, 11:25 AM

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QUOTE(bryan_x00 @ Jan 28 2023, 10:55 AM)
Where 300+PSF?
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Few examples are, Changkat View, Sri Putramas and Lanai Kiara
Cavatzu
post Jan 28 2023, 11:38 AM

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QUOTE(Ch0wCh0w @ Jan 28 2023, 11:25 AM)
Few examples are, Changkat View, Sri Putramas and Lanai Kiara
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You’d need maybe 200k in reno to bring them up to a modern standard but worth it for the low psf you pay for the big sized unit. Definitely works well as an own stay that could be transitioned into an investment property.
TSedison8904
post Feb 6 2023, 01:09 PM

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Yesterday just went for viewing Kiaraville, viewed Block A and B, size 1600sqf, 1800sqf, and 1900sqf.

1600sqf has to be ruled out, the layout is simply very cramp, doesn’t feel like 1600sqf, all the walls and corners make it felt very small.

1800 and 1900 at block B that will be a bit tough choice. 1900 we like the master bedroom, it’s spacious, 1800 we like the living hall.

Anyway, definitely Kiaraville will be shortlisted. Next we gonna arrange viewing for Kiaramas Cendana, our friends suggested there.

Any peeps have any suggestions for family stay >1600sqf near MK feel free to comment yea

This post has been edited by edison8904: Feb 6 2023, 01:23 PM

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